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Flushing Financial (Flushing Financial) Cyclically Adjusted Price-to-FCF : 4.82 (As of Apr. 28, 2024)


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

As of today (2024-04-28), Flushing Financial's current share price is $11.37. Flushing Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.36. Flushing Financial's Cyclically Adjusted Price-to-FCF for today is 4.82.

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

FFIC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.88   Med: 10.57   Max: 16.53
Current: 4.82

During the past years, Flushing Financial's highest Cyclically Adjusted Price-to-FCF was 16.53. The lowest was 3.88. And the median was 10.57.

FFIC's Cyclically Adjusted Price-to-FCF is ranked better than
70.07% of 832 companies
in the Banks industry
Industry Median: 7.405 vs FFIC: 4.82

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.

Flushing Financial's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.735. 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 $2.36 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flushing Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Flushing 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.

Flushing Financial Cyclically Adjusted Price-to-FCF Chart

Flushing 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 9.92 7.60 10.23 7.75 6.98

Flushing 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 7.75 6.15 5.14 5.53 6.98

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

For the Banks - Regional subindustry, Flushing 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.


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

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

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



Flushing 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.37/2.36
=4.82

* 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.

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

For example, Flushing 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)
=0.735/129.4194*129.4194
=0.735

Current CPI (Dec. 2023) = 129.4194.

Flushing Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.468 99.695 0.608
201406 0.548 100.560 0.705
201409 0.343 100.428 0.442
201412 0.419 99.070 0.547
201503 0.251 99.621 0.326
201506 0.284 100.684 0.365
201509 0.305 100.392 0.393
201512 0.316 99.792 0.410
201603 0.552 100.470 0.711
201606 0.483 101.688 0.615
201609 0.110 101.861 0.140
201612 0.086 101.863 0.109
201703 0.531 102.862 0.668
201706 0.512 103.349 0.641
201709 0.599 104.136 0.744
201712 0.906 104.011 1.127
201803 0.463 105.290 0.569
201806 0.715 106.317 0.870
201809 0.767 106.507 0.932
201812 0.560 105.998 0.684
201903 0.382 107.251 0.461
201906 0.734 108.070 0.879
201909 0.631 108.329 0.754
201912 0.327 108.420 0.390
202003 0.364 108.902 0.433
202006 0.622 108.767 0.740
202009 0.532 109.815 0.627
202012 0.815 109.897 0.960
202103 0.272 111.754 0.315
202106 0.815 114.631 0.920
202109 0.709 115.734 0.793
202112 0.897 117.630 0.987
202203 1.270 121.301 1.355
202206 0.100 125.017 0.104
202209 0.603 125.227 0.623
202212 0.662 125.222 0.684
202303 -0.388 127.348 -0.394
202306 0.308 128.729 0.310
202309 0.329 129.860 0.328
202312 0.735 129.419 0.735

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.


Flushing Financial  (NAS:FFIC) 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.


Flushing Financial Cyclically Adjusted Price-to-FCF Related Terms

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


Flushing Financial (Flushing Financial) Business Description

Traded in Other Exchanges
Address
220 RXR Plaza, Uniondale, NY, USA, 11556
Flushing Financial Corp operates as a bank holding company, which is engaged in the provision of banking and financial services. The bank serves consumers, businesses, professionals, corporate clients, and public entities by offering a full complement of deposit, loan, equipment finance, and cash management services through its banking offices. Its principal business is attracting retail deposits from the general public and investing those deposits together with funds generated from ongoing operations and borrowings, primarily in originations and purchases of multi-family residential properties, commercial business loans, commercial real estate mortgage loans, construction loans, small business administration loans and other small business loans.
Executives
Steven J Diorio director 220 RXR PLAZA, UNIONDALE NY 11556
Maria A Grasso officer: Executive VP & COO 220 RXR PLAZA, UNIONDALE NY 11556
Louis C Grassi director 220 RXR PLAZA, UNIONDALE NY 11556
Francis W Korzekwinski officer: Senior Vice President 220 RXR PLAZA, UNIONDALE NY 11556
Theresa Kelly officer: Senior Vice President 220 RXR PLAZA, UNIONDALE NY 11556
Douglas J Mcclintock officer: SEVP 220 RXR PLAZA, UNIONDALE NY 11556
John R Buran officer: Executive Vice President & COO 220 RXR PLAZA, UNIONDALE NY 11556
Susan Cullen officer: Executive Vice President 220 RXR PLAZA, UNIONDALE NY 11556
Thomas Buonaiuto officer: Senior Executive Vice Presiden ONE SUFFOLK SQUARE, 1601 VETERANS MEMORIAL HWY, ISLANDIA NY 11749
Douglas C Manditch director ONE SUFFOLK SQUARE, 1601 VETERANS MEMORIAL HWY, ISLANDIA NY 11749
Michael A Azarian director 220 RXR PLAZA, UNIONDALE NY 11556
Han Sam Sang Ki director 220 RXR PLAZA, UNIONDALE NY 11556
Donna M Obrien director 220 RXR PLAZA, UNIONDALE NY 11556
Roe John E Sr director 220 RXR PLAZA, UNIONDALE NY 11556
James Davison Bennett director 220 RXR PLAZA, UNIONDALE NY 11556