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DKSH Holding (XSWX:DKSH) Cyclically Adjusted Price-to-FCF : 16.60 (As of Apr. 28, 2024)


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What is DKSH Holding Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), DKSH Holding's current share price is CHF59.60. DKSH Holding's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was CHF3.59. DKSH Holding's Cyclically Adjusted Price-to-FCF for today is 16.60.

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

XSWX:DKSH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.77   Med: 22.92   Max: 28.69
Current: 16.6

During the past 13 years, DKSH Holding's highest Cyclically Adjusted Price-to-FCF was 28.69. The lowest was 15.77. And the median was 22.92.

XSWX:DKSH's Cyclically Adjusted Price-to-FCF is ranked better than
50.56% of 356 companies
in the Business Services industry
Industry Median: 17.405 vs XSWX:DKSH: 16.60

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.

DKSH Holding's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was CHF5.240. 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 CHF3.59 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


DKSH Holding Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for DKSH Holding'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.

DKSH Holding Cyclically Adjusted Price-to-FCF Chart

DKSH Holding 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 19.18 24.93 24.34 21.14 16.26

DKSH Holding 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 24.34 - 21.14 - 16.26

Competitive Comparison of DKSH Holding's Cyclically Adjusted Price-to-FCF

For the Consulting Services subindustry, DKSH Holding'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.


DKSH Holding's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, DKSH Holding's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



DKSH Holding 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.

DKSH Holding's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=59.60/3.59
=16.60

* 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.

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

For example, DKSH Holding'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)
=5.24/106.4611*106.4611
=5.240

Current CPI (Dec23) = 106.4611.

DKSH Holding Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 2.904 100.704 3.070
201512 2.932 99.386 3.141
201612 1.979 99.380 2.120
201712 2.143 100.213 2.277
201812 2.160 100.906 2.279
201912 3.720 101.063 3.919
202012 4.448 100.241 4.724
202112 5.195 101.776 5.434
202212 3.641 104.666 3.703
202312 5.240 106.461 5.240

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.


DKSH Holding  (XSWX:DKSH) 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.


DKSH Holding Cyclically Adjusted Price-to-FCF Related Terms

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


DKSH Holding (XSWX:DKSH) Business Description

Industry
Traded in Other Exchanges
Address
Wiesenstrasse 8, P.O. Box 888, Zurich, CHE, 8034
DKSH Holding Ltd offers market expansion services in Asia. The company's services include sourcing, marketing, sales, distribution, and after-sales service. DKSH operates in four business segments: Consumer goods, Healthcare, Performance Materials, and Technology. The maximum segment by revenue, Healthcare, specializes in expansion services such as product registration, marketing, distribution, and sales for pharmaceuticals, consumer health, and over-the-counter health products as well as medical devices.

DKSH Holding (XSWX:DKSH) Headlines

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