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DBH Finance (DHA:DBH) Cyclically Adjusted FCF per Share : BDT8.93 (As of Dec. 2023)


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What is DBH Finance 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.

DBH Finance's adjusted free cash flow per share for the three months ended in Dec. 2023 was BDT-0.173. 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 BDT8.93 for the trailing ten years ended in Dec. 2023.

During the past 12 months, DBH Finance's average Cyclically Adjusted FCF Growth Rate was 107.20% 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), DBH Finance's current stock price is BDT33.90. DBH Finance's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was BDT8.93. DBH Finance's Cyclically Adjusted Price-to-FCF of today is 3.80.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of DBH Finance was 16.97. The lowest was 3.80. And the median was 11.15.


DBH Finance Cyclically Adjusted FCF per Share Historical Data

The historical data trend for DBH Finance'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.

DBH Finance Cyclically Adjusted FCF per Share Chart

DBH Finance Annual Data
Trend Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 6.71 4.31 8.93

DBH Finance 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 4.31 5.08 6.05 8.49 8.93

Competitive Comparison of DBH Finance's Cyclically Adjusted FCF per Share

For the Credit Services subindustry, DBH Finance'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.


DBH Finance's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, DBH Finance's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



DBH Finance 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, DBH Finance'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)
=-0.173/129.4194*129.4194
=-0.173

Current CPI (Dec. 2023) = 129.4194.

DBH Finance Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 3.704 99.695 4.808
201406 2.924 100.560 3.763
201409 -0.318 100.428 -0.410
201412 4.982 99.070 6.508
201503 -9.551 99.621 -12.408
201506 3.594 100.684 4.620
201509 2.188 100.392 2.821
201512 6.773 99.792 8.784
201603 -3.003 100.470 -3.868
201606 -1.610 101.688 -2.049
201609 0.000 101.861 0.000
201612 2.890 101.863 3.672
201703 5.628 102.862 7.081
201706 -5.226 103.349 -6.544
201709 17.193 104.136 21.367
201712 -7.661 104.011 -9.532
201803 2.296 105.290 2.822
201806 5.766 106.317 7.019
201809 6.137 106.507 7.457
201812 -7.400 105.998 -9.035
201903 -0.820 107.251 -0.989
201906 6.868 108.070 8.225
201909 7.766 108.329 9.278
201912 -4.628 108.420 -5.524
202003 -4.378 108.902 -5.203
202006 7.738 108.767 9.207
202009 4.830 109.815 5.692
202012 5.588 109.897 6.581
202103 -3.043 111.754 -3.524
202106 13.213 114.631 14.918
202109 2.511 115.734 2.808
202112 -12.772 117.630 -14.052
202203 -11.079 121.301 -11.820
202206 -8.553 125.017 -8.854
202209 -9.861 125.227 -10.191
202212 10.077 125.222 10.415
202303 7.922 127.348 8.051
202306 18.988 128.729 19.090
202309 16.273 129.860 16.218
202312 -0.173 129.419 -0.173

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


DBH Finance  (DHA:DBH) 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.

DBH Finance's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=33.90/8.93
=3.80

* 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 DBH Finance was 16.97. The lowest was 3.80. And the median was 11.15.


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.


DBH Finance Cyclically Adjusted FCF per Share Related Terms

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


DBH Finance (DHA:DBH) Business Description

Industry
Traded in Other Exchanges
N/A
Address
12-14 Gulshan North C/A, Landmark Building, 9th Floor, Gulshan-2, Dhaka, BGD, 1212
DBH Finance PLC provides financial services. The company provides loans for the construction of houses, purchases of flats or houses, extensions and improvements of existing houses or flats, and purchases of housing plots. The Company has also various investment and financing products like term deposit schemes, cumulative deposits, triple money deposits, double money deposits, annual income deposits, quarterly income deposits, monthly income deposits, easy way deposits, etc. for its individual and corporate clients.

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