GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Mieco Chipboard Bhd (XKLS:5001) » Definitions » Cyclically Adjusted Price-to-FCF

Mieco Chipboard Bhd (XKLS:5001) Cyclically Adjusted Price-to-FCF : 32.50 (As of May. 19, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Mieco Chipboard Bhd Cyclically Adjusted Price-to-FCF?

As of today (2024-05-19), Mieco Chipboard Bhd's current share price is RM0.65. Mieco Chipboard Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was RM0.02. Mieco Chipboard Bhd's Cyclically Adjusted Price-to-FCF for today is 32.50.

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

XKLS:5001' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.67   Med: 21.17   Max: 34.12
Current: 34.12

During the past years, Mieco Chipboard Bhd's highest Cyclically Adjusted Price-to-FCF was 34.12. The lowest was 13.67. And the median was 21.17.

XKLS:5001's Cyclically Adjusted Price-to-FCF is ranked worse than
77.34% of 128 companies
in the Forest Products industry
Industry Median: 16.98 vs XKLS:5001: 34.12

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.

Mieco Chipboard Bhd's adjusted free cash flow per share data for the three months ended in Dec. 2023 was RM-0.007. 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 RM0.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mieco Chipboard Bhd Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mieco Chipboard 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.

Mieco Chipboard Bhd Cyclically Adjusted Price-to-FCF Chart

Mieco Chipboard Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 21.61 24.57 34.12

Mieco Chipboard 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 24.57 23.08 28.24 31.55 34.12

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

For the Lumber & Wood Production subindustry, Mieco Chipboard 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.


Mieco Chipboard Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Mieco Chipboard Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Mieco Chipboard 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.65/0.02
=32.50

* 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.

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

For example, Mieco Chipboard 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)
=-0.007/129.4194*129.4194
=-0.007

Current CPI (Dec. 2023) = 129.4194.

Mieco Chipboard Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.002 99.695 0.003
201406 0.005 100.560 0.006
201409 0.011 100.428 0.014
201412 -0.005 99.070 -0.007
201503 0.008 99.621 0.010
201506 0.014 100.684 0.018
201509 0.012 100.392 0.015
201512 0.004 99.792 0.005
201603 0.004 100.470 0.005
201606 -0.022 101.688 -0.028
201609 0.006 101.861 0.008
201612 0.052 101.863 0.066
201703 0.001 102.862 0.001
201706 -0.009 103.349 -0.011
201709 -0.002 104.136 -0.002
201712 -0.025 104.011 -0.031
201803 -0.005 105.290 -0.006
201806 0.020 106.317 0.024
201809 0.014 106.507 0.017
201812 0.013 105.998 0.016
201903 -0.006 107.251 -0.007
201906 0.006 108.070 0.007
201909 0.015 108.329 0.018
201912 0.000 108.420 0.000
202003 0.030 108.902 0.036
202006 -0.015 108.767 -0.018
202009 0.026 109.815 0.031
202012 -0.001 109.897 -0.001
202103 0.012 111.754 0.014
202106 0.021 114.631 0.024
202109 -0.014 115.734 -0.016
202112 -0.003 117.630 -0.003
202203 0.008 121.301 0.009
202206 -0.001 125.017 -0.001
202209 -0.004 125.227 -0.004
202212 0.018 125.222 0.019
202303 0.010 127.348 0.010
202306 -0.046 128.729 -0.046
202309 -0.001 129.860 -0.001
202312 -0.007 129.419 -0.007

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.


Mieco Chipboard Bhd  (XKLS:5001) 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.


Mieco Chipboard Bhd Cyclically Adjusted Price-to-FCF Related Terms

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


Mieco Chipboard Bhd (XKLS:5001) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Indah 2/6, No. 1, Block C, Taman Indah, Batu 11, Cheras, SGR, MYS, 43200
Mieco Chipboard Bhd is an investment holding company. It is also engaged in the provision of management services. The core business includes the manufacturing and distribution of particle boards also known as chipboards, with the primary focus on plain boards and melamine-faced boards. In addition, its other operation comprises investment holding. Its product includes mieco plain board and mieco decorative melamine-faced chipboard. These products are commonly used as core materials for home and office furniture. Geographically company operates across Malaysia, Hong Kong, and China.

Mieco Chipboard Bhd (XKLS:5001) Headlines

No Headlines