GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Discount Investment Corp Ltd (XTAE:DISI) » Definitions » Cyclically Adjusted Price-to-FCF

Discount Investment (XTAE:DISI) Cyclically Adjusted Price-to-FCF : 0.28 (As of Jun. 07, 2024)


View and export this data going back to 1963. Start your Free Trial

What is Discount Investment Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Discount Investment's current share price is ₪3.634. Discount Investment's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₪13.12. Discount Investment's Cyclically Adjusted Price-to-FCF for today is 0.28.

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

XTAE:DISI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.21   Med: 0.43   Max: 0.85
Current: 0.27

During the past years, Discount Investment's highest Cyclically Adjusted Price-to-FCF was 0.85. The lowest was 0.21. And the median was 0.43.

XTAE:DISI's Cyclically Adjusted Price-to-FCF is ranked better than
98.42% of 190 companies
in the Telecommunication Services industry
Industry Median: 13.005 vs XTAE:DISI: 0.27

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.

Discount Investment's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ₪3.534. 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 ₪13.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Discount Investment Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Discount Investment'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.

Discount Investment Cyclically Adjusted Price-to-FCF Chart

Discount Investment 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 0.40 0.63 0.82 0.37 0.27

Discount Investment 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 0.37 0.32 0.25 0.29 0.27

Competitive Comparison of Discount Investment's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Discount Investment'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.


Discount Investment's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Discount Investment's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Discount Investment 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.

Discount Investment's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.634/13.12
=0.28

* 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.

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

For example, Discount Investment'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)
=3.534/129.4194*129.4194
=3.534

Current CPI (Dec. 2023) = 129.4194.

Discount Investment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 5.700 99.695 7.400
201406 4.141 100.560 5.329
201409 2.036 100.428 2.624
201412 0.384 99.070 0.502
201503 6.000 99.621 7.795
201506 1.729 100.684 2.222
201509 4.923 100.392 6.346
201512 2.507 99.792 3.251
201603 3.331 100.470 4.291
201606 2.653 101.688 3.376
201609 3.407 101.861 4.329
201612 3.693 101.863 4.692
201703 0.690 102.862 0.868
201706 1.108 103.349 1.387
201709 4.243 104.136 5.273
201712 2.254 104.011 2.805
201803 3.641 105.290 4.475
201806 0.033 106.317 0.040
201809 2.076 106.507 2.523
201812 1.604 105.998 1.958
201903 3.142 107.251 3.791
201906 2.407 108.070 2.883
201909 2.286 108.329 2.731
201912 2.607 108.420 3.112
202003 2.199 108.902 2.613
202006 2.233 108.767 2.657
202009 1.367 109.815 1.611
202012 3.312 109.897 3.900
202103 2.687 111.754 3.112
202106 1.333 114.631 1.505
202109 1.821 115.734 2.036
202112 2.045 117.630 2.250
202203 2.867 121.301 3.059
202206 2.338 125.017 2.420
202209 2.701 125.227 2.791
202212 5.300 125.222 5.478
202303 3.871 127.348 3.934
202306 2.897 128.729 2.913
202309 3.413 129.860 3.401
202312 3.534 129.419 3.534

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.


Discount Investment  (XTAE:DISI) 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.


Discount Investment Cyclically Adjusted Price-to-FCF Related Terms

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


Discount Investment (XTAE:DISI) Business Description

Traded in Other Exchanges
N/A
Address
3 Azrieli Center, 44th Floor, Triangle Tower, Tel Aviv, ISR, 6702301
Discount Investment Corp Ltd is an Israel-based holding company. The company's main line of business is to invest in other enterprises in a variety of sectors. Its portfolio comprises of domestic and foreign companies which are well established or have a strong growth potential. Discount's investment areas include cellular communications, advanced technologies, retail and food, real estate and construction. It basically invests across three main segments, which are Cellcom, Shufersal and Property and Building Corporation. Shufersal is a retail chains in Israel,cellcom is a cellular operators in the country.

Discount Investment (XTAE:DISI) Headlines

No Headlines