GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Asia United Bank Corp (PHS:AUB) » Definitions » Cyclically Adjusted FCF per Share

Asia United Bank (PHS:AUB) Cyclically Adjusted FCF per Share : ₱-419.93 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Asia United 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.

Asia United Bank's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₱1,549.373. 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 ₱-419.93 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.

As of today (2024-05-31), Asia United Bank's current stock price is ₱42.00. Asia United Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₱-419.93. Asia United Bank's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Asia United Bank was 1.80. The lowest was 1.28. And the median was 1.48.


Asia United Bank Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Asia United 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.

Asia United Bank Cyclically Adjusted FCF per Share Chart

Asia United Bank 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 - 19.58 18.78 20.19 -564.20

Asia United 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 -1,661.88 -563.53 -565.07 -564.20 -419.93

Competitive Comparison of Asia United Bank's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Asia United 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.


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

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

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



Asia United 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, Asia United 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)
=1549.373/131.7762*131.7762
=1,549.373

Current CPI (Mar. 2024) = 131.7762.

Asia United Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.674 100.560 -3.504
201409 -1.807 100.428 -2.371
201412 -1.070 99.070 -1.423
201503 3.808 99.621 5.037
201506 -6.247 100.684 -8.176
201509 9.263 100.392 12.159
201512 -3.123 99.792 -4.124
201603 16.672 100.470 21.867
201606 -7.778 101.688 -10.079
201609 -4.503 101.861 -5.825
201612 9.074 101.863 11.739
201703 6.314 102.862 8.089
201706 6.904 103.349 8.803
201709 -4.060 104.136 -5.138
201712 -19.081 104.011 -24.175
201803 2.481 105.290 3.105
201806 12.242 106.317 15.174
201809 14.042 106.507 17.374
201812 0.131 105.998 0.163
201903 -3.792 107.251 -4.659
201906 16.616 108.070 20.261
201909 26.742 108.329 32.530
201912 -32.302 108.420 -39.261
202003 5.348 108.902 6.471
202006 6.785 108.767 8.220
202009 32.772 109.815 39.326
202012 23.799 109.897 28.537
202103 10.513 111.754 12.396
202106 16.928 114.631 19.460
202109 -19.217 115.734 -21.881
202112 -7.578 117.630 -8.489
202203 6.979 121.301 7.582
202206 2.541 125.017 2.678
202209 -4.001 125.227 -4.210
202212 16.181 125.222 17.028
202303 -16,791.258 127.348 -17,375.158
202306 11,175.431 128.729 11,439.996
202309 28.423 129.860 28.843
202312 2.941 129.419 2.995
202403 1,549.373 131.776 1,549.373

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


Asia United Bank  (PHS:AUB) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Asia United Bank was 1.80. The lowest was 1.28. And the median was 1.48.


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.


Asia United Bank Cyclically Adjusted FCF per Share Related Terms

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


Asia United Bank (PHS:AUB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 17 ADB Avenue, Joy-Nostalg Center, Ortigas Center, Pasig City, PHL, 1600
Asia United Bank Corp is a banking service provider in the Philippines. It offers banking and financial products to corporate and individual customers. It functions through five divisions. Commercial Banking provides lending, trade, and cash management services to corporate and institutional customers. The Consumer Banking segment offers banking services to retail customers. The Treasury segment functions include managing the group's reserve and liquidity position and maintaining its balance sheet by investing in sovereign and corporate debt instruments. The Branch Banking segment, which is the key revenue driver, offers retail deposit products. The Others segment includes the group's income from trust activities, remittances, investment banking, and gains on foreclosed properties.