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Decisive Dividend (FRA:PC9) Cyclically Adjusted FCF per Share : €0.24 (As of Mar. 2024)


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What is Decisive Dividend 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.

Decisive Dividend's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.033. 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 €0.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Decisive Dividend's average Cyclically Adjusted FCF Growth Rate was 29.60% 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 (2024-05-25), Decisive Dividend's current stock price is €4.68. Decisive Dividend's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.24. Decisive Dividend's Cyclically Adjusted Price-to-FCF of today is 19.50.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Decisive Dividend was 31.83. The lowest was 17.21. And the median was 23.75.


Decisive Dividend Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Decisive Dividend'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.

Decisive Dividend Cyclically Adjusted FCF per Share Chart

Decisive Dividend 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 - - - - 0.24

Decisive Dividend 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 - 0.22 0.21 0.24 0.24

Competitive Comparison of Decisive Dividend's Cyclically Adjusted FCF per Share

For the Conglomerates subindustry, Decisive Dividend'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.


Decisive Dividend's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

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

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



Decisive Dividend 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, Decisive Dividend'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)
=-0.033/126.2576*126.2576
=-0.033

Current CPI (Mar. 2024) = 126.2576.

Decisive Dividend Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.007 99.473 -0.009
201409 -0.015 99.394 -0.019
201412 -0.035 98.367 -0.045
201503 0.077 99.789 0.097
201506 -0.218 100.500 -0.274
201509 -0.024 100.421 -0.030
201512 0.207 99.947 0.261
201603 0.028 101.054 0.035
201606 -0.184 102.002 -0.228
201609 0.127 101.765 0.158
201612 0.370 101.449 0.460
201703 0.132 102.634 0.162
201706 -0.069 103.029 -0.085
201709 -0.038 103.345 -0.046
201712 0.225 103.345 0.275
201803 0.060 105.004 0.072
201806 -0.177 105.557 -0.212
201809 -0.119 105.636 -0.142
201812 0.212 105.399 0.254
201903 0.114 106.979 0.135
201906 -0.074 107.690 -0.087
201909 -0.033 107.611 -0.039
201912 0.195 107.769 0.228
202003 0.118 107.927 0.138
202006 0.186 108.401 0.217
202009 0.052 108.164 0.061
202012 0.192 108.559 0.223
202103 0.138 110.298 0.158
202106 -0.039 111.720 -0.044
202109 -0.081 112.905 -0.091
202112 0.096 113.774 0.107
202203 -0.024 117.646 -0.026
202206 0.062 120.806 0.065
202209 0.144 120.648 0.151
202212 0.129 120.964 0.135
202303 -0.031 122.702 -0.032
202306 0.227 124.203 0.231
202309 -0.006 125.230 -0.006
202312 0.226 125.072 0.228
202403 -0.033 126.258 -0.033

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


Decisive Dividend  (FRA:PC9) 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.

Decisive Dividend's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.68/0.24
=19.50

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of Decisive Dividend was 31.83. The lowest was 17.21. And the median was 23.75.


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.


Decisive Dividend Cyclically Adjusted FCF per Share Related Terms

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


Decisive Dividend (FRA:PC9) Business Description

Industry
Traded in Other Exchanges
Address
No. 260 - 1855 Kirschner Road, Kelown, BC, CAN, V1Y 4N7
Decisive Dividend Corp is an acquisition-oriented company, focused on opportunities in manufacturing. The corporation's purpose is to be the sought-out choice for exiting legacy-minded business owners while supporting the long-term success of the businesses acquired, and through that, creating sustainable and growing shareholder returns. It uses a disciplined acquisition strategy to identify already profitable, well-established, high-quality manufacturing companies that have a sustainable competitive advantage, a focus on non-discretionary products, steady cash flows, growth potential and established strong leadership.

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