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MISC Bhd (XKLS:3816) Cyclically Adjusted Price-to-FCF : 23.89 (As of Jun. 04, 2024)


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What is MISC Bhd Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), MISC Bhd's current share price is RM8.60. MISC Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was RM0.36. MISC Bhd's Cyclically Adjusted Price-to-FCF for today is 23.89.

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

XKLS:3816' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.69   Med: 29   Max: 38.58
Current: 23.14

During the past years, MISC Bhd's highest Cyclically Adjusted Price-to-FCF was 38.58. The lowest was 19.69. And the median was 29.00.

XKLS:3816's Cyclically Adjusted Price-to-FCF is ranked worse than
58.04% of 429 companies
in the Transportation industry
Industry Median: 17.86 vs XKLS:3816: 23.14

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.

MISC Bhd's adjusted free cash flow per share data for the three months ended in Mar. 2024 was RM-0.030. 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 RM0.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MISC Bhd Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MISC Bhd'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.

MISC Bhd Cyclically Adjusted Price-to-FCF Chart

MISC Bhd 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 - 30.79 36.27 27.33 20.11

MISC Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 24.97 21.03 19.82 20.11 21.28

Competitive Comparison of MISC Bhd's Cyclically Adjusted Price-to-FCF

For the Marine Shipping subindustry, MISC Bhd'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.


MISC Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, MISC Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



MISC Bhd 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.60/0.36
=23.89

* 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.

MISC Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, MISC Bhd's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.03/131.7762*131.7762
=-0.030

Current CPI (Mar. 2024) = 131.7762.

MISC Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.069 100.560 0.090
201409 0.069 100.428 0.091
201412 0.074 99.070 0.098
201503 -0.070 99.621 -0.093
201506 0.109 100.684 0.143
201509 0.080 100.392 0.105
201512 0.075 99.792 0.099
201603 0.205 100.470 0.269
201606 0.205 101.688 0.266
201609 0.198 101.861 0.256
201612 0.025 101.863 0.032
201703 0.152 102.862 0.195
201706 0.073 103.349 0.093
201709 0.086 104.136 0.109
201712 -0.059 104.011 -0.075
201803 -0.003 105.290 -0.004
201806 0.175 106.317 0.217
201809 0.121 106.507 0.150
201812 -0.112 105.998 -0.139
201903 0.134 107.251 0.165
201906 0.214 108.070 0.261
201909 0.256 108.329 0.311
201912 0.158 108.420 0.192
202003 0.247 108.902 0.299
202006 0.096 108.767 0.116
202009 -0.139 109.815 -0.167
202012 -0.096 109.897 -0.115
202103 -0.202 111.754 -0.238
202106 -0.018 114.631 -0.021
202109 -0.001 115.734 -0.001
202112 0.026 117.630 0.029
202203 -0.039 121.301 -0.042
202206 -0.030 125.017 -0.032
202209 0.044 125.227 0.046
202212 0.193 125.222 0.203
202303 -0.078 127.348 -0.081
202306 0.476 128.729 0.487
202309 0.116 129.860 0.118
202312 0.197 129.419 0.201
202403 -0.030 131.776 -0.030

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.


MISC Bhd  (XKLS:3816) 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.


MISC Bhd Cyclically Adjusted Price-to-FCF Related Terms

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


MISC Bhd (XKLS:3816) Business Description

Industry
Traded in Other Exchanges
Address
Jalan Sultan Hishamuddin, Level 25, Menara Dayabumi, Kuala Lumpur, SGR, MYS, 50050
MISC Bhd is a maritime logistics company domiciled in Malaysia. The company organizes itself into five segments; Gas Assets & Solutions segment includes the provision of liquefied natural gas (LNG) carrier services and non-conventional gas asset solutions, Petroleum & Product Shipping segment includes the provision of petroleum tanker and chemical tanker services, Offshore Business segment owns, lease, operation, and maintenance of offshore, floating, production, and offloading terminals, Marine & Heavy Engineering segment include marine repair, marine conversion, and engineering and construction works, and Others segment includes integrated marine services, port & terminal services, maritime education & training, and other diversified businesses.

MISC Bhd (XKLS:3816) Headlines

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