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Bancontander Chile (XSGO:BSANTANDER) Cyclically Adjusted FCF per Share : CLP1.80 (As of Dec. 2023)


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What is Bancontander Chile 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.

Bancontander Chile's adjusted free cash flow per share for the three months ended in Dec. 2023 was CLP5.465. 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 CLP1.80 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bancontander Chile's average Cyclically Adjusted FCF Growth Rate was 12.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.30% 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 Bancontander Chile was 121.60% per year. The lowest was -7.40% per year. And the median was 25.35% per year.

As of today (2024-04-28), Bancontander Chile's current stock price is CLP43.48. Bancontander Chile's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was CLP1.80. Bancontander Chile's Cyclically Adjusted Price-to-FCF of today is 24.16.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bancontander Chile was 4922.00. The lowest was 9.36. And the median was 34.82.


Bancontander Chile Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Bancontander Chile'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.

Bancontander Chile Cyclically Adjusted FCF per Share Chart

Bancontander Chile 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 1.95 1.24 0.69 1.60 1.80

Bancontander Chile 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 1.60 2.03 1.76 1.21 1.80

Competitive Comparison of Bancontander Chile's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Bancontander Chile'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.


Bancontander Chile's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Bancontander Chile 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, Bancontander Chile'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)
=5.465/146.1089*146.1089
=5.465

Current CPI (Dec. 2023) = 146.1089.

Bancontander Chile Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.310 94.584 -2.024
201406 -0.286 95.543 -0.437
201409 1.615 96.883 2.436
201412 1.021 97.515 1.530
201503 0.952 98.539 1.412
201506 0.913 99.770 1.337
201509 -1.547 101.383 -2.229
201512 2.839 101.775 4.076
201603 -3.389 102.930 -4.811
201606 6.415 103.965 9.015
201609 -4.065 104.521 -5.682
201612 4.470 104.532 6.248
201703 -2.240 105.752 -3.095
201706 -1.194 105.730 -1.650
201709 -0.282 106.035 -0.389
201712 1.022 106.907 1.397
201803 0.763 107.670 1.035
201806 0.929 108.421 1.252
201809 2.389 109.369 3.192
201812 0.825 109.653 1.099
201903 -3.048 110.339 -4.036
201906 3.906 111.352 5.125
201909 1.150 111.821 1.503
201912 7.369 112.943 9.533
202003 -1.854 114.468 -2.366
202006 -0.069 114.283 -0.088
202009 -2.388 115.275 -3.027
202012 -0.532 116.299 -0.668
202103 1.928 117.770 2.392
202106 20.743 118.630 25.548
202109 -12.030 121.431 -14.475
202112 -16.543 124.634 -19.393
202203 5.767 128.850 6.539
202206 -1.185 133.448 -1.297
202209 1.176 138.101 1.244
202212 -8.274 140.574 -8.600
202303 3.445 143.145 3.516
202306 -0.037 143.538 -0.038
202309 -2.532 145.172 -2.548
202312 5.465 146.109 5.465

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


Bancontander Chile  (XSGO:BSANTANDER) 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.

Bancontander Chile's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=43.48/1.8
=24.16

* 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 Bancontander Chile was 4922.00. The lowest was 9.36. And the median was 34.82.


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.


Bancontander Chile Cyclically Adjusted FCF per Share Related Terms

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


Bancontander Chile (XSGO:BSANTANDER) Business Description

Traded in Other Exchanges
Address
Bandera 140, 20th Floor, Santiago, CHL
Founded in 1978, Banco Santander Chile is part of the Santander group and majority controlled by Santander Spain. Banco Santander is the largest bank in Chile by loans and the second largest by deposits. The bank generates most of its net interest income (roughly 65% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans. Banco Santander's commercial loan business is more focused on small- to medium-sized companies, with firms generating more than CLP 10,000 million in revenue only making up around 5% of outstanding loans. Outside of lending, Banco Santander is the largest card issuer in the country with around 25% of the market and benefits from a long-term strategic partnership with the largest airline in the country LATAM Chile.

Bancontander Chile (XSGO:BSANTANDER) Headlines

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