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Commercial Bank Of Kuwait (KUW:CBK) Cyclically Adjusted FCF per Share : KWD-0.01 (As of Mar. 2024)


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What is Commercial Bank Of Kuwait 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.

Commercial Bank Of Kuwait's adjusted free cash flow per share for the three months ended in Mar. 2024 was KWD0.005. 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 KWD-0.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Commercial Bank Of Kuwait's average Cyclically Adjusted FCF Growth Rate was -200.00% 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.

As of today (2024-06-20), Commercial Bank Of Kuwait's current stock price is KWD0.51. Commercial Bank Of Kuwait's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was KWD-0.01. Commercial Bank Of Kuwait's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Commercial Bank Of Kuwait was 73.00. The lowest was 15.53. And the median was 50.30.


Commercial Bank Of Kuwait Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Commercial Bank Of Kuwait'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.

Commercial Bank Of Kuwait Cyclically Adjusted FCF per Share Chart

Commercial Bank Of Kuwait Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.01 0.01 -0.01

Commercial Bank Of Kuwait Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.01 0.01 - -0.01 -0.01

Competitive Comparison of Commercial Bank Of Kuwait's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Commercial Bank Of Kuwait'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.


Commercial Bank Of Kuwait's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Commercial Bank Of Kuwait 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, Commercial Bank Of Kuwait's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.005/131.7762*131.7762
=0.005

Current CPI (Mar. 2024) = 131.7762.

Commercial Bank Of Kuwait Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.075 100.560 -0.098
201409 0.015 100.428 0.020
201412 0.016 99.070 0.021
201503 0.141 99.621 0.187
201506 0.037 100.684 0.048
201509 -0.061 100.392 -0.080
201512 0.022 99.792 0.029
201603 -0.018 100.470 -0.024
201606 -0.111 101.688 -0.144
201609 0.049 101.861 0.063
201612 0.034 101.863 0.044
201703 0.069 102.862 0.088
201706 -0.095 103.349 -0.121
201709 0.026 104.136 0.033
201712 0.001 104.011 0.001
201803 0.083 105.290 0.104
201806 0.000 106.317 0.000
201809 0.015 106.507 0.019
201812 0.095 105.998 0.118
201903 -0.091 107.251 -0.112
201906 0.098 108.070 0.119
201909 -0.026 108.329 -0.032
201912 -0.046 108.420 -0.056
202003 -0.118 108.902 -0.143
202006 0.080 108.767 0.097
202009 -0.152 109.815 -0.182
202012 0.003 109.897 0.004
202103 -0.053 111.754 -0.062
202106 -0.034 114.631 -0.039
202109 -0.022 115.734 -0.025
202112 0.027 117.630 0.030
202203 0.063 121.301 0.068
202206 0.080 125.017 0.084
202209 -0.171 125.227 -0.180
202212 0.033 125.222 0.035
202303 0.059 127.348 0.061
202306 -0.044 128.729 -0.045
202309 0.001 129.860 0.001
202312 -0.071 129.419 -0.072
202403 0.005 131.776 0.005

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


Commercial Bank Of Kuwait  (KUW:CBK) 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 Commercial Bank Of Kuwait was 73.00. The lowest was 15.53. And the median was 50.30.


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.


Commercial Bank Of Kuwait Cyclically Adjusted FCF per Share Related Terms

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


Commercial Bank Of Kuwait (KUW:CBK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Mubarak Al Kabeer Street, P.O. Box 2861, Safat, Kuwait, KWT, 13029
Commercial Bank Of Kuwait is the financial institution in Kuwait. It operates corporate and retail banking franchise that provides innovative financial and investment solutions to its growing customer base. The company operates in two segments: Corporate and Retail banking, which provides a full range of lending, deposit, and related banking services to domestic and international corporate and individual customers; and Treasury and Investment banking segment comprises of money market, foreign exchange, treasury bonds, and brokerage services. Most of the bank's revenue is derived from traditional banking net interest income, with the remainder coming from fees and commissions.

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