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Adgar Investments & Development (XTAE:ADGR) Cyclically Adjusted FCF per Share : ₪0.61 (As of Dec. 2023)


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What is Adgar Investments & Development 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.

Adgar Investments & Development's adjusted free cash flow per share for the three months ended in Dec. 2023 was ₪0.331. 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 ₪0.61 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Adgar Investments & Development's average Cyclically Adjusted FCF Growth Rate was 17.30% 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 (2024-06-05), Adgar Investments & Development's current stock price is ₪4.431. Adgar Investments & Development's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₪0.61. Adgar Investments & Development's Cyclically Adjusted Price-to-FCF of today is 7.26.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Adgar Investments & Development was 18.03. The lowest was 6.72. And the median was 9.73.


Adgar Investments & Development Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Adgar Investments & Development'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.

Adgar Investments & Development Cyclically Adjusted FCF per Share Chart

Adgar Investments & Development 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 - - 0.48 0.52 0.61

Adgar Investments & Development Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.52 0.55 0.58 0.57 0.61

Competitive Comparison of Adgar Investments & Development's Cyclically Adjusted FCF per Share

For the Real Estate Services subindustry, Adgar Investments & Development'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.


Adgar Investments & Development's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

* The bar in red indicates where Adgar Investments & Development's Cyclically Adjusted Price-to-FCF falls into.



Adgar Investments & Development 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, Adgar Investments & Development's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.331/129.4194*129.4194
=0.331

Current CPI (Dec. 2023) = 129.4194.

Adgar Investments & Development Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.066 99.695 -0.086
201406 -0.063 100.560 -0.081
201409 0.107 100.428 0.138
201412 0.052 99.070 0.068
201503 -0.061 99.621 -0.079
201506 0.071 100.684 0.091
201509 0.117 100.392 0.151
201512 0.267 99.792 0.346
201603 0.061 100.470 0.079
201606 0.165 101.688 0.210
201609 0.124 101.861 0.158
201612 0.271 101.863 0.344
201703 -0.017 102.862 -0.021
201706 0.228 103.349 0.286
201709 0.066 104.136 0.082
201712 0.227 104.011 0.282
201803 -0.048 105.290 -0.059
201806 0.311 106.317 0.379
201809 0.026 106.507 0.032
201812 0.228 105.998 0.278
201903 0.091 107.251 0.110
201906 0.220 108.070 0.263
201909 0.089 108.329 0.106
201912 0.194 108.420 0.232
202003 0.024 108.902 0.029
202006 0.233 108.767 0.277
202009 0.088 109.815 0.104
202012 0.169 109.897 0.199
202103 0.033 111.754 0.038
202106 0.199 114.631 0.225
202109 0.086 115.734 0.096
202112 0.256 117.630 0.282
202203 0.165 121.301 0.176
202206 0.099 125.017 0.102
202209 -0.026 125.227 -0.027
202212 0.363 125.222 0.375
202303 0.191 127.348 0.194
202306 0.256 128.729 0.257
202309 0.156 129.860 0.155
202312 0.331 129.419 0.331

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


Adgar Investments & Development  (XTAE:ADGR) 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.

Adgar Investments & Development's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.431/0.61
=7.26

* 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 Adgar Investments & Development was 18.03. The lowest was 6.72. And the median was 9.73.


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.


Adgar Investments & Development Cyclically Adjusted FCF per Share Related Terms

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


Adgar Investments & Development (XTAE:ADGR) Business Description

Traded in Other Exchanges
N/A
Address
35 Efal Street, Petach Tikva, ISR, 49511
Adgar Investments & Development Ltd is a real estate company. It operates in the income-producing real estate market. The company holds investment properties, mainly for use as office premises in Israel and abroad. It also develops and manages construction projects. The company operates in Israel, Canada, Poland, and Belgium.

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