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Aboitiz Power (PHS:AP) Cyclically Adjusted Price-to-FCF : 10.54 (As of Jun. 07, 2024)


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What is Aboitiz Power Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Aboitiz Power's current share price is ₱35.00. Aboitiz Power's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₱3.32. Aboitiz Power's Cyclically Adjusted Price-to-FCF for today is 10.54.

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

PHS:AP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.26   Med: 12.74   Max: 35.12
Current: 10.28

During the past years, Aboitiz Power's highest Cyclically Adjusted Price-to-FCF was 35.12. The lowest was 9.26. And the median was 12.74.

PHS:AP's Cyclically Adjusted Price-to-FCF is ranked better than
72.69% of 238 companies
in the Utilities - Regulated industry
Industry Median: 16.775 vs PHS:AP: 10.28

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.

Aboitiz Power's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₱1.743. 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 ₱3.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aboitiz Power Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aboitiz Power'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.

Aboitiz Power Cyclically Adjusted Price-to-FCF Chart

Aboitiz Power Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.25 11.61 11.50 12.30 12.07

Aboitiz Power Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only 12.72 13.30 11.14 12.07 10.70

Competitive Comparison of Aboitiz Power's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Aboitiz Power'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.


Aboitiz Power's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Aboitiz Power's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Aboitiz Power 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.

Aboitiz Power's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=35.00/3.32
=10.54

* 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.

Aboitiz Power's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Aboitiz Power'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)
=1.743/131.7762*131.7762
=1.743

Current CPI (Mar. 2024) = 131.7762.

Aboitiz Power Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.297 100.560 0.389
201409 0.475 100.428 0.623
201412 0.030 99.070 0.040
201503 1.217 99.621 1.610
201506 -0.216 100.684 -0.283
201509 0.016 100.392 0.021
201512 0.271 99.792 0.358
201603 0.371 100.470 0.487
201606 0.067 101.688 0.087
201609 0.047 101.861 0.061
201612 -0.262 101.863 -0.339
201703 0.430 102.862 0.551
201706 0.806 103.349 1.028
201709 0.699 104.136 0.885
201712 -0.016 104.011 -0.020
201803 0.315 105.290 0.394
201806 0.737 106.317 0.913
201809 1.191 106.507 1.474
201812 1.653 105.998 2.055
201903 0.648 107.251 0.796
201906 1.337 108.070 1.630
201909 1.333 108.329 1.622
201912 0.696 108.420 0.846
202003 1.309 108.902 1.584
202006 0.666 108.767 0.807
202009 1.062 109.815 1.274
202012 0.730 109.897 0.875
202103 1.366 111.754 1.611
202106 0.689 114.631 0.792
202109 1.127 115.734 1.283
202112 0.614 117.630 0.688
202203 0.899 121.301 0.977
202206 0.334 125.017 0.352
202209 0.253 125.227 0.266
202212 1.288 125.222 1.355
202303 1.684 127.348 1.743
202306 0.203 128.729 0.208
202309 1.584 129.860 1.607
202312 0.767 129.419 0.781
202403 1.743 131.776 1.743

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.


Aboitiz Power  (PHS:AP) 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.


Aboitiz Power Cyclically Adjusted Price-to-FCF Related Terms

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


Aboitiz Power (PHS:AP) Business Description

Traded in Other Exchanges
Address
NAC Tower, 32nd Street, Bonifacio Global City, Metro Manila, Taguig, PHL, 1634
Aboitiz Power Corp is an electric utility company operating in the Philippines of which Aboitiz Equity Ventures is the majority shareholder. Through its subsidiaries, Aboitiz Power generates and distributes electricity. The company controls a portfolio of geothermal, hydroelectric, solar, wind, oil-fired, and coal-fired power plants. most of Aboitiz Power's energy production comes from its non-renewable facilities. The company's sites, meanwhile, are mainly hydroelectric. The vast majority of Aboitiz Power's income is derived from its power generation business, while a sizable portion also comes from its distribution segment. Almost all sales are made through bilateral contracts with private utilities, the country's state-owned power provider, and industrial and commercial customers.