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Heidelberg Cement Bangladesh (DHA:HEIDELBCEM) Cyclically Adjusted Price-to-FCF : 9.58 (As of Apr. 29, 2024)


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What is Heidelberg Cement Bangladesh Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Heidelberg Cement Bangladesh's current share price is BDT229.30. Heidelberg Cement Bangladesh's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was BDT23.93. Heidelberg Cement Bangladesh's Cyclically Adjusted Price-to-FCF for today is 9.58.

The historical rank and industry rank for Heidelberg Cement Bangladesh's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

DHA:HEIDELBCEM' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.09   Med: 9.61   Max: 12.73
Current: 9.58

During the past years, Heidelberg Cement Bangladesh's highest Cyclically Adjusted Price-to-FCF was 12.73. The lowest was 7.09. And the median was 9.61.

DHA:HEIDELBCEM's Cyclically Adjusted Price-to-FCF is ranked better than
68.75% of 192 companies
in the Building Materials industry
Industry Median: 14.775 vs DHA:HEIDELBCEM: 9.58

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.

Heidelberg Cement Bangladesh's adjusted free cash flow per share data for the three months ended in Mar. 2024 was BDT22.997. 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 BDT23.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Heidelberg Cement Bangladesh Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Heidelberg Cement Bangladesh'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.

Heidelberg Cement Bangladesh Cyclically Adjusted Price-to-FCF Chart

Heidelberg Cement Bangladesh Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 7.95 10.33

Heidelberg Cement Bangladesh Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.09 10.15 10.89 10.33 9.40

Competitive Comparison of Heidelberg Cement Bangladesh's Cyclically Adjusted Price-to-FCF

For the Building Materials subindustry, Heidelberg Cement Bangladesh'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.


Heidelberg Cement Bangladesh's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Heidelberg Cement Bangladesh's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Heidelberg Cement Bangladesh's Cyclically Adjusted Price-to-FCF falls into.



Heidelberg Cement Bangladesh 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.

Heidelberg Cement Bangladesh's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=229.30/23.93
=9.58

* 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.

Heidelberg Cement Bangladesh's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Heidelberg Cement Bangladesh's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=22.997/129.4194*129.4194
=22.997

Current CPI (Mar. 2024) = 129.4194.

Heidelberg Cement Bangladesh Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 5.776 100.560 7.434
201409 -5.036 100.428 -6.490
201412 12.571 99.070 16.422
201503 20.113 99.621 26.129
201506 -2.974 100.684 -3.823
201509 -3.601 100.392 -4.642
201512 18.424 99.792 23.894
201603 20.898 100.470 26.919
201606 7.298 101.688 9.288
201609 -6.473 101.861 -8.224
201612 8.219 101.863 10.442
201703 15.017 102.862 18.894
201706 -0.278 103.349 -0.348
201709 -9.418 104.136 -11.705
201712 8.755 104.011 10.894
201803 31.788 105.290 39.073
201806 -21.012 106.317 -25.578
201809 -1.520 106.507 -1.847
201812 2.027 105.998 2.475
201903 5.546 107.251 6.692
201906 0.234 108.070 0.280
201909 -2.802 108.329 -3.348
201912 1.661 108.420 1.983
202003 14.632 108.902 17.389
202006 -11.763 108.767 -13.996
202009 8.813 109.815 10.386
202012 14.809 109.897 17.440
202103 33.169 111.754 38.412
202106 -27.435 114.631 -30.974
202109 16.852 115.734 18.845
202112 -2.815 117.630 -3.097
202203 19.835 121.301 21.163
202206 -25.003 125.017 -25.884
202209 8.202 125.227 8.477
202212 0.971 125.222 1.004
202303 27.488 127.348 27.935
202306 13.176 128.729 13.247
202309 -15.808 129.860 -15.754
202312 -3.123 129.419 -3.123
202403 22.997 129.419 22.997

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.


Heidelberg Cement Bangladesh  (DHA:HEIDELBCEM) 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.


Heidelberg Cement Bangladesh Cyclically Adjusted Price-to-FCF Related Terms

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Heidelberg Cement Bangladesh (DHA:HEIDELBCEM) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. SE (F) 9, Road No.142, Symphony 6th and 7th Floor, South Avenue, Gulshan -1, Dhaka, BGD, 1212
Heidelberg Cement Bangladesh Ltd is the major producer of cement in Bangladesh. It offers Portland composite cement and ordinary Portland cement under the Ruby Cement and Scan Cement brand names. It is engaged in various projects such as Bijoy Sarani, Mohakhali Flyover, Lalon Shah (Pakshi) Bridge, Shah Amanat International Airport, Third Karnaphuli Bridge, Bahaddarhat Flyover, North-South University, Chittagong Port Flyover, Karnaphuli Water Supply Project and many others.

Heidelberg Cement Bangladesh (DHA:HEIDELBCEM) Headlines

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