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CIC Holdings (COL:CIC.N0000) Cyclically Adjusted FCF per Share : රු1.68 (As of Dec. 2023)


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What is CIC Holdings 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.

CIC Holdings's adjusted free cash flow per share for the three months ended in Dec. 2023 was රු6.111. 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 රු1.68 for the trailing ten years ended in Dec. 2023.

During the past 12 months, CIC Holdings's average Cyclically Adjusted FCF Growth Rate was 200.00% 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.

As of today (2024-06-02), CIC Holdings's current stock price is රු77.20. CIC Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was රු1.68. CIC Holdings's Cyclically Adjusted Price-to-FCF of today is 45.95.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CIC Holdings was 400.00. The lowest was 35.71. And the median was 77.72.


CIC Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for CIC Holdings'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.

CIC Holdings Cyclically Adjusted FCF per Share Chart

CIC Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.51 0.79

CIC Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.56 0.79 1.03 0.82 1.68

Competitive Comparison of CIC Holdings's Cyclically Adjusted FCF per Share

For the Conglomerates subindustry, CIC Holdings'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.


CIC Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

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

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



CIC Holdings 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, CIC Holdings's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6.111/129.4194*129.4194
=6.111

Current CPI (Dec. 2023) = 129.4194.

CIC Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 6.670 99.695 8.659
201406 -1.644 100.560 -2.116
201409 2.505 100.428 3.228
201412 0.248 99.070 0.324
201503 -0.061 99.621 -0.079
201506 -0.283 100.684 -0.364
201509 -1.834 100.392 -2.364
201512 1.786 99.792 2.316
201603 -7.208 100.470 -9.285
201606 -3.778 101.688 -4.808
201609 -1.308 101.861 -1.662
201612 -2.218 101.863 -2.818
201703 2.081 102.862 2.618
201706 2.150 103.349 2.692
201709 -0.731 104.136 -0.908
201712 -0.396 104.011 -0.493
201803 -1.092 105.290 -1.342
201806 -0.825 106.317 -1.004
201809 -1.084 106.507 -1.317
201812 -2.561 105.998 -3.127
201903 -3.817 107.251 -4.606
201906 -1.295 108.070 -1.551
201909 -1.374 108.329 -1.641
201912 2.625 108.420 3.133
202003 0.325 108.902 0.386
202006 5.114 108.767 6.085
202009 6.671 109.815 7.862
202012 8.723 109.897 10.273
202103 -0.386 111.754 -0.447
202106 -4.378 114.631 -4.943
202109 -1.604 115.734 -1.794
202112 7.055 117.630 7.762
202203 3.062 121.301 3.267
202206 -12.653 125.017 -13.099
202209 1.370 125.227 1.416
202212 11.987 125.222 12.389
202303 2.327 127.348 2.365
202306 0.188 128.729 0.189
202309 -4.562 129.860 -4.547
202312 6.111 129.419 6.111

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


CIC Holdings  (COL:CIC.N0000) 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.

CIC Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=77.20/1.68
=45.95

* 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 CIC Holdings was 400.00. The lowest was 35.71. And the median was 77.72.


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.


CIC Holdings Cyclically Adjusted FCF per Share Related Terms

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


CIC Holdings (COL:CIC.N0000) Business Description

Industry
Traded in Other Exchanges
Address
199, Kew Road, Colombo, LKA, 02
CIC Holdings PLC carries on the business of merchandising and manufacturing as its principal activities. The group has five strategic divisions which are its reportable segments, namely Crop solutions, Agri Produce, Lives Stock Solutions, Industrial Solutions, and Health and Personal care. Geographically, it generates the majority of the revenue from Srilanka and also exports to other countries.

CIC Holdings (COL:CIC.N0000) Headlines

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