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SBM Holdings (XMAU:SBMH) Cyclically Adjusted FCF per Share : MUR13.29 (As of Sep. 2024)


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What is SBM Holdings 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.

SBM Holdings's adjusted free cash flow per share for the three months ended in Sep. 2024 was MUR0.318. 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 MUR13.29 for the trailing ten years ended in Sep. 2024.

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 (2025-01-19), SBM Holdings's current stock price is MUR6.12. SBM Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was MUR13.29. SBM Holdings's Cyclically Adjusted Price-to-FCF of today is 0.46.

During the past 10 years, the highest Cyclically Adjusted Price-to-FCF of SBM Holdings was 0.46. The lowest was 0.35. And the median was 0.39.


SBM Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SBM Holdings'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.

SBM Holdings Cyclically Adjusted FCF per Share Chart

SBM Holdings 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 - - - - 11.97

SBM Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 11.97 12.31 13.29 13.29

Competitive Comparison of SBM Holdings's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, SBM Holdings'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.


SBM Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



SBM Holdings 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, SBM Holdings's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.318/133.0289*133.0289
=0.318

Current CPI (Sep. 2024) = 133.0289.

SBM Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 1.106 99.070 1.485
201503 1.159 99.621 1.548
201506 87.453 100.684 115.548
201509 -2.878 100.392 -3.814
201512 3.263 99.792 4.350
201603 -0.794 100.470 -1.051
201606 0.159 101.688 0.208
201609 1.310 101.861 1.711
201612 -1.349 101.863 -1.762
201703 0.504 102.862 0.652
201706 2.257 103.349 2.905
201709 -0.887 104.136 -1.133
201712 -1.395 104.011 -1.784
201803 0.055 105.290 0.069
201806 -2.711 106.317 -3.392
201809 0.294 106.507 0.367
201812 1.760 105.998 2.209
201903 -2.599 107.251 -3.224
201906 -1.057 108.070 -1.301
201909 -1.054 108.329 -1.294
201912 5.662 108.420 6.947
202003 -2.005 108.902 -2.449
202006 -4.191 108.767 -5.126
202009 5.671 109.815 6.870
202012 1.598 109.897 1.934
202103 -0.156 111.754 -0.186
202106 5.821 114.631 6.755
202109 3.485 115.734 4.006
202112 3.659 117.630 4.138
202203 6.387 121.301 7.005
202206 -15.336 125.017 -16.319
202209 -4.132 125.227 -4.389
202212 4.458 125.222 4.736
202303 -6.662 127.348 -6.959
202306 -1.889 128.729 -1.952
202309 3.886 129.860 3.981
202312 3.643 129.419 3.745
202403 -0.850 131.776 -0.858
202406 8.402 132.554 8.432
202409 0.318 133.029 0.318

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


SBM Holdings  (XMAU:SBMH) 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.

SBM Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.12/13.29
=0.46

* 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 10 years, the highest Cyclically Adjusted Price-to-FCF of SBM Holdings was 0.46. The lowest was 0.35. And the median was 0.39.


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.


SBM Holdings Cyclically Adjusted FCF per Share Related Terms

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


SBM Holdings Business Description

Industry
Traded in Other Exchanges
N/A
Address
1, Queen Elizabeth II Avenue, SBM Tower, Port Louis, MUS
SBM Holdings Ltd is a company whose business activities functioned through Banking, Non-bank financial institutions, Non-financial institutions, and Other institutions segments. The Banking segment provides corporate and institutional banking, retail banking, private wealth, international banking, and financial market; whereas the Non-Banking segment provides asset management, brokerage, private equity, investment advisory, and registry; and the Non-Financial segment invests in non-financial companies. The Banking segment generates maximum revenue for the company.

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