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Mackinac Financial (Mackinac Financial) Price-to-Free-Cash-Flow : 11.58 (As of Apr. 25, 2024)


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What is Mackinac Financial Price-to-Free-Cash-Flow?

As of today (2024-04-25), Mackinac Financial's share price is $21.50. Mackinac Financial's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2021 was $1.86. Hence, Mackinac Financial's Price-to-Free-Cash-Flow Ratio for today is 11.58.

The historical rank and industry rank for Mackinac Financial's Price-to-Free-Cash-Flow or its related term are showing as below:

MFNC' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 0.73   Med: 7.6   Max: 87.58
Current: 11.58

During the past 13 years, Mackinac Financial's highest Price-to-Free-Cash-Flow Ratio was 87.58. The lowest was 0.73. And the median was 7.60.

MFNC's Price-to-Free-Cash-Flow is not ranked
in the Banks industry.
Industry Median: 6.65 vs MFNC: 11.58

Mackinac Financial's Free Cash Flow per Share for the three months ended in Jun. 2021 was $0.71. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $1.86.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Mackinac Financial was 177.70% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -16.00% per year.

During the past 13 years, Mackinac Financial's highest 3-Year average Free Cash Flow per Share Growth Rate was 89.40% per year. The lowest was -46.30% per year. And the median was 0.60% per year.


Mackinac Financial Price-to-Free-Cash-Flow Historical Data

The historical data trend for Mackinac Financial's Price-to-Free-Cash-Flow 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.

Mackinac Financial Price-to-Free-Cash-Flow Chart

Mackinac Financial Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 7.52 6.73 38.63 10.17

Mackinac Financial Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Price-to-Free-Cash-Flow 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 - 11.45 10.17 9.19 10.65

Competitive Comparison of Mackinac Financial's Price-to-Free-Cash-Flow

For the Banks - Regional subindustry, Mackinac Financial's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


Mackinac Financial's Price-to-Free-Cash-Flow Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mackinac Financial's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Mackinac Financial's Price-to-Free-Cash-Flow falls into.



Mackinac Financial Price-to-Free-Cash-Flow Calculation

Mackinac Financial's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=21.50/1.856
=11.58

Mackinac Financial's Share Price of today is $21.50.
Mackinac Financial's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.86.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Mackinac Financial  (NAS:MFNC) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Mackinac Financial Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Mackinac Financial's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Mackinac Financial (Mackinac Financial) Business Description

Traded in Other Exchanges
N/A
Address
130 South Cedar Street, Manistique, MI, USA, 49854
Mackinac Financial Corp is a bank holding company. It is engaged in the business of retail and commercial banking. Its products and services include checking and savings accounts, time deposits, interest-bearing transaction accounts, safe deposit facilities, commercial and governmental lease financing and direct, indirect consumer financing, commercial lending, treasury management products, services for small to mid-sized businesses as well as full array of personal and business deposit products and consumer loans. It earns revenue from loans, investments and other interest-bearing assets.
Executives
Paul Davison Tobias director, officer: Chief Executive Officer 38710 WOODWARD AVENUE, SUITE 240, BLOOMFIELD HILLS MI 48304
Jesse A Deering officer: EVP and CFO 260 EAST BROWN ST. SUITE 300 BIRMINGHAM MI 48009
Kelly W George director, officer: President 130 SOUTH CEDAR STREET MANISTIQUE MI 49854
Martin A Thomson director
Randolph Clare Paschke director 5700 CASS AVENUE DETROIT MI 48202
Walter J Aspatore director 255 E BROWN STREET, SUITE 120, BIRMINGHAM MI 48009
Dennis Bittner director 113 S 10TH ST ESCANADA MI 49829
Steinhardt Capital Management, Llc 10 percent owner 650 MADISON AVENUE, 17TH FLOOR NEW YORK NY 10022
David Russ Steinhardt director, 10 percent owner 650 MADISON AVENUE, 17TH FLOOR NEW YORK NY 10022
Steinhardt Capital Investors, Lllp 10 percent owner 650 MADISON AVENUE, 17TH FLOOR NEW YORK NY 10022
Mahaney Robert Edward Ii director 989 WEST WASHINGTON STREET SUITE 102 MARQUETTE MI 49855
Joseph D Garea director 469 NORTH HANLEY ROAD ST. LOUIS MO 63013
Robert Harris Orley director 25251 RIVER DRIVE FRANKLIN MI 48025
Lewis Brooks Patterson director 130 SOUTH CEDAR STREET MANISTIQUE MI 49854
Ernie R Krueger officer: Executive VP and CFO 130 SOUTH CEDAR STREET MANISTIQUE MI 49854