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Bank Bradesco (BSP:BBDC3) Cyclically Adjusted Price-to-FCF : (As of May. 01, 2024)


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What is Bank Bradesco Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank Bradesco Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bank Bradesco's Cyclically Adjusted Price-to-FCF 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.

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Bank Bradesco Cyclically Adjusted Price-to-FCF Chart

Bank Bradesco Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Bank Bradesco Quarterly Data
Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Bank Bradesco's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Bank Bradesco'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.


Bank Bradesco's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Bank Bradesco Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Bank Bradesco's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Bank Bradesco's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-7.992/156.2729*156.2729
=-7.992

Current CPI (Dec. 2023) = 156.2729.

Bank Bradesco Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200412 0.814 55.658 2.286
200503 -0.135 56.654 -0.372
200506 -0.048 57.416 -0.131
200509 -0.230 57.859 -0.621
200512 0.874 58.824 2.322
200603 0.001 59.670 0.003
200606 -0.746 59.729 -1.952
200609 -0.837 59.998 -2.180
200612 0.025 60.672 0.064
200703 -0.502 61.434 -1.277
200706 -0.125 61.933 -0.315
200709 -1.963 62.486 -4.909
200712 4.243 63.377 10.462
200803 -0.570 64.339 -1.384
200806 -4.028 65.686 -9.583
200812 0.000 67.118 0.000
200912 0.000 70.012 0.000
201012 0.000 74.149 0.000
201112 0.000 78.971 0.000
201212 0.000 83.581 0.000
201312 0.000 88.522 0.000
201412 0.000 94.194 0.000
201512 0.000 104.247 0.000
201612 0.000 110.802 0.000
201712 0.000 114.068 0.000
201812 0.000 118.340 0.000
201912 0.000 123.436 0.000
202012 0.000 129.012 0.000
202103 -0.889 131.660 -1.055
202106 -2.301 133.871 -2.686
202109 0.336 137.913 0.381
202112 -6.960 141.992 -7.660
202203 2.496 146.537 2.662
202206 -0.045 149.784 -0.047
202209 3.703 147.800 3.915
202212 -3.275 150.207 -3.407
202303 1.732 153.352 1.765
202306 -1.858 154.519 -1.879
202309 6.883 155.464 6.919
202312 -7.992 156.273 -7.992

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


Bank Bradesco  (BSP:BBDC3) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Bank Bradesco Cyclically Adjusted Price-to-FCF Related Terms

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Bank Bradesco (BSP:BBDC3) Business Description

Industry
Address
Cidade de Deus S/N, Vila Yara, Osasco, SP, BRA, 06029?900
Banco Bradesco is Brazil's second-largest private bank, with about 15% of deposits, and the largest insurance provider in Brazil, with roughly 20%-25% market share. The bank is majority controlled by the Bradesco foundation—a private nonprofit institution focused on education. Banking provides roughly 70% of profits, while the insurance segment contributes the remaining 30%. The bank is also a major asset manager with high-single-digit market share. In 2016, Bradesco acquired the Brazilian operations of HSBC.

Bank Bradesco (BSP:BBDC3) Headlines

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