GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SALAFIN (Groupe BMCE) (CAS:SLF) » Definitions » Cyclically Adjusted Price-to-FCF

SALAFIN (Groupe BMCE) (CAS:SLF) Cyclically Adjusted Price-to-FCF : 10.25 (As of Apr. 28, 2024)


View and export this data going back to 2007. Start your Free Trial

What is SALAFIN (Groupe BMCE) Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), SALAFIN (Groupe BMCE)'s current share price is MAD584.00. SALAFIN (Groupe BMCE)'s Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was MAD56.95. SALAFIN (Groupe BMCE)'s Cyclically Adjusted Price-to-FCF for today is 10.25.

The historical rank and industry rank for SALAFIN (Groupe BMCE)'s Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CAS:SLF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.13   Med: 12.89   Max: 26.77
Current: 10.26

During the past 13 years, SALAFIN (Groupe BMCE)'s highest Cyclically Adjusted Price-to-FCF was 26.77. The lowest was 8.13. And the median was 12.89.

CAS:SLF's Cyclically Adjusted Price-to-FCF is ranked worse than
53.92% of 102 companies
in the Credit Services industry
Industry Median: 10.035 vs CAS:SLF: 10.26

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.

SALAFIN (Groupe BMCE)'s adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was MAD12.451. 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 MAD56.95 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


SALAFIN (Groupe BMCE) Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SALAFIN (Groupe BMCE)'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.

SALAFIN (Groupe BMCE) Cyclically Adjusted Price-to-FCF Chart

SALAFIN (Groupe BMCE) 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 20.79 11.37 11.98 9.31 9.13

SALAFIN (Groupe BMCE) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 11.98 - 9.31 - 9.13

Competitive Comparison of SALAFIN (Groupe BMCE)'s Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, SALAFIN (Groupe BMCE)'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.


SALAFIN (Groupe BMCE)'s Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, SALAFIN (Groupe BMCE)'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where SALAFIN (Groupe BMCE)'s Cyclically Adjusted Price-to-FCF falls into.



SALAFIN (Groupe BMCE) 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.

SALAFIN (Groupe BMCE)'s Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=584.00/56.95
=10.25

* 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.

SALAFIN (Groupe BMCE)'s Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, SALAFIN (Groupe BMCE)'s adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=12.451/129.4194*129.4194
=12.451

Current CPI (Dec23) = 129.4194.

SALAFIN (Groupe BMCE) Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.000 99.070 0.000
201512 0.000 99.792 0.000
201612 62.626 101.863 79.568
201712 40.650 104.011 50.580
201812 -0.259 105.998 -0.316
201912 44.760 108.420 53.429
202012 55.868 109.897 65.793
202112 114.154 117.630 125.596
202212 66.240 125.222 68.460
202312 12.451 129.419 12.451

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.


SALAFIN (Groupe BMCE)  (CAS:SLF) 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.


SALAFIN (Groupe BMCE) Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of SALAFIN (Groupe BMCE)'s Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


SALAFIN (Groupe BMCE) (CAS:SLF) Business Description

Traded in Other Exchanges
N/A
Address
Immeuble Zenith Millenium 8, Sidi Maarouf, Casablanca, MAR
SALAFIN (Groupe BMCE) is a Morocco-based company. It is a finance company. It offers consumer credit services. The company operates through various business segments that are Personal Credit, which include personal loan, and mortgage credit; Auto Financing, which provides car loans; and Revolving Credit.