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Fraser & Neave Holdings Bhd (XKLS:3689) Cyclically Adjusted Price-to-FCF : 30.19 (As of Jun. 23, 2024)


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What is Fraser & Neave Holdings Bhd Cyclically Adjusted Price-to-FCF?

As of today (2024-06-23), Fraser & Neave Holdings Bhd's current share price is RM32.00. Fraser & Neave Holdings Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was RM1.06. Fraser & Neave Holdings Bhd's Cyclically Adjusted Price-to-FCF for today is 30.19.

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

XKLS:3689' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.64   Med: 30.19   Max: 51.56
Current: 30.07

During the past years, Fraser & Neave Holdings Bhd's highest Cyclically Adjusted Price-to-FCF was 51.56. The lowest was 22.64. And the median was 30.19.

XKLS:3689's Cyclically Adjusted Price-to-FCF is ranked worse than
73.08% of 52 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 21.995 vs XKLS:3689: 30.07

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.

Fraser & Neave Holdings Bhd's adjusted free cash flow per share data for the three months ended in Mar. 2024 was RM0.265. 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 RM1.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fraser & Neave Holdings Bhd Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fraser & Neave Holdings 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.

Fraser & Neave Holdings Bhd Cyclically Adjusted Price-to-FCF Chart

Fraser & Neave Holdings Bhd Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.35 47.31 33.72 24.77 24.47

Fraser & Neave Holdings Bhd 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 27.57 25.05 24.47 26.90 27.50

Competitive Comparison of Fraser & Neave Holdings Bhd's Cyclically Adjusted Price-to-FCF

For the Beverages - Non-Alcoholic subindustry, Fraser & Neave Holdings 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.


Fraser & Neave Holdings Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Fraser & Neave Holdings Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Fraser & Neave Holdings Bhd's Cyclically Adjusted Price-to-FCF falls into.



Fraser & Neave Holdings 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.

Fraser & Neave Holdings Bhd's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=32.00/1.06
=30.19

* 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.

Fraser & Neave Holdings Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Fraser & Neave Holdings Bhd'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)
=0.265/131.7762*131.7762
=0.265

Current CPI (Mar. 2024) = 131.7762.

Fraser & Neave Holdings Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.212 100.560 0.278
201409 0.222 100.428 0.291
201412 0.121 99.070 0.161
201503 -0.002 99.621 -0.003
201506 0.309 100.684 0.404
201509 0.295 100.392 0.387
201512 0.201 99.792 0.265
201603 0.090 100.470 0.118
201606 0.272 101.688 0.352
201609 0.359 101.861 0.464
201612 -0.056 101.863 -0.072
201703 0.288 102.862 0.369
201706 -0.126 103.349 -0.161
201709 0.069 104.136 0.087
201712 0.258 104.011 0.327
201803 0.210 105.290 0.263
201806 0.119 106.317 0.147
201809 0.413 106.507 0.511
201812 0.252 105.998 0.313
201903 0.386 107.251 0.474
201906 0.077 108.070 0.094
201909 0.484 108.329 0.589
201912 -0.022 108.420 -0.027
202003 -0.091 108.902 -0.110
202006 -0.024 108.767 -0.029
202009 0.500 109.815 0.600
202012 0.529 109.897 0.634
202103 0.431 111.754 0.508
202106 0.328 114.631 0.377
202109 -0.009 115.734 -0.010
202112 0.002 117.630 0.002
202203 -0.299 121.301 -0.325
202206 0.097 125.017 0.102
202209 -0.053 125.227 -0.056
202212 0.806 125.222 0.848
202303 0.402 127.348 0.416
202306 0.733 128.729 0.750
202309 0.645 129.860 0.655
202312 0.371 129.419 0.378
202403 0.265 131.776 0.265

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.


Fraser & Neave Holdings Bhd  (XKLS:3689) 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.


Fraser & Neave Holdings Bhd Cyclically Adjusted Price-to-FCF Related Terms

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


Fraser & Neave Holdings Bhd (XKLS:3689) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Jalan Bukit Belimbing 26/38, Persiaran Kuala Selangor, Seksyen 26, Shah Alam, SGR, MYS, 40400
Fraser & Neave Holdings Bhd manufactures and sells canned milk, both condensed and evaporated, and other dairy products and soft drinks. The company manufactures its products in Malaysia and Thailand, and operates through four main segments: F&B Malaysia, F&B Thailand, Property and Others. F&B Malaysia and F&B Thailand manufacture both soft drinks and dairies. Fraser & Neave's core soft drink brands include 100PLUS, F&N Fun Flavours, F&N NutriSoy, F&N SEASONS, and F&N ICE MOUNTAIN. Its dairy brands include Carnation, Magnolia, Teapot, Farmhouse, Gold Coin, and F&N Fruit Tree. The company derives majority of its revenue from South East Asia.

Fraser & Neave Holdings Bhd (XKLS:3689) Headlines

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