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Shinhan Financial Group Co (MEX:SHG N) Cyclically Adjusted FCF per Share : MXN103.27 (As of Mar. 2025)


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What is Shinhan Financial Group Co 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.

Shinhan Financial Group Co's adjusted free cash flow per share for the three months ended in Mar. 2025 was MXN179.626. 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 MXN103.27 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Shinhan Financial Group Co's average Cyclically Adjusted FCF Growth Rate was 104.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -1.60% 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 Shinhan Financial Group Co was 17.30% per year. The lowest was -18.80% per year. And the median was -6.20% per year.

As of today (2025-06-29), Shinhan Financial Group Co's current stock price is MXN800.00. Shinhan Financial Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was MXN103.27. Shinhan Financial Group Co's Cyclically Adjusted Price-to-FCF of today is 7.75.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Shinhan Financial Group Co was 30.16. The lowest was 5.89. And the median was 13.05.


Shinhan Financial Group Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Shinhan Financial Group Co'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.

Shinhan Financial Group Co Cyclically Adjusted FCF per Share Chart

Shinhan Financial Group Co 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 54.54 51.71 40.37 31.12 67.41

Shinhan Financial Group Co 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 30.97 23.16 57.40 67.41 103.27

Competitive Comparison of Shinhan Financial Group Co's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Shinhan Financial Group Co'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.


Shinhan Financial Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Shinhan Financial Group Co's Cyclically Adjusted Price-to-FCF falls into.


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Shinhan Financial Group Co 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, Shinhan Financial Group Co'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)
=179.626/122.5900*122.5900
=179.626

Current CPI (Mar. 2025) = 122.5900.

Shinhan Financial Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 40.476 100.051 49.594
201509 60.689 100.111 74.316
201512 66.613 100.220 81.481
201603 -2.370 100.561 -2.889
201606 47.679 100.791 57.991
201609 27.303 101.461 32.989
201612 50.225 101.561 60.624
201703 19.629 102.851 23.396
201706 -64.118 102.611 -76.602
201709 -6.301 103.491 -7.464
201712 87.308 102.991 103.923
201803 -3.656 104.101 -4.305
201806 -97.866 104.130 -115.215
201809 60.261 105.651 69.923
201812 -209.145 104.351 -245.701
201903 56.644 104.491 66.455
201906 62.760 104.881 73.357
201909 175.221 105.200 204.185
201912 -63.944 105.121 -74.570
202003 -15.175 105.354 -17.658
202006 15.576 105.112 18.166
202009 -54.036 106.198 -62.377
202012 -9.589 105.765 -11.114
202103 125.726 107.357 143.565
202106 -15.733 107.579 -17.928
202109 201.891 108.759 227.565
202112 -197.215 109.676 -220.436
202203 39.047 111.848 42.797
202206 19.942 114.072 21.431
202209 85.283 114.715 91.137
202212 32.991 115.179 35.114
202303 94.646 116.507 99.587
202306 190.705 117.182 199.506
202309 -160.556 118.964 -165.450
202312 -125.134 118.837 -129.086
202403 -34.588 120.123 -35.298
202406 -42.911 120.007 -43.834
202409 193.782 120.861 196.554
202412 8.930 121.135 9.037
202503 179.626 122.590 179.626

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


Shinhan Financial Group Co  (MEX:SHG N) 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.

Shinhan Financial Group Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=800.00/103.27
=7.75

* 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 Shinhan Financial Group Co was 30.16. The lowest was 5.89. And the median was 13.05.


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.


Shinhan Financial Group Co Cyclically Adjusted FCF per Share Related Terms

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


Shinhan Financial Group Co Business Description

Traded in Other Exchanges
Address
20, Sejong-daero 9-gil, Jung-gu, Seoul, KOR, 04513
Shinhan Financial is a Korean banking group. Along with its subsidiaries the company provides, comprehensive financial services which consist of commercial banking services, credit card services, securities services, insurance, credit services, and asset management services, including securities investment trust management, investment advisory, call transaction, domestic and foreign private equity fund business, and other services. The majority of the revenue is generated from its Banking business which includes retail, corporate, international, and other banking services the company offers.

Shinhan Financial Group Co Headlines

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