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First Busey (FRA:FBYN) Cyclically Adjusted FCF per Share : €2.86 (As of Mar. 2024)


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What is First Busey 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.

First Busey's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.587. 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 €2.86 for the trailing ten years ended in Mar. 2024.

During the past 12 months, First Busey's average Cyclically Adjusted FCF Growth Rate was -0.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -2.70% 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 First Busey was 10.70% per year. The lowest was -10.80% per year. And the median was -1.30% per year.

As of today (2024-06-05), First Busey's current stock price is €20.20. First Busey's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.86. First Busey's Cyclically Adjusted Price-to-FCF of today is 7.06.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of First Busey was 10.36. The lowest was 2.83. And the median was 7.43.


First Busey Cyclically Adjusted FCF per Share Historical Data

The historical data trend for First Busey'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.

First Busey Cyclically Adjusted FCF per Share Chart

First Busey 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 - 2.25 2.50 2.95 2.82

First Busey 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 2.82 2.91 2.90 2.82 2.86

Competitive Comparison of First Busey's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, First Busey'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.


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

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

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



First Busey 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, First Busey'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)
=0.587/131.7762*131.7762
=0.587

Current CPI (Mar. 2024) = 131.7762.

First Busey Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.104 100.560 0.136
201409 0.612 100.428 0.803
201412 0.587 99.070 0.781
201503 0.091 99.621 0.120
201506 0.339 100.684 0.444
201509 0.654 100.392 0.858
201512 0.699 99.792 0.923
201603 0.178 100.470 0.233
201606 -1.723 101.688 -2.233
201609 0.558 101.861 0.722
201612 0.208 101.863 0.269
201703 4.451 102.862 5.702
201706 -1.272 103.349 -1.622
201709 0.795 104.136 1.006
201712 1.688 104.011 2.139
201803 1.470 105.290 1.840
201806 0.244 106.317 0.302
201809 0.584 106.507 0.723
201812 0.969 105.998 1.205
201903 0.581 107.251 0.714
201906 -0.059 108.070 -0.072
201909 0.165 108.329 0.201
201912 0.545 108.420 0.662
202003 0.272 108.902 0.329
202006 0.571 108.767 0.692
202009 0.722 109.815 0.866
202012 0.909 109.897 1.090
202103 0.644 111.754 0.759
202106 0.516 114.631 0.593
202109 0.324 115.734 0.369
202112 0.918 117.630 1.028
202203 0.675 121.301 0.733
202206 0.493 125.017 0.520
202209 0.771 125.227 0.811
202212 0.788 125.222 0.829
202303 0.713 127.348 0.738
202306 0.619 128.729 0.634
202309 0.665 129.860 0.675
202312 0.704 129.419 0.717
202403 0.587 131.776 0.587

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


First Busey  (FRA:FBYN) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=20.20/2.86
=7.06

* 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 First Busey was 10.36. The lowest was 2.83. And the median was 7.43.


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.


First Busey Cyclically Adjusted FCF per Share Related Terms

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


First Busey (FRA:FBYN) Business Description

Industry
Traded in Other Exchanges
Address
100 W. University Avenue, Champaign, IL, USA, 61820
First Busey Corporation is a financial holding company, whose subsidiaries provides retail and commercial banking services, remittance processing, and offers financial products and services with banking centers in Illinois, Missouri, Florida, and Indiana. The company's operations are managed through three operating segments consisting of Banking, FirsTech, and Wealth Management. The banking segment generates a vast majority of its revenue.

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