Banco Da Amazonia (BSP:BAZA3) Cyclically Adjusted FCF per Share: R$68.83 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:BAZA3 Banco Da Amazonia SA BSP:BAZA3
56 GF Score
Price R$59.37
GF Value R$92.07
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Banco Da Amazonia Cyclically Adjusted FCF per Share?

Banco Da Amazonia BSP:BAZA3 +0.34% 56 Cyclically Adjusted FCF per Share is R$68.83 as of Mar. 2026. GuruFocus rates BSP:BAZA3 with a GF Score™ of 56/100 and a GF Value™ of R$92.07 (Possible Value Trap). The stock has 3 warning signs investors should review.

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.

Banco Da Amazonia's adjusted free cash flow per share for the three months ended in Mar. 2026 was R$-1.297. 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 R$68.83 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Banco Da Amazonia's average Cyclically Adjusted FCF Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 24.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 27.60% 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 Banco Da Amazonia was 48.60% per year. The lowest was 3.30% per year. And the median was 24.10% per year.

As of today (2026-07-20), Banco Da Amazonia's current stock price is R$59.37. Banco Da Amazonia's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was R$68.83. Banco Da Amazonia's Cyclically Adjusted Price-to-FCF of today is 0.86.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Banco Da Amazonia was 5.86. The lowest was 0.77. And the median was 1.43.


Banco Da Amazonia  (BSP:BAZA3) 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.

Banco Da Amazonia's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=59.37/68.83
=0.86

* 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 Banco Da Amazonia was 5.86. The lowest was 0.77. And the median was 1.43.


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.


Banco Da Amazonia Cyclically Adjusted FCF per Share Related Terms


Banco Da Amazonia Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Banco Da Amazonia'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.

Banco Da Amazonia Cyclically Adjusted FCF per Share Chart

Banco Da Amazonia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.96 36.00 42.89 65.52 68.86

Banco Da Amazonia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 65.47 69.08 69.98 68.86 68.83

Banco Da Amazonia Cyclically Adjusted FCF per Share Competitor Comparison

For the Banks - Regional subindustry, Banco Da Amazonia'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.


Banco Da Amazonia Cyclically Adjusted Price-to-FCF vs Banks Industry

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

* The bar in red indicates where Banco Da Amazonia's Cyclically Adjusted Price-to-FCF falls into.


BSP:BAZA3
56GF Score
Banco Da Amazonia SA BSP:BAZA3
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banco Da Amazonia 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, Banco Da Amazonia's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-1.297/175.0655*175.0655
=-1.297

Current CPI (Mar. 2026) = 175.0655.

Banco Da Amazonia Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 23.689 108.851 38.099
201609 27.068 109.986 43.084
201612 21.575 110.802 34.088
201703 32.628 111.869 51.060
201706 35.685 112.115 55.722
201709 28.272 112.777 43.887
201712 27.553 114.068 42.287
201803 30.813 114.868 46.961
201806 32.031 117.038 47.912
201809 11.950 117.881 17.747
201812 4.134 118.340 6.116
201903 13.549 120.124 19.746
201906 15.115 120.977 21.873
201909 11.799 121.292 17.030
201912 -17.904 123.436 -25.393
202003 26.245 124.092 37.026
202006 -11.883 123.557 -16.837
202009 -22.884 125.095 -32.025
202012 -13.106 129.012 -17.784
202103 7.472 131.660 9.935
202106 -6.535 133.871 -8.546
202109 -27.746 137.913 -35.221
202112 1.329 141.992 1.639
202203 80.727 146.537 96.443
202206 43.676 149.784 51.048
202209 -31.420 147.800 -37.216
202212 -6.643 150.207 -7.742
202303 49.547 153.352 56.562
202306 40.760 154.519 46.180
202309 -1.342 155.464 -1.511
202312 5.054 157.148 5.630
202403 32.420 159.372 35.612
202406 42.565 161.052 46.269
202409 -11.321 162.342 -12.208
202412 -3.697 164.740 -3.929
202503 23.414 168.102 24.384
202506 28.046 169.670 28.938
202509 -21.334 170.739 -21.875
202512 -15.089 171.765 -15.379
202603 -1.297 175.066 -1.297

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

What does a Cyclically Adjusted FCF per Share of R$68.83 mean?
Banco Da Amazonia (BSP:BAZA3) has a Cyclically Adjusted FCF per Share of R$68.83 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Banco Da Amazonia and its competitors.
Is Banco Da Amazonia's Cyclically Adjusted FCF per Share too high?
Banco Da Amazonia's current Cyclically Adjusted FCF per Share is R$68.83. Overall, Banco Da Amazonia has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Banco Da Amazonia's Cyclically Adjusted FCF per Share compare to competitors?
Banco Da Amazonia's Cyclically Adjusted FCF per Share of R$68.83 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Banks company?
A good Cyclically Adjusted FCF per Share depends on the Banks industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Banco Da Amazonia and its competitors. Banco Da Amazonia's current Cyclically Adjusted FCF per Share is R$68.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Da Amazonia stock overvalued right now?
Based on GuruFocus' analysis, Banco Da Amazonia (BSP:BAZA3) is currently considered Possible Value Trap. The stock's GF Value™ is R$92.07, compared to a current price of R$59.37 — trading 35.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is R$68.83. Banco Da Amazonia's overall GF Score™ is 56/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Banco Da Amazonia (BSP:BAZA3), the current Cyclically Adjusted FCF per Share is R$68.83 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Banco Da Amazonia (BSP:BAZA3) Overvalued in 2026?

Based on GuruFocus' analysis, Banco Da Amazonia stock appears to be undervalued. The current stock price of R$59.37 is trading 35.5% below its estimated GF Value™ of R$92.07. GuruFocus considers Banco Da Amazonia to be Possible Value Trap.

Key valuation signals for BSP:BAZA3:

  • Cyclically Adjusted FCF per Share: R$68.83
  • GF Value™: R$92.07 vs. price of R$59.37 (35.5% below fair value)
  • GF Score™: 56/100 with 3 warning signs

No single metric tells the full story. See the BSP:BAZA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banco Da Amazonia Business Description

Address Avenida Presidente Vargas 800 - 9th Floor, Belem, PR, BRA, 66017000
Banco Da Amazonia SA is the federal financial support institution that promotes the development of the Amazon Region. It finances major infrastructure projects, lends to rural and urban businesses, and offers credit cards and mutual fund investments.
56GF Score

Get the complete analysis for BSP:BAZA3

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$59.37
Price
R$92.07
GF Value