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Stopanska banka AD Skopje (XMAE:STB) Cyclically Adjusted FCF per Share : MKD-16.65 (As of Mar. 2024)


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What is Stopanska banka AD Skopje 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.

Stopanska banka AD Skopje's adjusted free cash flow per share for the three months ended in Mar. 2024 was MKD-94.947. 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 MKD-16.65 for the trailing ten years ended in Mar. 2024.

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 (2024-06-04), Stopanska banka AD Skopje's current stock price is MKD1580.00. Stopanska banka AD Skopje's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was MKD-16.65. Stopanska banka AD Skopje's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Stopanska banka AD Skopje was 235.60. The lowest was 191.82. And the median was 202.88.


Stopanska banka AD Skopje Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Stopanska banka AD Skopje'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.

Stopanska banka AD Skopje Cyclically Adjusted FCF per Share Chart

Stopanska banka AD Skopje 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 - - 6.75 -16.68 -3.64

Stopanska banka AD Skopje 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 -39.24 -16.11 -17.99 -3.64 -16.65

Competitive Comparison of Stopanska banka AD Skopje's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Stopanska banka AD Skopje'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.


Stopanska banka AD Skopje's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Stopanska banka AD Skopje's Cyclically Adjusted Price-to-FCF falls into.



Stopanska banka AD Skopje 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, Stopanska banka AD Skopje'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)
=-94.947/131.7762*131.7762
=-94.947

Current CPI (Mar. 2024) = 131.7762.

Stopanska banka AD Skopje Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 98.326 0.000
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 0.000 99.792 0.000
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 0.000 101.863 0.000
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 0.000 104.011 0.000
201806 0.000 106.317 0.000
201809 0.000 106.507 0.000
201812 0.000 105.998 0.000
201906 0.000 108.070 0.000
201909 0.000 108.329 0.000
201912 0.000 108.420 0.000
202003 -162.365 108.902 -196.470
202006 -24.059 108.767 -29.148
202009 36.106 109.815 43.327
202012 198.718 109.897 238.281
202103 -44.750 111.754 -52.767
202106 -138.808 114.631 -159.569
202109 -23.815 115.734 -27.116
202112 194.321 117.630 217.691
202203 -278.447 121.301 -302.493
202206 -176.977 125.017 -186.546
202209 194.902 125.227 205.096
202212 146.933 125.222 154.624
202303 -161.060 127.348 -166.661
202306 146.683 128.729 150.156
202309 -30.207 129.860 -30.653
202312 113.106 129.419 115.166
202403 -94.947 131.776 -94.947

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


Stopanska banka AD Skopje  (XMAE:STB) 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 Stopanska banka AD Skopje was 235.60. The lowest was 191.82. And the median was 202.88.


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.


Stopanska banka AD Skopje Cyclically Adjusted FCF per Share Related Terms

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


Stopanska banka AD Skopje (XMAE:STB) Business Description

Traded in Other Exchanges
Address
Street 11 October 7, Skopje, MKD, 1000
Stopanska banka AD Skopje operates as a bank in Macedonia providing financial products and services for retail and corporate segment operation. The bank provides various types of loan, deposit as well as a variety of other traditional services, deposit accounts, loans, foreign exchange and trade service, safekeeping and administration of financial instruments for clients, including custodianship and related services and own portfolio management bonds investment portfolio to individuals, large, medium-sized and small companies. The bank operates its business in three segments Retail banking, Corporate banking, and Investment banking and generates revenues from interest income and commission income.

Stopanska banka AD Skopje (XMAE:STB) Headlines