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Meezan Bank (KAR:MEBL) Cyclically Adjusted FCF per Share : ₨139.67 (As of Mar. 2025)


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What is Meezan 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.

Meezan Bank's adjusted free cash flow per share for the three months ended in Mar. 2025 was ₨108.556. 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 ₨139.67 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Meezan Bank's average Cyclically Adjusted FCF Growth Rate was 31.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 44.90% 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 Meezan Bank was 44.90% per year. The lowest was 44.90% per year. And the median was 44.90% per year.

As of today (2025-05-24), Meezan Bank's current stock price is ₨287.93. Meezan Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was ₨139.67. Meezan Bank's Cyclically Adjusted Price-to-FCF of today is 2.06.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Meezan Bank was 4.49. The lowest was 1.05. And the median was 1.90.


Meezan Bank Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Meezan 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.

Meezan Bank Cyclically Adjusted FCF per Share Chart

Meezan Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 41.50 75.31 100.57 126.32

Meezan Bank Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 105.87 114.03 118.66 126.32 139.67

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

For the Banks - Regional subindustry, Meezan 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.


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

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

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


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Meezan 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, Meezan Bank's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=108.556/134.9266*134.9266
=108.556

Current CPI (Mar. 2025) = 134.9266.

Meezan Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 7.152 100.684 9.584
201509 -0.732 100.392 -0.984
201512 28.640 99.792 38.723
201603 25.919 100.470 34.808
201606 6.026 101.688 7.996
201609 1.480 101.861 1.960
201612 -37.370 101.863 -49.500
201703 -7.391 102.862 -9.695
201706 -4.811 103.349 -6.281
201709 1.552 104.136 2.011
201712 5.445 104.011 7.063
201803 -6.746 105.290 -8.645
201806 8.740 106.317 11.092
201809 -7.041 106.507 -8.920
201812 8.033 105.998 10.225
201903 55.590 107.251 69.935
201906 19.060 108.070 23.797
201909 -19.778 108.329 -24.634
201912 18.442 108.420 22.951
202003 -12.769 108.902 -15.821
202006 70.024 108.767 86.865
202009 28.069 109.815 34.488
202012 65.340 109.897 80.222
202103 20.350 111.754 24.570
202106 6.753 114.631 7.949
202109 -3.031 115.734 -3.534
202112 103.396 117.630 118.600
202203 157.709 121.301 175.424
202206 192.383 125.017 207.633
202209 -6.003 125.227 -6.468
202212 5.936 125.222 6.396
202303 33.174 127.348 35.148
202306 64.279 128.729 67.374
202309 103.628 129.860 107.672
202312 32.917 129.419 34.318
202403 23.755 131.776 24.323
202406 52.967 132.554 53.915
202409 38.708 133.029 39.260
202412 77.266 133.157 78.293
202503 108.556 134.927 108.556

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


Meezan Bank  (KAR:MEBL) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=287.93/139.67
=2.06

* 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 Meezan Bank was 4.49. The lowest was 1.05. And the median was 1.90.


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.


Meezan Bank Cyclically Adjusted FCF per Share Related Terms

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


Meezan Bank Business Description

Industry
Traded in Other Exchanges
N/A
Address
Meezan House C-25, Estate Avenue, SITE, Karachi, SD, PAK, 75730
Meezan Bank Ltd is an Islamic commercial bank registered in Pakistan. It is engaged in corporate, commercial, consumer, investment and retail banking activities. The group also provides credit facilities for import finance, export re-finance, long-term finance, documentary credit requirements and project financing needs of customers. In addition, it offers investment banking solutions, commercial banking as well as providing diverse financial solutions to small and medium enterprises. Its reportable segments are Corporate and Commercial Banking, Retail Banking, Trading and Sales, and Others. The Bank operates only in Pakistan.

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