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BCO Mercantil de Investimentos (BSP:BMIN4) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is BCO Mercantil de Investimentos Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


BCO Mercantil de Investimentos Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for BCO Mercantil de Investimentos's Cyclically Adjusted Price-to-FCF 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.

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BCO Mercantil de Investimentos Cyclically Adjusted Price-to-FCF Chart

BCO Mercantil de Investimentos Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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BCO Mercantil de Investimentos Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of BCO Mercantil de Investimentos's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, BCO Mercantil de Investimentos'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.


BCO Mercantil de Investimentos's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where BCO Mercantil de Investimentos's Cyclically Adjusted Price-to-FCF falls into.



BCO Mercantil de Investimentos Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

BCO Mercantil de Investimentos's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, BCO Mercantil de Investimentos'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)
=0.942/159.3724*159.3724
=0.942

Current CPI (Mar. 2024) = 159.3724.

BCO Mercantil de Investimentos Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.613 91.838 -1.064
201409 -3.764 92.602 -6.478
201412 1.782 94.194 3.015
201503 4.704 97.799 7.666
201506 3.028 100.006 4.825
201509 2.842 101.392 4.467
201512 3.613 104.247 5.524
201603 -0.181 106.979 -0.270
201606 0.399 108.851 0.584
201609 -0.006 109.986 -0.009
201612 0.048 110.802 0.069
201703 -0.149 111.869 -0.212
201706 -14.231 112.115 -20.230
201709 -12.679 112.777 -17.917
201712 -7.612 114.068 -10.635
201803 0.297 114.868 0.412
201806 -1.708 117.038 -2.326
201809 -4.021 117.881 -5.436
201812 5.109 118.340 6.880
201903 0.476 120.124 0.632
201906 5.005 120.977 6.593
201909 6.453 121.292 8.479
201912 -3.234 123.436 -4.176
202003 2.083 124.092 2.675
202006 6.196 123.557 7.992
202009 -5.401 125.095 -6.881
202012 -3.439 129.012 -4.248
202103 -3.603 131.660 -4.361
202106 5.616 133.871 6.686
202109 -1.330 137.913 -1.537
202112 7.408 141.992 8.315
202203 4.755 146.537 5.171
202206 -5.139 149.784 -5.468
202209 -4.891 147.800 -5.274
202212 -4.288 150.207 -4.550
202303 -1.035 153.352 -1.076
202306 4.926 154.519 5.081
202309 0.263 155.464 0.270
202312 0.767 157.148 0.778
202403 0.942 159.372 0.942

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


BCO Mercantil de Investimentos  (BSP:BMIN4) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


BCO Mercantil de Investimentos Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of BCO Mercantil de Investimentos's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


BCO Mercantil de Investimentos (BSP:BMIN4) Business Description

Traded in Other Exchanges
Address
Rua Rio de Janeiro 654, 6 Andar, Belo Horizonte, MG, BRA, 30160912
BCO Mercantil de Investimentos SA provides capital financing for productive activities in short, medium and long term projects. It operates as a subsidiary of Banco Mercantil do Brasil S.A.

BCO Mercantil de Investimentos (BSP:BMIN4) Headlines

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