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Emperador (SGX:EMI) Cyclically Adjusted Price-to-FCF : (As of May. 27, 2024)


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What is Emperador Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Emperador Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Emperador'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.

Emperador Cyclically Adjusted Price-to-FCF Chart

Emperador 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 - 0.82 2.41 7.47 108.16

Emperador 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 7.41 104.73 102.07 108.16 96.64

Competitive Comparison of Emperador's Cyclically Adjusted Price-to-FCF

For the Beverages - Wineries & Distilleries subindustry, Emperador'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.


Emperador's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

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

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



Emperador 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.

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

For example, Emperador'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)
=0.002/131.7762*131.7762
=0.002

Current CPI (Mar. 2024) = 131.7762.

Emperador Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.002 100.560 -0.003
201409 -0.001 100.428 -0.001
201412 0.011 99.070 0.015
201503 -0.007 99.621 -0.009
201506 0.000 100.684 0.000
201509 0.003 100.392 0.004
201512 0.003 99.792 0.004
201603 0.005 100.470 0.007
201606 0.001 101.688 0.001
201609 -0.008 101.861 -0.010
201612 -0.002 101.863 -0.003
201703 0.001 102.862 0.001
201706 -0.002 103.349 -0.003
201709 -0.001 104.136 -0.001
201712 -0.008 104.011 -0.010
201803 0.003 105.290 0.004
201806 -0.002 106.317 -0.002
201809 -0.002 106.507 -0.002
201812 0.001 105.998 0.001
201903 0.003 107.251 0.004
201906 -0.002 108.070 -0.002
201909 0.001 108.329 0.001
201912 0.005 108.420 0.006
202003 0.003 108.902 0.004
202006 0.000 108.767 0.000
202009 0.005 109.815 0.006
202012 0.002 109.897 0.002
202103 0.007 111.754 0.008
202106 0.002 114.631 0.002
202109 0.005 115.734 0.006
202112 0.006 117.630 0.007
202203 0.005 121.301 0.005
202206 0.001 125.017 0.001
202209 0.001 125.227 0.001
202212 -0.001 125.222 -0.001
202303 0.001 127.348 0.001
202306 0.001 128.729 0.001
202309 -0.001 129.860 -0.001
202312 0.002 129.419 0.002
202403 0.002 131.776 0.002

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.


Emperador  (SGX:EMI) 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.


Emperador Cyclically Adjusted Price-to-FCF Related Terms

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


Emperador (SGX:EMI) Business Description

Traded in Other Exchanges
Address
1880 Eastwood Avenue, Eastwood City CyberPark, 7th Floor, 188 East Rodriguez, Junior Avenue, Bagumbayan, Quezon, PHL, 1110
Emperador Inc manufactures, sells, and distributes spirits and other alcoholic beverages through two main business segments: brandy and Scotch whiskey. The brandy segment, which accounts for more than half of the company's total revenue focuses on sales in the Philippines and Spain. This segment also has a distribution network for its operations, which includes sales offices and distribution outlets throughout the Philippines. The Scotch whiskey business sells in the United Kingdom. Brands that Emperador owns or licenses include The Dalmore, Fundador, Jura, Emperador, Andy Player, Whyte and Mackay, Smirnoff, and BaR. The company produces in the Philippines and Europe.

Emperador (SGX:EMI) Headlines

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