GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Alfa Holdings SA (BSP:RPAD3) » Definitions » Cyclically Adjusted FCF per Share

Alfa Holdings (BSP:RPAD3) Cyclically Adjusted FCF per Share : R$0.00 (As of Mar. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Alfa 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.

Alfa Holdings's adjusted free cash flow per share for the three months ended in Mar. 2024 was R$0.000. 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 R$0.00 for the trailing ten years ended in Mar. 2024.

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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Alfa Holdings was 78.20% per year. The lowest was 78.20% per year. And the median was 78.20% per year.

As of today (2024-06-07), Alfa Holdings's current stock price is R$8.62. Alfa Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$0.00. Alfa Holdings's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Alfa Holdings was 38.24. The lowest was 18.54. And the median was 29.60.


Alfa Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Alfa 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.

Alfa Holdings Cyclically Adjusted FCF per Share Chart

Alfa 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 -1.93 -0.02 -0.04 -0.02 -

Alfa Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.02 -0.02 -0.02 - -

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

For the Conglomerates subindustry, Alfa 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.


Alfa Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

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

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



Alfa 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, Alfa Holdings'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)
=0/159.3724*159.3724
=0.000

Current CPI (Mar. 2024) = 159.3724.

Alfa Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 91.838 0.000
201409 -0.007 92.602 -0.012
201412 0.026 94.194 0.044
201503 -0.038 97.799 -0.062
201506 0.020 100.006 0.032
201509 0.031 101.392 0.049
201512 -0.042 104.247 -0.064
201603 -0.005 106.979 -0.007
201606 -0.014 108.851 -0.020
201609 -0.004 109.986 -0.006
201612 -0.003 110.802 -0.004
201703 0.101 111.869 0.144
201706 -0.014 112.115 -0.020
201709 -0.009 112.777 -0.013
201712 -0.109 114.068 -0.152
201803 -0.004 114.868 -0.006
201806 -0.005 117.038 -0.007
201809 -0.003 117.881 -0.004
201812 -0.007 118.340 -0.009
201903 -0.005 120.124 -0.007
201906 -0.008 120.977 -0.011
201909 -0.009 121.292 -0.012
201912 -0.004 123.436 -0.005
202003 0.119 124.092 0.153
202006 -0.003 123.557 -0.004
202009 -0.021 125.095 -0.027
202012 -0.124 129.012 -0.153
202103 -0.011 131.660 -0.013
202106 0.002 133.871 0.002
202109 -0.017 137.913 -0.020
202112 0.005 141.992 0.006
202203 0.010 146.537 0.011
202206 0.002 149.784 0.002
202209 0.013 147.800 0.014
202212 0.013 150.207 0.014
202303 -0.009 153.352 -0.009
202306 0.004 154.519 0.004
202309 0.005 155.464 0.005
202312 0.000 157.148 0.000
202403 0.000 159.372 0.000

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


Alfa Holdings  (BSP:RPAD3) 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 Alfa Holdings was 38.24. The lowest was 18.54. And the median was 29.60.


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.


Alfa Holdings Cyclically Adjusted FCF per Share Related Terms

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


Alfa Holdings (BSP:RPAD3) Business Description

Industry
Traded in Other Exchanges
Address
Alameda Santos, 466 Cerqueira Cesar, Sao Paulo, SP, BRA, 1418000
Alfa Holdings SA is a holding company. The company holds interests, directly or indirectly, in segments such as finance, insurance, and services.

Alfa Holdings (BSP:RPAD3) Headlines

No Headlines