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Bosideng International Holdings (HKSE:03998) Cyclically Adjusted Price-to-FCF : 35.62 (As of Jun. 06, 2024)


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What is Bosideng International Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Bosideng International Holdings's current share price is HK$4.63. Bosideng International Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 was HK$0.13. Bosideng International Holdings's Cyclically Adjusted Price-to-FCF for today is 35.62.

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

HKSE:03998' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.13   Med: 27.86   Max: 68.5
Current: 34.68

During the past 13 years, Bosideng International Holdings's highest Cyclically Adjusted Price-to-FCF was 68.50. The lowest was 7.13. And the median was 27.86.

HKSE:03998's Cyclically Adjusted Price-to-FCF is ranked worse than
68.96% of 364 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.25 vs HKSE:03998: 34.68

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.

Bosideng International Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Mar23 was HK$0.253. 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$0.13 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bosideng International Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bosideng International 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.

Bosideng International Holdings Cyclically Adjusted Price-to-FCF Chart

Bosideng International Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.56 26.76 34.98 32.99 33.39

Bosideng International Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 32.99 - 33.39 -

Competitive Comparison of Bosideng International Holdings's Cyclically Adjusted Price-to-FCF

For the Apparel Manufacturing subindustry, Bosideng International 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.


Bosideng International Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bosideng International Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Bosideng International 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.

Bosideng International Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.63/0.13
=35.62

* 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.

Bosideng International Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Bosideng International Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.253/115.4269*115.4269
=0.253

Current CPI (Mar23) = 115.4269.

Bosideng International Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.062 95.749 -0.075
201503 0.030 99.927 0.035
201603 0.095 102.785 0.107
201703 0.127 103.335 0.142
201803 0.107 105.973 0.117
201903 0.131 108.172 0.140
202003 0.052 110.920 0.054
202103 0.298 111.579 0.308
202203 0.228 113.558 0.232
202303 0.253 115.427 0.253

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.


Bosideng International Holdings  (HKSE:03998) 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.


Bosideng International Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Bosideng International Holdings (HKSE:03998) Business Description

Traded in Other Exchanges
Address
99 Queen’s Road Central, Unit 5709, 57th Floor, The Center, Central, Hong Kong, HKG
Bosideng International Holdings Ltd is an integrated clothing group in China. It mainly engaged in design, manufacture and sales of down apparel products including research, raw materials procurement, outsourced manufacturing, marketing and distribution of branded down apparel products, original equipment manufacturing products and non-down apparel products. The group operates its business in four segments namely Down apparels, OEM management, Ladieswear apparels, and Diversified apparels. It generates a majority of revenue from the Down apparels segment which carries on the business of sourcing and distributing branded down apparels. The group's down apparel brands include Bosideng, Snow Flying, and Bengen, among others.
Executives
Gao Xiaodong
Gao Dekang
Mei Dong
Kong Bo Investment Limited
New Surplus International Investment Limited 2101 Beneficial owner
Blooming Sky Ventures Limited 2101 Beneficial owner
Blooming Sky Investment Limited 2201 Interest of corporation controlled by you
Kova Group Limited 2201 Interest of corporation controlled by you
Bos Trustee Limited 2301 Trustee
Cititrust Private Trust (cayman) Limited 2301 Trustee
Gao Dekang 2307 Founder of a discretionary trust who can infl
Topping Wealth Limited 2201 Interest of corporation controlled by you
Gao Xiaodong
Kang Bo Kong Gu Ji Tuan You Xian Gong Si Bo Si Deng Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Jiang Su Kang Bo Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you

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