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YGM Trading (HKSE:00375) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


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What is YGM Trading Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


YGM Trading Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for YGM Trading'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.

YGM Trading Cyclically Adjusted Price-to-FCF Chart

YGM Trading 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 33.03 18.17 358.23 - -

YGM Trading 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 - - - - -

Competitive Comparison of YGM Trading's Cyclically Adjusted Price-to-FCF

For the Apparel Retail subindustry, YGM Trading'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.


YGM Trading's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, YGM Trading's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where YGM Trading's Cyclically Adjusted Price-to-FCF falls into.



YGM Trading 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.

YGM Trading's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, YGM Trading'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)
=0.206/115.4269*115.4269
=0.206

Current CPI (Mar23) = 115.4269.

YGM Trading Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.710 95.749 0.856
201503 -1.230 99.927 -1.421
201603 -0.562 102.785 -0.631
201703 -0.064 103.335 -0.071
201803 -0.429 105.973 -0.467
201903 -0.453 108.172 -0.483
202003 -0.352 110.920 -0.366
202103 0.163 111.579 0.169
202203 -0.063 113.558 -0.064
202303 0.206 115.427 0.206

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.


YGM Trading  (HKSE:00375) 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.


YGM Trading Cyclically Adjusted Price-to-FCF Related Terms

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YGM Trading (HKSE:00375) Business Description

Traded in Other Exchanges
N/A
Address
22 Tai Yau Street, San Po Kong, Kowloon, Hong Kong, HKG
YGM Trading Ltd is an investment holding and provision of management service company. The company's operating segments include Sales of garments; Licensing of trademarks; Printing and related services and Property rental. The sales of garments segment of the company is involved in the wholesale and retail of garments; the Printing and related services segment is engaged in the provision of security printing and sale of printed products; Licensing of trademarks segment is engaged in the management and licensing of trademarks for royalty income, and Property rental: leasing of properties to generate rental income. The company generates maximum revenue from the Sales of the garments segment. Geographically, it derives a majority of its revenue from Hong Kong.
Executives
Chan Wing Fui Peter 2101 Beneficial owner
Chan Suk Ling, Shirley 2101 Beneficial owner
Chan Wing Sun
Chan Wing To 2101 Beneficial owner

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