Meezan Bank (KAR:MEBL) Cyclically Adjusted FCF per Share: ₨180.11 (As of Mar. 2026)

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KAR:MEBL Meezan Bank Ltd KAR:MEBL
72 GF Score
Price ₨542.37
GF Value ₨243.46
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Meezan Bank Cyclically Adjusted FCF per Share?

Meezan Bank KAR:MEBL +0.44% 72 Cyclically Adjusted FCF per Share is ₨180.11 as of Mar. 2026. GuruFocus rates KAR:MEBL with a GF Score™ of 72/100 and a GF Value™ of ₨243.46 (Significantly Overvalued). The stock has 7 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.

Meezan Bank's adjusted free cash flow per share for the three months ended in Mar. 2026 was ₨61.630. 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 ₨180.11 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Meezan Bank's average Cyclically Adjusted FCF Growth Rate was 29.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 32.30% 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 32.30% per year. And the median was 38.60% per year.

As of today (2026-07-22), Meezan Bank's current stock price is ₨542.37. Meezan Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ₨180.11. Meezan Bank's Cyclically Adjusted Price-to-FCF of today is 3.01.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Meezan Bank was 4.49. The lowest was 1.01. And the median was 2.05.


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
=542.37/180.11
=3.01

* 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 1.01. And the median was 2.05.


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


Meezan Bank Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

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.

Meezan Bank Cyclically Adjusted FCF per Share Chart

Meezan 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 41.50 75.31 100.57 126.32 174.23

Meezan 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 139.67 162.49 170.32 174.23 180.11

Meezan Bank Cyclically Adjusted FCF per Share Competitor Comparison

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 Cyclically Adjusted Price-to-FCF vs 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.


KAR:MEBL
72GF Score
Meezan Bank Ltd KAR:MEBL
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=61.63/330.2130*330.2130
=61.630

Current CPI (Mar. 2026) = 330.2130.

Meezan Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 6.026 241.018 8.256
201609 1.480 241.428 2.024
201612 -37.370 241.432 -51.112
201703 -7.391 243.801 -10.011
201706 -4.811 244.955 -6.485
201709 1.552 246.819 2.076
201712 5.445 246.524 7.293
201803 -6.746 249.554 -8.926
201806 8.740 251.989 11.453
201809 -7.041 252.439 -9.210
201812 8.033 251.233 10.558
201903 55.590 254.202 72.212
201906 19.060 256.143 24.572
201909 -19.778 256.759 -25.436
201912 18.442 256.974 23.698
202003 -12.769 258.115 -16.336
202006 70.024 257.797 89.694
202009 28.069 260.280 35.611
202012 65.340 260.474 82.834
202103 20.350 264.877 25.370
202106 6.753 271.696 8.207
202109 -3.031 274.310 -3.649
202112 103.396 278.802 122.462
202203 157.709 287.504 181.137
202206 192.383 296.311 214.394
202209 -6.003 296.808 -6.679
202212 5.936 296.797 6.604
202303 33.174 301.836 36.293
202306 64.279 305.109 69.568
202309 103.628 307.789 111.178
202312 32.917 306.746 35.435
202403 23.755 312.332 25.115
202406 52.743 314.175 55.435
202409 38.898 315.301 40.738
202412 77.282 315.605 80.859
202503 108.596 319.799 112.132
202506 225.804 322.561 231.161
202509 66.073 324.800 67.174
202512 82.255 324.054 83.818
202603 61.630 330.213 61.630

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 ₨180.11 mean?
Meezan Bank (KAR:MEBL) has a Cyclically Adjusted FCF per Share of ₨180.11 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 Meezan Bank and its competitors.
Is Meezan Bank's Cyclically Adjusted FCF per Share too high?
Meezan Bank's current Cyclically Adjusted FCF per Share is ₨180.11. Overall, Meezan Bank has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meezan Bank's Cyclically Adjusted FCF per Share compare to competitors?
Meezan Bank's Cyclically Adjusted FCF per Share of ₨180.11 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 Meezan Bank and its competitors. Meezan Bank's current Cyclically Adjusted FCF per Share is ₨180.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meezan Bank stock overvalued right now?
Based on GuruFocus' analysis, Meezan Bank (KAR:MEBL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨243.46, compared to a current price of ₨542.37 — trading 122.8% above its estimated fair value. The current Cyclically Adjusted FCF per Share is ₨180.11. Meezan Bank's overall GF Score™ is 72/100 with 7 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 Meezan Bank (KAR:MEBL), the current Cyclically Adjusted FCF per Share is ₨180.11 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 Meezan Bank (KAR:MEBL) Overvalued in 2026?

Based on GuruFocus' analysis, Meezan Bank stock appears to be overvalued. The current stock price of ₨542.37 is trading 122.8% above its estimated GF Value™ of ₨243.46. GuruFocus considers Meezan Bank to be Significantly Overvalued.

Key valuation signals for KAR:MEBL:

  • Cyclically Adjusted FCF per Share: ₨180.11
  • GF Value™: ₨243.46 vs. price of ₨542.37 (122.8% above fair value)
  • GF Score™: 72/100 with 7 warning signs

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


Meezan Bank Business Description

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. Geographically, the Bank operates only in Pakistan.
72GF Score

Get the complete analysis for KAR:MEBL

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

₨542.37
Price
₨243.46
GF Value