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JG Summit Holdings (PHS:JGS) Cyclically Adjusted FCF per Share : ₱-0.94 (As of Mar. 2024)


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What is JG Summit Holdings 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.

JG Summit Holdings's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₱-0.941. 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 ₱-0.94 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -85.00% 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 JG Summit Holdings was -35.80% per year. The lowest was -85.00% per year. And the median was -60.40% per year.

As of today (2024-05-27), JG Summit Holdings's current stock price is ₱32.10. JG Summit Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₱-0.94. JG Summit Holdings's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of JG Summit Holdings was 867.72. The lowest was 74.14. And the median was 134.48.


JG Summit Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for JG Summit Holdings'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.

JG Summit Holdings Cyclically Adjusted FCF per Share Chart

JG Summit Holdings 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 0.09 -0.21 -0.53 -1.01 -1.33

JG Summit Holdings 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 -1.04 -0.96 -1.07 -1.33 -0.94

Competitive Comparison of JG Summit Holdings's Cyclically Adjusted FCF per Share

For the Conglomerates subindustry, JG Summit Holdings'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.


JG Summit Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, JG Summit Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where JG Summit Holdings's Cyclically Adjusted Price-to-FCF falls into.



JG Summit Holdings 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, JG Summit Holdings'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)
=-0.941/131.7762*131.7762
=-0.941

Current CPI (Mar. 2024) = 131.7762.

JG Summit Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.630 100.560 -0.826
201409 -0.368 100.428 -0.483
201412 2.622 99.070 3.488
201503 0.724 99.621 0.958
201506 0.912 100.684 1.194
201509 0.832 100.392 1.092
201512 -1.358 99.792 -1.793
201603 1.020 100.470 1.338
201606 1.568 101.688 2.032
201609 -1.785 101.861 -2.309
201612 2.393 101.863 3.096
201703 1.038 102.862 1.330
201706 -0.065 103.349 -0.083
201709 -0.577 104.136 -0.730
201712 0.922 104.011 1.168
201803 0.038 105.290 0.048
201806 -0.476 106.317 -0.590
201809 -0.542 106.507 -0.671
201812 0.117 105.998 0.145
201903 0.283 107.251 0.348
201906 1.759 108.070 2.145
201909 -2.632 108.329 -3.202
201912 -3.337 108.420 -4.056
202003 -1.125 108.902 -1.361
202006 -0.357 108.767 -0.433
202009 -1.411 109.815 -1.693
202012 0.211 109.897 0.253
202103 -3.455 111.754 -4.074
202106 0.721 114.631 0.829
202109 -1.774 115.734 -2.020
202112 0.638 117.630 0.715
202203 -1.390 121.301 -1.510
202206 -0.221 125.017 -0.233
202209 -1.408 125.227 -1.482
202212 -0.371 125.222 -0.390
202303 -0.350 127.348 -0.362
202306 2.196 128.729 2.248
202309 -0.732 129.860 -0.743
202312 -1.835 129.419 -1.868
202403 -0.941 131.776 -0.941

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


JG Summit Holdings  (PHS:JGS) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of JG Summit Holdings was 867.72. The lowest was 74.14. And the median was 134.48.


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.


JG Summit Holdings Cyclically Adjusted FCF per Share Related Terms

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


JG Summit Holdings (PHS:JGS) Business Description

Industry
Traded in Other Exchanges
Address
ADB Avenue Corner, Poveda Road, 43rd Floor, Robinsons-Equitable Tower, Ortigas Center, Metro Manila, Pasig City, RIZ, PHL, 1600
JG Summit Holdings Inc is a diversified Filipino conglomerate, engaged in foods, agro-industrial and commodities, real estate and hotel, air transportation, banking and petrochemicals. The company also has investments in telecommunications and power generation and distribution. It also has a branded consumer foods business in China, ASEAN and an investment in a property development company in Singapore. The Group conducts businesses throughout the Philippines, but primarily in and around Metro Manila and in the regions of Luzon, Visayas and Mindanao.

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