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Da-Li Development Co (TPE:6177) Cyclically Adjusted FCF per Share : NT$-3.57 (As of Mar. 2024)


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What is Da-Li Development Co 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.

Da-Li Development Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$-1.680. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-3.57 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.40% 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 Da-Li Development Co was 8.40% per year. The lowest was -16.90% per year. And the median was -4.25% per year.

As of today (2024-05-25), Da-Li Development Co's current stock price is NT$55.10. Da-Li Development Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$-3.57. Da-Li Development Co's Cyclically Adjusted Price-to-FCF of today is .


Da-Li Development Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Da-Li Development Co'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.

Da-Li Development Co Cyclically Adjusted FCF per Share Chart

Da-Li Development Co 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 -3.78 -5.28 -7.00 -6.04 -4.06

Da-Li Development Co 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 -5.97 -6.35 -5.97 -4.06 -3.57

Competitive Comparison of Da-Li Development Co's Cyclically Adjusted FCF per Share

For the Real Estate - Development subindustry, Da-Li Development Co'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.


Da-Li Development Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Da-Li Development Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Da-Li Development Co's Cyclically Adjusted Price-to-FCF falls into.



Da-Li Development Co 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, Da-Li Development Co'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)
=-1.68/131.7762*131.7762
=-1.680

Current CPI (Mar. 2024) = 131.7762.

Da-Li Development Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.958 100.560 1.255
201409 0.000 100.428 0.000
201412 0.496 99.070 0.660
201503 1.251 99.621 1.655
201506 -0.177 100.684 -0.232
201509 -1.037 100.392 -1.361
201512 6.521 99.792 8.611
201603 0.948 100.470 1.243
201606 -2.638 101.688 -3.419
201609 -1.070 101.861 -1.384
201612 -1.753 101.863 -2.268
201703 -1.995 102.862 -2.556
201706 7.055 103.349 8.996
201709 -1.326 104.136 -1.678
201712 -5.283 104.011 -6.693
201803 -4.129 105.290 -5.168
201806 -1.014 106.317 -1.257
201809 -6.298 106.507 -7.792
201812 -2.188 105.998 -2.720
201903 4.590 107.251 5.640
201906 0.483 108.070 0.589
201909 -5.537 108.329 -6.735
201912 -7.843 108.420 -9.533
202003 -1.454 108.902 -1.759
202006 -4.341 108.767 -5.259
202009 -10.457 109.815 -12.548
202012 -1.565 109.897 -1.877
202103 -4.611 111.754 -5.437
202106 -3.575 114.631 -4.110
202109 -2.158 115.734 -2.457
202112 3.550 117.630 3.977
202203 4.406 121.301 4.786
202206 2.374 125.017 2.502
202209 1.402 125.227 1.475
202212 -1.364 125.222 -1.435
202303 1.518 127.348 1.571
202306 -7.589 128.729 -7.769
202309 3.866 129.860 3.923
202312 15.112 129.419 15.387
202403 -1.680 131.776 -1.680

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


Da-Li Development Co  (TPE:6177) 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.


Da-Li Development Co Cyclically Adjusted FCF per Share Related Terms

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


Da-Li Development Co (TPE:6177) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 96, Jianguo North Road, 10th Floor, Section 1, Zhongshan District, Taipei, TWN, 104
Da-Li Development Co Ltd is engaged in the development of the residential building and rental industry. The company also invests in and constructs the public construction industry, new towns, new communities, urban renewal and reconstruction industry, real estate sales, and real estate leasing industry.

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