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AB Bank (DHA:ABBANK) Cyclically Adjusted FCF per Share : BDT2.19 (As of Mar. 2024)


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What is AB 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.

AB Bank's adjusted free cash flow per share for the three months ended in Mar. 2024 was BDT-20.298. 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 BDT2.19 for the trailing ten years ended in Mar. 2024.

During the past 12 months, AB Bank's average Cyclically Adjusted FCF Growth Rate was 28.80% 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 (2024-06-10), AB Bank's current stock price is BDT6.80. AB Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was BDT2.19. AB Bank's Cyclically Adjusted Price-to-FCF of today is 3.11.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of AB Bank was 5.60. The lowest was 1.57. And the median was 2.61.


AB Bank Cyclically Adjusted FCF per Share Historical Data

The historical data trend for AB 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.

AB Bank Cyclically Adjusted FCF per Share Chart

AB 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 - - - 3.65 4.53

AB 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 1.70 3.39 4.45 4.53 2.19

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

For the Banks - Regional subindustry, AB 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.


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

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

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



AB 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, AB 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)
=-20.298/131.7762*131.7762
=-20.298

Current CPI (Mar. 2024) = 131.7762.

AB Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.727 100.560 3.574
201409 -2.626 100.428 -3.446
201412 1.704 99.070 2.267
201503 2.677 99.621 3.541
201506 0.020 100.684 0.026
201509 2.922 100.392 3.835
201512 -5.195 99.792 -6.860
201603 8.665 100.470 11.365
201606 20.412 101.688 26.452
201609 7.290 101.861 9.431
201612 -7.900 101.863 -10.220
201703 -8.762 102.862 -11.225
201706 -1.245 103.349 -1.587
201709 0.106 104.136 0.134
201712 -0.813 104.011 -1.030
201803 -8.431 105.290 -10.552
201806 -0.831 106.317 -1.030
201809 -0.789 106.507 -0.976
201812 2.240 105.998 2.785
201903 -5.253 107.251 -6.454
201906 12.892 108.070 15.720
201909 17.978 108.329 21.869
201912 4.275 108.420 5.196
202003 -28.463 108.902 -34.442
202006 -2.648 108.767 -3.208
202009 21.541 109.815 25.849
202012 5.407 109.897 6.483
202103 -15.059 111.754 -17.757
202106 6.095 114.631 7.007
202109 -7.655 115.734 -8.716
202112 19.489 117.630 21.833
202203 -22.470 121.301 -24.410
202206 23.481 125.017 24.751
202209 -18.060 125.227 -19.005
202212 -0.565 125.222 -0.595
202303 -17.703 127.348 -18.319
202306 16.372 128.729 16.760
202309 10.823 129.860 10.983
202312 2.090 129.419 2.128
202403 -20.298 131.776 -20.298

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


AB Bank  (DHA:ABBANK) 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.

AB Bank's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.80/2.19
=3.11

* 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 AB Bank was 5.60. The lowest was 1.57. And the median was 2.61.


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.


AB Bank Cyclically Adjusted FCF per Share Related Terms

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


AB Bank (DHA:ABBANK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
The Skymark, 18 Gulshan Avenue, Gulshan-1, Dhaka, BGD, 1212
AB Bank PLC, together with its subsidiaries, provides various financial products and services in Bangladesh and international markets. The company also provides personal, auto, education, and home loans. AB offers a wide range of depository and loan products to cater to virtually every customer segment. From Student Banking to Priority Banking AB approximately has all banking products in its stock. It also provides Small and Medium Enterprise (SME) credit, Women's Entrepreneur, Consumer Loans, Debit and Credit Cards (Local and International), ATMs, Internet and SMS Banking, Remittance Services, Treasury Products and Services, Structured Finance for Corporate, strengthening and expanding its Islamic Banking activities, Investment Banking.

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