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Hong Leong Industries Bhd (XKLS:3301) Cyclically Adjusted Price-to-FCF : 8.38 (As of May. 13, 2024)


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What is Hong Leong Industries Bhd Cyclically Adjusted Price-to-FCF?

As of today (2024-05-13), Hong Leong Industries Bhd's current share price is RM10.72. Hong Leong Industries Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was RM1.28. Hong Leong Industries Bhd's Cyclically Adjusted Price-to-FCF for today is 8.38.

The historical rank and industry rank for Hong Leong Industries Bhd's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

XKLS:3301' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.1   Med: 8.28   Max: 10
Current: 8.41

During the past years, Hong Leong Industries Bhd's highest Cyclically Adjusted Price-to-FCF was 10.00. The lowest was 7.10. And the median was 8.28.

XKLS:3301's Cyclically Adjusted Price-to-FCF is ranked better than
83.71% of 491 companies
in the Vehicles & Parts industry
Industry Median: 21.97 vs XKLS:3301: 8.41

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.

Hong Leong Industries Bhd's adjusted free cash flow per share data for the three months ended in Dec. 2023 was RM0.364. 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 RM1.28 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hong Leong Industries Bhd Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hong Leong Industries 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.

Hong Leong Industries Bhd Cyclically Adjusted Price-to-FCF Chart

Hong Leong Industries Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 8.90 9.35 7.71 7.35

Hong Leong Industries Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 7.87 7.32 7.35 7.17 7.21

Competitive Comparison of Hong Leong Industries Bhd's Cyclically Adjusted Price-to-FCF

For the Auto Manufacturers subindustry, Hong Leong Industries 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.


Hong Leong Industries Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hong Leong Industries Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hong Leong Industries Bhd's Cyclically Adjusted Price-to-FCF falls into.



Hong Leong Industries 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.

Hong Leong Industries Bhd's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.72/1.28
=8.38

* 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.

Hong Leong Industries Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Hong Leong Industries Bhd's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.364/129.4194*129.4194
=0.364

Current CPI (Dec. 2023) = 129.4194.

Hong Leong Industries Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.029 99.695 0.038
201406 0.252 100.560 0.324
201409 0.191 100.428 0.246
201412 0.089 99.070 0.116
201503 0.013 99.621 0.017
201506 0.274 100.684 0.352
201509 0.284 100.392 0.366
201512 0.146 99.792 0.189
201603 0.071 100.470 0.091
201606 0.381 101.688 0.485
201609 0.235 101.861 0.299
201612 0.088 101.863 0.112
201703 0.215 102.862 0.271
201706 0.497 103.349 0.622
201709 0.282 104.136 0.350
201712 0.379 104.011 0.472
201803 0.245 105.290 0.301
201806 0.513 106.317 0.624
201809 0.315 106.507 0.383
201812 0.494 105.998 0.603
201903 0.305 107.251 0.368
201906 0.361 108.070 0.432
201909 0.483 108.329 0.577
201912 0.477 108.420 0.569
202003 0.021 108.902 0.025
202006 0.181 108.767 0.215
202009 0.469 109.815 0.553
202012 0.638 109.897 0.751
202103 0.362 111.754 0.419
202106 -0.439 114.631 -0.496
202109 -0.227 115.734 -0.254
202112 0.519 117.630 0.571
202203 0.238 121.301 0.254
202206 0.560 125.017 0.580
202209 0.400 125.227 0.413
202212 0.203 125.222 0.210
202303 0.487 127.348 0.495
202306 0.084 128.729 0.084
202309 0.377 129.860 0.376
202312 0.364 129.419 0.364

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.


Hong Leong Industries Bhd  (XKLS:3301) 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.


Hong Leong Industries Bhd Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Hong Leong Industries Bhd's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Hong Leong Industries Bhd (XKLS:3301) Business Description

Traded in Other Exchanges
N/A
Address
Number 6, Jalan Damanlela, Level 31, Menara Hong Leong, Bukit Damansara, Kuala Lumpur, SGR, MYS, 50490
Hong Leong Industries Bhd is a Malaysia-based investment holding company. Its only operating segment being Consumer products. Consumer products segment manufacture and sale of consumer products comprises motorcycles, spare parts and ceramic tiles. Geographically, it derives a majority of revenue from Malaysia.

Hong Leong Industries Bhd (XKLS:3301) Headlines

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