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Export Investment (XTAE:EXPO) Cyclically Adjusted FCF per Share : ₪16.39 (As of Dec. 2023)


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What is Export Investment 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.

Export Investment's adjusted free cash flow per share for the three months ended in Dec. 2023 was ₪67.577. 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 ₪16.39 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 (2024-06-10), Export Investment's current stock price is ₪44.67. Export Investment's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₪16.39. Export Investment's Cyclically Adjusted Price-to-FCF of today is 2.73.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Export Investment was 2.80. The lowest was 2.45. And the median was 2.64.


Export Investment Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Export Investment'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.

Export Investment Cyclically Adjusted FCF per Share Chart

Export Investment 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 - - - - 16.39

Export Investment 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 - - - - 16.39

Competitive Comparison of Export Investment's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Export Investment'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.


Export Investment's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Export Investment's Cyclically Adjusted Price-to-FCF falls into.



Export Investment 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, Export Investment'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)
=67.577/129.4194*129.4194
=67.577

Current CPI (Dec. 2023) = 129.4194.

Export Investment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 98.326 0.000
201406 -23.640 100.560 -30.425
201409 31.375 100.428 40.432
201412 37.825 99.070 49.413
201503 -14.211 99.621 -18.462
201506 -28.977 100.684 -37.247
201509 -8.381 100.392 -10.804
201512 -15.437 99.792 -20.020
201603 -23.966 100.470 -30.871
201606 18.972 101.688 24.146
201609 4.973 101.861 6.318
201612 18.682 101.863 23.736
201703 7.643 102.862 9.616
201706 -21.191 103.349 -26.537
201709 -41.330 104.136 -51.365
201712 82.743 104.011 102.956
201803 -0.035 105.290 -0.043
201806 -6.742 106.317 -8.207
201809 23.774 106.507 28.888
201812 27.587 105.998 33.683
201903 -10.194 107.251 -12.301
201906 15.467 108.070 18.523
201909 11.885 108.329 14.199
201912 3.502 108.420 4.180
202003 -8.787 108.902 -10.443
202006 3.833 108.767 4.561
202009 1.049 109.815 1.236
202012 7.322 109.897 8.623
202103 -7.411 111.754 -8.582
202106 2.102 114.631 2.373
202109 4.561 115.734 5.100
202112 8.552 117.630 9.409
202203 8.033 121.301 8.571
202206 -3.956 125.017 -4.095
202209 7.015 125.227 7.250
202212 0.211 125.222 0.218
202303 -23.650 127.348 -24.035
202306 8.481 128.729 8.527
202309 -26.411 129.860 -26.321
202312 67.577 129.419 67.577

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


Export Investment  (XTAE:EXPO) 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.

Export Investment's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=44.67/16.39
=2.73

* 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 11 years, the highest Cyclically Adjusted Price-to-FCF of Export Investment was 2.80. The lowest was 2.45. And the median was 2.64.


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.


Export Investment Cyclically Adjusted FCF per Share Related Terms

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


Export Investment (XTAE:EXPO) Business Description

Traded in Other Exchanges
N/A
Address
Shalom Tower, 9 Ehad Ha'am Street, Tel Aviv, ISR
Website
Export Investment Corp Ltd owns and operates Bank of Jerusalem. It provides commercial and international banking services. It offers real estate loans, mortgages, and financing of residential construction, among others.

Export Investment (XTAE:EXPO) Headlines