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CP All PCL (SGX:TCPD) Cyclically Adjusted FCF per Share : S$0.13 (As of Mar. 2024)


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What is CP All PCL 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.

CP All PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was S$0.018. 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 S$0.13 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CP All PCL's average Cyclically Adjusted FCF Growth Rate was 27.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 17.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.50% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of CP All PCL was 17.60% per year. The lowest was 10.60% per year. And the median was 13.20% per year.

As of today (2024-06-07), CP All PCL's current stock price is S$2.15. CP All PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was S$0.13. CP All PCL's Cyclically Adjusted Price-to-FCF of today is 16.54.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CP All PCL was 57.84. The lowest was 15.43. And the median was 35.96.


CP All PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for CP All PCL'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.

CP All PCL Cyclically Adjusted FCF per Share Chart

CP All PCL 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 - - - - 0.13

CP All PCL 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 - 0.11 0.12 0.13 0.13

Competitive Comparison of CP All PCL's Cyclically Adjusted FCF per Share

For the Grocery Stores subindustry, CP All PCL'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.


CP All PCL's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, CP All PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where CP All PCL's Cyclically Adjusted Price-to-FCF falls into.



CP All PCL 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, CP All PCL'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)
=0.018/131.7762*131.7762
=0.018

Current CPI (Mar. 2024) = 131.7762.

CP All PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.006 100.560 0.008
201409 0.018 100.428 0.024
201412 0.040 99.070 0.053
201503 -0.002 99.621 -0.003
201506 0.005 100.684 0.007
201509 0.020 100.392 0.026
201512 0.037 99.792 0.049
201603 0.002 100.470 0.003
201606 0.016 101.688 0.021
201609 0.029 101.861 0.038
201612 0.034 101.863 0.044
201703 0.007 102.862 0.009
201706 0.015 103.349 0.019
201709 0.058 104.136 0.073
201712 0.048 104.011 0.061
201803 0.015 105.290 0.019
201806 0.013 106.317 0.016
201809 0.031 106.507 0.038
201812 0.059 105.998 0.073
201903 0.017 107.251 0.021
201906 0.021 108.070 0.026
201909 0.017 108.329 0.021
201912 0.056 108.420 0.068
202003 0.014 108.902 0.017
202006 -0.013 108.767 -0.016
202009 0.042 109.815 0.050
202012 0.064 109.897 0.077
202103 0.012 111.754 0.014
202106 0.019 114.631 0.022
202109 0.004 115.734 0.005
202112 0.092 117.630 0.103
202203 0.008 121.301 0.009
202206 0.045 125.017 0.047
202209 -0.002 125.227 -0.002
202212 0.118 125.222 0.124
202303 -0.015 127.348 -0.016
202306 0.040 128.729 0.041
202309 0.093 129.860 0.094
202312 0.127 129.419 0.129
202403 0.018 131.776 0.018

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


CP All PCL  (SGX:TCPD) 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.

CP All PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.15/0.13
=16.54

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CP All PCL was 57.84. The lowest was 15.43. And the median was 35.96.


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.


CP All PCL Cyclically Adjusted FCF per Share Related Terms

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


CP All PCL (SGX:TCPD) Business Description

Industry
Address
Silom Road, 313 C.P. Tower, 24th Floor, Kwang Silom, Khet Bang Rak, Bangkok, THA, 10500
CP All PCL is the sole operator of 7-Eleven convenience stores in Thailand. Almost half of the stores are located in Bangkok and its vicinities, with the remaining located in provincial areas. The company also operates other related businesses, such as bill payment collection services, manufacturing and sale of convenience food and bakery products, sale and maintenance of retail equipment, payment for products and services, information technology services, logistics services, marketing services, educational institution, and training and business seminar services, including catalog sales and e-commerce businesses. CP All has four reportable segments: convenience stores, wholesale, retail and mall, and others.

CP All PCL (SGX:TCPD) Headlines

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