GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Heatec Jietong Holdings Ltd (SGX:5OR) » Definitions » Cyclically Adjusted Price-to-FCF

Heatec Jietong Holdings (SGX:5OR) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Heatec Jietong Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Heatec Jietong Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Heatec Jietong 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.

Heatec Jietong Holdings Cyclically Adjusted Price-to-FCF Chart

Heatec Jietong Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 26.38 - 12.05 -

Heatec Jietong Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 12.05 - - -

Competitive Comparison of Heatec Jietong Holdings's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, Heatec Jietong 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.


Heatec Jietong Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Heatec Jietong Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Heatec Jietong 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.

Heatec Jietong Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Heatec Jietong Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.012/125.2218*125.2218
=0.012

Current CPI (Dec22) = 125.2218.

Heatec Jietong Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.057 98.326 -0.073
201412 0.027 99.070 0.034
201512 -0.003 99.792 -0.004
201612 0.018 101.863 0.022
201712 -0.001 104.011 -0.001
201812 -0.021 105.998 -0.025
201912 0.021 108.420 0.024
202012 -0.001 109.897 -0.001
202112 0.004 117.630 0.004
202212 0.012 125.222 0.012

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.


Heatec Jietong Holdings  (SGX:5OR) 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.


Heatec Jietong Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Heatec Jietong Holdings (SGX:5OR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 10 Tuas South Street 15, Singapore, SGP, 637076
Heatec Jietong Holdings Ltd is engaged in offering piping and heat exchanger services for the marine and oil and gas industries. The company's segments include Piping, Heat Exchangers, and Chemical cleaning. The Piping segment is engaged in the fabrication and installation of various types of piping. The Heat Exchanger segment, which derives the majority of revenue, engages in servicing and fabrication of heat exchangers. The Chemical cleaning segment is engaged in the provision of chemical cleaning services to ships and marine vessels. The Group's operations are carried out in Singapore.

Heatec Jietong Holdings (SGX:5OR) Headlines

No Headlines