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OceanFirst Financial (OceanFirst Financial) Price-to-Free-Cash-Flow

: 7.47 (As of Today)
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As of today (2024-04-16), OceanFirst Financial's share price is $14.71. OceanFirst Financial's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.97. Hence, OceanFirst Financial's Price-to-Free-Cash-Flow Ratio for today is 7.47.

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

OCFC' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 3.79   Med: 11.25   Max: 66.86
Current: 7.47

During the past 13 years, OceanFirst Financial's highest Price-to-Free-Cash-Flow Ratio was 66.86. The lowest was 3.79. And the median was 11.25.

OCFC's Price-to-Free-Cash-Flow is ranked worse than
57.85% of 994 companies
in the Banks industry
Industry Median: 6.55 vs OCFC: 7.47

OceanFirst Financial's Free Cash Flow per Share for the three months ended in Dec. 2023 was $-0.49. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $1.97.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of OceanFirst Financial was -49.30% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 0.20% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 8.80% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 6.80% per year.

During the past 13 years, OceanFirst Financial's highest 3-Year average Free Cash Flow per Share Growth Rate was 298.80% per year. The lowest was -27.70% per year. And the median was 5.25% per year.


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

The historical data trend for OceanFirst 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.

OceanFirst Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.62 9.49 11.23 5.45 8.78

OceanFirst Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow 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 Premium Member Only Premium Member Only Premium Member Only 5.45 5.39 4.46 4.65 8.78

Competitive Comparison

For the Banks - Regional subindustry, OceanFirst 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.


OceanFirst Financial Price-to-Free-Cash-Flow Distribution

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

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



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

OceanFirst 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)
=14.71/1.969
=7.47

OceanFirst Financial's Share Price of today is $14.71.
OceanFirst Financial's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.97.

* 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

OceanFirst Financial  (NAS:OCFC) 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.


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

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


OceanFirst Financial (OceanFirst Financial) Business Description

Traded in Other Exchanges
Address
110 West Front Street, Red Bank, NJ, USA, 07701
OceanFirst Financial Corp is engaged in the banking sector of the United States. It conducts the business of attracting retail and business deposits and investing them in loans, consisting of single-family, owner-occupied residential mortgage loans, and commercial real estate loans. The company's sole segment deals with the delivery of loan and deposit products to customers. The bank's revenues are derived principally from interest on its loans, and to a lesser extent, interest on its investment and mortgage-backed securities. The rest of its income is dependent on bank card services and wealth management services.
Executives
John F Barros director 975 HOOPER AVENUE, TOMS RIVER NJ 08753
Robert C Garrett director 110 WEST FRONT STREET, RED BANK NJ 07701
Anthony Iii Giordano other: Chief Retail Officer, OFB 4 KELLY LANE, LONG BRANCH NJ 07740
David Berninger officer: EVP & Chief Risk Officer 975 HOOPER AVENUE, TOMS RIVER NJ 08753
Dalila Wilson-scott director 110 WEST FRONT STREET, RED BANK NJ 07701
Oceanfirst Financial Corp director 975 HOOPER AVENUE, TOMS RIVER NJ 08723
Brian Schaeffer other: EVP & CIO, OceanFirst Bank 975 HOOPER AVENUE, TOMS RIVER NJ 08753
Joseph Iii Lebel other: EVP, CBO OceanFirst Bank 975 HOOPER AVENUE, TOMS RIVER NJ 08754
Jack M. Farris director C/O OCEANFIRST BANK, 975 HOOPER AVE., TOMS RIVER NJ 08754
Christopher Maher director, officer: Chairman, President and CEO 209 HAVEMEYER STREET, BROOKLYN NY 11211
Murphy Joseph M. Jr. director 110 WEST FRONT STREET, RED BANK NJ 07701
Patrick Sean Barrett officer: Executive Vice President & CFO C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Patrick Chong other: SVP/Principal Accounting Off. 110 WEST FRONT STREET, RED BANK NJ 07701
Michael D Devlin director 834 CENTRAL AVENUE, P.O. BOX 189, HAMMONTON NJ 08037
Nicos Katsoulis director C/O STATE BANCORP, INC., TWO JERICHO PLAZA, JERICHO NY 11753

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