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San Miguel Brewery Hong Kong (HKSE:00236) Cyclically Adjusted Price-to-FCF : 11.63 (As of Jun. 08, 2024)


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What is San Miguel Brewery Hong Kong Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), San Miguel Brewery Hong Kong's current share price is HK$0.93. San Miguel Brewery Hong Kong's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.08. San Miguel Brewery Hong Kong's Cyclically Adjusted Price-to-FCF for today is 11.63.

The historical rank and industry rank for San Miguel Brewery Hong Kong's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HKSE:00236' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.38   Med: 16   Max: 110
Current: 12.25

During the past 13 years, San Miguel Brewery Hong Kong's highest Cyclically Adjusted Price-to-FCF was 110.00. The lowest was 8.38. And the median was 16.00.

HKSE:00236's Cyclically Adjusted Price-to-FCF is ranked better than
79.46% of 112 companies
in the Beverages - Alcoholic industry
Industry Median: 27.275 vs HKSE:00236: 12.25

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.

San Miguel Brewery Hong Kong's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.172. 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$0.08 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


San Miguel Brewery Hong Kong Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for San Miguel Brewery Hong Kong'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.

San Miguel Brewery Hong Kong Cyclically Adjusted Price-to-FCF Chart

San Miguel Brewery Hong Kong 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 - 70.64 19.78 9.16 10.80

San Miguel Brewery Hong Kong 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 19.78 - 9.16 - 10.80

Competitive Comparison of San Miguel Brewery Hong Kong's Cyclically Adjusted Price-to-FCF

For the Beverages - Brewers subindustry, San Miguel Brewery Hong Kong'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.


San Miguel Brewery Hong Kong's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, San Miguel Brewery Hong Kong's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where San Miguel Brewery Hong Kong's Cyclically Adjusted Price-to-FCF falls into.



San Miguel Brewery Hong Kong 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.

San Miguel Brewery Hong Kong's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.93/0.08
=11.63

* 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.

San Miguel Brewery Hong Kong's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, San Miguel Brewery Hong Kong'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)
=0.172/117.2957*117.2957
=0.172

Current CPI (Dec23) = 117.2957.

San Miguel Brewery Hong Kong Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.064 99.707 0.075
201512 0.048 102.015 0.055
201612 0.036 103.225 0.041
201712 0.102 104.984 0.114
201812 0.008 107.622 0.009
201912 0.071 110.700 0.075
202012 0.085 109.711 0.091
202112 0.065 112.349 0.068
202212 0.058 114.548 0.059
202312 0.172 117.296 0.172

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.


San Miguel Brewery Hong Kong  (HKSE:00236) 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.


San Miguel Brewery Hong Kong Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of San Miguel Brewery Hong Kong's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


San Miguel Brewery Hong Kong (HKSE:00236) Business Description

Traded in Other Exchanges
N/A
Address
Citimark Building, 28 Yuen Shun Circuit, 9th Floor, Siu Lek Yuen, Shatin, New Territories, Hong Kong, HKG
San Miguel Brewery Hong Kong Ltd is engaged in the manufacturing and distribution of bottled, canned and draught beers. Its two reportable segments are 1) The Hong Kong operations comprise of the manufacture and distribution of own brewed beer products and the distribution of imported beer products in Hong Kong and overseas. 2) The Mainland China operations comprise of the manufacture and distribution of own-brewed beer products in the southern part of the People's Republic of China and overseas. It derives the majority of its revenue from Hong Kong.
Executives
San Miguel Corporation 2201 Interest of corporation controlled by you
San Miguel Food And Beverage, Inc. 2201 Interest of corporation controlled by you
Top Frontier Investment Holdings, Inc. 2201 Interest of corporation controlled by you
Zobel Iñigo 2201 Interest of corporation controlled by you

San Miguel Brewery Hong Kong (HKSE:00236) Headlines

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