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Northfield Bancorp (Northfield Bancorp) Cyclically Adjusted FCF per Share : $1.18 (As of Dec. 2023)


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What is Northfield 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.

Northfield Bancorp's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.298. 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 $1.18 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Northfield Bancorp's average Cyclically Adjusted FCF Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 13.40% 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 Northfield Bancorp was 16.60% per year. The lowest was 7.50% per year. And the median was 14.25% per year.

As of today (2024-04-29), Northfield Bancorp's current stock price is $8.50. Northfield Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.18. Northfield Bancorp's Cyclically Adjusted Price-to-FCF of today is 7.20.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Northfield Bancorp was 45.56. The lowest was 7.09. And the median was 23.21.


Northfield Bancorp Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Northfield 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.

Northfield Bancorp Cyclically Adjusted FCF per Share Chart

Northfield 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 0.73 0.79 0.92 1.10 1.18

Northfield 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 1.13 1.15 1.17 1.18 -

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

For the Banks - Regional subindustry, Northfield 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.


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

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

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



Northfield 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, Northfield Bancorp's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.298/129.4194*129.4194
=0.298

Current CPI (Dec. 2023) = 129.4194.

Northfield Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.120 99.695 0.156
201406 0.050 100.560 0.064
201409 0.162 100.428 0.209
201412 0.172 99.070 0.225
201503 0.213 99.621 0.277
201506 0.097 100.684 0.125
201509 0.237 100.392 0.306
201512 0.178 99.792 0.231
201603 0.123 100.470 0.158
201606 0.138 101.688 0.176
201609 0.242 101.861 0.307
201612 0.299 101.863 0.380
201703 0.206 102.862 0.259
201706 0.209 103.349 0.262
201709 0.298 104.136 0.370
201712 0.174 104.011 0.217
201803 0.283 105.290 0.348
201806 0.253 106.317 0.308
201809 0.321 106.507 0.390
201812 0.203 105.998 0.248
201903 0.196 107.251 0.237
201906 0.109 108.070 0.131
201909 0.358 108.329 0.428
201912 0.346 108.420 0.413
202003 0.237 108.902 0.282
202006 0.293 108.767 0.349
202009 0.058 109.815 0.068
202012 0.481 109.897 0.566
202103 0.401 111.754 0.464
202106 0.082 114.631 0.093
202109 0.374 115.734 0.418
202112 0.441 117.630 0.485
202203 0.408 121.301 0.435
202206 0.417 125.017 0.432
202209 0.378 125.227 0.391
202212 0.538 125.222 0.556
202303 0.379 127.348 0.385
202306 0.056 128.729 0.056
202309 0.260 129.860 0.259
202312 0.298 129.419 0.298

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


Northfield Bancorp  (NAS:NFBK) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8.50/1.18
=7.20

* 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 Northfield Bancorp was 45.56. The lowest was 7.09. And the median was 23.21.


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.


Northfield Bancorp Cyclically Adjusted FCF per Share Related Terms

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


Northfield Bancorp (Northfield Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
581 Main Street, Suite 810, Woodbridge, NJ, USA, 07095
Northfield Bancorp Inc is the holding company for Northfield Bank. Its subsidiary provides banking services to individuals and corporate customers in Richmond and Kings Counties in New York, and Hunterdon, Mercer, Union and Middlesex counties in New Jersey. The bank attracts deposits and offers credit and other banking services.
Executives
Patrick Louis Ryan director 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Vickie Tomasello officer: EVP/Chief Risk Officer 581 MAIN STREET, WOODBRIDGE NJ 07095
Steven M Klein officer: COO and CFO 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
David Fasanella officer: EVP 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
William R. Jacobs officer: SVP and PAO 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Robin Lefkowitz officer: EVP 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Frank P. Patafio director 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Gil Chapman director 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Connors John P Jr director 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Gualberto Medina director 581 MAIN STREET, WOODBRIDGE NJ 07095
Tara L French officer: EVP/Chief Admin. Officer 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Paul Stahlin director 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Michael J Widmer officer: EVP 1410 ST. GEORGES AVENUE, AVENEL NJ 07001
Annette Catino director 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
John Wade Alexander director, officer: President and CEO 1410 ST. GEORGES AVENUE, AVENEL NJ 07001