GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Millennium SA (OTCPK:BMSAF) » Definitions » Cyclically Adjusted FCF per Share

Bank Millennium (Bank Millennium) Cyclically Adjusted FCF per Share : $0.00 (As of Mar. 2024)


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

What is Bank Millennium Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Bank Millennium's adjusted free cash flow per share for the three months ended in Mar. 2024 was $20.543. 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 $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bank Millennium's average Cyclically Adjusted FCF Growth Rate was 54.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 32.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.10% 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 Bank Millennium was 32.80% per year. The lowest was -5.50% per year. And the median was 5.90% per year.

As of today (2024-06-07), Bank Millennium's current stock price is $0.225882. Bank Millennium's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.00. Bank Millennium's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bank Millennium was 6.09. The lowest was 1.06. And the median was 2.58.


Bank Millennium Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Bank Millennium'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.

Bank Millennium Cyclically Adjusted FCF per Share Chart

Bank Millennium 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 - - - - -

Bank Millennium 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 - - - - -

Competitive Comparison of Bank Millennium's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Bank Millennium'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.


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

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

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



Bank Millennium 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, Bank Millennium'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)
=20.543/149.0435*149.0435
=20.543

Current CPI (Mar. 2024) = 149.0435.

Bank Millennium Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.782 101.180 2.625
201409 1.089 100.611 1.613
201412 -1.200 100.122 -1.786
201503 -4.373 100.041 -6.515
201506 6.674 100.448 9.903
201509 3.756 99.634 5.619
201512 7.426 99.471 11.127
201603 -1.863 98.983 -2.805
201606 2.395 99.552 3.586
201609 4.376 99.064 6.584
201612 3.898 100.366 5.789
201703 0.901 101.018 1.329
201706 1.946 101.180 2.867
201709 0.379 101.343 0.557
201712 4.144 102.564 6.022
201803 0.293 102.564 0.426
201806 -3.919 103.378 -5.650
201809 -0.309 103.378 -0.445
201812 16.963 103.785 24.360
201903 -3.235 104.274 -4.624
201906 -7.253 105.983 -10.200
201909 6.721 105.983 9.452
201912 1.392 107.123 1.937
202003 2.614 109.076 3.572
202006 7.867 109.402 10.718
202009 -2.926 109.320 -3.989
202012 -17.496 109.565 -23.800
202103 16.546 112.658 21.890
202106 -0.542 113.960 -0.709
202109 -5.119 115.588 -6.601
202112 -2.659 119.088 -3.328
202203 19.446 125.031 23.181
202206 -3.746 131.705 -4.239
202209 3.338 135.531 3.671
202212 11.414 139.113 12.229
202303 10.298 145.950 10.516
202306 7.333 147.009 7.435
202309 22.717 146.113 23.173
202312 3.629 147.741 3.661
202403 20.543 149.044 20.543

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


Bank Millennium  (OTCPK:BMSAF) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bank Millennium was 6.09. The lowest was 1.06. And the median was 2.58.


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.


Bank Millennium Cyclically Adjusted FCF per Share Related Terms

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


Bank Millennium (Bank Millennium) Business Description

Industry
Traded in Other Exchanges
Address
ul. Stanis?awa ?aryna 2A, Warsaw, POL, 02-593
Bank Millennium SA is a commercial bank group operating in Poland. The bank's operating segments include retail, corporate, and treasury banking. The retail segment includes services to mass market individual clients, affluent clients, individual entrepreneurs, and small businesses. The corporate segment includes services to medium and large companies as well as public sector entities. The treasury segment comprises the Group's treasury investments, interbank market transactions, taking positions in debt securities, brokerage activity as well as other transactions. The company derives the majority of its revenue from the retail segment.

Bank Millennium (Bank Millennium) Headlines

No Headlines