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Dialog Axiata (COL:DIAL.N0000) Cyclically Adjusted FCF per Share : රු0.48 (As of Mar. 2024)


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What is Dialog Axiata 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.

Dialog Axiata's adjusted free cash flow per share for the three months ended in Mar. 2024 was රු0.232. 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 රු0.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Dialog Axiata's average Cyclically Adjusted FCF Growth Rate was 9.10% 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.

As of today (2024-05-31), Dialog Axiata's current stock price is රු11.10. Dialog Axiata's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was රු0.48. Dialog Axiata's Cyclically Adjusted Price-to-FCF of today is 23.13.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Dialog Axiata was 32.11. The lowest was 11.51. And the median was 17.46.


Dialog Axiata Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Dialog Axiata'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.

Dialog Axiata Cyclically Adjusted FCF per Share Chart

Dialog Axiata 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 - - 0.67 0.61 0.45

Dialog Axiata Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.44 0.38 0.48 0.45 0.48

Competitive Comparison of Dialog Axiata's Cyclically Adjusted FCF per Share

For the Telecom Services subindustry, Dialog Axiata'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.


Dialog Axiata's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Dialog Axiata's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Dialog Axiata 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, Dialog Axiata'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)
=0.232/131.7762*131.7762
=0.232

Current CPI (Mar. 2024) = 131.7762.

Dialog Axiata Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.459 100.560 0.601
201409 0.290 100.428 0.381
201412 0.195 99.070 0.259
201503 0.171 99.621 0.226
201506 0.138 100.684 0.181
201509 0.244 100.392 0.320
201512 0.088 99.792 0.116
201603 -0.577 100.470 -0.757
201606 -0.455 101.688 -0.590
201609 0.151 101.861 0.195
201612 0.224 101.863 0.290
201703 -0.246 102.862 -0.315
201706 0.437 103.349 0.557
201709 0.110 104.136 0.139
201712 0.296 104.011 0.375
201803 -0.242 105.290 -0.303
201806 -0.360 106.317 -0.446
201809 0.152 106.507 0.188
201812 0.144 105.998 0.179
201903 -0.184 107.251 -0.226
201906 0.412 108.070 0.502
201909 0.652 108.329 0.793
201912 -0.433 108.420 -0.526
202003 0.467 108.902 0.565
202006 0.390 108.767 0.473
202009 1.477 109.815 1.772
202012 0.540 109.897 0.648
202103 0.352 111.754 0.415
202106 0.091 114.631 0.105
202109 1.836 115.734 2.090
202112 -0.409 117.630 -0.458
202203 0.487 121.301 0.529
202206 0.064 125.017 0.067
202209 -0.395 125.227 -0.416
202212 -0.527 125.222 -0.555
202303 -1.492 127.348 -1.544
202306 -1.156 128.729 -1.183
202309 0.463 129.860 0.470
202312 -0.556 129.419 -0.566
202403 0.232 131.776 0.232

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


Dialog Axiata  (COL:DIAL.N0000) 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.

Dialog Axiata's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=11.10/0.48
=23.13

* 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 Dialog Axiata was 32.11. The lowest was 11.51. And the median was 17.46.


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.


Dialog Axiata Cyclically Adjusted FCF per Share Related Terms

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


Dialog Axiata (COL:DIAL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 475, Union Place, Colombo, LKA, 02
Dialog Axiata PLC operates a mobile telecommunications network. It mainly offers the provision of mobile services, data services, international direct dialing services, leasing of passive infrastructure, provision of interconnect services, pay television transmission services, provision of other data services, and digital services. The company serves its customer-facing technology and service delivery infrastructures spanning mobile, fixed line, broadband, digital television, and digital services sectors. Its segments include Mobile operation; Fixed telephony and broadband operation; and Television operation. The company generates maximum revenue from Mobile operation segment.

Dialog Axiata (COL:DIAL.N0000) Headlines

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