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Bangkok Bank PCL (BKK:BBL) Cyclically Adjusted FCF per Share : ฿51.05 (As of Mar. 2024)


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What is Bangkok Bank PCL 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.

Bangkok Bank PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿27.279. 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 ฿51.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bangkok Bank PCL's average Cyclically Adjusted FCF Growth Rate was 31.40% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Bangkok Bank PCL was 82.80% per year. The lowest was 82.80% per year. And the median was 82.80% per year.

As of today (2024-05-24), Bangkok Bank PCL's current stock price is ฿139.50. Bangkok Bank PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿51.05. Bangkok Bank PCL's Cyclically Adjusted Price-to-FCF of today is 2.73.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bangkok Bank PCL was 157.96. The lowest was 2.65. And the median was 55.65.


Bangkok Bank PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Bangkok Bank PCL'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.

Bangkok Bank PCL Cyclically Adjusted FCF per Share Chart

Bangkok Bank PCL 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 1.91 21.64 - - -

Bangkok Bank PCL 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 38.85 - - - 51.05

Competitive Comparison of Bangkok Bank PCL's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Bangkok Bank PCL'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.


Bangkok Bank PCL's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Bangkok Bank PCL 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, Bangkok Bank PCL'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)
=27.279/131.7762*131.7762
=27.279

Current CPI (Mar. 2024) = 131.7762.

Bangkok Bank PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 17.336 100.560 22.718
201409 -24.822 100.428 -32.570
201412 18.426 99.070 24.509
201503 2.992 99.621 3.958
201506 -9.157 100.684 -11.985
201509 5.028 100.392 6.600
201512 76.828 99.792 101.452
201603 -11.350 100.470 -14.887
201606 -17.921 101.688 -23.224
201609 4.556 101.861 5.894
201612 24.497 101.863 31.691
201703 -18.757 102.862 -24.029
201706 -3.616 103.349 -4.611
201709 -10.447 104.136 -13.220
201712 70.193 104.011 88.931
201803 -33.929 105.290 -42.464
201806 37.303 106.317 46.236
201809 -9.741 106.507 -12.052
201812 -6.902 105.998 -8.581
201903 4.376 107.251 5.377
201906 6.263 108.070 7.637
201909 -3.707 108.329 -4.509
201912 21.607 108.420 26.262
202003 25.059 108.902 30.323
202006 41.414 108.767 50.175
202009 22.595 109.815 27.114
202012 23.121 109.897 27.724
202103 0.000 111.754 0.000
202106 0.000 114.631 0.000
202109 0.000 115.734 0.000
202112 0.000 117.630 0.000
202203 0.000 121.301 0.000
202206 0.000 125.017 0.000
202209 0.000 125.227 0.000
202212 0.000 125.222 0.000
202303 27.417 127.348 28.370
202306 0.000 128.729 0.000
202309 0.000 129.860 0.000
202312 0.000 129.419 0.000
202403 27.279 131.776 27.279

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


Bangkok Bank PCL  (BKK:BBL) 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.

Bangkok Bank PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=139.50/51.05
=2.73

* 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 Bangkok Bank PCL was 157.96. The lowest was 2.65. And the median was 55.65.


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.


Bangkok Bank PCL Cyclically Adjusted FCF per Share Related Terms

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


Bangkok Bank PCL (BKK:BBL) Business Description

Industry
Traded in Other Exchanges
Address
333 Silom Road, Bangrak, Bangkok, THA, 10500
Bangkok Bank PCL is a Thai commercial bank with some international exposure to other Asian countries, the United Kingdom, and the United States. The bank's business units include corporate, commercial, business, consumer, international, and investment banking. Corporate banking services include loans, project finance, treasury, investment banking, trade finance, cash management, and securities. Nearly half of its loan portfolio is exposed to manufacturing and commercial businesses, followed by the utilities sector. The bank's strategy calls for increasingly leveraging its connection to other Asian countries, lending to high-growth sectors, and creating an omnichannel customer experience.

Bangkok Bank PCL (BKK:BBL) Headlines

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