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Bimini Capital Management (Bimini Capital Management) Cyclically Adjusted Price-to-FCF : 1.74 (As of Jun. 05, 2024)


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What is Bimini Capital Management Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), Bimini Capital Management's current share price is $0.73. Bimini Capital Management's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.42. Bimini Capital Management's Cyclically Adjusted Price-to-FCF for today is 1.74.

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

BMNM' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.03   Med: 2.44   Max: 8.57
Current: 1.73

During the past years, Bimini Capital Management's highest Cyclically Adjusted Price-to-FCF was 8.57. The lowest was 0.03. And the median was 2.44.

BMNM's Cyclically Adjusted Price-to-FCF is ranked better than
94.83% of 503 companies
in the Asset Management industry
Industry Median: 20.33 vs BMNM: 1.73

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.

Bimini Capital Management's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.102. 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 $0.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bimini Capital Management Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bimini Capital Management'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.

Bimini Capital Management Cyclically Adjusted Price-to-FCF Chart

Bimini Capital Management 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 6.50 5.43 7.03 2.37 1.73

Bimini Capital Management 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 1.76 2.49 1.97 1.73 1.73

Competitive Comparison of Bimini Capital Management's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Bimini Capital Management'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.


Bimini Capital Management's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bimini Capital Management's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Bimini Capital Management's Cyclically Adjusted Price-to-FCF falls into.



Bimini Capital Management 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.

Bimini Capital Management's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.73/0.42
=1.74

* 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.

Bimini Capital Management's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bimini Capital Management'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)
=-0.102/131.7762*131.7762
=-0.102

Current CPI (Mar. 2024) = 131.7762.

Bimini Capital Management Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.092 100.560 -0.121
201409 0.709 100.428 0.930
201412 0.276 99.070 0.367
201503 -0.045 99.621 -0.060
201506 0.102 100.684 0.133
201509 -0.173 100.392 -0.227
201512 0.161 99.792 0.213
201603 -0.139 100.470 -0.182
201606 0.051 101.688 0.066
201609 0.128 101.861 0.166
201612 0.251 101.863 0.325
201703 0.021 102.862 0.027
201706 0.106 103.349 0.135
201709 0.125 104.136 0.158
201712 0.248 104.011 0.314
201803 0.236 105.290 0.295
201806 0.234 106.317 0.290
201809 0.117 106.507 0.145
201812 -0.090 105.998 -0.112
201903 -0.108 107.251 -0.133
201906 -0.065 108.070 -0.079
201909 0.016 108.329 0.019
201912 0.174 108.420 0.211
202003 -0.307 108.902 -0.371
202006 0.079 108.767 0.096
202009 0.241 109.815 0.289
202012 0.113 109.897 0.135
202103 0.009 111.754 0.011
202106 0.137 114.631 0.157
202109 0.164 115.734 0.187
202112 0.190 117.630 0.213
202203 -0.037 121.301 -0.040
202206 0.204 125.017 0.215
202209 0.282 125.227 0.297
202212 0.075 125.222 0.079
202303 -0.186 127.348 -0.192
202306 0.192 128.729 0.197
202309 0.249 129.860 0.253
202312 -0.087 129.419 -0.089
202403 -0.102 131.776 -0.102

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.


Bimini Capital Management  (OTCPK:BMNM) 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.


Bimini Capital Management Cyclically Adjusted Price-to-FCF Related Terms

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


Bimini Capital Management (Bimini Capital Management) Business Description

Traded in Other Exchanges
N/A
Address
3305 Flamingo Drive, Vero Beach, FL, USA, 32963
Bimini Capital Management Inc is a specialty finance company that operates in two reportable segments, The asset management segment includes the investment advisory services provided by Bimini Advisors to Orchid and Royal Palm. The investment portfolio segment includes the investment activities conducted by Royal Palm. The investment portfolio segment receives revenue in the form of interest and dividend income on its investments.
Executives
Robert J Dwyer director 880 SOUTH OCEAN BOULEVARD, PALM BEACH FL 33480
Robert E Cauley director, officer: Secretary/Chief Fin. Officer C/O BIMINI MORTGAGE MANAGEMENT, INC., 3305 FLAMINGO DRIVE, SUITE 100, VERO BEACH FL 32963
Haas G Hunter Iv officer: EVP, CIO, Interim CFO & Treas C/O BIMINI CAPITAL MANAGEMENT, INC., 3305 FLAMINGO DRIVE, VERO BEACH FL 32963
Frank E Jaumot director 190 SE 19TH AVENUE, POMPANO BEACH FL 33060
J Christopher Clifton officer: EVP, GC, CCO & Sec C/O BIMINI CAPITAL MANAGEMENT, INC., 3305 FLAMINGO DRIVE, VERO BEACH FL 32963
Jason Kaplan director, officer: Senior Exec. Vice President C/O OPTEUM FINANCIAL SERVICES, LLC, W115 CENTURY ROAD, PARAMUS NJ 07652
Peter R Norden director C/O OPTEUM FINANCIAL SERVICES, W115 CENTURY ROAD, PARAMUS NJ 07652
Amber K Luedke officer: Treasurer C/O BIMINI MORTGAGE MANAGEMENT INC., 3305 FLAMINGO DRIVE, SUITE 100, VERO BEACH FL 32963
Jeffrey J Zimmer director, officer: Pres./CEO 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Kevin L Bespolka director C/O BIMINI MORTGAGE MANAGEMENT, INC., 3305 FLAMINGO DRIVE, SUITE 100, VERO BEACH FL 32963
W Christopher Mortenson director C/O BIMINI MORTGAGE MANAGEMENT, INC., 3305 FLAMINGO DRIVE, SUITE 100, VERO BEACH FL 32963
Burford H Ortale director C/O BIMINI MORTGAGE MANAGEMENT, INC., 3305 FLAMINGO DRIVE, SUITE 100, VERO BEACH FL 32963
Maureen A Hendricks director C/O MILLIPORE CORP, BEDFORD MA 01730

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