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Dis-Chem Pharmacies (JSE:DCP) Cyclically Adjusted Price-to-FCF : 292.45 (As of Jun. 04, 2024)


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What is Dis-Chem Pharmacies Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), Dis-Chem Pharmacies's current share price is R32.17. Dis-Chem Pharmacies's Cyclically Adjusted FCF per Share for the fiscal year that ended in Feb23 was R0.11. Dis-Chem Pharmacies's Cyclically Adjusted Price-to-FCF for today is 292.45.

The historical rank and industry rank for Dis-Chem Pharmacies's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

JSE:DCP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 204.55   Med: 241.55   Max: 309.82
Current: 296.07

During the past 10 years, Dis-Chem Pharmacies's highest Cyclically Adjusted Price-to-FCF was 309.82. The lowest was 204.55. And the median was 241.55.

JSE:DCP's Cyclically Adjusted Price-to-FCF is ranked worse than
96% of 175 companies
in the Healthcare Providers & Services industry
Industry Median: 23.53 vs JSE:DCP: 296.07

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.

Dis-Chem Pharmacies's adjusted free cash flow per share data of for the fiscal year that ended in Feb23 was R-0.274. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is R0.11 for the trailing ten years ended in Feb23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dis-Chem Pharmacies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Dis-Chem Pharmacies's Cyclically Adjusted Price-to-FCF 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.

Dis-Chem Pharmacies Cyclically Adjusted Price-to-FCF Chart

Dis-Chem Pharmacies Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 256.03

Dis-Chem Pharmacies Semi-Annual Data
Feb14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Cyclically Adjusted Price-to-FCF 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 - - - 256.03 -

Competitive Comparison of Dis-Chem Pharmacies's Cyclically Adjusted Price-to-FCF

For the Pharmaceutical Retailers subindustry, Dis-Chem Pharmacies'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.


Dis-Chem Pharmacies's Cyclically Adjusted Price-to-FCF Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dis-Chem Pharmacies's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Dis-Chem Pharmacies's Cyclically Adjusted Price-to-FCF falls into.



Dis-Chem Pharmacies Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Dis-Chem Pharmacies's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=32.17/0.11
=292.45

* 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.

Dis-Chem Pharmacies's Cyclically Adjusted FCF per Share for the fiscal year that ended in Feb23 is calculated as:

For example, Dis-Chem Pharmacies's adjusted Free Cash Flow per Share data for the fiscal year that ended in Feb23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb23 (Change)*Current CPI (Feb23)
=-0.274/146.1010*146.1010
=-0.274

Current CPI (Feb23) = 146.1010.

Dis-Chem Pharmacies Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201402 -0.044 93.524 -0.069
201502 -0.519 97.339 -0.779
201602 -1.037 104.097 -1.455
201702 -0.011 110.855 -0.014
201802 -0.029 115.106 -0.037
201902 0.222 119.793 0.271
202002 1.039 125.243 1.212
202102 0.841 128.817 0.954
202202 1.163 136.109 1.248
202302 -0.274 146.101 -0.274

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


Dis-Chem Pharmacies  (JSE:DCP) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Dis-Chem Pharmacies Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Dis-Chem Pharmacies's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Dis-Chem Pharmacies (JSE:DCP) Business Description

Traded in Other Exchanges
N/A
Address
23 Stag Road, Glen Austin, Midrand, Johannesburg, GT, ZAF, 1685
Dis-Chem Pharmacies Ltd is a pharmaceutical company based in South Africa. Its product portfolio includes personal care products, beauty products, healthcare and nutrition products, and dispensary and baby care products. The operating segments of the group are Retail and Wholesale. It derives maximum revenue from the Retail segment, which includes company stores, retailers of pharmaceutical and a variety of health and beauty products, as well as pharma-logistic services and oncology and retailers of pharmaceutical products. The Wholesale segment consists of the CJ wholesale and company distribution businesses, wholesalers of pharmaceuticals, and a variety of health and beauty products. Geographically, the group carries its business operations principally in South Africa.

Dis-Chem Pharmacies (JSE:DCP) Headlines

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