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Vietnam Dairy Products JSC (STC:VNM) Cyclically Adjusted Price-to-FCF : 17.97 (As of May. 15, 2024)


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What is Vietnam Dairy Products JSC Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Vietnam Dairy Products JSC's current share price is ₫66500.00. Vietnam Dairy Products JSC's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₫3,700.43. Vietnam Dairy Products JSC's Cyclically Adjusted Price-to-FCF for today is 17.97.

The historical rank and industry rank for Vietnam Dairy Products JSC's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

STC:VNM' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.35   Med: 21.36   Max: 39.42
Current: 17.97

During the past years, Vietnam Dairy Products JSC's highest Cyclically Adjusted Price-to-FCF was 39.42. The lowest was 17.35. And the median was 21.36.

STC:VNM's Cyclically Adjusted Price-to-FCF is ranked better than
61.29% of 713 companies
in the Consumer Packaged Goods industry
Industry Median: 23.88 vs STC:VNM: 17.97

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.

Vietnam Dairy Products JSC's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₫253.162. 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 ₫3,700.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vietnam Dairy Products JSC Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Vietnam Dairy Products JSC'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.

Vietnam Dairy Products JSC Cyclically Adjusted Price-to-FCF Chart

Vietnam Dairy Products JSC 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 - 37.66 26.69 20.96 18.18

Vietnam Dairy Products JSC 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 20.32 19.00 19.38 18.18 18.27

Competitive Comparison of Vietnam Dairy Products JSC's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, Vietnam Dairy Products JSC'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.


Vietnam Dairy Products JSC's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vietnam Dairy Products JSC's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Vietnam Dairy Products JSC's Cyclically Adjusted Price-to-FCF falls into.



Vietnam Dairy Products JSC 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.

Vietnam Dairy Products JSC's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=66500.00/3700.43
=17.97

* 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.

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

For example, Vietnam Dairy Products JSC'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)
=253.162/129.4194*129.4194
=253.162

Current CPI (Mar. 2024) = 129.4194.

Vietnam Dairy Products JSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 732.868 100.560 943.196
201409 376.099 100.428 484.672
201412 606.000 99.070 791.646
201503 471.086 99.621 611.996
201506 841.245 100.684 1,081.339
201509 995.173 100.392 1,282.924
201512 670.832 99.792 869.993
201603 441.471 100.470 568.674
201606 1,286.368 101.688 1,637.173
201609 1,156.976 101.861 1,469.995
201612 877.242 101.863 1,114.560
201703 1,204.520 102.862 1,515.506
201706 1,034.222 103.349 1,295.109
201709 854.547 104.136 1,062.028
201712 15.030 104.011 18.702
201803 17.285 105.290 21.246
201806 661.983 106.317 805.832
201809 647.808 106.507 787.170
201812 812.117 105.998 991.564
201903 344.981 107.251 416.289
201906 1,194.721 108.070 1,430.747
201909 1,256.541 108.329 1,501.169
201912 1,222.430 108.420 1,459.196
202003 713.861 108.902 848.358
202006 1,137.276 108.767 1,353.215
202009 1,500.289 109.815 1,768.125
202012 618.108 109.897 727.912
202103 485.316 111.754 562.030
202106 1,126.877 114.631 1,272.250
202109 1,474.014 115.734 1,648.310
202112 398.920 117.630 438.903
202203 -55.479 121.301 -59.192
202206 1,024.475 125.017 1,060.553
202209 1,697.155 125.227 1,753.980
202212 522.937 125.222 540.467
202303 -109.322 127.348 -111.100
202306 1,198.014 128.729 1,204.442
202309 1,604.194 129.860 1,598.757
202312 -16.560 129.419 -16.560
202403 253.162 129.419 253.162

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.


Vietnam Dairy Products JSC  (STC:VNM) 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.


Vietnam Dairy Products JSC Cyclically Adjusted Price-to-FCF Related Terms

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


Vietnam Dairy Products JSC (STC:VNM) Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Tan Trao Street, Tan Phu Ward, District 7, Ho Chi Minh, VNM
Vietnam Dairy Products JSC is a Vietnam-based company engaged in providing milk and dairy products. It manufactures and distributes milk cake, soya milk, fresh milk, refreshment drinks, bottled milk, powdered milk, nutritious powder, and other products from milk. It trades processed foods, spare parts and accessories, materials, and chemical substances. The company is also involved in the manufacture, sale, and distribution of beverages, grocery and processing foods, and roasted-ground filtered and instant coffee. In addition, it is involved in trading in houses, brokerage, and leasing of real estate as well as warehousing, loading, and transportation services amongst others.

Vietnam Dairy Products JSC (STC:VNM) Headlines

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