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Ghandhara Industries (KAR:GHNI) Cyclically Adjusted FCF per Share : ₨-1.49 (As of Mar. 2024)


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What is Ghandhara Industries 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.

Ghandhara Industries's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₨23.718. 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 ₨-1.49 for the trailing ten years ended in Mar. 2024.

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 (2024-06-08), Ghandhara Industries's current stock price is ₨265.94. Ghandhara Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₨-1.49. Ghandhara Industries's Cyclically Adjusted Price-to-FCF of today is .


Ghandhara Industries Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ghandhara Industries'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.

Ghandhara Industries Cyclically Adjusted FCF per Share Chart

Ghandhara Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -3.68

Ghandhara Industries 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 -7.16 -3.68 -2.03 -3.65 -1.49

Competitive Comparison of Ghandhara Industries's Cyclically Adjusted FCF per Share

For the Auto Manufacturers subindustry, Ghandhara Industries'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.


Ghandhara Industries's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ghandhara Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ghandhara Industries 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, Ghandhara Industries'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)
=23.718/131.7762*131.7762
=23.718

Current CPI (Mar. 2024) = 131.7762.

Ghandhara Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 3.944 100.560 5.168
201409 -2.947 100.428 -3.867
201412 -4.964 99.070 -6.603
201503 10.753 99.621 14.224
201506 20.348 100.684 26.632
201509 -13.170 100.392 -17.287
201512 -19.813 99.792 -26.163
201603 16.722 100.470 21.932
201606 28.291 101.688 36.662
201609 -27.801 101.861 -35.966
201612 -41.239 101.863 -53.349
201703 0.817 102.862 1.047
201706 64.024 103.349 81.634
201709 -20.006 104.136 -25.316
201712 -40.474 104.011 -51.278
201803 -15.495 105.290 -19.393
201806 8.720 106.317 10.808
201809 -47.968 106.507 -59.349
201812 -66.425 105.998 -82.579
201903 -12.384 107.251 -15.216
201906 70.992 108.070 86.565
201909 -17.852 108.329 -21.716
201912 1.203 108.420 1.462
202003 2.578 108.902 3.120
202006 5.776 108.767 6.998
202009 74.834 109.815 89.800
202012 3.289 109.897 3.944
202103 3.508 111.754 4.136
202106 9.081 114.631 10.439
202109 -29.350 115.734 -33.418
202112 -17.506 117.630 -19.611
202203 -10.044 121.301 -10.911
202206 20.152 125.017 21.242
202209 -19.726 125.227 -20.758
202212 5.806 125.222 6.110
202303 -0.439 127.348 -0.454
202306 33.747 128.729 34.546
202309 12.011 129.860 12.188
202312 -13.820 129.419 -14.072
202403 23.718 131.776 23.718

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


Ghandhara Industries  (KAR:GHNI) 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.


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.


Ghandhara Industries Cyclically Adjusted FCF per Share Related Terms

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


Ghandhara Industries (KAR:GHNI) Business Description

Traded in Other Exchanges
N/A
Address
F-3, Hub Chowki Road, S.I.T.E, P.O. Box No. 2706, Karachi, SD, PAK, 75730
Ghandhara Industries Ltd is a Pakistan based company. It is engaged in the manufacturing, assembly and marketing of Isuzu DMAX Pickups, ISUZU Trucks, Bus Chassis and fabrication of Bus and Load bodies. Its products include Rigid Truck & Prime Mover, Hi- spark single cab, Microbus, Pickup, cross crew cab, lander single cab, Light Commercial Vehicles and others.

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