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United Commercial Bank (DHA:UCB) Cyclically Adjusted FCF per Share : BDT-2.62 (As of Mar. 2024)


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What is United Commercial 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.

United Commercial Bank's adjusted free cash flow per share for the three months ended in Mar. 2024 was BDT-4.741. 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 BDT-2.62 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 (2024-06-10), United Commercial Bank's current stock price is BDT8.90. United Commercial Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was BDT-2.62. United Commercial Bank's Cyclically Adjusted Price-to-FCF of today is .


United Commercial Bank Cyclically Adjusted FCF per Share Historical Data

The historical data trend for United Commercial 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.

United Commercial Bank Cyclically Adjusted FCF per Share Chart

United Commercial 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 - - -3.51 -5.51 -2.42

United Commercial 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 -4.24 -2.79 -1.85 -2.42 -2.62

Competitive Comparison of United Commercial Bank's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, United Commercial 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.


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

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

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



United Commercial 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, United Commercial 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)
=-4.741/131.7762*131.7762
=-4.741

Current CPI (Mar. 2024) = 131.7762.

United Commercial Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.292 100.560 -0.383
201409 -4.561 100.428 -5.985
201412 5.730 99.070 7.622
201503 -3.041 99.621 -4.023
201506 -1.508 100.684 -1.974
201509 -2.213 100.392 -2.905
201512 3.710 99.792 4.899
201603 -5.522 100.470 -7.243
201606 1.229 101.688 1.593
201609 4.161 101.861 5.383
201612 1.592 101.863 2.060
201703 -1.474 102.862 -1.888
201706 3.124 103.349 3.983
201709 6.043 104.136 7.647
201712 -6.372 104.011 -8.073
201803 1.108 105.290 1.387
201806 -8.454 106.317 -10.478
201809 2.062 106.507 2.551
201812 -2.428 105.998 -3.018
201903 -3.907 107.251 -4.800
201906 6.767 108.070 8.251
201909 -3.887 108.329 -4.728
201912 1.734 108.420 2.108
202003 0.232 108.902 0.281
202006 -7.940 108.767 -9.620
202009 -5.584 109.815 -6.701
202012 5.805 109.897 6.961
202103 -12.827 111.754 -15.125
202106 6.153 114.631 7.073
202109 -9.870 115.734 -11.238
202112 -0.116 117.630 -0.130
202203 -5.560 121.301 -6.040
202206 -2.593 125.017 -2.733
202209 -9.037 125.227 -9.510
202212 4.369 125.222 4.598
202303 14.062 127.348 14.551
202306 10.374 128.729 10.620
202309 5.162 129.860 5.238
202312 -1.597 129.419 -1.626
202403 -4.741 131.776 -4.741

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


United Commercial Bank  (DHA:UCB) 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.


United Commercial Bank Cyclically Adjusted FCF per Share Related Terms

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


United Commercial Bank (DHA:UCB) Business Description

Traded in Other Exchanges
N/A
Address
Road No. - 34, Gulshan Avenue, Plot - CWS- (A)-1, Dhaka, BGD, 1212
United Commercial Bank PLC is a commercial bank. The company through its delivery channels and subsidiaries offers a wide range of banking products and services to corporate, SME, and retail customers. Its products and services include deposit products like current deposit, fixed deposit, and UCB Multi-Millionaires. Loan products such as trade finance, import finance, loan syndication, and pacing credit. It also provides other services such as Western Union Money Transfer, online services internet banking. The reportable segments of the company are Corporate Banking, SME Banking, Consumer Banking, Treasury, Investment Banking, Offshore Banking, Card and Alternate Delivery Channel, Mobile Financial Services, and Agent Banking.

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