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Haier Smart Home Co (HKSE:06690) Cyclically Adjusted Price-to-FCF : 21.07 (As of Jun. 05, 2024)


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What is Haier Smart Home Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), Haier Smart Home Co's current share price is HK$29.50. Haier Smart Home Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was HK$1.40. Haier Smart Home Co's Cyclically Adjusted Price-to-FCF for today is 21.07.

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

HKSE:06690' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.71   Med: 16.3   Max: 27.92
Current: 21.15

During the past years, Haier Smart Home Co's highest Cyclically Adjusted Price-to-FCF was 27.92. The lowest was 10.71. And the median was 16.30.

HKSE:06690's Cyclically Adjusted Price-to-FCF is ranked worse than
55.43% of 184 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 17.805 vs HKSE:06690: 21.15

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.

Haier Smart Home Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was HK$-0.036. 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$1.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Haier Smart Home Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Haier Smart Home Co'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.

Haier Smart Home Co Cyclically Adjusted Price-to-FCF Chart

Haier Smart Home Co 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 15.95 23.28 22.34 17.56 14.49

Haier Smart Home Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 16.74 17.31 17.02 14.49 17.50

Competitive Comparison of Haier Smart Home Co's Cyclically Adjusted Price-to-FCF

For the Furnishings, Fixtures & Appliances subindustry, Haier Smart Home Co'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.


Haier Smart Home Co's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Haier Smart Home Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Haier Smart Home Co's Cyclically Adjusted Price-to-FCF falls into.



Haier Smart Home Co 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.

Haier Smart Home Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=29.50/1.4
=21.07

* 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.

Haier Smart Home Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Haier Smart Home Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.036/115.2271*115.2271
=-0.036

Current CPI (Mar. 2024) = 115.2271.

Haier Smart Home Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.170 98.200 0.199
201409 0.249 98.900 0.290
201412 0.125 99.000 0.145
201503 0.257 99.900 0.296
201506 -0.106 99.500 -0.123
201509 -0.235 100.500 -0.269
201512 0.694 100.600 0.795
201603 0.109 102.200 0.123
201606 0.612 101.400 0.695
201609 -0.160 102.400 -0.180
201612 0.475 102.600 0.533
201703 0.940 103.200 1.050
201706 0.312 103.100 0.349
201709 1.441 104.100 1.595
201712 0.117 104.500 0.129
201803 0.081 105.300 0.089
201806 0.455 104.900 0.500
201809 0.706 106.600 0.763
201812 0.979 106.500 1.059
201903 -0.029 107.700 -0.031
201906 0.033 107.700 0.035
201909 0.571 109.800 0.599
201912 0.802 111.200 0.831
202003 -1.240 112.300 -1.272
202006 0.605 110.400 0.631
202009 0.725 111.700 0.748
202012 1.562 111.500 1.614
202103 0.150 112.662 0.153
202106 0.523 111.769 0.539
202109 0.416 112.215 0.427
202112 0.976 113.108 0.994
202203 -0.079 114.335 -0.080
202206 0.399 114.558 0.401
202209 0.352 115.339 0.352
202212 0.776 115.116 0.777
202303 -0.051 115.116 -0.051
202306 0.413 114.558 0.415
202309 0.459 115.339 0.459
202312 0.966 114.781 0.970
202403 -0.036 115.227 -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.


Haier Smart Home Co  (HKSE:06690) 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.


Haier Smart Home Co Cyclically Adjusted Price-to-FCF Related Terms

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


Haier Smart Home Co (HKSE:06690) Business Description

Traded in Other Exchanges
Address
Haier Industrial Park, Laoshan District, Shandong Province, Qingdao, CHN, 266101
Haier Smart Home Co Ltd manufactures and distributes household electrical appliances. It offers products such as refrigerators, air conditioners, washing machine, microwave ovens, smoke exhausters, gas stoves, dishwashers, electrical water heaters and others under the brand name Haier, Casarte, Leader, AQUA and Fisher & Paykel. The company has three business segments namely China smart home business: Overseas home appliance and smart home business segment Other business segments. The products of the group are traded in mainland China and in other overseas markets including Hong Kong, Macau, and Taiwan.
Executives
Jpmorgan Chase & Co. 2502 Approved lending agent
Citigroup Inc. 2502 Approved lending agent
Blackrock, Inc. 2201 Interest of corporation controlled by you
Haier (hk) Investment Co., Limited 2201 Interest of corporation controlled by you
Haier Group Corporation 2201 Interest of corporation controlled by you
Hch (hk) Investment Management Co., Limited 2101 Beneficial owner

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