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CB Bulgarian American Credit Bank AD (XBUL:BACB) Cyclically Adjusted FCF per Share : лв4.26 (As of Mar. 2024)


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What is CB Bulgarian American Credit Bank AD 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.

CB Bulgarian American Credit Bank AD's adjusted free cash flow per share for the three months ended in Mar. 2024 was лв2.234. 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 лв4.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CB Bulgarian American Credit Bank AD's average Cyclically Adjusted FCF Growth Rate was 15.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.70% 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 CB Bulgarian American Credit Bank AD was 13.70% per year. The lowest was 9.70% per year. And the median was 11.70% per year.

As of today (2024-06-25), CB Bulgarian American Credit Bank AD's current stock price is лв6.25. CB Bulgarian American Credit Bank AD's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was лв4.26. CB Bulgarian American Credit Bank AD's Cyclically Adjusted Price-to-FCF of today is 1.47.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CB Bulgarian American Credit Bank AD was 3.41. The lowest was 1.47. And the median was 2.16.


CB Bulgarian American Credit Bank AD Cyclically Adjusted FCF per Share Historical Data

The historical data trend for CB Bulgarian American Credit Bank AD'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.

CB Bulgarian American Credit Bank AD Cyclically Adjusted FCF per Share Chart

CB Bulgarian American Credit Bank AD 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 2.56 2.63 2.45 3.38 3.87

CB Bulgarian American Credit Bank AD 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 3.70 2.88 2.27 3.87 4.26

Competitive Comparison of CB Bulgarian American Credit Bank AD's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, CB Bulgarian American Credit Bank AD'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.


CB Bulgarian American Credit Bank AD's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CB Bulgarian American Credit Bank AD's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where CB Bulgarian American Credit Bank AD's Cyclically Adjusted Price-to-FCF falls into.



CB Bulgarian American Credit Bank AD 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, CB Bulgarian American Credit Bank AD'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)
=2.234/131.7762*131.7762
=2.234

Current CPI (Mar. 2024) = 131.7762.

CB Bulgarian American Credit Bank AD Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.198 100.560 -2.880
201409 -1.089 100.428 -1.429
201412 1.269 99.070 1.688
201503 1.918 99.621 2.537
201506 -1.046 100.684 -1.369
201509 0.734 100.392 0.963
201512 0.651 99.792 0.860
201603 0.373 100.470 0.489
201606 -1.055 101.688 -1.367
201609 -0.150 101.861 -0.194
201612 -1.770 101.863 -2.290
201703 1.881 102.862 2.410
201706 2.604 103.349 3.320
201709 0.446 104.136 0.564
201712 -1.761 104.011 -2.231
201803 0.205 105.290 0.257
201806 0.689 106.317 0.854
201809 -0.345 106.507 -0.427
201812 1.145 105.998 1.423
201903 1.597 107.251 1.962
201906 -1.236 108.070 -1.507
201909 2.221 108.329 2.702
201912 2.923 108.420 3.553
202003 -4.217 108.902 -5.103
202006 2.435 108.767 2.950
202009 0.122 109.815 0.146
202012 4.537 109.897 5.440
202103 2.967 111.754 3.499
202106 2.854 114.631 3.281
202109 1.031 115.734 1.174
202112 3.037 117.630 3.402
202203 12.180 121.301 13.232
202206 -5.115 125.017 -5.392
202209 4.540 125.227 4.777
202212 -0.274 125.222 -0.288
202303 2.063 127.348 2.135
202306 -7.510 128.729 -7.688
202309 -5.687 129.860 -5.771
202312 14.287 129.419 14.547
202403 2.234 131.776 2.234

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


CB Bulgarian American Credit Bank AD  (XBUL:BACB) 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.

CB Bulgarian American Credit Bank AD's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.25/4.26
=1.47

* 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 CB Bulgarian American Credit Bank AD was 3.41. The lowest was 1.47. And the median was 2.16.


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.


CB Bulgarian American Credit Bank AD Cyclically Adjusted FCF per Share Related Terms

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


CB Bulgarian American Credit Bank AD (XBUL:BACB) Business Description

Traded in Other Exchanges
N/A
Address
2 Slavyanska Street, Sofia, BGR, 1000
CB Bulgarian American Credit Bank AD is engaged in providing secured finance to small and medium-sized businesses in Bulgaria. The company offers a full range of banking products and services to individual and corporate clients. It also provides retail, mortgage, working capital, and investment loans, overdrafts, discount credits against claims, and letters of credit and limits for issuance of letters of credit, as well as engage in the taking over/guarantee of credit/bill of exchange liability of a juridical entity or a sole trader.

CB Bulgarian American Credit Bank AD (XBUL:BACB) Headlines

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