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DFCC Bank (COL:DFCC.N0000) Cyclically Adjusted Price-to-FCF : 3.70 (As of May. 26, 2024)


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What is DFCC Bank Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), DFCC Bank's current share price is රු80.00. DFCC Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was රු21.65. DFCC Bank's Cyclically Adjusted Price-to-FCF for today is 3.70.

The historical rank and industry rank for DFCC Bank's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

COL:DFCC.N0000' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.35   Med: 7.6   Max: 24.47
Current: 3.69

During the past years, DFCC Bank's highest Cyclically Adjusted Price-to-FCF was 24.47. The lowest was 3.35. And the median was 7.60.

COL:DFCC.N0000's Cyclically Adjusted Price-to-FCF is ranked better than
76.23% of 833 companies
in the Banks industry
Industry Median: 7.38 vs COL:DFCC.N0000: 3.69

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.

DFCC Bank's adjusted free cash flow per share data for the three months ended in Mar. 2024 was රු47.655. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is රු21.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DFCC Bank Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for DFCC Bank's Cyclically Adjusted Price-to-FCF 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.

DFCC Bank Cyclically Adjusted Price-to-FCF Chart

DFCC Bank Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 12.32 3.77

DFCC Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 6.64 5.15 7.94 3.77 3.51

Competitive Comparison of DFCC Bank's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, DFCC Bank'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.


DFCC Bank's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



DFCC Bank Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

DFCC Bank's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=80.00/21.65
=3.70

* 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.

DFCC Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, DFCC Bank'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)
=47.655/131.7762*131.7762
=47.655

Current CPI (Mar. 2024) = 131.7762.

DFCC Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.190 100.560 2.870
201409 -36.285 100.428 -47.611
201412 -11.544 99.070 -15.355
201503 12.272 99.621 16.233
201506 -19.279 100.684 -25.233
201509 -11.902 100.392 -15.623
201512 -1.004 99.792 -1.326
201603 -11.023 100.470 -14.458
201606 -9.903 101.688 -12.833
201609 7.658 101.861 9.907
201612 -4.379 101.863 -5.665
201703 13.631 102.862 17.463
201706 14.682 103.349 18.720
201709 59.086 104.136 74.769
201712 -22.602 104.011 -28.635
201803 -26.729 105.290 -33.453
201806 -24.128 106.317 -29.906
201809 56.548 106.507 69.964
201812 53.070 105.998 65.976
201903 -16.757 107.251 -20.589
201906 45.104 108.070 54.998
201909 -126.931 108.329 -154.404
201912 47.830 108.420 58.134
202003 -29.674 108.902 -35.907
202006 72.859 108.767 88.272
202009 10.779 109.815 12.935
202012 32.602 109.897 39.093
202103 -33.497 111.754 -39.498
202106 -4.537 114.631 -5.216
202109 -38.754 115.734 -44.126
202112 -113.385 117.630 -127.021
202203 14.537 121.301 15.792
202206 -1.314 125.017 -1.385
202209 -5.387 125.227 -5.669
202212 114.228 125.222 120.207
202303 42.369 127.348 43.842
202306 25.266 128.729 25.864
202309 17.979 129.860 18.244
202312 78.068 129.419 79.490
202403 47.655 131.776 47.655

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


DFCC Bank  (COL:DFCC.N0000) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


DFCC Bank Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of DFCC Bank's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


DFCC Bank (COL:DFCC.N0000) Business Description

Industry
Traded in Other Exchanges
N/A
Address
73/5, Galle Road, Colombo, LKA, 03
DFCC Bank PLC is a development bank operating along with its subsidiary and venture company in Sri Lanka that operates in four segments; Corporate Banking includes Loans deposits and other transactions and balances with corporate customers, Retail Banking includes Loans, deposits, and other transactions and balances with retail customers, The Treasury segment includes Funding and centralized risk management activities through borrowings, issues of debt securities, use of derivatives for risk management purposes and investing in short-term placements and corporate and government debt securities, and Other segment includes Revenue and expenses attributable to the incorporated business segments of industrial estate management, unit trust management, stock brokering, and consultancy services.

DFCC Bank (COL:DFCC.N0000) Headlines

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