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Banco De Chile (Banco De Chile) Cyclically Adjusted FCF per Share : $0.13 (As of Mar. 2024)


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What is Banco De Chile 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.

Banco De Chile's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.242. 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 $0.13 for the trailing ten years ended in Mar. 2024.

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 Banco De Chile was 23.40% per year. The lowest was -34.50% per year. And the median was 1.00% per year.

As of today (2024-05-22), Banco De Chile's current stock price is $24.54. Banco De Chile's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.13. Banco De Chile's Cyclically Adjusted Price-to-FCF of today is 188.77.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Banco De Chile was 1707.75. The lowest was 68.43. And the median was 588.24.


Banco De Chile Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Banco De Chile'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.

Banco De Chile Cyclically Adjusted FCF per Share Chart

Banco De Chile 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 -0.61 -1.34 -0.45 -0.38 0.04

Banco De Chile 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 -0.61 -0.77 -0.16 0.04 0.13

Competitive Comparison of Banco De Chile's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Banco De Chile'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.


Banco De Chile's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Banco De Chile's Cyclically Adjusted Price-to-FCF falls into.



Banco De Chile 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, Banco De Chile'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)
=-0.242/146.1089*146.1089
=-0.242

Current CPI (Mar. 2024) = 146.1089.

Banco De Chile Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.187 95.543 0.286
201409 0.412 96.883 0.621
201412 -0.232 97.515 -0.348
201503 -0.184 98.539 -0.273
201506 -1.997 99.770 -2.925
201509 -2.170 101.383 -3.127
201512 -0.551 101.775 -0.791
201603 0.674 102.930 0.957
201606 -0.137 103.965 -0.193
201609 -0.420 104.521 -0.587
201612 0.228 104.532 0.319
201703 0.340 105.752 0.470
201706 0.854 105.730 1.180
201709 0.477 106.035 0.657
201712 0.867 106.907 1.185
201803 0.322 107.670 0.437
201806 -0.676 108.421 -0.911
201809 -1.097 109.369 -1.466
201812 -2.549 109.653 -3.396
201903 2.931 110.339 3.881
201906 -2.074 111.352 -2.721
201909 0.090 111.821 0.118
201912 2.642 112.943 3.418
202003 0.533 114.468 0.680
202006 -1.672 114.283 -2.138
202009 0.644 115.275 0.816
202012 -6.285 116.299 -7.896
202103 -6.269 117.770 -7.778
202106 4.264 118.630 5.252
202109 2.683 121.431 3.228
202112 5.912 124.634 6.931
202203 -3.440 128.850 -3.901
202206 -0.280 133.448 -0.307
202209 0.044 138.101 0.047
202212 3.486 140.574 3.623
202303 -1.221 143.145 -1.246
202306 -0.075 143.538 -0.076
202309 4.598 145.172 4.628
202312 0.114 146.109 0.114
202403 -0.242 146.109 -0.242

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


Banco De Chile  (NYSE:BCH) 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.

Banco De Chile's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=24.54/0.13
=188.77

* 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 Banco De Chile was 1707.75. The lowest was 68.43. And the median was 588.24.


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.


Banco De Chile Cyclically Adjusted FCF per Share Related Terms

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


Banco De Chile (Banco De Chile) Business Description

Industry
Traded in Other Exchanges
Address
Paseo Ahumada 251, Santiago, CHL
Operating under three separate brand names (Banco de Chile, Banco Edwards-Citi, and Banco CrediChile) Banco de Chile is the second largest in the country by loans and third largest by deposits. Banco de Chile generates most of its net interest income (roughly 60% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans, with 25% of its outstanding loans being made to firms with more than 10,000 million CLP in revenue. Outside of its banking business, Banco de Chile is the largest asset manager in the country and one of the largest security brokerages, supporting its substantial fee-based revenue.

Banco De Chile (Banco De Chile) Headlines