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BankUnited (BankUnited) Cyclically Adjusted FCF per Share : $7.14 (As of Mar. 2024)


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What is BankUnited 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.

BankUnited's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.903. 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 $7.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, BankUnited's average Cyclically Adjusted FCF Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 72.60% 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 BankUnited was 72.60% per year. The lowest was 72.60% per year. And the median was 72.60% per year.

As of today (2024-05-01), BankUnited's current stock price is $26.73. BankUnited's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $7.14. BankUnited's Cyclically Adjusted Price-to-FCF of today is 3.74.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BankUnited was 206.64. The lowest was 2.74. And the median was 11.08.


BankUnited Cyclically Adjusted FCF per Share Historical Data

The historical data trend for BankUnited'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.

BankUnited Cyclically Adjusted FCF per Share Chart

BankUnited 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 -0.19 1.36 3.18 5.57 6.99

BankUnited 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 5.97 6.45 6.87 6.99 7.14

Competitive Comparison of BankUnited's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, BankUnited'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.


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

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

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



BankUnited 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, BankUnited'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)
=0.903/129.4194*129.4194
=0.903

Current CPI (Mar. 2024) = 129.4194.

BankUnited Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.295 100.560 -0.380
201409 -0.431 100.428 -0.555
201412 -0.542 99.070 -0.708
201503 -0.285 99.621 -0.370
201506 -0.212 100.684 -0.273
201509 0.575 100.392 0.741
201512 0.229 99.792 0.297
201603 0.537 100.470 0.692
201606 0.770 101.688 0.980
201609 0.381 101.861 0.484
201612 0.434 101.863 0.551
201703 0.077 102.862 0.097
201706 0.647 103.349 0.810
201709 0.729 104.136 0.906
201712 0.614 104.011 0.764
201803 1.171 105.290 1.439
201806 0.471 106.317 0.573
201809 0.890 106.507 1.081
201812 3.644 105.998 4.449
201903 0.675 107.251 0.815
201906 1.393 108.070 1.668
201909 1.838 108.329 2.196
201912 2.108 108.420 2.516
202003 0.684 108.902 0.813
202006 2.821 108.767 3.357
202009 3.437 109.815 4.051
202012 2.504 109.897 2.949
202103 3.779 111.754 4.376
202106 2.076 114.631 2.344
202109 4.064 115.734 4.545
202112 3.221 117.630 3.544
202203 5.450 121.301 5.815
202206 7.534 125.017 7.799
202209 3.393 125.227 3.507
202212 -0.308 125.222 -0.318
202303 1.910 127.348 1.941
202306 3.844 128.729 3.865
202309 2.306 129.860 2.298
202312 0.871 129.419 0.871
202403 0.903 129.419 0.903

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


BankUnited  (NYSE:BKU) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=26.73/7.14
=3.74

* 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 BankUnited was 206.64. The lowest was 2.74. And the median was 11.08.


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.


BankUnited Cyclically Adjusted FCF per Share Related Terms

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


BankUnited (BankUnited) Business Description

Industry
Traded in Other Exchanges
N/A
Address
14817 Oak Lane, Miami Lakes, FL, USA, 33016
BankUnited Inc is a bank holding company with one wholly owned subsidiary, BankUnited. The bank provides a full range of banking services through banking centers located primarily throughout Florida, as well as New York City. BankUnited is a commercially focused regional bank focusing on small and middle-market businesses, but also provides certain commercial lending and deposit products on a national platform. It has historically grown through organic growth. BankUnited was established by a group of investors who acquired the assets and most of the liabilities of its predecessor from the Federal Deposit Insurance Corporation. The group recapitalized BankUnited with an investment of over $900 million. most of its revenue comprises net interest income derived mostly from loans.
Executives
Germaine Smith-baugh director C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Kevin A. Malcolm other: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
A. Gail Prudenti director C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Jay D. Richards officer: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
John N. Digiacomo director C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Douglas J Pauls officer: Chief Financial Officer C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Sanjiv Sobti director C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Rishi Bansal other: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Rajinder P Singh officer: Chief Operating Officer C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Leslie Lunak officer: Chief Financial Officer C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Michael R. Alford officer: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
William S. Rubenstein director C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Mark Bagnoli officer: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Thomas M. Cornish officer: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Jeffrey Starr officer: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016

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