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Bank Hapoalim BM (XTAE:POLI) Cyclically Adjusted Price-to-FCF : 12.46 (As of Jun. 08, 2024)


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What is Bank Hapoalim BM Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Bank Hapoalim BM's current share price is ₪33.15. Bank Hapoalim BM's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₪2.66. Bank Hapoalim BM's Cyclically Adjusted Price-to-FCF for today is 12.46.

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

XTAE:POLI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.03   Med: 7.04   Max: 12.78
Current: 12.46

During the past years, Bank Hapoalim BM's highest Cyclically Adjusted Price-to-FCF was 12.78. The lowest was 5.03. And the median was 7.04.

XTAE:POLI's Cyclically Adjusted Price-to-FCF is ranked worse than
79.37% of 829 companies
in the Banks industry
Industry Median: 7.33 vs XTAE:POLI: 12.46

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.

Bank Hapoalim BM's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₪-4.975. 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 ₪2.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank Hapoalim BM Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bank Hapoalim BM'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.

Bank Hapoalim BM Cyclically Adjusted Price-to-FCF Chart

Bank Hapoalim BM 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 7.38 5.93 7.35 9.41 10.89

Bank Hapoalim BM 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 8.03 10.28 10.19 10.89 13.16

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

For the Banks - Regional subindustry, Bank Hapoalim BM'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.


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

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

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



Bank Hapoalim BM 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=33.15/2.66
=12.46

* 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.

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

For example, Bank Hapoalim BM'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)
=-4.975/131.7762*131.7762
=-4.975

Current CPI (Mar. 2024) = 131.7762.

Bank Hapoalim BM Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -6.850 100.560 -8.976
201409 7.118 100.428 9.340
201412 1.296 99.070 1.724
201503 2.358 99.621 3.119
201506 -4.036 100.684 -5.282
201509 1.997 100.392 2.621
201512 8.340 99.792 11.013
201603 -2.128 100.470 -2.791
201606 3.082 101.688 3.994
201609 -0.408 101.861 -0.528
201612 -0.659 101.863 -0.853
201703 2.335 102.862 2.991
201706 0.924 103.349 1.178
201709 1.558 104.136 1.972
201712 2.386 104.011 3.023
201803 -3.480 105.290 -4.355
201806 0.014 106.317 0.017
201809 4.794 106.507 5.931
201812 -2.426 105.998 -3.016
201903 3.228 107.251 3.966
201906 -0.763 108.070 -0.930
201909 1.671 108.329 2.033
201912 0.946 108.420 1.150
202003 -7.390 108.902 -8.942
202006 4.777 108.767 5.788
202009 -0.440 109.815 -0.528
202012 4.763 109.897 5.711
202103 1.760 111.754 2.075
202106 2.322 114.631 2.669
202109 -3.695 115.734 -4.207
202112 2.822 117.630 3.161
202203 2.215 121.301 2.406
202206 -4.248 125.017 -4.478
202209 1.451 125.227 1.527
202212 0.186 125.222 0.196
202303 -3.997 127.348 -4.136
202306 0.172 128.729 0.176
202309 0.305 129.860 0.310
202312 2.466 129.419 2.511
202403 -4.975 131.776 -4.975

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.


Bank Hapoalim BM  (XTAE:POLI) 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.


Bank Hapoalim BM Cyclically Adjusted Price-to-FCF Related Terms

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


Bank Hapoalim BM (XTAE:POLI) Business Description

Industry
Traded in Other Exchanges
Address
50 Rothschild Boulevard, Tel Aviv, ISR, 63432
Bank Hapoalim BM is an Israeli bank that operates hundreds of full-service retail branches focusing on households, small businesses, and private banking to high-net-worth individuals. The bank offers a range of banking and payments products, capital market and foreign trade facilities, and a full gamut of financial planning advisory services, including pension and retirement planning. Its private banking division offers wealth management services and has a global presence. Most of its net revenue is derived from net interest income in the corporate and household segments. The bank's strategy emphasizes its competitive positioning in Israel, diversification of revenue sources, operational efficiency, and financial technology.

Bank Hapoalim BM (XTAE:POLI) Headlines

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