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Asia Pacific Breweries Limited (SGX:A46) Cyclically Adjusted Price-to-FCF : (As of May. 25, 2024)


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What is Asia Pacific Breweries Limited Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia Pacific Breweries Limited Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Asia Pacific Breweries Limited'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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Asia Pacific Breweries Limited Cyclically Adjusted Price-to-FCF Chart

Asia Pacific Breweries Limited Annual Data
Trend Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12
Cyclically Adjusted Price-to-FCF
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Asia Pacific Breweries Limited Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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Competitive Comparison of Asia Pacific Breweries Limited's Cyclically Adjusted Price-to-FCF

For the Beverages - Brewers subindustry, Asia Pacific Breweries Limited'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.


Asia Pacific Breweries Limited's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Asia Pacific Breweries Limited's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Asia Pacific Breweries Limited's Cyclically Adjusted Price-to-FCF falls into.



Asia Pacific Breweries Limited 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.

Asia Pacific Breweries Limited's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep12 is calculated as:

For example, Asia Pacific Breweries Limited's adjusted Free Cash Flow per Share data for the fiscal year that ended in Sep12 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep12 (Change)*Current CPI (Sep12)
=1.656/97.6331*97.6331
=1.656

Current CPI (Sep12) = 97.6331.

Asia Pacific Breweries Limited Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200309 25.527 78.138 31.896
200409 0.423 80.121 0.515
200509 0.408 83.876 0.475
200609 0.491 85.606 0.560
200709 0.495 87.964 0.549
200809 0.329 92.307 0.348
200909 0.875 91.120 0.938
201009 1.080 92.162 1.144
201109 1.467 95.727 1.496
201209 1.656 97.633 1.656

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.


Asia Pacific Breweries Limited  (SGX:A46) 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.


Asia Pacific Breweries Limited Cyclically Adjusted Price-to-FCF Related Terms

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Asia Pacific Breweries Limited (SGX:A46) Business Description

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