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Hingham Institution forvings (FRA:HS3) Cyclically Adjusted FCF per Share : €16.41 (As of Mar. 2024)


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What is Hingham Institution forvings 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.

Hingham Institution forvings's adjusted free cash flow per share for the three months ended in Mar. 2024 was €1.562. 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 €16.41 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hingham Institution forvings's average Cyclically Adjusted FCF Growth Rate was 6.00% 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 Hingham Institution forvings was 19.30% per year. The lowest was 7.40% per year. And the median was 11.60% per year.

As of today (2024-05-27), Hingham Institution forvings's current stock price is €153.00. Hingham Institution forvings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €16.41. Hingham Institution forvings's Cyclically Adjusted Price-to-FCF of today is 9.32.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hingham Institution forvings was 29.67. The lowest was 8.66. And the median was 19.26.


Hingham Institution forvings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hingham Institution forvings'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.

Hingham Institution forvings Cyclically Adjusted FCF per Share Chart

Hingham Institution forvings 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 - - 12.18 15.83 -

Hingham Institution forvings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 15.83 15.63 15.85 - 16.41

Competitive Comparison of Hingham Institution forvings's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Hingham Institution forvings'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.


Hingham Institution forvings's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Hingham Institution forvings 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, Hingham Institution forvings'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)
=1.562/131.7762*131.7762
=1.562

Current CPI (Mar. 2024) = 131.7762.

Hingham Institution forvings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 2.595 99.695 3.430
201406 -0.046 100.560 -0.060
201409 1.905 100.428 2.500
201412 2.000 99.070 2.660
201503 2.896 99.621 3.831
201506 1.034 100.684 1.353
201509 1.758 100.392 2.308
201512 2.626 99.792 3.468
201603 3.349 100.470 4.393
201606 1.214 101.688 1.573
201609 2.745 101.861 3.551
201612 3.278 101.863 4.241
201703 3.809 102.862 4.880
201706 1.394 103.349 1.777
201709 2.750 104.136 3.480
201712 2.995 104.011 3.794
201803 3.716 105.290 4.651
201806 2.099 106.317 2.602
201809 3.789 106.507 4.688
201812 3.894 105.998 4.841
201903 3.664 107.251 4.502
201906 2.197 108.070 2.679
201909 4.428 108.329 5.386
201912 3.324 108.420 4.040
202003 3.812 108.902 4.613
202006 5.684 108.767 6.886
202009 2.971 109.815 3.565
202012 4.993 109.897 5.987
202103 5.274 111.754 6.219
202106 4.509 114.631 5.183
202109 5.920 115.734 6.741
202112 6.552 117.630 7.340
202203 7.614 121.301 8.272
202206 4.543 125.017 4.789
202209 6.807 125.227 7.163
202212 4.041 125.222 4.253
202303 1.690 127.348 1.749
202306 1.565 128.729 1.602
202312 0.000 129.419 0.000
202403 1.562 131.776 1.562

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


Hingham Institution forvings  (FRA:HS3) 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.

Hingham Institution forvings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=153.00/16.41
=9.32

* 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 Hingham Institution forvings was 29.67. The lowest was 8.66. And the median was 19.26.


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.


Hingham Institution forvings Cyclically Adjusted FCF per Share Related Terms

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


Hingham Institution forvings (FRA:HS3) Business Description

Traded in Other Exchanges
Address
55 Main Street, Hingham, MA, USA, 02043
Hingham Institution for Savings is a savings bank based in Hingham, Massachusetts and is involved in the business of residential and commercial real estate mortgage lending and also financial and banking services. The bank's financial services include personal checking accounts, personal mortgages, home equity lines of credit, money market accounts, savings accounts, certificates of deposit and business checking accounts. Its lending portfolio mainly encompasses commercial real estate, residential owner occupied real estate and loans for construction of residential real estate.

Hingham Institution forvings (FRA:HS3) Headlines

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