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Laurentian Bank of Canada (Laurentian Bank of Canada) Cyclically Adjusted FCF per Share : $6.47 (As of Jan. 2024)


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What is Laurentian Bank of Canada 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.

Laurentian Bank of Canada's adjusted free cash flow per share for the three months ended in Jan. 2024 was $-2.687. 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 $6.47 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Laurentian Bank of Canada's average Cyclically Adjusted FCF Growth Rate was 34.90% 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 Laurentian Bank of Canada was 30.00% per year. The lowest was -35.10% per year. And the median was -12.85% per year.

As of today (2024-04-28), Laurentian Bank of Canada's current stock price is $19.00. Laurentian Bank of Canada's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $6.47. Laurentian Bank of Canada's Cyclically Adjusted Price-to-FCF of today is 2.94.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Laurentian Bank of Canada was 89.63. The lowest was 2.58. And the median was 5.98.


Laurentian Bank of Canada Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Laurentian Bank of Canada'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.

Laurentian Bank of Canada Cyclically Adjusted FCF per Share Chart

Laurentian Bank of Canada Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.84 -3.74 0.40 3.80 7.23

Laurentian Bank of Canada Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 4.60 5.08 7.13 7.23 6.47

Competitive Comparison of Laurentian Bank of Canada's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Laurentian Bank of Canada'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.


Laurentian Bank of Canada's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Laurentian Bank of Canada's Cyclically Adjusted Price-to-FCF falls into.



Laurentian Bank of Canada 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, Laurentian Bank of Canada's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-2.687/125.4675*125.4675
=-2.687

Current CPI (Jan. 2024) = 125.4675.

Laurentian Bank of Canada Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -9.767 98.920 -12.388
201407 -4.922 99.315 -6.218
201410 24.022 99.473 30.299
201501 -6.686 98.209 -8.542
201504 -8.373 99.710 -10.536
201507 0.921 100.579 1.149
201510 7.605 100.500 9.494
201601 0.922 100.184 1.155
201604 4.575 101.370 5.663
201607 -8.419 101.844 -10.372
201610 36.361 102.002 44.726
201701 -4.030 102.318 -4.942
201704 6.645 103.029 8.092
201707 5.143 103.029 6.263
201710 12.501 103.424 15.165
201801 -2.863 104.056 -3.452
201804 -8.003 105.320 -9.534
201807 12.367 106.110 14.623
201810 -12.311 105.952 -14.579
201901 0.535 105.557 0.636
201904 -3.906 107.453 -4.561
201907 1.600 108.243 1.855
201910 -4.226 107.927 -4.913
202001 0.709 108.085 0.823
202004 0.761 107.216 0.891
202007 7.711 108.401 8.925
202010 2.182 108.638 2.520
202101 -2.337 109.192 -2.685
202104 -0.254 110.851 -0.287
202107 5.845 112.431 6.523
202110 -2.050 113.695 -2.262
202201 3.271 114.801 3.575
202204 0.994 118.357 1.054
202207 5.726 120.964 5.939
202210 4.759 121.517 4.914
202301 -11.838 121.596 -12.215
202304 -5.386 123.571 -5.469
202307 15.358 124.914 15.426
202310 -8.329 125.310 -8.340
202401 -2.687 125.468 -2.687

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


Laurentian Bank of Canada  (OTCPK:LRCDF) 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.

Laurentian Bank of Canada's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=19.00/6.47
=2.94

* 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 Laurentian Bank of Canada was 89.63. The lowest was 2.58. And the median was 5.98.


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.


Laurentian Bank of Canada Cyclically Adjusted FCF per Share Related Terms

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


Laurentian Bank of Canada (Laurentian Bank of Canada) Business Description

Traded in Other Exchanges
Address
1360, Boulevard Rene-Levesque Ouest, Suite 600, Secretariat Corporatif, Montreal, QC, CAN, H3G 0E5
Laurentian Bank of Canada provides personal banking, business banking and real estate and commercial financing to its personal, business, and institutional customers across Canada and the United States. The company reports three operating segments: personal, commercial banking, and capital markets. The personal segment offers financial services to retail clients. The commercial banking segment provides financial services, commercial banking, real estate financing, and equipment and inventory financing to business clients. The firm launched LBC Digital, allowing it to expand its customer reach from coast to coast through a direct-to-customer channel. The Canadian geographic segment generates majority of the revenue for the company.

Laurentian Bank of Canada (Laurentian Bank of Canada) Headlines

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