GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Grupo Financiero Banorte SAB de CV (OTCPK:GBOOF) » Definitions » Cyclically Adjusted FCF per Share

Grupo Financiero BanorteB de CV (Grupo Financiero BanorteB de CV) Cyclically Adjusted FCF per Share : $0.51 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Grupo Financiero BanorteB de CV 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.

Grupo Financiero BanorteB de CV's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.556. 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 $0.51 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Grupo Financiero BanorteB de CV's average Cyclically Adjusted FCF Growth Rate was 72.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 42.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 48.90% 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 Grupo Financiero BanorteB de CV was 63.70% per year. The lowest was 42.60% per year. And the median was 44.90% per year.

As of today (2024-06-11), Grupo Financiero BanorteB de CV's current stock price is $7.45. Grupo Financiero BanorteB de CV's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.51. Grupo Financiero BanorteB de CV's Cyclically Adjusted Price-to-FCF of today is 14.61.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Grupo Financiero BanorteB de CV was 126.72. The lowest was 16.54. And the median was 38.72.


Grupo Financiero BanorteB de CV Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Grupo Financiero BanorteB de CV'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.

Grupo Financiero BanorteB de CV Cyclically Adjusted FCF per Share Chart

Grupo Financiero BanorteB de CV 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 0.07 0.13 0.17 0.27 0.44

Grupo Financiero BanorteB de CV 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 0.26 0.39 0.50 0.44 0.51

Competitive Comparison of Grupo Financiero BanorteB de CV's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Grupo Financiero BanorteB de CV'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.


Grupo Financiero BanorteB de CV's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Grupo Financiero BanorteB de CV's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Grupo Financiero BanorteB de CV's Cyclically Adjusted Price-to-FCF falls into.



Grupo Financiero BanorteB de CV 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, Grupo Financiero BanorteB de CV'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)
=0.556/152.9470*152.9470
=0.556

Current CPI (Mar. 2024) = 152.9470.

Grupo Financiero BanorteB de CV Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.301 96.609 -0.477
201409 0.415 97.652 0.650
201412 0.083 99.469 0.128
201503 0.218 99.973 0.334
201506 -0.132 99.382 -0.203
201509 0.268 100.112 0.409
201512 0.417 101.588 0.628
201603 -0.238 102.573 -0.355
201606 -0.085 101.905 -0.128
201609 -0.290 103.084 -0.430
201612 -0.081 105.002 -0.118
201703 -0.152 108.063 -0.215
201706 0.357 108.339 0.504
201709 -0.120 109.628 -0.167
201712 0.302 112.114 0.412
201803 0.200 113.505 0.269
201806 -0.154 113.373 -0.208
201809 -0.081 115.130 -0.108
201812 -0.108 117.530 -0.141
201903 -0.092 118.050 -0.119
201906 -0.023 117.848 -0.030
201909 0.038 118.581 0.049
201912 0.122 120.854 0.154
202003 0.415 121.885 0.521
202006 0.249 121.777 0.313
202009 0.601 123.341 0.745
202012 -0.622 124.661 -0.763
202103 0.105 127.574 0.126
202106 0.060 128.936 0.071
202109 -0.713 130.742 -0.834
202112 0.663 133.830 0.758
202203 0.522 137.082 0.582
202206 -0.021 139.233 -0.023
202209 0.020 142.116 0.022
202212 0.657 144.291 0.696
202303 0.099 146.472 0.103
202306 0.901 146.272 0.942
202309 -0.408 148.446 -0.420
202312 0.183 151.017 0.185
202403 0.556 152.947 0.556

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


Grupo Financiero BanorteB de CV  (OTCPK:GBOOF) 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.

Grupo Financiero BanorteB de CV's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=7.45/0.51
=14.61

* 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 Grupo Financiero BanorteB de CV was 126.72. The lowest was 16.54. And the median was 38.72.


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.


Grupo Financiero BanorteB de CV Cyclically Adjusted FCF per Share Related Terms

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


Grupo Financiero BanorteB de CV (Grupo Financiero BanorteB de CV) Business Description

Traded in Other Exchanges
Address
14th Floor, Avenue Prolongacion Reforma 1230, Col. Cruz Manca Santa Fe, Delegacion Cuajimalpa, Mexico, MEX, MEX, 05349
Grupo Financiero Banorte SAB de CV is a Mexican financial services company. The company offers a wide variety of products and services including banking services, brokerage, wholesale banking, leasing, factoring, insurance, pensions, and retirement savings. It operates locally in Mexico.

Grupo Financiero BanorteB de CV (Grupo Financiero BanorteB de CV) Headlines

From GuruFocus

Banorte Presentation Now Available for On-Demand Viewing

By PRNewswire PRNewswire 04-16-2018

Grupo Financiero Banorte SAB de CV's Dividend Analysis

By GuruFocus Research 10-18-2023