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Mizrahi Tefahot Bank (Mizrahi Tefahot Bank) Cyclically Adjusted FCF per Share : $4.15 (As of Jun. 2023)


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What is Mizrahi Tefahot 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.

Mizrahi Tefahot Bank's adjusted free cash flow per share for the three months ended in Jun. 2023 was $3.732. 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 $4.15 for the trailing ten years ended in Jun. 2023.

During the past 12 months, Mizrahi Tefahot Bank's average Cyclically Adjusted FCF Growth Rate was -100.00% 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 (2024-05-17), Mizrahi Tefahot Bank's current stock price is $34.68. Mizrahi Tefahot Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2023 was $4.15. Mizrahi Tefahot Bank's Cyclically Adjusted Price-to-FCF of today is 8.36.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mizrahi Tefahot Bank was 10.16. The lowest was 5.26. And the median was 7.71.


Mizrahi Tefahot Bank Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Mizrahi Tefahot 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.

Mizrahi Tefahot Bank Cyclically Adjusted FCF per Share Chart

Mizrahi Tefahot Bank 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 - 3.35 4.00 5.39 -

Mizrahi Tefahot Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 4.92 5.39 5.17 4.15 -

Competitive Comparison of Mizrahi Tefahot Bank's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Mizrahi Tefahot 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.


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

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

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



Mizrahi Tefahot 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, Mizrahi Tefahot Bank's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=3.732/128.7287*128.7287
=3.732

Current CPI (Jun. 2023) = 128.7287.

Mizrahi Tefahot Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 -2.263 98.790 -2.949
201312 4.153 98.326 5.437
201403 4.259 99.695 5.499
201406 -0.136 100.560 -0.174
201409 -0.601 100.428 -0.770
201412 1.277 99.070 1.659
201503 -2.921 99.621 -3.774
201506 0.280 100.684 0.358
201509 -5.599 100.392 -7.179
201512 9.239 99.792 11.918
201603 -0.285 100.470 -0.365
201606 0.387 101.688 0.490
201609 1.696 101.861 2.143
201612 1.131 101.863 1.429
201703 1.347 102.862 1.686
201706 -0.522 103.349 -0.650
201709 0.711 104.136 0.879
201712 0.853 104.011 1.056
201803 0.601 105.290 0.735
201806 0.630 106.317 0.763
201809 1.086 106.507 1.313
201812 0.800 105.998 0.972
201903 1.030 107.251 1.236
201906 0.689 108.070 0.821
201909 1.027 108.329 1.220
201912 0.203 108.420 0.241
202003 0.073 108.902 0.086
202006 1.864 108.767 2.206
202009 0.394 109.815 0.462
202012 2.872 109.897 3.364
202103 1.015 111.754 1.169
202106 1.348 114.631 1.514
202109 -1.828 115.734 -2.033
202112 3.364 117.630 3.681
202203 -0.293 121.301 -0.311
202206 3.647 125.017 3.755
202209 -1.629 125.227 -1.675
202212 1.153 125.222 1.185
202303 -3.081 127.348 -3.114
202306 3.732 128.729 3.732

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


Mizrahi Tefahot Bank  (OTCPK:MZTFF) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=34.68/4.15
=8.36

* 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 Mizrahi Tefahot Bank was 10.16. The lowest was 5.26. And the median was 7.71.


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.


Mizrahi Tefahot Bank Cyclically Adjusted FCF per Share Related Terms

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


Mizrahi Tefahot Bank (Mizrahi Tefahot Bank) Business Description

Traded in Other Exchanges
Address
7 Jabotinsky Street, P.O. Box 3450, Ramat Gan, ISR, 5252007
Mizrahi Tefahot Bank Ltd offers commercial and personal banking services. The company reports seven core segments: household, consisting of individuals with assets less than ILS 3 million in assets; private banking, consisting of individuals with financial assets greater than ILS 3 million; micro and small business; medium business; large business; institutional investor, servicing asset managers, fund managers, and insurance companies; and financial management, including trade operations, asset, and liability management, and miscellaneous investments. Approximately half of the company's total revenue comes from the household segment. The company operates through a branch network spanning Israel, Europe, and the Americas.

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