Mutual Trust Bank (DHA:MTB) Cyclically Adjusted FCF per Share: BDT10.56 (As of Mar. 2026)

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DHA:MTB Mutual Trust Bank PLC DHA:MTB
88 GF Score
Price BDT13.80
GF Value BDT11.68
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Mutual Trust Bank Cyclically Adjusted FCF per Share?

Mutual Trust Bank DHA:MTB -0.72% 88 Cyclically Adjusted FCF per Share is BDT10.56 as of Mar. 2026. GuruFocus rates DHA:MTB with a GF Score™ of 88/100 and a GF Value™ of BDT11.68 (Modestly Overvalued). The stock has 6 warning signs investors should review.

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.

Mutual Trust Bank's adjusted free cash flow per share for the three months ended in Mar. 2026 was BDT7.280. 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 BDT10.56 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mutual Trust Bank's average Cyclically Adjusted FCF Growth Rate was 21.70% 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 (2026-07-17), Mutual Trust Bank's current stock price is BDT13.80. Mutual Trust Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was BDT10.56. Mutual Trust Bank's Cyclically Adjusted Price-to-FCF of today is 1.31.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mutual Trust Bank was 1.42. The lowest was 1.05. And the median was 1.13.


Mutual Trust Bank  (DHA:MTB) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=13.80/10.56
=1.31

* 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 Mutual Trust Bank was 1.42. The lowest was 1.05. And the median was 1.13.


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.


Mutual Trust Bank Cyclically Adjusted FCF per Share Related Terms


Mutual Trust Bank Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Mutual Trust 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.

Mutual Trust Bank Cyclically Adjusted FCF per Share Chart

Mutual Trust Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 9.93

Mutual Trust Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 8.68 8.77 9.68 9.93 10.56

Mutual Trust Bank Cyclically Adjusted FCF per Share Competitor Comparison

For the Banks - Regional subindustry, Mutual Trust 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.


Mutual Trust Bank Cyclically Adjusted Price-to-FCF vs Banks Industry

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

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


DHA:MTB
88GF Score
Mutual Trust Bank PLC DHA:MTB
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mutual Trust 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, Mutual Trust Bank's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=7.28/330.2130*330.2130
=7.280

Current CPI (Mar. 2026) = 330.2130.

Mutual Trust Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -3.646 241.018 -4.995
201609 1.952 241.428 2.670
201612 1.734 241.432 2.372
201703 -5.089 243.801 -6.893
201706 0.122 244.955 0.164
201709 -0.024 246.819 -0.032
201712 4.658 246.524 6.239
201803 -7.179 249.554 -9.499
201806 5.380 251.989 7.050
201809 0.034 252.439 0.044
201812 1.564 251.233 2.056
201903 -4.147 254.202 -5.387
201906 7.572 256.143 9.762
201909 3.681 256.759 4.734
201912 -1.232 256.974 -1.583
202003 -4.264 258.115 -5.455
202006 -0.828 257.797 -1.061
202009 4.430 260.280 5.620
202012 -0.779 260.474 -0.988
202103 -1.096 264.877 -1.366
202106 0.534 271.696 0.649
202109 1.574 274.310 1.895
202112 7.517 278.802 8.903
202203 1.731 287.504 1.988
202206 1.383 296.311 1.541
202209 -0.702 296.808 -0.781
202212 7.227 296.797 8.041
202303 10.795 301.836 11.810
202306 -0.165 305.109 -0.179
202309 7.353 307.789 7.889
202312 -5.706 306.746 -6.143
202403 11.478 312.332 12.135
202406 6.214 314.175 6.531
202409 15.803 315.301 16.550
202412 5.609 315.605 5.869
202503 -0.161 319.799 -0.166
202506 2.293 322.561 2.347
202509 10.455 324.800 10.629
202512 5.218 324.054 5.317
202603 7.280 330.213 7.280

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

What does a Cyclically Adjusted FCF per Share of BDT10.56 mean?
Mutual Trust Bank (DHA:MTB) has a Cyclically Adjusted FCF per Share of BDT10.56 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Mutual Trust Bank and its competitors.
Is Mutual Trust Bank's Cyclically Adjusted FCF per Share too high?
Mutual Trust Bank's current Cyclically Adjusted FCF per Share is BDT10.56. Overall, Mutual Trust Bank has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mutual Trust Bank's Cyclically Adjusted FCF per Share compare to competitors?
Mutual Trust Bank's Cyclically Adjusted FCF per Share of BDT10.56 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Banks company?
A good Cyclically Adjusted FCF per Share depends on the Banks industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Mutual Trust Bank and its competitors. Mutual Trust Bank's current Cyclically Adjusted FCF per Share is BDT10.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mutual Trust Bank stock overvalued right now?
Based on GuruFocus' analysis, Mutual Trust Bank (DHA:MTB) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT11.68, compared to a current price of BDT13.80 — trading 18.2% above its estimated fair value. The current Cyclically Adjusted FCF per Share is BDT10.56. Mutual Trust Bank's overall GF Score™ is 88/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Mutual Trust Bank (DHA:MTB), the current Cyclically Adjusted FCF per Share is BDT10.56 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mutual Trust Bank (DHA:MTB) Overvalued in 2026?

Based on GuruFocus' analysis, Mutual Trust Bank stock appears to be overvalued. The current stock price of BDT13.80 is trading 18.2% above its estimated GF Value™ of BDT11.68. GuruFocus considers Mutual Trust Bank to be Modestly Overvalued.

Key valuation signals for DHA:MTB:

  • Cyclically Adjusted FCF per Share: BDT10.56
  • GF Value™: BDT11.68 vs. price of BDT13.80 (18.2% above fair value)
  • GF Score™: 88/100 with 6 warning signs

No single metric tells the full story. See the DHA:MTB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mutual Trust Bank Business Description

Address 26 Gulshan Avenue, Gulshan 1, MTB Centre, Dhaka, BGD, 1212
Mutual Trust Bank PLC is a company that engages in the provision of various commercial banking and related services. Its products and services include savings and current accounts, and fixed deposits; personal, auto, home, home equity, and professional's loan products; overdraft facilities; credit cards; and locker services. The company's reportable segments include DBO (Domestic Banking Operation), OBU (Offshore Banking Unit), MTB Securities Limited, and MTB Capital Limited.
88GF Score

Get the complete analysis for DHA:MTB

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT13.80
Price
BDT11.68
GF Value