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Apex Healthcare Bhd (XKLS:7090) Cyclically Adjusted FCF per Share : RM0.05 (As of Mar. 2024)


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What is Apex Healthcare 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.

Apex Healthcare Bhd's adjusted free cash flow per share for the three months ended in Mar. 2024 was RM-0.001. 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 RM0.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Apex Healthcare Bhd's average Cyclically Adjusted FCF Growth Rate was 25.00% 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 (2024-06-10), Apex Healthcare Bhd's current stock price is RM2.94. Apex Healthcare Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was RM0.05. Apex Healthcare Bhd's Cyclically Adjusted Price-to-FCF of today is 58.80.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Apex Healthcare Bhd was 69.17. The lowest was 40.33. And the median was 56.80.


Apex Healthcare Bhd Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Apex Healthcare 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.

Apex Healthcare Bhd Cyclically Adjusted FCF per Share Chart

Apex Healthcare 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 - - 0.04 0.04 0.05

Apex Healthcare Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.04 0.04 - 0.05 0.05

Competitive Comparison of Apex Healthcare Bhd's Cyclically Adjusted FCF per Share

For the Medical Distribution subindustry, Apex Healthcare 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.


Apex Healthcare Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Apex Healthcare Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Apex Healthcare 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, Apex Healthcare 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)
=-0.001/131.7762*131.7762
=-0.001

Current CPI (Mar. 2024) = 131.7762.

Apex Healthcare Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.001 99.695 0.001
201406 0.021 100.560 0.028
201409 0.001 100.428 0.001
201412 0.017 99.070 0.023
201503 0.007 99.621 0.009
201506 0.003 100.684 0.004
201509 0.007 100.392 0.009
201512 0.007 99.792 0.009
201603 0.017 100.470 0.022
201606 -0.001 101.688 -0.001
201609 0.013 101.861 0.017
201612 0.004 101.863 0.005
201703 0.009 102.862 0.012
201706 -0.005 103.349 -0.006
201709 0.010 104.136 0.013
201712 0.003 104.011 0.004
201803 0.006 105.290 0.008
201806 -0.009 106.317 -0.011
201809 -0.016 106.507 -0.020
201812 -0.013 105.998 -0.016
201903 0.021 107.251 0.026
201906 0.017 108.070 0.021
201909 0.018 108.329 0.022
201912 0.020 108.420 0.024
202003 0.012 108.902 0.015
202006 0.037 108.767 0.045
202009 0.032 109.815 0.038
202012 0.016 109.897 0.019
202103 0.005 111.754 0.006
202106 0.011 114.631 0.013
202109 0.024 115.734 0.027
202112 0.030 117.630 0.034
202203 -0.013 121.301 -0.014
202206 0.010 125.017 0.011
202209 0.027 125.227 0.028
202212 0.031 125.222 0.033
202303 0.001 127.348 0.001
202309 0.000 129.860 0.000
202312 0.003 129.419 0.003
202403 -0.001 131.776 -0.001

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


Apex Healthcare Bhd  (XKLS:7090) 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.

Apex Healthcare Bhd's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.94/0.05
=58.80

* 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 Apex Healthcare Bhd was 69.17. The lowest was 40.33. And the median was 56.80.


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.


Apex Healthcare Bhd Cyclically Adjusted FCF per Share Related Terms

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


Apex Healthcare Bhd (XKLS:7090) Business Description

Traded in Other Exchanges
N/A
Address
1-5 Jalan TTC 1, Cheng Industrial Estate, Melaka, MLA, MYS, 75250
Apex Healthcare Bhd is an investment holding company for a group of companies engaged in the development, manufacturing, marketing, and distribution of pharmaceuticals, diagnostics, consumer healthcare products, and orthopedic devices. It has direct operations in Malaysia, Singapore and Others. The company has two manufacturing plants in Melaka and Penang. It has three segments: Manufacturing and marketing of pharmaceutical products; Wholesale and distribution of pharmaceutical and healthcare products; and Corporate comprising investments, properties, and others.

Apex Healthcare Bhd (XKLS:7090) Headlines

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