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Sing Tao News (FRA:PVGB) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


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What is Sing Tao News Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sing Tao News Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sing Tao News'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.

Sing Tao News Cyclically Adjusted Price-to-FCF Chart

Sing Tao News 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 21.90 21.39 17.49 84.36 -

Sing Tao News 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 17.49 - 84.36 - -

Competitive Comparison of Sing Tao News's Cyclically Adjusted Price-to-FCF

For the Publishing subindustry, Sing Tao News'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.


Sing Tao News's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sing Tao News's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Sing Tao News's Cyclically Adjusted Price-to-FCF falls into.



Sing Tao News 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.

Sing Tao News's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Sing Tao News'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)
=-0.001/117.2957*117.2957
=-0.001

Current CPI (Dec23) = 117.2957.

Sing Tao News Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.021 99.707 0.025
201512 0.007 102.015 0.008
201612 -0.020 103.225 -0.023
201712 -0.015 104.984 -0.017
201812 0.011 107.622 0.012
201912 0.011 110.700 0.012
202012 0.004 109.711 0.004
202112 -0.013 112.349 -0.014
202212 -0.014 114.548 -0.014
202312 -0.001 117.296 -0.001

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.


Sing Tao News  (FRA:PVGB) 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.


Sing Tao News Cyclically Adjusted Price-to-FCF Related Terms

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Sing Tao News (FRA:PVGB) Business Description

Traded in Other Exchanges
Address
7 Chun Cheong Street, Sing Tao News Corporation Building, Tseung Kwan O Industrial Estate, Tseung Kwan O, New Territories, Hong Kong, HKG
Sing Tao News Corp Ltd is an investment holding company. It is principally engaged in the business of publishing and distribution of newspapers, magazines and books to readers in Hong Kong, Canada, the United States of America and Europe, and sales of respective content of such publications in the People's Republic of China including Hong Kong.

Sing Tao News (FRA:PVGB) Headlines

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