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Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Cyclically Adjusted Price-to-FCF : 20.65 (As of May. 15, 2024)


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What is Harrisons Holdings (Malaysia) Bhd Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Harrisons Holdings (Malaysia) Bhd's current share price is RM9.50. Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was RM0.46. Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted Price-to-FCF for today is 20.65.

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

XKLS:5008' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.46   Med: 17.95   Max: 26.44
Current: 20.44

During the past years, Harrisons Holdings (Malaysia) Bhd's highest Cyclically Adjusted Price-to-FCF was 26.44. The lowest was 13.46. And the median was 17.95.

XKLS:5008's Cyclically Adjusted Price-to-FCF is ranked better than
52.5% of 80 companies
in the Industrial Distribution industry
Industry Median: 26.295 vs XKLS:5008: 20.44

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.

Harrisons Holdings (Malaysia) Bhd's adjusted free cash flow per share data for the three months ended in Dec. 2023 was RM-0.238. 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 RM0.46 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Harrisons Holdings (Malaysia) Bhd Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Harrisons Holdings (Malaysia) 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.

Harrisons Holdings (Malaysia) Bhd Cyclically Adjusted Price-to-FCF Chart

Harrisons Holdings (Malaysia) 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 - - 14.52 19.45 18.64

Harrisons Holdings (Malaysia) 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 19.45 21.31 21.20 18.02 18.64

Competitive Comparison of Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted Price-to-FCF

For the Industrial Distribution subindustry, Harrisons Holdings (Malaysia) 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.


Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted Price-to-FCF falls into.



Harrisons Holdings (Malaysia) 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.

Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.50/0.46
=20.65

* 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.

Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Harrisons Holdings (Malaysia) 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)
=-0.238/129.4194*129.4194
=-0.238

Current CPI (Dec. 2023) = 129.4194.

Harrisons Holdings (Malaysia) Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.523 99.695 0.679
201406 -1.005 100.560 -1.293
201409 0.146 100.428 0.188
201412 -0.023 99.070 -0.030
201503 0.040 99.621 0.052
201506 -0.239 100.684 -0.307
201509 0.400 100.392 0.516
201512 -0.190 99.792 -0.246
201603 -0.060 100.470 -0.077
201606 0.369 101.688 0.470
201609 0.293 101.861 0.372
201612 -0.123 101.863 -0.156
201703 -0.606 102.862 -0.762
201706 -0.136 103.349 -0.170
201709 0.179 104.136 0.222
201712 -0.081 104.011 -0.101
201803 0.159 105.290 0.195
201806 0.407 106.317 0.495
201809 -0.219 106.507 -0.266
201812 -0.371 105.998 -0.453
201903 0.293 107.251 0.354
201906 0.190 108.070 0.228
201909 0.583 108.329 0.697
201912 0.354 108.420 0.423
202003 0.290 108.902 0.345
202006 0.657 108.767 0.782
202009 0.938 109.815 1.105
202012 -0.431 109.897 -0.508
202103 0.621 111.754 0.719
202106 0.256 114.631 0.289
202109 0.579 115.734 0.647
202112 0.013 117.630 0.014
202203 -0.016 121.301 -0.017
202206 0.095 125.017 0.098
202209 -0.550 125.227 -0.568
202212 0.100 125.222 0.103
202303 0.731 127.348 0.743
202306 0.044 128.729 0.044
202309 0.037 129.860 0.037
202312 -0.238 129.419 -0.238

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.


Harrisons Holdings (Malaysia) Bhd  (XKLS:5008) 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.


Harrisons Holdings (Malaysia) Bhd Cyclically Adjusted Price-to-FCF Related Terms

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Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Business Description

Traded in Other Exchanges
N/A
Address
10, Jalan Raja Laut, Unit 9A, 9th Floor, Wisma Bumi Raya, Wisma Bumi Raya, Kuala Lumpur, MYS, 50350
Harrisons Holdings (Malaysia) Bhd is a sale, marketing, warehousing, distribution, and services organization in Malaysia. It has three reporting business segments: Trading and distribution; Retail; and Shipping and others. The Trading and distribution segment operations generate majority revenue for the company which comprises trading and distribution of consumer products, building materials, industrial and agricultural chemical products, and liquor products. It has a business presence in Sabah, Sarawak, Peninsular Malaysia and Singapore.

Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Headlines

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