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Zagrebacka Banka D.D (ZAG:ZABA) Cyclically Adjusted FCF per Share : €2.36 (As of Mar. 2024)


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What is Zagrebacka Banka D.D 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.

Zagrebacka Banka D.D's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-4.055. 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 €2.36 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Zagrebacka Banka D.D's average Cyclically Adjusted FCF Growth Rate was -27.20% 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 (2024-06-09), Zagrebacka Banka D.D's current stock price is €17.90. Zagrebacka Banka D.D's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.36. Zagrebacka Banka D.D's Cyclically Adjusted Price-to-FCF of today is 7.58.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Zagrebacka Banka D.D was 7.78. The lowest was 2.44. And the median was 3.10.


Zagrebacka Banka D.D Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Zagrebacka Banka D.D'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.

Zagrebacka Banka D.D Cyclically Adjusted FCF per Share Chart

Zagrebacka Banka D.D 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 - - 3.22 3.29 2.81

Zagrebacka Banka D.D 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 3.24 3.38 2.79 2.81 2.36

Competitive Comparison of Zagrebacka Banka D.D's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Zagrebacka Banka D.D'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.


Zagrebacka Banka D.D's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Zagrebacka Banka D.D's Cyclically Adjusted Price-to-FCF falls into.



Zagrebacka Banka D.D 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, Zagrebacka Banka D.D'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)
=-4.055/131.7762*131.7762
=-4.055

Current CPI (Mar. 2024) = 131.7762.

Zagrebacka Banka D.D Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.187 99.695 -0.247
201406 -2.220 100.560 -2.909
201409 0.865 100.428 1.135
201412 -0.653 99.070 -0.869
201503 1.772 99.621 2.344
201506 0.141 100.684 0.185
201509 2.348 100.392 3.082
201512 0.091 99.792 0.120
201603 0.879 100.470 1.153
201606 0.904 101.688 1.171
201609 -0.654 101.861 -0.846
201612 1.453 101.863 1.880
201703 -0.388 102.862 -0.497
201706 1.248 103.349 1.591
201709 0.223 104.136 0.282
201712 2.358 104.011 2.987
201806 0.000 106.317 0.000
201809 -0.654 106.507 -0.809
201812 3.587 105.998 4.459
201903 0.648 107.251 0.796
201906 0.507 108.070 0.618
201909 -0.318 108.329 -0.387
201912 1.441 108.420 1.751
202003 3.315 108.902 4.011
202006 -1.847 108.767 -2.238
202009 -0.558 109.815 -0.670
202012 2.096 109.897 2.513
202103 0.467 111.754 0.551
202106 0.454 114.631 0.522
202109 -2.259 115.734 -2.572
202112 3.995 117.630 4.475
202203 -0.056 121.301 -0.061
202206 -1.152 125.017 -1.214
202209 0.168 125.227 0.177
202212 5.635 125.222 5.930
202303 -1.252 127.348 -1.296
202306 0.745 128.729 0.763
202309 -0.514 129.860 -0.522
202312 -0.291 129.419 -0.296
202403 -4.055 131.776 -4.055

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


Zagrebacka Banka D.D  (ZAG:ZABA) 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.

Zagrebacka Banka D.D's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=17.90/2.36
=7.58

* 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 Zagrebacka Banka D.D was 7.78. The lowest was 2.44. And the median was 3.10.


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.


Zagrebacka Banka D.D Cyclically Adjusted FCF per Share Related Terms

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


Zagrebacka Banka D.D (ZAG:ZABA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Trg bana Josipa Jelacica 10, Zagreb, HRV, 10000
Zagrebacka Banka D.D is a Croatian banking service provider. It caters to a customer and organizational needs through various avenues of services such as payment, financing, savings and investment and insurance. The company has four operating segments namely Retail, Corporate and Investment, Leasing and Other. It generates maximum revenue from the Retail segment. Geographically, it derives majority of revenue from the Republic of Croatia.

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