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Dubai Islamic Bank PJSC (DFM:DIB) Cyclically Adjusted FCF per Share : د.إ1.02 (As of Mar. 2024)


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What is Dubai Islamic Bank PJSC 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.

Dubai Islamic Bank PJSC's adjusted free cash flow per share for the three months ended in Mar. 2024 was د.إ1.585. 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 د.إ1.02 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Dubai Islamic Bank PJSC's average Cyclically Adjusted FCF Growth Rate was 64.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.00% 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 Dubai Islamic Bank PJSC was 13.40% per year. The lowest was 3.70% per year. And the median was 5.70% per year.

As of today (2024-04-30), Dubai Islamic Bank PJSC's current stock price is د.إ5.56. Dubai Islamic Bank PJSC's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was د.إ1.02. Dubai Islamic Bank PJSC's Cyclically Adjusted Price-to-FCF of today is 5.45.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Dubai Islamic Bank PJSC was 13.08. The lowest was 5.06. And the median was 7.90.


Dubai Islamic Bank PJSC Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Dubai Islamic Bank PJSC'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.

Dubai Islamic Bank PJSC Cyclically Adjusted FCF per Share Chart

Dubai Islamic Bank PJSC 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 0.59 0.68 0.70 0.86 0.90

Dubai Islamic Bank PJSC 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 0.62 0.87 0.98 0.90 1.02

Competitive Comparison of Dubai Islamic Bank PJSC's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Dubai Islamic Bank PJSC'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.


Dubai Islamic Bank PJSC's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Dubai Islamic Bank PJSC's Cyclically Adjusted Price-to-FCF falls into.



Dubai Islamic Bank PJSC 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, Dubai Islamic Bank PJSC'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)
=1.585/129.4194*129.4194
=1.585

Current CPI (Mar. 2024) = 129.4194.

Dubai Islamic Bank PJSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.925 100.560 -1.190
201409 1.271 100.428 1.638
201412 -0.659 99.070 -0.861
201503 1.414 99.621 1.837
201506 -0.301 100.684 -0.387
201509 -1.027 100.392 -1.324
201512 0.553 99.792 0.717
201603 1.963 100.470 2.529
201606 -0.153 101.688 -0.195
201609 -0.447 101.861 -0.568
201612 -0.834 101.863 -1.060
201703 1.477 102.862 1.858
201706 -0.008 103.349 -0.010
201709 -0.052 104.136 -0.065
201712 0.070 104.011 0.087
201803 0.190 105.290 0.234
201806 -0.402 106.317 -0.489
201809 1.306 106.507 1.587
201812 -0.477 105.998 -0.582
201903 0.196 107.251 0.237
201906 -1.085 108.070 -1.299
201909 0.812 108.329 0.970
201912 0.307 108.420 0.366
202003 0.188 108.902 0.223
202006 -0.420 108.767 -0.500
202009 1.578 109.815 1.860
202012 -1.485 109.897 -1.749
202103 0.983 111.754 1.138
202106 0.052 114.631 0.059
202109 0.237 115.734 0.265
202112 -0.476 117.630 -0.524
202203 -0.043 121.301 -0.046
202206 -0.685 125.017 -0.709
202209 -0.608 125.227 -0.628
202212 2.320 125.222 2.398
202303 0.720 127.348 0.732
202306 1.107 128.729 1.113
202309 0.352 129.860 0.351
202312 0.580 129.419 0.580
202403 1.585 129.419 1.585

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


Dubai Islamic Bank PJSC  (DFM:DIB) 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.

Dubai Islamic Bank PJSC's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.56/1.02
=5.45

* 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 Dubai Islamic Bank PJSC was 13.08. The lowest was 5.06. And the median was 7.90.


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.


Dubai Islamic Bank PJSC Cyclically Adjusted FCF per Share Related Terms

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


Dubai Islamic Bank PJSC (DFM:DIB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Building 2, Al Maktoum Road, P.O. Box 1080, Opposite DNATA, Deira, Dubai, ARE
Dubai Islamic Bank PJSC is a full-service Islamic bank is engaged in corporate, retail, and investment banking activities. Contracts in the form of Murabahas and leases in the form of Ijarahs constitute a majority of the bank's financing and investment assets. Most of its financing and investment arrangements are made within the United Arab Emirates, a large portion of which are in consumer financing, real estate and contracting, consumer home finance, and services and manufacturing.

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