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Commerzbank AG (BSE:CBKN) Cyclically Adjusted FCF per Share : lei0.00 (As of Mar. 2024)


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What is Commerzbank AG 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.

Commerzbank AG's adjusted free cash flow per share for the three months ended in Mar. 2024 was lei0.000. 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 lei0.00 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Commerzbank AG was 45.70% per year. The lowest was 16.90% per year. And the median was 31.30% per year.

As of today (2024-05-26), Commerzbank AG's current stock price is lei77.00. Commerzbank AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was lei0.00. Commerzbank AG's Cyclically Adjusted Price-to-FCF of today is .


Commerzbank AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Commerzbank AG'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.

Commerzbank AG Cyclically Adjusted FCF per Share Chart

Commerzbank AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
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Commerzbank AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Commerzbank AG's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Commerzbank AG'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.


Commerzbank AG's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Commerzbank AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Commerzbank AG 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, Commerzbank AG'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)
=0/125.0381*125.0381
=0.000

Current CPI (Mar. 2024) = 125.0381.

Commerzbank AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 5.955 99.543 7.480
201409 17.110 99.823 21.432
201412 10.997 99.543 13.814
201503 7.429 99.717 9.315
201506 55.925 100.417 69.637
201509 -51.458 100.417 -64.075
201512 47.758 99.717 59.885
201603 -50.443 100.017 -63.062
201606 -16.994 100.717 -21.098
201609 29.280 101.017 36.243
201612 58.684 101.217 72.495
201703 49.260 101.417 60.733
201706 31.848 102.117 38.997
201709 3.858 102.717 4.696
201712 -3.484 102.617 -4.245
201803 -5.843 102.917 -7.099
201806 10.930 104.017 13.139
201809 6.311 104.718 7.536
201812 -13.082 104.217 -15.696
201903 32.640 104.217 39.161
201906 20.048 105.718 23.712
201909 -48.198 106.018 -56.845
201912 -47.074 105.818 -55.624
202003 58.939 105.718 69.710
202006 108.538 106.618 127.290
202009 1.490 105.818 1.761
202012 -34.322 105.518 -40.671
202103 0.000 107.518 0.000
202106 0.000 108.486 0.000
202109 0.000 109.435 0.000
202112 0.000 110.384 0.000
202203 0.000 113.968 0.000
202206 0.000 115.760 0.000
202209 0.000 118.818 0.000
202212 0.000 119.345 0.000
202303 0.000 122.402 0.000
202306 0.000 123.140 0.000
202309 0.000 124.195 0.000
202312 0.000 123.773 0.000
202403 0.000 125.038 0.000

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


Commerzbank AG  (BSE:CBKN) 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.


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.


Commerzbank AG Cyclically Adjusted FCF per Share Related Terms

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


Commerzbank AG (BSE:CBKN) Business Description

Industry
Address
Kaiserplatz, Frankfurt, HE, DEU, 60261
Commerzbank operates primarily in Europe. Germany contributes about 70% to total income. The bank operates two business segments: private and small-business customers as well as corporate clients. In its private and small-business segment, the group runs its branch business, a mobile bank with a focus on the Polish market, an online broker, and an asset manager for physical assets. Its corporate client business provides cash management and trade finance solutions to small and medium-size enterprises and large corporates.

Commerzbank AG (BSE:CBKN) Headlines

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