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Haw Par (Haw Par) Cyclically Adjusted Price-to-FCF : 30.47 (As of May. 19, 2024)


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What is Haw Par Cyclically Adjusted Price-to-FCF?

As of today (2024-05-19), Haw Par's current share price is $28.64. Haw Par's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $0.94. Haw Par's Cyclically Adjusted Price-to-FCF for today is 30.47.

The historical rank and industry rank for Haw Par's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HAWPY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.29   Med: 28.66   Max: 41.57
Current: 30.17

During the past 13 years, Haw Par's highest Cyclically Adjusted Price-to-FCF was 41.57. The lowest was 20.29. And the median was 28.66.

HAWPY's Cyclically Adjusted Price-to-FCF is ranked better than
54.88% of 328 companies
in the Drug Manufacturers industry
Industry Median: 33.52 vs HAWPY: 30.17

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.

Haw Par's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $0.745. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.94 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Haw Par Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Haw Par'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.

Haw Par Cyclically Adjusted Price-to-FCF Chart

Haw Par 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 35.62 30.57 31.58 27.96 30.14

Haw Par 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 31.58 - 27.96 - 30.14

Competitive Comparison of Haw Par's Cyclically Adjusted Price-to-FCF

For the Drug Manufacturers - General subindustry, Haw Par'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.


Haw Par's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Haw Par's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Haw Par's Cyclically Adjusted Price-to-FCF falls into.



Haw Par 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.

Haw Par's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=28.64/0.94
=30.47

* 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.

Haw Par's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Haw Par'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)
=0.745/129.4194*129.4194
=0.745

Current CPI (Dec23) = 129.4194.

Haw Par Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.772 99.070 1.008
201512 1.595 99.792 2.069
201612 1.127 101.863 1.432
201712 0.819 104.011 1.019
201812 0.875 105.998 1.068
201912 1.083 108.420 1.293
202012 0.237 109.897 0.279
202112 0.192 117.630 0.211
202212 0.283 125.222 0.292
202312 0.745 129.419 0.745

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.


Haw Par  (OTCPK:HAWPY) 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.


Haw Par Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Haw Par's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Haw Par (Haw Par) Business Description

Traded in Other Exchanges
Address
401 Commonwealth Drive, No. 03-03 Haw Par Technocentre, Singapore, SGP, 149598
Haw Par Corp Ltd is a drug manufacturing company that operates multiple brands. The company is to expand its core businesses through product brand extension, strategic alliances, and exploring potential acquisitions. Its operating segments include the Healthcare segment, Investments segment, and Others segment. The company generates maximum revenue from the Healthcare segment. Its Healthcare segment manufactures and distributes topical analgesic products under the Tiger Balm and Kwan Loong brands. Geographically, it generates a majority of its revenue from the ASEAN countries.

Haw Par (Haw Par) Headlines

From GuruFocus

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