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First Community (First Community) Cyclically Adjusted Price-to-FCF : 8.06 (As of Apr. 29, 2024)


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What is First Community Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), First Community's current share price is $16.77. First Community's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.08. First Community's Cyclically Adjusted Price-to-FCF for today is 8.06.

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

FCCO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.77   Med: 9.34   Max: 15.97
Current: 8.08

During the past years, First Community's highest Cyclically Adjusted Price-to-FCF was 15.97. The lowest was 5.77. And the median was 9.34.

FCCO's Cyclically Adjusted Price-to-FCF is ranked worse than
55.53% of 832 companies
in the Banks industry
Industry Median: 7.405 vs FCCO: 8.08

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 Community's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.100. 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 $2.08 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Community Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for First Community'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.

First Community Cyclically Adjusted Price-to-FCF Chart

First Community 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 11.48 12.89 10.65 10.05 10.37

First Community 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 10.05 9.60 8.60 9.26 10.37

Competitive Comparison of First Community's Cyclically Adjusted Price-to-FCF

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

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

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



First Community 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.

First Community's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=16.77/2.08
=8.06

* 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.

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

For example, First Community'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)
=1.1/129.4194*129.4194
=1.100

Current CPI (Dec. 2023) = 129.4194.

First Community Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.219 99.695 0.284
201406 0.435 100.560 0.560
201409 0.341 100.428 0.439
201412 0.345 99.070 0.451
201503 -0.003 99.621 -0.004
201506 0.222 100.684 0.285
201509 1.034 100.392 1.333
201512 0.505 99.792 0.655
201603 0.332 100.470 0.428
201606 -0.354 101.688 -0.451
201609 1.069 101.861 1.358
201612 -0.466 101.863 -0.592
201703 1.113 102.862 1.400
201706 0.157 103.349 0.197
201709 0.270 104.136 0.336
201712 0.631 104.011 0.785
201803 0.149 105.290 0.183
201806 0.659 106.317 0.802
201809 0.744 106.507 0.904
201812 0.839 105.998 1.024
201903 -0.433 107.251 -0.523
201906 -0.373 108.070 -0.447
201909 0.890 108.329 1.063
201912 0.215 108.420 0.257
202003 0.308 108.902 0.366
202006 -1.986 108.767 -2.363
202009 -0.560 109.815 -0.660
202012 -0.189 109.897 -0.223
202103 3.434 111.754 3.977
202106 2.032 114.631 2.294
202109 1.627 115.734 1.819
202112 0.484 117.630 0.533
202203 -0.227 121.301 -0.242
202206 1.332 125.017 1.379
202209 1.147 125.227 1.185
202212 0.494 125.222 0.511
202303 0.456 127.348 0.463
202306 -0.458 128.729 -0.460
202309 0.361 129.860 0.360
202312 1.100 129.419 1.100

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.


First Community  (NAS:FCCO) 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.


First Community Cyclically Adjusted Price-to-FCF Related Terms

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


First Community (First Community) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5455 Sunset Boulevard, Lexington, SC, USA, 29072
First Community Corp is a bank holding company, which provides commercial banking services. It is engaged in the general commercial and retail banking business characterized by personalized service and local decision making, emphasizing the banking needs of small to medium-sized businesses, professional concerns, and individuals. It operates through following segments: Commercial and Retail Banking; Mortgage Banking; Investment Advisory and Non-Deposit; and Corporate. It offers checking, savings, money market, individual retirement, and certificates of deposit accounts. Its lending lines include consumer loans, real estate loans, home improvement loans, home loans, flex loans, construction loans, agricultural loans, and others.
Executives
E. Leland Reynolds director 5455 SUNSET BLVD, LEXINGTON SC 29072
Michael C Crapps director, officer: President & CEO C/O FIRST COMMUNITY CORP, P O BOX 64, LEXINGTON SC 29071
Jan H Hollar director 300 E. BROAD ST., STATESVILLE NC 28677
Edward J. Tarver director C/O FIRST COMMUNITY CORPORATION, 5455 SUNSET BLVD, LEXINGTON SC 29072
Mickey Layden director 5455 SUNSET BLVD., LEXINGTON SC 29072
Ray E Jones director 5455 SUNSET BLVD., LEXINGTON SC 29072
Jane S Sosebee director C/O PALMETTO BANCSHARES, INC., 306 EAST NORTH STREET, GREENVILLE SC 29601
Tanya A Butts officer: Executive Vice Pres 104 S. MAIN STREET, GREENVILLE SC 29601
Jack W. Walker officer: EVP and Chief Credit Officer C/O FIRST COMMUNITY CORPORATION, 5455 SUNSET BLVD, LEXINGTON SC 29072
Donald Shawn Jordan officer: EVP and CFO C/O FIRST COMMUNITY CORPORATION, 5455 SUNSET BLVD, LEXINGTON SC 29072
Thomas Carlton Brown director C/O FIRST COMMUNITY CORP, P O BOX 64, LEXINGTON SC 29071
David K Proctor officer: Senior Vice President C/O FIRST COMMUNITY CORP, P O BOX 64, LEXINGTON SC 29071
Joseph G Sawyer officer: Senior Vice President & CFO C/O FIRST COMMUNITY CORP, P O BOX 64, LEXINGTON SC 29071
Richard K Bogan director C/O FIRST COMMUNITY CORP, P O BOX 64, LEXINGTON SC 29071
Anita B Easter director C/O FIRST COMMUNITY CORP, P O BOX 64, LEXINGTON SC 29071

First Community (First Community) Headlines