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First Farmers Financial (First Farmers Financial) Cyclically Adjusted Price-to-FCF : 12.71 (As of Jun. 09, 2024)


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What is First Farmers Financial Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), First Farmers Financial's current share price is $68.50. First Farmers Financial's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $5.39. First Farmers Financial's Cyclically Adjusted Price-to-FCF for today is 12.71.

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

FFMR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.07   Med: 12.71   Max: 13.75
Current: 12.7

During the past 10 years, First Farmers Financial's highest Cyclically Adjusted Price-to-FCF was 13.75. The lowest was 12.07. And the median was 12.71.

FFMR's Cyclically Adjusted Price-to-FCF is ranked worse than
79.25% of 829 companies
in the Banks industry
Industry Median: 7.33 vs FFMR: 12.70

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.

First Farmers Financial's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $6.150. 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 $5.39 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Farmers Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for First Farmers 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.

First Farmers Financial Cyclically Adjusted Price-to-FCF Chart

First Farmers 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 - - - - 14.74

First Farmers 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 - - - 14.74 -

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

For the Banks - Regional subindustry, First Farmers 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.


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

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

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



First Farmers 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=68.50/5.39
=12.71

* 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.

First Farmers Financial's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, First Farmers Financial's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=6.15/129.4194*129.4194
=6.150

Current CPI (Dec23) = 129.4194.

First Farmers Financial Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 2.476 99.070 3.235
201512 2.277 99.792 2.953
201612 3.096 101.863 3.934
201712 3.753 104.011 4.670
201812 5.018 105.998 6.127
201912 4.219 108.420 5.036
202012 3.542 109.897 4.171
202112 9.280 117.630 10.210
202212 7.208 125.222 7.450
202312 6.150 129.419 6.150

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.


First Farmers Financial  (OTCPK:FFMR) 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.


First Farmers Financial Cyclically Adjusted Price-to-FCF Related Terms

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


First Farmers Financial (First Farmers Financial) Business Description

Traded in Other Exchanges
N/A
Address
123 North Jefferson Street, Converse, IN, USA, 46919
First Farmers Financial Corp and its subsidiaries operate in the banking industry. The bank categorized its services into personal, business, borrowing, and investment divisions. Its products and services include deposits, retirement and health saving accounts, consumer loans, home equity, and account management and leasing. The bank makes commercial, installment and mortgage loans to and receives deposits from customers through its offices located in the Indiana counties of Carroll, Cass, Clay, Grant, Hamilton, Howard, Huntington, Madison, Marshall, Miami, Starke, Sullivan, Tippecanoe, Tipton, Vigo, and Wabash; and Illinois counties of Coles, Edgar, and Vermilion.

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