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Bank of Hawaii (FRA:PIV) Cyclically Adjusted FCF per Share : €5.75 (As of Mar. 2024)


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What is Bank of Hawaii 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.

Bank of Hawaii's adjusted free cash flow per share for the three months ended in Mar. 2024 was €1.253. 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 €5.75 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bank of Hawaii's average Cyclically Adjusted FCF Growth Rate was 1.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 2.50% 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 Bank of Hawaii was 37.20% per year. The lowest was -6.60% per year. And the median was 6.30% per year.

As of today (2024-05-19), Bank of Hawaii's current stock price is €54.50. Bank of Hawaii's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €5.75. Bank of Hawaii's Cyclically Adjusted Price-to-FCF of today is 9.48.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bank of Hawaii was 19.23. The lowest was 5.43. And the median was 13.70.


Bank of Hawaii Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Bank of Hawaii'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.

Bank of Hawaii Cyclically Adjusted FCF per Share Chart

Bank of Hawaii 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 4.56 4.01 5.06 5.82 5.63

Bank of Hawaii 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 5.70 5.63 5.77 5.63 5.75

Competitive Comparison of Bank of Hawaii's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Bank of Hawaii'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.


Bank of Hawaii's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Bank of Hawaii 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, Bank of Hawaii'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)
=1.253/131.7762*131.7762
=1.253

Current CPI (Mar. 2024) = 131.7762.

Bank of Hawaii Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.345 100.560 0.452
201409 1.008 100.428 1.323
201412 1.304 99.070 1.734
201503 0.774 99.621 1.024
201506 1.526 100.684 1.997
201509 1.022 100.392 1.342
201512 1.251 99.792 1.652
201603 0.800 100.470 1.049
201606 0.637 101.688 0.825
201609 0.941 101.861 1.217
201612 2.155 101.863 2.788
201703 0.810 102.862 1.038
201706 1.007 103.349 1.284
201709 0.780 104.136 0.987
201712 0.394 104.011 0.499
201803 1.250 105.290 1.564
201806 0.905 106.317 1.122
201809 1.576 106.507 1.950
201812 2.024 105.998 2.516
201903 0.119 107.251 0.146
201906 1.482 108.070 1.807
201909 0.865 108.329 1.052
201912 1.523 108.420 1.851
202003 -0.396 108.902 -0.479
202006 0.742 108.767 0.899
202009 0.983 109.815 1.180
202012 1.052 109.897 1.261
202103 3.747 111.754 4.418
202106 0.471 114.631 0.541
202109 2.639 115.734 3.005
202112 0.638 117.630 0.715
202203 0.821 121.301 0.892
202206 2.586 125.017 2.726
202209 2.515 125.227 2.647
202212 1.433 125.222 1.508
202303 -0.786 127.348 -0.813
202306 0.206 128.729 0.211
202309 3.410 129.860 3.460
202312 0.505 129.419 0.514
202403 1.253 131.776 1.253

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


Bank of Hawaii  (FRA:PIV) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=54.50/5.75
=9.48

* 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 Bank of Hawaii was 19.23. The lowest was 5.43. And the median was 13.70.


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.


Bank of Hawaii Cyclically Adjusted FCF per Share Related Terms

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


Bank of Hawaii (FRA:PIV) Business Description

Industry
Traded in Other Exchanges
Address
130 Merchant Street, Honolulu, HI, USA, 96813
Bank of Hawaii Corp provides a broad range of financial products and services primarily to customers in Hawaii, Guam, and other Pacific Islands. The Bank's subsidiaries are engaged in equipment leasing, securities brokerage, investment advisory services, and providing credit insurance. It is organized into three business segments for management reporting purposes: Consumer Banking, Commercial Banking, and Treasury and Other.

Bank of Hawaii (FRA:PIV) Headlines

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