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CSB Bancorp (CSB Bancorp) Cyclically Adjusted FCF per Share : $4.35 (As of Mar. 2024)


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What is CSB Bancorp 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.

CSB Bancorp's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.160. 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 $4.35 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CSB Bancorp's average Cyclically Adjusted FCF Growth Rate was 9.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 12.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 9.10% 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 CSB Bancorp was 13.30% per year. The lowest was 4.60% per year. And the median was 7.20% per year.

As of today (2024-05-25), CSB Bancorp's current stock price is $38.82. CSB Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $4.35. CSB Bancorp's Cyclically Adjusted Price-to-FCF of today is 8.92.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CSB Bancorp was 19.41. The lowest was 8.58. And the median was 11.89.


CSB Bancorp Cyclically Adjusted FCF per Share Historical Data

The historical data trend for CSB Bancorp'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.

CSB Bancorp Cyclically Adjusted FCF per Share Chart

CSB Bancorp 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 2.73 2.95 3.40 3.85 4.29

CSB Bancorp 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 3.98 4.06 4.11 4.29 4.35

Competitive Comparison of CSB Bancorp's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, CSB Bancorp'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.


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

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

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



CSB Bancorp 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, CSB Bancorp'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)
=0.16/131.7762*131.7762
=0.160

Current CPI (Mar. 2024) = 131.7762.

CSB Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.469 100.560 0.615
201409 0.973 100.428 1.277
201412 0.738 99.070 0.982
201503 0.380 99.621 0.503
201506 0.781 100.684 1.022
201509 0.563 100.392 0.739
201512 0.847 99.792 1.118
201603 0.486 100.470 0.637
201606 0.338 101.688 0.438
201609 1.043 101.861 1.349
201612 0.146 101.863 0.189
201703 1.564 102.862 2.004
201706 -0.570 103.349 -0.727
201709 0.465 104.136 0.588
201712 1.323 104.011 1.676
201803 0.790 105.290 0.989
201806 0.446 106.317 0.553
201809 1.412 106.507 1.747
201812 1.341 105.998 1.667
201903 0.336 107.251 0.413
201906 0.561 108.070 0.684
201909 1.074 108.329 1.306
201912 1.351 108.420 1.642
202003 0.710 108.902 0.859
202006 1.724 108.767 2.089
202009 0.383 109.815 0.460
202012 1.567 109.897 1.879
202103 1.003 111.754 1.183
202106 0.622 114.631 0.715
202109 1.082 115.734 1.232
202112 2.024 117.630 2.267
202203 0.295 121.301 0.320
202206 1.439 125.017 1.517
202209 1.460 125.227 1.536
202212 1.970 125.222 2.073
202303 1.023 127.348 1.059
202306 1.195 128.729 1.223
202309 0.677 129.860 0.687
202312 2.781 129.419 2.832
202403 0.160 131.776 0.160

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


CSB Bancorp  (OTCPK:CSBB) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=38.82/4.35
=8.92

* 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 CSB Bancorp was 19.41. The lowest was 8.58. And the median was 11.89.


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.


CSB Bancorp Cyclically Adjusted FCF per Share Related Terms

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


CSB Bancorp (CSB Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
91 North Clay Street, P.O. Box 232, Millersburg, OH, USA, 44654
CSB Bancorp Inc is a registered financial holding company that operates through the Bank and CSB Investment Services LLC, providing a wide range of banking, trust, financial, and brokerage services to corporate, institutional, and individual customers throughout northeast Ohio. The Bank provides retail and commercial banking services to its customers, including checking and savings accounts, time deposits, IRAs, safe deposit facilities, personal loans, commercial loans, real estate mortgage loans, installment loans, night depository facilities, brokerage, and trust services. The Bank provides residential real estate, commercial real estate, and commercial, and consumer loans to customers located in Holmes, Stark, Tuscarawas, Wayne, and portions of surrounding counties in Ohio.
Executives
Eddie L Steiner director 14950 HACKETT ROAD, APPLE CREEK OH 44606
Brett A. Gallion officer: SVP/COO/CIO 91 N. CLAY STREET, MILLERSBURG OH 44654
Julian L Coblentz director 91 NORTH CLAY STREET, MILLERSBURG OH 44654
Vikki G Briggs director 91 N CLAY STREET, MILLERSBURG OH 44654
Robert K Baker director, other: Chairman of the Board P.O. BOX 913, KILLBUCK OH 44637
Cheryl M Kirkbride director 91 N CLAY STREET, MILLERSBURG OH 44654
Jeffery A Robb director 4700 JAEGER DR, THORNVILLE OH 43076
Daniel J Miller director P.O. BOX 143, WALNUT CREEK OH 44687
John R Waltman director 24 HILLSIDE DRIVE, MILLERSBURG OH 44654
Margaret L Conn officer: Corporate Secretary 105 MARK AVENUE, KILLBUCK OH 44637
Steven R Bailey officer: SVP/COO/CIO 91 NORTH CLAY STREET, MILLERSBURG OH 44654
J Thomas Lang director 7109 STATE ROUTE 514, BIG PRAIRIE OH 44611
Manning William R Jr officer: SVP/COO/CIO 91 NORTH CLAY STREET, MILLERSBURG OH 44654
Paula J Meiler officer: Senior Vice President 30186 MOUNTZ RD, SALEM OH 44460
A Lee Miller officer: Senior Vice President 5046 TOWNSHIP ROAD 376, MILLERSBURG OH 44654

CSB Bancorp (CSB Bancorp) Headlines