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Petrovietnam Construction (HSTC:PVX) Cyclically Adjusted FCF per Share : ₫-467.60 (As of Mar. 2024)


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What is Petrovietnam Construction Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Petrovietnam Construction's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₫-151.480. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ₫-467.60 for the trailing ten years ended in Mar. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-06-01), Petrovietnam Construction's current stock price is ₫2300.00. Petrovietnam Construction's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₫-467.60. Petrovietnam Construction's Cyclically Adjusted Price-to-FCF of today is .


Petrovietnam Construction Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Petrovietnam Construction's Cyclically Adjusted FCF per Share 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.

Petrovietnam Construction Cyclically Adjusted FCF per Share Chart

Petrovietnam Construction Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -262.74 -196.01 -219.50

Petrovietnam Construction Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 -237.35 -238.92 -217.58 -219.50 -467.60

Competitive Comparison of Petrovietnam Construction's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, Petrovietnam Construction'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.


Petrovietnam Construction's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Petrovietnam Construction's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Petrovietnam Construction Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Petrovietnam Construction'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)
=-151.48/131.7762*131.7762
=-151.480

Current CPI (Mar. 2024) = 131.7762.

Petrovietnam Construction Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -3,348.567 100.560 -4,388.063
201409 481.907 100.428 632.334
201412 3,319.635 99.070 4,415.567
201503 1,854.116 99.621 2,452.576
201506 -4,661.133 100.684 -6,100.542
201509 -1,248.449 100.392 -1,638.743
201512 883.155 99.792 1,166.209
201603 -329.658 100.470 -432.377
201606 633.283 101.688 820.663
201609 479.306 101.861 620.072
201612 294.058 101.863 380.413
201703 -1,736.530 102.862 -2,224.659
201706 502.796 103.349 641.095
201709 -434.709 104.136 -550.093
201712 -497.469 104.011 -630.265
201803 -904.784 105.290 -1,132.392
201806 56.145 106.317 69.590
201809 1,185.515 106.507 1,466.787
201812 331.677 105.998 412.340
201903 -422.542 107.251 -519.168
201906 -13.116 108.070 -15.993
201909 -122.153 108.329 -148.592
201912 -142.854 108.420 -173.628
202003 -285.186 108.902 -345.089
202006 235.744 108.767 285.614
202009 -25.325 109.815 -30.390
202012 -248.160 109.897 -297.566
202103 163.427 111.754 192.706
202106 254.399 114.631 292.448
202109 -18.475 115.734 -21.036
202112 139.270 117.630 156.019
202203 -124.042 121.301 -134.754
202206 -269.681 125.017 -284.262
202209 444.481 125.227 467.729
202212 427.122 125.222 449.479
202303 -401.440 127.348 -415.400
202306 -50.450 128.729 -51.644
202309 168.266 129.860 170.750
202312 -80.778 129.419 -82.249
202403 -151.480 131.776 -151.480

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Petrovietnam Construction  (HSTC:PVX) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Petrovietnam Construction Cyclically Adjusted FCF per Share Related Terms

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


Petrovietnam Construction (HSTC:PVX) Business Description

Traded in Other Exchanges
N/A
Address
Pham Hung Street, CEO Building, Lot HH2, New Urban Me Tri Ha, Tu Liem, Hanoi, VNM
Petrovietnam Construction Corp is a Vietnam based construction company. It is engaged in the construction of power plants, refineries, transport and storage facilities, civil projects such as plazas, business centers, and hotels. The company's business lines include Petroleum-specialized construction and installation, Industrial Construction, Civil Construction, and Industrial production.

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