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HK Electric Investments and HK Electric Investments (HKSE:02638) Price-to-Free-Cash-Flow : 10.19 (As of Apr. 28, 2024)


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What is HK Electric Investments and HK Electric Investments Price-to-Free-Cash-Flow?

As of today (2024-04-28), HK Electric Investments and HK Electric Investments's share price is HK$4.73. HK Electric Investments and HK Electric Investments's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.46. Hence, HK Electric Investments and HK Electric Investments's Price-to-Free-Cash-Flow Ratio for today is 10.19.

The historical rank and industry rank for HK Electric Investments and HK Electric Investments's Price-to-Free-Cash-Flow or its related term are showing as below:

HKSE:02638' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 8.36   Med: 20.57   Max: 53.27
Current: 10.19

During the past 11 years, HK Electric Investments and HK Electric Investments's highest Price-to-Free-Cash-Flow Ratio was 53.27. The lowest was 8.36. And the median was 20.57.

HKSE:02638's Price-to-Free-Cash-Flow is ranked better than
51.45% of 311 companies
in the Utilities - Regulated industry
Industry Median: 11.28 vs HKSE:02638: 10.19

HK Electric Investments and HK Electric Investments's Free Cash Flow per Share for the six months ended in Dec. 2023 was HK$0.37. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was HK$0.46.

During the past 3 years, the average Free Cash Flow per Share Growth Rate was 45.70% per year.

During the past 11 years, HK Electric Investments and HK Electric Investments's highest 3-Year average Free Cash Flow per Share Growth Rate was 45.70% per year. The lowest was -34.80% per year. And the median was -16.20% per year.


HK Electric Investments and HK Electric Investments Price-to-Free-Cash-Flow Historical Data

The historical data trend for HK Electric Investments and HK Electric Investments's Price-to-Free-Cash-Flow 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.

HK Electric Investments and HK Electric Investments Price-to-Free-Cash-Flow Chart

HK Electric Investments and HK Electric Investments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.41 51.00 42.74 - 10.15

HK Electric Investments and HK Electric Investments Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Free-Cash-Flow 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 42.74 - - - 10.15

Competitive Comparison of HK Electric Investments and HK Electric Investments's Price-to-Free-Cash-Flow

For the Utilities - Regulated Electric subindustry, HK Electric Investments and HK Electric Investments's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


HK Electric Investments and HK Electric Investments's Price-to-Free-Cash-Flow Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, HK Electric Investments and HK Electric Investments's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where HK Electric Investments and HK Electric Investments's Price-to-Free-Cash-Flow falls into.



HK Electric Investments and HK Electric Investments Price-to-Free-Cash-Flow Calculation

HK Electric Investments and HK Electric Investments's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=4.73/0.464
=10.19

HK Electric Investments and HK Electric Investments's Share Price of today is HK$4.73.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. HK Electric Investments and HK Electric Investments's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.46.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

HK Electric Investments and HK Electric Investments  (HKSE:02638) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


HK Electric Investments and HK Electric Investments Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of HK Electric Investments and HK Electric Investments's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


HK Electric Investments and HK Electric Investments (HKSE:02638) Business Description

Traded in Other Exchanges
Address
44 Kennedy Road, Hong Kong Electric Centre, Hong Kong, HKG
HK ELECTRIC INVESTMENTS LIMITED is a fixed single investment trust in Hong Kong with a focus on the power industry. The Company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. Its principal operating subsidiary is The Hongkong Electric Company, Limited (HEC). HEC's sole power generation facility is the Lamma Power Station which has an aggregate installed capacity of approximately 3,700 megawatt (MW). The Company provides electricity to approximately 568,000 registered customers on Hong Kong Island and Lamma Island.

HK Electric Investments and HK Electric Investments (HKSE:02638) Headlines

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