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Holcim Philippines (PHS:HLCM) Cyclically Adjusted Price-to-FCF : 6.91 (As of Jun. 10, 2024)


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What is Holcim Philippines Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Holcim Philippines's current share price is ₱3.87. Holcim Philippines's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was ₱0.56. Holcim Philippines's Cyclically Adjusted Price-to-FCF for today is 6.91.

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

PHS:HLCM' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.95   Med: 9.11   Max: 23.54
Current: 6.9

During the past years, Holcim Philippines's highest Cyclically Adjusted Price-to-FCF was 23.54. The lowest was 5.95. And the median was 9.11.

PHS:HLCM's Cyclically Adjusted Price-to-FCF is not ranked
in the Building Materials industry.
Industry Median: 15.67 vs PHS:HLCM: 6.90

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.

Holcim Philippines's adjusted free cash flow per share data for the three months ended in Sep. 2023 was ₱-0.008. 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 ₱0.56 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Holcim Philippines Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Holcim Philippines'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.

Holcim Philippines Cyclically Adjusted Price-to-FCF Chart

Holcim Philippines Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.28 20.62 11.74 8.72 6.03

Holcim Philippines Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 6.22 6.03 6.69 6.88 6.90

Competitive Comparison of Holcim Philippines's Cyclically Adjusted Price-to-FCF

For the Building Materials subindustry, Holcim Philippines'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.


Holcim Philippines's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Holcim Philippines's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Holcim Philippines 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.

Holcim Philippines's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.87/0.56
=6.91

* 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.

Holcim Philippines's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Holcim Philippines's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.008/129.8595*129.8595
=-0.008

Current CPI (Sep. 2023) = 129.8595.

Holcim Philippines Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.007 98.326 -0.009
201403 0.251 99.695 0.327
201406 0.286 100.560 0.369
201409 0.034 100.428 0.044
201412 0.026 99.070 0.034
201503 0.111 99.621 0.145
201506 0.437 100.684 0.564
201509 0.134 100.392 0.173
201512 0.150 99.792 0.195
201603 0.330 100.470 0.427
201606 0.225 101.688 0.287
201609 0.374 101.861 0.477
201612 0.041 101.863 0.052
201703 0.041 102.862 0.052
201706 0.212 103.349 0.266
201709 -0.055 104.136 -0.069
201712 0.086 104.011 0.107
201803 -0.040 105.290 -0.049
201806 0.156 106.317 0.191
201809 -0.181 106.507 -0.221
201812 0.565 105.998 0.692
201903 -0.341 107.251 -0.413
201906 0.261 108.070 0.314
201909 0.244 108.329 0.292
201912 0.365 108.420 0.437
202003 0.014 108.902 0.017
202006 0.282 108.767 0.337
202009 0.128 109.815 0.151
202012 0.193 109.897 0.228
202103 0.106 111.754 0.123
202106 0.109 114.631 0.123
202109 -0.003 115.734 -0.003
202112 -0.039 117.630 -0.043
202203 -0.115 121.301 -0.123
202206 0.001 125.017 0.001
202209 0.078 125.227 0.081
202212 0.502 125.222 0.521
202303 -0.416 127.348 -0.424
202306 -0.054 128.729 -0.054
202309 -0.008 129.860 -0.008

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.


Holcim Philippines  (PHS:HLCM) 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.


Holcim Philippines Cyclically Adjusted Price-to-FCF Related Terms

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


Holcim Philippines (PHS:HLCM) Business Description

Traded in Other Exchanges
N/A
Address
7th Floor, Two World Square, McKinley Hill, Fort Bonifacio, Taguig City, PHL, 1634
Holcim Philippines Inc is a cement manufacturer. The company manufactures, sells and distributes cement and clinker, along with it also provides aggregates, concrete and construction related services. The company's product line includes xcement, dry mix mortar products, clinker, and ready mix concrete. Its cement brands are Holcim Premium (Type 1 portland cement), Holcim 4X (Type 1 high-performance Portland cement), Holcim Excel (Type 1P blended cement), and Holcim WallRight (Type S Masonry cement). Its assets include four production facilities, one cement grinding mill, five ports, and various storage and distribution points.

Holcim Philippines (PHS:HLCM) Headlines

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