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Hla Group (SHSE:600398) Cyclically Adjusted Price-to-FCF : 13.97 (As of Jun. 18, 2024)


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What is Hla Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-18), Hla Group's current share price is ¥9.22. Hla Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.66. Hla Group's Cyclically Adjusted Price-to-FCF for today is 13.97.

The historical rank and industry rank for Hla Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:600398' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.94   Med: 19.22   Max: 58.28
Current: 14.21

During the past years, Hla Group's highest Cyclically Adjusted Price-to-FCF was 58.28. The lowest was 5.94. And the median was 19.22.

SHSE:600398's Cyclically Adjusted Price-to-FCF is ranked better than
59.78% of 363 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 17.75 vs SHSE:600398: 14.21

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Hla Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.286. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ¥0.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hla Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hla 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.

* Premium members only.

Hla Group Cyclically Adjusted Price-to-FCF Chart

Hla Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.60 10.73 9.59 7.81 11.83

Hla Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.93 9.68 10.95 11.83 13.56

Competitive Comparison of Hla Group's Cyclically Adjusted Price-to-FCF

For the Apparel Manufacturing subindustry, Hla 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.


Hla Group's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hla Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Hla 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.

Hla Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.22/0.66
=13.97

* 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.

Hla Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hla Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.286/115.2271*115.2271
=0.286

Current CPI (Mar. 2024) = 115.2271.

Hla Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 98.200 0.000
201409 -0.055 98.900 -0.064
201412 0.332 99.000 0.386
201503 0.237 99.900 0.273
201506 0.024 99.500 0.028
201509 -0.136 100.500 -0.156
201512 0.375 100.600 0.430
201603 0.125 102.200 0.141
201606 -0.061 101.400 -0.069
201609 -0.034 102.400 -0.038
201612 0.475 102.600 0.533
201703 0.005 103.200 0.006
201706 0.057 103.100 0.064
201709 -0.163 104.100 -0.180
201712 0.617 104.500 0.680
201803 0.193 105.300 0.211
201806 -0.079 104.900 -0.087
201809 -0.181 106.600 -0.196
201812 0.393 106.500 0.425
201903 0.246 107.700 0.263
201906 -0.205 107.700 -0.219
201909 -0.092 109.800 -0.097
201912 0.671 111.200 0.695
202003 0.201 112.300 0.206
202006 -0.020 110.400 -0.021
202009 -0.275 111.700 -0.284
202012 0.713 111.500 0.737
202103 0.236 112.662 0.241
202106 0.279 111.769 0.288
202109 -0.102 112.215 -0.105
202112 0.474 113.108 0.483
202203 0.157 114.335 0.158
202206 0.077 114.558 0.077
202209 -0.062 115.339 -0.062
202212 0.434 115.116 0.434
202303 0.254 115.116 0.254
202306 0.285 114.558 0.287
202309 -0.098 115.339 -0.098
202312 0.555 114.781 0.557
202403 0.286 115.227 0.286

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.


Hla Group  (SHSE:600398) 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.


Hla Group Cyclically Adjusted Price-to-FCF Related Terms

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Hla Group (SHSE:600398) Business Description

Traded in Other Exchanges
N/A
Address
Heilan Industrial Park, Xinqiao Town, Jiangsu Province, Jiangyin, CHN, 214426
Hla Group Corp Ltd is a Chinese clothing company. Its businesses include the operation of brand clothes, the production, and sales of upscale suits and professional clothing. Its brand clothing management includes brand management, supply chain management, and marketing network management. The company has clothing brands such as Heilan Home, Eichitoo, and Sancanal. The company offers men's clothing, women's clothing, and accessories.
Executives
Zhou Li Chen Director
Zhao Fang Wei Director
Qian Ya Ping Director
Xu Qing Hua Director
Gu Dong Sheng Director
Zhou Jian Ping Director

Hla Group (SHSE:600398) Headlines

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