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Hanmi Financial (FRA:HF7N) Cyclically Adjusted Price-to-FCF : 5.38 (As of Jun. 07, 2024)


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

As of today (2024-06-07), Hanmi Financial's current share price is €14.00. Hanmi Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.60. Hanmi Financial's Cyclically Adjusted Price-to-FCF for today is 5.38.

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

FRA:HF7N' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.53   Med: 3.7   Max: 12.13
Current: 5.4

During the past years, Hanmi Financial's highest Cyclically Adjusted Price-to-FCF was 12.13. The lowest was 1.53. And the median was 3.70.

FRA:HF7N's Cyclically Adjusted Price-to-FCF is ranked better than
65.38% of 826 companies
in the Banks industry
Industry Median: 7.3 vs FRA:HF7N: 5.40

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.

Hanmi Financial's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.892. 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 €2.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hanmi Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hanmi 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.

Hanmi Financial Cyclically Adjusted Price-to-FCF Chart

Hanmi 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 3.88 5.57 10.73 9.46 6.91

Hanmi 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 6.87 5.34 5.70 6.91 5.57

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

For the Banks - Regional subindustry, Hanmi 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.


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

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

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



Hanmi 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.00/2.6
=5.38

* 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.

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

For example, Hanmi Financial'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)
=0.892/131.7762*131.7762
=0.892

Current CPI (Mar. 2024) = 131.7762.

Hanmi Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.060 100.560 0.079
201409 -0.059 100.428 -0.077
201412 0.024 99.070 0.032
201503 -0.180 99.621 -0.238
201506 0.584 100.684 0.764
201509 0.579 100.392 0.760
201512 0.862 99.792 1.138
201603 0.136 100.470 0.178
201606 0.129 101.688 0.167
201609 0.721 101.861 0.933
201612 0.664 101.863 0.859
201703 0.572 102.862 0.733
201706 0.299 103.349 0.381
201709 0.647 104.136 0.819
201712 0.676 104.011 0.856
201803 0.452 105.290 0.566
201806 0.531 106.317 0.658
201809 0.458 106.507 0.567
201812 0.496 105.998 0.617
201903 0.605 107.251 0.743
201906 0.473 108.070 0.577
201909 0.481 108.329 0.585
201912 0.101 108.420 0.123
202003 0.684 108.902 0.828
202006 -0.040 108.767 -0.048
202009 0.384 109.815 0.461
202012 0.553 109.897 0.663
202103 0.154 111.754 0.182
202106 3.348 114.631 3.849
202109 -1.828 115.734 -2.081
202112 0.799 117.630 0.895
202203 0.583 121.301 0.633
202206 0.926 125.017 0.976
202209 1.640 125.227 1.726
202212 1.449 125.222 1.525
202303 1.090 127.348 1.128
202306 1.001 128.729 1.025
202309 0.953 129.860 0.967
202312 0.185 129.419 0.188
202403 0.892 131.776 0.892

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.


Hanmi Financial  (FRA:HF7N) 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.


Hanmi Financial Cyclically Adjusted Price-to-FCF Related Terms

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


Hanmi Financial (FRA:HF7N) Business Description

Industry
Traded in Other Exchanges
Address
900 Wilshire Boulevard, Suite 1250, Los Angeles, CA, USA, 90017
Hanmi Financial Corp is a Los Angeles-based bank that caters to Korean-Americans and other multi-ethnic communities across California, Colorado, Georgia, Illinois, New Jersey, New York, Texas, Virginia, and Washington. The bank mainly focuses on small businesses and commercial and real estate loans. Hanmi also offers trade-finance products. The bank has several lending offices outside California and plans to expand outside the state mainly through acquisitions. The Bank's revenues are derived from interest and fees on loans, interest, and dividends on the securities portfolio, service charges on deposit accounts, and sales of SBA loans.

Hanmi Financial (FRA:HF7N) Headlines

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