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Tsann Kuen (China) Enterprise Co (SZSE:200512) Cyclically Adjusted Price-to-FCF : 6.63 (As of May. 21, 2024)


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What is Tsann Kuen (China) Enterprise Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Tsann Kuen (China) Enterprise Co's current share price is HK$3.25. Tsann Kuen (China) Enterprise Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was HK$0.49. Tsann Kuen (China) Enterprise Co's Cyclically Adjusted Price-to-FCF for today is 6.63.

The historical rank and industry rank for Tsann Kuen (China) Enterprise Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:200512' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.35   Med: 7.41   Max: 29.56
Current: 6.56

During the past years, Tsann Kuen (China) Enterprise Co's highest Cyclically Adjusted Price-to-FCF was 29.56. The lowest was 3.35. And the median was 7.41.

SZSE:200512's Cyclically Adjusted Price-to-FCF is ranked better than
85.16% of 182 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 18.41 vs SZSE:200512: 6.56

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.

Tsann Kuen (China) Enterprise Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was HK$0.082. 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 HK$0.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tsann Kuen (China) Enterprise Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tsann Kuen (China) Enterprise Co'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.

Tsann Kuen (China) Enterprise Co Cyclically Adjusted Price-to-FCF Chart

Tsann Kuen (China) Enterprise Co 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 11.56 15.99 9.01 6.91 6.77

Tsann Kuen (China) Enterprise Co 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 7.09 5.87 6.11 6.77 6.25

Competitive Comparison of Tsann Kuen (China) Enterprise Co's Cyclically Adjusted Price-to-FCF

For the Furnishings, Fixtures & Appliances subindustry, Tsann Kuen (China) Enterprise Co'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.


Tsann Kuen (China) Enterprise Co's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Tsann Kuen (China) Enterprise Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Tsann Kuen (China) Enterprise Co's Cyclically Adjusted Price-to-FCF falls into.



Tsann Kuen (China) Enterprise Co 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.

Tsann Kuen (China) Enterprise Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.25/0.49
=6.63

* 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.

Tsann Kuen (China) Enterprise Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Tsann Kuen (China) Enterprise Co'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)
=0.082/115.2271*115.2271
=0.082

Current CPI (Mar. 2024) = 115.2271.

Tsann Kuen (China) Enterprise Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.184 98.200 -0.216
201409 -0.270 98.900 -0.315
201412 0.663 99.000 0.772
201503 -0.343 99.900 -0.396
201506 -0.205 99.500 -0.237
201509 -0.494 100.500 -0.566
201512 1.151 100.600 1.318
201603 -0.224 102.200 -0.253
201606 -0.415 101.400 -0.472
201609 -0.125 102.400 -0.141
201612 0.957 102.600 1.075
201703 -0.105 103.200 -0.117
201706 -0.461 103.100 -0.515
201709 0.028 104.100 0.031
201712 0.556 104.500 0.613
201803 -0.155 105.300 -0.170
201806 -0.759 104.900 -0.834
201809 0.217 106.600 0.235
201812 0.834 106.500 0.902
201903 -0.029 107.700 -0.031
201906 -0.164 107.700 -0.175
201909 0.156 109.800 0.164
201912 0.547 111.200 0.567
202003 -0.465 112.300 -0.477
202006 0.091 110.400 0.095
202009 1.007 111.700 1.039
202012 1.014 111.500 1.048
202103 -0.401 112.662 -0.410
202106 -0.182 111.769 -0.188
202109 -0.396 112.215 -0.407
202112 1.709 113.108 1.741
202203 0.015 114.335 0.015
202206 0.168 114.558 0.169
202209 -0.131 115.339 -0.131
202212 0.737 115.116 0.738
202303 -0.415 115.116 -0.415
202306 0.080 114.558 0.080
202309 0.207 115.339 0.207
202312 0.514 114.781 0.516
202403 0.082 115.227 0.082

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.


Tsann Kuen (China) Enterprise Co  (SZSE:200512) 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.


Tsann Kuen (China) Enterprise Co Cyclically Adjusted Price-to-FCF Related Terms

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Tsann Kuen (China) Enterprise Co (SZSE:200512) Business Description

Traded in Other Exchanges
N/A
Address
TSANN KUEN Industrial Park, Taiwanese Investment Zone, Fujian Province, Zhangzhou, CHN, 363107
Tsann Kuen (China) Enterprise Co Ltd is a company that develops and manufactures household appliances, electronics, light industrial products and, modern office supplies. Its operating segments are Small home appliance manufacturing and Other services. The product categories include Cooking utensils, Everyday home appliances, Tea and coffee makers, and other products and services. Geographically the company operates in Australia, Africa, America, Europe, and Asia, of which prime revenue is derived from America. The majority of its revenue is generated through the Small home appliance manufacturing segment.

Tsann Kuen (China) Enterprise Co (SZSE:200512) Headlines

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