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Bright Smart Securitiesmmodities Group (FRA:0BX) Cyclically Adjusted FCF per Share : €0.00 (As of Mar. 2024)


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What is Bright Smart Securitiesmmodities Group 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.

Bright Smart Securitiesmmodities Group's adjusted free cash flow per share data for the fiscal year that ended in Mar. 2024 was €0.097. 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 €0.00 for the trailing ten years ended in Mar. 2024.

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 Bright Smart Securitiesmmodities Group was 24.40% per year. The lowest was 2.00% per year. And the median was 14.40% per year.

As of today (2024-12-11), Bright Smart Securitiesmmodities Group's current stock price is € 0.26. Bright Smart Securitiesmmodities Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar. 2024 was €0.00. Bright Smart Securitiesmmodities Group's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bright Smart Securitiesmmodities Group was 68.25. The lowest was 37.50. And the median was 44.75.


Bright Smart Securitiesmmodities Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Bright Smart Securitiesmmodities Group'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.

Bright Smart Securitiesmmodities Group Cyclically Adjusted FCF per Share Chart

Bright Smart Securitiesmmodities Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.08 -0.05 -0.02 -

Bright Smart Securitiesmmodities Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - -0.02 - - -

Competitive Comparison of Bright Smart Securitiesmmodities Group's Cyclically Adjusted FCF per Share

For the Capital Markets subindustry, Bright Smart Securitiesmmodities Group'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.


Bright Smart Securitiesmmodities Group's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bright Smart Securitiesmmodities Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Bright Smart Securitiesmmodities Group's Cyclically Adjusted Price-to-FCF falls into.



Bright Smart Securitiesmmodities Group 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, Bright Smart Securitiesmmodities Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.097/117.7354*117.7354
=0.097

Current CPI (Mar. 2024) = 117.7354.

Bright Smart Securitiesmmodities Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -0.960 99.927 -1.131
201603 0.798 102.785 0.914
201703 -0.180 103.335 -0.205
201803 -0.181 105.973 -0.201
201903 0.299 108.172 0.325
202003 0.154 110.920 0.163
202103 -0.494 111.579 -0.521
202203 0.458 113.558 0.475
202303 0.144 115.427 0.147
202403 0.097 117.735 0.097

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


Bright Smart Securitiesmmodities Group  (FRA:0BX) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bright Smart Securitiesmmodities Group was 68.25. The lowest was 37.50. And the median was 44.75.


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.


Bright Smart Securitiesmmodities Group Cyclically Adjusted FCF per Share Related Terms

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


Bright Smart Securitiesmmodities Group Business Description

Traded in Other Exchanges
Address
71 Des Voeux Road Central, 10th Floor and 23rd Floor, Wing On House, Central, Hong Kong, HKG
Bright Smart Securities & Commodities Group Ltd is a company that provides financial services, including securities broking, margin financing, commodities & futures broking, bullion trading and leveraged foreign exchange trading. The company operates via three segments. The Securities broking segment offers broking services in securities traded in Hong Kong and select overseas markets and provides margin financing services to its broking customers. The Commodities and futures broking segment offers broking services in commodities and futures contracts traded in Hong Kong and overseas markets. The Bullion trading segment provides trading services in bullion contracts traded overseas. The company generates majority of its revenue from the Securities broking segment.

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