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HMN Financial (HMN Financial) Cyclically Adjusted Price-to-FCF : 4.56 (As of Apr. 29, 2024)


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

As of today (2024-04-29), HMN Financial's current share price is $19.90. HMN Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.36. HMN Financial's Cyclically Adjusted Price-to-FCF for today is 4.56.

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

HMNF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.13   Med: 4.21   Max: 6.4
Current: 4.52

During the past years, HMN Financial's highest Cyclically Adjusted Price-to-FCF was 6.40. The lowest was 1.13. And the median was 4.21.

HMNF's Cyclically Adjusted Price-to-FCF is ranked better than
71.96% of 838 companies
in the Banks industry
Industry Median: 7.415 vs HMNF: 4.52

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.

HMN Financial's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.529. 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 $4.36 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


HMN Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for HMN 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.

HMN Financial Cyclically Adjusted Price-to-FCF Chart

HMN 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 4.84 4.35 6.11 4.77 5.28

HMN 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 4.32 4.26 4.48 5.28 -

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

For the Banks - Regional subindustry, HMN 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.


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

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

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



HMN 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.90/4.36
=4.56

* 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.

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

For example, HMN 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)
=1.529/129.4194*129.4194
=1.529

Current CPI (Dec. 2023) = 129.4194.

HMN Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.107 99.695 1.437
201406 0.541 100.560 0.696
201409 1.907 100.428 2.458
201412 0.015 99.070 0.020
201503 0.094 99.621 0.122
201506 -0.061 100.684 -0.078
201509 1.896 100.392 2.444
201512 0.214 99.792 0.278
201603 0.923 100.470 1.189
201606 1.497 101.688 1.905
201609 1.003 101.861 1.274
201612 1.606 101.863 2.040
201703 0.892 102.862 1.122
201706 0.728 103.349 0.912
201709 0.686 104.136 0.853
201712 0.987 104.011 1.228
201803 0.792 105.290 0.974
201806 0.791 106.317 0.963
201809 0.619 106.507 0.752
201812 0.974 105.998 1.189
201903 0.619 107.251 0.747
201906 0.144 108.070 0.172
201909 0.617 108.329 0.737
201912 1.414 108.420 1.688
202003 0.401 108.902 0.477
202006 1.001 108.767 1.191
202009 0.212 109.815 0.250
202012 1.876 109.897 2.209
202103 0.568 111.754 0.658
202106 1.418 114.631 1.601
202109 1.577 115.734 1.763
202112 -0.017 117.630 -0.019
202203 2.469 121.301 2.634
202206 1.544 125.017 1.598
202209 1.945 125.227 2.010
202212 1.087 125.222 1.123
202303 -0.297 127.348 -0.302
202306 1.303 128.729 1.310
202309 0.431 129.860 0.430
202312 1.529 129.419 1.529

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.


HMN Financial  (NAS:HMNF) 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.


HMN Financial Cyclically Adjusted Price-to-FCF Related Terms

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


HMN Financial (HMN Financial) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1016 Civic Center Drive Northwest, Rochester, MN, USA, 55901
HMN Financial Inc is a stock savings bank holding company of Home federal savings bank. The bank is engaged in community banking and operates retail banking and loan production facilities in Minnesota, Iowa, Wisconsin. It is involved in the business of attracting deposits from the general public and businesses and using such deposits to originate single-family residential, commercial real estate and multi-family mortgage loans as well as consumer, construction, and commercial business loans. The bank also invests in mortgage-backed and related securities, U.S. government agency obligations and other permissible investments. Its products and services include checking and savings accounts, cash deposits, online services, credit cards among others.
Executives
Bradley Krehbiel other: EVP of subsidiary RT 3 BOX 174, LAKE CITY MN 55041
Jeffrey Bolton director 1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
David Oeth director 1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Pamela Bishop director 1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Williams Barbara Butts director 1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Jon J Eberle officer: Senior Vice President 1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Wendy S Shannon director 1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Mark E Utz director 1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Hugh C Smith director 1016 CIVIC CENTER DR NW, ROCHESTER MN 55901
Sequoya S Borgman director 1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Michael A Bue director 1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Hans K Zietlow director 1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Patricia S Simmons director 1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Malcolm W Mcdonald director
Michael J Fogarty director