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Alliance Bank Malaysia Bhd (XKLS:2488) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Alliance Bank Malaysia Bhd Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alliance Bank Malaysia Bhd Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alliance Bank Malaysia Bhd'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.

Alliance Bank Malaysia Bhd Cyclically Adjusted Price-to-FCF Chart

Alliance Bank Malaysia Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 30.01 23.23 - 54.01

Alliance Bank Malaysia Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 22.50 54.01 105.51 - -

Competitive Comparison of Alliance Bank Malaysia Bhd's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Alliance Bank Malaysia Bhd'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.


Alliance Bank Malaysia Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Alliance Bank Malaysia Bhd's Cyclically Adjusted Price-to-FCF falls into.



Alliance Bank Malaysia Bhd 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.

Alliance Bank Malaysia Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Alliance Bank Malaysia Bhd's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.329/129.4194*129.4194
=0.329

Current CPI (Dec. 2023) = 129.4194.

Alliance Bank Malaysia Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.226 99.695 -0.293
201406 0.317 100.560 0.408
201409 0.045 100.428 0.058
201412 -0.502 99.070 -0.656
201503 0.343 99.621 0.446
201506 -0.858 100.684 -1.103
201509 0.010 100.392 0.013
201512 -0.300 99.792 -0.389
201603 0.460 100.470 0.593
201606 -0.230 101.688 -0.293
201609 -0.148 101.861 -0.188
201612 -0.556 101.863 -0.706
201703 -0.053 102.862 -0.067
201706 0.477 103.349 0.597
201709 -0.792 104.136 -0.984
201712 -1.140 104.011 -1.418
201803 0.256 105.290 0.315
201806 -0.447 106.317 -0.544
201809 0.225 106.507 0.273
201812 -0.182 105.998 -0.222
201903 0.433 107.251 0.523
201906 0.430 108.070 0.515
201909 -0.100 108.329 -0.119
201912 -0.063 108.420 -0.075
202003 1.741 108.902 2.069
202006 1.039 108.767 1.236
202009 -0.627 109.815 -0.739
202012 -0.902 109.897 -1.062
202103 1.044 111.754 1.209
202106 -0.516 114.631 -0.583
202109 -0.084 115.734 -0.094
202112 -0.284 117.630 -0.312
202203 0.155 121.301 0.165
202206 1.134 125.017 1.174
202209 -0.261 125.227 -0.270
202212 0.333 125.222 0.344
202303 -0.302 127.348 -0.307
202306 -0.096 128.729 -0.097
202309 0.231 129.860 0.230
202312 0.329 129.419 0.329

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.


Alliance Bank Malaysia Bhd  (XKLS:2488) 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.


Alliance Bank Malaysia Bhd Cyclically Adjusted Price-to-FCF Related Terms

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Alliance Bank Malaysia Bhd (XKLS:2488) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Jalan Munshi Abdullah, 3rd Floor, Menara Multi-Purpose, Capital Square, Kuala Lumpur, SGR, MYS, 50100
Alliance Bank Malaysia Bhd is a Malaysia-based company engaged in providing banking and financial services. Its segments consist of its consumer banking segment, which offers personal banking solutions, including mortgages, credit cards, and wealth management. The business banking segment consists of small and midsize enterprise and wholesale banking and offers products and services, such as cash management, trade finance, treasury, and structured solutions. The financial markets segment offers money market, hedging, foreign exchange, wealth management, and stockbroking and corporate advisory segment. The stockbroking and corporate advisory cover stockbroking activities and corporate advisory and other segments. It generates maximum revenue from the business banking segment.

Alliance Bank Malaysia Bhd (XKLS:2488) Headlines

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