GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » First Sponsor Group Ltd (SGX:ADN) » Definitions » Cyclically Adjusted Price-to-FCF

First Sponsor Group (SGX:ADN) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


View and export this data going back to 2014. Start your Free Trial

What is First Sponsor Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


First Sponsor Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for First Sponsor 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.

* Premium members only.

First Sponsor Group Cyclically Adjusted Price-to-FCF Chart

First Sponsor Group 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 - - - - -

First Sponsor Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - -

Competitive Comparison of First Sponsor Group's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, First Sponsor 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.


First Sponsor Group's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, First Sponsor Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



First Sponsor 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.

First Sponsor Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, First Sponsor Group'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)
=-0.373/129.4194*129.4194
=-0.373

Current CPI (Dec23) = 129.4194.

First Sponsor Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.515 99.070 -0.673
201512 -0.148 99.792 -0.192
201612 0.055 101.863 0.070
201712 0.047 104.011 0.058
201812 -0.395 105.998 -0.482
201912 0.124 108.420 0.148
202012 0.132 109.897 0.155
202112 -0.121 117.630 -0.133
202212 0.206 125.222 0.213
202312 -0.373 129.419 -0.373

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.


First Sponsor Group  (SGX:ADN) 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.


First Sponsor Group Cyclically Adjusted Price-to-FCF Related Terms

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


First Sponsor Group (SGX:ADN) Business Description

Industry
Traded in Other Exchanges
N/A
Address
19 Lorong Telok, Singapore, SGP, 049031
First Sponsor Group Ltd is an investment holding company in Singapore. The principal activities of the company are those relating to investment holding, property development and sales, property investment, hotel ownership and operations and provision of property financing services. The Hotel operations segment- Property development segment which includes residential and commercial property developments in the PRC, specifically Chengdu, Dongguan and Guangzhou; Property holding segment which includes hotel ownership and operations as well as investment properties held for rental income; Property financing segment which includes Loan arrangements. The firm operates in Europe and China, out of which the majority of the revenue is generated from China.

First Sponsor Group (SGX:ADN) Headlines