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Bank Bradesco (Bank Bradesco) Cyclically Adjusted FCF per Share : $-0.57 (As of Dec. 2023)


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What is Bank Bradesco 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.

Bank Bradesco's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-1.631. 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 $-0.57 for the trailing ten years ended in Dec. 2023.

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 (2024-04-28), Bank Bradesco's current stock price is $2.72. Bank Bradesco's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-0.57. Bank Bradesco's Cyclically Adjusted Price-to-FCF of today is .


Bank Bradesco Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Bank Bradesco'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.

Bank Bradesco Cyclically Adjusted FCF per Share Chart

Bank Bradesco 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 - - -0.34 -0.45 -0.57

Bank Bradesco Quarterly Data
Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 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 -0.45 -0.39 -0.65 -0.32 -0.57

Competitive Comparison of Bank Bradesco's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Bank Bradesco'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.


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

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

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



Bank Bradesco 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, Bank Bradesco'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)
=-1.631/156.2729*156.2729
=-1.631

Current CPI (Dec. 2023) = 156.2729.

Bank Bradesco Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200412 0.300 55.658 0.842
200503 -0.050 56.654 -0.138
200506 -0.020 57.416 -0.054
200509 -0.100 57.859 -0.270
200512 0.383 58.824 1.017
200603 0.001 59.670 0.003
200606 -0.332 59.729 -0.869
200609 -0.386 59.998 -1.005
200612 0.011 60.672 0.028
200703 -0.240 61.434 -0.611
200706 -0.065 61.933 -0.164
200709 -1.032 62.486 -2.581
200712 2.377 63.377 5.861
200803 -0.334 64.339 -0.811
200806 -2.490 65.686 -5.924
200812 0.000 67.118 0.000
200912 0.000 70.012 0.000
201012 0.000 74.149 0.000
201112 0.000 78.971 0.000
201212 0.000 83.581 0.000
201312 0.000 88.522 0.000
201412 0.000 94.194 0.000
201512 0.000 104.247 0.000
201612 0.000 110.802 0.000
201712 0.000 114.068 0.000
201812 0.000 118.340 0.000
201912 0.000 123.436 0.000
202012 0.000 129.012 0.000
202103 -0.158 131.660 -0.188
202106 -0.458 133.871 -0.535
202109 0.064 137.913 0.073
202112 -1.231 141.992 -1.355
202203 0.502 146.537 0.535
202206 -0.009 149.784 -0.009
202209 0.706 147.800 0.746
202212 -0.624 150.207 -0.649
202303 0.332 153.352 0.338
202306 -0.383 154.519 -0.387
202309 1.394 155.464 1.401
202312 -1.631 156.273 -1.631

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


Bank Bradesco  (NYSE:BBD) 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.


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.


Bank Bradesco Cyclically Adjusted FCF per Share Related Terms

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


Bank Bradesco (Bank Bradesco) Business Description

Industry
Address
Cidade de Deus S/N, Vila Yara, Osasco, SP, BRA, 06029?900
Banco Bradesco is Brazil's second-largest private bank, with about 15% of deposits, and the largest insurance provider in Brazil, with roughly 20%-25% market share. The bank is majority controlled by the Bradesco foundation—a private nonprofit institution focused on education. Banking provides roughly 70% of profits, while the insurance segment contributes the remaining 30%. The bank is also a major asset manager with high-single-digit market share. In 2016, Bradesco acquired the Brazilian operations of HSBC.

Bank Bradesco (Bank Bradesco) Headlines

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