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Sino Horizon Holdings (TPE:2923) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Sino Horizon Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sino Horizon Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sino Horizon Holdings'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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Sino Horizon Holdings Cyclically Adjusted Price-to-FCF Chart

Sino Horizon Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Sino Horizon Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Sino Horizon Holdings's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Sino Horizon Holdings'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.


Sino Horizon Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sino Horizon Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Sino Horizon Holdings's Cyclically Adjusted Price-to-FCF falls into.



Sino Horizon Holdings 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.

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

For example, Sino Horizon Holdings'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)
=-1.362/131.7762*131.7762
=-1.362

Current CPI (Mar. 2024) = 131.7762.

Sino Horizon Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.305 100.560 -0.400
201409 0.376 100.428 0.493
201412 0.543 99.070 0.722
201503 -0.080 99.621 -0.106
201506 0.677 100.684 0.886
201509 0.808 100.392 1.061
201512 0.372 99.792 0.491
201603 -0.530 100.470 -0.695
201606 -0.480 101.688 -0.622
201609 -0.294 101.861 -0.380
201612 0.266 101.863 0.344
201703 -0.616 102.862 -0.789
201706 0.057 103.349 0.073
201709 -0.880 104.136 -1.114
201712 -1.477 104.011 -1.871
201803 -0.593 105.290 -0.742
201806 0.634 106.317 0.786
201809 0.673 106.507 0.833
201812 -0.007 105.998 -0.009
201903 -2.199 107.251 -2.702
201906 -0.729 108.070 -0.889
201909 1.487 108.329 1.809
201912 0.183 108.420 0.222
202003 0.219 108.902 0.265
202006 0.815 108.767 0.987
202009 0.161 109.815 0.193
202012 -0.238 109.897 -0.285
202103 -0.632 111.754 -0.745
202106 -0.005 114.631 -0.006
202109 -1.750 115.734 -1.993
202112 1.290 117.630 1.445
202203 -1.215 121.301 -1.320
202206 -0.504 125.017 -0.531
202209 2.103 125.227 2.213
202212 0.665 125.222 0.700
202303 2.123 127.348 2.197
202306 -0.573 128.729 -0.587
202309 -0.505 129.860 -0.512
202312 -0.913 129.419 -0.930
202403 -1.362 131.776 -1.362

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.


Sino Horizon Holdings  (TPE:2923) 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.


Sino Horizon Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Sino Horizon Holdings (TPE:2923) Business Description

Traded in Other Exchanges
N/A
Address
450, Ruijin 2 Road, Huangpu District, Shanghai, CHN
Sino Horizon Holdings Ltd provides real estate development services. The company manages, sells, and develops real estate businesses in China. Its reportable segments include real-estate sales, commercial leasing, property management, and others. The company derives the maximum revenue from the real-estate sales segment. Geographically, it operates in Mainland China.

Sino Horizon Holdings (TPE:2923) Headlines

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