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International Bancshares (International Bancshares) Cyclically Adjusted FCF per Share : $4.57 (As of Dec. 2023)


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What is International Bancshares 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.

International Bancshares's adjusted free cash flow per share for the three months ended in Dec. 2023 was $1.999. 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 $4.57 for the trailing ten years ended in Dec. 2023.

During the past 12 months, International Bancshares's average Cyclically Adjusted FCF Growth Rate was 13.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 9.90% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of International Bancshares was 14.70% per year. The lowest was 1.50% per year. And the median was 6.40% per year.

As of today (2024-04-28), International Bancshares's current stock price is $56.15. International Bancshares's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.57. International Bancshares's Cyclically Adjusted Price-to-FCF of today is 12.29.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of International Bancshares was 20.67. The lowest was 6.01. And the median was 13.54.


International Bancshares Cyclically Adjusted FCF per Share Historical Data

The historical data trend for International Bancshares'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.

International Bancshares Cyclically Adjusted FCF per Share Chart

International Bancshares 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 2.80 3.03 3.40 4.03 4.57

International Bancshares 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 4.03 4.23 4.35 4.45 4.57

Competitive Comparison of International Bancshares's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, International Bancshares'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.


International Bancshares's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



International Bancshares 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, International Bancshares'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)
=1.999/129.4194*129.4194
=1.999

Current CPI (Dec. 2023) = 129.4194.

International Bancshares Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.695 99.695 0.902
201406 0.099 100.560 0.127
201409 0.809 100.428 1.043
201412 0.525 99.070 0.686
201503 0.886 99.621 1.151
201506 0.441 100.684 0.567
201509 1.136 100.392 1.464
201512 0.295 99.792 0.383
201603 0.929 100.470 1.197
201606 0.516 101.688 0.657
201609 0.726 101.861 0.922
201612 0.303 101.863 0.385
201703 0.905 102.862 1.139
201706 0.539 103.349 0.675
201709 1.016 104.136 1.263
201712 0.273 104.011 0.340
201803 0.743 105.290 0.913
201806 0.632 106.317 0.769
201809 1.062 106.507 1.290
201812 0.693 105.998 0.846
201903 0.935 107.251 1.128
201906 0.751 108.070 0.899
201909 1.164 108.329 1.391
201912 1.446 108.420 1.726
202003 0.826 108.902 0.982
202006 1.231 108.767 1.465
202009 1.210 109.815 1.426
202012 1.416 109.897 1.668
202103 1.480 111.754 1.714
202106 1.068 114.631 1.206
202109 0.893 115.734 0.999
202112 0.990 117.630 1.089
202203 1.207 121.301 1.288
202206 1.303 125.017 1.349
202209 1.874 125.227 1.937
202212 1.493 125.222 1.543
202303 2.222 127.348 2.258
202306 1.281 128.729 1.288
202309 1.668 129.860 1.662
202312 1.999 129.419 1.999

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


International Bancshares  (NAS:IBOC) 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.

International Bancshares's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=56.15/4.57
=12.29

* 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 International Bancshares was 20.67. The lowest was 6.01. And the median was 13.54.


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.


International Bancshares Cyclically Adjusted FCF per Share Related Terms

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


International Bancshares (International Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
1200 San Bernardo Avenue, Laredo, TX, USA, 78042 - 1359
International Bancshares Corp is a financial holding company with bank subsidiaries that provide commercial and retail banking services, primarily in Texas and Oklahoma. The subsidiaries gather funds from various sources and invest these funds to earn a return. Fund gathering primarily takes the form of accepting demand and time deposits. The bank subsidiaries have historically focused on providing commercial banking services to small and medium-size businesses. The subsidiaries have increasingly transitioned to also providing consumer and retail banking, including mortgage lending. The company's strategy emphasizes customer service and expense control. The company generates net revenue primarily through net interest income.
Executives
Sanchez Antonio R Jr director, 10 percent owner 1360 POST OAK BLVD, SUITE 2400, HOUSTON TX 77056
Diana G Zuniga director 1200 SAN BERNARDO, 1200 SAN BERNARDO AVE, LAREDO TX 78040
Dalia F Martinez officer: VICE PRESIDENT 1200 SAN BERNARDO, 1200 SAN BERNARDO AVE, LAREDO TX 78042
Rudolph Miles director 1200 SAN BERNARDO, LAREDO TX 78040
Anda Javier De director 1200 SAN BERNARDO, LAREDO TX 78040
Roberto R Resendez director 1200 SAN BERNARDO, LAREDO TX 78040
Judith I Wawroski officer: Treasurer/PAO 1200 SAN BERNARDO, LAREDO TX 78040
Julie L Tarvin officer: VICE PRESIDENT 1200 SAN BERNARDO, LAREDO TX 78040
R David Guerra director
Imelda Navarro director, officer: Executive Officer
Leonardo Salinas director PO BOX 1359, LAREDO TX 78040
Larry A Norton director 1200 SAN BERNARDO AVE., LAREDO TX 78040
Hastings Daniel B Jr director P O BOX 1359, LAREDO TX 78040
Dennis E Nixon director, officer: CEO P.O. BOX 1359, LAREDO TX 78040
Douglas B Howland director 1200 SAN BERNARDO AVE., LAREDO TX 78040

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