GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MF Banka AD (XBLB:IEFB-R-A) » Definitions » Cyclically Adjusted Price-to-FCF

MF Banka AD (XBLB:IEFB-R-A) Cyclically Adjusted Price-to-FCF : 6.14 (As of Jun. 19, 2024)


View and export this data going back to 2007. Start your Free Trial

What is MF Banka AD Cyclically Adjusted Price-to-FCF?

As of today (2024-06-19), MF Banka AD's current share price is BAM174.82. MF Banka AD's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was BAM28.49. MF Banka AD's Cyclically Adjusted Price-to-FCF for today is 6.14.

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

XBLB:IEFB-R-A' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.21   Med: 6.1   Max: 28.44
Current: 6.14

During the past 13 years, MF Banka AD's highest Cyclically Adjusted Price-to-FCF was 28.44. The lowest was 2.21. And the median was 6.10.

XBLB:IEFB-R-A's Cyclically Adjusted Price-to-FCF is not ranked
in the Banks industry.
Industry Median: 7.23 vs XBLB:IEFB-R-A: 6.14

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.

MF Banka AD's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was BAM-8.906. 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 BAM28.49 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


MF Banka AD Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MF Banka AD'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.

MF Banka AD Cyclically Adjusted Price-to-FCF Chart

MF Banka AD 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 7.06 6.09 4.84 2.21 6.54

MF Banka AD Semi-Annual Data
Dec12 Dec13 Dec14 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 4.84 - 2.21 - 6.54

Competitive Comparison of MF Banka AD's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, MF Banka AD'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.


MF Banka AD's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where MF Banka AD's Cyclically Adjusted Price-to-FCF falls into.



MF Banka AD 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.

MF Banka AD's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=174.82/28.49
=6.14

* 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.

MF Banka AD's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, MF Banka AD's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-8.906/129.4194*129.4194
=-8.906

Current CPI (Dec23) = 129.4194.

MF Banka AD Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 25.361 99.070 33.130
201512 27.252 99.792 35.343
201612 6.939 101.863 8.816
201712 -28.453 104.011 -35.404
201812 159.092 105.998 194.245
201912 25.867 108.420 30.877
202012 -13.476 109.897 -15.870
202112 24.806 117.630 27.292
202212 14.877 125.222 15.376
202312 -8.906 129.419 -8.906

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.


MF Banka AD  (XBLB:IEFB-R-A) 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.


MF Banka AD Cyclically Adjusted Price-to-FCF Related Terms

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


MF Banka AD (XBLB:IEFB-R-A) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Aleja Svetog Save Street No. 61, Banja Luka, BIH
MF Banka AD provides is a regional bank engaged in providing banking products and services. The bank is licensed to perform banking activities that include payment transfers, crediting and depositary operations in the country and abroad. It offers savings products, loans, domestic and foreign payment services, deposit and documentary operations services, cards, and electronic and mobile banking, SMS, and ATM services. Geographically it operates in the region of Bosnia and Herzegovina and serves individuals, businesses, and small and medium-sized enterprises.

MF Banka AD (XBLB:IEFB-R-A) Headlines

No Headlines