GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Overseas Bank Ltd (SGX:U11) » Definitions » Cyclically Adjusted Price-to-FCF

United Overseas Bank (SGX:U11) Cyclically Adjusted Price-to-FCF : 19.49 (As of Apr. 27, 2024)


View and export this data going back to 1970. Start your Free Trial

What is United Overseas Bank Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), United Overseas Bank's current share price is S$30.41. United Overseas Bank's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was S$1.56. United Overseas Bank's Cyclically Adjusted Price-to-FCF for today is 19.49.

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

SGX:U11' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.02   Med: 11.15   Max: 19.19
Current: 19.19

During the past 13 years, United Overseas Bank's highest Cyclically Adjusted Price-to-FCF was 19.19. The lowest was 7.02. And the median was 11.15.

SGX:U11's Cyclically Adjusted Price-to-FCF is ranked worse than
88.69% of 831 companies
in the Banks industry
Industry Median: 7.47 vs SGX:U11: 19.19

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.

United Overseas Bank's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was S$5.886. 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 S$1.56 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Overseas Bank Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for United Overseas Bank'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.

United Overseas Bank Cyclically Adjusted Price-to-FCF Chart

United Overseas Bank 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 - - - - 18.24

United Overseas Bank Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - 18.24

Competitive Comparison of United Overseas Bank's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, United Overseas Bank'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.


United Overseas Bank's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



United Overseas Bank 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.

United Overseas Bank's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=30.41/1.56
=19.49

* 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.

United Overseas Bank's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, United Overseas Bank's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=5.886/129.4194*129.4194
=5.886

Current CPI (Dec23) = 129.4194.

United Overseas Bank Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 4.291 99.070 5.606
201512 -0.019 99.792 -0.025
201612 -8.440 101.863 -10.723
201712 2.148 104.011 2.673
201812 -2.527 105.998 -3.085
201912 4.637 108.420 5.535
202012 5.403 109.897 6.363
202112 -2.193 117.630 -2.413
202212 5.593 125.222 5.780
202312 5.886 129.419 5.886

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.


United Overseas Bank  (SGX:U11) 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.


United Overseas Bank Cyclically Adjusted Price-to-FCF Related Terms

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


United Overseas Bank (SGX:U11) Business Description

Traded in Other Exchanges
Address
80 Raffles Place, UOB Plaza, Singapore, SGP, 048624
United Overseas Bank is a diversified financial institution based in Singapore. Its regional reach spans Greater China and Southeast Asia. Key countries include Malaysia, Thailand, and Indonesia. Singapore, its core market, makes up around 50% of its total assets. The group offers a wide range of services, including consumer, commercial and corporate, and investment banking; corporate finance; treasury services; and wealth management, insurance, and brokerage services.

United Overseas Bank (SGX:U11) Headlines

No Headlines