GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » White Horse Bhd (XKLS:5009) » Definitions » Cyclically Adjusted Price-to-FCF

White Horse Bhd (XKLS:5009) Cyclically Adjusted Price-to-FCF : 9.19 (As of Jun. 21, 2024)


View and export this data going back to 1999. Start your Free Trial

What is White Horse Bhd Cyclically Adjusted Price-to-FCF?

As of today (2024-06-21), White Horse Bhd's current share price is RM0.735. White Horse Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was RM0.08. White Horse Bhd's Cyclically Adjusted Price-to-FCF for today is 9.19.

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

XKLS:5009' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.97   Med: 4.64   Max: 10.19
Current: 8.68

During the past years, White Horse Bhd's highest Cyclically Adjusted Price-to-FCF was 10.19. The lowest was 3.97. And the median was 4.64.

XKLS:5009's Cyclically Adjusted Price-to-FCF is ranked better than
72.41% of 203 companies
in the Building Materials industry
Industry Median: 15.77 vs XKLS:5009: 8.68

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.

White Horse Bhd's adjusted free cash flow per share data for the three months ended in Mar. 2024 was RM-0.037. 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 RM0.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


White Horse Bhd Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for White Horse 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.

White Horse Bhd Cyclically Adjusted Price-to-FCF Chart

White Horse 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 - 4.86 4.55 5.03 6.45

White Horse 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 4.71 4.74 5.59 6.45 9.74

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

For the Building Materials subindustry, White Horse 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.


White Horse Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, White Horse Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



White Horse 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.735/0.08
=9.19

* 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.

White Horse Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, White Horse 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)
=-0.037/131.7762*131.7762
=-0.037

Current CPI (Mar. 2024) = 131.7762.

White Horse Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.013 100.560 -0.017
201409 -0.064 100.428 -0.084
201412 -0.055 99.070 -0.073
201503 0.021 99.621 0.028
201506 0.121 100.684 0.158
201509 0.033 100.392 0.043
201512 0.051 99.792 0.067
201603 0.090 100.470 0.118
201606 0.037 101.688 0.048
201609 0.042 101.861 0.054
201612 0.007 101.863 0.009
201703 0.002 102.862 0.003
201706 0.045 103.349 0.057
201709 0.017 104.136 0.022
201712 -0.092 104.011 -0.117
201803 0.028 105.290 0.035
201806 0.015 106.317 0.019
201809 0.001 106.507 0.001
201812 0.029 105.998 0.036
201903 -0.103 107.251 -0.127
201906 0.009 108.070 0.011
201909 0.091 108.329 0.111
201912 0.217 108.420 0.264
202003 0.004 108.902 0.005
202006 0.101 108.767 0.122
202009 0.068 109.815 0.082
202012 0.099 109.897 0.119
202103 0.090 111.754 0.106
202106 0.087 114.631 0.100
202109 -0.002 115.734 -0.002
202112 -0.143 117.630 -0.160
202203 -0.070 121.301 -0.076
202206 -0.078 125.017 -0.082
202209 -0.083 125.227 -0.087
202212 -0.042 125.222 -0.044
202303 0.035 127.348 0.036
202306 0.081 128.729 0.083
202309 -0.022 129.860 -0.022
202312 0.033 129.419 0.034
202403 -0.037 131.776 -0.037

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.


White Horse Bhd  (XKLS:5009) 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.


White Horse Bhd Cyclically Adjusted Price-to-FCF Related Terms

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


White Horse Bhd (XKLS:5009) Business Description

Traded in Other Exchanges
N/A
Address
Pasir Gudang Industrial Estate, PLO 464, Jalan Gangsa, Pasir Gudang, JHR, MYS, 81700
White Horse Bhd. is an investment holding company, which is engaged in the manufacturing of ceramic wall, floor tiles and the provision of management services. Its segments include Malaysia, Vietnam, and Others. The Malaysia segment includes the manufacturing and distribution of ceramic homogenous tiles in Malaysia. The Vietnam segment includes the manufacturing and distribution of ceramic homogenous tiles in Vietnam. The other segments include the distribution of ceramic homogenous tiles in Indonesia, the Philippine, Singapore, and Thailand, and China. The product portfolio of the group consists of ceramic wall tiles, ceramic floor tiles, and porcelain tiles. It generates the majority of revenue from the Malaysian segment.

White Horse Bhd (XKLS:5009) Headlines

No Headlines