As of today (2024-04-16), Provident Financial Services's share price is $13.79.
Provident Financial Services's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $2.22. Hence, Provident Financial Services's Price-to-Free-Cash-Flow Ratio for today is 6.22.
The historical rank and industry rank for Provident Financial Services's Price-to-Free-Cash-Flow or its related term are showing as below:
PFS'
s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 5.12 Med: 11.22 Max: 20.06
Current: 6.21
During the past 13 years, Provident Financial Services's highest Price-to-Free-Cash-Flow Ratio was 20.06. The lowest was 5.12. And the median was 11.22.
PFS's Price-to-Free-Cash-Flow is ranked better than 52.11% of 994
companies
in the Banks industry
Industry Median: 6.55
vs PFS: 6.21
Provident Financial Services's Free Cash Flow per Share for the
three
months ended in Dec. 2023 was $0.60.
Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $2.22.
During the past 12 months, the average Free Cash Flow per Share Growth Rate of Provident Financial Services was -13.20% per year.
During the past 3 years, the average Free Cash Flow per Share Growth Rate was 19.50% per year.
During the past 5 years, the average Free Cash Flow per Share Growth Rate was 2.20% per year.
During the past 10 years, the average Free Cash Flow per Share Growth Rate was 2.40% per year.
During the past 13 years, Provident Financial Services's highest 3-Year average Free Cash Flow per Share Growth Rate was 86.10% per year. The lowest was -40.80% per year. And the median was -0.50% per year.
Provident Financial Services Price-to-Free-Cash-Flow Historical Data
The historical data trend for Provident Financial Services'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.
Provident Financial Services Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Price-to-Free-Cash-Flow
12.08
13.83
12.97
8.37
8.14
Provident Financial Services 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
8.37
6.93
6.85
7.05
8.14
Competitive Comparison
For the Banks - Regional subindustry, Provident Financial Services'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.
Provident Financial Services Price-to-Free-Cash-Flow Distribution
For the Banks industry and Financial Services sector, Provident Financial Services's Price-to-Free-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Provident Financial Services's Price-to-Free-Cash-Flow falls into.
Provident Financial Services's Share Price of today is $13.79.
Provident Financial Services'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 $2.22.
* 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:
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.
Provident Financial Services Price-to-Free-Cash-Flow Related Terms
Thank you for viewing the detailed overview of Provident Financial Services's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.
Provident Financial Services (Provident Financial Services) Business Description
Provident Financial Services Inc is the holding company for The Provident Bank, a community-oriented bank. The company provides a comprehensive array of financial products and services through its network of branches throughout northern and central New Jersey, and certain counties in Pennsylvania. The company's strategy emphasizes growing high-return businesses in nonstandard markets, and maintaining a secured capital structure. Commercial loans represent a plurality of the company's loans, followed by construction loans. The majority of the revenue-generating activities that are components of non-interest income are These revenue streams can generally be classified into three broad categories: wealth management revenue, insurance agency income, and banking service charges and other fees.
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