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Allam Bank BSC (DFM:SALAM_BAH) Cyclically Adjusted FCF per Share : د.إ0.19 (As of Mar. 2024)


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What is Allam Bank BSC 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.

Allam Bank BSC's adjusted free cash flow per share for the three months ended in Mar. 2024 was د.إ0.507. 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 د.إ0.19 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Allam Bank BSC's average Cyclically Adjusted FCF Growth Rate was 100.00% 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 (2024-06-12), Allam Bank BSC's current stock price is د.إ2.35. Allam Bank BSC's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was د.إ0.19. Allam Bank BSC's Cyclically Adjusted Price-to-FCF of today is 12.37.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Allam Bank BSC was 18.10. The lowest was 7.62. And the median was 9.61.


Allam Bank BSC Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Allam Bank BSC'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.

Allam Bank BSC Cyclically Adjusted FCF per Share Chart

Allam Bank BSC 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 - - 0.09 0.10 0.19

Allam Bank BSC 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 0.10 0.10 - 0.19 0.19

Competitive Comparison of Allam Bank BSC's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Allam Bank BSC'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.


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

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

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



Allam Bank BSC 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, Allam Bank BSC'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)
=0.507/131.7762*131.7762
=0.507

Current CPI (Mar. 2024) = 131.7762.

Allam Bank BSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.367 100.560 0.481
201409 -0.060 100.428 -0.079
201412 -0.004 99.070 -0.005
201503 -0.003 99.621 -0.004
201506 -0.147 100.684 -0.192
201509 -0.119 100.392 -0.156
201512 -0.025 99.792 -0.033
201603 0.051 100.470 0.067
201606 -0.124 101.688 -0.161
201609 -0.230 101.861 -0.298
201612 0.099 101.863 0.128
201703 -0.239 102.862 -0.306
201706 -0.070 103.349 -0.089
201709 0.025 104.136 0.032
201712 -0.151 104.011 -0.191
201803 -0.016 105.290 -0.020
201806 -0.071 106.317 -0.088
201809 -0.002 106.507 -0.002
201812 0.050 105.998 0.062
201903 0.562 107.251 0.691
201906 -0.420 108.070 -0.512
201909 0.054 108.329 0.066
201912 0.200 108.420 0.243
202003 0.034 108.902 0.041
202006 -0.489 108.767 -0.592
202009 -0.009 109.815 -0.011
202012 0.319 109.897 0.383
202103 0.084 111.754 0.099
202106 1.266 114.631 1.455
202109 0.050 115.734 0.057
202112 0.251 117.630 0.281
202203 -0.166 121.301 -0.180
202206 0.009 125.017 0.009
202209 -0.466 125.227 -0.490
202212 0.364 125.222 0.383
202303 0.064 127.348 0.066
202306 -0.199 128.729 -0.204
202309 -0.931 129.860 -0.945
202312 1.151 129.419 1.172
202403 0.507 131.776 0.507

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


Allam Bank BSC  (DFM:SALAM_BAH) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.35/0.19
=12.37

* 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 Allam Bank BSC was 18.10. The lowest was 7.62. And the median was 9.61.


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.


Allam Bank BSC Cyclically Adjusted FCF per Share Related Terms

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


Allam Bank BSC (DFM:SALAM_BAH) Business Description

Industry
Traded in Other Exchanges
Address
Burj Al Khair 3, P.O.Box 18282, Manama, BHR
Al Salam Bank BSC is a banking corporation operating in Bahrain. It provides various Islamic banking products and services in the Kingdom of Bahrain. The company offers money market, trading, and treasury services, including short-term commodities, managing portfolios, and serving clients with a range of investment products, funds, and alternative investments. Besides, it also manages the un-deployed capital of the company by investing it in high-quality financial instruments. The company's reportable segments namely Banking, Treasury, Takaful and Investments. It generates maximum revenue from the Banking segment.

Allam Bank BSC (DFM:SALAM_BAH) Headlines

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