Bank Alfalah (KAR:BAFL) Cyclically Adjusted FCF per Share: ₨63.54 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KAR:BAFL Bank Alfalah Ltd KAR:BAFL
60 GF Score
Price ₨58.29
GF Value ₨44.93
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Bank Alfalah Cyclically Adjusted FCF per Share?

Bank Alfalah KAR:BAFL +0.67% 60 Cyclically Adjusted FCF per Share is ₨63.54 as of Jun. 2026. GuruFocus rates KAR:BAFL with a GF Score™ of 60/100 and a GF Value™ of ₨44.93 (Modestly Overvalued). The stock has 1 warning sign 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.

Bank Alfalah's adjusted free cash flow per share for the three months ended in Jun. 2026 was ₨266.927. 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 ₨63.54 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Bank Alfalah's average Cyclically Adjusted FCF Growth Rate was 29.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 21.00% 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 Bank Alfalah was 38.70% per year. The lowest was 21.00% per year. And the median was 29.85% per year.

As of today (2026-08-31), Bank Alfalah's current stock price is ₨58.29. Bank Alfalah's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ₨63.54. Bank Alfalah's Cyclically Adjusted Price-to-FCF of today is 0.92.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bank Alfalah was 1.70. The lowest was 0.36. And the median was 0.73.


Bank Alfalah  (KAR:BAFL) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=58.29/63.54
=0.92

* 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 Bank Alfalah was 1.70. The lowest was 0.36. And the median was 0.73.


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.


Bank Alfalah Cyclically Adjusted FCF per Share Related Terms


Bank Alfalah Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Bank Alfalah'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.

Bank Alfalah Cyclically Adjusted FCF per Share Chart

Bank Alfalah 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 19.35 31.96 54.99 51.61 56.58

Bank Alfalah Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 48.93 45.85 56.58 36.87 63.54

Bank Alfalah Cyclically Adjusted FCF per Share Competitor Comparison

For the Banks - Regional subindustry, Bank Alfalah'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.


Bank Alfalah Cyclically Adjusted Price-to-FCF vs Banks Industry

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

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


KAR:BAFL
60GF Score
Bank Alfalah Ltd KAR:BAFL
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=266.927/333.9520*333.9520
=266.927

Current CPI (Jun. 2026) = 333.9520.

Bank Alfalah Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -3.774 241.428 -5.220
201612 -0.859 241.432 -1.188
201703 -6.927 243.801 -9.488
201706 7.163 244.955 9.765
201709 5.984 246.819 8.096
201712 1.873 246.524 2.537
201803 -34.706 249.554 -46.443
201806 12.102 251.989 16.038
201809 -28.813 252.439 -38.117
201812 10.928 251.233 14.526
201903 -24.813 254.202 -32.598
201906 30.977 256.143 40.387
201909 10.262 256.759 13.347
201912 5.387 256.974 7.001
202003 0.645 258.115 0.835
202006 37.478 257.797 48.549
202009 15.641 260.280 20.068
202012 2.529 260.474 3.242
202103 -3.217 264.877 -4.056
202106 60.244 271.696 74.048
202109 -17.322 274.310 -21.088
202112 34.934 278.802 41.844
202203 32.206 287.504 37.409
202206 25.639 296.311 28.896
202209 51.883 296.808 58.376
202212 20.398 296.797 22.952
202303 26.847 301.836 29.704
202306 67.887 305.109 74.305
202309 44.978 307.789 48.801
202312 95.884 306.746 104.388
202403 -83.426 312.332 -89.201
202406 63.967 314.175 67.994
202409 -29.764 315.301 -31.525
202412 19.161 315.605 20.275
202503 -6.990 319.799 -7.299
202506 -19.412 322.561 -20.098
202509 -34.934 324.800 -35.918
202512 133.105 324.054 137.171
202603 -217.335 330.213 -219.796
202606 266.927 333.952 266.927

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 ₨63.54 mean?
Bank Alfalah (KAR:BAFL) has a Cyclically Adjusted FCF per Share of ₨63.54 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Bank Alfalah and its competitors.
Is Bank Alfalah's Cyclically Adjusted FCF per Share too high?
Bank Alfalah's current Cyclically Adjusted FCF per Share is ₨63.54. Overall, Bank Alfalah has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank Alfalah's Cyclically Adjusted FCF per Share compare to competitors?
Bank Alfalah's Cyclically Adjusted FCF per Share of ₨63.54 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 Bank Alfalah and its competitors. Bank Alfalah's current Cyclically Adjusted FCF per Share is ₨63.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank Alfalah stock overvalued right now?
Based on GuruFocus' analysis, Bank Alfalah (KAR:BAFL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨44.93, compared to a current price of ₨58.29 — trading 29.7% above its estimated fair value. The current Cyclically Adjusted FCF per Share is ₨63.54. Bank Alfalah's overall GF Score™ is 60/100 with 1 warning sign 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 Bank Alfalah (KAR:BAFL), the current Cyclically Adjusted FCF per Share is ₨63.54 as of Jun. 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 Bank Alfalah (KAR:BAFL) Overvalued in 2026?

Based on GuruFocus' analysis, Bank Alfalah stock appears to be overvalued. The current stock price of ₨58.29 is trading 29.7% above its estimated GF Value™ of ₨44.93. GuruFocus considers Bank Alfalah to be Modestly Overvalued.

Key valuation signals for KAR:BAFL:

  • Cyclically Adjusted FCF per Share: ₨63.54
  • GF Value™: ₨44.93 vs. price of ₨58.29 (29.7% above fair value)
  • GF Score™: 60/100 with 1 warning sign

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


Bank Alfalah Business Description

Address I. I. Chundrigar Road, B.A. Building, Karachi, PAK, 74000
Bank Alfalah Ltd is a banking company that provides financial services to retail, corporate and public sector customers. The Bank offers products and services including loans, deposits, project and trade financing, investment banking, wealth management, credit cards, auto loans, housing finance and personal loans, money market, capital market and foreign exchange operations. It also provides digital banking services through mobile app, internet banking, ATMs and contact center. The Bank operates through the segments Retail Banking, Corporate Banking, Islamic (Domestic Operations), Treasury, Digital Banking, Overseas and Others, and operates in three geographical regions namely Pakistan, Asia Pacific (including South Asia) and the Middle East.
60GF Score

Get the complete analysis for KAR:BAFL

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

₨58.29
Price
₨44.93
GF Value