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National Bank Holdings (National Bank Holdings) Cyclically Adjusted Price-to-FCF : 16.19 (As of Apr. 29, 2024)


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What is National Bank Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), National Bank Holdings's current share price is $33.36. National Bank Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.06. National Bank Holdings's Cyclically Adjusted Price-to-FCF for today is 16.19.

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

NBHC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.44   Med: 28.63   Max: 129.37
Current: 16.23

During the past years, National Bank Holdings's highest Cyclically Adjusted Price-to-FCF was 129.37. The lowest was 14.44. And the median was 28.63.

NBHC's Cyclically Adjusted Price-to-FCF is ranked worse than
85.2% of 838 companies
in the Banks industry
Industry Median: 7.415 vs NBHC: 16.23

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.

National Bank Holdings's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.851. 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 $2.06 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Bank Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for National Bank Holdings'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.

National Bank Holdings Cyclically Adjusted Price-to-FCF Chart

National Bank Holdings 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 - - 96.48 26.44 18.02

National Bank Holdings 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 20.91 15.66 14.74 18.02 -

Competitive Comparison of National Bank Holdings's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, National Bank Holdings'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.


National Bank Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where National Bank Holdings's Cyclically Adjusted Price-to-FCF falls into.



National Bank Holdings 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.

National Bank Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=33.36/2.06
=16.19

* 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.

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

For example, National Bank Holdings'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)
=0.851/129.4194*129.4194
=0.851

Current CPI (Dec. 2023) = 129.4194.

National Bank Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.347 99.695 -0.450
201406 0.290 100.560 0.373
201409 0.383 100.428 0.494
201412 -0.446 99.070 -0.583
201503 -0.394 99.621 -0.512
201506 -0.274 100.684 -0.352
201509 0.184 100.392 0.237
201512 -0.779 99.792 -1.010
201603 0.171 100.470 0.220
201606 0.666 101.688 0.848
201609 0.023 101.861 0.029
201612 -1.072 101.863 -1.362
201703 0.739 102.862 0.930
201706 0.492 103.349 0.616
201709 0.105 104.136 0.130
201712 0.557 104.011 0.693
201803 0.276 105.290 0.339
201806 -1.366 106.317 -1.663
201809 1.659 106.507 2.016
201812 1.561 105.998 1.906
201903 -0.169 107.251 -0.204
201906 -0.023 108.070 -0.028
201909 -1.977 108.329 -2.362
201912 3.217 108.420 3.840
202003 0.768 108.902 0.913
202006 -1.326 108.767 -1.578
202009 -1.533 109.815 -1.807
202012 1.727 109.897 2.034
202103 0.242 111.754 0.280
202106 4.050 114.631 4.572
202109 0.350 115.734 0.391
202112 1.125 117.630 1.238
202203 1.600 121.301 1.707
202206 2.572 125.017 2.663
202209 1.709 125.227 1.766
202212 0.877 125.222 0.906
202303 -0.670 127.348 -0.681
202306 2.185 128.729 2.197
202309 1.045 129.860 1.041
202312 0.851 129.419 0.851

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.


National Bank Holdings  (NYSE:NBHC) 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.


National Bank Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


National Bank Holdings (National Bank Holdings) Business Description

Traded in Other Exchanges
N/A
Address
7800 East Orchard Road, Suite 300, Greenwood Village, CO, USA, 80111
National Bank Holdings Corp is a bank holding company. It provides various banking products and financial services to commercial, business, and consumer clients in the United States. The company offers deposit products including checking accounts, savings accounts, money market accounts, and other deposit accounts, including fixed-rate and fixed-maturity time deposits. It also provides commercial and industrial loans and leases. In addition, it offers treasury management solutions comprising online and mobile banking, commercial credit card, wire transfer, automated clearing house, and electronic bill payments.
Executives
Christopher S. Randall officer: EVP, Comm. & Specialty Banking 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111
G. Timothy Laney director, officer: Chief Executive Officer 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Robert E Dean director 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Brendan W Zahl officer: EVP NBH Residential Banking 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111
Newfield Richard U Jr. officer: Chief Risk Mngmt Officer 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Alka Gupta director 2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Warren Burney S. Iii director 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Maria F Spring director 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Angela Nicole Petrucci officer: Chief Admin Officer NATIONAL BANK HOLDINGS CORPORATION, 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111
Whitney A. Bartelli officer: Chief Marketing Officer 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111
Patrick G. Sobers officer: EVP, Consumer & Smll Bus. Bnkg 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111
Ruth Stevenson officer: Chief Client Executive 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111
Zsolt K Bessko officer: Chief Admin Officer 1331 SEVENTEENTH STREET, STE. 300, DENVER CO 80202
Aldis Birkans officer: Chief Financial Officer 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Denabeele Nicole Van officer: Chief Accounting Officer 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111