GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » IRSA Inversiones y Representaciones SA (NYSE:IRS) » Definitions » Cyclically Adjusted FCF per Share

IRSA Inversiones y Representaciones (IRSA Inversiones y Representaciones) Cyclically Adjusted FCF per Share : $0.47 (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is IRSA Inversiones y Representaciones 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.

IRSA Inversiones y Representaciones's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.823. 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 $0.47 for the trailing ten years ended in Dec. 2023.

During the past 12 months, IRSA Inversiones y Representaciones's average Cyclically Adjusted FCF Growth Rate was 15.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 45.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 70.90% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of IRSA Inversiones y Representaciones was 138.10% per year. The lowest was 14.80% per year. And the median was 75.70% per year.

As of today (2024-05-15), IRSA Inversiones y Representaciones's current stock price is $11.46. IRSA Inversiones y Representaciones's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.47. IRSA Inversiones y Representaciones's Cyclically Adjusted Price-to-FCF of today is 24.38.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of IRSA Inversiones y Representaciones was 41.30. The lowest was 1.30. And the median was 12.80.


IRSA Inversiones y Representaciones Cyclically Adjusted FCF per Share Historical Data

The historical data trend for IRSA Inversiones y Representaciones'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.

IRSA Inversiones y Representaciones Cyclically Adjusted FCF per Share Chart

IRSA Inversiones y Representaciones 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 3.24 2.60 1.72 1.41 0.83

IRSA Inversiones y Representaciones 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 1.17 0.98 0.83 0.46 0.47

Competitive Comparison of IRSA Inversiones y Representaciones's Cyclically Adjusted FCF per Share

For the Real Estate Services subindustry, IRSA Inversiones y Representaciones'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.


IRSA Inversiones y Representaciones's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, IRSA Inversiones y Representaciones's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where IRSA Inversiones y Representaciones's Cyclically Adjusted Price-to-FCF falls into.



IRSA Inversiones y Representaciones 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, IRSA Inversiones y Representaciones'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)
=0.823/129.4194*129.4194
=0.823

Current CPI (Dec. 2023) = 129.4194.

IRSA Inversiones y Representaciones Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.584 99.695 0.758
201406 0.735 100.560 0.946
201409 0.531 100.428 0.684
201412 0.429 99.070 0.560
201503 0.557 99.621 0.724
201506 0.158 100.684 0.203
201509 0.728 100.392 0.938
201512 0.316 99.792 0.410
201603 1.794 100.470 2.311
201606 2.028 101.688 2.581
201609 2.352 101.861 2.988
201612 1.718 101.863 2.183
201703 0.987 102.862 1.242
201706 5.881 103.349 7.365
201709 1.912 104.136 2.376
201712 7.651 104.011 9.520
201803 -6.366 105.290 -7.825
201806 7.710 106.317 9.385
201809 0.879 106.507 1.068
201812 2.404 105.998 2.935
201903 1.864 107.251 2.249
201906 12.983 108.070 15.548
201909 3.462 108.329 4.136
201912 3.828 108.420 4.569
202003 -1.717 108.902 -2.040
202006 16.472 108.767 19.600
202009 1.276 109.815 1.504
202012 0.340 109.897 0.400
202103 -0.530 111.754 -0.614
202106 -0.023 114.631 -0.026
202109 0.477 115.734 0.533
202112 0.727 117.630 0.800
202203 0.596 121.301 0.636
202206 1.368 125.017 1.416
202209 1.058 125.227 1.093
202212 1.768 125.222 1.827
202303 -0.763 127.348 -0.775
202306 0.887 128.729 0.892
202309 0.428 129.860 0.427
202312 0.823 129.419 0.823

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


IRSA Inversiones y Representaciones  (NYSE:IRS) 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.

IRSA Inversiones y Representaciones's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=11.46/0.47
=24.38

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of IRSA Inversiones y Representaciones was 41.30. The lowest was 1.30. And the median was 12.80.


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.


IRSA Inversiones y Representaciones Cyclically Adjusted FCF per Share Related Terms

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


IRSA Inversiones y Representaciones (IRSA Inversiones y Representaciones) Business Description

Traded in Other Exchanges
Address
Carlos M. Della Paolera 261, 9th Floor, Buenos Aires, ARG, C1001ADA
IRSA Inversiones y Representaciones SA is engaged in a diversified business. The company's operating segment includes Shopping Malls; Offices; Sales and Developments; Hotels and others. It generates maximum revenue from the Shopping Malls segment. The Shopping Malls segment comprised lease and service revenues related to rental of commercial space and other spaces in the shopping malls of the company.

IRSA Inversiones y Representaciones (IRSA Inversiones y Representaciones) Headlines

From GuruFocus