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House of Investments (PHS:HI) Cyclically Adjusted FCF per Share : ₱-1.29 (As of Mar. 2024)


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What is House of Investments 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.

House of Investments's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₱-0.958. 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 ₱-1.29 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -17.70% 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 House of Investments was -17.70% per year. The lowest was -41.10% per year. And the median was -29.40% per year.

As of today (2024-05-24), House of Investments's current stock price is ₱3.43. House of Investments's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₱-1.29. House of Investments's Cyclically Adjusted Price-to-FCF of today is .


House of Investments Cyclically Adjusted FCF per Share Historical Data

The historical data trend for House of Investments'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.

House of Investments Cyclically Adjusted FCF per Share Chart

House of Investments 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 -0.42 -0.70 -0.65 -1.18 -1.14

House of Investments 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 -1.34 -1.17 -1.30 -1.14 -1.29

Competitive Comparison of House of Investments's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, House of Investments'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.


House of Investments's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, House of Investments's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



House of Investments 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, House of Investments'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)
=-0.958/131.7762*131.7762
=-0.958

Current CPI (Mar. 2024) = 131.7762.

House of Investments Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.230 100.560 -0.301
201409 0.378 100.428 0.496
201412 -1.424 99.070 -1.894
201503 0.829 99.621 1.097
201506 1.079 100.684 1.412
201509 -1.179 100.392 -1.548
201512 0.200 99.792 0.264
201603 -0.897 100.470 -1.176
201606 2.548 101.688 3.302
201609 0.264 101.861 0.342
201612 -0.369 101.863 -0.477
201703 0.329 102.862 0.421
201706 -0.346 103.349 -0.441
201709 0.000 104.136 0.000
201712 -3.793 104.011 -4.806
201803 0.143 105.290 0.179
201806 -1.770 106.317 -2.194
201809 0.097 106.507 0.120
201812 -1.448 105.998 -1.800
201903 -0.675 107.251 -0.829
201906 -1.111 108.070 -1.355
201909 -1.639 108.329 -1.994
201912 2.634 108.420 3.201
202003 -0.479 108.902 -0.580
202006 0.015 108.767 0.018
202009 -1.942 109.815 -2.330
202012 0.557 109.897 0.668
202103 -0.658 111.754 -0.776
202106 0.297 114.631 0.341
202109 -1.109 115.734 -1.263
202112 0.818 117.630 0.916
202203 -0.142 121.301 -0.154
202206 1.330 125.017 1.402
202209 0.659 125.227 0.693
202212 -1.953 125.222 -2.055
202303 -0.864 127.348 -0.894
202306 0.934 128.729 0.956
202309 -1.468 129.860 -1.490
202312 0.923 129.419 0.940
202403 -0.958 131.776 -0.958

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


House of Investments  (PHS:HI) 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.


House of Investments Cyclically Adjusted FCF per Share Related Terms

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


House of Investments (PHS:HI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
221 Sen. Gil J. Puyat Avenue, 9th Floor, Grepalife Building, Metro Manila, Makati, PHL, 1200
House of Investments Inc is an investment company. Its investments are organized into four segments: Automotive Business, Construction and Property, Education, and Property Services. The company's portfolio includes Energy, Pharmaceuticals, and Deathcare.