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Alibaba Group Holding (Alibaba Group Holding) Cyclically Adjusted Price-to-FCF : 9.24 (As of Apr. 28, 2024)


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What is Alibaba Group Holding Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Alibaba Group Holding's current share price is $9.42. Alibaba Group Holding's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.02. Alibaba Group Holding's Cyclically Adjusted Price-to-FCF for today is 9.24.

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

BABAF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.36   Med: 14.59   Max: 52.35
Current: 9.15

During the past years, Alibaba Group Holding's highest Cyclically Adjusted Price-to-FCF was 52.35. The lowest was 8.36. And the median was 14.59.

BABAF's Cyclically Adjusted Price-to-FCF is ranked better than
66.21% of 435 companies
in the Retail - Cyclical industry
Industry Median: 13.15 vs BABAF: 9.15

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.

Alibaba Group Holding's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.446. 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 $1.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alibaba Group Holding Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alibaba Group Holding'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.

Alibaba Group Holding Cyclically Adjusted Price-to-FCF Chart

Alibaba Group Holding Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 34.04 15.65 13.68

Alibaba Group Holding 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 11.87 13.68 10.83 10.91 9.38

Competitive Comparison of Alibaba Group Holding's Cyclically Adjusted Price-to-FCF

For the Internet Retail subindustry, Alibaba Group Holding'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.


Alibaba Group Holding's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Alibaba Group Holding's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Alibaba Group Holding's Cyclically Adjusted Price-to-FCF falls into.



Alibaba Group Holding 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.

Alibaba Group Holding's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.42/1.02
=9.24

* 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.

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

For example, Alibaba Group Holding'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)
=0.446/117.2957*117.2957
=0.446

Current CPI (Dec. 2023) = 117.2957.

Alibaba Group Holding Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.015 95.749 0.018
201406 0.086 96.409 0.105
201409 0.049 97.948 0.059
201412 0.151 99.707 0.178
201503 0.044 99.927 0.052
201506 0.081 99.267 0.096
201509 0.116 99.927 0.136
201512 0.199 102.015 0.229
201603 0.038 102.785 0.043
201606 0.110 101.686 0.127
201609 0.126 102.565 0.144
201612 0.263 103.225 0.299
201703 0.093 103.335 0.106
201706 0.183 103.664 0.207
201709 0.220 103.994 0.248
201712 0.402 104.984 0.449
201803 0.109 105.973 0.121
201806 0.266 106.193 0.294
201809 0.218 106.852 0.239
201812 0.451 107.622 0.492
201903 0.132 108.172 0.143
201906 0.238 109.601 0.255
201909 0.315 110.260 0.335
201912 0.643 110.700 0.681
202003 0.014 110.920 0.015
202006 0.323 110.590 0.343
202009 0.363 107.512 0.396
202012 0.717 109.711 0.767
202103 0.169 111.579 0.178
202106 0.237 111.360 0.250
202109 0.255 109.051 0.274
202112 0.581 112.349 0.607
202203 -0.051 113.558 -0.053
202206 0.237 113.448 0.245
202209 0.317 113.778 0.327
202212 0.599 114.548 0.613
202303 0.218 115.427 0.222
202306 0.307 115.647 0.311
202309 0.329 116.087 0.332
202312 0.446 117.296 0.446

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.


Alibaba Group Holding  (OTCPK:BABAF) 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.


Alibaba Group Holding Cyclically Adjusted Price-to-FCF Related Terms

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


Alibaba Group Holding (Alibaba Group Holding) Business Description

Address
1 Matheson Street, Causeway Bay, 26th Floor, Tower One, Times Square, Hong Kong, HKG
Alibaba is the world's largest online and mobile commerce company as measured by gross merchandise volume (CNY 8.3 trillion for the fiscal year ended March 2022). It operates China's online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). Alibaba's China commerce retail division accounted for 67% of revenue in the year ended March 2022. Additional revenue sources include China commerce wholesale (2%), international commerce retail/wholesale (5%/2%), local consumer services (5%), cloud computing (9%), digital media and entertainment platforms (4%), Cainiao logistics services (5%), and innovation initiatives/other (1%).