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Manila Water Co (PHS:MWC) Cyclically Adjusted Price-to-FCF : 826.67 (As of May. 06, 2024)


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What is Manila Water Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-06), Manila Water Co's current share price is ₱24.80. Manila Water Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₱0.03. Manila Water Co's Cyclically Adjusted Price-to-FCF for today is 826.67.

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

PHS:MWC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.3   Med: 32.62   Max: 821.67
Current: 805.92

During the past years, Manila Water Co's highest Cyclically Adjusted Price-to-FCF was 821.67. The lowest was 9.30. And the median was 32.62.

PHS:MWC's Cyclically Adjusted Price-to-FCF is ranked worse than
99.15% of 235 companies
in the Utilities - Regulated industry
Industry Median: 17.09 vs PHS:MWC: 805.92

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.

Manila Water Co's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ₱-0.491. 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 ₱0.03 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Manila Water Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Manila Water 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.

Manila Water Co Cyclically Adjusted Price-to-FCF Chart

Manila Water 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 20.08 27.78 43.90 109.13 608.12

Manila Water Co 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 109.13 127.99 101.71 151.03 608.12

Competitive Comparison of Manila Water Co's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Water subindustry, Manila Water 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.


Manila Water Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Manila Water Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Manila Water 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.

Manila Water Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=24.80/0.03
=826.67

* 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.

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

For example, Manila Water Co'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)
=-0.491/129.4194*129.4194
=-0.491

Current CPI (Dec. 2023) = 129.4194.

Manila Water Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.854 99.695 1.109
201406 0.222 100.560 0.286
201409 0.412 100.428 0.531
201412 0.339 99.070 0.443
201503 0.889 99.621 1.155
201506 0.086 100.684 0.111
201509 0.606 100.392 0.781
201512 0.067 99.792 0.087
201603 0.488 100.470 0.629
201606 0.333 101.688 0.424
201609 0.010 101.861 0.013
201612 -0.719 101.863 -0.914
201703 0.893 102.862 1.124
201706 -0.394 103.349 -0.493
201709 -0.607 104.136 -0.754
201712 -0.569 104.011 -0.708
201803 0.225 105.290 0.277
201806 0.152 106.317 0.185
201809 0.183 106.507 0.222
201812 0.226 105.998 0.276
201903 0.677 107.251 0.817
201906 -0.519 108.070 -0.622
201909 0.074 108.329 0.088
201912 -0.913 108.420 -1.090
202003 0.352 108.902 0.418
202006 -0.807 108.767 -0.960
202009 0.720 109.815 0.849
202012 -0.943 109.897 -1.111
202103 0.256 111.754 0.296
202106 -0.111 114.631 -0.125
202109 -0.002 115.734 -0.002
202112 -0.675 117.630 -0.743
202203 -1.291 121.301 -1.377
202206 -0.228 125.017 -0.236
202209 -0.119 125.227 -0.123
202212 -1.185 125.222 -1.225
202303 0.252 127.348 0.256
202306 0.640 128.729 0.643
202309 0.262 129.860 0.261
202312 -0.491 129.419 -0.491

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.


Manila Water Co  (PHS:MWC) 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.


Manila Water Co Cyclically Adjusted Price-to-FCF Related Terms

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


Manila Water Co (PHS:MWC) Business Description

Traded in Other Exchanges
Address
489 Katipunan Road, 2nd Floor, MWSS Administration Building, Balara, Quezon, PHL, 1105
Manila Water Co Inc is a water and wastewater management company. Its operations can be divided among Metro Manila East Zone and Manila Water Philippine Ventures, which operate across municipalities in the Philippines, and Manila Water Asia Pacific, which operates in Vietnam, Myanmar, and Indonesia. The segments of the company consist of Manila Concession and Head Office, Domestic Subsidiaries, and Foreign Subsidiaries. The Manila Concession and Head Office generate maximum revenue for the company.

Manila Water Co (PHS:MWC) Headlines

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