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Tabreed PJSC (DFM:TABREED) Cyclically Adjusted Price-to-FCF : 11.70 (As of May. 21, 2024)


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What is Tabreed PJSC Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Tabreed PJSC's current share price is د.إ3.16. Tabreed PJSC's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was د.إ0.27. Tabreed PJSC's Cyclically Adjusted Price-to-FCF for today is 11.70.

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

DFM:TABREED' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.93   Med: 13.52   Max: 17.99
Current: 11.83

During the past years, Tabreed PJSC's highest Cyclically Adjusted Price-to-FCF was 17.99. The lowest was 10.93. And the median was 13.52.

DFM:TABREED's Cyclically Adjusted Price-to-FCF is ranked better than
65.24% of 233 companies
in the Utilities - Regulated industry
Industry Median: 17.14 vs DFM:TABREED: 11.83

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.

Tabreed PJSC's adjusted free cash flow per share data for the three months ended in Mar. 2024 was د.إ0.066. 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 د.إ0.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tabreed PJSC Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tabreed PJSC'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.

Tabreed PJSC Cyclically Adjusted Price-to-FCF Chart

Tabreed PJSC 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 - 16.06 12.85 12.95 13.72

Tabreed PJSC 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 12.36 11.27 14.03 13.72 12.09

Competitive Comparison of Tabreed PJSC's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Water subindustry, Tabreed PJSC'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.


Tabreed PJSC's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tabreed PJSC's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Tabreed PJSC 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.

Tabreed PJSC's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.16/0.27
=11.70

* 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.

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

For example, Tabreed PJSC'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)
=0.066/131.7762*131.7762
=0.066

Current CPI (Mar. 2024) = 131.7762.

Tabreed PJSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.010 100.560 0.013
201409 0.012 100.428 0.016
201412 0.059 99.070 0.078
201503 0.016 99.621 0.021
201506 0.036 100.684 0.047
201509 0.047 100.392 0.062
201512 0.001 99.792 0.001
201603 0.012 100.470 0.016
201606 0.036 101.688 0.047
201609 0.015 101.861 0.019
201612 0.063 101.863 0.082
201703 -0.024 102.862 -0.031
201706 0.069 103.349 0.088
201709 0.015 104.136 0.019
201712 0.066 104.011 0.084
201803 0.051 105.290 0.064
201806 0.033 106.317 0.041
201809 0.076 106.507 0.094
201812 0.037 105.998 0.046
201903 0.076 107.251 0.093
201906 0.032 108.070 0.039
201909 0.070 108.329 0.085
201912 0.059 108.420 0.072
202003 -0.002 108.902 -0.002
202006 0.088 108.767 0.107
202009 0.059 109.815 0.071
202012 0.038 109.897 0.046
202103 0.043 111.754 0.051
202106 0.137 114.631 0.157
202109 0.080 115.734 0.091
202112 0.136 117.630 0.152
202203 0.126 121.301 0.137
202206 0.054 125.017 0.057
202209 0.074 125.227 0.078
202212 0.158 125.222 0.166
202303 0.108 127.348 0.112
202306 0.115 128.729 0.118
202309 0.069 129.860 0.070
202312 0.107 129.419 0.109
202403 0.066 131.776 0.066

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.


Tabreed PJSC  (DFM:TABREED) 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.


Tabreed PJSC Cyclically Adjusted Price-to-FCF Related Terms

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


Tabreed PJSC (DFM:TABREED) Business Description

Industry
Traded in Other Exchanges
N/A
Address
P.O. Box 29478, Masdar City, Abu Dhabi, ARE
Tabreed PJSC is engaged in to supply of chilled water, operation, and maintenance of plants, construction of secondary networks, manufacturing of pre-insulated pipes, and design and supervision consultancy. The company has two reportable operating segments. The chilled water segment constructs, owns, assembles, installs, operates, and maintains cooling and conditioning systems, and the Value chain business segment is involved in ancillary activities relating to the expansion of the group's chilled water business. The company generates key revenue from Chilled water.

Tabreed PJSC (DFM:TABREED) Headlines

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