GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Agribank Securities JSC (STC:AGR) » Definitions » Cyclically Adjusted FCF per Share

Agribank Securities JSC (STC:AGR) Cyclically Adjusted FCF per Share : ₫-416.34 (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Agribank Securities JSC 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.

Agribank Securities JSC's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₫-4,791.893. 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 ₫-416.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Agribank Securities JSC's average Cyclically Adjusted FCF Growth Rate was -210.00% 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 (2024-06-12), Agribank Securities JSC's current stock price is ₫22850.00. Agribank Securities JSC's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₫-416.34. Agribank Securities JSC's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Agribank Securities JSC was 143.17. The lowest was 15.06. And the median was 34.61.


Agribank Securities JSC Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Agribank Securities JSC'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.

Agribank Securities JSC Cyclically Adjusted FCF per Share Chart

Agribank Securities JSC 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 - - 372.73 512.59 322.75

Agribank Securities JSC 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 378.49 134.46 -894.71 322.75 -416.34

Competitive Comparison of Agribank Securities JSC's Cyclically Adjusted FCF per Share

For the Capital Markets subindustry, Agribank Securities JSC'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.


Agribank Securities JSC's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Agribank Securities JSC's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Agribank Securities JSC's Cyclically Adjusted Price-to-FCF falls into.



Agribank Securities JSC 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, Agribank Securities JSC'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)
=-4791.893/131.7762*131.7762
=-4,791.893

Current CPI (Mar. 2024) = 131.7762.

Agribank Securities JSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -40.670 100.560 -53.295
201409 -699.861 100.428 -918.322
201412 -1,286.168 99.070 -1,710.779
201503 270.606 99.621 357.951
201506 -387.338 100.684 -506.952
201509 180.115 100.392 236.423
201512 1,938.310 99.792 2,559.545
201603 692.082 100.470 907.729
201606 -1,991.485 101.688 -2,580.738
201609 625.111 101.861 808.698
201612 -566.445 101.863 -732.790
201703 -240.612 102.862 -308.247
201706 -661.293 103.349 -843.188
201709 751.169 104.136 950.551
201712 54.474 104.011 69.015
201803 -1,375.521 105.290 -1,721.548
201806 -396.880 106.317 -491.920
201809 208.333 106.507 257.762
201812 -587.479 105.998 -730.352
201903 -974.288 107.251 -1,197.085
201906 1,246.429 108.070 1,519.852
201909 632.650 108.329 769.581
201912 -343.602 108.420 -417.622
202003 -424.265 108.902 -513.382
202006 272,790.347 108.767 330,497.083
202009 -271,722.516 109.815 -326,062.862
202012 -63.356 109.897 -75.970
202103 -286.336 111.754 -337.636
202106 235.432 114.631 270.644
202109 -723.967 115.734 -824.316
202112 -548.622 117.630 -614.602
202203 -493.238 121.301 -535.833
202206 1,940.428 125.017 2,045.343
202209 -966.944 125.227 -1,017.518
202212 1,087.226 125.222 1,144.134
202303 -1,428.409 127.348 -1,478.081
202306 -638.652 128.729 -653.771
202309 397.963 129.860 403.837
202312 2,118.575 129.419 2,157.155
202403 -4,791.893 131.776 -4,791.893

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


Agribank Securities JSC  (STC:AGR) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Agribank Securities JSC was 143.17. The lowest was 15.06. And the median was 34.61.


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.


Agribank Securities JSC Cyclically Adjusted FCF per Share Related Terms

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


Agribank Securities JSC (STC:AGR) Business Description

Traded in Other Exchanges
N/A
Address
5th Floor, ARTEX Building, 172 Ngoc Khanh, Ba Dinh District, Hanoi, VNM
Agribank Securities JSC operates as a securities services company in Vietnam. It business line include securities and stock brokerage, securities investment and corporate finance consultancy, and securities placement and registration services.