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Raiffeisen Bank International AG (XTER:RAW) Cyclically Adjusted FCF per Share : €23.58 (As of Mar. 2024)


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What is Raiffeisen Bank International AG 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.

Raiffeisen Bank International AG's adjusted free cash flow per share for the three months ended in Mar. 2024 was €4.598. 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 €23.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Raiffeisen Bank International AG's average Cyclically Adjusted FCF Growth Rate was 5.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 30.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 57.50% 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 Raiffeisen Bank International AG was 75.00% per year. The lowest was 30.40% per year. And the median was 58.50% per year.

As of today (2024-06-04), Raiffeisen Bank International AG's current stock price is €16.81. Raiffeisen Bank International AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €23.58. Raiffeisen Bank International AG's Cyclically Adjusted Price-to-FCF of today is 0.71.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Raiffeisen Bank International AG was 37.90. The lowest was 0.57. And the median was 1.77.


Raiffeisen Bank International AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Raiffeisen Bank International AG'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.

Raiffeisen Bank International AG Cyclically Adjusted FCF per Share Chart

Raiffeisen Bank International AG 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 5.27 9.42 10.93 21.09 20.80

Raiffeisen Bank International AG 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 22.60 22.23 21.62 20.80 23.58

Competitive Comparison of Raiffeisen Bank International AG's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Raiffeisen Bank International AG'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.


Raiffeisen Bank International AG's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Raiffeisen Bank International AG's Cyclically Adjusted Price-to-FCF falls into.



Raiffeisen Bank International AG 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, Raiffeisen Bank International AG'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)
=4.598/133.7589*133.7589
=4.598

Current CPI (Mar. 2024) = 133.7589.

Raiffeisen Bank International AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 13.802 99.496 18.555
201409 4.398 99.586 5.907
201412 20.381 99.676 27.350
201503 -7.623 99.992 -10.197
201506 10.393 100.492 13.834
201509 5.338 100.292 7.119
201512 9.044 100.692 12.014
201603 -17.534 100.692 -23.292
201606 5.173 101.092 6.845
201609 2.930 101.192 3.873
201612 5.497 102.092 7.202
201703 0.646 102.592 0.842
201706 2.055 102.991 2.669
201709 -8.367 103.591 -10.804
201712 -11.407 104.291 -14.630
201803 9.185 104.491 11.758
201806 7.626 105.091 9.706
201809 -0.767 105.691 -0.971
201812 6.008 106.291 7.561
201903 7.046 106.391 8.858
201906 0.407 106.791 0.510
201909 -6.942 106.991 -8.679
201912 11.529 108.091 14.267
202003 12.878 108.024 15.946
202006 18.033 107.915 22.352
202009 11.511 108.348 14.211
202012 0.779 109.321 0.953
202103 20.660 110.186 25.080
202106 4.602 110.943 5.548
202109 5.559 111.916 6.644
202112 -8.526 113.971 -10.006
202203 7.772 117.647 8.836
202206 39.949 120.567 44.320
202209 12.347 123.811 13.339
202212 2.243 125.541 2.390
202303 -1.152 128.460 -1.200
202306 -2.387 130.191 -2.452
202309 -0.491 131.272 -0.500
202312 -3.768 132.570 -3.802
202403 4.598 133.759 4.598

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


Raiffeisen Bank International AG  (XTER:RAW) 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.

Raiffeisen Bank International AG's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=16.81/23.58
=0.71

* 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 Raiffeisen Bank International AG was 37.90. The lowest was 0.57. And the median was 1.77.


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.


Raiffeisen Bank International AG Cyclically Adjusted FCF per Share Related Terms

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


Raiffeisen Bank International AG (XTER:RAW) Business Description

Address
Am Stadtpark 9, Vienna, AUT, 1030
Raiffeisen Bank International AG part of Raiffeisen Banking Group is the largest banking group in Austria in terms of total assets. RBG makes up one-fourth of the Austrian banking sector. Raiffeisen Bank regards Austria and Central and Western Europe as its home markets, and The company operates in three main geographical segments: Central Europe (the Czech Republic, Hungary, Poland, Slovakia, and Slovenia), Southeastern Europe (Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Kosovo, Romania, and Serbia), and Eastern Europe (Belarus, Russia, and Ukraine).
Executives
Mag. Peter Anzeletti-reikl Supervisory Board

Raiffeisen Bank International AG (XTER:RAW) Headlines

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