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KBC Ancora (STU:KB9) Cyclically Adjusted Price-to-FCF : 15.22 (As of Jun. 07, 2024)


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What is KBC Ancora Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), KBC Ancora's current share price is €42.30. KBC Ancora's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was €2.78. KBC Ancora's Cyclically Adjusted Price-to-FCF for today is 15.22.

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

STU:KB9' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.54   Med: 38.74   Max: 284.69
Current: 15.14

During the past 13 years, KBC Ancora's highest Cyclically Adjusted Price-to-FCF was 284.69. The lowest was 12.54. And the median was 38.74.

STU:KB9's Cyclically Adjusted Price-to-FCF is ranked better than
57.06% of 503 companies
in the Asset Management industry
Industry Median: 20.26 vs STU:KB9: 15.14

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.

KBC Ancora's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was €3.946. 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 €2.78 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


KBC Ancora Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for KBC Ancora'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.

KBC Ancora Cyclically Adjusted Price-to-FCF Chart

KBC Ancora 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 36.63 28.36 30.74 14.73 15.02

KBC Ancora 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 - 14.73 - 15.02 -

Competitive Comparison of KBC Ancora's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, KBC Ancora'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.


KBC Ancora's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, KBC Ancora's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



KBC Ancora 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.

KBC Ancora's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=42.30/2.78
=15.22

* 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.

KBC Ancora's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, KBC Ancora'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)
=3.946/125.9731*125.9731
=3.946

Current CPI (Jun23) = 125.9731.

KBC Ancora Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.351 99.482 -0.444
201506 1.708 100.107 2.149
201606 -0.268 102.267 -0.330
201706 2.510 103.902 3.043
201806 2.746 106.063 3.261
201906 3.240 107.896 3.783
202006 0.962 108.540 1.117
202106 0.406 110.305 0.464
202206 10.454 120.948 10.888
202306 3.946 125.973 3.946

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.


KBC Ancora  (STU:KB9) 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.


KBC Ancora Cyclically Adjusted Price-to-FCF Related Terms

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


KBC Ancora (STU:KB9) Business Description

Traded in Other Exchanges
Address
Muntstraat 1, Vlaams-Brabant, Leuven, BEL, 3000
KBC Ancora SA, formerly KBC Ancora CVA is a financial services holding company whose sole asset is a substantial participating interest in KBC Group. The operational activities of KBC Ancora are fairly limited. KBC Group engages in retail banking, insurance, and asset management services. The group derives the vast majority of its profits from its activities in Belgium. Other markets that notably drive profit include the Czech Republic, Slovakia, Hungary, Bulgaria, and Ireland. The company reports revenue in net interest income, insurance premiums, and fees and commissions, reflecting the group's diverse range of services.

KBC Ancora (STU:KB9) Headlines

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