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San Miguel (San Miguel) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is San Miguel Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


San Miguel Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for San Miguel'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.

San Miguel Cyclically Adjusted Price-to-FCF Chart

San Miguel 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 40.75 156.97 - - -

San Miguel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of San Miguel's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, San Miguel'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.


San Miguel's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, San Miguel's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



San Miguel 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.

San Miguel's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, San Miguel'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)
=-0.713/129.4194*129.4194
=-0.713

Current CPI (Dec. 2023) = 129.4194.

San Miguel Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.016 99.695 0.021
201406 -0.047 100.560 -0.060
201409 -0.003 100.428 -0.004
201412 0.044 99.070 0.057
201503 -0.028 99.621 -0.036
201506 -0.072 100.684 -0.093
201509 0.036 100.392 0.046
201512 0.103 99.792 0.134
201603 0.119 100.470 0.153
201606 -0.033 101.688 -0.042
201609 0.040 101.861 0.051
201612 0.155 101.863 0.197
201703 0.093 102.862 0.117
201706 0.128 103.349 0.160
201709 0.094 104.136 0.117
201712 -0.044 104.011 -0.055
201803 0.062 105.290 0.076
201806 -0.028 106.317 -0.034
201809 0.026 106.507 0.032
201812 0.030 105.998 0.037
201903 0.160 107.251 0.193
201906 -0.015 108.070 -0.018
201909 -0.034 108.329 -0.041
201912 -0.033 108.420 -0.039
202003 -0.150 108.902 -0.178
202006 0.000 108.767 0.000
202009 -0.106 109.815 -0.125
202012 0.078 109.897 0.092
202103 0.190 111.754 0.220
202106 -0.159 114.631 -0.180
202109 -0.069 115.734 -0.077
202112 -0.330 117.630 -0.363
202203 -0.008 121.301 -0.009
202206 -0.179 125.017 -0.185
202209 -0.402 125.227 -0.415
202212 -0.554 125.222 -0.573
202303 0.128 127.348 0.130
202306 0.350 128.729 0.352
202309 -0.099 129.860 -0.099
202312 -0.713 129.419 -0.713

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.


San Miguel  (OTCPK:SMGBF) 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.


San Miguel Cyclically Adjusted Price-to-FCF Related Terms

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San Miguel (San Miguel) Business Description

Industry
Address
No. 40 San Miguel Avenue, Metro Manila, P.O. Box 271, Manila Central Post Office, Mandaluyong, PHL, 1550
San Miguel Corp is a holding company based in the Philippines. The company's operating segments include food and beverage; packaging; energy; fuel and oil; and infrastructure. The company generates a majority of its revenue from the fuel and oil segments. The fuel and oil segment is engaged in refining crude oil and marketing and distribution of refined petroleum products.

San Miguel (San Miguel) Headlines

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