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Republic Bancorp (Republic Bancorp) Cyclically Adjusted FCF per Share : $4.39 (As of Dec. 2023)


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What is Republic 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.

Republic Bancorp's adjusted free cash flow per share for the three months ended in Dec. 2023 was $1.050. 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 $4.39 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Republic Bancorp's average Cyclically Adjusted FCF Growth Rate was 13.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 4.40% 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 Republic Bancorp was 25.90% per year. The lowest was -4.10% per year. And the median was 6.60% per year.

As of today (2024-04-29), Republic Bancorp's current stock price is $51.59. Republic Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.39. Republic Bancorp's Cyclically Adjusted Price-to-FCF of today is 11.75.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Republic Bancorp was 17.99. The lowest was 6.66. And the median was 11.29.


Republic Bancorp Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Republic 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.

Republic Bancorp Cyclically Adjusted FCF per Share Chart

Republic 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 3.51 3.39 3.38 3.86 4.39

Republic 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 4.17 4.27 4.29 4.39 -

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

For the Banks - Regional subindustry, Republic 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.


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

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

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



Republic 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, Republic 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)
=1.05/129.4194*129.4194
=1.050

Current CPI (Dec. 2023) = 129.4194.

Republic Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.924 99.695 1.199
201406 -0.130 100.560 -0.167
201409 0.285 100.428 0.367
201412 -0.171 99.070 -0.223
201503 0.779 99.621 1.012
201506 -0.001 100.684 -0.001
201509 0.797 100.392 1.027
201512 0.561 99.792 0.728
201603 1.184 100.470 1.525
201606 -0.502 101.688 -0.639
201609 0.885 101.861 1.124
201612 0.370 101.863 0.470
201703 2.034 102.862 2.559
201706 0.273 103.349 0.342
201709 0.457 104.136 0.568
201712 0.341 104.011 0.424
201803 2.296 105.290 2.822
201806 0.403 106.317 0.491
201809 1.000 106.507 1.215
201812 1.496 105.998 1.827
201903 2.049 107.251 2.473
201906 -0.576 108.070 -0.690
201909 0.934 108.329 1.116
201912 1.962 108.420 2.342
202003 1.283 108.902 1.525
202006 0.578 108.767 0.688
202009 0.955 109.815 1.125
202012 0.452 109.897 0.532
202103 0.746 111.754 0.864
202106 1.702 114.631 1.922
202109 1.947 115.734 2.177
202112 0.112 117.630 0.123
202203 3.982 121.301 4.249
202206 0.604 125.017 0.625
202209 1.973 125.227 2.039
202212 0.956 125.222 0.988
202303 3.454 127.348 3.510
202306 -0.386 128.729 -0.388
202309 0.992 129.860 0.989
202312 1.050 129.419 1.050

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


Republic Bancorp  (NAS:RBCAA) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=51.59/4.39
=11.75

* 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 Republic Bancorp was 17.99. The lowest was 6.66. And the median was 11.29.


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.


Republic Bancorp Cyclically Adjusted FCF per Share Related Terms

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


Republic Bancorp (Republic Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
601 West Market Street, Louisville, KY, USA, 40202
Republic Bancorp Inc operates as a financial institution that provides both traditional and non-traditional banking products through five reportable segments. It has traditional banking, warehouse, mortgage banking, Tax Refund Solutions (TRS), and Republic Credit Solutions (RCS) business segments. The business activities of these segments include retail mortgage lending, commercial lending, construction and land development lending, internet lending, correspondent lending, and indirect lending and also private banking, treasury management services, internet, and mobile banking, bank acquisitions, short-term revolving credit facilities, fixed-term residential real estate loans and receipt and payment of federal and state tax refund products under the TRS division.
Executives
Juan Montano officer: EVP, Chief Mtg Banking Officer 601 W MARKET ST, LOUISVILLE KY 40202
Steven E Deweese officer: EVP, Dir of Retail Banking 601 WEST MARKET STREET, LOUISVILLE KY 40202
Christy Ames officer: EVP, General Counsel 601 W MARKET ST, LOUISVILLE KY 40202
Scott Trager director, 10 percent owner, officer: Vice Chairman 601 W MARKET ST, LOUISVILLE KY 40202
Vidya Ravichandran director 601 W MARKET ST, LOUISVILLE KY 40202
Jennifer N Green director 601 W MARKET ST, LOUISVILLE KY 40202
Timothy S. Huval director 500 W. MAIN STREET, LOUISVILLE KY 40202
Trager Trust Of 2012 10 percent owner 601 W MARKET ST, LOUISVILLE KY 40202
Steve Trager director, 10 percent owner, officer: President and CEO 601 W MARKET ST, LOUISVILLE KY 40202
Laura M Douglas director 601 W MARKET ST, LOUISVILLE KY 40202
Logan Pichel director, officer: President & CEO, Republic Bank 601 W MARKET ST, LOUISVILLE KY 40202
Jeff Starke officer: EVP, Chief Information Officer 601 W MARKET ST, LOUISVILLE KY 40202
George Iii Nichols director 601 W MARKET ST, LOUISVILLE KY 40202
Margaret S Wendler officer: EVP & Chief HR Officer 601 W MARKET ST, LOUISVILLE KY 40202
David P Feaster director 601 W MARKET ST, LOUISVILLE KY 40202

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