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Alliance Global Group (PHS:AGI) Cyclically Adjusted Price-to-FCF : 5.89 (As of Apr. 28, 2024)


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What is Alliance Global Group Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Alliance Global Group's current share price is ₱9.90. Alliance Global Group's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was ₱1.68. Alliance Global Group's Cyclically Adjusted Price-to-FCF for today is 5.89.

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

PHS:AGI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.72   Med: 13.28   Max: 324
Current: 5.89

During the past years, Alliance Global Group's highest Cyclically Adjusted Price-to-FCF was 324.00. The lowest was 5.72. And the median was 13.28.

PHS:AGI's Cyclically Adjusted Price-to-FCF is ranked better than
84.39% of 205 companies
in the Conglomerates industry
Industry Median: 18.61 vs PHS:AGI: 5.89

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.

Alliance Global Group's adjusted free cash flow per share data for the three months ended in Sep. 2023 was ₱2.135. 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 ₱1.68 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alliance Global Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alliance Global Group'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.

Alliance Global Group Cyclically Adjusted Price-to-FCF Chart

Alliance Global Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 244.28 31.99 14.28 11.66 8.44

Alliance Global Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 7.36 8.44 8.50 9.20 7.33

Competitive Comparison of Alliance Global Group's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, Alliance Global Group'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.


Alliance Global Group's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Alliance Global Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Alliance Global Group 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.

Alliance Global Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.90/1.68
=5.89

* 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.

Alliance Global Group's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Alliance Global Group's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=2.135/129.8595*129.8595
=2.135

Current CPI (Sep. 2023) = 129.8595.

Alliance Global Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.116 98.326 0.153
201403 0.120 99.695 0.156
201406 -0.141 100.560 -0.182
201409 -0.511 100.428 -0.661
201412 1.506 99.070 1.974
201503 -0.711 99.621 -0.927
201506 -0.648 100.684 -0.836
201509 -0.151 100.392 -0.195
201512 1.124 99.792 1.463
201603 0.036 100.470 0.047
201606 -0.261 101.688 -0.333
201609 -0.810 101.861 -1.033
201612 0.207 101.863 0.264
201703 -0.331 102.862 -0.418
201706 -0.555 103.349 -0.697
201709 -0.351 104.136 -0.438
201712 0.119 104.011 0.149
201803 0.133 105.290 0.164
201806 -0.717 106.317 -0.876
201809 -0.190 106.507 -0.232
201812 1.379 105.998 1.689
201903 0.483 107.251 0.585
201906 0.174 108.070 0.209
201909 0.553 108.329 0.663
201912 2.126 108.420 2.546
202003 0.640 108.902 0.763
202006 0.411 108.767 0.491
202009 0.997 109.815 1.179
202012 1.048 109.897 1.238
202103 0.044 111.754 0.051
202106 0.344 114.631 0.390
202109 0.703 115.734 0.789
202112 1.519 117.630 1.677
202203 0.743 121.301 0.795
202206 0.687 125.017 0.714
202209 0.611 125.227 0.634
202212 2.224 125.222 2.306
202303 0.332 127.348 0.339
202306 0.082 128.729 0.083
202309 2.135 129.860 2.135

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.


Alliance Global Group  (PHS:AGI) 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.


Alliance Global Group Cyclically Adjusted Price-to-FCF Related Terms

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


Alliance Global Group (PHS:AGI) Business Description

Traded in Other Exchanges
Address
7th Floor, 1880 Eastwood Avenue, 188 E. Rodriguez Jr. Avenue, Bagumbayan, Eastwood City CyberPark, Quezon, PHL, 1110
Alliance Global Group Inc is a Philippine business conglomerate that operates four business segments: Megaworld, Travellers, GADC, and Emperador. Megaworld includes the development of real estate, integrated resorts, leasing of properties, and hotel operations. Emperador consists of the manufacturing and distribution of distilled spirits and glass containers. The other segments offer tourism-related entertainment, hospitality, and leisure activities, as well as the operation of McDonald's restaurants in the Philippines.