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AmeriServ Financial (AmeriServ Financial) Cyclically Adjusted Price-to-FCF : 8.45 (As of Apr. 29, 2024)


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What is AmeriServ Financial Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), AmeriServ Financial's current share price is $2.45. AmeriServ Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.29. AmeriServ Financial's Cyclically Adjusted Price-to-FCF for today is 8.45.

The historical rank and industry rank for AmeriServ Financial's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ASRV' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8   Med: 14.57   Max: 32.7
Current: 8.59

During the past years, AmeriServ Financial's highest Cyclically Adjusted Price-to-FCF was 32.70. The lowest was 8.00. And the median was 14.57.

ASRV's Cyclically Adjusted Price-to-FCF is ranked worse than
59.19% of 838 companies
in the Banks industry
Industry Median: 7.415 vs ASRV: 8.59

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.

AmeriServ Financial's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.043. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.29 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AmeriServ Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AmeriServ Financial's Cyclically Adjusted Price-to-FCF 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.

AmeriServ Financial Cyclically Adjusted Price-to-FCF Chart

AmeriServ Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.42 11.20 12.94 11.80 11.07

AmeriServ Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 9.85 8.27 8.77 11.07 -

Competitive Comparison of AmeriServ Financial's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, AmeriServ Financial'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.


AmeriServ Financial's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



AmeriServ Financial Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

AmeriServ Financial's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.45/0.29
=8.45

* 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.

AmeriServ Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, AmeriServ Financial'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)
=0.043/129.4194*129.4194
=0.043

Current CPI (Dec. 2023) = 129.4194.

AmeriServ Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.093 99.695 0.121
201406 -0.045 100.560 -0.058
201409 -0.026 100.428 -0.034
201412 0.150 99.070 0.196
201503 0.136 99.621 0.177
201506 0.105 100.684 0.135
201509 0.069 100.392 0.089
201512 0.163 99.792 0.211
201603 0.009 100.470 0.012
201606 0.188 101.688 0.239
201609 -0.372 101.861 -0.473
201612 0.449 101.863 0.570
201703 0.101 102.862 0.127
201706 -0.013 103.349 -0.016
201709 0.091 104.136 0.113
201712 0.080 104.011 0.100
201803 0.192 105.290 0.236
201806 0.007 106.317 0.009
201809 -0.030 106.507 -0.036
201812 0.155 105.998 0.189
201903 0.017 107.251 0.021
201906 0.091 108.070 0.109
201909 -0.180 108.329 -0.215
201912 0.191 108.420 0.228
202003 -0.061 108.902 -0.072
202006 -0.067 108.767 -0.080
202009 -0.194 109.815 -0.229
202012 0.164 109.897 0.193
202103 0.378 111.754 0.438
202106 0.126 114.631 0.142
202109 -0.110 115.734 -0.123
202112 0.114 117.630 0.125
202203 0.084 121.301 0.090
202206 -0.083 125.017 -0.086
202209 0.013 125.227 0.013
202212 0.169 125.222 0.175
202303 0.082 127.348 0.083
202306 0.027 128.729 0.027
202309 0.134 129.860 0.134
202312 0.043 129.419 0.043

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


AmeriServ Financial  (NAS:ASRV) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


AmeriServ Financial Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of AmeriServ Financial's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


AmeriServ Financial (AmeriServ Financial) Business Description

Traded in Other Exchanges
N/A
Address
Main and Franklin Streets, P.O. Box 430, Johnstown, PA, USA, 15907-0430
AmeriServ Financial Inc is a bank holding company. The company and its subsidiaries derive substantially all of their income from banking, bank-related services, and trust-related services. Its operating segment includes community banking; wealth management and investment/parent. The company generates maximum revenue from the community banking segment. The community banking segment includes both retail and commercial banking activities. Retail banking includes the deposit-gathering branch franchise and lending to both individuals and small businesses. Lending activities include residential mortgage loans, direct consumer loans, and small business commercial loans. Commercial banking to businesses includes commercial loans, business services, and CRE loans.
Executives
Jeffrey A Stopko officer: Senior Vice President and CFO
Richard W. Bloomingdale director C/O AMERISERV FINANCIAL, INC., 216 FRANKLIN STREET, JOHNSTOWN PA 15901
Kim W Kunkle director
David J. Hickton director C/O AMERISERV FINANCIAL, INC., 216 FRANKLIN STREET, JOHNSTOWN PA 15901
James T Huerth officer: EVP, Commercial Banking 102 S MAIN STREET, CULPEPER VA 22701
Amy Bradley director MAIN & FRANKLIN STREETS, P. O. BOX 430, JOHNSTOWN PA 15907
O Malley Margaret A director
Daniel A. Onorato director MAIN & FRANKLIN STREETS, P.O. BOX 430, JOHNSTOWN PA 15907
Robert L Wise director
Craig G Ford director, officer: Chairman, President & CEO
Thomas C Slater director
Young Gregor T Iv officer: President & CEO of Trust Co. C/O S&T BANCORP INC, P O BOX 190, INDIANA PA 15701
Duke Bruce E Iii director
Michael D Lynch officer: Interim SVP & CFO 216 FRANKLIN STREET, JOHNSTOWN PA 15901
Michael R. Baylor officer: EVP & Regional President 216 FRANKLIN STREET, JOHNSTOWN PA 15901