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Lakeland Bancorp (Lakeland Bancorp) Cyclically Adjusted Price-to-FCF : 7.41 (As of Apr. 27, 2024)


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What is Lakeland Bancorp Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Lakeland Bancorp's current share price is $12.52. Lakeland Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.69. Lakeland Bancorp's Cyclically Adjusted Price-to-FCF for today is 7.41.

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

LBAI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.33   Med: 9.52   Max: 15.48
Current: 7.4

During the past years, Lakeland Bancorp's highest Cyclically Adjusted Price-to-FCF was 15.48. The lowest was 6.33. And the median was 9.52.

LBAI's Cyclically Adjusted Price-to-FCF is ranked better than
50.36% of 832 companies
in the Banks industry
Industry Median: 7.405 vs LBAI: 7.40

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.

Lakeland Bancorp's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.375. 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 $1.69 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lakeland Bancorp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lakeland Bancorp'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.

Lakeland Bancorp Cyclically Adjusted Price-to-FCF Chart

Lakeland Bancorp 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 11.37 8.68 12.32 10.68 8.74

Lakeland Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.29 7.96 7.45 8.74 -

Competitive Comparison of Lakeland Bancorp's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Lakeland Bancorp'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.


Lakeland Bancorp's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Lakeland Bancorp 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.

Lakeland Bancorp's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.52/1.69
=7.41

* 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.

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

For example, Lakeland Bancorp'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)
=0.375/129.4194*129.4194
=0.375

Current CPI (Dec. 2023) = 129.4194.

Lakeland Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.272 99.695 0.353
201406 0.245 100.560 0.315
201409 0.337 100.428 0.434
201412 0.285 99.070 0.372
201503 0.202 99.621 0.262
201506 0.168 100.684 0.216
201509 0.371 100.392 0.478
201512 0.204 99.792 0.265
201603 0.158 100.470 0.204
201606 0.073 101.688 0.093
201609 0.564 101.861 0.717
201612 0.252 101.863 0.320
201703 0.397 102.862 0.499
201706 0.269 103.349 0.337
201709 0.280 104.136 0.348
201712 0.385 104.011 0.479
201803 0.388 105.290 0.477
201806 0.474 106.317 0.577
201809 0.447 106.507 0.543
201812 0.239 105.998 0.292
201903 0.366 107.251 0.442
201906 0.373 108.070 0.447
201909 0.390 108.329 0.466
201912 0.474 108.420 0.566
202003 0.449 108.902 0.534
202006 0.625 108.767 0.744
202009 0.042 109.815 0.049
202012 0.413 109.897 0.486
202103 0.557 111.754 0.645
202106 0.299 114.631 0.338
202109 0.461 115.734 0.516
202112 0.457 117.630 0.503
202203 0.442 121.301 0.472
202206 0.558 125.017 0.578
202209 0.466 125.227 0.482
202212 0.356 125.222 0.368
202303 0.533 127.348 0.542
202306 0.395 128.729 0.397
202309 0.392 129.860 0.391
202312 0.375 129.419 0.375

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.


Lakeland Bancorp  (NAS:LBAI) 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.


Lakeland Bancorp Cyclically Adjusted Price-to-FCF Related Terms

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


Lakeland Bancorp (Lakeland Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
250 Oak Ridge Road, Oak Ridge, NJ, USA, 07438
Lakeland Bancorp Inc is a bank holding company. It offers retail banking, business banking, and investment programs. The company's services are lending, depository, short and medium term loans, line and letters of credit, inventory and accounts receivable financing, construction and mortgage loans, merchant credit card services, checking account, savings accounts, now accounts, money market accounts, certificate of deposits, safe deposit, consumer installment loans and also wire transfer, internet and mobile banking, night depository services and investment and advisory services. The company operates through offices located in New Jersey and New York. Its primary source of revenue is interest income generated from loans, leases and investment securities.
Executives
Paul Ho-sing-loy officer: EVP Chief Information Officer C/O LAKELAND BANCORP, INC., 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Mary Ann Deacon director LAKELAND BANK, 250 OAK RIDGE RD, OAK RIDGE NJ 07438
Brian Gragnolati director C/O LAKELAND BANCORP, INC., 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Hanson James E. Ii director C/O LAKELAND BANCORP, INC., 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Robert F Mangano director C/O 1ST CONSTITUTION BANCORP, 2650 ROUTE 130, CRANBURY NJ 08512
John F Rath officer: EVP/Chief Loan Officer C/O LAKELAND BANCORP, INC., 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
James M. Nigro officer: EVP Chief Risk Officer C/O LAKELAND BANCORP, INC., 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Timothy J Matteson officer: EVP, CAO & General Counsel 1000 MACARTHUR BLVD., MAHWAH NJ 07430
Ellen Lalwani officer: EVP/Chief Banking Officer C/O LAKELAND BANCORP, INC., 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Thomas Jr Splaine officer: EVP and CFO 101 JFK PARKWAY, SHORT HILLS NJ 07078
Janeth C Hendershot director 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Nicholson Robert K Iii director
Bruce D. Bohuny director 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Thomas Shara officer: President and CEO 92 FROST COURT, WYCOFF NJ 07481
Brian Flynn director 350 RODNEY ROAD, WYCOFF NJ 07481

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