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Dangote Cement (NSA:DCP) Cyclically Adjusted Price-to-FCF : (As of May. 13, 2024)


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What is Dangote Cement Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dangote Cement Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Dangote Cement's Cyclically Adjusted Price-to-FCF 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.

Dangote Cement Cyclically Adjusted Price-to-FCF Chart

Dangote Cement Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 20.30 18.15 18.84

Dangote Cement Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 18.08 17.69 20.81 18.84 -

Competitive Comparison of Dangote Cement's Cyclically Adjusted Price-to-FCF

For the Building Materials subindustry, Dangote Cement'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.


Dangote Cement's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Dangote Cement's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Dangote Cement Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Dangote Cement's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Dangote Cement'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)
=16.15/129.4194*129.4194
=16.150

Current CPI (Mar. 2024) = 129.4194.

Dangote Cement Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.735 100.560 -0.946
201409 -1.360 100.428 -1.753
201412 -0.348 99.070 -0.455
201503 2.012 99.621 2.614
201506 2.100 100.684 2.699
201509 -2.684 100.392 -3.460
201512 1.347 99.792 1.747
201603 3.689 100.470 4.752
201606 0.010 101.688 0.013
201609 -0.650 101.861 -0.826
201612 5.266 101.863 6.691
201703 4.692 102.862 5.903
201706 1.402 103.349 1.756
201709 4.993 104.136 6.205
201712 4.060 104.011 5.052
201803 7.712 105.290 9.479
201806 2.364 106.317 2.878
201809 2.903 106.507 3.528
201812 3.800 105.998 4.640
201903 6.621 107.251 7.990
201906 1.155 108.070 1.383
201909 2.985 108.329 3.566
201912 3.965 108.420 4.733
202003 4.293 108.902 5.102
202006 5.767 108.767 6.862
202009 5.731 109.815 6.754
202012 1.070 109.897 1.260
202103 9.710 111.754 11.245
202106 4.605 114.631 5.199
202109 3.672 115.734 4.106
202112 6.134 117.630 6.749
202203 10.956 121.301 11.689
202206 4.188 125.017 4.335
202209 -0.233 125.227 -0.241
202212 3.407 125.222 3.521
202303 6.233 127.348 6.334
202306 12.835 128.729 12.904
202309 1.937 129.860 1.930
202312 10.992 129.419 10.992
202403 16.150 129.419 16.150

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


Dangote Cement  (NSA:DCP) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Dangote Cement Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Dangote Cement's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Dangote Cement (NSA:DCP) Business Description

Traded in Other Exchanges
N/A
Address
1, Alfred Rewane Road, P.O. Box 40032, Falomo, Ikoyi, Union Marble House, Lagos, NGA
Dangote Cement PLC is a Nigerian cement manufacturer. It manufactures and markets cement and related products through its 'Dangote' brand. Its geographical segment includes Nigeria and Pan Africa. The company derives a majority of revenue from Nigeria segment.