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WMHW Holdings (HKSE:08217) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is WMHW Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


WMHW Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for WMHW 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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WMHW Holdings Cyclically Adjusted Price-to-FCF Chart

WMHW Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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WMHW Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of WMHW Holdings's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, WMHW 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.


WMHW Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, WMHW Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



WMHW 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.

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

For example, WMHW 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)
=0.107/115.4269*115.4269
=0.107

Current CPI (Mar23) = 115.4269.

WMHW Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.031 95.749 0.037
201503 -0.056 99.927 -0.065
201603 0.071 102.785 0.080
201703 -0.315 103.335 -0.352
201803 -0.572 105.973 -0.623
201903 -0.874 108.172 -0.933
202003 -0.236 110.920 -0.246
202103 0.288 111.579 0.298
202203 -0.097 113.558 -0.099
202303 0.107 115.427 0.107

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.


WMHW Holdings  (HKSE:08217) 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.


WMHW Holdings Cyclically Adjusted Price-to-FCF Related Terms

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WMHW Holdings (HKSE:08217) Business Description

Industry
Traded in Other Exchanges
N/A
Address
489 Hennessy Road, Unit 2202, 22nd Floor, Causeway Bay Plaza I, Causeway Bay, Hong Kong, HKG
WMHW Holdings Ltd Formerly Luen Wong Group Holdings Ltd is an investment holding company operating through its subsidiaries. It engages in the civil engineering construction industry in Hong Kong and undertakes contracts for various civil engineering construction projects some of which include the West Rail Line Viaduct, Route 9 Ngong Shuen Chau Viaduct, and Central Reclamation Phase III project, Tuen Mun Road, and Fanling Highway.
Executives
Lai Siu Kuen 2202 Interest of your spouse
Law Oi Ling 2202 Interest of your spouse
Wong Che Kwo 2201 Interest of corporation controlled by you
Wong Wing Wah 2201 Interest of corporation controlled by you

WMHW Holdings (HKSE:08217) Headlines

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