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PKO Bank Polski (XPRA:PKO) Cyclically Adjusted FCF per Share : Kč95.28 (As of Mar. 2024)


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What is PKO Bank Polski 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.

PKO Bank Polski's adjusted free cash flow per share for the three months ended in Mar. 2024 was Kč-59.533. 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 Kč95.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PKO Bank Polski's average Cyclically Adjusted FCF Growth Rate was 13.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 34.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 38.10% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of PKO Bank Polski was 41.10% per year. The lowest was 31.50% per year. And the median was 37.10% per year.

As of today (2024-06-06), PKO Bank Polski's current stock price is Kč330.00. PKO Bank Polski's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was Kč95.28. PKO Bank Polski's Cyclically Adjusted Price-to-FCF of today is 3.46.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PKO Bank Polski was 19.02. The lowest was 1.65. And the median was 4.59.


PKO Bank Polski Cyclically Adjusted FCF per Share Historical Data

The historical data trend for PKO Bank Polski'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.

PKO Bank Polski Cyclically Adjusted FCF per Share Chart

PKO Bank Polski 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 32.67 45.27 54.01 65.95 102.58

PKO Bank Polski 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 65.69 70.66 84.62 102.58 95.28

Competitive Comparison of PKO Bank Polski's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, PKO Bank Polski'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.


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

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

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



PKO Bank Polski 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, PKO Bank Polski'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)
=-59.533/149.0435*149.0435
=-59.533

Current CPI (Mar. 2024) = 149.0435.

PKO Bank Polski Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -35.814 101.180 -52.756
201409 4.748 100.611 7.034
201412 7.576 100.122 11.278
201503 7.635 100.041 11.375
201506 23.037 100.448 34.182
201509 -7.921 99.634 -11.849
201512 46.603 99.471 69.828
201603 23.964 98.983 36.084
201606 -6.358 99.552 -9.519
201609 5.962 99.064 8.970
201612 6.624 100.366 9.837
201703 8.320 101.018 12.276
201706 -0.952 101.180 -1.402
201709 17.725 101.343 26.068
201712 56.457 102.564 82.042
201803 -28.435 102.564 -41.321
201806 -8.953 103.378 -12.908
201809 13.411 103.378 19.335
201812 71.043 103.785 102.023
201903 -22.583 104.274 -32.279
201906 -8.924 105.983 -12.550
201909 21.568 105.983 30.331
201912 28.016 107.123 38.980
202003 31.288 109.076 42.752
202006 92.964 109.402 126.650
202009 7.224 109.320 9.849
202012 19.078 109.565 25.952
202103 30.102 112.658 39.824
202106 28.045 113.960 36.679
202109 18.701 115.588 24.114
202112 74.425 119.088 93.146
202203 -8.615 125.031 -10.270
202206 37.103 131.705 41.987
202209 49.513 135.531 54.449
202212 5.362 139.113 5.745
202303 8.101 145.950 8.273
202306 55.133 147.009 55.896
202309 61.609 146.113 62.845
202312 89.978 147.741 90.771
202403 -59.533 149.044 -59.533

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


PKO Bank Polski  (XPRA:PKO) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=330.00/95.28
=3.46

* 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 PKO Bank Polski was 19.02. The lowest was 1.65. And the median was 4.59.


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.


PKO Bank Polski Cyclically Adjusted FCF per Share Related Terms

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


PKO Bank Polski (XPRA:PKO) Business Description

Industry
Traded in Other Exchanges
Address
Pu?awska street 15, Warsaw, POL, 02-515
PKO Bank Polski SA is a universal banking group operating primarily in Poland, with subsidiaries in the Ukraine and Sweden. The bank's corporate strategy places a premium on organic growth and acquisitions. It has a strong presence in retail deposits, mortgage loans, consumer finance, corporate deposits, corporate loans, and asset management. Majority of its net revenue is net interest income, overwhelmingly derived from customer loans. Net fees and commissions, in contrast, are diversified across loans and insurance, mutual funds and brokerage, cards, and customer accounts. The bank has an appreciably large portion of its deposit base originating from retail clients in relation to competitors.

PKO Bank Polski (XPRA:PKO) Headlines

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