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Italpinas Development (PHS:IDC) Cyclically Adjusted Price-to-FCF : (As of Jun. 16, 2024)


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What is Italpinas Development Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Italpinas Development Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Italpinas Development'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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Italpinas Development Cyclically Adjusted Price-to-FCF Chart

Italpinas Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Italpinas Development Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Italpinas Development's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, Italpinas Development'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.


Italpinas Development's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

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



Italpinas Development 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.

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

For example, Italpinas Development'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)
=0.068/131.7762*131.7762
=0.068

Current CPI (Mar. 2024) = 131.7762.

Italpinas Development Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.000 96.871 0.000
201312 0.000 98.326 0.000
201412 0.000 99.070 0.000
201503 -0.026 99.621 -0.034
201506 0.001 100.684 0.001
201509 0.098 100.392 0.129
201512 -0.177 99.792 -0.234
201603 -0.014 100.470 -0.018
201606 0.034 101.688 0.044
201609 -0.168 101.861 -0.217
201612 -0.031 101.863 -0.040
201703 0.046 102.862 0.059
201706 -0.116 103.349 -0.148
201709 0.024 104.136 0.030
201712 -0.153 104.011 -0.194
201803 -0.014 105.290 -0.018
201806 -0.077 106.317 -0.095
201809 0.280 106.507 0.346
201812 -0.472 105.998 -0.587
201903 -0.047 107.251 -0.058
201906 -0.051 108.070 -0.062
201909 -0.013 108.329 -0.016
201912 -0.094 108.420 -0.114
202003 0.005 108.902 0.006
202006 0.013 108.767 0.016
202009 -0.090 109.815 -0.108
202012 0.125 109.897 0.150
202103 -0.140 111.754 -0.165
202106 0.027 114.631 0.031
202109 0.015 115.734 0.017
202112 0.034 117.630 0.038
202203 0.018 121.301 0.020
202206 0.100 125.017 0.105
202209 -0.043 125.227 -0.045
202212 -0.002 125.222 -0.002
202303 0.027 127.348 0.028
202306 0.202 128.729 0.207
202309 -0.358 129.860 -0.363
202312 -0.099 129.419 -0.101
202403 0.068 131.776 0.068

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.


Italpinas Development  (PHS:IDC) 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.


Italpinas Development Cyclically Adjusted Price-to-FCF Related Terms

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Italpinas Development (PHS:IDC) Business Description

Traded in Other Exchanges
N/A
Address
6811 Ayala Avenue, BPI Philam-Life Building, Unit 28C, 28 Floor, Metro Manila, Makati, RIZ, PHL, 1226
Italpinas Development Corp engages in the real estate development business in the Philippines. Its projects include Primavera Residences Towers A and B; Primavera City; and Miramonti. Geographically, it derives revenue from a domestic operation. It generates revenue from the sales, and leasing of properties.

Italpinas Development (PHS:IDC) Headlines

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