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Tsit Wing International Holdings (HKSE:02119) Cyclically Adjusted Price-to-FCF : 29.50 (As of Jun. 09, 2024)


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What is Tsit Wing International Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Tsit Wing International Holdings's current share price is HK$0.59. Tsit Wing International Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.02. Tsit Wing International Holdings's Cyclically Adjusted Price-to-FCF for today is 29.50.

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

HKSE:02119' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19   Med: 27.67   Max: 188
Current: 25.36

During the past 13 years, Tsit Wing International Holdings's highest Cyclically Adjusted Price-to-FCF was 188.00. The lowest was 19.00. And the median was 27.67.

HKSE:02119's Cyclically Adjusted Price-to-FCF is ranked worse than
63.46% of 52 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 21.94 vs HKSE:02119: 25.36

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.

Tsit Wing International Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.146. 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$0.02 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tsit Wing International Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tsit Wing International 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.

* Premium members only.

Tsit Wing International Holdings Cyclically Adjusted Price-to-FCF Chart

Tsit Wing International Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.28 20.89 29.01 27.76 24.93

Tsit Wing International Holdings Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 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 29.01 - 27.76 - 24.93

Competitive Comparison of Tsit Wing International Holdings's Cyclically Adjusted Price-to-FCF

For the Beverages - Non-Alcoholic subindustry, Tsit Wing International 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.


Tsit Wing International Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Tsit Wing International Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Tsit Wing International Holdings's Cyclically Adjusted Price-to-FCF falls into.



Tsit Wing International 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.

Tsit Wing International Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.59/0.02
=29.50

* 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.

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

For example, Tsit Wing International 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)
=0.146/117.2957*117.2957
=0.146

Current CPI (Dec23) = 117.2957.

Tsit Wing International Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201012 -0.290 83.217 -0.409
201112 -0.126 87.944 -0.168
201212 0.090 91.132 0.116
201712 0.047 104.984 0.053
201812 0.109 107.622 0.119
201912 0.214 110.700 0.227
202012 0.096 109.711 0.103
202112 0.092 112.349 0.096
202212 -0.048 114.548 -0.049
202312 0.146 117.296 0.146

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.


Tsit Wing International Holdings  (HKSE:02119) 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.


Tsit Wing International Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Tsit Wing International Holdings (HKSE:02119) Business Description

Traded in Other Exchanges
N/A
Address
15–33 Kwai Tak Street, Flats F-J, 11th Floor, Block 1, Kwai Tak Industrial Centre, Kwai Chung, New Territories, Hong Kong, HKG
Tsit Wing International Holdings Ltd is an investment holding company engaged in the processing and sale of coffee, tea, and complementary products, sale of frozen processed food, sale and rental of coffee and tea machines, and food and beverage store operation. It has two operating segments: Beverage Solutions and Food Products. It derives majority revenue from the Beverage segment that processes and distributes coffee, tea and related complementary products, sells food and beverages, coffee machines and other related products, operates food and beverage stores and leases coffee and tea machines. The Group offers frozen food to renowned brands under its frozen food brand Papa Chef. The company operates in Hong Kong, Mainland China, and other countries with majority revenue from Hongkong.
Executives
Hero Asia Company Limited 2101 Beneficial owner
Li Ying Wah Irene 2202 Interest of your spouse
Wong Tat Tong
Hero Valour Limited 2401 A concert party to an agreement to buy shares
Dah Chong Hong Food International Holdings Limited 2101 Beneficial owner
Citic Group Corporation 2201 Interest of corporation controlled by you
Citic Limited 2201 Interest of corporation controlled by you

Tsit Wing International Holdings (HKSE:02119) Headlines

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