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Pou Sheng International (Holdings) (HKSE:03813) Cyclically Adjusted Price-to-FCF : 2.58 (As of May. 27, 2024)


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What is Pou Sheng International (Holdings) Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), Pou Sheng International (Holdings)'s current share price is HK$0.67. Pou Sheng International (Holdings)'s Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.26. Pou Sheng International (Holdings)'s Cyclically Adjusted Price-to-FCF for today is 2.58.

The historical rank and industry rank for Pou Sheng International (Holdings)'s Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HKSE:03813' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.27   Med: 3.42   Max: 5
Current: 2.53

During the past 13 years, Pou Sheng International (Holdings)'s highest Cyclically Adjusted Price-to-FCF was 5.00. The lowest was 2.27. And the median was 3.42.

HKSE:03813's Cyclically Adjusted Price-to-FCF is ranked better than
96.13% of 362 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.01 vs HKSE:03813: 2.53

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.

Pou Sheng International (Holdings)'s adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.645. 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$0.26 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pou Sheng International (Holdings) Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pou Sheng International (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.

* Premium members only.

Pou Sheng International (Holdings) Cyclically Adjusted Price-to-FCF Chart

Pou Sheng International (Holdings) 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 69.80 15.54 7.30 3.87 2.60

Pou Sheng International (Holdings) Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
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 3.87 - - 2.60 -

Competitive Comparison of Pou Sheng International (Holdings)'s Cyclically Adjusted Price-to-FCF

For the Footwear & Accessories subindustry, Pou Sheng International (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.


Pou Sheng International (Holdings)'s Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pou Sheng International (Holdings)'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Pou Sheng International (Holdings)'s Cyclically Adjusted Price-to-FCF falls into.



Pou Sheng International (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.

Pou Sheng International (Holdings)'s Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.67/0.26
=2.58

* 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.

Pou Sheng International (Holdings)'s Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Pou Sheng International (Holdings)'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)
=0.645/117.2957*117.2957
=0.645

Current CPI (Dec23) = 117.2957.

Pou Sheng International (Holdings) Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.094 99.707 0.111
201512 0.130 102.015 0.149
201612 -0.112 103.225 -0.127
201712 -0.175 104.984 -0.196
201812 -0.116 107.622 -0.126
201912 0.211 110.700 0.224
202012 1.010 109.711 1.080
202112 0.320 112.349 0.334
202212 0.506 114.548 0.518
202312 0.645 117.296 0.645

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.


Pou Sheng International (Holdings)  (HKSE:03813) 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.


Pou Sheng International (Holdings) Cyclically Adjusted Price-to-FCF Related Terms

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Pou Sheng International (Holdings) (HKSE:03813) Business Description

Traded in Other Exchanges
Address
108 Wai Yip Street, 22nd Floor, C-Bons International Center, Kwun Tong, Kowloon, Hong Kong, HKG
Pou Sheng International (Holdings) Ltd is an investment holding company. The principal activities of the Group are the distribution and retailing of sportswear and footwear products, the provision of sports services, and the provision of large-scale commercial spaces to retailers and distributors for commissions from concessionaire sales. The group's operations are mainly located in the PRC.
Executives
Pou Chen Corporation 2201 Interest of corporation controlled by you
Yue Yuen Industrial (holdings) Limited 2201 Interest of corporation controlled by you

Pou Sheng International (Holdings) (HKSE:03813) Headlines

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