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Digital China Holdings (HKSE:00861) Cyclically Adjusted Price-to-FCF : 22.47 (As of Jun. 10, 2024)


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What is Digital China Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Digital China Holdings's current share price is HK$3.37. Digital China Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.15. Digital China Holdings's Cyclically Adjusted Price-to-FCF for today is 22.47.

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

HKSE:00861' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.73   Med: 46.66   Max: 247.5
Current: 23.12

During the past 13 years, Digital China Holdings's highest Cyclically Adjusted Price-to-FCF was 247.50. The lowest was 13.73. And the median was 46.66.

HKSE:00861's Cyclically Adjusted Price-to-FCF is ranked worse than
59.26% of 216 companies
in the Conglomerates industry
Industry Median: 18.33 vs HKSE:00861: 23.12

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.

Digital China Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.432. 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 HK$0.15 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Digital China Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Digital China 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.

Digital China Holdings Cyclically Adjusted Price-to-FCF Chart

Digital China Holdings 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 63.46 1,840.96 227.45 67.99 15.92

Digital China Holdings 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 227.45 - 67.99 - 15.92

Competitive Comparison of Digital China Holdings's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, Digital China 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.


Digital China Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Digital China Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Digital China 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.

Digital China Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.37/0.15
=22.47

* 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.

Digital China Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Digital China Holdings'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)
=0.432/117.2957*117.2957
=0.432

Current CPI (Dec23) = 117.2957.

Digital China Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 1.682 99.707 1.979
201512 -2.382 102.015 -2.739
201612 -0.228 103.225 -0.259
201712 0.192 104.984 0.215
201812 0.080 107.622 0.087
201912 0.449 110.700 0.476
202012 0.623 109.711 0.666
202112 0.263 112.349 0.275
202212 0.319 114.548 0.327
202312 0.432 117.296 0.432

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.


Digital China Holdings  (HKSE:00861) 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.


Digital China Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Digital China Holdings (HKSE:00861) Business Description

Traded in Other Exchanges
Address
77-79 Gloucester Road, 31st Floor, Fortis Tower, Wanchai, Hong Kong, HKG
Digital China Holdings is a holding company that through its subsidiaries provides information technology services. The company organizes itself into thre primary segments based on services provided. such as The Big Data Products and Solutions business segment, The Software and Operating Services business segment and The Traditional and Localization Services business segment. Company generates majority revenue from Traditional and Localization Services segment.
Executives
Dragon City International Investment Limited 2101 Beneficial owner
Guo Wei 2201 Interest of corporation controlled by you
Huang Shaokang 2202 Interest of your spouse
Yip Chi Yu 2201 Interest of corporation controlled by you
Law Debenture Trust 2301 Trustee
Guo Wei 2201 Interest of corporation controlled by you
Kosalaki Investments Limited 2101 Beneficial owner
Guang Zhou Guang Dian Yun Tong Jin Rong Dian Zi Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Wu Xian Dian Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Shi Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Shi Cheng Tou Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Cheng Tou Jia Peng Chan Ye Tou Zi Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Cheng Tou Jia Zi Tou Zi He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Allianz Se 2201 Interest of corporation controlled by you

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