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QNB (QNBC) Cyclically Adjusted Price-to-FCF : 5.47 (As of Apr. 27, 2024)


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What is QNB Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), QNB's current share price is $23.59. QNB's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.31. QNB's Cyclically Adjusted Price-to-FCF for today is 5.47.

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

QNBC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.09   Med: 10.43   Max: 14.74
Current: 5.47

During the past years, QNB's highest Cyclically Adjusted Price-to-FCF was 14.74. The lowest was 5.09. And the median was 10.43.

QNBC's Cyclically Adjusted Price-to-FCF is ranked better than
65.62% of 832 companies
in the Banks industry
Industry Median: 7.405 vs QNBC: 5.47

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.

QNB's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.616. 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 $4.31 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


QNB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for QNB'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.

QNB Cyclically Adjusted Price-to-FCF Chart

QNB 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 10.82 9.54 9.18 5.99 6.03

QNB 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 5.76 5.22 5.40 6.03 -

Competitive Comparison of QNB's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, QNB'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.


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

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

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



QNB 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=23.59/4.31
=5.47

* 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.

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

For example, QNB'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)
=1.616/129.4194*129.4194
=1.616

Current CPI (Dec. 2023) = 129.4194.

QNB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.741 99.695 -0.962
201406 0.542 100.560 0.698
201409 0.767 100.428 0.988
201412 0.930 99.070 1.215
201503 0.242 99.621 0.314
201506 0.819 100.684 1.053
201509 0.984 100.392 1.269
201512 0.500 99.792 0.648
201603 1.003 100.470 1.292
201606 0.915 101.688 1.165
201609 0.401 101.861 0.509
201612 0.926 101.863 1.177
201703 1.348 102.862 1.696
201706 1.152 103.349 1.443
201709 0.981 104.136 1.219
201712 1.026 104.011 1.277
201803 0.860 105.290 1.057
201806 0.436 106.317 0.531
201809 1.236 106.507 1.502
201812 1.555 105.998 1.899
201903 0.250 107.251 0.302
201906 0.996 108.070 1.193
201909 1.019 108.329 1.217
201912 0.819 108.420 0.978
202003 0.534 108.902 0.635
202006 -0.081 108.767 -0.096
202009 -0.348 109.815 -0.410
202012 1.835 109.897 2.161
202103 1.466 111.754 1.698
202106 0.709 114.631 0.800
202109 2.287 115.734 2.557
202112 3.197 117.630 3.517
202203 0.636 121.301 0.679
202206 1.484 125.017 1.536
202209 1.363 125.227 1.409
202212 1.083 125.222 1.119
202303 1.105 127.348 1.123
202306 0.844 128.729 0.849
202309 0.223 129.860 0.222
202312 1.616 129.419 1.616

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.


QNB  (OTCPK:QNBC) 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.


QNB Cyclically Adjusted Price-to-FCF Related Terms

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


QNB (QNBC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
15 North Third Street, P.O. Box 9005, Quakertown, PA, USA, 18951-9005
QNB Corp is a bank holding company based in the United States. It operates through its wholly-owned subsidiary, QNB Bank which engages in the general commercial banking business and offering a full range of banking services to its customers. Its business activities involve attracting deposits and using funds in making commercial loans, residential mortgage loans, consumer loans, and purchasing investment securities. The loan portfolio includes commercial loans, such as commercial and industrial, construction, and loans secured by commercial real estate and residential real estate, and retail loans, including home equity loans and lines, and consumer loans. It generates revenue from net interest income.
Executives
Jennifer L Mann director P. O. BOX 9005, QUAKERTOWN PA 18951
Randy S. Bimes director P.O. BOX 9005, QUAKERTOWN PA 18951-9005
Laurie Bergman director 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Ranajoy Ray-chaudhuri director PO BOX 9005, QUAKERTOWN PA 18951-9005
Brown Kenneth F Jr director P.O. BOX 9005, QUAKERTOWN PA 18951
Dennis Helf director P.O. BOX 9005, QUAKERTOWN PA 18951
Thomas J Bisko director, officer: President/CEO P.O. BOX 9005, QUAKERTOWN PA 18951
Autumn R Bayles director QNB CORP, P.O. BOX 9005, QUAKERTOWN PA 18951
W Randall Stauffer director P.O. BOX 9005, QUAKERTOWN PA 18951
Scott R Stevenson director P.O. BOX 9005, QUAKERTOWN PA 18951
Covelens Courtney Lee officer: EVP, Chief Retail Officer PO BOX 9005, QUAKERTOWN PA 18951-9005
Christina S Mcdonald officer: EVP, Marketing 523 KINGSTON ROAD, ORELAND PA 19075
Jeffrey Lehocky officer: EVP, Chief Financial Officer 15 NORTH THIRD STREET, P.O. BOX 9005, QUAKERTOWN PA 18951-9005
Mary Elizabeth Liddle officer: SVP Chief Acc Off, acting CFO P.O. BOX 9005, QUAKERTOWN PA 18951-8005
David W. Freeman officer: President/COO P.O. BOX 9005, QUAKERTOWN PA 18951

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