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Piraeus Financial Holdings (Piraeus Financial Holdings) Cyclically Adjusted FCF per Share : $456.83 (As of Dec. 2023)


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What is Piraeus Financial Holdings Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Piraeus Financial Holdings's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-2.488. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $456.83 for the trailing ten years ended in Dec. 2023.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-04-29), Piraeus Financial Holdings's current stock price is $4.215. Piraeus Financial Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $456.83. Piraeus Financial Holdings's Cyclically Adjusted Price-to-FCF of today is 0.01.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Piraeus Financial Holdings was 0.01. The lowest was 0.01. And the median was 0.01.


Piraeus Financial Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Piraeus Financial Holdings's Cyclically Adjusted FCF per Share 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.

Piraeus Financial Holdings Cyclically Adjusted FCF per Share Chart

Piraeus Financial Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49,629.10 -192,280.00 -157,356.00 -66,218.00 456.83

Piraeus Financial Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 -66,218.00 -41,399.80 -935.11 -335.51 456.83

Competitive Comparison of Piraeus Financial Holdings's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Piraeus Financial 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.


Piraeus Financial Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Piraeus Financial Holdings Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Piraeus Financial Holdings'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)
=-2.488/116.4647*116.4647
=-2.488

Current CPI (Dec. 2023) = 116.4647.

Piraeus Financial Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -4,717.266 102.748 -5,347.035
201406 -3,464.228 103.060 -3,914.794
201409 -2,214.524 102.624 -2,513.183
201412 13,512.027 100.254 15,696.825
201503 43.432 100.549 50.307
201506 109.788 100.838 126.802
201509 -154.537 100.856 -178.453
201512 -25.600 100.087 -29.789
201603 2.907 99.041 3.418
201606 10.686 100.121 12.430
201609 -11.853 99.878 -13.821
201612 4.111 100.110 4.783
201703 11.701 100.770 13.523
201706 5.358 101.138 6.170
201709 1.233 100.882 1.423
201712 35.402 100.762 40.919
201803 -10.335 100.534 -11.973
201806 -115.864 102.121 -132.139
201809 21.647 101.982 24.721
201812 27.740 101.330 31.883
201903 -39.499 101.482 -45.330
201906 11.175 101.837 12.780
201909 -13.384 101.906 -15.296
201912 23.764 102.120 27.102
202003 -25.931 101.479 -29.760
202006 65.236 100.239 75.796
202009 55.221 99.886 64.387
202012 71.201 99.751 83.131
202103 54.266 99.817 63.316
202106 -1.236 101.270 -1.421
202109 0.986 102.095 1.125
202112 1.245 104.853 1.383
202203 1.308 108.651 1.402
202206 0.341 113.517 0.350
202209 -0.637 114.371 -0.649
202212 -6.910 112.428 -7.158
202303 0.252 113.620 0.258
202306 1.103 115.515 1.112
202309 1.613 116.234 1.616
202312 -2.488 116.465 -2.488

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Piraeus Financial Holdings  (OTCPK:BPIRY) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Piraeus Financial Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.215/456.83
=0.01

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Piraeus Financial Holdings was 0.01. The lowest was 0.01. And the median was 0.01.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Piraeus Financial Holdings Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Piraeus Financial Holdings's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Piraeus Financial Holdings (Piraeus Financial Holdings) Business Description

Traded in Other Exchanges
Address
4 Amerikis Street, Athens, GRC, 105 64
Piraeus Financial Holdings SA is a universal banking group primarily operating in Greece, but with a presence in southeastern Europe and the eastern Mediterranean. Its banking unit specializes in small to midsize enterprise banking, agricultural banking, consumer and mortgage credit, green banking, investment banking, as well as leasing and factoring. The bank has an extensive distribution network, both traditional and alternative, most notably its e-banking platform Winbank. A majority of the bank's net revenue is net interest income, overwhelmingly derived from loans and advances to customers.

Piraeus Financial Holdings (Piraeus Financial Holdings) Headlines

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