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Comfort Gloves Bhd (XKLS:2127) Cyclically Adjusted FCF per Share : RM0.06 (As of Mar. 2024)


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What is Comfort Gloves Bhd 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.

Comfort Gloves Bhd's adjusted free cash flow per share for the three months ended in Mar. 2024 was RM0.015. 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 RM0.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Comfort Gloves Bhd's average Cyclically Adjusted FCF Growth Rate was 50.00% 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.

As of today (2024-06-06), Comfort Gloves Bhd's current stock price is RM0.47. Comfort Gloves Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was RM0.06. Comfort Gloves Bhd's Cyclically Adjusted Price-to-FCF of today is 7.83.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Comfort Gloves Bhd was 36.60. The lowest was 6.83. And the median was 10.57.


Comfort Gloves Bhd Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Comfort Gloves Bhd'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.

Comfort Gloves Bhd Cyclically Adjusted FCF per Share Chart

Comfort Gloves Bhd Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.04 0.04

Comfort Gloves Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 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 0.04 0.04 0.04 0.06

Competitive Comparison of Comfort Gloves Bhd's Cyclically Adjusted FCF per Share

For the Medical Instruments & Supplies subindustry, Comfort Gloves Bhd'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.


Comfort Gloves Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Comfort Gloves Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Comfort Gloves Bhd's Cyclically Adjusted Price-to-FCF falls into.



Comfort Gloves Bhd 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, Comfort Gloves Bhd'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)
=0.015/131.7762*131.7762
=0.015

Current CPI (Mar. 2024) = 131.7762.

Comfort Gloves Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.100 100.023 -0.132
201407 0.053 100.520 0.069
201410 -0.003 100.176 -0.004
201501 -0.009 98.604 -0.012
201504 0.000 99.824 0.000
201507 0.018 100.691 0.024
201510 -0.023 100.346 -0.030
201601 -0.038 99.957 -0.050
201604 -0.015 100.947 -0.020
201607 -0.030 101.524 -0.039
201610 0.001 101.988 0.001
201701 0.000 102.456 0.000
201704 -0.035 103.167 -0.045
201707 -0.004 103.278 -0.005
201710 0.028 104.070 0.035
201801 0.002 104.578 0.003
201804 -0.005 105.708 -0.006
201807 -0.067 106.324 -0.083
201810 -0.006 106.695 -0.007
201901 -0.009 106.200 -0.011
201904 -0.010 107.818 -0.012
201907 0.003 108.250 0.004
201910 -0.003 108.577 -0.004
202001 0.057 108.841 0.069
202004 0.039 108.173 0.048
202007 -0.001 109.318 -0.001
202010 0.165 109.861 0.198
202101 0.026 110.364 0.031
202104 0.257 112.673 0.301
202107 0.241 115.183 0.276
202110 -0.049 116.696 -0.055
202203 0.003 121.301 0.003
202206 0.006 125.017 0.006
202209 0.020 125.227 0.021
202212 -0.050 125.222 -0.053
202303 0.014 127.348 0.014
202306 -0.029 128.729 -0.030
202309 0.034 129.860 0.035
202312 -0.024 129.419 -0.024
202403 0.015 131.776 0.015

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


Comfort Gloves Bhd  (XKLS:2127) 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.

Comfort Gloves Bhd's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.47/0.06
=7.83

* 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 Comfort Gloves Bhd was 36.60. The lowest was 6.83. And the median was 10.57.


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.


Comfort Gloves Bhd Cyclically Adjusted FCF per Share Related Terms

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


Comfort Gloves Bhd (XKLS:2127) Business Description

Traded in Other Exchanges
N/A
Address
Lot 821, Jalan Matang, Matang, Taiping, PRK, MYS, 34750
Comfort Gloves Bhd is engaged in the manufacture and trading of natural and synthetic specialty examination gloves. It has four segments. The manufacturing segment, which is the key revenue driver, is engaged in the manufacture and trading of latex gloves. The investment holding segment comprises investment holding and the provision of management services. Its Trading segment is involved in the trading of latex gloves. The company has two manufacturing plants located in Simpang and Matang, Taiping. Its key markets are Malaysia, the United States of America and Canada, Asia, Europe, and others.

Comfort Gloves Bhd (XKLS:2127) Headlines

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