GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Aldar Properties PJSC (ADX:ALDAR) » Definitions » Cyclically Adjusted FCF per Share

Aldar Properties PJSC (ADX:ALDAR) Cyclically Adjusted FCF per Share : د.إ0.53 (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Aldar Properties PJSC 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.

Aldar Properties PJSC's adjusted free cash flow per share for the three months ended in Dec. 2023 was د.إ0.061. 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 د.إ0.53 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Aldar Properties PJSC's average Cyclically Adjusted FCF Growth Rate was -8.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -6.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.10% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Aldar Properties PJSC was 19.90% per year. The lowest was -6.60% per year. And the median was 14.60% per year.

As of today (2024-05-01), Aldar Properties PJSC's current stock price is د.إ5.46. Aldar Properties PJSC's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was د.إ0.53. Aldar Properties PJSC's Cyclically Adjusted Price-to-FCF of today is 10.30.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Aldar Properties PJSC was 11.62. The lowest was 2.74. And the median was 5.92.


Aldar Properties PJSC Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Aldar Properties PJSC'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.

Aldar Properties PJSC Cyclically Adjusted FCF per Share Chart

Aldar Properties PJSC 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 0.44 0.65 0.62 0.58 0.53

Aldar Properties PJSC 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 0.58 0.50 0.50 0.52 0.53

Competitive Comparison of Aldar Properties PJSC's Cyclically Adjusted FCF per Share

For the Real Estate - Development subindustry, Aldar Properties PJSC'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.


Aldar Properties PJSC's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Aldar Properties PJSC's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Aldar Properties PJSC's Cyclically Adjusted Price-to-FCF falls into.



Aldar Properties PJSC 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, Aldar Properties PJSC'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)
=0.061/129.4194*129.4194
=0.061

Current CPI (Dec. 2023) = 129.4194.

Aldar Properties PJSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.555 99.695 0.720
201406 -0.024 100.560 -0.031
201409 0.098 100.428 0.126
201412 0.210 99.070 0.274
201503 0.208 99.621 0.270
201506 0.238 100.684 0.306
201509 0.223 100.392 0.287
201512 0.085 99.792 0.110
201603 0.038 100.470 0.049
201606 -0.014 101.688 -0.018
201609 0.074 101.861 0.094
201612 0.136 101.863 0.173
201703 0.503 102.862 0.633
201706 -0.002 103.349 -0.003
201709 -0.046 104.136 -0.057
201712 0.216 104.011 0.269
201803 -0.072 105.290 -0.089
201806 -0.133 106.317 -0.162
201809 0.019 106.507 0.023
201812 0.160 105.998 0.195
201903 -0.050 107.251 -0.060
201906 0.050 108.070 0.060
201909 0.073 108.329 0.087
201912 0.076 108.420 0.091
202003 0.019 108.902 0.023
202006 -0.115 108.767 -0.137
202009 0.131 109.815 0.154
202012 0.128 109.897 0.151
202103 0.037 111.754 0.043
202106 0.294 114.631 0.332
202109 0.054 115.734 0.060
202112 0.338 117.630 0.372
202203 0.012 121.301 0.013
202206 0.260 125.017 0.269
202209 -0.155 125.227 -0.160
202212 0.410 125.222 0.424
202303 -0.113 127.348 -0.115
202306 0.040 128.729 0.040
202309 0.376 129.860 0.375
202312 0.061 129.419 0.061

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


Aldar Properties PJSC  (ADX:ALDAR) 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.

Aldar Properties PJSC's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.46/0.53
=10.30

* 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 Aldar Properties PJSC was 11.62. The lowest was 2.74. And the median was 5.92.


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.


Aldar Properties PJSC Cyclically Adjusted FCF per Share Related Terms

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


Aldar Properties PJSC (ADX:ALDAR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Al Raha Beach, P.O. Box 51133, Abu Dhabi, ARE
Aldar Properties PJSC is a general real estate company. Its operating segment includes Property development and sales; Project management services; Investment properties; Hospitality and leisure; Education and Principal investments. The company generates maximum revenue from the Property development and sales segment.

Aldar Properties PJSC (ADX:ALDAR) Headlines

No Headlines