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Alior Bank (WAR:ALR) Cyclically Adjusted FCF per Share : zł-8.20 (As of Mar. 2024)


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What is Alior Bank 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.

Alior Bank's adjusted free cash flow per share for the three months ended in Mar. 2024 was zł-7.965. 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 zł-8.20 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-02), Alior Bank's current stock price is zł95.66. Alior Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was zł-8.20. Alior Bank's Cyclically Adjusted Price-to-FCF of today is .


Alior Bank Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Alior Bank'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.

Alior Bank Cyclically Adjusted FCF per Share Chart

Alior Bank 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 - - -4.32 -4.55 -8.06

Alior Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -3.91 -5.18 -5.35 -8.06 -8.20

Competitive Comparison of Alior Bank's Cyclically Adjusted FCF per Share

For the Banks - Diversified subindustry, Alior Bank'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.


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

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

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



Alior Bank 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, Alior Bank's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-7.965/149.0435*149.0435
=-7.965

Current CPI (Mar. 2024) = 149.0435.

Alior Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.122 101.180 1.653
201409 -3.059 100.611 -4.532
201412 2.724 100.122 4.055
201503 -7.309 100.041 -10.889
201506 19.751 100.448 29.306
201509 -8.167 99.634 -12.217
201512 5.343 99.471 8.006
201603 -13.863 98.983 -20.874
201606 -30.652 99.552 -45.890
201609 17.541 99.064 26.391
201612 -10.461 100.366 -15.535
201703 3.030 101.018 4.471
201706 6.017 101.180 8.863
201709 -4.218 101.343 -6.203
201712 -10.768 102.564 -15.648
201803 3.872 102.564 5.627
201806 -0.391 103.378 -0.564
201809 6.202 103.378 8.942
201812 -5.523 103.785 -7.931
201903 -3.192 104.274 -4.562
201906 6.285 105.983 8.839
201909 -6.064 105.983 -8.528
201912 -0.477 107.123 -0.664
202003 4.703 109.076 6.426
202006 -5.941 109.402 -8.094
202009 4.134 109.320 5.636
202012 6.520 109.565 8.869
202103 -0.571 112.658 -0.755
202106 -3.728 113.960 -4.876
202109 0.795 115.588 1.025
202112 3.600 119.088 4.506
202203 9.981 125.031 11.898
202206 -2.882 131.705 -3.261
202209 -1.890 135.531 -2.078
202212 -10.220 139.113 -10.950
202303 -1.243 145.950 -1.269
202306 -12.108 147.009 -12.276
202309 -0.371 146.113 -0.378
202312 -20.363 147.741 -20.543
202403 -7.965 149.044 -7.965

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


Alior Bank  (WAR:ALR) 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.


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.


Alior Bank Cyclically Adjusted FCF per Share Related Terms

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


Alior Bank (WAR:ALR) Business Description

Industry
Traded in Other Exchanges
Address
ul. Lopuszanska 38D, Warsaw, POL, 02-232
Alior Bank SA is a universal lending and deposit-taking bank that provides services primarily to a Polish customer base. Its core activities include maintaining bank accounts, granting loans and advances, issuing banking securities, and buying and selling foreign currencies. Its subsidiary group company conducts brokerage activities, consulting, financial agency services, and other financial services. Its loan and advances book is diversified across various categories, notably retail cash loans and overdrafts, housing loans and other mortgages, working capital, and investment loans. About a quarter of the amounts due from customers originates from the Mazovia province. The group's operations are financed from the funds of non-financial-sector customers deposited with the bank.