Aboitiz Equity Ventures (PHS:AEV) Cyclically Adjusted FCF per Share: ₱4.81 (As of Mar. 2026)


PHS:AEV Aboitiz Equity Ventures Inc PHS:AEV
87 GF Score
Price ₱33.50
GF Value ₱40.96
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Aboitiz Equity Ventures Cyclically Adjusted FCF per Share?

Aboitiz Equity Ventures PHS:AEV +1.82% 87 Cyclically Adjusted FCF per Share is ₱4.81 as of Mar. 2026. GuruFocus rates PHS:AEV with a GF Score™ of 87/100 and a GF Value™ of ₱40.96 (Modestly Undervalued). The stock has 6 warning signs investors should review.

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.

Aboitiz Equity Ventures's adjusted free cash flow per share for the three months ended in Mar. 2026 was ₱1.915. 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 ₱4.81 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Aboitiz Equity Ventures's average Cyclically Adjusted FCF Growth Rate was 12.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.70% 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 Aboitiz Equity Ventures was 25.70% per year. The lowest was 4.60% per year. And the median was 10.65% per year.

As of today (2026-07-01), Aboitiz Equity Ventures's current stock price is ₱33.50. Aboitiz Equity Ventures's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ₱4.81. Aboitiz Equity Ventures's Cyclically Adjusted Price-to-FCF of today is 6.96.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Aboitiz Equity Ventures was 61.94. The lowest was 5.41. And the median was 16.00.


Aboitiz Equity Ventures  (PHS:AEV) 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.

Aboitiz Equity Ventures's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=33.50/4.81
=6.96

* 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 Aboitiz Equity Ventures was 61.94. The lowest was 5.41. And the median was 16.00.


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.


Aboitiz Equity Ventures Cyclically Adjusted FCF per Share Related Terms


Aboitiz Equity Ventures Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Aboitiz Equity Ventures'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.

Aboitiz Equity Ventures Cyclically Adjusted FCF per Share Chart

Aboitiz Equity Ventures Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.17 3.26 3.78 4.13 4.59

Aboitiz Equity Ventures Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.27 4.32 4.49 4.59 4.81

PHS:AEV vs NEE, SO, DUK: Cyclically Adjusted FCF per Share Comparison

For the Utilities - Regulated Electric subindustry, Aboitiz Equity Ventures'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.


Aboitiz Equity Ventures Cyclically Adjusted Price-to-FCF vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Aboitiz Equity Ventures's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Aboitiz Equity Ventures's Cyclically Adjusted Price-to-FCF falls into.


PHS:AEV
87GF Score
Aboitiz Equity Ventures Inc PHS:AEV
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aboitiz Equity Ventures 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, Aboitiz Equity Ventures's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.915/330.2130*330.2130
=1.915

Current CPI (Mar. 2026) = 330.2130.

Aboitiz Equity Ventures Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.231 241.018 -0.316
201609 -0.220 241.428 -0.301
201612 0.099 241.432 0.135
201703 0.414 243.801 0.561
201706 0.951 244.955 1.282
201709 1.792 246.819 2.397
201712 0.242 246.524 0.324
201803 0.487 249.554 0.644
201806 0.857 251.989 1.123
201809 1.221 252.439 1.597
201812 2.220 251.233 2.918
201903 0.912 254.202 1.185
201906 1.606 256.143 2.070
201909 1.563 256.759 2.010
201912 0.755 256.974 0.970
202003 1.727 258.115 2.209
202006 0.757 257.797 0.970
202009 1.082 260.280 1.373
202012 1.124 260.474 1.425
202103 1.412 264.877 1.760
202106 0.578 271.696 0.702
202109 1.333 274.310 1.605
202112 0.502 278.802 0.595
202203 0.910 287.504 1.045
202206 -0.760 296.311 -0.847
202209 0.173 296.808 0.192
202212 1.708 296.797 1.900
202303 2.587 301.836 2.830
202306 -0.132 305.109 -0.143
202309 1.923 307.789 2.063
202312 1.383 306.746 1.489
202403 2.842 312.332 3.005
202406 0.992 314.175 1.043
202409 2.047 315.301 2.144
202412 -0.989 315.605 -1.035
202503 2.634 319.799 2.720
202506 -0.091 322.561 -0.093
202509 1.378 324.800 1.401
202512 1.211 324.054 1.234
202603 1.915 330.213 1.915

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

What does a Cyclically Adjusted FCF per Share of ₱4.81 mean?
Aboitiz Equity Ventures (PHS:AEV) has a Cyclically Adjusted FCF per Share of ₱4.81 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Aboitiz Equity Ventures and its competitors.
Is Aboitiz Equity Ventures' Cyclically Adjusted FCF per Share too high?
Aboitiz Equity Ventures' current Cyclically Adjusted FCF per Share is ₱4.81. Overall, Aboitiz Equity Ventures has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aboitiz Equity Ventures' Cyclically Adjusted FCF per Share compare to NEE and SO?
Aboitiz Equity Ventures' Cyclically Adjusted FCF per Share of ₱4.81 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for an Utilities - Regulated company?
A good Cyclically Adjusted FCF per Share depends on the Utilities - Regulated industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Aboitiz Equity Ventures and its competitors. Aboitiz Equity Ventures's current Cyclically Adjusted FCF per Share is ₱4.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aboitiz Equity Ventures stock overvalued right now?
Based on GuruFocus' analysis, Aboitiz Equity Ventures (PHS:AEV) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱40.96, compared to a current price of ₱33.50 — trading 18.2% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ₱4.81. Aboitiz Equity Ventures' overall GF Score™ is 87/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Aboitiz Equity Ventures (PHS:AEV), the current Cyclically Adjusted FCF per Share is ₱4.81 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Aboitiz Equity Ventures (PHS:AEV) Overvalued in 2026?

Based on GuruFocus' analysis, Aboitiz Equity Ventures stock appears to be undervalued. The current stock price of ₱33.50 is trading 18.2% below its estimated GF Value™ of ₱40.96. GuruFocus considers Aboitiz Equity Ventures to be Modestly Undervalued.

Key valuation signals for PHS:AEV:

  • Cyclically Adjusted FCF per Share: ₱4.81
  • GF Value™: ₱40.96 vs. price of ₱33.50 (18.2% below fair value)
  • GF Score™: 87/100 with 6 warning signs

No single metric tells the full story. See the PHS:AEV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aboitiz Equity Ventures Business Description

Other Exchanges ABTZY:USA
Address Ayala Triangle Gardens Tower 2, 32nd Floor, Paseo de Roxas, corner Makati Avenue, Metro Manila, Makati, PHL, 1226
Aboitiz Equity Ventures Inc is a Philippine holding company with reportable segments of power distribution and generation, financial services, food and beverage, real estate, and infrastructure. The power segment is engaged in power generation and the sale of electricity. The food manufacturing segment is engaged in the production of flour and feeds, and swine breeding. Aboitiz Equity Ventures generates maximum revenue from the power segment. Geographically, it operates solely in the Philippines.
87GF Score

Get the complete analysis for PHS:AEV

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱33.50
Price
₱40.96
GF Value