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CIMB Group Holdings Bhd (CIMB Group Holdings Bhd) Cyclically Adjusted FCF per Share : $0.28 (As of Mar. 2024)


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What is CIMB Group Holdings Bhd 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.

CIMB Group Holdings Bhd's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.154. 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 $0.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CIMB Group Holdings Bhd's average Cyclically Adjusted FCF Growth Rate was 14.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.00% 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 CIMB Group Holdings Bhd was 40.10% per year. The lowest was 10.00% per year. And the median was 25.05% per year.

As of today (2024-06-23), CIMB Group Holdings Bhd's current stock price is $1.30. CIMB Group Holdings Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.28. CIMB Group Holdings Bhd's Cyclically Adjusted Price-to-FCF of today is 4.64.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CIMB Group Holdings Bhd was 12.27. The lowest was 3.55. And the median was 4.61.


CIMB Group Holdings Bhd Cyclically Adjusted FCF per Share Historical Data

The historical data trend for CIMB Group Holdings Bhd'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.

CIMB Group Holdings Bhd Cyclically Adjusted FCF per Share Chart

CIMB Group Holdings Bhd 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 0.11 0.24 0.24 0.27 0.28

CIMB Group Holdings Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.30 0.33 0.30 0.28 0.28

Competitive Comparison of CIMB Group Holdings Bhd's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, CIMB Group Holdings Bhd'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.


CIMB Group Holdings Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where CIMB Group Holdings Bhd's Cyclically Adjusted Price-to-FCF falls into.



CIMB Group Holdings Bhd 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, CIMB Group Holdings Bhd's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.154/131.7762*131.7762
=0.154

Current CPI (Mar. 2024) = 131.7762.

CIMB Group Holdings Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.276 100.560 0.362
201409 -0.143 100.428 -0.188
201412 0.151 99.070 0.201
201503 0.311 99.621 0.411
201506 -0.117 100.684 -0.153
201509 -0.131 100.392 -0.172
201512 -0.058 99.792 -0.077
201603 0.255 100.470 0.334
201606 -0.144 101.688 -0.187
201609 0.211 101.861 0.273
201612 -0.261 101.863 -0.338
201703 0.200 102.862 0.256
201706 -0.075 103.349 -0.096
201709 0.172 104.136 0.218
201712 0.177 104.011 0.224
201803 0.205 105.290 0.257
201806 -0.127 106.317 -0.157
201809 0.041 106.507 0.051
201812 -0.061 105.998 -0.076
201903 0.041 107.251 0.050
201906 -0.091 108.070 -0.111
201909 -0.028 108.329 -0.034
201912 0.038 108.420 0.046
202003 0.224 108.902 0.271
202006 0.376 108.767 0.456
202009 0.331 109.815 0.397
202012 0.128 109.897 0.153
202103 0.124 111.754 0.146
202106 0.206 114.631 0.237
202109 0.100 115.734 0.114
202112 0.099 117.630 0.111
202203 -0.027 121.301 -0.029
202206 0.182 125.017 0.192
202209 -0.008 125.227 -0.008
202212 0.008 125.222 0.008
202303 0.145 127.348 0.150
202306 0.077 128.729 0.079
202309 0.004 129.860 0.004
202312 -0.055 129.419 -0.056
202403 0.154 131.776 0.154

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


CIMB Group Holdings Bhd  (OTCPK:CIMDF) 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.

CIMB Group Holdings Bhd's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.30/0.28
=4.64

* 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 CIMB Group Holdings Bhd was 12.27. The lowest was 3.55. And the median was 4.61.


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.


CIMB Group Holdings Bhd Cyclically Adjusted FCF per Share Related Terms

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


CIMB Group Holdings Bhd (CIMB Group Holdings Bhd) Business Description

Traded in Other Exchanges
Address
Jalan Stesen Sentral 2, Level 13, Menara CIMB, Kuala Lumpur Sentral, Kuala Lumpur, SGR, MYS, 50470
CIMB Group Holdings Bhd is a full-service bank based primarily in Malaysia and other Association of Southeast Asian Nations. The bank's segment includes Consumer Banking, Commercial Banking, Wholesale Banking, and CIMB Digital Assets and Group Funding. Most of the bank's income is derived from net interest income.

CIMB Group Holdings Bhd (CIMB Group Holdings Bhd) Headlines

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