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Banco do Brasil BB Brasil (BSP:BBAS3) Cyclically Adjusted FCF per Share : R$6.07 (As of Dec. 2023)


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What is Banco do Brasil BB Brasil 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.

Banco do Brasil BB Brasil's adjusted free cash flow per share for the three months ended in Dec. 2023 was R$4.774. 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$6.07 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Banco do Brasil BB Brasil's average Cyclically Adjusted FCF Growth Rate was 9.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.90% 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 Banco do Brasil BB Brasil was 79.00% per year. The lowest was 2.90% per year. And the median was 40.95% per year.

As of today (2024-05-02), Banco do Brasil BB Brasil's current stock price is R$27.42. Banco do Brasil BB Brasil's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$6.07. Banco do Brasil BB Brasil's Cyclically Adjusted Price-to-FCF of today is 4.52.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Banco do Brasil BB Brasil was 158.65. The lowest was 2.52. And the median was 4.09.


Banco do Brasil BB Brasil Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Banco do Brasil BB Brasil'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.

Banco do Brasil BB Brasil Cyclically Adjusted FCF per Share Chart

Banco do Brasil BB Brasil 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 0.97 5.57 4.30 5.56 6.07

Banco do Brasil BB Brasil Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 5.56 6.06 6.54 6.05 6.07

Competitive Comparison of Banco do Brasil BB Brasil's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Banco do Brasil BB Brasil'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 do Brasil BB Brasil's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Banco do Brasil BB Brasil's Cyclically Adjusted Price-to-FCF falls into.



Banco do Brasil BB Brasil 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 do Brasil BB Brasil'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)
=4.774/156.2729*156.2729
=4.774

Current CPI (Dec. 2023) = 156.2729.

Banco do Brasil BB Brasil Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.787 90.447 -1.360
201406 1.240 91.838 2.110
201409 -4.271 92.602 -7.208
201412 -0.173 94.194 -0.287
201503 1.123 97.799 1.794
201506 -0.257 100.006 -0.402
201509 1.012 101.392 1.560
201512 4.644 104.247 6.962
201603 -1.544 106.979 -2.255
201606 -1.374 108.851 -1.973
201609 3.122 109.986 4.436
201612 3.167 110.802 4.467
201703 -5.720 111.869 -7.990
201706 -1.207 112.115 -1.682
201709 -0.982 112.777 -1.361
201712 0.001 114.068 0.001
201803 3.314 114.868 4.509
201806 1.668 117.038 2.227
201809 2.104 117.881 2.789
201812 -2.016 118.340 -2.662
201903 6.411 120.124 8.340
201906 1.784 120.977 2.304
201909 2.203 121.292 2.838
201912 -1.221 123.436 -1.546
202003 0.888 124.092 1.118
202006 9.199 123.557 11.635
202009 -0.427 125.095 -0.533
202012 26.366 129.012 31.937
202103 -17.647 131.660 -20.946
202106 1.764 133.871 2.059
202109 2.377 137.913 2.693
202112 4.553 141.992 5.011
202203 2.768 146.537 2.952
202206 6.225 149.784 6.495
202209 0.639 147.800 0.676
202212 0.548 150.207 0.570
202303 -2.384 153.352 -2.429
202306 1.358 154.519 1.373
202309 -2.274 155.464 -2.286
202312 4.774 156.273 4.774

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


Banco do Brasil BB Brasil  (BSP:BBAS3) 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 do Brasil BB Brasil's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=27.42/6.07
=4.52

* 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 do Brasil BB Brasil was 158.65. The lowest was 2.52. And the median was 4.09.


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 do Brasil BB Brasil Cyclically Adjusted FCF per Share Related Terms

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


Banco do Brasil BB Brasil (BSP:BBAS3) Business Description

Traded in Other Exchanges
Address
Setor de Autarquias Norte, Quadra 5, Lote B, Edificio Banco do Brasil, Brasilia, DF, BRA, 70040-912
Banco do Brasil SA BB Brasil is a Brazilian financial services company present in several countries. The business segments are Banking, Investments, Fund Management, Insurance, pension fund & capitalization, Payment methods, and Other segments. Banco do Brasil serves retail clients (small and midsize enterprises and individuals), wholesale clients (corporations), and public institutions. The bank has subsidiaries/ business units/offices in Argentina, Dubai, the United Kingdom, Spain, Mexico, the United States, France, China, and Japan, among other locations. The products and services portfolio includes accounts, Loans, cards, financing, and others.

Banco do Brasil BB Brasil (BSP:BBAS3) Headlines

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