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AYS Ventures Bhd (XKLS:5021) Cyclically Adjusted Price-to-FCF : (As of Sep. 21, 2024)


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What is AYS Ventures Bhd Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


AYS Ventures Bhd Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AYS Ventures 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.

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AYS Ventures Bhd Cyclically Adjusted Price-to-FCF Chart

AYS Ventures Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
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AYS Ventures Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of AYS Ventures Bhd's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, AYS Ventures 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.


AYS Ventures Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

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



AYS Ventures 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.

AYS Ventures Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, AYS Ventures Bhd's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.061/132.5538*132.5538
=-0.061

Current CPI (Jun. 2024) = 132.5538.

AYS Ventures Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.009 100.428 0.012
201412 -0.066 99.070 -0.088
201503 0.018 99.621 0.024
201506 -0.003 100.684 -0.004
201509 0.033 100.392 0.044
201512 0.089 99.792 0.118
201603 0.046 100.470 0.061
201606 0.045 101.688 0.059
201609 0.069 101.861 0.090
201612 0.005 101.863 0.007
201703 0.017 102.862 0.022
201706 -0.077 103.349 -0.099
201709 -0.011 104.136 -0.014
201712 -0.013 104.011 -0.017
201803 -0.023 105.290 -0.029
201806 -0.045 106.317 -0.056
201809 -0.092 106.507 -0.114
201812 -0.043 105.998 -0.054
201903 -0.081 107.251 -0.100
201906 -0.098 108.070 -0.120
201909 0.008 108.329 0.010
201912 0.042 108.420 0.051
202003 0.027 108.902 0.033
202006 -0.043 108.767 -0.052
202009 0.045 109.815 0.054
202012 0.057 109.897 0.069
202103 0.060 111.754 0.071
202106 -0.007 114.631 -0.008
202109 -0.054 115.734 -0.062
202112 -0.126 117.630 -0.142
202203 -0.201 121.301 -0.220
202206 -0.044 125.017 -0.047
202209 -0.017 125.227 -0.018
202212 0.003 125.222 0.003
202303 0.069 127.348 0.072
202306 0.016 128.729 0.016
202309 -0.075 129.860 -0.077
202312 0.062 129.419 0.064
202403 0.008 131.776 0.008
202406 -0.061 132.554 -0.061

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.


AYS Ventures Bhd  (XKLS:5021) 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.


AYS Ventures Bhd Cyclically Adjusted Price-to-FCF Related Terms

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


AYS Ventures Bhd Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan Haji Abdul Manan, Lot 6488, Darul Ehsan, Klang, SGR, MYS, 42100
AYS Ventures Bhd is an investment holding principally involved in the trading and manufacturing of steel, construction, and related products. The company is organized into three segments namely trading and services where the trading division trades and markets a diverse range of steel products, warehousing, and storage services, and construction materials; the manufacturing division which involves the manufacturing and trading of panels and components for sectional tanks, purlin, structural steel components, and other steel products and others segment includes investment holding and dormant. The products of the company serve customers in the construction, engineering for heavy steel industries, fabrication, oil and gas, power plant, and shipbuilding sectors.

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