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Belle (BLCTY) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is Belle Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Belle Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Belle'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.

Belle Cyclically Adjusted Price-to-FCF Chart

Belle 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 10.75 10.07 7.07 5.23 4.03

Belle 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 5.47 6.18 5.75 4.03 5.88

Competitive Comparison of Belle's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Belle'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.


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

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

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



Belle 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.

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

For example, Belle'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.

Belle Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 0.003 99.621 0.004
201506 -0.002 100.684 -0.003
201509 0.000 100.392 0.000
201512 0.000 99.792 0.000
201603 -0.002 100.470 -0.003
201606 0.006 101.688 0.008
201609 0.000 101.861 0.000
201612 0.001 101.863 0.001
201703 0.001 102.862 0.001
201706 0.002 103.349 0.003
201709 0.002 104.136 0.003
201712 0.002 104.011 0.003
201803 0.002 105.290 0.003
201806 0.003 106.317 0.004
201809 0.002 106.507 0.002
201812 0.001 105.998 0.001
201903 0.002 107.251 0.002
201906 0.003 108.070 0.004
201909 0.002 108.329 0.002
201912 0.001 108.420 0.001
202003 0.001 108.902 0.001
202006 0.000 108.767 0.000
202009 -0.001 109.815 -0.001
202012 -0.001 109.897 -0.001
202103 0.000 111.754 0.000
202106 0.000 114.631 0.000
202109 0.001 115.734 0.001
202112 0.001 117.630 0.001
202203 0.000 121.301 0.000
202206 0.001 125.017 0.001
202209 0.001 125.227 0.001
202212 0.001 125.222 0.001
202303 0.001 127.348 0.001
202306 0.001 128.729 0.001
202309 0.002 129.860 0.002
202312 0.003 129.419 0.003
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.


Belle  (OTCPK:BLCTY) 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.


Belle Cyclically Adjusted Price-to-FCF Related Terms

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Belle (BLCTY) Business Description

Industry
Traded in Other Exchanges
Address
Palm Coast Avenue, 5th Floor, Tower A, Two E-com Center, Mall of Asia Complex, CBP-1A, Pasay, PHL, 1300
Belle Corporation is a high-end residential and leisure properties developer in the Philippines. The company's two operating segments are the real estate development and property management strategic unit, and the gaming and gaming-related activities business unit. Belle operates notable real estate assets such as City of Dreams Manila and the Tagaytay Highlands. In the gaming segment, its subsidiary, Premium Leisure Corp, generates revenue through activities such as leasing lottery and keno machines as well as operating casinos and resorts.

Belle (BLCTY) Headlines

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