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Bendigo and Adelaide Bank (FRA:BDJ) Cyclically Adjusted Price-to-FCF : 5.04 (As of May. 22, 2024)


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What is Bendigo and Adelaide Bank Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Bendigo and Adelaide Bank's current share price is €6.60. Bendigo and Adelaide Bank's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was €1.31. Bendigo and Adelaide Bank's Cyclically Adjusted Price-to-FCF for today is 5.04.

The historical rank and industry rank for Bendigo and Adelaide Bank's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:BDJ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.89   Med: 10.86   Max: 24.37
Current: 4.91

During the past 13 years, Bendigo and Adelaide Bank's highest Cyclically Adjusted Price-to-FCF was 24.37. The lowest was 3.89. And the median was 10.86.

FRA:BDJ's Cyclically Adjusted Price-to-FCF is ranked better than
69.5% of 836 companies
in the Banks industry
Industry Median: 7.425 vs FRA:BDJ: 4.91

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.

Bendigo and Adelaide Bank's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was €5.311. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €1.31 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bendigo and Adelaide Bank Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bendigo and Adelaide Bank'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.

* Premium members only.

Bendigo and Adelaide Bank Cyclically Adjusted Price-to-FCF Chart

Bendigo and Adelaide Bank Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.69 7.46 5.94 6.87 3.93

Bendigo and Adelaide Bank Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted Price-to-FCF 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 - 6.87 - 3.93 -

Competitive Comparison of Bendigo and Adelaide Bank's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Bendigo and Adelaide Bank'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.


Bendigo and Adelaide Bank's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Bendigo and Adelaide Bank 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.

Bendigo and Adelaide Bank's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.60/1.31
=5.04

* 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.

Bendigo and Adelaide Bank's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Bendigo and Adelaide Bank's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=5.311/124.1700*124.1700
=5.311

Current CPI (Jun23) = 124.1700.

Bendigo and Adelaide Bank Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.515 98.352 0.650
201506 2.749 99.838 3.419
201606 0.302 100.859 0.372
201706 -0.019 102.809 -0.023
201806 0.379 104.945 0.448
201906 0.202 106.617 0.235
202006 0.323 106.246 0.377
202106 5.904 110.332 6.644
202206 -3.341 117.112 -3.542
202306 5.311 124.170 5.311

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.


Bendigo and Adelaide Bank  (FRA:BDJ) 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.


Bendigo and Adelaide Bank Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Bendigo and Adelaide Bank's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Bendigo and Adelaide Bank (FRA:BDJ) Business Description

Address
22-44 Bath Lane, The Bendigo Centre, Bendigo, VIC, AUS, 3550
Founded in 1858 as the Bendigo Building Society as a leading regional bank operating in the consumer, small-business, and rural banking sectors, Bendigo gained public goodwill after rolling out branches in locations deserted by major banks in the late 1990s and early 2000s. The Adelaide Bank merger in 2007 diversified the bank into wholesale banking, while expanding the geographical footprint. It is a conservatively managed retail bank with a long history, a well-regarded retail franchise, and high levels of customer and shareholder loyalty.