GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Pine SA (BSP:PINE3) » Definitions » Cyclically Adjusted FCF per Share

Banco Pine (BSP:PINE3) Cyclically Adjusted FCF per Share : R$-1.41 (As of Jun. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Banco Pine 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 Pine's adjusted free cash flow per share for the three months ended in Jun. 2024 was R$2.725. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is R$-1.41 for the trailing ten years ended in Jun. 2024.

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 Pine was -33.70% per year. The lowest was -33.70% per year. And the median was -33.70% per year.

As of today (2024-09-22), Banco Pine's current stock price is R$4.90. Banco Pine's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was R$-1.41. Banco Pine's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Banco Pine was 47.67. The lowest was 6.76. And the median was 23.25.


Banco Pine Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Banco Pine'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 Pine Cyclically Adjusted FCF per Share Chart

Banco Pine 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 0.20 0.53 0.41 0.20 -1.02

Banco Pine Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.26 -1.14 -1.02 -1.76 -1.41

Competitive Comparison of Banco Pine's Cyclically Adjusted FCF per Share

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

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

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



Banco Pine 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 Pine's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=2.725/161.0515*161.0515
=2.725

Current CPI (Jun. 2024) = 161.0515.

Banco Pine Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 2.367 92.602 4.117
201412 -7.647 94.194 -13.075
201503 -0.022 97.799 -0.036
201506 1.392 100.006 2.242
201509 -0.146 101.392 -0.232
201512 0.902 104.247 1.394
201603 0.969 106.979 1.459
201606 1.156 108.851 1.710
201609 0.264 109.986 0.387
201612 -1.510 110.802 -2.195
201703 -0.605 111.869 -0.871
201706 4.319 112.115 6.204
201709 -1.731 112.777 -2.472
201712 1.660 114.068 2.344
201803 -0.212 114.868 -0.297
201806 -1.712 117.038 -2.356
201809 0.001 117.881 0.001
201812 3.770 118.340 5.131
201903 -5.210 120.124 -6.985
201906 -2.516 120.977 -3.349
201909 0.300 121.292 0.398
201912 -2.371 123.436 -3.094
202003 0.392 124.092 0.509
202006 0.302 123.557 0.394
202009 -0.503 125.095 -0.648
202012 0.340 129.012 0.424
202103 0.142 131.660 0.174
202106 -0.947 133.871 -1.139
202109 0.664 137.913 0.775
202112 0.579 141.992 0.657
202203 -1.218 146.537 -1.339
202206 0.610 149.784 0.656
202209 -2.504 147.800 -2.729
202212 1.101 150.207 1.180
202303 -1.704 153.352 -1.790
202306 1.172 154.519 1.222
202309 -3.511 155.464 -3.637
202312 -1.046 157.148 -1.072
202403 -0.865 159.372 -0.874
202406 2.725 161.052 2.725

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


Banco Pine  (BSP:PINE3) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Banco Pine was 47.67. The lowest was 6.76. And the median was 23.25.


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 Pine Cyclically Adjusted FCF per Share Related Terms

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


Banco Pine Business Description

Industry
Traded in Other Exchanges
Address
Avenida Presidente Juscelino Kubitschek, n° 1.830 - 4th Floor, Itaim Bibi, Pinheiros, SP, BRA, 4543900
Banco Pine SA is a banking company. It operates commercial, credit and financing and foreign exchange portfolios. The company's operations are conducted in the context of a group of institutions which act jointly, and certain transactions involve the co-participation or intermediation of member companies of the Pine financial conglomerate. The benefits from the intercompany services and the costs for the operating and administrative structures are absorbed, either jointly or individually, by these companies as is practicable and reasonable in the circumstances.

Banco Pine Headlines

No Headlines