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Courage Investment Group (SGX:CIN) Cyclically Adjusted Price-to-FCF : (As of Dec. 13, 2024)


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What is Courage Investment Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Courage Investment Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Courage Investment Group's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Courage Investment Group Cyclically Adjusted Price-to-FCF Chart

Courage Investment Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Courage Investment Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of Courage Investment Group's Cyclically Adjusted Price-to-FCF

For the Marine Shipping subindustry, Courage Investment Group's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Courage Investment Group's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Courage Investment Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Courage Investment Group's Cyclically Adjusted Price-to-FCF falls into.



Courage Investment Group Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Courage Investment Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Courage Investment Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.003/117.2957*117.2957
=0.003

Current CPI (Dec23) = 117.2957.

Courage Investment Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.049 99.707 -0.058
201512 -0.027 102.015 -0.031
201612 -0.024 103.225 -0.027
201712 -0.014 104.984 -0.016
201812 0.000 107.622 0.000
201912 -0.016 110.700 -0.017
202012 0.005 109.711 0.005
202112 0.005 112.349 0.005
202212 0.005 114.548 0.005
202312 0.003 117.296 0.003

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Courage Investment Group  (SGX:CIN) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Courage Investment Group Cyclically Adjusted Price-to-FCF Related Terms

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Courage Investment Group Business Description

Traded in Other Exchanges
Address
23 Harbour Road, Room 1501, 15th Floor, Great Eagle Centre, Wanchai, Hong Kong, HKG
Courage Investment Group Ltd is an investment holding company. The company's reportable segments include Marine transportation, Merchandise trading, Property holding and investment and Investment holding. It generates maximum revenue from the Marine transportation segment which comprises mainly vessel chartering business. Geographically, it derives a majority of its revenue from Hong Kong.

Courage Investment Group Headlines

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