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Techna-X Bhd (XKLS:2739) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


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What is Techna-X Bhd Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Techna-X Bhd Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Techna-X Bhd'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.

Techna-X Bhd Cyclically Adjusted Price-to-FCF Chart

Techna-X Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Techna-X Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Techna-X Bhd's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, Techna-X Bhd'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.


Techna-X Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Techna-X Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Techna-X Bhd's Cyclically Adjusted Price-to-FCF falls into.



Techna-X Bhd 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.

Techna-X Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Techna-X Bhd's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.02/129.8595*129.8595
=-0.020

Current CPI (Sep. 2023) = 129.8595.

Techna-X Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.388 98.326 -0.512
201403 0.058 99.695 0.076
201406 0.074 100.560 0.096
201409 0.064 100.428 0.083
201412 -0.489 99.070 -0.641
201503 0.513 99.621 0.669
201506 -0.117 100.684 -0.151
201509 -0.143 100.392 -0.185
201512 -0.703 99.792 -0.915
201603 -0.194 100.470 -0.251
201606 -0.024 101.688 -0.031
201609 -0.098 101.861 -0.125
201612 0.261 101.863 0.333
201703 -0.101 102.862 -0.128
201706 0.028 103.349 0.035
201709 -0.343 104.136 -0.428
201712 0.017 104.011 0.021
201803 -0.064 105.290 -0.079
201806 -0.001 106.317 -0.001
201809 0.059 106.507 0.072
201812 0.100 105.998 0.123
201903 0.361 107.251 0.437
201906 0.054 108.070 0.065
201909 -0.005 108.329 -0.006
201912 0.005 108.420 0.006
202003 -0.118 108.902 -0.141
202006 0.027 108.767 0.032
202009 -0.252 109.815 -0.298
202012 -0.249 109.897 -0.294
202103 -0.211 111.754 -0.245
202106 -0.247 114.631 -0.280
202109 -0.039 115.734 -0.044
202112 -0.140 117.630 -0.155
202203 -0.018 121.301 -0.019
202206 1.891 125.017 1.964
202209 -1.771 125.227 -1.837
202212 0.098 125.222 0.102
202303 -0.033 127.348 -0.034
202306 0.058 128.729 0.059
202309 -0.020 129.860 -0.020

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.


Techna-X Bhd  (XKLS:2739) 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.


Techna-X Bhd Cyclically Adjusted Price-to-FCF Related Terms

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Techna-X Bhd (XKLS:2739) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Techna-X Bhd (XKLS:2739) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
Changkat Semantan, Unit 2.2, Level 2, Work@Clearwater, Damansara Heights, Wilayah Persekutuan, Kuala Lumpur, MYS, 50490
Techna-X Bhd is an investment holding company. It provides an intelligent digital ecosystem and energy storage solutions. Its core technologies include mobile data, IoT, digital infrastructure, deep analytics, business intelligence and ultracapacitor technology. The segments of the group are Technology-driven food and beverage; Energy storage solutions; Technology and digital transformations enabler; Manufacturing and trading of coke and Others. It has a business presence in Malaysia and the PRC.

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