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Banco Da Amazonia (BSP:BAZA3) Cyclically Adjusted FCF per Share : R$42.89 (As of Dec. 2023)


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What is Banco Da Amazonia 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.

Banco Da Amazonia's adjusted free cash flow per share for the three months ended in Dec. 2023 was R$5.054. 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 R$42.89 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Banco Da Amazonia's average Cyclically Adjusted FCF Growth Rate was 19.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 25.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.40% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Banco Da Amazonia was 25.80% per year. The lowest was 3.30% per year. And the median was 9.65% per year.

As of today (2024-05-23), Banco Da Amazonia's current stock price is R$97.01. Banco Da Amazonia's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$42.89. Banco Da Amazonia's Cyclically Adjusted Price-to-FCF of today is 2.26.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Banco Da Amazonia was 2.52. The lowest was 0.77. And the median was 1.43.


Banco Da Amazonia Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Banco Da Amazonia'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.

Banco Da Amazonia Cyclically Adjusted FCF per Share Chart

Banco Da Amazonia 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 24.71 21.54 27.96 36.00 42.89

Banco Da Amazonia Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 36.00 38.95 42.98 43.74 42.89

Competitive Comparison of Banco Da Amazonia's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Banco Da Amazonia'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.


Banco Da Amazonia's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Banco Da Amazonia's Cyclically Adjusted Price-to-FCF falls into.



Banco Da Amazonia 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, Banco Da Amazonia'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)
=5.054/157.1481*157.1481
=5.054

Current CPI (Dec. 2023) = 157.1481.

Banco Da Amazonia Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -6.429 90.447 -11.170
201406 -11.023 91.838 -18.862
201409 -4.991 92.602 -8.470
201412 -59.122 94.194 -98.636
201503 21.710 97.799 34.885
201506 -1.189 100.006 -1.868
201509 -15.428 101.392 -23.912
201512 0.222 104.247 0.335
201603 7.466 106.979 10.967
201606 23.689 108.851 34.200
201609 27.068 109.986 38.675
201612 21.575 110.802 30.599
201703 32.628 111.869 45.834
201706 35.685 112.115 50.019
201709 28.272 112.777 39.395
201712 27.553 114.068 37.959
201803 30.813 114.868 42.154
201806 32.031 117.038 43.008
201809 11.950 117.881 15.931
201812 4.134 118.340 5.490
201903 13.549 120.124 17.725
201906 15.115 120.977 19.634
201909 11.799 121.292 15.287
201912 -17.904 123.436 -22.794
202003 26.245 124.092 33.236
202006 -11.883 123.557 -15.114
202009 -22.884 125.095 -28.748
202012 -13.106 129.012 -15.964
202103 7.472 131.660 8.918
202106 -6.535 133.871 -7.671
202109 -27.746 137.913 -31.616
202112 1.329 141.992 1.471
202203 80.727 146.537 86.573
202206 43.676 149.784 45.823
202209 -31.420 147.800 -33.407
202212 -6.643 150.207 -6.950
202303 49.547 153.352 50.773
202306 40.760 154.519 41.454
202309 -1.342 155.464 -1.357
202312 5.054 157.148 5.054

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


Banco Da Amazonia  (BSP:BAZA3) 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.

Banco Da Amazonia's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=97.01/42.89
=2.26

* 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 Banco Da Amazonia was 2.52. The lowest was 0.77. And the median was 1.43.


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.


Banco Da Amazonia Cyclically Adjusted FCF per Share Related Terms

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


Banco Da Amazonia (BSP:BAZA3) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Avenida Presidente Vargas 800 - 9th Floor, Belem, PR, BRA, 66017000
Banco Da Amazonia SA is the federal financial support institution that promotes the development of the Amazon Region. It finances major infrastructure projects, lends to rural and urban businesses, and offers credit cards and mutual fund investments.

Banco Da Amazonia (BSP:BAZA3) Headlines

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