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Viverorporadora e Construtora (BSP:VIVR3) Cyclically Adjusted FCF per Share : R$365.96 (As of Dec. 2023)


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What is Viverorporadora e Construtora 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.

Viverorporadora e Construtora's adjusted free cash flow per share for the three months ended in Dec. 2023 was R$-1.379. 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 R$365.96 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Viverorporadora e Construtora's average Cyclically Adjusted FCF Growth Rate was -54.00% 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.

As of today (2024-05-01), Viverorporadora e Construtora's current stock price is R$2.97. Viverorporadora e Construtora's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$365.96. Viverorporadora e Construtora's Cyclically Adjusted Price-to-FCF of today is 0.01.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Viverorporadora e Construtora was 0.24. The lowest was 0.01. And the median was 0.01.


Viverorporadora e Construtora Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Viverorporadora e Construtora'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.

Viverorporadora e Construtora Cyclically Adjusted FCF per Share Chart

Viverorporadora e Construtora 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 -1,530.15 -1,439.29 656.71 796.36 365.96

Viverorporadora e Construtora 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 796.36 822.02 764.92 760.44 365.96

Competitive Comparison of Viverorporadora e Construtora's Cyclically Adjusted FCF per Share

For the Real Estate - Development subindustry, Viverorporadora e Construtora'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.


Viverorporadora e Construtora's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Viverorporadora e Construtora's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Viverorporadora e Construtora's Cyclically Adjusted Price-to-FCF falls into.



Viverorporadora e Construtora 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, Viverorporadora e Construtora'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)
=-1.379/156.2729*156.2729
=-1.379

Current CPI (Dec. 2023) = 156.2729.

Viverorporadora e Construtora Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -386.058 90.447 -667.023
201406 1,896.904 91.838 3,227.807
201409 -122.923 92.602 -207.443
201412 -692.250 94.194 -1,148.484
201503 155.250 97.799 248.073
201506 58.558 100.006 91.505
201509 492.865 101.392 759.639
201512 504.804 104.247 756.733
201603 267.319 106.979 390.495
201606 575.170 108.851 825.751
201609 305.815 109.986 434.515
201612 124.394 110.802 175.443
201703 36.009 111.869 50.302
201706 183.000 112.115 255.078
201709 554.061 112.777 767.750
201712 -1,727.810 114.068 -2,367.100
201803 64.136 114.868 87.254
201806 2.883 117.038 3.849
201809 -0.100 117.881 -0.133
201812 -10.277 118.340 -13.571
201903 -2.630 120.124 -3.421
201906 0.357 120.977 0.461
201909 -1.071 121.292 -1.380
201912 0.996 123.436 1.261
202003 0.073 124.092 0.092
202006 -0.502 123.557 -0.635
202009 -1.183 125.095 -1.478
202012 2.253 129.012 2.729
202103 0.008 131.660 0.009
202106 -1.056 133.871 -1.233
202109 -0.632 137.913 -0.716
202112 -2.830 141.992 -3.115
202203 -0.228 146.537 -0.243
202206 -1.383 149.784 -1.443
202209 -0.435 147.800 -0.460
202212 -0.091 150.207 -0.095
202303 0.059 153.352 0.060
202306 -0.456 154.519 -0.461
202309 0.591 155.464 0.594
202312 -1.379 156.273 -1.379

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


Viverorporadora e Construtora  (BSP:VIVR3) 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.

Viverorporadora e Construtora's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.97/365.96
=0.01

* 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 Viverorporadora e Construtora was 0.24. The lowest was 0.01. And the median was 0.01.


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.


Viverorporadora e Construtora Cyclically Adjusted FCF per Share Related Terms

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


Viverorporadora e Construtora (BSP:VIVR3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Olimpiadas, 205 - 2nd Floor, Vila Olimpia, SP, BRA, 04551-000
Viver Incorporadora e Construtora SA is engaged in the development of real estate ventures, particularly in the residential and office segments, as well as the provision of real estate development management services. The Company's primary focus is on the residential market, in the middle and mid-high segments. Given its multi-segment background, the Company also develops projects in the commercial, tourism and land division segments.

Viverorporadora e Construtora (BSP:VIVR3) Headlines

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