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DFCC Bank (COL:DFCC.N0000) Cyclically Adjusted FCF per Share : රු21.65 (As of Mar. 2024)


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What is DFCC Bank 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.

DFCC Bank's adjusted free cash flow per share for the three months ended in Mar. 2024 was රු47.655. 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 රු21.65 for the trailing ten years ended in Mar. 2024.

During the past 12 months, DFCC Bank's average Cyclically Adjusted FCF Growth Rate was 236.20% 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 (2024-05-26), DFCC Bank's current stock price is රු80.00. DFCC Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was රු21.65. DFCC Bank's Cyclically Adjusted Price-to-FCF of today is 3.70.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of DFCC Bank was 24.47. The lowest was 3.35. And the median was 7.60.


DFCC Bank Cyclically Adjusted FCF per Share Historical Data

The historical data trend for DFCC Bank'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.

DFCC Bank Cyclically Adjusted FCF per Share Chart

DFCC Bank Annual Data
Trend Mar14 Mar15 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 - - -10.27 2.42 20.60

DFCC Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.44 8.82 10.59 20.60 21.65

Competitive Comparison of DFCC Bank's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, DFCC Bank'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.


DFCC Bank's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



DFCC Bank 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, DFCC Bank'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)
=47.655/131.7762*131.7762
=47.655

Current CPI (Mar. 2024) = 131.7762.

DFCC Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.190 100.560 2.870
201409 -36.285 100.428 -47.611
201412 -11.544 99.070 -15.355
201503 12.272 99.621 16.233
201506 -19.279 100.684 -25.233
201509 -11.902 100.392 -15.623
201512 -1.004 99.792 -1.326
201603 -11.023 100.470 -14.458
201606 -9.903 101.688 -12.833
201609 7.658 101.861 9.907
201612 -4.379 101.863 -5.665
201703 13.631 102.862 17.463
201706 14.682 103.349 18.720
201709 59.086 104.136 74.769
201712 -22.602 104.011 -28.635
201803 -26.729 105.290 -33.453
201806 -24.128 106.317 -29.906
201809 56.548 106.507 69.964
201812 53.070 105.998 65.976
201903 -16.757 107.251 -20.589
201906 45.104 108.070 54.998
201909 -126.931 108.329 -154.404
201912 47.830 108.420 58.134
202003 -29.674 108.902 -35.907
202006 72.859 108.767 88.272
202009 10.779 109.815 12.935
202012 32.602 109.897 39.093
202103 -33.497 111.754 -39.498
202106 -4.537 114.631 -5.216
202109 -38.754 115.734 -44.126
202112 -113.385 117.630 -127.021
202203 14.537 121.301 15.792
202206 -1.314 125.017 -1.385
202209 -5.387 125.227 -5.669
202212 114.228 125.222 120.207
202303 42.369 127.348 43.842
202306 25.266 128.729 25.864
202309 17.979 129.860 18.244
202312 78.068 129.419 79.490
202403 47.655 131.776 47.655

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


DFCC Bank  (COL:DFCC.N0000) 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.

DFCC Bank's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=80.00/21.65
=3.70

* 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 DFCC Bank was 24.47. The lowest was 3.35. And the median was 7.60.


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.


DFCC Bank Cyclically Adjusted FCF per Share Related Terms

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


DFCC Bank (COL:DFCC.N0000) Business Description

Industry
Traded in Other Exchanges
N/A
Address
73/5, Galle Road, Colombo, LKA, 03
DFCC Bank PLC is a development bank operating along with its subsidiary and venture company in Sri Lanka that operates in four segments; Corporate Banking includes Loans deposits and other transactions and balances with corporate customers, Retail Banking includes Loans, deposits, and other transactions and balances with retail customers, The Treasury segment includes Funding and centralized risk management activities through borrowings, issues of debt securities, use of derivatives for risk management purposes and investing in short-term placements and corporate and government debt securities, and Other segment includes Revenue and expenses attributable to the incorporated business segments of industrial estate management, unit trust management, stock brokering, and consultancy services.

DFCC Bank (COL:DFCC.N0000) Headlines

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