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A. Soriano (PHS:ANS) Cyclically Adjusted FCF per Share : ₱0.84 (As of Mar. 2024)


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What is A. Soriano 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.

A. Soriano's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₱0.654. 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 ₱0.84 for the trailing ten years ended in Mar. 2024.

During the past 12 months, A. Soriano's average Cyclically Adjusted FCF Growth Rate was 12.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.80% 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 A. Soriano was 19.60% per year. The lowest was 2.70% per year. And the median was 9.40% per year.

As of today (2024-05-29), A. Soriano's current stock price is ₱12.70. A. Soriano's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₱0.84. A. Soriano's Cyclically Adjusted Price-to-FCF of today is 15.12.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of A. Soriano was 17.18. The lowest was 8.49. And the median was 12.39.


A. Soriano Cyclically Adjusted FCF per Share Historical Data

The historical data trend for A. Soriano'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.

A. Soriano Cyclically Adjusted FCF per Share Chart

A. Soriano 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 0.55 0.71 0.77 0.72 0.77

A. Soriano 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 0.75 0.70 0.74 0.77 0.84

Competitive Comparison of A. Soriano's Cyclically Adjusted FCF per Share

For the Electrical Equipment & Parts subindustry, A. Soriano'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.


A. Soriano's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, A. Soriano's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



A. Soriano 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, A. Soriano'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)
=0.654/131.7762*131.7762
=0.654

Current CPI (Mar. 2024) = 131.7762.

A. Soriano Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.121 100.560 0.159
201409 0.018 100.428 0.024
201412 0.252 99.070 0.335
201503 0.186 99.621 0.246
201506 0.394 100.684 0.516
201509 0.289 100.392 0.379
201512 0.151 99.792 0.199
201603 0.247 100.470 0.324
201606 0.100 101.688 0.130
201609 0.072 101.861 0.093
201612 0.227 101.863 0.294
201703 0.038 102.862 0.049
201706 0.067 103.349 0.085
201709 0.138 104.136 0.175
201712 0.449 104.011 0.569
201803 -0.215 105.290 -0.269
201806 0.528 106.317 0.654
201809 -0.539 106.507 -0.667
201812 0.874 105.998 1.087
201903 0.352 107.251 0.432
201906 0.757 108.070 0.923
201909 0.041 108.329 0.050
201912 -0.053 108.420 -0.064
202003 0.346 108.902 0.419
202006 0.400 108.767 0.485
202009 0.119 109.815 0.143
202012 0.536 109.897 0.643
202103 0.455 111.754 0.537
202106 -0.296 114.631 -0.340
202109 0.296 115.734 0.337
202112 -0.150 117.630 -0.168
202203 -0.364 121.301 -0.395
202206 0.127 125.017 0.134
202209 -0.347 125.227 -0.365
202212 0.200 125.222 0.210
202303 0.011 127.348 0.011
202306 -0.489 128.729 -0.501
202309 0.385 129.860 0.391
202312 0.495 129.419 0.504
202403 0.654 131.776 0.654

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


A. Soriano  (PHS:ANS) 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.

A. Soriano's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=12.70/0.84
=15.12

* 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 A. Soriano was 17.18. The lowest was 8.49. And the median was 12.39.


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.


A. Soriano Cyclically Adjusted FCF per Share Related Terms

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


A. Soriano (PHS:ANS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Makati Avenue corner Gil Puyat Avenue Extension, 7th Floor, Pacific Star Building, Makati, PHL, 1209
A. Soriano Corp is a holding company. It operates with various business segments such as the Holding Company segment, the Resort Operations segment is involved in hotel and resort accommodation, relaxation and entertainment, and construction and sale of villas, and the Cable and Wire Manufacturing segment is engaged in manufacturing, importing, exporting, buying and selling goods, such as building wires, power cables, aluminum wires, and cables and Other operations include air transportation, hangarage, real estate holding and management, and recruitment services. The majority of its revenue comes from the Cable and Wire Manufacturing segment.

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