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Hong Leong Bank Bhd (XKLS:5819) Cyclically Adjusted Price-to-FCF : 7.58 (As of Jun. 08, 2024)


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What is Hong Leong Bank Bhd Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Hong Leong Bank Bhd's current share price is RM19.40. Hong Leong Bank Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was RM2.56. Hong Leong Bank Bhd's Cyclically Adjusted Price-to-FCF for today is 7.58.

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

XKLS:5819' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.18   Med: 8.34   Max: 11.55
Current: 7.57

During the past years, Hong Leong Bank Bhd's highest Cyclically Adjusted Price-to-FCF was 11.55. The lowest was 7.18. And the median was 8.34.

XKLS:5819's Cyclically Adjusted Price-to-FCF is ranked worse than
52.11% of 829 companies
in the Banks industry
Industry Median: 7.33 vs XKLS:5819: 7.57

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.

Hong Leong Bank Bhd's adjusted free cash flow per share data for the three months ended in Mar. 2024 was RM1.385. 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 RM2.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hong Leong Bank Bhd Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hong Leong Bank Bhd'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.

Hong Leong Bank Bhd Cyclically Adjusted Price-to-FCF Chart

Hong Leong Bank Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 7.73 9.02 9.15 7.75

Hong Leong Bank Bhd 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 8.36 7.75 7.97 8.08 7.56

Competitive Comparison of Hong Leong Bank Bhd's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Hong Leong Bank Bhd'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.


Hong Leong Bank Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hong Leong Bank Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hong Leong Bank Bhd's Cyclically Adjusted Price-to-FCF falls into.



Hong Leong Bank Bhd 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.

Hong Leong Bank Bhd's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.40/2.56
=7.58

* 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.

Hong Leong Bank Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hong Leong Bank Bhd'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)
=1.385/131.7762*131.7762
=1.385

Current CPI (Mar. 2024) = 131.7762.

Hong Leong Bank Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.060 100.560 1.389
201409 -1.032 100.428 -1.354
201412 -0.625 99.070 -0.831
201503 -0.766 99.621 -1.013
201506 0.385 100.684 0.504
201509 1.478 100.392 1.940
201512 -0.416 99.792 -0.549
201603 2.829 100.470 3.710
201606 1.999 101.688 2.590
201609 -1.141 101.861 -1.476
201612 1.420 101.863 1.837
201703 2.055 102.862 2.633
201706 0.509 103.349 0.649
201709 -0.037 104.136 -0.047
201712 1.251 104.011 1.585
201803 -2.003 105.290 -2.507
201806 -0.200 106.317 -0.248
201809 1.680 106.507 2.079
201812 1.423 105.998 1.769
201903 -3.630 107.251 -4.460
201906 -0.187 108.070 -0.228
201909 0.530 108.329 0.645
201912 1.184 108.420 1.439
202003 2.746 108.902 3.323
202006 0.426 108.767 0.516
202009 1.456 109.815 1.747
202012 0.052 109.897 0.062
202103 0.872 111.754 1.028
202106 0.842 114.631 0.968
202109 0.675 115.734 0.769
202112 1.844 117.630 2.066
202203 0.006 121.301 0.007
202206 -0.701 125.017 -0.739
202209 2.526 125.227 2.658
202212 -0.654 125.222 -0.688
202303 1.160 127.348 1.200
202306 0.604 128.729 0.618
202309 1.184 129.860 1.201
202312 -0.522 129.419 -0.532
202403 1.385 131.776 1.385

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.


Hong Leong Bank Bhd  (XKLS:5819) 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.


Hong Leong Bank Bhd Cyclically Adjusted Price-to-FCF Related Terms

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


Hong Leong Bank Bhd (XKLS:5819) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.6, Jalan Damanlela, Level 30, Menara Hong Leong, Bukit, Damansara, Kuala Lumpur, MYS, 50490
Hong Leong Bank Bhd is based primarily in Malaysia with a regional presence in other Southeast Asian countries, Hong Kong, and mainland China. The bank's strategy emphasizes technology while offering diverse financial products to its Islamic target base. Its services include personal financial services, business, and corporate banking, trade finance, treasury, branch and transaction banking, wealth management, investment banking, and Islamic financial services. A majority of the bank's earning assets are loans, advances, and financing. Net interest income constitutes the bulk of the bank's income generation. Most of its revenue is derived from personal financial services.

Hong Leong Bank Bhd (XKLS:5819) Headlines

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