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BNCCORP (BNCCORP) Cyclically Adjusted FCF per Share : $8.48 (As of Dec. 2023)


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What is BNCCORP 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.

BNCCORP's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.955. 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 $8.48 for the trailing ten years ended in Dec. 2023.

During the past 12 months, BNCCORP's average Cyclically Adjusted FCF Growth Rate was -17.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 48.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.80% 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 BNCCORP was 48.30% per year. The lowest was -27.90% per year. And the median was 17.65% per year.

As of today (2024-04-30), BNCCORP's current stock price is $21.10. BNCCORP's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $8.48. BNCCORP's Cyclically Adjusted Price-to-FCF of today is 2.49.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BNCCORP was 18.85. The lowest was 2.24. And the median was 3.80.


BNCCORP Cyclically Adjusted FCF per Share Historical Data

The historical data trend for BNCCORP'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.

BNCCORP Cyclically Adjusted FCF per Share Chart

BNCCORP 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 3.71 2.60 8.66 10.27 8.48

BNCCORP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.27 9.19 8.87 8.85 8.48

Competitive Comparison of BNCCORP's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, BNCCORP'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.


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

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

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



BNCCORP 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, BNCCORP's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.955/129.4194*129.4194
=0.955

Current CPI (Dec. 2023) = 129.4194.

BNCCORP Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 2.307 99.695 2.995
201406 0.335 100.560 0.431
201409 1.022 100.428 1.317
201412 0.908 99.070 1.186
201503 -7.127 99.621 -9.259
201506 8.418 100.684 10.821
201509 4.321 100.392 5.570
201512 0.140 99.792 0.182
201603 -1.967 100.470 -2.534
201606 2.061 101.688 2.623
201609 -0.466 101.861 -0.592
201612 6.827 101.863 8.674
201703 5.544 102.862 6.975
201706 -1.788 103.349 -2.239
201709 2.894 104.136 3.597
201712 -0.525 104.011 -0.653
201803 4.015 105.290 4.935
201806 0.559 106.317 0.680
201809 0.424 106.507 0.515
201812 3.354 105.998 4.095
201903 -3.952 107.251 -4.769
201906 -3.180 108.070 -3.808
201909 -23.583 108.329 -28.174
201912 4.521 108.420 5.397
202003 -12.068 108.902 -14.342
202006 0.698 108.767 0.831
202009 -6.196 109.815 -7.302
202012 1.980 109.897 2.332
202103 24.897 111.754 28.832
202106 21.374 114.631 24.131
202109 2.500 115.734 2.796
202112 9.421 117.630 10.365
202203 5.233 121.301 5.583
202206 0.735 125.017 0.761
202209 3.919 125.227 4.050
202212 5.865 125.222 6.062
202303 -0.482 127.348 -0.490
202306 -6.943 128.729 -6.980
202309 19.335 129.860 19.269
202312 0.955 129.419 0.955

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


BNCCORP  (OTCPK:BNCC) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=21.10/8.48
=2.49

* 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 BNCCORP was 18.85. The lowest was 2.24. And the median was 3.80.


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.


BNCCORP Cyclically Adjusted FCF per Share Related Terms

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


BNCCORP (BNCCORP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
322 East Main Avenue, P.O. Box 4050, Bismarck, ND, USA, 58501
BNCCORP Inc is a bank holding company. The company operates in three segments: Community Banking, Mortgage Banking, and Holding company. It generates the majority of its revenue from the Community banking segment, which provides business & personal loans, commercial real estate loans, SBA loans, business & personal checking, saving products, cash management, wealth management, and retirement plan administration.
Executives
Bradley D Bonga director C/O BNCCORP, INC, 322 EAST MAIN STREET, BISMARCK ND 58501
Jerry R Woodcox director
Stephen H Roman director 322 EAST MAIN AVENUE, BISMARCK ND 58501
Timothy J Franz officer: Chief Financial Officer 322 EAST MAIN AVENUE, BISMARCK ND 58501
Johnsen Richard M Jr director
Gaylen A Ghylin director 322 EAST MAIN AVENUE, BISMARCK ND 58501
E Thomas Welch director, officer: Pres-BNC Natl Bank-Minnesota 11925 ST. ALBANS HOLLOW DRIVE, MINNETONKA MN 55305
Mark W Sheffert director 4700 IDS CENTER, 80 SOUTH 8TH STREET, MINNEAPOLIS MN 55402
Mark E Peiler officer: Chief Investment Officer
Dave Hoekstra officer: Chief Credit Officer 322 EAST MAIN AVENUE, BISMARCK ND 58501
Shawn Cleveland Goll officer: Chief Operating Officer
Neil M Brozen officer: SVP Trust & Financial Services 322 EAST MAIN AVENUE, BISMARCK ND 58501
Mark A Litton officer: Chief Credit Officer 322 EAST MAIN AVENUE, BISMARCK ND 58501
Jerry D Renk officer: President - North Dakota 322 EAST MAIN AVENUE, BISMARCK ND 58501
David A Zelinsky officer: President - Minnesota 322 EAST MAIN AVENUE, BISMARCK ND 58501