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GFH Financial Group BSC (BAH:GFH) Cyclically Adjusted FCF per Share : $0.11 (As of Mar. 2024)


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What is GFH Financial Group BSC 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.

GFH Financial Group BSC's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.091. 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 $0.11 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 (2024-06-06), GFH Financial Group BSC's current stock price is $0.301. GFH Financial Group BSC's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.11. GFH Financial Group BSC's Cyclically Adjusted Price-to-FCF of today is 2.74.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of GFH Financial Group BSC was 2.84. The lowest was 2.03. And the median was 2.31.


GFH Financial Group BSC Cyclically Adjusted FCF per Share Historical Data

The historical data trend for GFH Financial Group BSC'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.

GFH Financial Group BSC Cyclically Adjusted FCF per Share Chart

GFH Financial Group BSC 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 - - - - 0.12

GFH Financial Group BSC 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 0.11 0.12 0.11 0.12 0.11

Competitive Comparison of GFH Financial Group BSC's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, GFH Financial Group BSC'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.


GFH Financial Group BSC's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where GFH Financial Group BSC's Cyclically Adjusted Price-to-FCF falls into.



GFH Financial Group BSC 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, GFH Financial Group BSC'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)
=-0.091/131.7762*131.7762
=-0.091

Current CPI (Mar. 2024) = 131.7762.

GFH Financial Group BSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.047 100.560 -0.062
201409 -0.006 100.428 -0.008
201412 -0.003 99.070 -0.004
201503 0.007 99.621 0.009
201506 -0.017 100.684 -0.022
201509 -0.003 100.392 -0.004
201512 -0.022 99.792 -0.029
201603 -0.001 100.470 -0.001
201606 -0.040 101.688 -0.052
201609 0.049 101.861 0.063
201612 0.049 101.863 0.063
201703 -0.001 102.862 -0.001
201706 0.036 103.349 0.046
201709 -0.008 104.136 -0.010
201712 0.007 104.011 0.009
201803 -0.023 105.290 -0.029
201806 0.010 106.317 0.012
201809 0.082 106.507 0.101
201812 0.057 105.998 0.071
201903 0.132 107.251 0.162
201906 0.068 108.070 0.083
201909 0.030 108.329 0.036
201912 -0.095 108.420 -0.115
202003 -0.038 108.902 -0.046
202006 0.088 108.767 0.107
202009 0.003 109.815 0.004
202012 0.051 109.897 0.061
202103 -0.007 111.754 -0.008
202106 0.090 114.631 0.103
202109 0.057 115.734 0.065
202112 0.084 117.630 0.094
202203 0.033 121.301 0.036
202206 0.015 125.017 0.016
202209 -0.014 125.227 -0.015
202212 0.166 125.222 0.175
202303 0.160 127.348 0.166
202306 0.068 128.729 0.070
202309 -0.067 129.860 -0.068
202312 0.121 129.419 0.123
202403 -0.091 131.776 -0.091

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


GFH Financial Group BSC  (BAH:GFH) 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.

GFH Financial Group BSC's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.301/0.11
=2.74

* 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 GFH Financial Group BSC was 2.84. The lowest was 2.03. And the median was 2.31.


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.


GFH Financial Group BSC Cyclically Adjusted FCF per Share Related Terms

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


GFH Financial Group BSC (BAH:GFH) Business Description

Industry
Address
Block 346, Road 4626, Building 1398, East Tower, P.O. Box 10006, Office 2901, 29th Floor, Bahrain Financial Harbour, Manama, BHR
GFH Financial Group BSC is an Islamic wholesale investment bank. The firm is organized into three operating segments Investment Banking, Commercial Banking and Proprietary and treasury. Substantial revenue is generated from Proprietary and Treasury operations. The Group has primary operations in Bahrain. The investment banking segment focuses on private equity and asset management activities, Commercial Banking includes all sharia compliant corporate banking and retail banking activities of the Group provided through the Group's subsidiary, Proprietary and treasury includes all common costs and activities that are undertaken at the Group level, including treasury and residual proprietary and co-investment assets.

GFH Financial Group BSC (BAH:GFH) Headlines

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