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Agribank Securities JSC (STC:AGR) Cyclically Adjusted Price-to-FCF : (As of Jun. 24, 2024)


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What is Agribank Securities JSC Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Agribank Securities JSC Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Agribank Securities JSC'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.

Agribank Securities JSC Cyclically Adjusted Price-to-FCF Chart

Agribank Securities JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 67.33 14.63 49.73

Agribank Securities JSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 24.81 105.24 - 49.73 -

Competitive Comparison of Agribank Securities JSC's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, Agribank Securities JSC'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.


Agribank Securities JSC's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Agribank Securities JSC's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Agribank Securities JSC's Cyclically Adjusted Price-to-FCF falls into.



Agribank Securities JSC 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.

Agribank Securities JSC's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Agribank Securities JSC'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)
=-4791.893/131.7762*131.7762
=-4,791.893

Current CPI (Mar. 2024) = 131.7762.

Agribank Securities JSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -40.670 100.560 -53.295
201409 -699.861 100.428 -918.322
201412 -1,286.168 99.070 -1,710.779
201503 270.606 99.621 357.951
201506 -387.338 100.684 -506.952
201509 180.115 100.392 236.423
201512 1,938.310 99.792 2,559.545
201603 692.082 100.470 907.729
201606 -1,991.485 101.688 -2,580.738
201609 625.111 101.861 808.698
201612 -566.445 101.863 -732.790
201703 -240.612 102.862 -308.247
201706 -661.293 103.349 -843.188
201709 751.169 104.136 950.551
201712 54.474 104.011 69.015
201803 -1,375.521 105.290 -1,721.548
201806 -396.880 106.317 -491.920
201809 208.333 106.507 257.762
201812 -587.479 105.998 -730.352
201903 -974.288 107.251 -1,197.085
201906 1,246.429 108.070 1,519.852
201909 632.650 108.329 769.581
201912 -343.602 108.420 -417.622
202003 -424.265 108.902 -513.382
202006 272,790.347 108.767 330,497.083
202009 -271,722.516 109.815 -326,062.862
202012 -63.356 109.897 -75.970
202103 -286.336 111.754 -337.636
202106 235.432 114.631 270.644
202109 -723.967 115.734 -824.316
202112 -548.622 117.630 -614.602
202203 -493.238 121.301 -535.833
202206 1,940.428 125.017 2,045.343
202209 -966.944 125.227 -1,017.518
202212 1,087.226 125.222 1,144.134
202303 -1,428.409 127.348 -1,478.081
202306 -638.652 128.729 -653.771
202309 397.963 129.860 403.837
202312 2,118.575 129.419 2,157.155
202403 -4,791.893 131.776 -4,791.893

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.


Agribank Securities JSC  (STC:AGR) 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.


Agribank Securities JSC Cyclically Adjusted Price-to-FCF Related Terms

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


Agribank Securities JSC (STC:AGR) Business Description

Traded in Other Exchanges
N/A
Address
5th Floor, ARTEX Building, 172 Ngoc Khanh, Ba Dinh District, Hanoi, VNM
Agribank Securities JSC operates as a securities services company in Vietnam. It business line include securities and stock brokerage, securities investment and corporate finance consultancy, and securities placement and registration services.