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Asia Financial Holdings (HKSE:00662) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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What is Asia Financial Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia Financial Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Asia Financial 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.

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Asia Financial Holdings Cyclically Adjusted Price-to-FCF Chart

Asia Financial Holdings 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 14.48 16.23 15.38 46.26 -

Asia Financial Holdings 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 15.38 - 46.26 - -

Competitive Comparison of Asia Financial Holdings's Cyclically Adjusted Price-to-FCF

For the Insurance - Life subindustry, Asia Financial 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.


Asia Financial Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Asia Financial Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Asia Financial 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.

Asia Financial Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Asia Financial Holdings'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)
=-0.662/117.2957*117.2957
=-0.662

Current CPI (Dec23) = 117.2957.

Asia Financial Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.153 99.707 0.180
201512 0.060 102.015 0.069
201612 0.628 103.225 0.714
201712 -0.027 104.984 -0.030
201812 0.375 107.622 0.409
201912 0.629 110.700 0.666
202012 -0.032 109.711 -0.034
202112 -0.123 112.349 -0.128
202212 -1.197 114.548 -1.226
202312 -0.662 117.296 -0.662

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.


Asia Financial Holdings  (HKSE:00662) 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.


Asia Financial Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Asia Financial Holdings (HKSE:00662) Business Description

Traded in Other Exchanges
N/A
Address
19 Des Voeux Road Central, 16th Floor, Worldwide House, Hong Kong, HKG
Asia Financial Holdings Ltd operates in the financial services industry of Hong Kong. Its key offering is comprised of insurance products ranging from general insurance to life insurance, which is provided through its subsidiaries of China. The company's segment include the Insurance segment engages in the provision of the underwriting of general and life insurance; the Corporate segment engages in securities trading and holding and other businesses. Majority of the revenue is derived from Insurance segment. Its revenue is derived from operations carried out in Hong Kong, Macau and Mainland China.
Executives
Cosmos Investments Inc.
Claremont Capital Holdings Ltd
Chan Bernard Charnwut 2201 Interest of corporation controlled by you
Chan Yau Hing, Robin 2201 Interest of corporation controlled by you
Bangkok Bank Public Company Limited 2101 Beneficial owner
Sompo Holdings, Inc. 2201 Interest of corporation controlled by you
Sompo Japan Insurance Inc. (formerly Known As Sompo Japan Nipponkoa Insurance Inc.) 2101 Beneficial owner

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