GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Gulf General Investments Co PSC (DFM:GGICO) » Definitions » Cyclically Adjusted FCF per Share

Gulf General Investments Co PSC (DFM:GGICO) Cyclically Adjusted FCF per Share : د.إ0.12 (As of Mar. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Gulf General Investments Co PSC Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Gulf General Investments Co PSC's adjusted free cash flow per share for the three months ended in Mar. 2023 was د.إ-0.012. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is د.إ0.12 for the trailing ten years ended in Mar. 2023.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-04-28), Gulf General Investments Co PSC's current stock price is د.إ0.119. Gulf General Investments Co PSC's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2023 was د.إ0.12. Gulf General Investments Co PSC's Cyclically Adjusted Price-to-FCF of today is 0.99.


Gulf General Investments Co PSC Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Gulf General Investments Co PSC's Cyclically Adjusted FCF per Share 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.

Gulf General Investments Co PSC Cyclically Adjusted FCF per Share Chart

Gulf General Investments Co PSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.10 0.12 0.13 0.12

Gulf General Investments Co PSC Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Cyclically Adjusted FCF per Share 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 0.13 0.13 0.13 0.12 0.12

Competitive Comparison of Gulf General Investments Co PSC's Cyclically Adjusted FCF per Share

For the Conglomerates subindustry, Gulf General Investments Co PSC'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.


Gulf General Investments Co PSC's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Gulf General Investments Co PSC's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Gulf General Investments Co PSC's Cyclically Adjusted Price-to-FCF falls into.



Gulf General Investments Co PSC Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Gulf General Investments Co PSC's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-0.012/127.3478*127.3478
=-0.012

Current CPI (Mar. 2023) = 127.3478.

Gulf General Investments Co PSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 -0.018 98.518 -0.023
201309 0.014 98.790 0.018
201312 0.174 98.326 0.225
201403 0.114 99.695 0.146
201406 0.081 100.560 0.103
201409 0.029 100.428 0.037
201412 0.053 99.070 0.068
201503 -0.008 99.621 -0.010
201506 0.039 100.684 0.049
201509 0.043 100.392 0.055
201512 0.029 99.792 0.037
201603 0.083 100.470 0.105
201606 0.038 101.688 0.048
201609 0.004 101.861 0.005
201612 0.026 101.863 0.033
201703 0.021 102.862 0.026
201706 0.037 103.349 0.046
201709 -0.027 104.136 -0.033
201712 0.070 104.011 0.086
201803 0.008 105.290 0.010
201806 -0.002 106.317 -0.002
201809 0.024 106.507 0.029
201812 0.063 105.998 0.076
201903 0.019 107.251 0.023
201906 0.027 108.070 0.032
201909 0.029 108.329 0.034
201912 0.021 108.420 0.025
202003 0.028 108.902 0.033
202006 -0.010 108.767 -0.012
202009 0.025 109.815 0.029
202012 0.012 109.897 0.014
202103 0.017 111.754 0.019
202106 -0.006 114.631 -0.007
202109 -0.049 115.734 -0.054
202112 -0.006 117.630 -0.006
202203 0.008 121.301 0.008
202206 -0.015 125.017 -0.015
202209 0.012 125.227 0.012
202212 -0.003 125.222 -0.003
202303 -0.012 127.348 -0.012

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Gulf General Investments Co PSC  (DFM:GGICO) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Gulf General Investments Co PSC's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.119/0.12
=0.99

* 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.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Gulf General Investments Co PSC Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Gulf General Investments Co PSC's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Gulf General Investments Co PSC (DFM:GGICO) Business Description

Traded in Other Exchanges
N/A
Address
Airport Road, Al Fattan Plaza Building, 4th Floor, P.O. Box 22588, Dubai, ARE
Gulf General Investments Co PSC is a UAE company engaged in the real estate agency, manufacturing, retail trading, real estate development, insurance writing, hospitality, and other services. Its business is functioned through Manufacturing, Investments, Insurance Services and Others segments. The manufacturing segment includes manufacture and sale of oil, grease, prefabricated houses, concrete, restaurant, ovens, kitchens, and central air conditioning systems; the investment segment focuses on real estate properties and equity securities and whereas Insurance Services and others, which is the key revenue driver, include the writing of insurance and various other services including hospitality. Geographically, the business presence of the firm is seen in the UAE and internationally.

Gulf General Investments Co PSC (DFM:GGICO) Headlines

No Headlines