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Dubai Investments PJSC (DFM:DIC) Cyclically Adjusted FCF per Share : د.إ0.15 (As of Mar. 2024)


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What is Dubai Investments PJSC 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.

Dubai Investments PJSC's adjusted free cash flow per share for the three months ended in Mar. 2024 was د.إ0.031. 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 د.إ0.15 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 35.70% 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 Dubai Investments PJSC was 35.70% per year. The lowest was 35.70% per year. And the median was 35.70% per year.

As of today (2024-05-17), Dubai Investments PJSC's current stock price is د.إ2.17. Dubai Investments PJSC's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was د.إ0.15. Dubai Investments PJSC's Cyclically Adjusted Price-to-FCF of today is 14.47.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Dubai Investments PJSC was 29.40. The lowest was 13.81. And the median was 17.36.


Dubai Investments PJSC Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Dubai Investments PJSC'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.

Dubai Investments PJSC Cyclically Adjusted FCF per Share Chart

Dubai Investments PJSC 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 - 0.06 0.12 0.14 0.15

Dubai Investments PJSC 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 0.14 0.14 0.16 0.15 0.15

Competitive Comparison of Dubai Investments PJSC's Cyclically Adjusted FCF per Share

For the Conglomerates subindustry, Dubai Investments PJSC'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.


Dubai Investments PJSC's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

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

* The bar in red indicates where Dubai Investments PJSC's Cyclically Adjusted Price-to-FCF falls into.



Dubai Investments PJSC 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, Dubai Investments PJSC'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)
=0.031/131.7762*131.7762
=0.031

Current CPI (Mar. 2024) = 131.7762.

Dubai Investments PJSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.021 100.560 0.028
201409 0.063 100.428 0.083
201412 0.057 99.070 0.076
201503 0.096 99.621 0.127
201506 0.040 100.684 0.052
201509 0.037 100.392 0.049
201512 0.017 99.792 0.022
201603 0.038 100.470 0.050
201606 0.028 101.688 0.036
201609 0.018 101.861 0.023
201612 0.059 101.863 0.076
201703 -0.025 102.862 -0.032
201706 0.024 103.349 0.031
201709 -0.051 104.136 -0.065
201712 0.028 104.011 0.035
201803 0.018 105.290 0.023
201806 0.022 106.317 0.027
201809 -0.043 106.507 -0.053
201812 0.008 105.998 0.010
201903 0.006 107.251 0.007
201906 0.008 108.070 0.010
201909 -0.012 108.329 -0.015
201912 0.021 108.420 0.026
202003 0.032 108.902 0.039
202006 0.010 108.767 0.012
202009 0.028 109.815 0.034
202012 0.047 109.897 0.056
202103 0.060 111.754 0.071
202106 0.038 114.631 0.044
202109 0.049 115.734 0.056
202112 0.038 117.630 0.043
202203 0.044 121.301 0.048
202206 0.072 125.017 0.076
202209 0.032 125.227 0.034
202212 0.013 125.222 0.014
202303 0.046 127.348 0.048
202306 0.043 128.729 0.044
202309 0.140 129.860 0.142
202312 0.054 129.419 0.055
202403 0.031 131.776 0.031

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


Dubai Investments PJSC  (DFM:DIC) 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.

Dubai Investments PJSC's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.17/0.15
=14.47

* 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 Dubai Investments PJSC was 29.40. The lowest was 13.81. And the median was 17.36.


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.


Dubai Investments PJSC Cyclically Adjusted FCF per Share Related Terms

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


Dubai Investments PJSC (DFM:DIC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Dubai Investments Park, P.O. Box 28171, Jebel Ali, Dubai, ARE
Dubai Investments PJSC is an investment company with a focus in real estate, manufacturing, industrial, and financial investments across the Middle East. The operations are divided into three segments: The property segment develops real estate for sale and leasing. The manufacturing, contracting, and Services segment manufactures and sells materials used in construction projects, executing construction contracts, production of raw and architectural glass, pharmaceutical products, cooling services, production, aluminium extruded products, laboratory furniture, healthcare, and education. The investments segment includes strategic minority investments in associates, investment banking, asset management and financial investments.

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