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Sime Darby Bhd (Sime Darby Bhd) Cyclically Adjusted FCF per Share : $0.06 (As of Mar. 2024)


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What is Sime Darby Bhd 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.

Sime Darby Bhd's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.003. 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 Mar. 2024.

During the past 12 months, Sime Darby Bhd's average Cyclically Adjusted FCF Growth Rate was -20.00% 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.

As of today (2024-06-09), Sime Darby Bhd's current stock price is $0.6087. Sime Darby Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.06. Sime Darby Bhd's Cyclically Adjusted Price-to-FCF of today is 10.15.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sime Darby Bhd was 10.54. The lowest was 5.71. And the median was 6.97.


Sime Darby Bhd Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sime Darby Bhd'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.

Sime Darby Bhd Cyclically Adjusted FCF per Share Chart

Sime Darby Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.07 0.08 - 0.07

Sime Darby Bhd 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 0.05 0.07 0.07 0.06 0.06

Competitive Comparison of Sime Darby Bhd's Cyclically Adjusted FCF per Share

For the Auto Manufacturers subindustry, Sime Darby Bhd'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.


Sime Darby Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sime Darby Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Sime Darby Bhd's Cyclically Adjusted Price-to-FCF falls into.



Sime Darby Bhd 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, Sime Darby Bhd'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)
=0.003/131.7762*131.7762
=0.003

Current CPI (Mar. 2024) = 131.7762.

Sime Darby Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.027 100.560 0.035
201409 0.001 100.428 0.001
201412 0.007 99.070 0.009
201503 0.005 99.621 0.007
201506 0.040 100.684 0.052
201509 -0.006 100.392 -0.008
201512 -0.014 99.792 -0.018
201603 0.024 100.470 0.031
201606 0.097 101.688 0.126
201609 0.007 101.861 0.009
201612 0.011 101.863 0.014
201703 0.035 102.862 0.045
201706 0.099 103.349 0.126
201709 0.010 104.136 0.013
201712 0.014 104.011 0.018
201803 0.008 105.290 0.010
201806 -0.005 106.317 -0.006
201809 -0.006 106.507 -0.007
201812 0.004 105.998 0.005
201903 -0.005 107.251 -0.006
201906 0.042 108.070 0.051
201909 -0.005 108.329 -0.006
201912 0.025 108.420 0.030
202003 0.010 108.902 0.012
202006 0.057 108.767 0.069
202009 0.041 109.815 0.049
202012 0.014 109.897 0.017
202103 0.023 111.754 0.027
202106 0.004 114.631 0.005
202109 0.012 115.734 0.014
202112 0.005 117.630 0.006
202203 -0.009 121.301 -0.010
202206 0.000 125.017 0.000
202209 0.002 125.227 0.002
202212 -0.020 125.222 -0.021
202303 -0.005 127.348 -0.005
202306 0.029 128.729 0.030
202309 -0.025 129.860 -0.025
202312 -0.022 129.419 -0.022
202403 0.003 131.776 0.003

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


Sime Darby Bhd  (OTCPK:SMEBF) 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.

Sime Darby Bhd's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.6087/0.06
=10.15

* 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 Sime Darby Bhd was 10.54. The lowest was 5.71. And the median was 6.97.


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.


Sime Darby Bhd Cyclically Adjusted FCF per Share Related Terms

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


Sime Darby Bhd (Sime Darby Bhd) Business Description

Traded in Other Exchanges
Address
Jalan PJU 1A/2, Level 9, Menara Sime Darby, Oasis Corporate Park, Ara Damansara, Petaling Jaya, SGR, MYS, 47301
Sime Darby Bhd is a Malaysia-based investment holding company. It organizes itself into five segments, based on business type: motors, industrial, healthcare, and others. The Industrial segment sells, rents, and services equipment and engineering services; the Motors segment, the largest contributor to revenue, assembles sells and rents out vehicles and provides after-sales services; the Healthcare segment invests in the Ramsay Sime Darby Health Care Group, providers of healthcare services; and Others include insurance broking and other general investments. Sime Darby derives revenue from Malaysia, Greater China, Other Countries in Asia, and Australasia.

Sime Darby Bhd (Sime Darby Bhd) Headlines

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