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Afristrat Investment Holdings (JSE:ATI) Cyclically Adjusted FCF per Share : R0.00 (As of Sep. 2021)


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What is Afristrat Investment Holdings 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.

Afristrat Investment Holdings's adjusted free cash flow per share data for the fiscal year that ended in Mar. 2021 was R-0.083. 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 R0.00 for the trailing ten years ended in Mar. 2021.

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 (2024-06-19), Afristrat Investment Holdings's current stock price is R 0.12. Afristrat Investment Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar. 2021 was R0.00. Afristrat Investment Holdings's Cyclically Adjusted Price-to-FCF of today is .


Afristrat Investment Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Afristrat Investment Holdings'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.

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Afristrat Investment Holdings Cyclically Adjusted FCF per Share Chart

Afristrat Investment Holdings Annual Data
Trend Jun09 Jun10 Sep11 Dec12 Dec13 Dec14 Dec15 Mar18 Jun19 Mar21
Cyclically Adjusted FCF per Share
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Afristrat Investment Holdings Semi-Annual Data
Jun05 Jun06 Jun08 Jun09 Jun10 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Sep17 Mar18 Dec18 Jun19 Dec19 Sep20 Mar21 Sep21
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Competitive Comparison of Afristrat Investment Holdings's Cyclically Adjusted FCF per Share

For the Specialty Business Services subindustry, Afristrat Investment Holdings'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.


Afristrat Investment Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Afristrat Investment Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Afristrat Investment Holdings's Cyclically Adjusted Price-to-FCF falls into.



Afristrat Investment Holdings 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, Afristrat Investment Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar. 2021 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Mar. 2021 (Change)*Current CPI (Mar. 2021)
=-0.083/129.6275*129.6275
=-0.083

Current CPI (Mar. 2021) = 129.6275.

Afristrat Investment Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200906 -22.496 73.685 -39.575
201006 -0.271 76.628 -0.458
201109 0.000 81.642 0.000
201212 0.000 87.310 0.000
201312 0.366 91.889 0.516
201412 0.234 96.794 0.313
201512 -0.786 101.808 -1.001
201803 9.557 115.542 10.722
201906 -57.784 122.191 -61.301
202103 -0.083 129.628 -0.083

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


Afristrat Investment Holdings  (JSE:ATI) 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.


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.


Afristrat Investment Holdings Cyclically Adjusted FCF per Share Related Terms

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


Afristrat Investment Holdings (JSE:ATI) Business Description

Traded in Other Exchanges
N/A
Address
43 Garsfontein Road, 1st Floor, The Wedge, Waterkloof, ZAF, 0145
Afristrat Investment Holdings Ltd is engaged in providing accounting services, taxation services, business consultancy services, digital marketing and funding services, and other strategic services.

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