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Bao Viet Securities JSC (HSTC:BVS) Cyclically Adjusted FCF per Share : ₫-3,025.36 (As of Sep. 2023)


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What is Bao Viet Securities JSC 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.

Bao Viet Securities JSC's adjusted free cash flow per share for the three months ended in Sep. 2023 was ₫13,215.142. 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 ₫-3,025.36 for the trailing ten years ended in Sep. 2023.

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.

As of today (2024-06-07), Bao Viet Securities JSC's current stock price is ₫46800.00. Bao Viet Securities JSC's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was ₫-3,025.36. Bao Viet Securities JSC's Cyclically Adjusted Price-to-FCF of today is .


Bao Viet Securities JSC Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Bao Viet Securities JSC'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.

Bao Viet Securities JSC Cyclically Adjusted FCF per Share Chart

Bao Viet Securities JSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -2,797.71

Bao Viet Securities JSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -3,228.96 -2,797.71 -3,432.79 -4,496.29 -3,025.36

Competitive Comparison of Bao Viet Securities JSC's Cyclically Adjusted FCF per Share

For the Capital Markets subindustry, Bao Viet Securities JSC'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.


Bao Viet Securities JSC's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bao Viet Securities JSC's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Bao Viet Securities JSC's Cyclically Adjusted Price-to-FCF falls into.



Bao Viet Securities JSC 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, Bao Viet Securities JSC's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=13215.142/129.8595*129.8595
=13,215.142

Current CPI (Sep. 2023) = 129.8595.

Bao Viet Securities JSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201303 -1,129.466 98.209 -1,493.461
201306 575.471 98.518 758.547
201309 1,674.303 98.790 2,200.872
201312 -1,258.141 98.326 -1,661.633
201403 1,231.309 99.695 1,603.872
201406 1,635.207 100.560 2,111.657
201409 -2,837.050 100.428 -3,668.485
201412 -3,417.070 99.070 -4,479.059
201506 0.000 100.684 0.000
201509 -9,056.042 100.392 -11,714.269
201512 2,177.775 99.792 2,833.931
201609 0.000 101.861 0.000
201612 -4,691.906 101.863 -5,981.469
201703 4,530.959 102.862 5,720.158
201706 -2,777.459 103.349 -3,489.914
201709 295.536 104.136 368.540
201712 -2,906.608 104.011 -3,628.946
201803 48,435.928 105.290 59,738.772
201806 -29,929.922 106.317 -36,557.578
201809 -5,839.122 106.507 -7,119.416
201812 -10,188.606 105.998 -12,482.203
201903 -4,851.897 107.251 -5,874.704
201906 1,487.224 108.070 1,787.092
201909 307.310 108.329 368.387
201912 1,852.691 108.420 2,219.049
202003 7.041 108.902 8.396
202006 327.698 108.767 391.245
202009 -2,438.708 109.815 -2,883.847
202012 -2,173.577 109.897 -2,568.406
202103 -3,893.636 111.754 -4,524.436
202106 3,844.060 114.631 4,354.721
202109 -20,545.747 115.734 -23,053.325
202112 -4,110.464 117.630 -4,537.831
202203 -6,191.818 121.301 -6,628.687
202206 22,021.056 125.017 22,874.072
202209 6,313.192 125.227 6,546.761
202212 2,965.185 125.222 3,075.003
202303 -5,999.535 127.348 -6,117.865
202306 -10,360.575 128.729 -10,451.586
202309 13,215.142 129.860 13,215.142

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


Bao Viet Securities JSC  (HSTC:BVS) 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.


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.


Bao Viet Securities JSC Cyclically Adjusted FCF per Share Related Terms

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


Bao Viet Securities JSC (HSTC:BVS) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Le Thai To, Hoan Kiem District, Hanoi, VNM
Bao Viet Securities JSC provides brokerage service, custodian service, proprietary trading, underwriting, corporate finance, and investment advisory service. It provides professional fiscal and investment services to domestic and foreign individuals and institutions, investment funds and banks.

Bao Viet Securities JSC (HSTC:BVS) Headlines

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