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Ayala Land (Ayala Land) Cyclically Adjusted Price-to-FCF : 24.00 (As of Jun. 16, 2024)


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What is Ayala Land Cyclically Adjusted Price-to-FCF?

As of today (2024-06-16), Ayala Land's current share price is $0.48. Ayala Land's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.02. Ayala Land's Cyclically Adjusted Price-to-FCF for today is 24.00.

The historical rank and industry rank for Ayala Land's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

AYAAF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.8   Med: 28.57   Max: 47.32
Current: 21.73

During the past years, Ayala Land's highest Cyclically Adjusted Price-to-FCF was 47.32. The lowest was 16.80. And the median was 28.57.

AYAAF's Cyclically Adjusted Price-to-FCF is ranked worse than
71.12% of 696 companies
in the Real Estate industry
Industry Median: 12.28 vs AYAAF: 21.73

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.

Ayala Land's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.002. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ayala Land Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ayala Land's Cyclically Adjusted Price-to-FCF 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.

Ayala Land Cyclically Adjusted Price-to-FCF Chart

Ayala Land Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.63 34.77 30.18 21.77 25.41

Ayala Land Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 18.66 18.31 21.72 25.41 25.25

Competitive Comparison of Ayala Land's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Ayala Land'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.


Ayala Land's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

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



Ayala Land Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Ayala Land's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.48/0.02
=24.00

* 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.

Ayala Land's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ayala Land'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)
=0.002/131.7762*131.7762
=0.002

Current CPI (Mar. 2024) = 131.7762.

Ayala Land Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.004 100.560 0.005
201409 0.000 100.428 0.000
201412 0.021 99.070 0.028
201503 0.001 99.621 0.001
201506 0.004 100.684 0.005
201509 -0.006 100.392 -0.008
201512 0.017 99.792 0.022
201603 0.008 100.470 0.010
201606 0.004 101.688 0.005
201609 -0.007 101.861 -0.009
201612 0.030 101.863 0.039
201703 0.016 102.862 0.020
201706 0.006 103.349 0.008
201709 0.016 104.136 0.020
201712 -0.012 104.011 -0.015
201803 0.019 105.290 0.024
201806 0.002 106.317 0.002
201809 -0.017 106.507 -0.021
201812 0.005 105.998 0.006
201903 0.010 107.251 0.012
201906 -0.021 108.070 -0.026
201909 -0.010 108.329 -0.012
201912 0.050 108.420 0.061
202003 -0.027 108.902 -0.033
202006 -0.010 108.767 -0.012
202009 0.000 109.815 0.000
202012 0.019 109.897 0.023
202103 -0.003 111.754 -0.004
202106 0.003 114.631 0.003
202109 0.011 115.734 0.013
202112 -0.007 117.630 -0.008
202203 0.004 121.301 0.004
202206 0.007 125.017 0.007
202209 0.008 125.227 0.008
202212 0.007 125.222 0.007
202303 -0.010 127.348 -0.010
202306 0.009 128.729 0.009
202309 0.006 129.860 0.006
202312 0.018 129.419 0.018
202403 0.002 131.776 0.002

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


Ayala Land  (OTCPK:AYAAF) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Ayala Land Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Ayala Land's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Ayala Land (Ayala Land) Business Description

Industry
Traded in Other Exchanges
Address
Ayala Triangle, Ayala Avenue, 31st Floor, Tower One and Exchange Plaza, Makati City, PHL, 1226
Ayala Land is a real estate conglomerate operating in the Philippines that plans and develops large-scale, integrated estates. Ayala develops commercial and industrial parks and engages in property management and construction. The company operates in seven business segments: Property Development; International; Shopping Centers; Offices; Hotels and Resorts; Construction; Property Management and Others. The majority of revenue gets derived from the Property development segment that engages in the sale of high-end and upper-middle-income residential lots and units, affordable housing units and lots, economic housing, and leisure community developments.

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