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Far East Knitting & Dyeing Industries (DHA:FEKDIL) Cyclically Adjusted Price-to-FCF : 24.51 (As of Apr. 29, 2024)


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What is Far East Knitting & Dyeing Industries Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Far East Knitting & Dyeing Industries's current share price is BDT12.50. Far East Knitting & Dyeing Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was BDT0.51. Far East Knitting & Dyeing Industries's Cyclically Adjusted Price-to-FCF for today is 24.51.

The historical rank and industry rank for Far East Knitting & Dyeing Industries's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

DHA:FEKDIL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 24.51   Med: 33.73   Max: 44.62
Current: 24.54

During the past years, Far East Knitting & Dyeing Industries's highest Cyclically Adjusted Price-to-FCF was 44.62. The lowest was 24.51. And the median was 33.73.

DHA:FEKDIL's Cyclically Adjusted Price-to-FCF is ranked worse than
58.68% of 363 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.13 vs DHA:FEKDIL: 24.54

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.

Far East Knitting & Dyeing Industries's adjusted free cash flow per share data for the three months ended in Dec. 2023 was BDT0.471. 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 BDT0.51 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Far East Knitting & Dyeing Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Far East Knitting & Dyeing Industries'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.

Far East Knitting & Dyeing Industries Cyclically Adjusted Price-to-FCF Chart

Far East Knitting & Dyeing Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Far East Knitting & Dyeing Industries 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 - - - 44.39 33.77

Competitive Comparison of Far East Knitting & Dyeing Industries's Cyclically Adjusted Price-to-FCF

For the Apparel Manufacturing subindustry, Far East Knitting & Dyeing Industries'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.


Far East Knitting & Dyeing Industries's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Far East Knitting & Dyeing Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Far East Knitting & Dyeing Industries's Cyclically Adjusted Price-to-FCF falls into.



Far East Knitting & Dyeing Industries 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.

Far East Knitting & Dyeing Industries's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.50/0.51
=24.51

* 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.

Far East Knitting & Dyeing Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Far East Knitting & Dyeing Industries'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)
=0.471/129.4194*129.4194
=0.471

Current CPI (Dec. 2023) = 129.4194.

Far East Knitting & Dyeing Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.818 99.695 1.062
201406 0.207 100.560 0.266
201409 -0.811 100.428 -1.045
201412 -0.179 99.070 -0.234
201503 0.174 99.621 0.226
201506 1.246 100.684 1.602
201509 -0.524 100.392 -0.676
201512 -0.867 99.792 -1.124
201603 -0.351 100.470 -0.452
201606 0.617 101.688 0.785
201609 -0.745 101.861 -0.947
201612 0.493 101.863 0.626
201703 -0.213 102.862 -0.268
201706 0.384 103.349 0.481
201709 -0.651 104.136 -0.809
201712 0.551 104.011 0.686
201803 -0.334 105.290 -0.411
201806 0.224 106.317 0.273
201809 0.561 106.507 0.682
201812 0.107 105.998 0.131
201903 0.094 107.251 0.113
201906 -1.858 108.070 -2.225
201909 -0.386 108.329 -0.461
201912 -1.251 108.420 -1.493
202003 1.540 108.902 1.830
202006 0.370 108.767 0.440
202009 0.141 109.815 0.166
202012 -0.432 109.897 -0.509
202103 -1.442 111.754 -1.670
202106 2.387 114.631 2.695
202109 0.469 115.734 0.524
202112 0.883 117.630 0.972
202203 -2.603 121.301 -2.777
202206 2.305 125.017 2.386
202209 2.057 125.227 2.126
202212 -1.434 125.222 -1.482
202303 0.066 127.348 0.067
202306 -0.077 128.729 -0.077
202309 3.154 129.860 3.143
202312 0.471 129.419 0.471

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.


Far East Knitting & Dyeing Industries  (DHA:FEKDIL) 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.


Far East Knitting & Dyeing Industries Cyclically Adjusted Price-to-FCF Related Terms

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Far East Knitting & Dyeing Industries (DHA:FEKDIL) Business Description

Traded in Other Exchanges
N/A
Address
Moyeen Centre, House No. 9/B, Road No.3, Gulshan-1, Dhaka, BGD, 1212
Far East Knitting & Dyeing Industries Ltd operates a readymade composite knit garments industrial unit of international standard to carry on the business of knitting, dyeing, designing, manufacturing & marketing of readymade garments to deal in foreign markets. The company operates in three segments Garmenting, Fabrics, and Dyeing.

Far East Knitting & Dyeing Industries (DHA:FEKDIL) Headlines

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