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BHI Holdings (PHS:BH) Cyclically Adjusted FCF per Share : ₱-0.04 (As of Dec. 2023)


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What is BHI Holdings 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.

BHI Holdings's adjusted free cash flow per share for the three months ended in Dec. 2023 was ₱0.148. 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 ₱-0.04 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), BHI Holdings's current stock price is ₱680.00. BHI Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₱-0.04. BHI Holdings's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BHI Holdings was 45000.00. The lowest was 7355.56. And the median was 12800.00.


BHI Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for BHI Holdings'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.

BHI Holdings Cyclically Adjusted FCF per Share Chart

BHI Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.07 0.09 -0.01 -0.04

BHI Holdings 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 -0.01 -0.05 -0.11 -0.09 -0.04

Competitive Comparison of BHI Holdings's Cyclically Adjusted FCF per Share

For the Shell Companies subindustry, BHI Holdings'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.


BHI Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, BHI Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



BHI Holdings 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, BHI Holdings'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)
=0.148/129.4194*129.4194
=0.148

Current CPI (Dec. 2023) = 129.4194.

BHI Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.348 99.695 0.452
201406 0.120 100.560 0.154
201409 0.388 100.428 0.500
201412 -1.592 99.070 -2.080
201503 -0.220 99.621 -0.286
201506 0.132 100.684 0.170
201509 0.026 100.392 0.034
201512 -0.032 99.792 -0.042
201603 -0.288 100.470 -0.371
201606 0.196 101.688 0.249
201609 0.394 101.861 0.501
201612 -0.116 101.863 -0.147
201703 -0.370 102.862 -0.466
201706 0.100 103.349 0.125
201709 0.348 104.136 0.432
201712 -0.008 104.011 -0.010
201803 -0.398 105.290 -0.489
201806 0.110 106.317 0.134
201809 0.348 106.507 0.423
201812 0.156 105.998 0.190
201903 -0.358 107.251 -0.432
201906 0.228 108.070 0.273
201909 0.394 108.329 0.471
201912 0.022 108.420 0.026
202003 -0.086 108.902 -0.102
202006 0.140 108.767 0.167
202009 0.182 109.815 0.214
202012 -0.706 109.897 -0.831
202103 -0.044 111.754 -0.051
202106 0.206 114.631 0.233
202109 0.318 115.734 0.356
202112 -0.078 117.630 -0.086
202203 -0.460 121.301 -0.491
202206 -0.010 125.017 -0.010
202209 0.164 125.227 0.169
202212 0.308 125.222 0.318
202303 0.116 127.348 0.118
202306 -0.408 128.729 -0.410
202309 0.020 129.860 0.020
202312 0.148 129.419 0.148

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


BHI Holdings  (PHS:BH) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BHI Holdings was 45000.00. The lowest was 7355.56. And the median was 12800.00.


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.


BHI Holdings Cyclically Adjusted FCF per Share Related Terms

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


BHI Holdings (PHS:BH) Business Description

Traded in Other Exchanges
N/A
Address
146 Valero Street, 22nd Floor, The Pearlbank Centre, Salcedo Village, Makati City, PHL, 1227
BHI Holdings Inc is an investment holding company.

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