GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Araneta Properties Inc (PHS:ARA) » Definitions » Cyclically Adjusted Price-to-FCF

Araneta Properties (PHS:ARA) Cyclically Adjusted Price-to-FCF : 82.00 (As of Jun. 24, 2024)


View and export this data going back to 1989. Start your Free Trial

What is Araneta Properties Cyclically Adjusted Price-to-FCF?

As of today (2024-06-24), Araneta Properties's current share price is ₱0.82. Araneta Properties's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₱0.01. Araneta Properties's Cyclically Adjusted Price-to-FCF for today is 82.00.

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

PHS:ARA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 78   Med: 111   Max: 222
Current: 79.97

During the past years, Araneta Properties's highest Cyclically Adjusted Price-to-FCF was 222.00. The lowest was 78.00. And the median was 111.00.

PHS:ARA's Cyclically Adjusted Price-to-FCF is ranked worse than
92.42% of 699 companies
in the Real Estate industry
Industry Median: 12.13 vs PHS:ARA: 79.97

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.

Araneta Properties's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₱0.057. 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 ₱0.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Araneta Properties Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Araneta Properties'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.

Araneta Properties Cyclically Adjusted Price-to-FCF Chart

Araneta Properties 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 153.34 83.03 81.98 150.35 213.62

Araneta Properties 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 102.81 87.92 83.51 213.62 92.64

Competitive Comparison of Araneta Properties's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Araneta Properties'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.


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

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

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



Araneta Properties 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.

Araneta Properties's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.82/0.01
=82.00

* 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.

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

For example, Araneta Properties'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)
=0.057/131.7762*131.7762
=0.057

Current CPI (Mar. 2024) = 131.7762.

Araneta Properties Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.057 100.560 0.075
201409 0.051 100.428 0.067
201412 -0.010 99.070 -0.013
201503 0.004 99.621 0.005
201506 -0.007 100.684 -0.009
201509 -0.031 100.392 -0.041
201512 -0.050 99.792 -0.066
201603 -0.006 100.470 -0.008
201606 -0.002 101.688 -0.003
201609 -0.024 101.861 -0.031
201612 0.029 101.863 0.038
201703 -0.020 102.862 -0.026
201706 -0.004 103.349 -0.005
201709 0.030 104.136 0.038
201712 0.008 104.011 0.010
201803 0.008 105.290 0.010
201806 0.008 106.317 0.010
201809 -0.019 106.507 -0.024
201812 0.025 105.998 0.031
201903 -0.005 107.251 -0.006
201906 -0.001 108.070 -0.001
201909 -0.002 108.329 -0.002
201912 0.005 108.420 0.006
202003 0.013 108.902 0.016
202006 0.008 108.767 0.010
202009 -0.002 109.815 -0.002
202012 -0.010 109.897 -0.012
202103 -0.004 111.754 -0.005
202106 -0.009 114.631 -0.010
202109 -0.004 115.734 -0.005
202112 0.003 117.630 0.003
202203 -0.003 121.301 -0.003
202206 -0.002 125.017 -0.002
202209 -0.003 125.227 -0.003
202212 0.012 125.222 0.013
202303 -0.005 127.348 -0.005
202306 -0.002 128.729 -0.002
202309 -0.004 129.860 -0.004
202312 0.003 129.419 0.003
202403 0.057 131.776 0.057

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.


Araneta Properties  (PHS:ARA) 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.


Araneta Properties Cyclically Adjusted Price-to-FCF Related Terms

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


Araneta Properties (PHS:ARA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Paseo de Roxas, 21st Floor, BDO Towers Valero Condo Corp, Makati, PHL, 1227
Araneta Properties Inc is a real estate developer in the Philippines. The company acquires, owns, holds, improves, develops, subdivides, sells, leases, rents, mortgages, manages, and otherwise deals in real estate or any interest therein for residential, commercial, industrial, and recreational purposes. Its property portfolio consists of San Jose del Monte, Bulacan Property; Smelting Plant Property; Land Banking Activities in San Jose Del Monte, Bulacan; and the Land Banking Activities City of Laoag, Ilocos Norte.

Araneta Properties (PHS:ARA) Headlines

From GuruFocus