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Faisal Islamic Bank of Egypt (CAI:FAIT) Cyclically Adjusted FCF per Share : E£17.37 (As of Dec. 2023)


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What is Faisal Islamic Bank of Egypt 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.

Faisal Islamic Bank of Egypt's adjusted free cash flow per share for the three months ended in Dec. 2023 was E£8.963. 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 E£17.37 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Faisal Islamic Bank of Egypt's average Cyclically Adjusted FCF Growth Rate was 31.90% 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.

As of today (2024-05-24), Faisal Islamic Bank of Egypt's current stock price is E£30.85. Faisal Islamic Bank of Egypt's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was E£17.37. Faisal Islamic Bank of Egypt's Cyclically Adjusted Price-to-FCF of today is 1.78.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Faisal Islamic Bank of Egypt was 2.22. The lowest was 0.88. And the median was 1.75.


Faisal Islamic Bank of Egypt Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Faisal Islamic Bank of Egypt'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.

Faisal Islamic Bank of Egypt Cyclically Adjusted FCF per Share Chart

Faisal Islamic Bank of Egypt 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 - - - 13.17 17.37

Faisal Islamic Bank of Egypt 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 13.17 14.45 16.42 16.11 17.37

Competitive Comparison of Faisal Islamic Bank of Egypt's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Faisal Islamic Bank of Egypt'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.


Faisal Islamic Bank of Egypt's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Faisal Islamic Bank of Egypt's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Faisal Islamic Bank of Egypt's Cyclically Adjusted Price-to-FCF falls into.



Faisal Islamic Bank of Egypt 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, Faisal Islamic Bank of Egypt'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)
=8.963/129.4194*129.4194
=8.963

Current CPI (Dec. 2023) = 129.4194.

Faisal Islamic Bank of Egypt Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -2.821 99.695 -3.662
201406 11.163 100.560 14.367
201409 3.571 100.428 4.602
201412 8.877 99.070 11.596
201503 3.277 99.621 4.257
201506 -4.155 100.684 -5.341
201509 4.214 100.392 5.432
201512 3.920 99.792 5.084
201603 3.341 100.470 4.304
201606 -0.830 101.688 -1.056
201609 1.464 101.861 1.860
201612 13.741 101.863 17.458
201703 -1.650 102.862 -2.076
201706 7.073 103.349 8.857
201709 8.854 104.136 11.004
201712 -4.253 104.011 -5.292
201803 -9.083 105.290 -11.165
201806 11.649 106.317 14.180
201809 6.316 106.507 7.675
201812 -1.991 105.998 -2.431
201903 14.796 107.251 17.854
201906 -11.983 108.070 -14.350
201909 64.346 108.329 76.873
201912 -56.633 108.420 -67.602
202003 11.801 108.902 14.024
202006 -11.246 108.767 -13.381
202009 -10.401 109.815 -12.258
202012 1.480 109.897 1.743
202103 2.465 111.754 2.855
202106 8.174 114.631 9.228
202109 2.692 115.734 3.010
202112 11.103 117.630 12.216
202203 9.491 121.301 10.126
202206 15.240 125.017 15.777
202209 2.101 125.227 2.171
202212 -1.756 125.222 -1.815
202303 10.694 127.348 10.868
202306 14.546 128.729 14.624
202309 3.161 129.860 3.150
202312 8.963 129.419 8.963

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


Faisal Islamic Bank of Egypt  (CAI:FAIT) 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.

Faisal Islamic Bank of Egypt's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=30.85/17.37
=1.78

* 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 Faisal Islamic Bank of Egypt was 2.22. The lowest was 0.88. And the median was 1.75.


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.


Faisal Islamic Bank of Egypt Cyclically Adjusted FCF per Share Related Terms

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Faisal Islamic Bank of Egypt (CAI:FAIT) Business Description

Traded in Other Exchanges
Address
3, 26 July Street, P.O. Box: 2446, Cairo, EGY, 11511
Faisal Islamic Bank of Egypt is an Egyptian Islamic and commercial bank. It provides general banking services like deposits, loans, letters of credit and guarantee, securities services, saving pools, and finance and investment.

Faisal Islamic Bank of Egypt (CAI:FAIT) Headlines

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