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Petronas Chemicals Group Bhd (XKLS:5183) Cyclically Adjusted FCF per Share : RM0.42 (As of Dec. 2023)


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What is Petronas Chemicals Group Bhd 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.

Petronas Chemicals Group Bhd's adjusted free cash flow per share for the three months ended in Dec. 2023 was RM0.058. 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 RM0.42 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.40% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Petronas Chemicals Group Bhd was 8.40% per year. The lowest was 8.40% per year. And the median was 8.40% per year.

As of today (2024-05-15), Petronas Chemicals Group Bhd's current stock price is RM6.81. Petronas Chemicals Group Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was RM0.42. Petronas Chemicals Group Bhd's Cyclically Adjusted Price-to-FCF of today is 16.21.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Petronas Chemicals Group Bhd was 27.14. The lowest was 14.55. And the median was 20.55.


Petronas Chemicals Group Bhd Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Petronas Chemicals Group Bhd'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.

Petronas Chemicals Group Bhd Cyclically Adjusted FCF per Share Chart

Petronas Chemicals Group Bhd 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 - 0.33 0.37 0.42 0.42

Petronas Chemicals Group Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.42 0.41 0.41 0.41 0.42

Competitive Comparison of Petronas Chemicals Group Bhd's Cyclically Adjusted FCF per Share

For the Chemicals subindustry, Petronas Chemicals Group Bhd'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.


Petronas Chemicals Group Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Petronas Chemicals Group Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Petronas Chemicals Group Bhd's Cyclically Adjusted Price-to-FCF falls into.



Petronas Chemicals Group Bhd 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, Petronas Chemicals Group Bhd's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.058/129.4194*129.4194
=0.058

Current CPI (Dec. 2023) = 129.4194.

Petronas Chemicals Group Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.026 99.695 0.034
201406 0.087 100.560 0.112
201409 0.047 100.428 0.061
201412 0.012 99.070 0.016
201503 0.008 99.621 0.010
201506 0.047 100.684 0.060
201509 0.140 100.392 0.180
201512 -0.010 99.792 -0.013
201603 0.046 100.470 0.059
201606 0.011 101.688 0.014
201609 0.049 101.861 0.062
201612 -0.039 101.863 -0.050
201703 0.092 102.862 0.116
201706 0.087 103.349 0.109
201709 0.009 104.136 0.011
201712 0.045 104.011 0.056
201803 0.071 105.290 0.087
201806 0.148 106.317 0.180
201809 0.140 106.507 0.170
201812 0.110 105.998 0.134
201903 0.107 107.251 0.129
201906 0.132 108.070 0.158
201909 0.128 108.329 0.153
201912 0.032 108.420 0.038
202003 0.053 108.902 0.063
202006 0.051 108.767 0.061
202009 0.050 109.815 0.059
202012 0.038 109.897 0.045
202103 0.133 111.754 0.154
202106 0.198 114.631 0.224
202109 0.229 115.734 0.256
202112 0.271 117.630 0.298
202203 0.226 121.301 0.241
202206 0.210 125.017 0.217
202209 0.194 125.227 0.200
202212 0.141 125.222 0.146
202303 0.092 127.348 0.093
202306 0.110 128.729 0.111
202309 0.086 129.860 0.086
202312 0.058 129.419 0.058

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


Petronas Chemicals Group Bhd  (XKLS:5183) 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.

Petronas Chemicals Group Bhd's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.81/0.42
=16.21

* 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 Petronas Chemicals Group Bhd was 27.14. The lowest was 14.55. And the median was 20.55.


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.


Petronas Chemicals Group Bhd Cyclically Adjusted FCF per Share Related Terms

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


Petronas Chemicals Group Bhd (XKLS:5183) Business Description

Traded in Other Exchanges
Address
Tower 1, Petronas Twin Towers, Kuala Lumpur City Centre, Kuala Lumpur, SGR, MYS, 50088
Petronas Chemicals Group Bhd manufactures and sells a variety of petrochemicals. The firm organizes itself into three segments based on product type: Olefins and Derivatives; Fertilizers and Methanol and Specialties. The Olefins and Derivatives segment, which generates the majority of revenue, sells chemicals used in the production of acrylic acids, antifreeze, printing ink, dyes, gas treating solvents, personal care products, and plastics used in packaging films, wires, cables, and ducting. The Fertilizers and Methanol segment sells chemicals used in gasoline additives, plastic resins, ammonia, and fertilizers. The majority of revenue comes from Malaysia.

Petronas Chemicals Group Bhd (XKLS:5183) Headlines

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