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SB Financial Group (FRA:9KH) Cyclically Adjusted FCF per Share : €1.94 (As of Mar. 2024)


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What is SB Financial Group 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.

SB Financial Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.020. 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 €1.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SB Financial Group's average Cyclically Adjusted FCF Growth Rate was 2.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 10.10% 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 SB Financial Group was 16.70% per year. The lowest was -5.10% per year. And the median was 8.10% per year.

As of today (2024-06-10), SB Financial Group's current stock price is €12.40. SB Financial Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.94. SB Financial Group's Cyclically Adjusted Price-to-FCF of today is 6.39.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SB Financial Group was 23.92. The lowest was 5.49. And the median was 10.17.


SB Financial Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SB Financial Group'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.

SB Financial Group Cyclically Adjusted FCF per Share Chart

SB Financial Group 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 - 1.38 1.57 1.93 1.81

SB Financial Group 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 1.85 1.95 1.90 1.81 1.94

Competitive Comparison of SB Financial Group's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, SB Financial Group'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.


SB Financial Group's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



SB Financial Group 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, SB Financial Group'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)
=0.02/131.7762*131.7762
=0.020

Current CPI (Mar. 2024) = 131.7762.

SB Financial Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.090 100.560 0.118
201409 0.393 100.428 0.516
201412 0.609 99.070 0.810
201503 -0.420 99.621 -0.556
201506 -0.011 100.684 -0.014
201509 0.478 100.392 0.627
201512 0.128 99.792 0.169
201603 0.398 100.470 0.522
201606 0.096 101.688 0.124
201609 0.562 101.861 0.727
201612 0.634 101.863 0.820
201703 -0.076 102.862 -0.097
201706 -0.299 103.349 -0.381
201709 0.431 104.136 0.545
201712 0.694 104.011 0.879
201803 0.322 105.290 0.403
201806 0.811 106.317 1.005
201809 -0.548 106.507 -0.678
201812 0.663 105.998 0.824
201903 0.380 107.251 0.467
201906 -0.381 108.070 -0.465
201909 0.176 108.329 0.214
201912 1.652 108.420 2.008
202003 -0.593 108.902 -0.718
202006 0.484 108.767 0.586
202009 0.501 109.815 0.601
202012 1.909 109.897 2.289
202103 -0.114 111.754 -0.134
202106 0.142 114.631 0.163
202109 0.448 115.734 0.510
202112 1.593 117.630 1.785
202203 -0.241 121.301 -0.262
202206 0.600 125.017 0.632
202209 1.272 125.227 1.339
202212 1.637 125.222 1.723
202303 -0.597 127.348 -0.618
202306 0.408 128.729 0.418
202309 1.071 129.860 1.087
202312 0.885 129.419 0.901
202403 0.020 131.776 0.020

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


SB Financial Group  (FRA:9KH) 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.

SB Financial Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=12.40/1.94
=6.39

* 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 SB Financial Group was 23.92. The lowest was 5.49. And the median was 10.17.


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.


SB Financial Group Cyclically Adjusted FCF per Share Related Terms

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


SB Financial Group (FRA:9KH) Business Description

Industry
Traded in Other Exchanges
Address
401 Clinton Street, P.O. Box 467, Defiance, OH, USA, 43512
SB Financial Group Inc operates as a Holding Company of State Bank and RDSI/DCM. Its activities involve commercial banking, trust, and financial services. It offers a full-range of financial services for consumers and small businesses, including trust services, mortgage banking, wealth management services, commercial and agricultural lending. It accepts deposits, such as checking accounts, savings accounts, money market accounts, demand deposits, and time certificates of deposit. It earns revenue in the form of interest income.

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