Victorias Milling Co (PHS:VMC) Cyclically Adjusted FCF per Share: ₱0.06 (As of Feb. 2026)


PHS:VMC Victorias Milling Co Inc PHS:VMC
93 GF Score
Price ₱1.98
GF Value ₱1.98
Valuation Fairly Valued
! 5 Warning Signs
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What is Victorias Milling Co Cyclically Adjusted FCF per Share?

Victorias Milling Co PHS:VMC 93 Cyclically Adjusted FCF per Share is ₱0.06 as of Feb. 2026. GuruFocus rates PHS:VMC with a GF Score™ of 93/100 and a GF Value™ of ₱1.98 (Fairly Valued). The stock has 5 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.

Victorias Milling Co's adjusted free cash flow per share for the three months ended in Feb. 2026 was ₱0.046. 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 ₱0.06 for the trailing ten years ended in Feb. 2026.

During the past 12 months, Victorias Milling Co's average Cyclically Adjusted FCF Growth Rate was -14.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -12.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.70% 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 Victorias Milling Co was 21.60% per year. The lowest was -12.60% per year. And the median was 12.80% per year.

As of today (2026-06-30), Victorias Milling Co's current stock price is ₱1.98. Victorias Milling Co's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2026 was ₱0.06. Victorias Milling Co's Cyclically Adjusted Price-to-FCF of today is 33.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Victorias Milling Co was 43.60. The lowest was 10.95. And the median was 23.00.


Victorias Milling Co  (PHS:VMC) 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.

Victorias Milling Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.98/0.06
=33.00

* 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 Victorias Milling Co was 43.60. The lowest was 10.95. And the median was 23.00.


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.


Victorias Milling Co Cyclically Adjusted FCF per Share Related Terms


Victorias Milling Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Victorias Milling Co'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.

Victorias Milling Co Cyclically Adjusted FCF per Share Chart

Victorias Milling Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.09 0.09 0.09 0.06

Victorias Milling Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.07 0.06 0.06 0.06 0.06

PHS:VMC vs MDLZ, HSY, TR: Cyclically Adjusted FCF per Share Comparison

For the Confectioners subindustry, Victorias Milling Co'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.


Victorias Milling Co Cyclically Adjusted Price-to-FCF vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Victorias Milling Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Victorias Milling Co's Cyclically Adjusted Price-to-FCF falls into.


PHS:VMC
93GF Score
Victorias Milling Co Inc PHS:VMC
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Victorias Milling Co 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, Victorias Milling Co's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=0.046/326.7850*326.7850
=0.046

Current CPI (Feb. 2026) = 326.7850.

Victorias Milling Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201605 -0.156 240.229 -0.212
201608 0.005 240.849 0.007
201611 -0.018 241.353 -0.024
201702 -0.159 243.603 -0.213
201705 -0.111 244.733 -0.148
201708 0.175 245.519 0.233
201711 -0.131 246.669 -0.174
201802 0.091 248.991 0.119
201805 0.021 251.588 0.027
201808 0.034 252.146 0.044
201811 -0.057 252.038 -0.074
201902 0.081 252.776 0.105
201905 0.169 256.092 0.216
201908 -0.109 256.558 -0.139
201911 -0.004 257.208 -0.005
202002 0.049 258.678 0.062
202005 -0.057 256.394 -0.073
202008 0.058 259.918 0.073
202011 0.085 260.229 0.107
202102 0.078 263.014 0.097
202105 0.010 269.195 0.012
202108 0.027 273.567 0.032
202111 0.106 277.948 0.125
202202 -0.025 283.716 -0.029
202205 0.015 292.296 0.017
202208 0.123 296.171 0.136
202211 -0.027 297.711 -0.030
202302 0.141 300.840 0.153
202305 0.051 304.127 0.055
202308 -0.101 307.026 -0.107
202311 -0.130 307.051 -0.138
202402 -0.009 310.326 -0.009
202405 0.069 314.069 0.072
202408 0.307 314.796 0.319
202411 -0.275 315.493 -0.285
202502 0.062 319.082 0.063
202505 0.088 321.465 0.089
202508 0.033 323.976 0.033
202511 -0.012 324.122 -0.012
202602 0.046 326.785 0.046

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 ₱0.06 mean?
Victorias Milling Co (PHS:VMC) has a Cyclically Adjusted FCF per Share of ₱0.06 as of Feb. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Victorias Milling Co and its competitors.
Is Victorias Milling Co's Cyclically Adjusted FCF per Share too high?
Victorias Milling Co's current Cyclically Adjusted FCF per Share is ₱0.06. Overall, Victorias Milling Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Victorias Milling Co's Cyclically Adjusted FCF per Share compare to MDLZ and HSY?
Victorias Milling Co's Cyclically Adjusted FCF per Share of ₱0.06 can be compared against companies in the Consumer Packaged Goods 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 a Consumer Packaged Goods company?
A good Cyclically Adjusted FCF per Share depends on the Consumer Packaged Goods 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 Victorias Milling Co and its competitors. Victorias Milling Co's current Cyclically Adjusted FCF per Share is ₱0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victorias Milling Co stock overvalued right now?
Based on GuruFocus' analysis, Victorias Milling Co (PHS:VMC) is currently considered Fairly Valued. The stock's GF Value™ is ₱1.98, compared to a current price of ₱1.98 — trading right at its estimated fair value. The current Cyclically Adjusted FCF per Share is ₱0.06. Victorias Milling Co's overall GF Score™ is 93/100 with 5 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 Victorias Milling Co (PHS:VMC), the current Cyclically Adjusted FCF per Share is ₱0.06 as of Feb. 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 Victorias Milling Co (PHS:VMC) Overvalued in 2026?

Based on GuruFocus' analysis, Victorias Milling Co stock appears to be undervalued. The current stock price of ₱1.98 is trading 0% below its estimated GF Value™ of ₱1.98. GuruFocus considers Victorias Milling Co to be Fairly Valued.

Key valuation signals for PHS:VMC:

  • Cyclically Adjusted FCF per Share: ₱0.06
  • GF Value™: ₱1.98 vs. price of ₱1.98 (0% below fair value)
  • GF Score™: 93/100 with 5 warning signs

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


Victorias Milling Co Business Description

Address J.J. Ossorio Street, VMC Compound, Barangay XVI, Negros Occidental, Victorias, NEC, PHL, 6119
Victorias Milling Co Inc is a Philippines-based company engaged in sugar manufacturing. The company offers milling and tolling services to planters and sells raw sugar, refined sugar, molasses, and renewable energy. The company operates through business segments that include Sugar Milling, Renewable Energy Operations, and Others. The Sugar Milling segment generates maximum revenue for the company.
93GF Score

Get the complete analysis for PHS:VMC

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

₱1.98
Price
₱1.98
GF Value