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KBC Groupe NV (KBC Groupe NV) Cyclically Adjusted Price-to-FCF : 3.48 (As of May. 01, 2024)


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What is KBC Groupe NV Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), KBC Groupe NV's current share price is $37.13. KBC Groupe NV's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $10.67. KBC Groupe NV's Cyclically Adjusted Price-to-FCF for today is 3.48.

The historical rank and industry rank for KBC Groupe NV's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

KBCSY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.45   Med: 2.8   Max: 4.41
Current: 3.57

During the past years, KBC Groupe NV's highest Cyclically Adjusted Price-to-FCF was 4.41. The lowest was 1.45. And the median was 2.80.

KBCSY's Cyclically Adjusted Price-to-FCF is ranked better than
76.7% of 837 companies
in the Banks industry
Industry Median: 7.39 vs KBCSY: 3.57

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.

KBC Groupe NV's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-17.976. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $10.67 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


KBC Groupe NV Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for KBC Groupe NV'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.

* Premium members only.

KBC Groupe NV Cyclically Adjusted Price-to-FCF Chart

KBC Groupe NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.36 2.88 3.06 2.12 3.04

KBC Groupe NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 2.12 3.00 2.44 2.70 3.04

Competitive Comparison of KBC Groupe NV's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, KBC Groupe NV'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.


KBC Groupe NV's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where KBC Groupe NV's Cyclically Adjusted Price-to-FCF falls into.



KBC Groupe NV 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.

KBC Groupe NV's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=37.13/10.67
=3.48

* 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.

KBC Groupe NV's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, KBC Groupe NV'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)
=-17.976/128.2922*128.2922
=-17.976

Current CPI (Dec. 2023) = 128.2922.

KBC Groupe NV Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 9.027 99.819 11.602
201406 1.401 99.482 1.807
201409 5.207 99.195 6.734
201412 -8.335 99.086 -10.792
201503 6.526 99.423 8.421
201506 7.905 100.107 10.131
201509 1.642 100.245 2.101
201512 -2.210 100.572 -2.819
201603 5.583 101.653 7.046
201606 0.516 102.267 0.647
201609 6.334 102.118 7.957
201612 10.860 102.614 13.578
201703 11.720 103.972 14.461
201706 5.663 103.902 6.992
201709 1.964 104.170 2.419
201712 -2.829 104.804 -3.463
201803 16.703 105.419 20.327
201806 -11.492 106.063 -13.901
201809 4.766 106.618 5.735
201812 -19.631 107.252 -23.482
201903 7.523 107.876 8.947
201906 -13.902 107.896 -16.530
201909 -0.858 107.470 -1.024
201912 4.109 108.065 4.878
202003 0.066 108.550 0.078
202006 22.570 108.540 26.677
202009 7.810 108.441 9.240
202012 2.522 108.511 2.982
202103 37.469 109.522 43.891
202106 25.604 110.305 29.779
202109 -20.908 111.543 -24.047
202112 -21.283 114.705 -23.804
202203 33.807 118.620 36.564
202206 3.914 120.948 4.152
202209 -20.327 124.120 -21.010
202212 -1.760 126.578 -1.784
202303 -17.150 126.528 -17.389
202306 21.736 125.973 22.136
202309 -13.958 127.083 -14.091
202312 -17.976 128.292 -17.976

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.


KBC Groupe NV  (OTCPK:KBCSY) 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.


KBC Groupe NV Cyclically Adjusted Price-to-FCF Related Terms

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KBC Groupe NV (KBC Groupe NV) Business Description

Industry
Address
Havenlaan 2, Brussels, BEL, B-1080
KBC was formed in 1998 by the merger of Belgian commercial bank Kredietbank, cooperative farmers bank CERA Bank, and cooperative insurer ABB Verzekering. KBC offers banking, insurance, and investment products. Belgium and the Czech Republic account for the bulk of KBC's profits, while the bank has smaller operations in Hungary, Slovakia, and Bulgaria.

KBC Groupe NV (KBC Groupe NV) Headlines

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