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Italpinas Development (PHS:IDC) Cyclically Adjusted FCF per Share : ₱-0.14 (As of Jun. 2024)


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What is Italpinas Development 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.

Italpinas Development's adjusted free cash flow per share for the three months ended in Jun. 2024 was ₱0.027. 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 ₱-0.14 for the trailing ten years ended in Jun. 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 (2024-09-22), Italpinas Development's current stock price is ₱1.47. Italpinas Development's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was ₱-0.14. Italpinas Development's Cyclically Adjusted Price-to-FCF of today is .


Italpinas Development Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Italpinas Development'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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Italpinas Development Cyclically Adjusted FCF per Share Chart

Italpinas Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
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Italpinas Development Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - -0.14 -0.14

Competitive Comparison of Italpinas Development's Cyclically Adjusted FCF per Share

For the Real Estate Services subindustry, Italpinas Development'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.


Italpinas Development's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

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



Italpinas Development 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, Italpinas Development's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.027/132.5538*132.5538
=0.027

Current CPI (Jun. 2024) = 132.5538.

Italpinas Development Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 98.326 0.000
201412 0.000 99.070 0.000
201503 -0.026 99.621 -0.035
201506 0.001 100.684 0.001
201509 0.098 100.392 0.129
201512 -0.177 99.792 -0.235
201603 -0.014 100.470 -0.018
201606 0.034 101.688 0.044
201609 -0.168 101.861 -0.219
201612 -0.031 101.863 -0.040
201703 0.046 102.862 0.059
201706 -0.116 103.349 -0.149
201709 0.024 104.136 0.031
201712 -0.153 104.011 -0.195
201803 -0.014 105.290 -0.018
201806 -0.077 106.317 -0.096
201809 0.280 106.507 0.348
201812 -0.472 105.998 -0.590
201903 -0.047 107.251 -0.058
201906 -0.051 108.070 -0.063
201909 -0.013 108.329 -0.016
201912 -0.094 108.420 -0.115
202003 0.005 108.902 0.006
202006 0.013 108.767 0.016
202009 -0.090 109.815 -0.109
202012 0.125 109.897 0.151
202103 -0.140 111.754 -0.166
202106 0.027 114.631 0.031
202109 0.015 115.734 0.017
202112 0.034 117.630 0.038
202203 0.018 121.301 0.020
202206 0.100 125.017 0.106
202209 -0.043 125.227 -0.046
202212 -0.002 125.222 -0.002
202303 0.027 127.348 0.028
202306 0.202 128.729 0.208
202309 -0.358 129.860 -0.365
202312 -0.099 129.419 -0.101
202403 0.068 131.776 0.068
202406 0.027 132.554 0.027

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


Italpinas Development  (PHS:IDC) 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.


Italpinas Development Cyclically Adjusted FCF per Share Related Terms

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


Italpinas Development Business Description

Industry
Traded in Other Exchanges
N/A
Address
6811 Ayala Avenue, BPI Philam-Life Building, Unit 28C, 28 Floor, Metro Manila, Makati, RIZ, PHL, 1226
Italpinas Development Corp engages in the real estate development business in the Philippines. Its projects include Primavera Residences Towers A and B; Primavera City; and Miramonti. Geographically, it derives revenue from a domestic operation. It generates revenue from the sales, and leasing of properties.

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