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IPOPEMA Securities (WAR:IPE) Cyclically Adjusted FCF per Share : zł1.47 (As of Jun. 2024)


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What is IPOPEMA Securities 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.

IPOPEMA Securities's adjusted free cash flow per share for the three months ended in Jun. 2024 was zł-6.632. 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 zł1.47 for the trailing ten years ended in Jun. 2024.

During the past 12 months, IPOPEMA Securities's average Cyclically Adjusted FCF Growth Rate was -52.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.20% 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 IPOPEMA Securities was 23.40% per year. The lowest was -28.80% per year. And the median was 3.80% per year.

As of today (2024-09-22), IPOPEMA Securities's current stock price is zł3.11. IPOPEMA Securities's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was zł1.47. IPOPEMA Securities's Cyclically Adjusted Price-to-FCF of today is 2.12.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of IPOPEMA Securities was 23.50. The lowest was 0.58. And the median was 3.86.


IPOPEMA Securities Cyclically Adjusted FCF per Share Historical Data

The historical data trend for IPOPEMA Securities'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.

IPOPEMA Securities Cyclically Adjusted FCF per Share Chart

IPOPEMA Securities 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 0.36 0.93 0.47 0.13 1.04

IPOPEMA Securities Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3.08 1.08 1.04 1.98 1.47

Competitive Comparison of IPOPEMA Securities's Cyclically Adjusted FCF per Share

For the Capital Markets subindustry, IPOPEMA Securities'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.


IPOPEMA Securities's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, IPOPEMA Securities's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where IPOPEMA Securities's Cyclically Adjusted Price-to-FCF falls into.



IPOPEMA Securities 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, IPOPEMA Securities's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-6.632/150.9971*150.9971
=-6.632

Current CPI (Jun. 2024) = 150.9971.

IPOPEMA Securities Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.095 100.611 0.143
201412 0.408 100.122 0.615
201503 -0.082 100.041 -0.124
201506 1.258 100.448 1.891
201509 -0.818 99.634 -1.240
201512 2.996 99.471 4.548
201603 -3.297 98.983 -5.030
201606 -0.482 99.552 -0.731
201609 0.453 99.064 0.690
201612 0.091 100.366 0.137
201703 0.519 101.018 0.776
201706 0.502 101.180 0.749
201709 -0.485 101.343 -0.723
201712 -0.275 102.564 -0.405
201803 1.679 102.564 2.472
201806 -0.899 103.378 -1.313
201809 -0.782 103.378 -1.142
201812 -0.268 103.785 -0.390
201903 0.075 104.274 0.109
201906 0.529 105.983 0.754
201909 -0.136 105.983 -0.194
201912 0.484 107.123 0.682
202003 0.493 109.076 0.682
202006 0.167 109.402 0.230
202009 2.646 109.320 3.655
202012 4.891 109.565 6.741
202103 1.934 112.658 2.592
202106 -6.485 113.960 -8.593
202109 0.474 115.588 0.619
202112 -0.842 119.088 -1.068
202203 34.210 125.031 41.315
202206 -32.944 131.705 -37.770
202209 -1.101 135.531 -1.227
202212 1.281 139.113 1.390
202303 0.363 145.950 0.376
202306 19.861 147.009 20.400
202309 -19.072 146.113 -19.710
202312 -0.414 147.741 -0.423
202403 9.679 149.044 9.806
202406 -6.632 150.997 -6.632

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


IPOPEMA Securities  (WAR:IPE) 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.

IPOPEMA Securities's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3.11/1.47
=2.12

* 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 IPOPEMA Securities was 23.50. The lowest was 0.58. And the median was 3.86.


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.


IPOPEMA Securities Cyclically Adjusted FCF per Share Related Terms

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


IPOPEMA Securities Business Description

Traded in Other Exchanges
N/A
Address
ul. Prozna 9, Warsaw, POL, 00-107
IPOPEMA Securities SA is a company engaged in financial services. The business activity of the group functions through brokerage and related services, investment fund and portfolio management, and consultancy services of which it derives majority of revenue from brokerage and related services. Under brokerage and related services, it focuses on public offerings of securities where it acts as the coordinator, offering broker and financial adviser issue of debt instruments, as well as advisory mandates concerning the raising of financing on the private market, including from private equity funds and through pre-IPO placements. All activities function through the regions of Poland.

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