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Fidelity Southern (Fidelity Southern) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


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What is Fidelity Southern Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fidelity Southern Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fidelity Southern'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.

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Fidelity Southern Cyclically Adjusted Price-to-FCF Chart

Fidelity Southern Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Price-to-FCF
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Fidelity Southern Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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Competitive Comparison of Fidelity Southern's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Fidelity Southern'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.


Fidelity Southern's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Fidelity Southern 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.

Fidelity Southern's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2019 is calculated as:

For example, Fidelity Southern's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2019 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2019 (Change)*Current CPI (Mar. 2019)
=-0.467/107.2505*107.2505
=-0.467

Current CPI (Mar. 2019) = 107.2505.

Fidelity Southern Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200906 -4.864 91.003 -5.732
200909 4.881 91.120 5.745
200912 -0.781 91.111 -0.919
201003 2.151 91.821 2.512
201006 -3.602 91.962 -4.201
201009 0.111 92.162 0.129
201012 -1.058 92.474 -1.227
201103 8.019 94.283 9.122
201106 2.041 95.235 2.299
201109 -1.263 95.727 -1.415
201112 -0.721 95.213 -0.812
201203 -1.967 96.783 -2.180
201206 -1.691 96.819 -1.873
201209 -1.854 97.633 -2.037
201212 -2.476 96.871 -2.741
201303 -1.003 98.209 -1.095
201306 -1.530 98.518 -1.666
201309 6.307 98.790 6.847
201312 1.117 98.326 1.218
201403 0.423 99.695 0.455
201406 -6.494 100.560 -6.926
201409 0.897 100.428 0.958
201412 -1.457 99.070 -1.577
201503 -1.201 99.621 -1.293
201506 -3.125 100.684 -3.329
201509 5.804 100.392 6.201
201512 -1.738 99.792 -1.868
201603 0.229 100.470 0.244
201606 -1.834 101.688 -1.934
201609 0.646 101.861 0.680
201612 -0.456 101.863 -0.480
201703 4.846 102.862 5.053
201706 -0.955 103.349 -0.991
201709 2.190 104.136 2.256
201712 -0.441 104.011 -0.455
201803 -1.962 105.290 -1.999
201806 -0.483 106.317 -0.487
201809 2.958 106.507 2.979
201812 5.198 105.998 5.259
201903 -0.467 107.251 -0.467

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.


Fidelity Southern  (NAS:LION) 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.


Fidelity Southern Cyclically Adjusted Price-to-FCF Related Terms

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


Fidelity Southern (Fidelity Southern) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3490 Piedmont Road, Suite 1550, Atlanta, GA, USA, 30305
Fidelity Southern Corporation operates as the bank holding company based in the metropolitan Atlanta area. It offers financial products and services for business and retail customers primarily in the metropolitan Atlanta and Jacksonville, Orlando and Sarasota-Bradenton and Florida markets. The company serves both individuals and small to medium-sized businesses. It is primarily engaged in attracting deposits from individuals and businesses and using these deposits and borrowed funds to originate commercial, residential mortgage, construction and installment loans. In addition, it also conducts indirect automobile lending, residential mortgage lending, and Small Business Administration lending activities in over 10 states.
Executives
William Millard Choate director 3490 PIEDMONT ROAD, SUITE 1550, ATLANTA GA 30305
Rodney D Bullard director 3490 PIEDMONT ROAD, NE, SUITE 1550, ATLANTA GA 30305
Miller James B Jr director, 10 percent owner, officer: Chairman, other: Executive Officer C/O FIDELITY SOUTHERN CORPORATION, 3490 PIEDMONT ROAD #1550, ATLANTA GA 30305
Proctor H Palmer Jr director, officer: Executive officer
Stephen H Brolly officer: Chief Financial Officer, other: Executive Officer 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Miller James H Iii director GEORGIA POWER CO, BIN 10240 241 RALPH MCGILL BLVD, ATLANTA GA 30308-3374