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HKBN (HKSE:01310) Cyclically Adjusted Price-to-FCF : 3.07 (As of Jun. 07, 2024)


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What is HKBN Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), HKBN's current share price is HK$2.52. HKBN's Cyclically Adjusted FCF per Share for the fiscal year that ended in Aug23 was HK$0.82. HKBN's Cyclically Adjusted Price-to-FCF for today is 3.07.

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

HKSE:01310' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.95   Med: 3.89   Max: 4.74
Current: 3.08

During the past 10 years, HKBN's highest Cyclically Adjusted Price-to-FCF was 4.74. The lowest was 2.95. And the median was 3.89.

HKSE:01310's Cyclically Adjusted Price-to-FCF is ranked better than
92.11% of 190 companies
in the Telecommunication Services industry
Industry Median: 13.005 vs HKSE:01310: 3.08

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.

HKBN's adjusted free cash flow per share data of for the fiscal year that ended in Aug23 was HK$1.139. 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$0.82 for the trailing ten years ended in Aug23.

Shiller PE for Stocks: The True Measure of Stock Valuation


HKBN Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for HKBN'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.

HKBN Cyclically Adjusted Price-to-FCF Chart

HKBN Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 4.60

HKBN Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 - - - 4.60 -

Competitive Comparison of HKBN's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, HKBN'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.


HKBN's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, HKBN's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



HKBN 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.

HKBN's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.52/0.82
=3.07

* 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.

HKBN's Cyclically Adjusted FCF per Share for the fiscal year that ended in Aug23 is calculated as:

For example, HKBN's adjusted Free Cash Flow per Share data for the fiscal year that ended in Aug23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Aug23 (Change)*Current CPI (Aug23)
=1.139/115.6468*115.6468
=1.139

Current CPI (Aug23) = 115.6468.

HKBN Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201408 0.529 95.090 0.643
201508 0.333 97.948 0.393
201608 0.532 102.235 0.602
201708 0.496 104.214 0.550
201808 0.641 106.633 0.695
201908 0.806 110.260 0.845
202008 1.108 109.820 1.167
202108 1.206 111.579 1.250
202208 0.911 113.668 0.927
202308 1.139 115.647 1.139

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.


HKBN  (HKSE:01310) 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.


HKBN Cyclically Adjusted Price-to-FCF Related Terms

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


HKBN (HKSE:01310) Business Description

Traded in Other Exchanges
Address
18 Kin Hong Street, 12th Floor, Trans Asia Centre, Kwai Chung, New Territories, Hong Kong, HKG
HKBN Ltd is a telecommunications company. The company derives revenue from broadband Internet services and voice services to both residential and enterprise customers. The principal activities of the Group are (i) provision of fixed telecommunications network services, international telecommunications services, and mobile services to residential and enterprise customers in Hong Kong, (ii) system integration services, (iii) product sales, and (iv) marketing and distribution of computer hardware and software, telecommunication products, office automation products and the provision of related services. The company has two segments Telecom and technology solutions (Hong Kong) and Telecom and technology solutions (non-Hong Kong) and the majority of its revenue is generated from Hong Kong.
Executives
Gic Private Limited 2102 Investment manager
Min Bryan Byungsuk 2201 Interest of corporation controlled by you
Bonderman David 2201 Interest of corporation controlled by you
Coulter James George 2201 Interest of corporation controlled by you
Kim Michael Byungju 2201 Interest of corporation controlled by you
Mbk Gp Iii, Inc. 2201 Interest of corporation controlled by you
Mbk Partners Fund Iii, L.p. 2201 Interest of corporation controlled by you
Mbk Partners Gp Iii, L.p. 2201 Interest of corporation controlled by you
Mbk Partners Jc Gp, Inc. 2201 Interest of corporation controlled by you
Mbk Partners Jc Gp, L.p. 2201 Interest of corporation controlled by you
Mbk Partners Jc, L.p. 2201 Interest of corporation controlled by you
Tpg Asia Advisors Vi, Inc. 2201 Interest of corporation controlled by you
Twin Holding Ltd 2101 Beneficial owner
Canada Pension Plan Investment Board

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