GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Al-Haj Textile Mills Ltd (DHA:AL-HAJTEX) » Definitions » Cyclically Adjusted Price-to-FCF

Al-Haj Textile Mills (DHA:AL-HAJTEX) Cyclically Adjusted Price-to-FCF : 86.46 (As of Apr. 28, 2024)


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

What is Al-Haj Textile Mills Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Al-Haj Textile Mills's current share price is BDT151.30. Al-Haj Textile Mills's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2023 was BDT1.75. Al-Haj Textile Mills's Cyclically Adjusted Price-to-FCF for today is 86.46.

The historical rank and industry rank for Al-Haj Textile Mills's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

DHA:AL-HAJTEX's Cyclically Adjusted Price-to-FCF is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 18.255
* Ranked among companies with meaningful Cyclically Adjusted Price-to-FCF only.

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.

Al-Haj Textile Mills's adjusted free cash flow per share data for the three months ended in Mar. 2023 was BDT-2.154. 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 BDT1.75 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Al-Haj Textile Mills Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Al-Haj Textile Mills'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.

Al-Haj Textile Mills Cyclically Adjusted Price-to-FCF Chart

Al-Haj Textile Mills Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Al-Haj Textile Mills Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 - - 66.56 66.44 108.80

Competitive Comparison of Al-Haj Textile Mills's Cyclically Adjusted Price-to-FCF

For the Textile Manufacturing subindustry, Al-Haj Textile 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.


Al-Haj Textile Mills's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Al-Haj Textile Mills's Cyclically Adjusted Price-to-FCF falls into.



Al-Haj Textile Mills 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.

Al-Haj Textile Mills's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=151.30/1.75
=86.46

* 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.

Al-Haj Textile Mills's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Al-Haj Textile Mills'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)
=-2.154/127.3478*127.3478
=-2.154

Current CPI (Mar. 2023) = 127.3478.

Al-Haj Textile Mills Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 0.000 98.518 0.000
201309 0.302 98.790 0.389
201312 0.694 98.326 0.899
201403 2.117 99.695 2.704
201406 3.313 100.560 4.196
201409 -0.722 100.428 -0.916
201412 -1.177 99.070 -1.513
201503 -0.130 99.621 -0.166
201506 0.681 100.684 0.861
201509 1.172 100.392 1.487
201512 0.652 99.792 0.832
201603 -0.551 100.470 -0.698
201606 2.925 101.688 3.663
201609 -0.777 101.861 -0.971
201612 0.443 101.863 0.554
201703 1.053 102.862 1.304
201706 -0.251 103.349 -0.309
201709 -1.845 104.136 -2.256
201712 0.118 104.011 0.144
201803 -2.041 105.290 -2.469
201806 -0.319 106.317 -0.382
201809 -2.056 106.507 -2.458
201812 -0.992 105.998 -1.192
201903 -2.388 107.251 -2.835
201906 13.415 108.070 15.808
201909 -0.282 108.329 -0.332
201912 0.741 108.420 0.870
202003 1.852 108.902 2.166
202006 -0.009 108.767 -0.011
202009 0.020 109.815 0.023
202012 1.462 109.897 1.694
202103 2.220 111.754 2.530
202106 0.000 114.631 0.000
202109 0.067 115.734 0.074
202112 -3.996 117.630 -4.326
202203 -0.016 121.301 -0.017
202206 -0.021 125.017 -0.021
202209 0.226 125.227 0.230
202212 -0.763 125.222 -0.776
202303 -2.154 127.348 -2.154

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.


Al-Haj Textile Mills  (DHA:AL-HAJTEX) 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.


Al-Haj Textile Mills Cyclically Adjusted Price-to-FCF Related Terms

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


Al-Haj Textile Mills (DHA:AL-HAJTEX) Business Description

Traded in Other Exchanges
N/A
Address
66, Dilkusha Commercial Area, 4th Floor, Dhaka, BGD, 1000
Al-Haj Textile Mills Ltd is a Bangladesh based company primarily engaged in the manufacturing and sale of cotton yarns. It offers cotton, polyester spun, poly-viscose blend, poly-cotton blend, and viscose spun yarns. It also offers advanced, reasonable solutions for any size-reduction requirements including quarry, aggregate, and various kinds of minerals.

Al-Haj Textile Mills (DHA:AL-HAJTEX) Headlines

No Headlines