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Araneta Properties (PHS:ARA) Cyclically Adjusted FCF per Share : ₱0.01 (As of Mar. 2024)


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What is Araneta Properties 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.

Araneta Properties's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₱0.057. 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 ₱0.01 for the trailing ten years ended in Mar. 2024.

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 (2024-06-23), Araneta Properties's current stock price is ₱0.82. Araneta Properties's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₱0.01. Araneta Properties's Cyclically Adjusted Price-to-FCF of today is 82.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Araneta Properties was 222.00. The lowest was 78.00. And the median was 111.00.


Araneta Properties Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Araneta Properties'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.

Araneta Properties Cyclically Adjusted FCF per Share Chart

Araneta Properties 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 0.01 0.01 0.01 0.01 -

Araneta Properties 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 0.01 0.01 0.01 - 0.01

Competitive Comparison of Araneta Properties's Cyclically Adjusted FCF per Share

For the Real Estate - Development subindustry, Araneta Properties'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.


Araneta Properties's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Araneta Properties's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Araneta Properties 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, Araneta Properties'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)
=0.057/131.7762*131.7762
=0.057

Current CPI (Mar. 2024) = 131.7762.

Araneta Properties Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.057 100.560 0.075
201409 0.051 100.428 0.067
201412 -0.010 99.070 -0.013
201503 0.004 99.621 0.005
201506 -0.007 100.684 -0.009
201509 -0.031 100.392 -0.041
201512 -0.050 99.792 -0.066
201603 -0.006 100.470 -0.008
201606 -0.002 101.688 -0.003
201609 -0.024 101.861 -0.031
201612 0.029 101.863 0.038
201703 -0.020 102.862 -0.026
201706 -0.004 103.349 -0.005
201709 0.030 104.136 0.038
201712 0.008 104.011 0.010
201803 0.008 105.290 0.010
201806 0.008 106.317 0.010
201809 -0.019 106.507 -0.024
201812 0.025 105.998 0.031
201903 -0.005 107.251 -0.006
201906 -0.001 108.070 -0.001
201909 -0.002 108.329 -0.002
201912 0.005 108.420 0.006
202003 0.013 108.902 0.016
202006 0.008 108.767 0.010
202009 -0.002 109.815 -0.002
202012 -0.010 109.897 -0.012
202103 -0.004 111.754 -0.005
202106 -0.009 114.631 -0.010
202109 -0.004 115.734 -0.005
202112 0.003 117.630 0.003
202203 -0.003 121.301 -0.003
202206 -0.002 125.017 -0.002
202209 -0.003 125.227 -0.003
202212 0.012 125.222 0.013
202303 -0.005 127.348 -0.005
202306 -0.002 128.729 -0.002
202309 -0.004 129.860 -0.004
202312 0.003 129.419 0.003
202403 0.057 131.776 0.057

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


Araneta Properties  (PHS:ARA) 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.

Araneta Properties's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.82/0.01
=82.00

* 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 Araneta Properties was 222.00. The lowest was 78.00. And the median was 111.00.


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.


Araneta Properties Cyclically Adjusted FCF per Share Related Terms

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


Araneta Properties (PHS:ARA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Paseo de Roxas, 21st Floor, BDO Towers Valero Condo Corp, Makati, PHL, 1227
Araneta Properties Inc is a real estate developer in the Philippines. The company acquires, owns, holds, improves, develops, subdivides, sells, leases, rents, mortgages, manages, and otherwise deals in real estate or any interest therein for residential, commercial, industrial, and recreational purposes. Its property portfolio consists of San Jose del Monte, Bulacan Property; Smelting Plant Property; Land Banking Activities in San Jose Del Monte, Bulacan; and the Land Banking Activities City of Laoag, Ilocos Norte.

Araneta Properties (PHS:ARA) Headlines

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