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DKSH Holdings Malaysia Bhd (XKLS:5908) Cyclically Adjusted FCF per Share : RM0.27 (As of Mar. 2024)


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What is DKSH Holdings Malaysia Bhd Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

DKSH Holdings Malaysia Bhd's adjusted free cash flow per share for the three months ended in Mar. 2024 was RM-0.120. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is RM0.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, DKSH Holdings Malaysia Bhd's average Cyclically Adjusted FCF Growth Rate was 22.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-05-31), DKSH Holdings Malaysia Bhd's current stock price is RM5.22. DKSH Holdings Malaysia Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was RM0.27. DKSH Holdings Malaysia Bhd's Cyclically Adjusted Price-to-FCF of today is 19.33.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of DKSH Holdings Malaysia Bhd was 37.88. The lowest was 14.64. And the median was 18.44.


DKSH Holdings Malaysia Bhd Cyclically Adjusted FCF per Share Historical Data

The historical data trend for DKSH Holdings Malaysia Bhd's Cyclically Adjusted FCF per Share 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.

DKSH Holdings Malaysia Bhd Cyclically Adjusted FCF per Share Chart

DKSH Holdings Malaysia Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.21 0.29 0.26

DKSH Holdings Malaysia 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 FCF per Share 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 0.22 0.32 0.20 0.26 0.27

Competitive Comparison of DKSH Holdings Malaysia Bhd's Cyclically Adjusted FCF per Share

For the Industrial Distribution subindustry, DKSH Holdings Malaysia 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.


DKSH Holdings Malaysia Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, DKSH Holdings Malaysia Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



DKSH Holdings Malaysia Bhd Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, DKSH Holdings Malaysia 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)
=-0.12/131.7762*131.7762
=-0.120

Current CPI (Mar. 2024) = 131.7762.

DKSH Holdings Malaysia Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.349 100.560 0.457
201409 -0.390 100.428 -0.512
201412 0.430 99.070 0.572
201503 -0.396 99.621 -0.524
201506 0.262 100.684 0.343
201509 -0.781 100.392 -1.025
201512 0.659 99.792 0.870
201603 -0.685 100.470 -0.898
201606 0.774 101.688 1.003
201609 -0.597 101.861 -0.772
201612 0.755 101.863 0.977
201703 -0.694 102.862 -0.889
201706 0.341 103.349 0.435
201709 -0.717 104.136 -0.907
201712 1.099 104.011 1.392
201803 -0.676 105.290 -0.846
201806 0.453 106.317 0.561
201809 -0.948 106.507 -1.173
201812 1.322 105.998 1.644
201903 -0.786 107.251 -0.966
201906 0.660 108.070 0.805
201909 -0.955 108.329 -1.162
201912 1.025 108.420 1.246
202003 -0.605 108.902 -0.732
202006 1.170 108.767 1.418
202009 -1.194 109.815 -1.433
202012 0.801 109.897 0.960
202103 0.202 111.754 0.238
202106 0.549 114.631 0.631
202109 -0.141 115.734 -0.161
202112 0.535 117.630 0.599
202203 -0.546 121.301 -0.593
202206 0.627 125.017 0.661
202209 -0.299 125.227 -0.315
202212 0.837 125.222 0.881
202303 -0.628 127.348 -0.650
202306 1.393 128.729 1.426
202309 -1.625 129.860 -1.649
202312 0.858 129.419 0.874
202403 -0.120 131.776 -0.120

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


DKSH Holdings Malaysia Bhd  (XKLS:5908) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

DKSH Holdings Malaysia Bhd's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.22/0.27
=19.33

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of DKSH Holdings Malaysia Bhd was 37.88. The lowest was 14.64. And the median was 18.44.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


DKSH Holdings Malaysia Bhd Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of DKSH Holdings Malaysia Bhd's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


DKSH Holdings Malaysia Bhd (XKLS:5908) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jalan SS7/26A, B-11-01, The Ascent, Paradigm, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301
DKSH Holdings Malaysia Bhd is a market expansion services provider with a focus on Asia. It helps other companies and brands to grow their business in new or existing markets. It operates in the segments namely the Marketing and distribution segment, Logistics segment, and Others. The Marketing and distribution segment provides a comprehensive portfolio of services ranging from marketing to providing sales force, distribution and logistics, invoicing, credit control, handling of inventory and returned goods, and other value-added services. The Logistics segment provides supply chain services ranging from import to forwarding, warehousing and distribution, order processing, and collections. The other segment is engaged in the chocolate chip cookie business.

DKSH Holdings Malaysia Bhd (XKLS:5908) Headlines

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