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Square Textiles (DHA:SQUARETEXT) Cyclically Adjusted Price-to-FCF : (As of May. 06, 2024)


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What is Square Textiles Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Square Textiles Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Square Textiles'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.

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Square Textiles Cyclically Adjusted Price-to-FCF Chart

Square Textiles Annual Data
Trend Dec12 Dec13 Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Square Textiles Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Square Textiles's Cyclically Adjusted Price-to-FCF

For the Textile Manufacturing subindustry, Square Textiles'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.


Square Textiles's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Square Textiles's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Square Textiles 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.

Square Textiles's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Square Textiles'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)
=-1.374/129.4194*129.4194
=-1.374

Current CPI (Dec. 2023) = 129.4194.

Square Textiles Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 0.000 98.518 0.000
201309 -1.703 98.790 -2.231
201312 -0.039 98.326 -0.051
201403 0.172 99.695 0.223
201406 0.681 100.560 0.876
201409 1.792 100.428 2.309
201412 1.426 99.070 1.863
201503 0.484 99.621 0.629
201506 2.342 100.684 3.010
201509 0.471 100.392 0.607
201609 -0.988 101.861 -1.255
201612 0.154 101.863 0.196
201703 -2.951 102.862 -3.713
201706 -0.420 103.349 -0.526
201709 -1.637 104.136 -2.034
201712 2.158 104.011 2.685
201803 -4.102 105.290 -5.042
201806 -3.309 106.317 -4.028
201809 -0.846 106.507 -1.028
201812 -3.576 105.998 -4.366
201903 -3.041 107.251 -3.670
201906 -1.947 108.070 -2.332
201909 1.440 108.329 1.720
201912 -1.457 108.420 -1.739
202003 -1.474 108.902 -1.752
202006 -3.405 108.767 -4.052
202009 1.434 109.815 1.690
202012 1.350 109.897 1.590
202103 -1.626 111.754 -1.883
202106 2.145 114.631 2.422
202109 4.985 115.734 5.574
202112 -1.310 117.630 -1.441
202203 2.390 121.301 2.550
202206 -6.304 125.017 -6.526
202209 2.609 125.227 2.696
202212 -1.472 125.222 -1.521
202303 -3.424 127.348 -3.480
202306 -5.748 128.729 -5.779
202309 3.269 129.860 3.258
202312 -1.374 129.419 -1.374

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.


Square Textiles  (DHA:SQUARETEXT) 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.


Square Textiles Cyclically Adjusted Price-to-FCF Related Terms

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


Square Textiles (DHA:SQUARETEXT) Business Description

Traded in Other Exchanges
N/A
Address
Square Centre, 48 Mohakhali Commercial Area, Dhaka, BGD, 1212
Square Textiles PLC is engaged in developing, manufacturing, and marketing cotton/yarn for human as well as industrial use. The company produces cotton yarn, polyester, organic yarn, bamboo yarn and blended yarn mix of cotton, and polyester of different counts. The firm is based in Bangladesh.

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