GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yuexiu Property Co Ltd (HKSE:00123) » Definitions » Cyclically Adjusted Price-to-FCF

Yuexiu Property Co (HKSE:00123) Cyclically Adjusted Price-to-FCF : 6.26 (As of Jun. 08, 2024)


View and export this data going back to 1992. Start your Free Trial

What is Yuexiu Property Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Yuexiu Property Co's current share price is HK$6.13. Yuexiu Property Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.98. Yuexiu Property Co's Cyclically Adjusted Price-to-FCF for today is 6.26.

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

HKSE:00123' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.8   Med: 20.57   Max: 29.76
Current: 5.77

During the past 13 years, Yuexiu Property Co's highest Cyclically Adjusted Price-to-FCF was 29.76. The lowest was 3.80. And the median was 20.57.

HKSE:00123's Cyclically Adjusted Price-to-FCF is ranked better than
72.88% of 697 companies
in the Real Estate industry
Industry Median: 12.18 vs HKSE:00123: 5.77

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.

Yuexiu Property Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$2.411. 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 HK$0.98 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yuexiu Property Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Yuexiu Property Co'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.

Yuexiu Property Co Cyclically Adjusted Price-to-FCF Chart

Yuexiu Property Co 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 - - - 21.42 6.47

Yuexiu Property Co 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 - - 21.42 - 6.47

Competitive Comparison of Yuexiu Property Co's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Yuexiu Property 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.


Yuexiu Property Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Yuexiu Property Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Yuexiu Property Co 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.

Yuexiu Property Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.13/0.98
=6.26

* 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.

Yuexiu Property Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Yuexiu Property Co'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)
=2.411/117.2957*117.2957
=2.411

Current CPI (Dec23) = 117.2957.

Yuexiu Property Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -3.278 99.707 -3.856
201512 -0.082 102.015 -0.094
201612 2.025 103.225 2.301
201712 -2.289 104.984 -2.557
201812 4.360 107.622 4.752
201912 2.229 110.700 2.362
202012 5.579 109.711 5.965
202112 -2.241 112.349 -2.340
202212 0.861 114.548 0.882
202312 2.411 117.296 2.411

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.


Yuexiu Property Co  (HKSE:00123) 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.


Yuexiu Property Co Cyclically Adjusted Price-to-FCF Related Terms

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


Yuexiu Property Co (HKSE:00123) Business Description

Traded in Other Exchanges
Address
160-174 Lockhart Road, 26th Floor, Yue Xiu Building, Wanchai, Hong Kong, HKG
Yuexiu Property Co Ltd is engaged in the real estate sector. Most of the company's activities are focused on property development. Its business is broadly classified into the Property Development, Property Management, Property Investment, and Others segments. The Property Development segment contributes the majority of the revenue. The Property Investment segment is engaged in the leasing of properties and the Property Management segment is engaged in the provision of property management services. Other segment derive revenue from real estate agencies and decoration services.
Executives
Yue Xiu Enterprises (holdings) Limited 2201 Interest of corporation controlled by you
Bosworth International Limited 2101 Beneficial owner
Guang Zhou Yue Xiu Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Di Tie Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

Yuexiu Property Co (HKSE:00123) Headlines

No Headlines