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Bank Of Beijing Co (SHSE:601169) Cyclically Adjusted FCF per Share : ¥1.40 (As of Mar. 2024)


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What is Bank Of Beijing Co 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.

Bank Of Beijing Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.595. 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 ¥1.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bank Of Beijing Co's average Cyclically Adjusted FCF Growth Rate was 14.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 0.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -6.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Bank Of Beijing Co was 2.50% per year. The lowest was -22.70% per year. And the median was -2.10% per year.

As of today (2024-06-06), Bank Of Beijing Co's current stock price is ¥5.70. Bank Of Beijing Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥1.40. Bank Of Beijing Co's Cyclically Adjusted Price-to-FCF of today is 4.07.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bank Of Beijing Co was 7.14. The lowest was 2.46. And the median was 3.78.


Bank Of Beijing Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Bank Of Beijing Co'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.

Bank Of Beijing Co Cyclically Adjusted FCF per Share Chart

Bank Of Beijing Co 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 1.67 1.44 0.84 1.36 1.46

Bank Of Beijing Co 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 1.22 1.24 1.35 1.46 1.40

Competitive Comparison of Bank Of Beijing Co's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Bank Of Beijing Co'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.


Bank Of Beijing Co's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Bank Of Beijing Co 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, Bank Of Beijing Co'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)
=-0.595/115.2271*115.2271
=-0.595

Current CPI (Mar. 2024) = 115.2271.

Bank Of Beijing Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.869 98.200 1.020
201409 0.513 98.900 0.598
201412 4.886 99.000 5.687
201503 -1.093 99.900 -1.261
201506 -0.341 99.500 -0.395
201509 3.843 100.500 4.406
201512 -0.440 100.600 -0.504
201603 -6.946 102.200 -7.831
201606 1.193 101.400 1.356
201609 2.932 102.400 3.299
201612 1.639 102.600 1.841
201703 -1.171 103.200 -1.307
201706 1.339 103.100 1.496
201709 0.015 104.100 0.017
201712 0.063 104.500 0.069
201803 -1.337 105.300 -1.463
201806 2.192 104.900 2.408
201809 -1.307 106.600 -1.413
201812 1.701 106.500 1.840
201903 0.991 107.700 1.060
201906 1.766 107.700 1.889
201909 -1.900 109.800 -1.994
201912 -0.318 111.200 -0.330
202003 -1.552 112.300 -1.592
202006 2.366 110.400 2.469
202009 -1.745 111.700 -1.800
202012 1.293 111.500 1.336
202103 1.232 112.662 1.260
202106 -1.177 111.769 -1.213
202109 -0.658 112.215 -0.676
202112 -1.170 113.108 -1.192
202203 0.106 114.335 0.107
202206 0.041 114.558 0.041
202209 0.719 115.339 0.718
202212 3.332 115.116 3.335
202303 -1.573 115.116 -1.575
202306 2.674 114.558 2.690
202309 -0.775 115.339 -0.774
202312 0.923 114.781 0.927
202403 -0.595 115.227 -0.595

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


Bank Of Beijing Co  (SHSE:601169) 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.

Bank Of Beijing Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.70/1.4
=4.07

* 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 Bank Of Beijing Co was 7.14. The lowest was 2.46. And the median was 3.78.


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.


Bank Of Beijing Co Cyclically Adjusted FCF per Share Related Terms

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


Bank Of Beijing Co (SHSE:601169) Business Description

Traded in Other Exchanges
N/A
Address
First floor, No.17, Financial Street, Xicheng District, Beijing, CHN, 100033
Bank Of Beijing Co Ltd is a commercial bank in China providing a comprehensive range of commercial banking products and services. Its business consists of corporate banking, personal banking, financial market and international business. The bank has set up over 600 branches in not only over 10 domestic major cities, including Beijing, Tianjin, Shanghai, Xi'an, Shenzhen, Hangzhou, Changsha, Nanjing, Jinan, Nanchang, Shijiazhuang and Urumqi, but also in Hong Kong and the Netherlands.
Executives
Cao Zhuo senior management
Zhou Yi Chen Supervisors
Yang Shu Jian Director
Han Xu senior management
Qian Hua Jie Director
Qu Qiang Director
Ceng Ying Supervisors
Wang Jian senior management
Gao Jin Bo Supervisors
Wang Rui Hua Director
Liu Hong Yu Director
Liang Yan senior management
Zhao Li Fen Director
Li Jian Ying Supervisors
Liu Yan Lei senior management

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