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Malek Spinning Mills (DHA:MALEKSPIN) Cyclically Adjusted FCF per Share : BDT-1.86 (As of Dec. 2023)


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What is Malek Spinning Mills 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.

Malek Spinning Mills's adjusted free cash flow per share for the three months ended in Dec. 2023 was BDT1.083. 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 BDT-1.86 for the trailing ten years ended in Dec. 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 (2024-04-29), Malek Spinning Mills's current stock price is BDT37.10. Malek Spinning Mills's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was BDT-1.86. Malek Spinning Mills's Cyclically Adjusted Price-to-FCF of today is .


Malek Spinning Mills Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Malek Spinning Mills'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.

Malek Spinning Mills Cyclically Adjusted FCF per Share Chart

Malek Spinning Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -1.74 -1.87

Malek Spinning Mills Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1.47 -0.57 -1.87 -1.88 -1.86

Competitive Comparison of Malek Spinning Mills's Cyclically Adjusted FCF per Share

For the Textile Manufacturing subindustry, Malek Spinning Mills'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.


Malek Spinning Mills's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Malek Spinning Mills's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Malek Spinning Mills 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, Malek Spinning Mills'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)
=1.083/129.4194*129.4194
=1.083

Current CPI (Dec. 2023) = 129.4194.

Malek Spinning Mills Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.529 99.695 0.687
201406 -0.335 100.560 -0.431
201409 0.520 100.428 0.670
201412 -0.042 99.070 -0.055
201503 0.655 99.621 0.851
201506 0.809 100.684 1.040
201509 0.531 100.392 0.685
201512 0.333 99.792 0.432
201603 0.943 100.470 1.215
201606 -2.153 101.688 -2.740
201609 1.817 101.861 2.309
201612 -1.110 101.863 -1.410
201703 1.730 102.862 2.177
201706 -1.276 103.349 -1.598
201709 -0.092 104.136 -0.114
201712 -2.009 104.011 -2.500
201803 0.990 105.290 1.217
201806 0.953 106.317 1.160
201809 -0.763 106.507 -0.927
201812 -1.842 105.998 -2.249
201903 -2.337 107.251 -2.820
201906 -3.393 108.070 -4.063
201909 -0.782 108.329 -0.934
201912 -1.235 108.420 -1.474
202003 -1.133 108.902 -1.346
202006 -1.483 108.767 -1.765
202009 -1.980 109.815 -2.333
202012 -1.166 109.897 -1.373
202103 -0.420 111.754 -0.486
202106 2.160 114.631 2.439
202109 -0.359 115.734 -0.401
202112 -0.908 117.630 -0.999
202203 3.451 121.301 3.682
202206 -6.736 125.017 -6.973
202209 -4.160 125.227 -4.299
202212 5.883 125.222 6.080
202303 8.590 127.348 8.730
202306 -13.079 128.729 -13.149
202309 1.440 129.860 1.435
202312 1.083 129.419 1.083

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


Malek Spinning Mills  (DHA:MALEKSPIN) 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.


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.


Malek Spinning Mills Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Malek Spinning Mills's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Malek Spinning Mills (DHA:MALEKSPIN) Business Description

Traded in Other Exchanges
N/A
Address
Tower-117, 117/A, Tejgaon Industrial Area, Dhaka, BGD, 1208
Malek Spinning Mills Ltd is engaged in producing combed and carded yarn. Some of its products include greige yarn, denim fabric, knitted garments, sweater garments, and denim garments.

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