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O-Bank Co (TPE:2897) Cyclically Adjusted Price-to-FCF : 6.72 (As of Jun. 10, 2024)


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What is O-Bank Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), O-Bank Co's current share price is NT$10.75. O-Bank Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$1.60. O-Bank Co's Cyclically Adjusted Price-to-FCF for today is 6.72.

The historical rank and industry rank for O-Bank Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TPE:2897' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.92   Med: 5.34   Max: 8.01
Current: 6.71

During the past years, O-Bank Co's highest Cyclically Adjusted Price-to-FCF was 8.01. The lowest was 3.92. And the median was 5.34.

TPE:2897's Cyclically Adjusted Price-to-FCF is ranked better than
55.61% of 829 companies
in the Banks industry
Industry Median: 7.23 vs TPE:2897: 6.71

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.

O-Bank Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-1.527. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is NT$1.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


O-Bank Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for O-Bank Co's Cyclically Adjusted Price-to-FCF 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.

O-Bank Co Cyclically Adjusted Price-to-FCF Chart

O-Bank Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 5.31 5.00 5.51

O-Bank 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 Price-to-FCF 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 6.29 5.41 5.17 5.51 6.23

Competitive Comparison of O-Bank Co's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, O-Bank 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.


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

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

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



O-Bank Co Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

O-Bank Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.75/1.6
=6.72

* 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.

O-Bank Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, O-Bank 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)
=-1.527/131.7762*131.7762
=-1.527

Current CPI (Mar. 2024) = 131.7762.

O-Bank Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 0.000 98.518 0.000
201312 0.000 98.326 0.000
201406 0.000 100.560 0.000
201412 0.000 99.070 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 0.000 99.792 0.000
201603 4.002 100.470 5.249
201606 1.118 101.688 1.449
201609 -0.791 101.861 -1.023
201612 -2.923 101.863 -3.781
201703 -1.303 102.862 -1.669
201706 4.093 103.349 5.219
201709 7.700 104.136 9.744
201712 -6.753 104.011 -8.556
201803 0.742 105.290 0.929
201806 -1.932 106.317 -2.395
201809 2.559 106.507 3.166
201812 3.927 105.998 4.882
201903 -0.343 107.251 -0.421
201906 -3.727 108.070 -4.545
201909 5.298 108.329 6.445
201912 -2.599 108.420 -3.159
202003 0.930 108.902 1.125
202006 0.264 108.767 0.320
202009 -0.578 109.815 -0.694
202012 -1.249 109.897 -1.498
202103 0.903 111.754 1.065
202106 -1.097 114.631 -1.261
202109 1.750 115.734 1.993
202112 -2.201 117.630 -2.466
202203 -1.017 121.301 -1.105
202206 3.121 125.017 3.290
202209 0.024 125.227 0.025
202212 0.038 125.222 0.040
202303 -0.795 127.348 -0.823
202306 2.874 128.729 2.942
202309 -0.007 129.860 -0.007
202312 0.262 129.419 0.267
202403 -1.527 131.776 -1.527

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


O-Bank Co  (TPE:2897) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


O-Bank Co Cyclically Adjusted Price-to-FCF Related Terms

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


O-Bank Co (TPE:2897) Business Description

Industry
Traded in Other Exchanges
Address
No.99, Sec.2, Tiding Boulevard, Neihu District, Taipei, TWN, 114
O-Bank Co Ltd is a banking company. The bank's financial services include banking, trade finance, financial market, securitization, and trusts. Its Products include medium and long-term loans, syndicated loans, cash management, factoring business, trade finance, interest rate and exchange rate structured products, trusts, and securitization. Retail banking services include loans and deposits, investment management, and mobile banking services including opening accounts and transacting online.

O-Bank Co (TPE:2897) Headlines

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