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Citizens & Northern (Citizens & Northern) Cyclically Adjusted FCF per Share : $1.99 (As of Mar. 2024)


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What is Citizens & Northern 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.

Citizens & Northern's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.327. 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 $1.99 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Citizens & Northern's average Cyclically Adjusted FCF Growth Rate was -4.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -1.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 0.80% 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 Citizens & Northern was 15.00% per year. The lowest was -2.40% per year. And the median was 3.95% per year.

As of today (2024-05-15), Citizens & Northern's current stock price is $17.87. Citizens & Northern's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.99. Citizens & Northern's Cyclically Adjusted Price-to-FCF of today is 8.98.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Citizens & Northern was 13.69. The lowest was 7.52. And the median was 10.91.


Citizens & Northern Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Citizens & Northern'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.

Citizens & Northern Cyclically Adjusted FCF per Share Chart

Citizens & Northern 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 2.18 2.02 2.00 2.06 2.02

Citizens & Northern 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 2.09 2.04 2.02 2.02 1.99

Competitive Comparison of Citizens & Northern's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Citizens & Northern'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.


Citizens & Northern's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Citizens & Northern's Cyclically Adjusted Price-to-FCF falls into.



Citizens & Northern 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, Citizens & Northern'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)
=0.327/129.4194*129.4194
=0.327

Current CPI (Mar. 2024) = 129.4194.

Citizens & Northern Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.538 100.560 0.692
201409 0.236 100.428 0.304
201412 0.445 99.070 0.581
201503 0.272 99.621 0.353
201506 0.489 100.684 0.629
201509 0.426 100.392 0.549
201512 0.345 99.792 0.447
201603 0.277 100.470 0.357
201606 0.375 101.688 0.477
201609 0.398 101.861 0.506
201612 0.354 101.863 0.450
201703 0.283 102.862 0.356
201706 0.265 103.349 0.332
201709 0.589 104.136 0.732
201712 0.317 104.011 0.394
201803 0.480 105.290 0.590
201806 0.462 106.317 0.562
201809 0.487 106.507 0.592
201812 0.589 105.998 0.719
201903 0.188 107.251 0.227
201906 0.318 108.070 0.381
201909 0.609 108.329 0.728
201912 0.338 108.420 0.403
202003 0.206 108.902 0.245
202006 0.062 108.767 0.074
202009 0.531 109.815 0.626
202012 0.607 109.897 0.715
202103 0.345 111.754 0.400
202106 0.579 114.631 0.654
202109 0.591 115.734 0.661
202112 0.576 117.630 0.634
202203 0.297 121.301 0.317
202206 0.466 125.017 0.482
202209 0.761 125.227 0.786
202212 0.504 125.222 0.521
202303 0.602 127.348 0.612
202306 0.494 128.729 0.497
202309 0.503 129.860 0.501
202312 0.452 129.419 0.452
202403 0.327 129.419 0.327

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


Citizens & Northern  (NAS:CZNC) 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.

Citizens & Northern's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=17.87/1.99
=8.98

* 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 Citizens & Northern was 13.69. The lowest was 7.52. And the median was 10.91.


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.


Citizens & Northern Cyclically Adjusted FCF per Share Related Terms

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


Citizens & Northern (Citizens & Northern) Business Description

Industry
Traded in Other Exchanges
N/A
Address
90-92 Main Street, Wellsboro, PA, USA, 16901
Citizens & Northern Corp is a community bank operating through its subsidiaries. It provides banking services, including deposit and loan products for personal and commercial customers. The bank also maintains a trust division that provides a wide range of financial services, such as 401(k) plans, retirement planning, estate planning, estate settlements and asset management.
Executives
Frank G Pellegrino director 2050 POCO FARM ROAD, WILLIAMSPORT PA 17701
Robert G Loughery director 1128 SLOTTER ROAD, PERKASIE PA 18944
Katherine W Shattuck director 2548 LAKE ROAD, TOWANDA PA 18848
Tracy Ellen Watkins officer: EXEC. VP 1972 NORTH WILLIAMSON ROAD, COVINGTON PA 16917-9516
Bobbi J Kilmer director 555 COUNTRY VIEW DRIVE, TOWANDA PA 18848
Glenn Richard James officer: EVP Counsel, Corp Secretary 90-92 MAIN ST, WELLSBORO PA 16901
Timothy E Schoener director 821 HAWTHORNE AVE, WILLIAMSPORT PA 17701
Kelley A Cwiklinski officer: EVP Chief Comm Lending Officer 90-92 MAIN ST, WELLSBORO PA 16901
Leo F Lambert director PO BOX 345, DUSHORE PA 18614
Helen S Santiago director 263 BRIDGE STREET HILL RD, TOWANDA PA 18848
Terry L Lehman director 5066 NORTH SHERMAN STREET, MOUNT WOLF PA 17347
Matthew L Bower officer: EVP, Chief Wealth Mgmt Officer 90-92 MAIN ST, WELLSBORO PA 16901
Susan E Hartley director 1293 HOFFMAN HOLLOW RD, LOWMAN NY 14861
Stephen M Dorwart director 234 CEDAR ROAD, MULLICA HILL NJ 08062
Alexander Balagour officer: EVP- CHIEF INFORMATION OFFICER 45 TEAL DRIVE, LANGHORNE PA 19047

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