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Banco del Bajio (MEX:BBAJIOO) Cyclically Adjusted FCF per Share : MXN2.34 (As of Mar. 2024)


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What is Banco del Bajio 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.

Banco del Bajio's adjusted free cash flow per share for the three months ended in Mar. 2024 was MXN-1.470. 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 MXN2.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Banco del Bajio's average Cyclically Adjusted FCF Growth Rate was -17.00% 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 (2024-06-25), Banco del Bajio's current stock price is MXN54.46. Banco del Bajio's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was MXN2.34. Banco del Bajio's Cyclically Adjusted Price-to-FCF of today is 23.27.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Banco del Bajio was 28.54. The lowest was 17.58. And the median was 24.52.


Banco del Bajio Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Banco del Bajio'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.

Banco del Bajio Cyclically Adjusted FCF per Share Chart

Banco del Bajio 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 - - - - 2.53

Banco del Bajio 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 2.82 2.90 2.07 2.53 2.34

Competitive Comparison of Banco del Bajio's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Banco del Bajio'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.


Banco del Bajio's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Banco del Bajio's Cyclically Adjusted Price-to-FCF falls into.



Banco del Bajio 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, Banco del Bajio'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)
=-1.47/152.9470*152.9470
=-1.470

Current CPI (Mar. 2024) = 152.9470.

Banco del Bajio Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 96.609 0.000
201409 0.000 97.652 0.000
201412 0.000 99.469 0.000
201503 1.055 99.973 1.614
201506 -1.021 99.382 -1.571
201509 -0.265 100.112 -0.405
201512 0.730 101.588 1.099
201603 0.269 102.573 0.401
201606 1.770 101.905 2.657
201609 -1.601 103.084 -2.375
201612 2.937 105.002 4.278
201703 -0.336 108.063 -0.476
201706 -2.166 108.339 -3.058
201709 0.383 109.628 0.534
201712 -0.328 112.114 -0.447
201803 2.956 113.505 3.983
201806 -2.100 113.373 -2.833
201809 -0.616 115.130 -0.818
201812 2.958 117.530 3.849
201903 2.804 118.050 3.633
201906 5.677 117.848 7.368
201909 -2.002 118.581 -2.582
201912 5.934 120.854 7.510
202003 -2.179 121.885 -2.734
202006 -6.600 121.777 -8.289
202009 4.552 123.341 5.645
202012 2.495 124.661 3.061
202103 -0.012 127.574 -0.014
202106 -0.399 128.936 -0.473
202109 -7.769 130.742 -9.089
202112 1.010 133.830 1.154
202203 -1.961 137.082 -2.188
202206 5.491 139.233 6.032
202209 1.419 142.116 1.527
202212 6.011 144.291 6.372
202303 0.902 146.472 0.942
202306 1.382 146.272 1.445
202309 -6.856 148.446 -7.064
202312 4.342 151.017 4.397
202403 -1.470 152.947 -1.470

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


Banco del Bajio  (MEX:BBAJIOO) 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.

Banco del Bajio's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=54.46/2.34
=23.27

* 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 Banco del Bajio was 28.54. The lowest was 17.58. And the median was 24.52.


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.


Banco del Bajio Cyclically Adjusted FCF per Share Related Terms

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


Banco del Bajio (MEX:BBAJIOO) Business Description

Industry
Traded in Other Exchanges
Address
Avenida Manuel J. Clouthier No. 402, Col. Jardines del Campestre, León, MEX, 37128
Banco del Bajio SA is a Mexico based company engaged in the provision of full-banking services. Its activities include receiving deposits, accepting loans, granting loans, operations with securities, trust agreements, and financial factoring and leasing operations. The business segments of the company are Banking and credit transactions, Rediscounted transactions, Treasury transactions and other segments. It derives a majority of the revenue from the Banking and credit transactions activities segment. The bank operates majorly in Mexico.

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