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First International Bank of Israel (XTAE:FIBI) Cyclically Adjusted FCF per Share : ₪19.99 (As of Mar. 2024)


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What is First International Bank of Israel 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.

First International Bank of Israel's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₪-6.069. 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 ₪19.99 for the trailing ten years ended in Mar. 2024.

During the past 12 months, First International Bank of Israel's average Cyclically Adjusted FCF Growth Rate was -36.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -6.60% 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 First International Bank of Israel was -4.20% per year. The lowest was -6.60% per year. And the median was -5.40% per year.

As of today (2024-06-10), First International Bank of Israel's current stock price is ₪143.80. First International Bank of Israel's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₪19.99. First International Bank of Israel's Cyclically Adjusted Price-to-FCF of today is 7.19.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of First International Bank of Israel was 7.53. The lowest was 2.28. And the median was 4.70.


First International Bank of Israel Cyclically Adjusted FCF per Share Historical Data

The historical data trend for First International Bank of Israel'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.

First International Bank of Israel Cyclically Adjusted FCF per Share Chart

First International Bank of Israel 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 31.06 28.51 26.17 27.30 23.25

First International Bank of Israel 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 31.25 32.26 28.66 23.25 19.99

Competitive Comparison of First International Bank of Israel's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, First International Bank of Israel'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.


First International Bank of Israel's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First International Bank of Israel's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where First International Bank of Israel's Cyclically Adjusted Price-to-FCF falls into.



First International Bank of Israel 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, First International Bank of Israel'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)
=-6.069/131.7762*131.7762
=-6.069

Current CPI (Mar. 2024) = 131.7762.

First International Bank of Israel Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.950 100.560 -3.866
201409 -43.370 100.428 -56.908
201412 72.194 99.070 96.028
201503 13.210 99.621 17.474
201506 16.033 100.684 20.984
201509 19.260 100.392 25.281
201512 6.802 99.792 8.982
201603 -6.863 100.470 -9.001
201606 -5.950 101.688 -7.711
201609 -24.140 101.861 -31.230
201612 45.991 101.863 59.497
201703 13.061 102.862 16.732
201706 2.820 103.349 3.596
201709 -1.842 104.136 -2.331
201712 -7.595 104.011 -9.622
201803 5.170 105.290 6.471
201806 6.659 106.317 8.254
201809 5.384 106.507 6.661
201812 9.848 105.998 12.243
201903 17.186 107.251 21.116
201906 1.960 108.070 2.390
201909 5.367 108.329 6.529
201912 -18.788 108.420 -22.835
202003 6.164 108.902 7.459
202006 1.970 108.767 2.387
202009 -0.866 109.815 -1.039
202012 -2.641 109.897 -3.167
202103 1.007 111.754 1.187
202106 0.698 114.631 0.802
202109 -19.373 115.734 -22.058
202112 5.023 117.630 5.627
202203 2.373 121.301 2.578
202206 11.766 125.017 12.402
202209 10.963 125.227 11.536
202212 7.376 125.222 7.762
202303 8.942 127.348 9.253
202306 7.594 128.729 7.774
202309 7.109 129.860 7.214
202312 -12.230 129.419 -12.453
202403 -6.069 131.776 -6.069

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


First International Bank of Israel  (XTAE:FIBI) 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.

First International Bank of Israel's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=143.80/19.99
=7.19

* 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 First International Bank of Israel was 7.53. The lowest was 2.28. And the median was 4.70.


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.


First International Bank of Israel Cyclically Adjusted FCF per Share Related Terms

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


First International Bank of Israel (XTAE:FIBI) Business Description

Traded in Other Exchanges
N/A
Address
42, Rothschild Boulevard, Tel Aviv, ISR, 6688310
First International Bank of Israel Ltd is an Israel-based bank that primarily operates through six segments. The Corporate Banking segment focuses on providing financial services to large corporations in Israel. The Private Banking segment provides banking services to high-net-worth Israeli and foreign resident customers. The Commercial Banking segment serves middle-sized business clients. The Household segment provides relatively low cash volume services to private customers. The Small Business segment primarily serves small businesses. The Financial Management segment carries out asset and liability management activities and others. The company generates almost all of its interest and noninterest income from the Israeli domestic market.

First International Bank of Israel (XTAE:FIBI) Headlines

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