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Anchor Land Holdings (PHS:ALHI) Cyclically Adjusted FCF per Share : ₱0.69 (As of Mar. 2024)


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What is Anchor Land 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.

Anchor Land Holdings's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₱-0.427. 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 ₱0.69 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Anchor Land Holdings's average Cyclically Adjusted FCF Growth Rate was 35.30% 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 (2024-06-05), Anchor Land Holdings's current stock price is ₱5.28. Anchor Land Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₱0.69. Anchor Land Holdings's Cyclically Adjusted Price-to-FCF of today is 7.65.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Anchor Land Holdings was 81.00. The lowest was 6.17. And the median was 10.67.


Anchor Land Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Anchor Land 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.

Anchor Land Holdings Cyclically Adjusted FCF per Share Chart

Anchor Land Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.19 -0.13 0.08 0.51

Anchor Land Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.51 0.61 0.63 0.65 0.69

Competitive Comparison of Anchor Land Holdings's Cyclically Adjusted FCF per Share

For the Real Estate - Development subindustry, Anchor Land 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.


Anchor Land Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Anchor Land Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Anchor Land 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, Anchor Land 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)
=-0.427/131.7762*131.7762
=-0.427

Current CPI (Mar. 2024) = 131.7762.

Anchor Land Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.088 99.695 -0.116
201406 0.080 100.560 0.105
201409 -0.112 100.428 -0.147
201412 -0.225 99.070 -0.299
201503 -0.130 99.621 -0.172
201506 -0.257 100.684 -0.336
201509 0.273 100.392 0.358
201512 -0.420 99.792 -0.555
201603 -0.071 100.470 -0.093
201606 0.084 101.688 0.109
201609 0.231 101.861 0.299
201612 0.372 101.863 0.481
201703 0.293 102.862 0.375
201706 -1.568 103.349 -1.999
201709 0.243 104.136 0.307
201712 -0.063 104.011 -0.080
201803 0.476 105.290 0.596
201806 0.419 106.317 0.519
201809 -0.327 106.507 -0.405
201812 -0.261 105.998 -0.324
201903 0.685 107.251 0.842
201906 0.337 108.070 0.411
201909 0.969 108.329 1.179
201912 0.742 108.420 0.902
202003 0.534 108.902 0.646
202006 0.580 108.767 0.703
202009 -0.501 109.815 -0.601
202012 0.306 109.897 0.367
202103 0.134 111.754 0.158
202106 0.211 114.631 0.243
202109 0.319 115.734 0.363
202112 0.201 117.630 0.225
202203 0.745 121.301 0.809
202206 0.587 125.017 0.619
202209 0.674 125.227 0.709
202212 0.440 125.222 0.463
202303 0.272 127.348 0.281
202306 0.176 128.729 0.180
202309 0.209 129.860 0.212
202403 -0.427 131.776 -0.427

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


Anchor Land Holdings  (PHS:ALHI) 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.

Anchor Land Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.28/0.69
=7.65

* 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 13 years, the highest Cyclically Adjusted Price-to-FCF of Anchor Land Holdings was 81.00. The lowest was 6.17. And the median was 10.67.


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.


Anchor Land Holdings Cyclically Adjusted FCF per Share Related Terms

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


Anchor Land Holdings (PHS:ALHI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6752 Ayala Avenue corner Makati Avenue, 15th Floor, L.V. Locsin Building, Makati, PHL, 1228
Anchor Land Holdings Inc operates in the real estate industry, specializing in the development of sophisticated and luxurious residential condominiums. The company's aggregated operation includes condominium sales, leasing and hotel, and property management. The group operates only in the Philippines.

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