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San Miguel (San Miguel) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

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)
=-7.18/129.4194*129.4194
=-7.180

Current CPI (Dec. 2023) = 129.4194.

San Miguel Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.166 99.695 0.215
201406 -0.469 100.560 -0.604
201409 -0.029 100.428 -0.037
201412 0.447 99.070 0.584
201503 -0.280 99.621 -0.364
201506 -0.724 100.684 -0.931
201509 0.367 100.392 0.473
201512 1.041 99.792 1.350
201603 1.196 100.470 1.541
201606 -0.328 101.688 -0.417
201609 0.402 101.861 0.511
201612 1.564 101.863 1.987
201703 0.941 102.862 1.184
201706 1.290 103.349 1.615
201709 0.951 104.136 1.182
201712 -0.447 104.011 -0.556
201803 0.629 105.290 0.773
201806 -0.285 106.317 -0.347
201809 0.264 106.507 0.321
201812 0.307 105.998 0.375
201903 1.616 107.251 1.950
201906 -0.149 108.070 -0.178
201909 -0.344 108.329 -0.411
201912 -0.334 108.420 -0.399
202003 -1.511 108.902 -1.796
202006 0.003 108.767 0.004
202009 -1.068 109.815 -1.259
202012 0.789 109.897 0.929
202103 1.916 111.754 2.219
202106 -1.599 114.631 -1.805
202109 -0.693 115.734 -0.775
202112 -3.321 117.630 -3.654
202203 -0.080 121.301 -0.085
202206 -1.800 125.017 -1.863
202209 -4.050 125.227 -4.186
202212 -5.581 125.222 -5.768
202303 1.292 127.348 1.313
202306 3.007 128.729 3.023
202309 -0.996 129.860 -0.993
202312 -7.180 129.419 -7.180

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:SMGBY) 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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