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Engro Fertilizers (KAR:EFERT) Cyclically Adjusted FCF per Share : ₨18.46 (As of Mar. 2024)


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What is Engro Fertilizers 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.

Engro Fertilizers's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₨-3.202. 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 ₨18.46 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Engro Fertilizers's average Cyclically Adjusted FCF Growth Rate was 9.40% 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 (2024-06-21), Engro Fertilizers's current stock price is ₨168.24. Engro Fertilizers's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₨18.46. Engro Fertilizers's Cyclically Adjusted Price-to-FCF of today is 9.11.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Engro Fertilizers was 9.48. The lowest was 4.55. And the median was 5.21.


Engro Fertilizers Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Engro Fertilizers'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.

Engro Fertilizers Cyclically Adjusted FCF per Share Chart

Engro Fertilizers 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 - - - 15.69 17.79

Engro Fertilizers 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 16.88 16.04 18.04 17.79 18.46

Competitive Comparison of Engro Fertilizers's Cyclically Adjusted FCF per Share

For the Agricultural Inputs subindustry, Engro Fertilizers'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.


Engro Fertilizers's Cyclically Adjusted Price-to-FCF Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Engro Fertilizers's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Engro Fertilizers 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, Engro Fertilizers'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)
=-3.202/131.7762*131.7762
=-3.202

Current CPI (Mar. 2024) = 131.7762.

Engro Fertilizers Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 4.223 100.560 5.534
201409 5.387 100.428 7.069
201412 9.357 99.070 12.446
201503 -3.099 99.621 -4.099
201506 4.614 100.684 6.039
201509 -12.423 100.392 -16.307
201512 14.689 99.792 19.397
201603 -6.401 100.470 -8.396
201606 -3.262 101.688 -4.227
201609 0.150 101.861 0.194
201612 8.415 101.863 10.886
201703 2.101 102.862 2.692
201706 -1.177 103.349 -1.501
201709 5.153 104.136 6.521
201712 8.069 104.011 10.223
201803 3.552 105.290 4.446
201806 7.095 106.317 8.794
201809 -9.041 106.507 -11.186
201812 12.500 105.998 15.540
201903 6.189 107.251 7.604
201906 4.868 108.070 5.936
201909 3.969 108.329 4.828
201912 -1.556 108.420 -1.891
202003 2.434 108.902 2.945
202006 9.361 108.767 11.341
202009 10.803 109.815 12.963
202012 12.004 109.897 14.394
202103 4.905 111.754 5.784
202106 -4.388 114.631 -5.044
202109 1.978 115.734 2.252
202112 1.860 117.630 2.084
202203 10.065 121.301 10.934
202206 -7.222 125.017 -7.612
202209 8.476 125.227 8.919
202212 6.462 125.222 6.800
202303 6.700 127.348 6.933
202306 -4.544 128.729 -4.652
202309 27.795 129.860 28.205
202312 10.770 129.419 10.966
202403 -3.202 131.776 -3.202

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


Engro Fertilizers  (KAR:EFERT) 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.

Engro Fertilizers's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=168.24/18.46
=9.11

* 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 11 years, the highest Cyclically Adjusted Price-to-FCF of Engro Fertilizers was 9.48. The lowest was 4.55. And the median was 5.21.


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.


Engro Fertilizers Cyclically Adjusted FCF per Share Related Terms

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


Engro Fertilizers (KAR:EFERT) Business Description

Traded in Other Exchanges
N/A
Address
Plot No HC No-3, Marine Drive, Block 4, 7th & 8th Floor, The Harbor Front Building, Scheme Number 5, Clifton, Karachi, SD, PAK, 75600
Engro Fertilizers Ltd is a Pakistan-based company mainly involved in the manufacturing, purchasing, and marketing of fertilizers, seeds, and pesticides and providing logistics services. It operates in five segments: Urea, Phosphates, Specialty Fertilizers Business, Crop Sciences division, and E-logistics. The company offers different ranges of products under brand names such as Engro Urea, Engro DAP, Engro NP, Engro Envy, Engro Zarkhez, Engro MOP, and Zingro.

Engro Fertilizers (KAR:EFERT) Headlines

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