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Alibaba Group Holding (Alibaba Group Holding) Cyclically Adjusted Price-to-FCF : 9.15 (As of Apr. 27, 2024)


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What is Alibaba Group Holding Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Alibaba Group Holding's current share price is $75.55. Alibaba Group Holding's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $8.26. Alibaba Group Holding's Cyclically Adjusted Price-to-FCF for today is 9.15.

The historical rank and industry rank for Alibaba Group Holding's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BABA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.36   Med: 14.59   Max: 52.35
Current: 9.09

During the past years, Alibaba Group Holding's highest Cyclically Adjusted Price-to-FCF was 52.35. The lowest was 8.36. And the median was 14.59.

BABA's Cyclically Adjusted Price-to-FCF is ranked better than
66.21% of 435 companies
in the Retail - Cyclical industry
Industry Median: 13.15 vs BABA: 9.09

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.

Alibaba Group Holding's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $3.568. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $8.26 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alibaba Group Holding Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alibaba Group Holding'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.

Alibaba Group Holding Cyclically Adjusted Price-to-FCF Chart

Alibaba Group Holding Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 34.04 15.65 13.68

Alibaba Group Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.87 13.68 10.83 10.91 9.38

Competitive Comparison of Alibaba Group Holding's Cyclically Adjusted Price-to-FCF

For the Internet Retail subindustry, Alibaba Group Holding'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.


Alibaba Group Holding's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Alibaba Group Holding's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Alibaba Group Holding's Cyclically Adjusted Price-to-FCF falls into.



Alibaba Group Holding 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.

Alibaba Group Holding's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=75.55/8.26
=9.15

* 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.

Alibaba Group Holding's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Alibaba Group Holding'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)
=3.568/117.2957*117.2957
=3.568

Current CPI (Dec. 2023) = 117.2957.

Alibaba Group Holding Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.123 95.749 0.151
201406 0.685 96.409 0.833
201409 0.392 97.948 0.469
201412 1.212 99.707 1.426
201503 0.356 99.927 0.418
201506 0.648 99.267 0.766
201509 0.926 99.927 1.087
201512 1.595 102.015 1.834
201603 0.307 102.785 0.350
201606 0.884 101.686 1.020
201609 1.005 102.565 1.149
201612 2.103 103.225 2.390
201703 0.745 103.335 0.846
201706 1.463 103.664 1.655
201709 1.759 103.994 1.984
201712 3.215 104.984 3.592
201803 0.869 105.973 0.962
201806 2.127 106.193 2.349
201809 1.743 106.852 1.913
201812 3.606 107.622 3.930
201903 1.053 108.172 1.142
201906 1.905 109.601 2.039
201909 2.523 110.260 2.684
201912 5.145 110.700 5.452
202003 0.113 110.920 0.119
202006 2.581 110.590 2.738
202009 2.904 107.512 3.168
202012 5.734 109.711 6.130
202103 1.349 111.579 1.418
202106 1.899 111.360 2.000
202109 2.037 109.051 2.191
202112 4.648 112.349 4.853
202203 -0.411 113.558 -0.425
202206 1.893 113.448 1.957
202209 2.537 113.778 2.615
202212 4.794 114.548 4.909
202303 1.745 115.427 1.773
202306 2.456 115.647 2.491
202309 2.629 116.087 2.656
202312 3.568 117.296 3.568

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.


Alibaba Group Holding  (NYSE:BABA) 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.


Alibaba Group Holding Cyclically Adjusted Price-to-FCF Related Terms

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Alibaba Group Holding (Alibaba Group Holding) Business Description

Address
1 Matheson Street, Causeway Bay, 26th Floor, Tower One, Times Square, Hong Kong, HKG
Alibaba is the world's largest online and mobile commerce company as measured by gross merchandise volume (CNY 8.3 trillion for the fiscal year ended March 2022). It operates China's online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). Alibaba's China commerce retail division accounted for 67% of revenue in the year ended March 2022. Additional revenue sources include China commerce wholesale (2%), international commerce retail/wholesale (5%/2%), local consumer services (5%), cloud computing (9%), digital media and entertainment platforms (4%), Cainiao logistics services (5%), and innovation initiatives/other (1%).