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Hatton National Bank (COL:HNB.N0000) Cyclically Adjusted FCF per Share : රු145.65 (As of Mar. 2024)


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What is Hatton National Bank 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.

Hatton National Bank's adjusted free cash flow per share for the three months ended in Mar. 2024 was රු71.322. 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 රු145.65 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hatton National Bank's average Cyclically Adjusted FCF Growth Rate was 41.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 36.10% 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 Hatton National Bank was 52.40% per year. The lowest was 36.10% per year. And the median was 44.25% per year.

As of today (2024-06-16), Hatton National Bank's current stock price is රු201.75. Hatton National Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was රු145.65. Hatton National Bank's Cyclically Adjusted Price-to-FCF of today is 1.39.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hatton National Bank was 7.29. The lowest was 0.90. And the median was 1.79.


Hatton National Bank Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hatton National Bank'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.

Hatton National Bank Cyclically Adjusted FCF per Share Chart

Hatton National Bank 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 22.71 55.25 54.49 80.31 139.23

Hatton National Bank 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 103.23 132.77 124.94 139.23 145.65

Competitive Comparison of Hatton National Bank's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Hatton National Bank'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.


Hatton National Bank's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Hatton National Bank's Cyclically Adjusted Price-to-FCF falls into.



Hatton National Bank 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, Hatton National Bank'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)
=71.322/131.7762*131.7762
=71.322

Current CPI (Mar. 2024) = 131.7762.

Hatton National Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 31.079 100.560 40.727
201409 -13.262 100.428 -17.402
201412 -38.489 99.070 -51.196
201503 36.299 99.621 48.015
201506 33.384 100.684 43.693
201509 -17.861 100.392 -23.445
201512 4.430 99.792 5.850
201603 7.034 100.470 9.226
201606 43.136 101.688 55.899
201609 2.103 101.861 2.721
201612 -29.242 101.863 -37.829
201703 33.592 102.862 43.035
201706 30.078 103.349 38.351
201709 -2.789 104.136 -3.529
201712 -11.465 104.011 -14.526
201803 8.844 105.290 11.069
201806 -13.104 106.317 -16.242
201809 14.487 106.507 17.924
201812 37.994 105.998 47.234
201903 11.976 107.251 14.715
201906 39.404 108.070 48.048
201909 29.191 108.329 35.509
201912 12.236 108.420 14.872
202003 32.976 108.902 39.903
202006 49.370 108.767 59.814
202009 191.145 109.815 229.371
202012 12.685 109.897 15.210
202103 43.440 111.754 51.223
202106 4.030 114.631 4.633
202109 -102.296 115.734 -116.475
202112 -28.116 117.630 -31.497
202203 21.522 121.301 23.381
202206 25.529 125.017 26.909
202209 133.534 125.227 140.518
202212 64.872 125.222 68.268
202303 224.061 127.348 231.853
202306 249.799 128.729 255.713
202309 -71.181 129.860 -72.232
202312 143.213 129.419 145.821
202403 71.322 131.776 71.322

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


Hatton National Bank  (COL:HNB.N0000) 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.

Hatton National Bank's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=201.75/145.65
=1.39

* 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 Hatton National Bank was 7.29. The lowest was 0.90. And the median was 1.79.


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.


Hatton National Bank Cyclically Adjusted FCF per Share Related Terms

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


Hatton National Bank (COL:HNB.N0000) Business Description

Traded in Other Exchanges
Address
T B Jayah Mawatha (Darley Road), HNB Towers, No. 479, P.O. Box 837, Colombo, LKA, 10
Hatton National Bank PLC is a private sector commercial bank operating in Sri Lanka. The company's segment includes Corporate; Retail; SME; Micro; Treasury; Real Estate; Insurance and NBFI. It generates maximum revenue from the Treasury segment.

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