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BCO Estado de Sergipe - Banese (BSP:BGIP3) Cyclically Adjusted FCF per Share : R$12.20 (As of Dec. 2023)


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What is BCO Estado de Sergipe - Banese 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.

BCO Estado de Sergipe - Banese's adjusted free cash flow per share for the three months ended in Dec. 2023 was R$-6.602. 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$12.20 for the trailing ten years ended in Dec. 2023.

During the past 12 months, BCO Estado de Sergipe - Banese's average Cyclically Adjusted FCF Growth Rate was 35.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 16.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 5.30% 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 BCO Estado de Sergipe - Banese was 16.30% per year. The lowest was -17.90% per year. And the median was 7.80% per year.

As of today (2024-05-15), BCO Estado de Sergipe - Banese's current stock price is R$23.50. BCO Estado de Sergipe - Banese's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$12.20. BCO Estado de Sergipe - Banese's Cyclically Adjusted Price-to-FCF of today is 1.93.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BCO Estado de Sergipe - Banese was 8.09. The lowest was 1.98. And the median was 4.24.


BCO Estado de Sergipe - Banese Cyclically Adjusted FCF per Share Historical Data

The historical data trend for BCO Estado de Sergipe - Banese'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.

BCO Estado de Sergipe - Banese Cyclically Adjusted FCF per Share Chart

BCO Estado de Sergipe - Banese 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 7.16 7.76 4.90 8.98 12.20

BCO Estado de Sergipe - Banese 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 8.98 9.38 9.93 11.08 12.20

Competitive Comparison of BCO Estado de Sergipe - Banese's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, BCO Estado de Sergipe - Banese'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.


BCO Estado de Sergipe - Banese's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, BCO Estado de Sergipe - Banese's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where BCO Estado de Sergipe - Banese's Cyclically Adjusted Price-to-FCF falls into.



BCO Estado de Sergipe - Banese 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, BCO Estado de Sergipe - Banese'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)
=-6.602/156.2729*156.2729
=-6.602

Current CPI (Dec. 2023) = 156.2729.

BCO Estado de Sergipe - Banese Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 27.717 90.447 47.889
201406 -2.875 91.838 -4.892
201409 -11.169 92.602 -18.849
201412 2.011 94.194 3.336
201503 7.601 97.799 12.146
201506 14.277 100.006 22.310
201509 -17.741 101.392 -27.344
201512 -5.339 104.247 -8.004
201603 -1.848 106.979 -2.700
201606 -0.969 108.851 -1.391
201609 6.989 109.986 9.930
201612 14.998 110.802 21.153
201703 12.321 111.869 17.212
201706 -16.430 112.115 -22.901
201709 -1.993 112.777 -2.762
201712 -5.798 114.068 -7.943
201803 1.330 114.868 1.809
201806 19.414 117.038 25.922
201809 -9.228 117.881 -12.233
201812 9.129 118.340 12.055
201903 5.479 120.124 7.128
201906 -0.234 120.977 -0.302
201909 -2.457 121.292 -3.166
201912 -12.412 123.436 -15.714
202003 23.820 124.092 29.997
202006 7.826 123.557 9.898
202009 15.549 125.095 19.424
202012 -38.702 129.012 -46.880
202103 -22.875 131.660 -27.151
202106 -0.981 133.871 -1.145
202109 10.888 137.913 12.337
202112 -12.465 141.992 -13.719
202203 30.613 146.537 32.647
202206 4.784 149.784 4.991
202209 -0.650 147.800 -0.687
202212 -6.630 150.207 -6.898
202303 27.520 153.352 28.044
202306 17.619 154.519 17.819
202309 17.143 155.464 17.232
202312 -6.602 156.273 -6.602

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


BCO Estado de Sergipe - Banese  (BSP:BGIP3) 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.

BCO Estado de Sergipe - Banese's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=23.50/12.2
=1.93

* 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 BCO Estado de Sergipe - Banese was 8.09. The lowest was 1.98. And the median was 4.24.


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.


BCO Estado de Sergipe - Banese Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of BCO Estado de Sergipe - Banese's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


BCO Estado de Sergipe - Banese (BSP:BGIP3) Business Description

Traded in Other Exchanges
Address
Rua F - 31, Aracaju, SE, BRA, 49040240
BCO Estado de Sergipe SA - Banese offers a range of banking products and services to individuals and corporates in the areas of loans and deposits, investment banking, portfolio management, leasing, pension, as well as life and property insurance and Internet banking services.

BCO Estado de Sergipe - Banese (BSP:BGIP3) Headlines

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