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Swire Pacific (Swire Pacific) Cyclically Adjusted Price-to-FCF : 7.85 (As of May. 15, 2024)


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What is Swire Pacific Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Swire Pacific's current share price is $6.99. Swire Pacific's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $0.89. Swire Pacific's Cyclically Adjusted Price-to-FCF for today is 7.85.

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

SWRBY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.46   Med: 17.53   Max: 41.18
Current: 6.87

During the past 13 years, Swire Pacific's highest Cyclically Adjusted Price-to-FCF was 41.18. The lowest was 3.46. And the median was 17.53.

SWRBY's Cyclically Adjusted Price-to-FCF is ranked better than
80.86% of 209 companies
in the Conglomerates industry
Industry Median: 18.37 vs SWRBY: 6.87

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.

Swire Pacific's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $0.560. 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 $0.89 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Swire Pacific Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Swire Pacific'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.

Swire Pacific Cyclically Adjusted Price-to-FCF Chart

Swire Pacific 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 7.09 4.39 4.43 6.77 6.59

Swire Pacific Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 4.43 - 6.77 - 6.59

Competitive Comparison of Swire Pacific's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, Swire Pacific'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.


Swire Pacific's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Swire Pacific's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Swire Pacific's Cyclically Adjusted Price-to-FCF falls into.



Swire Pacific 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.

Swire Pacific's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.99/0.89
=7.85

* 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.

Swire Pacific's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Swire Pacific's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.56/117.2957*117.2957
=0.560

Current CPI (Dec23) = 117.2957.

Swire Pacific Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 3.536 99.707 4.160
201512 3.286 102.015 3.778
201612 4.102 103.225 4.661
201712 4.989 104.984 5.574
201812 39.583 107.622 43.141
201912 0.514 110.700 0.545
202012 0.727 109.711 0.777
202112 0.636 112.349 0.664
202212 0.406 114.548 0.416
202312 0.560 117.296 0.560

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.


Swire Pacific  (OTCPK:SWRBY) 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.


Swire Pacific Cyclically Adjusted Price-to-FCF Related Terms

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


Swire Pacific (Swire Pacific) Business Description

Industry
Address
88 Queensway, GPO Box 1, 33rd Floor, One Pacific Place, Hong Kong, HKG
Swire Pacific is a Hong Kong-based conglomerate with interests in property, aviation, beverage, trading, and industrials. The property division, an 82% stake in Swire Properties, contributes more than half of the group's operating profit. The beverage division is one of two Coca-Cola bottlers in mainland China and also a bottler in Hong Kong, Taiwan, Vietnam, and Cambodia. The aviation division consists of Haeco, an aircraft engineering company, and a 45% stake in Cathay Pacific. As of end June 2023, John Swire & Sons, the parent company, holds a 60% stake in Swire Pacific but has 68% of the voting rights through a dual-class share structure.

Swire Pacific (Swire Pacific) Headlines

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