GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kasikornbank Public Co Ltd (BKK:KBANK) » Definitions » Cyclically Adjusted FCF per Share

Kasikornbank Public Co (BKK:KBANK) Cyclically Adjusted FCF per Share : ฿31.06 (As of Mar. 2024)


View and export this data going back to 1976. Start your Free Trial

What is Kasikornbank Public Co 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.

Kasikornbank Public Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿12.572. 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 ฿31.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kasikornbank Public Co's average Cyclically Adjusted FCF Growth Rate was -21.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.90% 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 Kasikornbank Public Co was 17.70% per year. The lowest was 1.90% per year. And the median was 13.60% per year.

As of today (2024-05-24), Kasikornbank Public Co's current stock price is ฿134.00. Kasikornbank Public Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿31.06. Kasikornbank Public Co's Cyclically Adjusted Price-to-FCF of today is 4.31.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Kasikornbank Public Co was 14.22. The lowest was 2.40. And the median was 4.51.


Kasikornbank Public Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Kasikornbank Public Co'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.

Kasikornbank Public Co Cyclically Adjusted FCF per Share Chart

Kasikornbank Public Co 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 24.69 28.30 37.48 36.23 29.91

Kasikornbank Public Co 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 39.52 34.04 33.09 29.91 31.06

Competitive Comparison of Kasikornbank Public Co's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Kasikornbank Public Co'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.


Kasikornbank Public Co's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Kasikornbank Public Co's Cyclically Adjusted Price-to-FCF falls into.



Kasikornbank Public Co 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, Kasikornbank Public Co'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)
=12.572/131.7762*131.7762
=12.572

Current CPI (Mar. 2024) = 131.7762.

Kasikornbank Public Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.054 100.560 -0.071
201409 -0.567 100.428 -0.744
201412 19.631 99.070 26.112
201503 -11.117 99.621 -14.705
201506 4.943 100.684 6.469
201509 -33.410 100.392 -43.855
201512 9.963 99.792 13.156
201603 -11.007 100.470 -14.437
201606 25.466 101.688 33.001
201609 27.579 101.861 35.679
201612 26.630 101.863 34.450
201703 7.182 102.862 9.201
201706 -23.447 103.349 -29.896
201709 -33.593 104.136 -42.510
201712 9.655 104.011 12.232
201803 2.876 105.290 3.599
201806 37.816 106.317 46.872
201809 15.632 106.507 19.341
201812 4.954 105.998 6.159
201903 10.089 107.251 12.396
201906 25.301 108.070 30.851
201909 0.577 108.329 0.702
201912 4.145 108.420 5.038
202003 22.183 108.902 26.843
202006 27.366 108.767 33.155
202009 -1.810 109.815 -2.172
202012 -16.022 109.897 -19.212
202103 35.710 111.754 42.108
202106 8.810 114.631 10.128
202109 22.094 115.734 25.156
202112 33.127 117.630 37.111
202203 -4.001 121.301 -4.347
202206 9.500 125.017 10.014
202209 0.851 125.227 0.896
202212 -10.345 125.222 -10.886
202303 -3.840 127.348 -3.974
202306 0.914 128.729 0.936
202309 1.780 129.860 1.806
202312 1.417 129.419 1.443
202403 12.572 131.776 12.572

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


Kasikornbank Public Co  (BKK:KBANK) 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.

Kasikornbank Public Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=134.00/31.06
=4.31

* 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 Kasikornbank Public Co was 14.22. The lowest was 2.40. And the median was 4.51.


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.


Kasikornbank Public Co Cyclically Adjusted FCF per Share Related Terms

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


Kasikornbank Public Co (BKK:KBANK) Business Description

Traded in Other Exchanges
Address
400/22 Phahon Yothin Road, Sam Sen Nai Sub-District, Phaya Thai District, Bangkok, THA, 10400
Kasikornbank Public Co Ltd is a commercial bank operating in Thailand. The corporate business' customers include public and private companies, government-backed enterprises or agencies, and financial institutions. The corporate business provides a variety of financial products and services such as loans, working capital, cash management, and value chain solutions. The retail business focuses on individual customers and offers loans and deposits, debit and credit cards, financial planning, and transactional banking services. The treasury and capital markets business includes funding, risk management, and foreign currency exchange services. The Muang Thai Group Holding business offers insurance and brokerage services.

Kasikornbank Public Co (BKK:KBANK) Headlines

No Headlines