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Capitec Bank Holdings (JSE:CPI) Cyclically Adjusted Price-to-FCF : 18.15 (As of May. 14, 2024)


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What is Capitec Bank Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), Capitec Bank Holdings's current share price is R2289.44. Capitec Bank Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Feb24 was R126.13. Capitec Bank Holdings's Cyclically Adjusted Price-to-FCF for today is 18.15.

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

JSE:CPI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.72   Med: 22.2   Max: 47.08
Current: 18.19

During the past 13 years, Capitec Bank Holdings's highest Cyclically Adjusted Price-to-FCF was 47.08. The lowest was 11.72. And the median was 22.20.

JSE:CPI's Cyclically Adjusted Price-to-FCF is ranked worse than
87.17% of 834 companies
in the Banks industry
Industry Median: 7.63 vs JSE:CPI: 18.19

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.

Capitec Bank Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Feb24 was R113.584. 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 R126.13 for the trailing ten years ended in Feb24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capitec Bank Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Capitec Bank Holdings'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.

Capitec Bank Holdings Cyclically Adjusted Price-to-FCF Chart

Capitec Bank Holdings Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.53 14.04 18.90 14.89 16.00

Capitec Bank Holdings Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 18.90 - 14.89 - 16.00

Competitive Comparison of Capitec Bank Holdings's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Capitec Bank 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.


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

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

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



Capitec Bank Holdings 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.

Capitec Bank Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2289.44/126.13
=18.15

* 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.

Capitec Bank Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Feb24 is calculated as:

For example, Capitec Bank Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Feb24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb24 (Change)*Current CPI (Feb24)
=113.584/152.7175*152.7175
=113.584

Current CPI (Feb24) = 152.7175.

Capitec Bank Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201502 54.241 97.339 85.100
201602 60.272 104.097 88.424
201702 73.292 110.855 100.970
201802 95.712 115.106 126.987
201902 107.285 119.793 136.772
202002 129.544 125.243 157.962
202102 249.728 128.817 296.061
202202 113.584 136.109 127.444
202302 26.740 146.101 27.951
202402 113.584 152.718 113.584

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.


Capitec Bank Holdings  (JSE:CPI) 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.


Capitec Bank Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Capitec Bank Holdings (JSE:CPI) Business Description

Traded in Other Exchanges
Address
5 Neutron Road, Techno Park, Stellenbosch, WC, ZAF, 7600
Capitec Bank Holdings Ltd is a retail bank with more than 850 branches in South Africa. Its services focus on three customer needs: saving, which provides customers the ability to receive and store funds; credit, which satisfies customer needs to access and borrow funds; and transacting, which allows for payments and movement of funds. It operates in three segments: -Retail bank, Business bank, and the Insurance business. Net interest income accounts for more than two-thirds of total company revenue. The company also generates revenue from fees on loans and transactions. Roughly a third of the company's loans are mortgages, and another third are other secured loans. Credit facilities and unsecured credit loans make up most of the remaining loans outstanding.

Capitec Bank Holdings (JSE:CPI) Headlines