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Bank Hapoalim BM (Bank Hapoalim BM) Cyclically Adjusted Price-to-FCF : 10.94 (As of Apr. 27, 2024)


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What is Bank Hapoalim BM Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Bank Hapoalim BM's current share price is $43.45. Bank Hapoalim BM's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.97. Bank Hapoalim BM's Cyclically Adjusted Price-to-FCF for today is 10.94.

The historical rank and industry rank for Bank Hapoalim BM's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BKHYY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.03   Med: 6.99   Max: 11.45
Current: 10.8

During the past years, Bank Hapoalim BM's highest Cyclically Adjusted Price-to-FCF was 11.45. The lowest was 5.03. And the median was 6.99.

BKHYY's Cyclically Adjusted Price-to-FCF is ranked worse than
72.24% of 832 companies
in the Banks industry
Industry Median: 7.405 vs BKHYY: 10.80

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.

Bank Hapoalim BM's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $3.222. 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 $3.97 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank Hapoalim BM Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bank Hapoalim BM'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.

Bank Hapoalim BM Cyclically Adjusted Price-to-FCF Chart

Bank Hapoalim BM 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 7.38 5.93 7.35 9.41 10.89

Bank Hapoalim BM 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 9.41 8.03 10.28 10.19 10.89

Competitive Comparison of Bank Hapoalim BM's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Bank Hapoalim BM'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.


Bank Hapoalim BM's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Bank Hapoalim BM's Cyclically Adjusted Price-to-FCF falls into.



Bank Hapoalim BM 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.

Bank Hapoalim BM's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=43.45/3.97
=10.94

* 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.

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

For example, Bank Hapoalim BM'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)
=3.222/129.4194*129.4194
=3.222

Current CPI (Dec. 2023) = 129.4194.

Bank Hapoalim BM Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.805 99.695 -1.045
201406 -8.947 100.560 -11.515
201409 9.297 100.428 11.981
201412 1.693 99.070 2.212
201503 3.081 99.621 4.003
201506 -5.272 100.684 -6.777
201509 2.608 100.392 3.362
201512 10.894 99.792 14.128
201603 -2.779 100.470 -3.580
201606 4.025 101.688 5.123
201609 -0.532 101.861 -0.676
201612 -0.861 101.863 -1.094
201703 3.050 102.862 3.837
201706 1.207 103.349 1.511
201709 2.035 104.136 2.529
201712 3.116 104.011 3.877
201803 -4.546 105.290 -5.588
201806 0.018 106.317 0.022
201809 6.572 106.507 7.986
201812 -3.169 105.998 -3.869
201903 4.216 107.251 5.087
201906 -1.045 108.070 -1.251
201909 2.183 108.329 2.608
201912 1.235 108.420 1.474
202003 -9.653 108.902 -11.472
202006 6.239 108.767 7.424
202009 -0.574 109.815 -0.676
202012 6.222 109.897 7.327
202103 2.298 111.754 2.661
202106 3.033 114.631 3.424
202109 -4.827 115.734 -5.398
202112 3.686 117.630 4.055
202203 2.893 121.301 3.087
202206 -5.549 125.017 -5.744
202209 1.895 125.227 1.958
202212 0.243 125.222 0.251
202303 -5.221 127.348 -5.306
202306 0.224 128.729 0.225
202309 0.398 129.860 0.397
202312 3.222 129.419 3.222

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.


Bank Hapoalim BM  (OTCPK:BKHYY) 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.


Bank Hapoalim BM Cyclically Adjusted Price-to-FCF Related Terms

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


Bank Hapoalim BM (Bank Hapoalim BM) Business Description

Industry
Traded in Other Exchanges
Address
50 Rothschild Boulevard, Tel Aviv, ISR, 63432
Bank Hapoalim BM is an Israeli bank that operates hundreds of full-service retail branches focusing on households, small businesses, and private banking to high-net-worth individuals. The bank offers a range of banking and payments products, capital market and foreign trade facilities, and a full gamut of financial planning advisory services, including pension and retirement planning. Its private banking division offers wealth management services and has a global presence. Most of its net revenue is derived from net interest income in the corporate and household segments. The bank's strategy emphasizes its competitive positioning in Israel, diversification of revenue sources, operational efficiency, and financial technology.