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Filinvest Development (PHS:FDC) Cyclically Adjusted Price-to-FCF : 3.23 (As of Jun. 01, 2024)


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What is Filinvest Development Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Filinvest Development's current share price is ₱5.40. Filinvest Development's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₱1.67. Filinvest Development's Cyclically Adjusted Price-to-FCF for today is 3.23.

The historical rank and industry rank for Filinvest Development's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

PHS:FDC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.84   Med: 7.18   Max: 153.6
Current: 3.46

During the past years, Filinvest Development's highest Cyclically Adjusted Price-to-FCF was 153.60. The lowest was 2.84. And the median was 7.18.

PHS:FDC's Cyclically Adjusted Price-to-FCF is ranked better than
91.59% of 214 companies
in the Conglomerates industry
Industry Median: 18.845 vs PHS:FDC: 3.46

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.

Filinvest Development's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₱-1.389. 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 ₱1.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Filinvest Development Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Filinvest Development'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.

Filinvest Development Cyclically Adjusted Price-to-FCF Chart

Filinvest Development 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 45.72 9.20 5.06 4.28 3.00

Filinvest Development 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 3.55 3.33 2.96 3.00 3.40

Competitive Comparison of Filinvest Development's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, Filinvest Development'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.


Filinvest Development's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

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

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



Filinvest Development 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.

Filinvest Development's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.40/1.67
=3.23

* 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.

Filinvest Development's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Filinvest Development'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)
=-1.389/131.7762*131.7762
=-1.389

Current CPI (Mar. 2024) = 131.7762.

Filinvest Development Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.055 100.560 -0.072
201409 0.246 100.428 0.323
201412 -0.909 99.070 -1.209
201503 -0.594 99.621 -0.786
201506 0.066 100.684 0.086
201509 -0.952 100.392 -1.250
201512 0.674 99.792 0.890
201603 -0.115 100.470 -0.151
201606 0.525 101.688 0.680
201609 -0.209 101.861 -0.270
201612 0.929 101.863 1.202
201703 -1.184 102.862 -1.517
201706 1.832 103.349 2.336
201709 -0.302 104.136 -0.382
201712 0.191 104.011 0.242
201803 0.585 105.290 0.732
201806 0.150 106.317 0.186
201809 0.057 106.507 0.071
201812 1.391 105.998 1.729
201903 1.411 107.251 1.734
201906 -1.949 108.070 -2.377
201909 -1.058 108.329 -1.287
201912 3.296 108.420 4.006
202003 1.416 108.902 1.713
202006 0.736 108.767 0.892
202009 3.791 109.815 4.549
202012 1.698 109.897 2.036
202103 -0.173 111.754 -0.204
202106 2.640 114.631 3.035
202109 0.650 115.734 0.740
202112 2.052 117.630 2.299
202203 -0.866 121.301 -0.941
202206 0.515 125.017 0.543
202209 -2.049 125.227 -2.156
202212 -0.359 125.222 -0.378
202303 -0.479 127.348 -0.496
202306 -0.354 128.729 -0.362
202309 0.381 129.860 0.387
202312 1.514 129.419 1.542
202403 -1.389 131.776 -1.389

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.


Filinvest Development  (PHS:FDC) 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.


Filinvest Development Cyclically Adjusted Price-to-FCF Related Terms

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


Filinvest Development (PHS:FDC) Business Description

Traded in Other Exchanges
N/A
Address
5th Avenue corner 23rd Street, 6th Floor, The Beaufort, Bonifacio Global City, Metro Manila, Taguig City, PHL, 1634
Filinvest Development Corp is a Philippines-based company which focuses on diverse business such as real estate development and leasing, hospitality operations, banking and financial services, power and utility operations, sugar cane farming, milling and sugar trading. Majority of its revenue generating operating segments are Real estate and hospitality which is involved in acquisition of land, planning and development of large-scale fully integrated residential and commercial communities; development and sale of residential and commercial lots; Sugar Operations which involves purchase of raw sugar, refined sugar and molasses from Davao Sugar Central Company, Inc. and Cotabato Sugar Central Company, Inc., subsidiaries of PSHC, and sale to third parties.

Filinvest Development (PHS:FDC) Headlines

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