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Ernest Borel Holdings (HKSE:01856) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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What is Ernest Borel Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ernest Borel Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ernest Borel 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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Ernest Borel Holdings Cyclically Adjusted Price-to-FCF Chart

Ernest Borel Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Ernest Borel Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Ernest Borel Holdings's Cyclically Adjusted Price-to-FCF

For the Luxury Goods subindustry, Ernest Borel 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.


Ernest Borel Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

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



Ernest Borel 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.

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

For example, Ernest Borel 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)
=-0.036/117.2957*117.2957
=-0.036

Current CPI (Dec23) = 117.2957.

Ernest Borel Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.116 99.707 -0.136
201512 -0.221 102.015 -0.254
201612 -0.035 103.225 -0.040
201712 -0.098 104.984 -0.109
201812 -0.018 107.622 -0.020
201912 0.010 110.700 0.011
202012 -0.080 109.711 -0.086
202112 -0.012 112.349 -0.013
202212 -0.012 114.548 -0.012
202312 -0.036 117.296 -0.036

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.


Ernest Borel Holdings  (HKSE:01856) 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.


Ernest Borel Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Ernest Borel Holdings (HKSE:01856) Business Description

Traded in Other Exchanges
N/A
Address
193 Prince Edward Road West, Unit 1612-18, Level 16, Tower 1, Grand Century Place, Mongkok, Kowloon, Hong Kong, HKG
Ernest Borel Holdings Ltd is an investment holding company principally engaged in the design, manufacture, marketing, and sales of Swiss-made mechanical and quartz premium watches for men and women. Its collection of watches includes Royal, Braque, Jules, Borel, Retro, Cocktail, Galaxy, Cosmic, Heritage, Heartful, and other collections. Its geographical segments are China, Hong Kong, and Macau, and Others (mainly in Southeast Asia and Europe).
Executives
Citychamp Watch & Jewellery Group Limited 2201 Interest of corporation controlled by you
Full Day Limited 2201 Interest of corporation controlled by you
Sincere View International Limited 2501 Other
Vgb Limited 2101 Beneficial owner
Hon Kwok Lung 2201 Interest of corporation controlled by you
Lam Suk Ying 2201 Interest of corporation controlled by you
Xiong Wei 2202 Interest of your spouse
Xu Hong 2201 Interest of corporation controlled by you

Ernest Borel Holdings (HKSE:01856) Headlines

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