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Pakistan Tobacco Co (KAR:PAKT) Cyclically Adjusted Price-to-FCF : 15.76 (As of Jun. 12, 2024)


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What is Pakistan Tobacco Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-12), Pakistan Tobacco Co's current share price is ₨908.31. Pakistan Tobacco Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₨57.62. Pakistan Tobacco Co's Cyclically Adjusted Price-to-FCF for today is 15.76.

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

KAR:PAKT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.3   Med: 19.45   Max: 38.54
Current: 16.02

During the past years, Pakistan Tobacco Co's highest Cyclically Adjusted Price-to-FCF was 38.54. The lowest was 11.30. And the median was 19.45.

KAR:PAKT's Cyclically Adjusted Price-to-FCF is ranked worse than
72% of 25 companies
in the Tobacco Products industry
Industry Median: 10.25 vs KAR:PAKT: 16.02

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.

Pakistan Tobacco Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₨58.149. 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 ₨57.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pakistan Tobacco Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pakistan Tobacco Co'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.

Pakistan Tobacco Co Cyclically Adjusted Price-to-FCF Chart

Pakistan Tobacco Co 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 - - 29.29 20.07 21.03

Pakistan Tobacco Co 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 13.07 13.91 13.73 21.03 19.49

Competitive Comparison of Pakistan Tobacco Co's Cyclically Adjusted Price-to-FCF

For the Tobacco subindustry, Pakistan Tobacco Co'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.


Pakistan Tobacco Co's Cyclically Adjusted Price-to-FCF Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Pakistan Tobacco Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Pakistan Tobacco Co 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.

Pakistan Tobacco Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=908.31/57.62
=15.76

* 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.

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

For example, Pakistan Tobacco Co'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)
=58.149/131.7762*131.7762
=58.149

Current CPI (Mar. 2024) = 131.7762.

Pakistan Tobacco Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -10.943 100.560 -14.340
201409 11.373 100.428 14.923
201412 -6.340 99.070 -8.433
201503 18.563 99.621 24.555
201506 -2.074 100.684 -2.714
201509 14.529 100.392 19.071
201512 -16.602 99.792 -21.923
201603 27.698 100.470 36.328
201606 6.980 101.688 9.045
201609 16.083 101.861 20.806
201612 -12.363 101.863 -15.994
201703 11.202 102.862 14.351
201706 -0.683 103.349 -0.871
201709 37.467 104.136 47.412
201712 15.651 104.011 19.829
201803 18.831 105.290 23.568
201806 -16.792 106.317 -20.813
201809 33.168 106.507 41.037
201812 6.023 105.998 7.488
201903 -5.987 107.251 -7.356
201906 9.318 108.070 11.362
201909 14.042 108.329 17.081
201912 5.465 108.420 6.642
202003 22.482 108.902 27.204
202006 17.081 108.767 20.694
202009 12.824 109.815 15.389
202012 18.110 109.897 21.716
202103 22.189 111.754 26.164
202106 3.163 114.631 3.636
202109 24.151 115.734 27.499
202112 15.274 117.630 17.111
202203 22.588 121.301 24.539
202206 42.497 125.017 44.795
202209 3.315 125.227 3.488
202212 19.275 125.222 20.284
202303 36.035 127.348 37.288
202306 3.915 128.729 4.008
202309 4.251 129.860 4.314
202312 -1.077 129.419 -1.097
202403 58.149 131.776 58.149

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.


Pakistan Tobacco Co  (KAR:PAKT) 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.


Pakistan Tobacco Co Cyclically Adjusted Price-to-FCF Related Terms

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


Pakistan Tobacco Co (KAR:PAKT) Business Description

Traded in Other Exchanges
N/A
Address
Serena Business Complex, P.O. Box 2549, Khayaban-e-Suhrwardy, Islamabad, PAK, 44000
Pakistan Tobacco Co Ltd is engaged in the manufacturing and distribution of cigarettes. The company's brand portfolio includes Dunhill, John Player, Capstan Filter, Gold Flake, and others.

Pakistan Tobacco Co (KAR:PAKT) Headlines

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