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First Busey (First Busey) Cyclically Adjusted FCF per Share : $3.10 (As of Dec. 2023)


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What is First Busey Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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 Busey's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.768. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $3.10 for the trailing ten years ended in Dec. 2023.

During the past 12 months, First Busey's average Cyclically Adjusted FCF Growth Rate was -1.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -2.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of First Busey was 10.70% per year. The lowest was -10.80% per year. And the median was -1.30% per year.

As of today (2024-04-28), First Busey's current stock price is $22.80. First Busey's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.10. First Busey's Cyclically Adjusted Price-to-FCF of today is 7.35.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of First Busey was 10.36. The lowest was 2.78. And the median was 7.42.


First Busey Cyclically Adjusted FCF per Share Historical Data

The historical data trend for First Busey's Cyclically Adjusted FCF per Share 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 Busey Cyclically Adjusted FCF per Share Chart

First Busey Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.99 2.86 2.85 3.14 3.10

First Busey Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 3.17 3.20 3.13 3.10 -

Competitive Comparison of First Busey's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, First Busey'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 Busey's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



First Busey Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, First Busey'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)
=0.768/129.4194*129.4194
=0.768

Current CPI (Dec. 2023) = 129.4194.

First Busey Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.556 99.695 0.722
201406 0.141 100.560 0.181
201409 0.789 100.428 1.017
201412 0.724 99.070 0.946
201503 0.099 99.621 0.129
201506 0.380 100.684 0.488
201509 0.734 100.392 0.946
201512 0.761 99.792 0.987
201603 0.199 100.470 0.256
201606 -1.936 101.688 -2.464
201609 0.627 101.861 0.797
201612 0.219 101.863 0.278
201703 4.760 102.862 5.989
201706 -1.429 103.349 -1.789
201709 0.948 104.136 1.178
201712 1.998 104.011 2.486
201803 1.813 105.290 2.228
201806 0.285 106.317 0.347
201809 0.681 106.507 0.828
201812 1.102 105.998 1.346
201903 0.657 107.251 0.793
201906 -0.067 108.070 -0.080
201909 0.182 108.329 0.217
201912 0.605 108.420 0.722
202003 0.300 108.902 0.357
202006 0.643 108.767 0.765
202009 0.851 109.815 1.003
202012 1.106 109.897 1.302
202103 0.767 111.754 0.888
202106 0.621 114.631 0.701
202109 0.381 115.734 0.426
202112 1.037 117.630 1.141
202203 0.743 121.301 0.793
202206 0.521 125.017 0.539
202209 0.764 125.227 0.790
202212 0.835 125.222 0.863
202303 0.764 127.348 0.776
202306 0.671 128.729 0.675
202309 0.709 129.860 0.707
202312 0.768 129.419 0.768

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


First Busey  (NAS:BUSE) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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 Busey's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=22.80/3.1
=7.35

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of First Busey was 10.36. The lowest was 2.78. And the median was 7.42.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


First Busey Cyclically Adjusted FCF per Share Related Terms

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


First Busey (First Busey) Business Description

Industry
Traded in Other Exchanges
N/A
Address
100 W. University Avenue, Champaign, IL, USA, 61820
First Busey Corporation is a financial holding company, whose subsidiaries provides retail and commercial banking services, remittance processing, and offers financial products and services with banking centers in Illinois, Missouri, Florida, and Indiana. The company's operations are managed through three operating segments consisting of Banking, FirsTech, and Wealth Management. The banking segment generates a vast majority of its revenue.
Executives
Michael David Cassens director 100 WEST UNIVERSITY AVE., CHAMPAIGN IL 61820
Stanley J Bradshaw director 900 ROOSEVELT PARKWAY, CHESTERFIELD MO 63017
Scott A. Phillips officer: Principal Accounting Officer 100 W. UNIVERSITY AVENUE, CHAMPAIGN IL 61820
Monica L Bowe officer: EVP Chief Risk Officer 100 WEST UNIVERSITY AVE., CHAMPAIGN IL 61820
Jeffrey David Jones officer: EVP & CFO 100 WEST UNIVERSITY AVENUE, CHAMPAIGN IL 61820
John Joseph Powers officer: EVP & General Counsel 100 WEST UNIVERSITY AVENUE, CHAMPAIGN IL 61820
Van A Dukeman director, officer: President & CEO 100 W. UNIVERSITY AVE, CHAMPAIGN IL 61820
Cassandra R Sanford director 100 W. UNIVERSITY AVENUE, CHAMPAIGN IL 61820
Stephen V King director FIRST BUSEY CORPORATION, 100 WEST UNIVERSITY AVENUE, CHAMPAIGN IL 61820
Amy L Randolph officer: Chief of Staff FIRST BUSEY CORPORATION, 100 WEST UNIVERSITY AVENUE, CHAMPAIGN IL 61820
George Barr director 2801 BLACK ROAD, JOLIET IL 60435
Karen M Jensen director 100 WEST UNIVERSITY AVE., CHAMPAIGN IL 61820
Samuel P Banks director 201 W MAIN ST, URBANA IL 61801
Frederic L Kenney director 100 W. UNIVERSITY AVE, CHAMPAIGN IL 61820
Robin N Elliott officer: President/CEO Busey Bank FIRST BUSEY CORPORATION, 100 WEST UNIVERSITY AVENUE, CHAMPAIGN IL 61820

First Busey (First Busey) Headlines