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CNB Financial (CNB Financial) Cyclically Adjusted Price-to-FCF : 7.75 (As of Apr. 27, 2024)


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

As of today (2024-04-27), CNB Financial's current share price is $19.07. CNB Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.46. CNB Financial's Cyclically Adjusted Price-to-FCF for today is 7.75.

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

CCNE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.72   Med: 11.47   Max: 20.18
Current: 7.76

During the past years, CNB Financial's highest Cyclically Adjusted Price-to-FCF was 20.18. The lowest was 6.72. And the median was 11.47.

CCNE's Cyclically Adjusted Price-to-FCF is ranked worse than
53.13% of 832 companies
in the Banks industry
Industry Median: 7.405 vs CCNE: 7.76

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.

CNB Financial's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.759. 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 $2.46 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CNB Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CNB 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.

CNB Financial Cyclically Adjusted Price-to-FCF Chart

CNB 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 15.79 9.96 11.44 9.59 9.20

CNB Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 9.59 7.72 7.09 7.15 9.20

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

For the Banks - Regional subindustry, CNB 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.


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

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

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



CNB 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.07/2.46
=7.75

* 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.

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

For example, CNB 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)
=0.759/129.4194*129.4194
=0.759

Current CPI (Dec. 2023) = 129.4194.

CNB Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.317 99.695 0.412
201406 0.465 100.560 0.598
201409 0.303 100.428 0.390
201412 0.482 99.070 0.630
201503 0.266 99.621 0.346
201506 0.634 100.684 0.815
201509 0.491 100.392 0.633
201512 0.484 99.792 0.628
201603 0.297 100.470 0.383
201606 0.221 101.688 0.281
201609 -2.409 101.861 -3.061
201612 3.053 101.863 3.879
201703 -0.111 102.862 -0.140
201706 0.680 103.349 0.852
201709 0.495 104.136 0.615
201712 0.614 104.011 0.764
201803 0.246 105.290 0.302
201806 0.874 106.317 1.064
201809 0.596 106.507 0.724
201812 1.031 105.998 1.259
201903 -0.066 107.251 -0.080
201906 1.036 108.070 1.241
201909 0.640 108.329 0.765
201912 1.225 108.420 1.462
202003 0.342 108.902 0.406
202006 0.195 108.767 0.232
202009 0.447 109.815 0.527
202012 0.446 109.897 0.525
202103 0.576 111.754 0.667
202106 0.524 114.631 0.592
202109 0.880 115.734 0.984
202112 1.138 117.630 1.252
202203 0.114 121.301 0.122
202206 0.946 125.017 0.979
202209 0.705 125.227 0.729
202212 1.030 125.222 1.065
202303 0.062 127.348 0.063
202306 0.372 128.729 0.374
202309 0.532 129.860 0.530
202312 0.759 129.419 0.759

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.


CNB Financial  (NAS:CCNE) 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.


CNB Financial Cyclically Adjusted Price-to-FCF Related Terms

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


CNB Financial (CNB Financial) Business Description

Industry
Traded in Other Exchanges
Address
1 South Second Street, P.O. Box 42, Clearfield, PA, USA, 16830
CNB Financial Corp is providing integrated financial solutions, which create value for both consumers and businesses. These solutions encompass deposit accounts, private banking, real estate, commercial, industrial, residential and consumer loans and lines of credit, credit cards, treasury services, online banking, mobile banking, merchant credit card processing, remote deposit and accounts receivable handling. In addition, the corporation provides wealth and asset management services, retirement plans and other employee benefit plans.
Executives
Michael D Peduzzi officer: President & COO 31 SOUTH SECOND STREET, CLEARFIELD PA 16830
Julie M. Young director 6739 KENSINGTON WAY, WORTHINGTON OH 43085
Scott Nicholas N. Jr. director 6428 FAIR OAKS CIRCLE, FAIRVIEW PA 16415
N. Michael Obi director 489 PIERSON DR., RICHMOND HEIGHTS OH 44143
Renee Richard director 31 S 2ND STREET, CLEARFIELD PA 16830
Straub Francis X Iii director 342 W THERESIA RD, ST. MARY'S PA 15857
Peter F Smith director C/O CNB FINANCIAL CORP, 102 ELIZABETH ST, CLEARFIELD PA 16830
Heather J. Koptchak officer: SVP/Chief ofEmployee Resources 31 S 2ND STREET, CLEARFIELD PA 16830
Jeffrey S Powell director 101 BRENTWOOD DRIVE, PHILIPSBURG PA 16866
Deborah Dick Pontzer director
Tito L Lima officer: EVP/CFO 212 TOWHEE DRIVE, BOALSBURG PA 16827
Richard B. Seager director 422 4TH AVENUE, WARREN PA 16365
Bower Joseph B Jr officer: Executive Vice President RR 2 BOX 45B, CLEARFIELD PA 16830
Angela D. Wilcoxson officer: EVP/Commercial Banking 1836 CURRY LANE, TWINSBURG OH 44087
Mary Ann Conaway officer: SVP/HR 418 DEER HAVEN RD., FRENCHVILLE PA 16836