GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » MNRB Holdings Bhd (XKLS:6459) » Definitions » Cyclically Adjusted FCF per Share

MNRB Holdings Bhd (XKLS:6459) Cyclically Adjusted FCF per Share : RM-0.06 (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is MNRB Holdings Bhd 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.

MNRB Holdings Bhd's adjusted free cash flow per share for the three months ended in Dec. 2023 was RM-0.024. 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 RM-0.06 for the trailing ten years ended in Dec. 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 (2024-06-08), MNRB Holdings Bhd's current stock price is RM2.37. MNRB Holdings Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was RM-0.06. MNRB Holdings Bhd's Cyclically Adjusted Price-to-FCF of today is .


MNRB Holdings Bhd Cyclically Adjusted FCF per Share Historical Data

The historical data trend for MNRB Holdings Bhd'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.

MNRB Holdings Bhd Cyclically Adjusted FCF per Share Chart

MNRB Holdings Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.05 -0.05

MNRB Holdings Bhd 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 -0.02 -0.05 -0.05 -0.05 -0.06

Competitive Comparison of MNRB Holdings Bhd's Cyclically Adjusted FCF per Share

For the Insurance - Reinsurance subindustry, MNRB Holdings Bhd'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.


MNRB Holdings Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, MNRB Holdings Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where MNRB Holdings Bhd's Cyclically Adjusted Price-to-FCF falls into.



MNRB Holdings Bhd 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, MNRB Holdings Bhd'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)
=-0.024/129.4194*129.4194
=-0.024

Current CPI (Dec. 2023) = 129.4194.

MNRB Holdings Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.054 99.695 -0.070
201406 0.154 100.560 0.198
201409 0.000 100.428 0.000
201412 -0.023 99.070 -0.030
201503 0.098 99.621 0.127
201506 -0.006 100.684 -0.008
201509 0.007 100.392 0.009
201512 0.003 99.792 0.004
201603 0.262 100.470 0.337
201606 -0.132 101.688 -0.168
201609 -0.026 101.861 -0.033
201612 -0.113 101.863 -0.144
201703 0.104 102.862 0.131
201706 -0.018 103.349 -0.023
201709 0.014 104.136 0.017
201712 0.003 104.011 0.004
201803 0.136 105.290 0.167
201806 -0.121 106.317 -0.147
201809 0.053 106.507 0.064
201812 -0.916 105.998 -1.118
201903 -0.103 107.251 -0.124
201906 -0.019 108.070 -0.023
201909 0.075 108.329 0.090
201912 -0.042 108.420 -0.050
202003 0.044 108.902 0.052
202006 0.059 108.767 0.070
202009 -0.094 109.815 -0.111
202012 0.200 109.897 0.236
202103 -0.087 111.754 -0.101
202106 -0.024 114.631 -0.027
202109 0.009 115.734 0.010
202112 0.143 117.630 0.157
202203 0.061 121.301 0.065
202206 -0.004 125.017 -0.004
202209 -0.008 125.227 -0.008
202212 0.047 125.222 0.049
202303 -0.264 127.348 -0.268
202306 -0.065 128.729 -0.065
202309 0.130 129.860 0.130
202312 -0.024 129.419 -0.024

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


MNRB Holdings Bhd  (XKLS:6459) 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.


MNRB Holdings Bhd Cyclically Adjusted FCF per Share Related Terms

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


MNRB Holdings Bhd (XKLS:6459) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 17, Lorong Dungun, 12th Floor, Bangunan Malaysian Re, Damansara Heights, Kuala Lumpur, MYS, 50490
MNRB Holdings Bhd is engaged in the provision of management services to its subsidiaries. The group is a reinsurance provider as per the retakaful and takaful system according to sharia law. It comprises wholesale providers of reinsurance and retakaful as well as a takaful operator. The reinsurance services are provided in the areas of fire, marine, motor, miscellaneous, and family retakaful. The company is also engaged in investment holding business and mainly operates in Malaysia and United Arab Emirates. The segments of the company are Investment holding, Reinsurance business, Takaful operator, Retakaful operator and Others, of which key revenue is derived from the Reinsurance business segment.

MNRB Holdings Bhd (XKLS:6459) Headlines

No Headlines