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B3 - Brasil Bolsa Balcao (FRA:YBV0) Cyclically Adjusted FCF per Share : €0.34 (As of Mar. 2024)


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What is B3 - Brasil Bolsa Balcao 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.

B3 - Brasil Bolsa Balcao's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.149. 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 €0.34 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 12.50% 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 B3 - Brasil Bolsa Balcao was 15.80% per year. The lowest was 7.90% per year. And the median was 14.50% per year.

As of today (2024-06-09), B3 - Brasil Bolsa Balcao's current stock price is €5.45. B3 - Brasil Bolsa Balcao's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.34. B3 - Brasil Bolsa Balcao's Cyclically Adjusted Price-to-FCF of today is 16.03.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of B3 - Brasil Bolsa Balcao was 55.85. The lowest was 16.69. And the median was 31.00.


B3 - Brasil Bolsa Balcao Cyclically Adjusted FCF per Share Historical Data

The historical data trend for B3 - Brasil Bolsa Balcao'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.

B3 - Brasil Bolsa Balcao Cyclically Adjusted FCF per Share Chart

B3 - Brasil Bolsa Balcao 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 - - - 0.26 0.32

B3 - Brasil Bolsa Balcao 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 0.33 0.35 0.36 0.32 0.34

Competitive Comparison of B3 - Brasil Bolsa Balcao's Cyclically Adjusted FCF per Share

For the Financial Data & Stock Exchanges subindustry, B3 - Brasil Bolsa Balcao'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.


B3 - Brasil Bolsa Balcao's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, B3 - Brasil Bolsa Balcao's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where B3 - Brasil Bolsa Balcao's Cyclically Adjusted Price-to-FCF falls into.



B3 - Brasil Bolsa Balcao 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, B3 - Brasil Bolsa Balcao'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)
=0.149/159.3724*159.3724
=0.149

Current CPI (Mar. 2024) = 159.3724.

B3 - Brasil Bolsa Balcao Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.121 91.838 0.210
201409 0.036 92.602 0.062
201412 0.065 94.194 0.110
201503 0.034 97.799 0.055
201506 0.074 100.006 0.118
201509 -0.087 101.392 -0.137
201512 0.099 104.247 0.151
201603 -0.004 106.979 -0.006
201606 -0.621 108.851 -0.909
201609 0.036 109.986 0.052
201612 -0.505 110.802 -0.726
201703 0.059 111.869 0.084
201706 0.125 112.115 0.178
201709 0.110 112.777 0.155
201712 1.132 114.068 1.582
201803 0.062 114.868 0.086
201806 0.053 117.038 0.072
201809 0.049 117.881 0.066
201812 0.212 118.340 0.286
201903 0.060 120.124 0.080
201906 -0.079 120.977 -0.104
201909 0.081 121.292 0.106
201912 0.251 123.436 0.324
202003 0.090 124.092 0.116
202006 0.016 123.557 0.021
202009 -0.063 125.095 -0.080
202012 0.153 129.012 0.189
202103 0.120 131.660 0.145
202106 -0.057 133.871 -0.068
202109 -0.165 137.913 -0.191
202112 0.307 141.992 0.345
202203 0.148 146.537 0.161
202206 0.363 149.784 0.386
202209 0.230 147.800 0.248
202212 0.157 150.207 0.167
202303 0.122 153.352 0.127
202306 0.205 154.519 0.211
202309 0.124 155.464 0.127
202312 -0.110 157.148 -0.112
202403 0.149 159.372 0.149

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


B3 - Brasil Bolsa Balcao  (FRA:YBV0) 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.

B3 - Brasil Bolsa Balcao's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.45/0.34
=16.03

* 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 B3 - Brasil Bolsa Balcao was 55.85. The lowest was 16.69. And the median was 31.00.


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.


B3 - Brasil Bolsa Balcao Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of B3 - Brasil Bolsa Balcao's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


B3 - Brasil Bolsa Balcao (FRA:YBV0) Business Description

Traded in Other Exchanges
Address
Antonio Prado Square, 48 - Center, Rua XV de Novembro, 275, Sao Paulo, SP, BRA, 01010-901
B3 SA - Brasil Bolsa Balcao is a financial market exchange. Its services consist of trading, clearing, and other post-trade services. The company's activities are carried out through its trading systems and clearinghouses and include transactions with securities, interbank foreign exchange, and securities under custody in the special system for settlement and custody. It relies on technology to deliver its services.

B3 - Brasil Bolsa Balcao (FRA:YBV0) Headlines

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