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Emaar the Economic City JSC (SAU:4220) Cyclically Adjusted FCF per Share : ﷼-0.71 (As of Dec. 2023)


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What is Emaar the Economic City JSC 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.

Emaar the Economic City JSC's adjusted free cash flow per share for the three months ended in Dec. 2023 was ﷼-0.199. 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 ﷼-0.71 for the trailing ten years ended in Dec. 2023.

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 (2024-05-21), Emaar the Economic City JSC's current stock price is ﷼6.80. Emaar the Economic City JSC's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ﷼-0.71. Emaar the Economic City JSC's Cyclically Adjusted Price-to-FCF of today is .


Emaar the Economic City JSC Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Emaar the Economic City JSC'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.

Emaar the Economic City JSC Cyclically Adjusted FCF per Share Chart

Emaar the Economic City JSC 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 - - - -0.74 -0.71

Emaar the Economic City JSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.74 -0.73 -0.74 -0.71 -0.71

Competitive Comparison of Emaar the Economic City JSC's Cyclically Adjusted FCF per Share

For the Real Estate - Development subindustry, Emaar the Economic City JSC'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.


Emaar the Economic City JSC's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Emaar the Economic City JSC's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Emaar the Economic City JSC's Cyclically Adjusted Price-to-FCF falls into.



Emaar the Economic City JSC 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, Emaar the Economic City JSC's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.199/129.4194*129.4194
=-0.199

Current CPI (Dec. 2023) = 129.4194.

Emaar the Economic City JSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.038 99.695 -0.049
201406 0.828 100.560 1.066
201409 -0.350 100.428 -0.451
201412 0.225 99.070 0.294
201503 -0.364 99.621 -0.473
201506 -0.154 100.684 -0.198
201509 -0.854 100.392 -1.101
201512 -0.148 99.792 -0.192
201603 -0.278 100.470 -0.358
201606 -0.390 101.688 -0.496
201609 -0.445 101.861 -0.565
201612 -0.118 101.863 -0.150
201703 -0.282 102.862 -0.355
201706 -0.440 103.349 -0.551
201709 -0.161 104.136 -0.200
201712 -0.125 104.011 -0.156
201803 -0.262 105.290 -0.322
201806 -0.622 106.317 -0.757
201809 -0.219 106.507 -0.266
201812 -0.138 105.998 -0.168
201903 -0.337 107.251 -0.407
201906 0.184 108.070 0.220
201909 -0.323 108.329 -0.386
201912 -0.274 108.420 -0.327
202003 -0.216 108.902 -0.257
202006 0.064 108.767 0.076
202009 -0.081 109.815 -0.095
202012 -0.024 109.897 -0.028
202103 0.097 111.754 0.112
202106 -0.114 114.631 -0.129
202109 0.043 115.734 0.048
202112 0.096 117.630 0.106
202203 0.012 121.301 0.013
202206 -0.114 125.017 -0.118
202209 -0.068 125.227 -0.070
202212 -0.033 125.222 -0.034
202303 0.011 127.348 0.011
202306 -0.094 128.729 -0.095
202309 -0.070 129.860 -0.070
202312 -0.199 129.419 -0.199

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


Emaar the Economic City JSC  (SAU:4220) 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.


Emaar the Economic City JSC Cyclically Adjusted FCF per Share Related Terms

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


Emaar the Economic City JSC (SAU:4220) Business Description

Traded in Other Exchanges
N/A
Address
Abdullah Economic City, Rabigh, SAU
Emaar the Economic City JSC is a real estate development and management company. The main activity of the company is the development of the King Abdullah Economic City (KAEC). It is also engaged in the development of real estate in the economic and other zones and other development activities, including infrastructures, promotion, marketing and sale of land within development areas, development of buildings and housing units, and construction on behalf of other parties.

Emaar the Economic City JSC (SAU:4220) Headlines

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