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Shun Ho Property Investments (HKSE:00219) Cyclically Adjusted Price-to-FCF : 1.61 (As of May. 23, 2024)


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What is Shun Ho Property Investments Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Shun Ho Property Investments's current share price is HK$0.82. Shun Ho Property Investments's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.51. Shun Ho Property Investments's Cyclically Adjusted Price-to-FCF for today is 1.61.

The historical rank and industry rank for Shun Ho Property Investments's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HKSE:00219' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.46   Med: 6.07   Max: 16.33
Current: 1.62

During the past 13 years, Shun Ho Property Investments's highest Cyclically Adjusted Price-to-FCF was 16.33. The lowest was 1.46. And the median was 6.07.

HKSE:00219's Cyclically Adjusted Price-to-FCF is ranked better than
96.55% of 348 companies
in the Travel & Leisure industry
Industry Median: 22.035 vs HKSE:00219: 1.62

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.

Shun Ho Property Investments's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.263. 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$0.51 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shun Ho Property Investments Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shun Ho Property Investments'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.

Shun Ho Property Investments Cyclically Adjusted Price-to-FCF Chart

Shun Ho Property Investments 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 4.41 3.14 2.44 2.01 1.62

Shun Ho Property Investments 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 2.44 - 2.01 - 1.62

Competitive Comparison of Shun Ho Property Investments's Cyclically Adjusted Price-to-FCF

For the Lodging subindustry, Shun Ho Property Investments'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.


Shun Ho Property Investments's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shun Ho Property Investments's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shun Ho Property Investments's Cyclically Adjusted Price-to-FCF falls into.



Shun Ho Property Investments 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.

Shun Ho Property Investments's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.82/0.51
=1.61

* 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.

Shun Ho Property Investments's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Shun Ho Property Investments'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)
=0.263/117.2957*117.2957
=0.263

Current CPI (Dec23) = 117.2957.

Shun Ho Property Investments Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.503 99.707 0.592
201512 0.416 102.015 0.478
201612 0.511 103.225 0.581
201712 0.519 104.984 0.580
201812 0.757 107.622 0.825
201912 0.532 110.700 0.564
202012 0.207 109.711 0.221
202112 0.394 112.349 0.411
202212 0.538 114.548 0.551
202312 0.263 117.296 0.263

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.


Shun Ho Property Investments  (HKSE:00219) 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.


Shun Ho Property Investments Cyclically Adjusted Price-to-FCF Related Terms

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


Shun Ho Property Investments (HKSE:00219) Business Description

Traded in Other Exchanges
N/A
Address
24-30 Ice House Street, 3rd Floor, Shun Ho Tower, Central, Hong Kong, HKG
Shun Ho Property Investments Ltd is a Hong Kong-based company principally engaged in hotel businesses. It operates through three segments Hospitality Services, Property Investment and Securities Investment. The company looks into the operation of Best Western Plus Hotel Kowloon, Best Western Plus Hotel Hong Kong, Magnificent International Hotel, Shanghai, Best Western Hotel Causeway Bay, Ramada Hong Kong Harbour View, Ramada Hong Kong Grand, Grand City Hotel, Ramada Hong Kong Grand View, 633 King's Road, Shun Ho Tower, and Shops, hotel and residential properties. The group derives revenue from Hong Kong and the PRC, of which prime revenue is derived from Hong Kong.

Shun Ho Property Investments (HKSE:00219) Headlines

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