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ITC Properties Group (HKSE:00199) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is ITC Properties Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


ITC Properties Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ITC Properties Group'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.

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ITC Properties Group Cyclically Adjusted Price-to-FCF Chart

ITC Properties Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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ITC Properties Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of ITC Properties Group's Cyclically Adjusted Price-to-FCF

For the Lodging subindustry, ITC Properties Group'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.


ITC Properties Group's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, ITC Properties Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where ITC Properties Group's Cyclically Adjusted Price-to-FCF falls into.



ITC Properties Group 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.

ITC Properties Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, ITC Properties Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=-0.311/115.4269*115.4269
=-0.311

Current CPI (Mar23) = 115.4269.

ITC Properties Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.675 95.749 -0.814
201503 -0.480 99.927 -0.554
201603 -0.404 102.785 -0.454
201703 -0.880 103.335 -0.983
201803 -0.896 105.973 -0.976
201903 -0.683 108.172 -0.729
202003 -0.396 110.920 -0.412
202103 -0.050 111.579 -0.052
202203 -0.061 113.558 -0.062
202303 -0.311 115.427 -0.311

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.


ITC Properties Group  (HKSE:00199) 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.


ITC Properties Group Cyclically Adjusted Price-to-FCF Related Terms

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ITC Properties Group (HKSE:00199) Business Description

Traded in Other Exchanges
N/A
Address
12 Harcourt Road, 30th Floor, Bank of America Tower, Central, Hong Kong, HKG
ITC Properties Group Ltd is an investment holding company principally engaged in the development, selling of, and investment in properties. Its operating segment includes Property; Hotel and leisure; Securities investments and Finance. It generates maximum revenue from the Property segment which includes the development, selling, and investment in properties. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in Other Countries.
Executives
Fortune Crystal Holdings Limited
Record High Enterprises Limited
Galaxyway Investments Limited
Itc Holdings Limited
Chan Kwok Keung Charles
Ng Yuen Lan Macy
Cheung Hon Kit 2101 Beneficial owner

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