GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco De Chile (XSGO:CHILE) » Definitions » Cyclically Adjusted FCF per Share

Banco De Chile (XSGO:CHILE) Cyclically Adjusted FCF per Share : CLP0.62 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Banco De Chile 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.

Banco De Chile's adjusted free cash flow per share for the three months ended in Mar. 2024 was CLP-1.057. 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 CLP0.62 for the trailing ten years ended in Mar. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Banco De Chile was 23.40% per year. The lowest was -34.50% per year. And the median was 1.00% per year.

As of today (2024-06-19), Banco De Chile's current stock price is CLP106.80. Banco De Chile's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was CLP0.62. Banco De Chile's Cyclically Adjusted Price-to-FCF of today is 172.26.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Banco De Chile was 1707.75. The lowest was 68.43. And the median was 582.35.


Banco De Chile Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Banco De Chile'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.

Banco De Chile Cyclically Adjusted FCF per Share Chart

Banco De Chile 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 -2.33 -4.78 -1.92 -1.61 0.17

Banco De Chile 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 -2.42 -3.07 -0.72 0.17 0.62

Competitive Comparison of Banco De Chile's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Banco De Chile'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.


Banco De Chile's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Banco De Chile's Cyclically Adjusted Price-to-FCF falls into.



Banco De Chile 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, Banco De Chile'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)
=-1.057/146.1089*146.1089
=-1.057

Current CPI (Mar. 2024) = 146.1089.

Banco De Chile Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.514 95.543 0.786
201409 1.238 96.883 1.867
201412 -0.704 97.515 -1.055
201503 -0.576 98.539 -0.854
201506 -6.337 99.770 -9.280
201509 -7.647 101.383 -11.021
201512 -1.950 101.775 -2.799
201603 2.276 102.930 3.231
201606 -0.452 103.965 -0.635
201609 -1.385 104.521 -1.936
201612 0.759 104.532 1.061
201703 1.125 105.752 1.554
201706 2.831 105.730 3.912
201709 1.518 106.035 2.092
201712 2.667 106.907 3.645
201803 0.976 107.670 1.324
201806 -2.191 108.421 -2.953
201809 -3.629 109.369 -4.848
201812 -8.865 109.653 -11.812
201903 9.982 110.339 13.218
201906 -7.052 111.352 -9.253
201909 0.328 111.821 0.429
201912 9.837 112.943 12.726
202003 2.257 114.468 2.881
202006 -6.826 114.283 -8.727
202009 2.526 115.275 3.202
202012 -22.906 116.299 -28.777
202103 -22.950 117.770 -28.473
202106 15.676 118.630 19.307
202109 10.782 121.431 12.973
202112 25.606 124.634 30.018
202203 -13.537 128.850 -15.350
202206 -1.287 133.448 -1.409
202209 0.213 138.101 0.225
202212 15.112 140.574 15.707
202303 -4.819 143.145 -4.919
202306 -0.302 143.538 -0.307
202309 20.847 145.172 20.982
202312 0.500 146.109 0.500
202403 -1.057 146.109 -1.057

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


Banco De Chile  (XSGO:CHILE) 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.

Banco De Chile's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=106.80/0.62
=172.26

* 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 Banco De Chile was 1707.75. The lowest was 68.43. And the median was 582.35.


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.


Banco De Chile Cyclically Adjusted FCF per Share Related Terms

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


Banco De Chile (XSGO:CHILE) Business Description

Industry
Traded in Other Exchanges
Address
Paseo Ahumada 251, Santiago, CHL
Operating under three separate brand names (Banco de Chile, Banco Edwards-Citi, and Banco CrediChile) Banco de Chile is the second largest in the country by loans and third largest by deposits. Banco de Chile generates most of its net interest income (roughly 60% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans, with 25% of its outstanding loans being made to firms with more than 10,000 million CLP in revenue. Outside of its banking business, Banco de Chile is the largest asset manager in the country and one of the largest security brokerages, supporting its substantial fee-based revenue.

Banco De Chile (XSGO:CHILE) Headlines

No Headlines