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Solid Automotive Bhd (XKLS:5242) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Solid Automotive Bhd Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Solid Automotive Bhd Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Solid Automotive 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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Solid Automotive Bhd Cyclically Adjusted Price-to-FCF Chart

Solid Automotive Bhd Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Price-to-FCF
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Solid Automotive Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Solid Automotive Bhd's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Solid Automotive 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.


Solid Automotive Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Solid Automotive Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Solid Automotive 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.

Solid Automotive Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Solid Automotive Bhd's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.018/130.1244*130.1244
=0.018

Current CPI (Jan. 2024) = 130.1244.

Solid Automotive Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.009 100.023 0.012
201407 -0.009 100.520 -0.012
201410 -0.008 100.176 -0.010
201501 -0.021 98.604 -0.028
201504 0.033 99.824 0.043
201507 -0.003 100.691 -0.004
201510 0.010 100.346 0.013
201601 -0.002 99.957 -0.003
201604 0.006 100.947 0.008
201607 -0.005 101.524 -0.006
201610 -0.007 101.988 -0.009
201701 -0.006 102.456 -0.008
201704 0.000 103.167 0.000
201707 -0.011 103.278 -0.014
201710 0.001 104.070 0.001
201801 -0.018 104.578 -0.022
201804 0.013 105.708 0.016
201807 -0.010 106.324 -0.012
201810 -0.011 106.695 -0.013
201901 -0.014 106.200 -0.017
201904 0.011 107.818 0.013
201907 -0.010 108.250 -0.012
201910 0.003 108.577 0.004
202001 -0.014 108.841 -0.017
202004 0.015 108.173 0.018
202007 0.022 109.318 0.026
202010 0.004 109.861 0.005
202101 -0.002 110.364 -0.002
202104 0.029 112.673 0.033
202107 0.004 115.183 0.005
202110 -0.015 116.696 -0.017
202201 -0.004 118.619 -0.004
202204 -0.006 121.978 -0.006
202207 0.005 125.002 0.005
202210 -0.014 125.734 -0.014
202301 -0.032 126.223 -0.033
202304 0.024 127.992 0.024
202307 0.018 128.974 0.018
202310 0.012 129.810 0.012
202401 0.018 130.124 0.018

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.


Solid Automotive Bhd  (XKLS:5242) 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.


Solid Automotive Bhd Cyclically Adjusted Price-to-FCF Related Terms

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Solid Automotive Bhd (XKLS:5242) Business Description

Traded in Other Exchanges
N/A
Address
PLO 436, Jalan Gangsa, Kawasan Perindustrian Pasir Gudang, Pasir Gudang, JHR, MYS, 81700
Solid Automotive Bhd is engaged in the business of investment holding and the provision of management services. The company's operating segment includes Automotive electrical parts; Automotive engine and mechanical parts and Others. It generates maximum revenue from the Automotive electrical parts segment. Automotive electrical parts segment is involved in the trading and distribution of automotive batteries, lubricants, industrial supplies, electrical parts, and components. Geographically, it derives a majority of revenue from Malaysia and also has a presence in the Middle East and Africa and Other Countries.

Solid Automotive Bhd (XKLS:5242) Headlines

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