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BCO Estado do Rio Grande do Sul (BSP:BRSR6) Cyclically Adjusted FCF per Share : R$8.49 (As of Dec. 2023)


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What is BCO Estado do Rio Grande do Sul 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.

BCO Estado do Rio Grande do Sul's adjusted free cash flow per share for the three months ended in Dec. 2023 was R$0.561. 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 R$8.49 for the trailing ten years ended in Dec. 2023.

During the past 12 months, BCO Estado do Rio Grande do Sul's average Cyclically Adjusted FCF Growth Rate was 67.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 26.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 38.80% 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 BCO Estado do Rio Grande do Sul was 47.60% per year. The lowest was 26.10% per year. And the median was 44.05% per year.

As of today (2024-05-24), BCO Estado do Rio Grande do Sul's current stock price is R$11.30. BCO Estado do Rio Grande do Sul's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$8.49. BCO Estado do Rio Grande do Sul's Cyclically Adjusted Price-to-FCF of today is 1.33.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BCO Estado do Rio Grande do Sul was 39.39. The lowest was 1.32. And the median was 3.43.


BCO Estado do Rio Grande do Sul Cyclically Adjusted FCF per Share Historical Data

The historical data trend for BCO Estado do Rio Grande do Sul'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.

BCO Estado do Rio Grande do Sul Cyclically Adjusted FCF per Share Chart

BCO Estado do Rio Grande do Sul 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 1.53 4.04 4.37 4.75 8.49

BCO Estado do Rio Grande do Sul Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.75 5.36 7.35 7.88 8.49

Competitive Comparison of BCO Estado do Rio Grande do Sul's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, BCO Estado do Rio Grande do Sul'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.


BCO Estado do Rio Grande do Sul's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, BCO Estado do Rio Grande do Sul's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where BCO Estado do Rio Grande do Sul's Cyclically Adjusted Price-to-FCF falls into.



BCO Estado do Rio Grande do Sul 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, BCO Estado do Rio Grande do Sul's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.561/157.1481*157.1481
=0.561

Current CPI (Dec. 2023) = 157.1481.

BCO Estado do Rio Grande do Sul Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.324 90.447 2.300
201406 -1.122 91.838 -1.920
201409 -0.147 92.602 -0.249
201412 -0.122 94.194 -0.204
201503 0.103 97.799 0.166
201506 3.865 100.006 6.073
201509 0.833 101.392 1.291
201512 1.170 104.247 1.764
201603 1.255 106.979 1.844
201606 2.824 108.851 4.077
201609 0.003 109.986 0.004
201612 1.927 110.802 2.733
201703 -1.478 111.869 -2.076
201706 2.015 112.115 2.824
201709 1.646 112.777 2.294
201712 1.008 114.068 1.389
201803 -5.220 114.868 -7.141
201806 8.299 117.038 11.143
201809 3.722 117.881 4.962
201812 -2.314 118.340 -3.073
201903 -0.865 120.124 -1.132
201906 1.001 120.977 1.300
201909 1.392 121.292 1.803
201912 -2.303 123.436 -2.932
202003 15.195 124.092 19.243
202006 6.034 123.557 7.674
202009 4.607 125.095 5.787
202012 1.486 129.012 1.810
202103 7.949 131.660 9.488
202106 5.957 133.871 6.993
202109 -2.175 137.913 -2.478
202112 -3.313 141.992 -3.667
202203 10.202 146.537 10.941
202206 5.105 149.784 5.356
202209 -6.639 147.800 -7.059
202212 -7.152 150.207 -7.483
202303 -1.113 153.352 -1.141
202306 6.910 154.519 7.028
202309 7.679 155.464 7.762
202312 0.561 157.148 0.561

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


BCO Estado do Rio Grande do Sul  (BSP:BRSR6) 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.

BCO Estado do Rio Grande do Sul's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=11.30/8.49
=1.33

* 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 BCO Estado do Rio Grande do Sul was 39.39. The lowest was 1.32. And the median was 3.43.


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.


BCO Estado do Rio Grande do Sul Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of BCO Estado do Rio Grande do Sul's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


BCO Estado do Rio Grande do Sul (BSP:BRSR6) Business Description

Traded in Other Exchanges
Address
Rua Capitao Montanha, nº 177 - Centro Porto Alegre, Porto Alegre, RS, BRA, 90010-040
BCO Estado do Rio Grande do Sul SA is a Brazil-based commercial bank that provides personal and corporate banking services. It provides financial services such as multiple banks, providing brokering services, consortia, card management, and warehouses. The company with its subsidiaries and affiliates operates commercial, lending, financing and investment, mortgage loan, development, leasing, and investment portfolios, including foreign exchange transactions, securities brokerage, and credit card and consortium management.

BCO Estado do Rio Grande do Sul (BSP:BRSR6) Headlines

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