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Minetech Resources Bhd (XKLS:7219) Cyclically Adjusted FCF per Share : RM0.47 (As of Dec. 2023)


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What is Minetech Resources 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.

Minetech Resources Bhd's adjusted free cash flow per share for the three months ended in Dec. 2023 was RM0.001. 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 RM0.47 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Minetech Resources Bhd's average Cyclically Adjusted FCF Growth Rate was 4.40% 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 (2024-06-07), Minetech Resources Bhd's current stock price is RM0.13. Minetech Resources Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was RM0.47. Minetech Resources Bhd's Cyclically Adjusted Price-to-FCF of today is 0.28.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Minetech Resources Bhd was 0.46. The lowest was 0.07. And the median was 0.13.


Minetech Resources Bhd Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Minetech Resources 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.

Minetech Resources Bhd Cyclically Adjusted FCF per Share Chart

Minetech Resources Bhd Annual Data
Trend Dec11 Dec12 Dec13 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.43

Minetech Resources Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 0.45 0.44 0.46 - 0.47

Competitive Comparison of Minetech Resources Bhd's Cyclically Adjusted FCF per Share

For the Building Materials subindustry, Minetech Resources 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.


Minetech Resources Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Minetech Resources Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Minetech Resources 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, Minetech Resources Bhd's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.001/129.4194*129.4194
=0.001

Current CPI (Dec. 2023) = 129.4194.

Minetech Resources Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 3.408 98.518 4.477
201309 0.010 98.790 0.013
201312 0.007 98.326 0.009
201403 -0.002 99.695 -0.003
201406 0.016 100.560 0.021
201409 -0.006 100.428 -0.008
201506 -0.044 100.684 -0.057
201509 0.000 100.392 0.000
201512 -0.006 99.792 -0.008
201603 -0.003 100.470 -0.004
201606 -0.033 101.688 -0.042
201609 0.005 101.861 0.006
201612 -0.007 101.863 -0.009
201703 0.029 102.862 0.036
201706 -0.013 103.349 -0.016
201709 -0.008 104.136 -0.010
201712 0.002 104.011 0.002
201803 -0.003 105.290 -0.004
201806 0.001 106.317 0.001
201809 -0.014 106.507 -0.017
201812 0.006 105.998 0.007
201903 0.011 107.251 0.013
201906 0.014 108.070 0.017
201909 -0.013 108.329 -0.016
201912 -0.002 108.420 -0.002
202003 -0.003 108.902 -0.004
202006 0.000 108.767 0.000
202009 -0.007 109.815 -0.008
202012 -0.007 109.897 -0.008
202103 -0.010 111.754 -0.012
202106 -0.014 114.631 -0.016
202109 -0.006 115.734 -0.007
202112 -0.006 117.630 -0.007
202203 -0.006 121.301 -0.006
202206 -0.004 125.017 -0.004
202209 0.001 125.227 0.001
202212 -0.003 125.222 -0.003
202306 -0.001 128.729 -0.001
202309 0.000 129.860 0.000
202312 0.001 129.419 0.001

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


Minetech Resources Bhd  (XKLS:7219) 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.

Minetech Resources Bhd's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.13/0.47
=0.28

* 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 Minetech Resources Bhd was 0.46. The lowest was 0.07. And the median was 0.13.


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.


Minetech Resources Bhd Cyclically Adjusted FCF per Share Related Terms

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


Minetech Resources Bhd (XKLS:7219) Business Description

Traded in Other Exchanges
N/A
Address
No. 21, Jalan SS7/26, D-G-5, Block D. Parklane Commercial Hub, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301
Minetech Resources Bhd is an investment holding and provision of a managerial service company. It generates maximum revenue from the Civil engineering segment. The Quarry products segment is engaged in the provision of turnkey and specialized quarry services and sales and marketing of quarry products. The Civil engineering segment specializes in civil engineering works. Geographically, it operates and derives revenue from Malaysia.

Minetech Resources Bhd (XKLS:7219) Headlines

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