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FDC International Hotels (TPE:2748) Cyclically Adjusted FCF per Share : NT$2.87 (As of Mar. 2024)


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What is FDC International Hotels 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.

FDC International Hotels's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$0.982. 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 NT$2.87 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.

As of today (2024-06-07), FDC International Hotels's current stock price is NT$71.10. FDC International Hotels's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$2.87. FDC International Hotels's Cyclically Adjusted Price-to-FCF of today is 24.77.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of FDC International Hotels was 25.99. The lowest was 23.80. And the median was 24.91.


FDC International Hotels Cyclically Adjusted FCF per Share Historical Data

The historical data trend for FDC International Hotels'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.

FDC International Hotels Cyclically Adjusted FCF per Share Chart

FDC International Hotels Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
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FDC International Hotels 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 - - - - 2.87

Competitive Comparison of FDC International Hotels's Cyclically Adjusted FCF per Share

For the Lodging subindustry, FDC International Hotels'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.


FDC International Hotels's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, FDC International Hotels's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where FDC International Hotels's Cyclically Adjusted Price-to-FCF falls into.



FDC International Hotels 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, FDC International Hotels'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)
=0.982/131.7762*131.7762
=0.982

Current CPI (Mar. 2024) = 131.7762.

FDC International Hotels Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 98.326 0.000
201406 0.000 100.560 0.000
201412 0.000 99.070 0.000
201503 0.436 99.621 0.577
201506 0.089 100.684 0.116
201509 0.090 100.392 0.118
201512 1.987 99.792 2.624
201603 0.741 100.470 0.972
201606 0.186 101.688 0.241
201609 0.639 101.861 0.827
201612 2.081 101.863 2.692
201703 0.719 102.862 0.921
201706 0.682 103.349 0.870
201709 0.368 104.136 0.466
201712 2.109 104.011 2.672
201803 0.694 105.290 0.869
201806 -0.211 106.317 -0.262
201809 -0.063 106.507 -0.078
201812 -7.400 105.998 -9.200
201903 1.107 107.251 1.360
201906 2.016 108.070 2.458
201909 0.950 108.329 1.156
201912 2.961 108.420 3.599
202003 -1.559 108.902 -1.886
202006 0.346 108.767 0.419
202009 1.866 109.815 2.239
202012 2.746 109.897 3.293
202103 0.177 111.754 0.209
202106 -1.442 114.631 -1.658
202109 0.355 115.734 0.404
202112 3.322 117.630 3.722
202203 0.902 121.301 0.980
202206 -0.143 125.017 -0.151
202209 1.819 125.227 1.914
202212 3.148 125.222 3.313
202303 0.130 127.348 0.135
202306 0.949 128.729 0.971
202309 -3.974 129.860 -4.033
202312 2.678 129.419 2.727
202403 0.982 131.776 0.982

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


FDC International Hotels  (TPE:2748) 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.

FDC International Hotels's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=71.10/2.87
=24.77

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of FDC International Hotels was 25.99. The lowest was 23.80. And the median was 24.91.


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.


FDC International Hotels Cyclically Adjusted FCF per Share Related Terms

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


FDC International Hotels (TPE:2748) Business Description

Traded in Other Exchanges
N/A
Address
No.66, Wugong Road, 6-7th floor, Xinzhuang District, New Taipei, TWN, 242
FDC International Hotels Corp is mainly in the business of international tourist hotels.

FDC International Hotels (TPE:2748) Headlines

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