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China Merchants Bank Co (China Merchants Bank Co) Price-to-Free-Cash-Flow : 2.51 (As of Apr. 24, 2024)


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What is China Merchants Bank Co Price-to-Free-Cash-Flow?

As of today (2024-04-24), China Merchants Bank Co's share price is $21.00. China Merchants Bank Co's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $8.37. Hence, China Merchants Bank Co's Price-to-Free-Cash-Flow Ratio for today is 2.51.

The historical rank and industry rank for China Merchants Bank Co's Price-to-Free-Cash-Flow or its related term are showing as below:

CIHKY' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 0.42   Med: 2.92   Max: 29.02
Current: 2.83

During the past 13 years, China Merchants Bank Co's highest Price-to-Free-Cash-Flow Ratio was 29.02. The lowest was 0.42. And the median was 2.92.

CIHKY's Price-to-Free-Cash-Flow is ranked better than
73.54% of 990 companies
in the Banks industry
Industry Median: 6.655 vs CIHKY: 2.83

China Merchants Bank Co's Free Cash Flow per Share for the three months ended in Dec. 2023 was $7.58. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $8.37.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of China Merchants Bank Co was -38.30% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -7.00% per year.

During the past 13 years, China Merchants Bank Co's highest 3-Year average Free Cash Flow per Share Growth Rate was 213.50% per year. The lowest was -69.50% per year. And the median was 23.10% per year.


China Merchants Bank Co Price-to-Free-Cash-Flow Historical Data

The historical data trend for China Merchants Bank Co's Price-to-Free-Cash-Flow 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.

China Merchants Bank Co Price-to-Free-Cash-Flow Chart

China Merchants Bank Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.81 8.03 1.83 2.21

China Merchants Bank Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow 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 1.83 1.83 1.78 2.05 2.21

Competitive Comparison of China Merchants Bank Co's Price-to-Free-Cash-Flow

For the Banks - Regional subindustry, China Merchants Bank Co's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


China Merchants Bank Co's Price-to-Free-Cash-Flow Distribution in the Banks Industry

For the Banks industry and Financial Services sector, China Merchants Bank Co's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where China Merchants Bank Co's Price-to-Free-Cash-Flow falls into.



China Merchants Bank Co Price-to-Free-Cash-Flow Calculation

China Merchants Bank Co's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=21.00/8.365
=2.51

China Merchants Bank Co's Share Price of today is $21.00.
China Merchants Bank Co's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.37.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

China Merchants Bank Co  (OTCPK:CIHKY) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


China Merchants Bank Co Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of China Merchants Bank Co's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


China Merchants Bank Co (China Merchants Bank Co) Business Description

Address
No. 7088, Shennan Boulevard, 19 Floor, China Merchants Bank Building, Futian District, Guangdong Province, Shenzhen, CHN, 518040
China Merchants Bank, with headquarters in Shenzhen, was founded in 1987. The bank is China's seventh-largest listed bank by assets, with the largest distribution network among China's joint-stock banks. CMB's network has been expanding rapidly. Its outlets are located mainly in China's more developed areas, including the Pearl River and Yangtze River deltas. The firm has 18% and 82% of its shares listed on the Hong Kong and Shanghai exchanges, respectively. It has no foreign strategic investors. China Merchants Group is its largest shareholder, with a 30% stake. Retail banking, corporate banking and wholesale banking accounted for 57%, 41%, and 2% of total profit before tax, respectively, and 56%, 41%, and 3% of total revenue in 2022.

China Merchants Bank Co (China Merchants Bank Co) Headlines

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