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Asian Terminals (PHS:ATI) Cyclically Adjusted FCF per Share : ₱1.32 (As of Mar. 2024)


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What is Asian Terminals 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.

Asian Terminals's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₱0.146. 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 ₱1.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Asian Terminals's average Cyclically Adjusted FCF Growth Rate was 10.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.40% 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 Asian Terminals was 10.90% per year. The lowest was 1.70% per year. And the median was 7.00% per year.

As of today (2024-06-04), Asian Terminals's current stock price is ₱19.00. Asian Terminals's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₱1.32. Asian Terminals's Cyclically Adjusted Price-to-FCF of today is 14.39.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Asian Terminals was 21.60. The lowest was 8.70. And the median was 14.14.


Asian Terminals Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Asian Terminals'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.

Asian Terminals Cyclically Adjusted FCF per Share Chart

Asian Terminals 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 0.94 0.96 1.02 1.15 1.31

Asian Terminals 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 1.20 1.61 1.68 1.31 1.32

Competitive Comparison of Asian Terminals's Cyclically Adjusted FCF per Share

For the Marine Shipping subindustry, Asian Terminals'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.


Asian Terminals's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Asian Terminals's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Asian Terminals 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, Asian Terminals'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)
=0.146/131.7762*131.7762
=0.146

Current CPI (Mar. 2024) = 131.7762.

Asian Terminals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.321 100.560 0.421
201409 0.261 100.428 0.342
201412 0.269 99.070 0.358
201503 0.342 99.621 0.452
201506 0.112 100.684 0.147
201509 0.181 100.392 0.238
201512 0.359 99.792 0.474
201603 0.305 100.470 0.400
201606 0.563 101.688 0.730
201609 0.468 101.861 0.605
201612 0.304 101.863 0.393
201703 0.304 102.862 0.389
201706 0.561 103.349 0.715
201709 0.390 104.136 0.494
201712 0.079 104.011 0.100
201803 0.115 105.290 0.144
201806 0.313 106.317 0.388
201809 0.262 106.507 0.324
201812 0.110 105.998 0.137
201903 0.595 107.251 0.731
201906 0.004 108.070 0.005
201909 0.181 108.329 0.220
201912 -0.395 108.420 -0.480
202003 0.116 108.902 0.140
202006 0.104 108.767 0.126
202009 0.246 109.815 0.295
202012 0.170 109.897 0.204
202103 0.097 111.754 0.114
202106 0.271 114.631 0.312
202109 0.171 115.734 0.195
202112 0.312 117.630 0.350
202203 0.271 121.301 0.294
202206 0.478 125.017 0.504
202209 0.196 125.227 0.206
202212 0.596 125.222 0.627
202303 0.519 127.348 0.537
202306 0.389 128.729 0.398
202309 0.685 129.860 0.695
202312 0.324 129.419 0.330
202403 0.146 131.776 0.146

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


Asian Terminals  (PHS:ATI) 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.

Asian Terminals's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=19.00/1.32
=14.39

* 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 Asian Terminals was 21.60. The lowest was 8.70. And the median was 14.14.


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.


Asian Terminals Cyclically Adjusted FCF per Share Related Terms

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


Asian Terminals (PHS:ATI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
A. Bonifacio Drive, Port Area, Manila, PHL, 1018
Asian Terminals Inc is in the operation and management of port terminals in the Philippines. It operates the manila south harbor, port of Batangas, port of General Santos, and off-dock container guards in sta mesa, manila, and Calamba City, laguna. The terminals handle containerized and non-containerized cargoes, bulk, and break-bulk cargoes, roll-on/roll-off shipment, and passenger services. The company derives the majority of its revenues from South Harbor international non-containerized cargo, the Batangas container terminal, and the port of Batangas.

Asian Terminals (PHS:ATI) Headlines