GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Dis-Chem Pharmacies Ltd (JSE:DCP) » Definitions » Cyclically Adjusted FCF per Share

Dis-Chem Pharmacies (JSE:DCP) Cyclically Adjusted FCF per Share : R0.17 (As of Feb. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Dis-Chem Pharmacies 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.

Dis-Chem Pharmacies's adjusted free cash flow per share data for the fiscal year that ended in Feb. 2024 was R0.511. 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 R0.17 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Dis-Chem Pharmacies's average Cyclically Adjusted FCF Growth Rate was 54.50% per year. 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.

As of today (2024-06-07), Dis-Chem Pharmacies's current stock price is R 31.80. Dis-Chem Pharmacies's Cyclically Adjusted FCF per Share for the fiscal year that ended in Feb. 2024 was R0.17. Dis-Chem Pharmacies's Cyclically Adjusted Price-to-FCF of today is 187.06.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Dis-Chem Pharmacies was 284.36. The lowest was 182.94. And the median was 221.64.


Dis-Chem Pharmacies Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Dis-Chem Pharmacies'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.

Dis-Chem Pharmacies Cyclically Adjusted FCF per Share Chart

Dis-Chem Pharmacies Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.11 0.17

Dis-Chem Pharmacies Semi-Annual Data
Feb14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 - - 0.11 - 0.17

Competitive Comparison of Dis-Chem Pharmacies's Cyclically Adjusted FCF per Share

For the Pharmaceutical Retailers subindustry, Dis-Chem Pharmacies'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.


Dis-Chem Pharmacies's Cyclically Adjusted Price-to-FCF Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dis-Chem Pharmacies's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Dis-Chem Pharmacies's Cyclically Adjusted Price-to-FCF falls into.



Dis-Chem Pharmacies 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, Dis-Chem Pharmacies's adjusted Free Cash Flow per Share data for the fiscal year that ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.511/154.2028*154.2028
=0.511

Current CPI (Feb. 2024) = 154.2028.

Dis-Chem Pharmacies Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201502 -0.519 97.339 -0.822
201602 -1.037 104.097 -1.536
201702 -0.011 110.855 -0.015
201802 -0.029 115.106 -0.039
201902 0.222 119.793 0.286
202002 1.039 125.243 1.279
202102 0.841 128.817 1.007
202202 1.163 136.109 1.318
202302 -0.274 146.101 -0.289
202402 0.511 154.203 0.511

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


Dis-Chem Pharmacies  (JSE:DCP) 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.

Dis-Chem Pharmacies's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=31.80/0.17
=187.06

* 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.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Dis-Chem Pharmacies was 284.36. The lowest was 182.94. And the median was 221.64.


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.


Dis-Chem Pharmacies Cyclically Adjusted FCF per Share Related Terms

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


Dis-Chem Pharmacies (JSE:DCP) Business Description

Traded in Other Exchanges
N/A
Address
23 Stag Road, Glen Austin, Midrand, Johannesburg, GT, ZAF, 1685
Dis-Chem Pharmacies Ltd is a pharmaceutical company based in South Africa. Its product portfolio includes personal care products, beauty products, healthcare and nutrition products, and dispensary and baby care products. The operating segments of the group are Retail and Wholesale. It derives maximum revenue from the Retail segment, which includes company stores, retailers of pharmaceutical and a variety of health and beauty products, as well as pharma-logistic services and oncology and retailers of pharmaceutical products. The Wholesale segment consists of the CJ wholesale and company distribution businesses, wholesalers of pharmaceuticals, and a variety of health and beauty products. Geographically, the group carries its business operations principally in South Africa.

Dis-Chem Pharmacies (JSE:DCP) Headlines

From GuruFocus

DCP Midstream Files Form 10-K for Fiscal Year 2022

By sperokesalga sperokesalga 02-17-2023

DCP Midstream Announces Common and Preferred Unit Distributions

By Stock market mentor Stock market mentor 01-24-2023

DCP Midstream Announces Common and Preferred Unit Distributions

By GuruFocusNews GuruFocusNews 04-19-2022

DCP Midstream to Participate in 2022 EIC Investor Conference

By GuruFocusNews GuruFocusNews 06-08-2022

DCP Midstream to Participate in 2022 EIC Investor Conference

By GuruFocusNews GuruFocusNews 05-09-2022

DCP Midstream to Participate in the 6th Annual Mizuho Energy Summit

By GuruFocusNews GuruFocusNews 03-09-2022

SHAREHOLDER ALERT: Weiss Law Investigates DCP Midstream, LP

By PRNewswire PRNewswire 01-11-2023