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DMCI Holdings (PHS:DMC) Cyclically Adjusted Price-to-FCF : 9.18 (As of May. 03, 2024)


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What is DMCI Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-05-03), DMCI Holdings's current share price is ₱10.92. DMCI Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₱1.19. DMCI Holdings's Cyclically Adjusted Price-to-FCF for today is 9.18.

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

PHS:DMC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.81   Med: 11.04   Max: 24.95
Current: 9.18

During the past years, DMCI Holdings's highest Cyclically Adjusted Price-to-FCF was 24.95. The lowest was 5.81. And the median was 11.04.

PHS:DMC's Cyclically Adjusted Price-to-FCF is ranked better than
70.95% of 210 companies
in the Conglomerates industry
Industry Median: 18.935 vs PHS:DMC: 9.18

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.

DMCI Holdings's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ₱0.625. 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 ₱1.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


DMCI Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for DMCI Holdings'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.

DMCI Holdings Cyclically Adjusted Price-to-FCF Chart

DMCI Holdings 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 10.74 9.83 11.62 12.22 8.22

DMCI Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.22 10.99 7.30 8.24 8.22

Competitive Comparison of DMCI Holdings's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, DMCI Holdings'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.


DMCI Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, DMCI Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



DMCI Holdings 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.

DMCI Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.92/1.19
=9.18

* 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.

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

For example, DMCI Holdings'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)
=0.625/129.4194*129.4194
=0.625

Current CPI (Dec. 2023) = 129.4194.

DMCI Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.121 99.695 0.157
201406 0.193 100.560 0.248
201409 -0.694 100.428 -0.894
201412 0.312 99.070 0.408
201503 0.286 99.621 0.372
201506 0.291 100.684 0.374
201509 -0.061 100.392 -0.079
201512 0.015 99.792 0.019
201603 0.129 100.470 0.166
201606 0.281 101.688 0.358
201609 0.157 101.861 0.199
201612 0.354 101.863 0.450
201703 0.171 102.862 0.215
201706 0.149 103.349 0.187
201709 0.204 104.136 0.254
201712 0.539 104.011 0.671
201803 0.229 105.290 0.281
201806 0.101 106.317 0.123
201809 0.087 106.507 0.106
201812 -0.039 105.998 -0.048
201903 0.072 107.251 0.087
201906 0.312 108.070 0.374
201909 -0.022 108.329 -0.026
201912 0.386 108.420 0.461
202003 -0.292 108.902 -0.347
202006 0.007 108.767 0.008
202009 0.192 109.815 0.226
202012 0.339 109.897 0.399
202103 0.040 111.754 0.046
202106 0.064 114.631 0.072
202109 0.516 115.734 0.577
202112 0.586 117.630 0.645
202203 1.043 121.301 1.113
202206 1.021 125.017 1.057
202209 0.275 125.227 0.284
202212 0.375 125.222 0.388
202303 0.638 127.348 0.648
202306 1.429 128.729 1.437
202309 0.250 129.860 0.249
202312 0.625 129.419 0.625

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.


DMCI Holdings  (PHS:DMC) 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.


DMCI Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


DMCI Holdings (PHS:DMC) Business Description

Industry
Traded in Other Exchanges
Address
2281 Don Chino Roces Avenue, 3rd Floor, Dacon Building, Makati, PHL, 1231
DMCI Holdings is an engineering conglomerate in the Philippines, primarily operating in construction, real estate development, power generation, mining, water distribution, and manufacturing. The activities of the company include construction-related businesses such as production and trading of concrete products, exploration, mining, and development of coal resources, mining and selling nickel ore, residential development, power generation through coal-fired power plants and satellite power plants, and water services. It organizes its business into seven operating segments: constructions and others; coal mining; nickel mining; real estate; on-grid power; off-grid power; and water. Majority of revenue is generated from coal mining segment.

DMCI Holdings (PHS:DMC) Headlines

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