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Ken Holding Co (SZSE:300126) Cyclically Adjusted FCF per Share : ¥0.03 (As of Mar. 2024)


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What is Ken Holding Co Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Ken Holding Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.160. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ¥0.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ken Holding Co's average Cyclically Adjusted FCF Growth Rate was -25.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 26.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -3.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Ken Holding Co was 26.00% per year. The lowest was -30.70% per year. And the median was 10.10% per year.

As of today (2024-06-02), Ken Holding Co's current stock price is ¥5.10. Ken Holding Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.03. Ken Holding Co's Cyclically Adjusted Price-to-FCF of today is 170.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ken Holding Co was 805.00. The lowest was 100.75. And the median was 199.79.


Ken Holding Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ken Holding Co's Cyclically Adjusted FCF per Share 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.

Ken Holding Co Cyclically Adjusted FCF per Share Chart

Ken Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.02 0.04 0.01 0.04

Ken Holding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 0.04 0.02 0.04 0.04 0.03

Competitive Comparison of Ken Holding Co's Cyclically Adjusted FCF per Share

For the Tools & Accessories subindustry, Ken Holding Co'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.


Ken Holding Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ken Holding Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ken Holding Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Ken Holding Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.16/115.2271*115.2271
=-0.160

Current CPI (Mar. 2024) = 115.2271.

Ken Holding Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.021 98.200 -0.025
201409 -0.141 98.900 -0.164
201412 0.135 99.000 0.157
201503 -0.356 99.900 -0.411
201506 -0.038 99.500 -0.044
201509 -0.004 100.500 -0.005
201512 0.228 100.600 0.261
201603 -0.028 102.200 -0.032
201606 -0.083 101.400 -0.094
201609 0.106 102.400 0.119
201612 0.198 102.600 0.222
201703 -0.020 103.200 -0.022
201706 0.133 103.100 0.149
201709 0.004 104.100 0.004
201712 0.049 104.500 0.054
201803 0.102 105.300 0.112
201806 0.096 104.900 0.105
201809 -0.131 106.600 -0.142
201812 0.159 106.500 0.172
201903 0.033 107.700 0.035
201906 -0.063 107.700 -0.067
201909 0.027 109.800 0.028
201912 0.079 111.200 0.082
202003 -0.097 112.300 -0.100
202006 -0.013 110.400 -0.014
202009 0.070 111.700 0.072
202012 0.073 111.500 0.075
202103 -0.103 112.662 -0.105
202106 0.029 111.769 0.030
202109 -0.061 112.215 -0.063
202112 0.089 113.108 0.091
202203 -0.136 114.335 -0.137
202206 0.034 114.558 0.034
202209 -0.135 115.339 -0.135
202212 0.040 115.116 0.040
202303 0.122 115.116 0.122
202306 -0.059 114.558 -0.059
202309 0.022 115.339 0.022
202312 0.068 114.781 0.068
202403 -0.160 115.227 -0.160

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Ken Holding Co  (SZSE:300126) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Ken Holding Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.10/0.03
=170.00

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ken Holding Co was 805.00. The lowest was 100.75. And the median was 199.79.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Ken Holding Co Cyclically Adjusted FCF per Share Related Terms

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


Ken Holding Co (SZSE:300126) Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Xinrong Road, Xingqiao Town, Songjiang District, Shanghai, CHN, 201612
Ken Holding Co Ltd is engaged in manufacturing and selling power tools. The products of the company include cordless tool, drill tool, abrasive tool, cutting tool, hammer tool, saw tool, sanding, trimming, and planning tools, measuring tools, and auto insurance tool.
Executives
Ying Xiao Yong Directors, executives
Wu Xia Qin Directors, executives
Xiang Jun Directors, executives
Xu Xiu Lan Securities Affairs Representative
Shen Wei Hua Supervisors
Wu Ming Ting Directors, executives
Ying Yuan Lin Director

Ken Holding Co (SZSE:300126) Headlines

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