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Daisho Microline Holdings (HKSE:00567) Cyclically Adjusted Price-to-FCF : (As of Jun. 12, 2024)


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What is Daisho Microline Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Daisho Microline Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Daisho Microline Holdings'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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Daisho Microline Holdings Cyclically Adjusted Price-to-FCF Chart

Daisho Microline Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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Daisho Microline Holdings 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 Daisho Microline Holdings's Cyclically Adjusted Price-to-FCF

For the Packaging & Containers subindustry, Daisho Microline Holdings'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.


Daisho Microline Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Daisho Microline Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Daisho Microline Holdings's Cyclically Adjusted Price-to-FCF falls into.



Daisho Microline Holdings 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.

Daisho Microline Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Daisho Microline Holdings'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)
=0.004/115.4269*115.4269
=0.004

Current CPI (Mar23) = 115.4269.

Daisho Microline Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.014 95.749 -0.017
201503 -0.022 99.927 -0.025
201603 -0.041 102.785 -0.046
201703 -0.031 103.335 -0.035
201803 -0.061 105.973 -0.066
201903 -0.102 108.172 -0.109
202003 -0.022 110.920 -0.023
202103 0.061 111.579 0.063
202203 -0.026 113.558 -0.026
202303 0.004 115.427 0.004

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.


Daisho Microline Holdings  (HKSE:00567) 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.


Daisho Microline Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Daisho Microline Holdings (HKSE:00567) Business Description

Traded in Other Exchanges
N/A
Address
33 Lee Chung Street, Unit A, 10th Floor, Fook Hing Industrial Building, Chai Wan, Hong Kong, HKG
Daisho Microline Holdings Ltd is an investment holding company. The company's segment includes the Manufacturing and trading of printed circuit boards; and the Manufacturing and trading of printing and packaging products. The company generates maximum revenue from the Manufacturing and trading of printing and packaging products segment.
Executives
Ng Man Chan 2101 Beneficial owner
Li Mi Lai 2202 Interest of your spouse
Ng Man Chan 2103 Interests held jointly with another person
Chu Yuet Wah 2201 Interest of corporation controlled by you
Spring Global Enterprises Limited 2101 Beneficial owner
Cheung Ling Mun 2101 Beneficial owner
Ample Cheer Limited 2201 Interest of corporation controlled by you
Kingston Finance Limited 2106 Person having a security interest in shares
Apact Consultancy (hong Kong) Company Limited 2102 Investment manager
Cheung Lai Ming 2101 Beneficial owner
Cheung Lai Na 2301 Trustee

Daisho Microline Holdings (HKSE:00567) Headlines

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