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Hengyuan Refining Co Bhd (XKLS:4324) Cyclically Adjusted Price-to-FCF : 2.95 (As of Jun. 06, 2025)


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What is Hengyuan Refining Co Bhd Cyclically Adjusted Price-to-FCF?

As of today (2025-06-06), Hengyuan Refining Co Bhd's current share price is RM1.68. Hengyuan Refining Co Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was RM0.57. Hengyuan Refining Co Bhd's Cyclically Adjusted Price-to-FCF for today is 2.95.

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

XKLS:4324' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.65   Med: 8.77   Max: 113
Current: 2.84

During the past years, Hengyuan Refining Co Bhd's highest Cyclically Adjusted Price-to-FCF was 113.00. The lowest was 2.65. And the median was 8.77.

XKLS:4324's Cyclically Adjusted Price-to-FCF is ranked better than
86.88% of 404 companies
in the Oil & Gas industry
Industry Median: 12.75 vs XKLS:4324: 2.84

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.

Hengyuan Refining Co Bhd's adjusted free cash flow per share data for the three months ended in Mar. 2025 was RM-1.266. 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 RM0.57 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hengyuan Refining Co Bhd Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hengyuan Refining Co 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.

Hengyuan Refining Co Bhd Cyclically Adjusted Price-to-FCF Chart

Hengyuan Refining Co Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.31 13.36 6.76 4.89 3.42

Hengyuan Refining Co Bhd Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 6.25 5.54 4.80 3.42 3.07

Competitive Comparison of Hengyuan Refining Co Bhd's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Refining & Marketing subindustry, Hengyuan Refining Co 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.


Hengyuan Refining Co Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hengyuan Refining Co Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Hengyuan Refining Co 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.

Hengyuan Refining Co Bhd's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.68/0.57
=2.95

* 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.

Hengyuan Refining Co Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Hengyuan Refining Co Bhd's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-1.266/134.9266*134.9266
=-1.266

Current CPI (Mar. 2025) = 134.9266.

Hengyuan Refining Co Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 1.392 100.684 1.865
201509 2.166 100.392 2.911
201512 -0.864 99.792 -1.168
201603 0.074 100.470 0.099
201606 0.826 101.688 1.096
201609 -1.293 101.861 -1.713
201612 0.284 101.863 0.376
201703 -0.038 102.862 -0.050
201706 1.661 103.349 2.169
201709 0.606 104.136 0.785
201712 -1.071 104.011 -1.389
201803 -0.163 105.290 -0.209
201806 0.056 106.317 0.071
201809 4.184 106.507 5.300
201812 -4.600 105.998 -5.855
201903 0.646 107.251 0.813
201906 -1.873 108.070 -2.338
201909 0.693 108.329 0.863
201912 3.011 108.420 3.747
202003 -2.383 108.902 -2.952
202006 0.715 108.767 0.887
202009 0.474 109.815 0.582
202012 1.944 109.897 2.387
202103 -0.895 111.754 -1.081
202106 -1.103 114.631 -1.298
202109 -0.264 115.734 -0.308
202112 2.399 117.630 2.752
202203 -1.655 121.301 -1.841
202206 -1.143 125.017 -1.234
202209 1.711 125.227 1.844
202212 0.641 125.222 0.691
202303 -3.149 127.348 -3.336
202306 1.911 128.729 2.003
202309 -1.972 129.860 -2.049
202312 2.311 129.419 2.409
202403 -1.486 131.776 -1.522
202406 -0.230 132.554 -0.234
202409 -0.078 133.029 -0.079
202412 1.913 133.157 1.938
202503 -1.266 134.927 -1.266

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.


Hengyuan Refining Co Bhd  (XKLS:4324) 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.


Hengyuan Refining Co Bhd Cyclically Adjusted Price-to-FCF Related Terms

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


Hengyuan Refining Co Bhd Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan Pantai, Batu 1, Port Dickson, NSN, MYS, 71000
Hengyuan Refining Co Bhd is engaged in the refining and manufacturing of petroleum products in Malaysia. The company's operating units in its refinery consist of two crude distillers, a long residue catalytic cracker, two naptha treaters and a merox plant, one kerosene Merox plant, one platformer, two hydro-processing units, a Hydrogen Manufacturing Unit (HMU) and a sulphur recovery unit. Its product portfolio consists of liquefied petroleum gas (LPG), gasoline, diesel, aviation fuel, fuel oil components, and chemical feedstocks like light naphtha and propylene.

Hengyuan Refining Co Bhd Headlines

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