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BB Seguridade Participacoes (BSP:BBSE3) Cyclically Adjusted FCF per Share : R$1.22 (As of Mar. 2024)


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What is BB Seguridade Participacoes 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.

BB Seguridade Participacoes's adjusted free cash flow per share for the three months ended in Mar. 2024 was R$0.218. 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$1.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, BB Seguridade Participacoes's average Cyclically Adjusted FCF Growth Rate was 4.30% 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.

As of today (2024-05-18), BB Seguridade Participacoes's current stock price is R$34.17. BB Seguridade Participacoes's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$1.22. BB Seguridade Participacoes's Cyclically Adjusted Price-to-FCF of today is 28.01.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BB Seguridade Participacoes was 32.98. The lowest was 19.26. And the median was 26.06.


BB Seguridade Participacoes Cyclically Adjusted FCF per Share Historical Data

The historical data trend for BB Seguridade Participacoes'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.

BB Seguridade Participacoes Cyclically Adjusted FCF per Share Chart

BB Seguridade Participacoes 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 - - 1.01 1.13 1.24

BB Seguridade Participacoes 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 1.17 1.20 1.22 1.24 1.22

Competitive Comparison of BB Seguridade Participacoes's Cyclically Adjusted FCF per Share

For the Insurance - Diversified subindustry, BB Seguridade Participacoes'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.


BB Seguridade Participacoes's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, BB Seguridade Participacoes's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where BB Seguridade Participacoes's Cyclically Adjusted Price-to-FCF falls into.



BB Seguridade Participacoes 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, BB Seguridade Participacoes'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)
=0.218/159.3724*159.3724
=0.218

Current CPI (Mar. 2024) = 159.3724.

BB Seguridade Participacoes Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.232 91.838 0.403
201409 0.162 92.602 0.279
201412 0.231 94.194 0.391
201503 0.156 97.799 0.254
201506 0.140 100.006 0.223
201509 0.011 101.392 0.017
201512 0.206 104.247 0.315
201603 0.131 106.979 0.195
201606 -0.012 108.851 -0.018
201609 0.157 109.986 0.227
201612 0.292 110.802 0.420
201703 0.013 111.869 0.019
201706 0.230 112.115 0.327
201709 0.251 112.777 0.355
201712 0.334 114.068 0.467
201803 0.049 114.868 0.068
201806 0.246 117.038 0.335
201809 0.250 117.881 0.338
201812 0.191 118.340 0.257
201903 0.103 120.124 0.137
201906 0.310 120.977 0.408
201909 -0.256 121.292 -0.336
201912 0.291 123.436 0.376
202003 0.129 124.092 0.166
202006 0.192 123.557 0.248
202009 0.318 125.095 0.405
202012 0.506 129.012 0.625
202103 0.259 131.660 0.314
202106 0.355 133.871 0.423
202109 0.424 137.913 0.490
202112 0.378 141.992 0.424
202203 0.174 146.537 0.189
202206 0.434 149.784 0.462
202209 0.571 147.800 0.616
202212 0.460 150.207 0.488
202303 0.095 153.352 0.099
202306 0.553 154.519 0.570
202309 0.642 155.464 0.658
202312 0.567 157.148 0.575
202403 0.218 159.372 0.218

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


BB Seguridade Participacoes  (BSP:BBSE3) 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.

BB Seguridade Participacoes's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=34.17/1.22
=28.01

* 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 BB Seguridade Participacoes was 32.98. The lowest was 19.26. And the median was 26.06.


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.


BB Seguridade Participacoes Cyclically Adjusted FCF per Share Related Terms

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


BB Seguridade Participacoes (BSP:BBSE3) Business Description

Traded in Other Exchanges
Address
Quadra 05, Lot B, 3rd Floor Torre Sul, Banco do Brasil Building, Asa Norte, Brasilia, DF, BRA
BB Seguridade Participacoes SA is a diversified insurance company that operates two segments: insurance and brokerage. The revenue generation is mostly split between these two segments. Its insurance segment focuses on life, property, vehicle, and special-risk insurance. It also provides capitalization plans as well as reinsurance. The company's brokerage segment operates the facilitation of business insurance and reinsurance. BB Seguridade generates its revenue in Brazil. The company considers mergers and acquisitions as a component of its operational growth strategy.

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