GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » IJM Corp Bhd (XKLS:3336) » Definitions » Cyclically Adjusted Price-to-FCF

IJM Bhd (XKLS:3336) Cyclically Adjusted Price-to-FCF : 15.79 (As of Jun. 24, 2024)


View and export this data going back to 1986. Start your Free Trial

What is IJM Bhd Cyclically Adjusted Price-to-FCF?

As of today (2024-06-24), IJM Bhd's current share price is RM3.00. IJM Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was RM0.19. IJM Bhd's Cyclically Adjusted Price-to-FCF for today is 15.79.

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

XKLS:3336' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.19   Med: 13.77   Max: 32.43
Current: 15.67

During the past years, IJM Bhd's highest Cyclically Adjusted Price-to-FCF was 32.43. The lowest was 9.19. And the median was 13.77.

XKLS:3336's Cyclically Adjusted Price-to-FCF is ranked better than
55.61% of 214 companies
in the Conglomerates industry
Industry Median: 18.075 vs XKLS:3336: 15.67

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.

IJM Bhd's adjusted free cash flow per share data for the three months ended in Dec. 2023 was RM0.149. 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 RM0.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


IJM Bhd Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for IJM 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.

IJM Bhd Cyclically Adjusted Price-to-FCF Chart

IJM Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 17.04 15.86 12.62 9.81

IJM 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 9.91 9.81 9.24 10.33 9.82

Competitive Comparison of IJM Bhd's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, IJM 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.


IJM Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, IJM Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



IJM 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.

IJM Bhd's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.00/0.19
=15.79

* 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.

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

For example, IJM 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)
=0.149/129.4194*129.4194
=0.149

Current CPI (Dec. 2023) = 129.4194.

IJM Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.033 99.695 0.043
201406 0.003 100.560 0.004
201409 -0.048 100.428 -0.062
201412 -0.055 99.070 -0.072
201503 0.164 99.621 0.213
201506 0.019 100.684 0.024
201509 0.057 100.392 0.073
201512 0.019 99.792 0.025
201603 0.032 100.470 0.041
201606 0.046 101.688 0.059
201609 0.023 101.861 0.029
201612 0.069 101.863 0.088
201703 0.192 102.862 0.242
201706 -0.022 103.349 -0.028
201709 -0.017 104.136 -0.021
201712 0.023 104.011 0.029
201803 0.088 105.290 0.108
201806 -0.094 106.317 -0.114
201809 -0.020 106.507 -0.024
201812 -0.081 105.998 -0.099
201903 0.055 107.251 0.066
201906 -0.008 108.070 -0.010
201909 -0.009 108.329 -0.011
201912 0.116 108.420 0.138
202003 0.157 108.902 0.187
202006 0.019 108.767 0.023
202009 0.017 109.815 0.020
202012 0.136 109.897 0.160
202103 0.026 111.754 0.030
202106 0.055 114.631 0.062
202109 0.035 115.734 0.039
202112 0.069 117.630 0.076
202203 0.068 121.301 0.073
202206 0.053 125.017 0.055
202209 0.084 125.227 0.087
202212 0.004 125.222 0.004
202303 0.116 127.348 0.118
202306 0.005 128.729 0.005
202309 0.086 129.860 0.086
202312 0.149 129.419 0.149

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.


IJM Bhd  (XKLS:3336) 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.


IJM Bhd Cyclically Adjusted Price-to-FCF Related Terms

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


IJM Bhd (XKLS:3336) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan Yong Shook Lin, 2nd Floor, Wisma IJM, Petaling Jaya, SGR, MYS, 46050
IJM Corp Bhd is an investment holding company. It constructs hotels, residential complexes, highways and transportation systems, and other large industrial structures. In addition, the company provides construction materials for in-house support and external customers. It utilizes quarry operations, ready-mixed concrete, scaffolding, and other supplies to provide reliable solutions. IJM has five operating segments: Construction, Property development, Manufacturing and quarrying, Infrastructure and Investment and others. The majority of the company's revenue is derived from Malaysia.

IJM Bhd (XKLS:3336) Headlines

No Headlines