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Asia Commercial Joint Stock Bank (STC:ACB) Cyclically Adjusted Price-to-FCF : 6.78 (As of Jun. 06, 2024)


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What is Asia Commercial Joint Stock Bank Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Asia Commercial Joint Stock Bank's current share price is ₫24350.00. Asia Commercial Joint Stock Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₫3,591.08. Asia Commercial Joint Stock Bank's Cyclically Adjusted Price-to-FCF for today is 6.78.

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

STC:ACB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.06   Med: 8.86   Max: 21.19
Current: 6.82

During the past years, Asia Commercial Joint Stock Bank's highest Cyclically Adjusted Price-to-FCF was 21.19. The lowest was 6.06. And the median was 8.86.

STC:ACB's Cyclically Adjusted Price-to-FCF is ranked better than
54.24% of 826 companies
in the Banks industry
Industry Median: 7.3 vs STC:ACB: 6.82

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.

Asia Commercial Joint Stock Bank's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₫-1,430.466. 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 ₫3,591.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia Commercial Joint Stock Bank Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Asia Commercial Joint Stock 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.

Asia Commercial Joint Stock Bank Cyclically Adjusted Price-to-FCF Chart

Asia Commercial Joint Stock Bank Annual Data
Trend Dec14 Dec15 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 - - 10.79 7.04 5.73

Asia Commercial Joint Stock 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 8.21 6.22 6.15 5.73 6.90

Competitive Comparison of Asia Commercial Joint Stock Bank's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Asia Commercial Joint Stock 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.


Asia Commercial Joint Stock Bank's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Asia Commercial Joint Stock Bank's Cyclically Adjusted Price-to-FCF falls into.



Asia Commercial Joint Stock 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.

Asia Commercial Joint Stock Bank's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=24350.00/3591.08
=6.78

* 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.

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

For example, Asia Commercial Joint Stock 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)
=-1430.466/131.7762*131.7762
=-1,430.466

Current CPI (Mar. 2024) = 131.7762.

Asia Commercial Joint Stock Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 237.084 100.560 310.682
201409 1,184.456 100.428 1,554.182
201412 -942.411 99.070 -1,253.535
201503 1,370.982 99.621 1,813.499
201506 630.753 100.684 825.536
201509 -62.300 100.392 -81.776
201512 -668.925 99.792 -883.318
201603 354.083 100.470 464.413
201606 -1,549.235 101.688 -2,007.632
201609 656.573 101.861 849.400
201612 183.977 101.863 238.005
201703 -1,372.505 102.862 -1,758.309
201706 2,440.829 103.349 3,112.201
201709 -800.355 104.136 -1,012.792
201712 1,711.539 104.011 2,168.423
201803 3,454.328 105.290 4,323.301
201806 862.975 106.317 1,069.629
201809 1,535.472 106.507 1,899.774
201812 132.703 105.998 164.976
201903 3,289.625 107.251 4,041.886
201906 -202.583 108.070 -247.023
201909 -2,314.760 108.329 -2,815.766
201912 1,695.819 108.420 2,061.136
202003 1,799.174 108.902 2,177.090
202006 1,821.637 108.767 2,206.991
202009 -3,885.966 109.815 -4,663.100
202012 2,035.275 109.897 2,440.479
202103 262.002 111.754 308.942
202106 582.257 114.631 669.342
202109 3,546.183 115.734 4,037.718
202112 5,231.455 117.630 5,860.615
202203 -2,403.893 121.301 -2,611.486
202206 -927.721 125.017 -977.881
202209 -2,237.919 125.227 -2,354.968
202212 6,886.366 125.222 7,246.814
202303 -1,463.701 127.348 -1,514.600
202306 3,171.562 128.729 3,246.645
202309 1,121.653 129.860 1,138.208
202312 5,198.848 129.419 5,293.522
202403 -1,430.466 131.776 -1,430.466

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.


Asia Commercial Joint Stock Bank  (STC:ACB) 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.


Asia Commercial Joint Stock Bank Cyclically Adjusted Price-to-FCF Related Terms

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


Asia Commercial Joint Stock Bank (STC:ACB) Business Description

Traded in Other Exchanges
N/A
Address
442 Nguyen Thi Minh Khai, District 3, Ho Chi Minh, VNM
Asia Commercial Joint Stock Bank formerly Asia Commercial Bank together with its subsidiaries, provides banking services to individual and corporate customers. Its personal banking products and services include current and savings accounts; time deposits; consumption, and others. Geographically, the activities are carried out through Vietnam.