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Bancontander (Brasil) (BSP:SANB4) Cyclically Adjusted FCF per Share : R$5.60 (As of Dec. 2023)


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What is Bancontander (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.

Bancontander (Brasil)'s adjusted free cash flow per share for the three months ended in Dec. 2023 was R$-1.794. 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$5.60 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bancontander (Brasil)'s average Cyclically Adjusted FCF Growth Rate was 5.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 31.30% 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 Bancontander (Brasil) was 55.20% per year. The lowest was 10.20% per year. And the median was 38.50% per year.

As of today (2024-04-30), Bancontander (Brasil)'s current stock price is R$14.91. Bancontander (Brasil)'s Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$5.60. Bancontander (Brasil)'s Cyclically Adjusted Price-to-FCF of today is 2.66.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bancontander (Brasil) was 21.32. The lowest was 2.14. And the median was 4.57.


Bancontander (Brasil) Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Bancontander (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.

Bancontander (Brasil) Cyclically Adjusted FCF per Share Chart

Bancontander (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 1.98 3.87 5.14 5.35 5.60

Bancontander (Brasil) Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 4.67 5.35 - 6.50 5.60

Competitive Comparison of Bancontander (Brasil)'s Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Bancontander (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.


Bancontander (Brasil)'s Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Bancontander (Brasil)'s Cyclically Adjusted Price-to-FCF falls into.



Bancontander (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, Bancontander (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)
=-1.794/156.2729*156.2729
=-1.794

Current CPI (Dec. 2023) = 156.2729.

Bancontander (Brasil) Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.937 88.522 1.654
201403 -3.758 90.447 -6.493
201406 -0.177 91.838 -0.301
201409 4.849 92.602 8.183
201412 -2.901 94.194 -4.813
201503 -1.376 97.799 -2.199
201506 2.381 100.006 3.721
201509 -0.019 101.392 -0.029
201512 -0.129 104.247 -0.193
201603 0.655 106.979 0.957
201606 0.105 108.851 0.151
201609 -0.800 109.986 -1.137
201612 1.398 110.802 1.972
201703 4.864 111.869 6.795
201706 4.037 112.115 5.627
201709 0.465 112.777 0.644
201712 3.281 114.068 4.495
201803 0.160 114.868 0.218
201806 2.841 117.038 3.793
201809 0.668 117.881 0.886
201812 -2.321 118.340 -3.065
201903 1.578 120.124 2.053
201906 0.909 120.977 1.174
201909 0.258 121.292 0.332
201912 2.893 123.436 3.663
202003 4.717 124.092 5.940
202006 4.794 123.557 6.063
202009 0.102 125.095 0.127
202012 0.930 129.012 1.127
202103 2.142 131.660 2.542
202106 -0.793 133.871 -0.926
202109 -1.513 137.913 -1.714
202112 0.718 141.992 0.790
202203 1.464 146.537 1.561
202206 -1.001 149.784 -1.044
202209 0.095 147.800 0.100
202212 -0.027 150.207 -0.028
202306 0.000 154.519 0.000
202309 7.972 155.464 8.014
202312 -1.794 156.273 -1.794

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


Bancontander (Brasil)  (BSP:SANB4) 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.

Bancontander (Brasil)'s Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=14.91/5.6
=2.66

* 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 Bancontander (Brasil) was 21.32. The lowest was 2.14. And the median was 4.57.


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.


Bancontander (Brasil) Cyclically Adjusted FCF per Share Related Terms

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


Bancontander (Brasil) (BSP:SANB4) Business Description

Address
Avenida Presidente Juscelino Kubitschek, 2041, Suite 281, Block A, Condominio WTORRE JK, Vila Nova Conceicao, Sao Paulo, SP, BRA, 04543-011
Banco Santander (Brasil) SA is part of Santander Group, a Spanish bank present also in Brazil, Mexico, Argentina, and Chile. The bank's operations are divided into two major divisions: Commercial Banking provides services and products to individuals and companies. The revenue from this segment is derived from the banking and financial products and services available to the account and non-account holders. global Wholesale Banking offers a wide range of national and international tailored financial services and structured solutions for global corporate customers, comprised mostly of local and multinational corporations. The bank has operations in Brazil and internationally.

Bancontander (Brasil) (BSP:SANB4) Headlines

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