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BRAC Bank (DHA:BRACBANK) Cyclically Adjusted FCF per Share : BDT13.60 (As of Dec. 2023)


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What is BRAC 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.

BRAC Bank's adjusted free cash flow per share for the three months ended in Dec. 2023 was BDT12.003. 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 BDT13.60 for the trailing ten years ended in Dec. 2023.

During the past 12 months, BRAC Bank's average Cyclically Adjusted FCF Growth Rate was 29.60% 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.

As of today (2024-05-06), BRAC Bank's current stock price is BDT39.40. BRAC Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was BDT13.60. BRAC Bank's Cyclically Adjusted Price-to-FCF of today is 2.90.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BRAC Bank was 4.61. The lowest was 2.63. And the median was 3.41.


BRAC Bank Cyclically Adjusted FCF per Share Historical Data

The historical data trend for BRAC 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.

BRAC Bank Cyclically Adjusted FCF per Share Chart

BRAC 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 - - - 10.49 13.60

BRAC Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 10.49 10.51 12.37 12.76 13.60

Competitive Comparison of BRAC Bank's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, BRAC 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.


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

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

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



BRAC 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, BRAC Bank'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)
=12.003/129.4194*129.4194
=12.003

Current CPI (Dec. 2023) = 129.4194.

BRAC Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 12.212 99.695 15.853
201406 -5.190 100.560 -6.679
201409 -1.475 100.428 -1.901
201412 2.917 99.070 3.811
201503 0.816 99.621 1.060
201506 -0.035 100.684 -0.045
201509 -0.558 100.392 -0.719
201512 -2.840 99.792 -3.683
201603 -2.088 100.470 -2.690
201606 7.313 101.688 9.307
201609 0.924 101.861 1.174
201612 -0.861 101.863 -1.094
201703 3.327 102.862 4.186
201706 3.274 103.349 4.100
201709 -0.078 104.136 -0.097
201712 5.505 104.011 6.850
201803 3.431 105.290 4.217
201806 -0.820 106.317 -0.998
201809 -0.689 106.507 -0.837
201812 3.572 105.998 4.361
201903 3.449 107.251 4.162
201906 2.999 108.070 3.591
201909 2.689 108.329 3.213
201912 5.511 108.420 6.578
202003 -3.312 108.902 -3.936
202006 23.604 108.767 28.086
202009 -2.459 109.815 -2.898
202012 1.195 109.897 1.407
202103 -6.003 111.754 -6.952
202106 8.081 114.631 9.123
202109 -7.993 115.734 -8.938
202112 5.311 117.630 5.843
202203 6.190 121.301 6.604
202206 0.084 125.017 0.087
202209 -3.384 125.227 -3.497
202212 18.296 125.222 18.909
202303 1.224 127.348 1.244
202306 19.238 128.729 19.341
202309 5.900 129.860 5.880
202312 12.003 129.419 12.003

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


BRAC Bank  (DHA:BRACBANK) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=39.40/13.6
=2.90

* 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 BRAC Bank was 4.61. The lowest was 2.63. And the median was 3.41.


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.


BRAC Bank Cyclically Adjusted FCF per Share Related Terms

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


BRAC Bank (DHA:BRACBANK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Tejgaon-Gulshan Link Road, Anik Tower, 220/B, Tejgaon Industrial Area, Dhaka, BGD, 1208
BRAC Bank Ltd is a Bangladesh-based banking corporation which provides various banking and non-banking services. Its services include deposit schemes such as current deposits, saving deposits, term deposits and other deposits. The company also provides loans and advances, guarantees, term loans, business loan, home loan and other credit facilities. In addition, it offers brokerage services to local institutions, retail clients and non-resident Bangladeshis. The group operates its business thorough reportable segments namely Small and medium enterprises, Retail, Corporate and Treasury.

BRAC Bank (DHA:BRACBANK) Headlines

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