GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PEC Ltd (SGX:IX2) » Definitions » Cyclically Adjusted Price-to-FCF

PEC (SGX:IX2) Cyclically Adjusted Price-to-FCF : 10.40 (As of Jun. 08, 2024)


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

What is PEC Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), PEC's current share price is S$0.52. PEC's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was S$0.05. PEC's Cyclically Adjusted Price-to-FCF for today is 10.40.

The historical rank and industry rank for PEC's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SGX:IX2' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10   Med: 19.84   Max: 31.5
Current: 12.01

During the past 13 years, PEC's highest Cyclically Adjusted Price-to-FCF was 31.50. The lowest was 10.00. And the median was 19.84.

SGX:IX2's Cyclically Adjusted Price-to-FCF is ranked better than
55.78% of 398 companies
in the Oil & Gas industry
Industry Median: 13.655 vs SGX:IX2: 12.01

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.

PEC's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was S$-0.037. 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 S$0.05 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


PEC Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PEC'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.

PEC Cyclically Adjusted Price-to-FCF Chart

PEC Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.85 - - 26.25 12.44

PEC 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 - 26.25 - 12.44 -

Competitive Comparison of PEC's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, PEC'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.


PEC's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



PEC 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.

PEC's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.52/0.05
=10.40

* 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.

PEC's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, PEC's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.037/128.7287*128.7287
=-0.037

Current CPI (Jun23) = 128.7287.

PEC Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.030 100.560 0.038
201506 0.058 100.684 0.074
201606 0.173 101.688 0.219
201706 -0.120 103.349 -0.149
201806 -0.055 106.317 -0.067
201906 0.011 108.070 0.013
202006 0.072 108.767 0.085
202106 0.201 114.631 0.226
202206 0.058 125.017 0.060
202306 -0.037 128.729 -0.037

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.


PEC  (SGX:IX2) 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.


PEC Cyclically Adjusted Price-to-FCF Related Terms

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


PEC (SGX:IX2) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PEC Ltd (SGX:IX2) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
14 International Business Park, Singapore, SGP, 609922
PEC Ltd is a Singapore-based company, which is engaged in the provision of mechanical engineering and contracting services. Its segments are Project works, Plant maintenance and related services and Other operations. The Plant maintenance and related services segment is a key revenue driver, which relate to maintenance services provided to the oil and gas, petrochemical and chemical terminal industries. The project works segment relates to provision of engineering, procurement and construction services for certain aspects of plant projects, such as tankage and/or piping work, procurement to the oil and gas, pharmaceutical and oil and chemical terminal industries. Other operations segment relates to heat treatment, information technology services and construction equipment leasing services.

PEC (SGX:IX2) Headlines

No Headlines