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BMRC (Bank of Marin Bancorp) Cyclically Adjusted FCF per Share : $2.96 (As of Dec. 2024)


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What is Bank of Marin Bancorp Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Bank of Marin Bancorp's adjusted free cash flow per share for the three months ended in Dec. 2024 was $0.662. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $2.96 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Bank of Marin Bancorp's average Cyclically Adjusted FCF Growth Rate was 2.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Bank of Marin Bancorp was 8.20% per year. The lowest was 5.10% per year. And the median was 6.00% per year.

As of today (2025-05-11), Bank of Marin Bancorp's current stock price is $20.95. Bank of Marin Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was $2.96. Bank of Marin Bancorp's Cyclically Adjusted Price-to-FCF of today is 7.08.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bank of Marin Bancorp was 22.85. The lowest was 4.99. And the median was 14.51.


Bank of Marin Bancorp Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Bank of Marin Bancorp's Cyclically Adjusted FCF per Share 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.

Bank of Marin Bancorp Cyclically Adjusted FCF per Share Chart

Bank of Marin Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.30 2.55 2.81 2.88 2.96

Bank of Marin Bancorp Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted FCF per Share 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 2.94 2.94 2.93 2.96 -

Competitive Comparison of Bank of Marin Bancorp's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Bank of Marin Bancorp'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.


Bank of Marin Bancorp's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Bank of Marin Bancorp's Cyclically Adjusted Price-to-FCF falls into.


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Bank of Marin Bancorp Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Bank of Marin Bancorp's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.662/133.1571*133.1571
=0.662

Current CPI (Dec. 2024) = 133.1571.

Bank of Marin Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.452 99.621 0.604
201506 0.228 100.684 0.302
201509 0.631 100.392 0.837
201512 0.523 99.792 0.698
201603 0.619 100.470 0.820
201606 0.222 101.688 0.291
201609 0.769 101.861 1.005
201612 0.386 101.863 0.505
201703 0.540 102.862 0.699
201706 0.383 103.349 0.493
201709 0.638 104.136 0.816
201712 0.474 104.011 0.607
201803 0.640 105.290 0.809
201806 0.665 106.317 0.833
201809 0.875 106.507 1.094
201812 0.756 105.998 0.950
201903 0.751 107.251 0.932
201906 0.449 108.070 0.553
201909 1.028 108.329 1.264
201912 0.701 108.420 0.861
202003 0.687 108.902 0.840
202006 1.473 108.767 1.803
202009 0.085 109.815 0.103
202012 0.684 109.897 0.829
202103 0.913 111.754 1.088
202106 0.510 114.631 0.592
202109 0.833 115.734 0.958
202112 0.793 117.630 0.898
202203 0.712 121.301 0.782
202206 0.495 125.017 0.527
202209 1.185 125.227 1.260
202212 0.926 125.222 0.985
202303 0.750 127.348 0.784
202306 0.479 128.729 0.495
202309 0.839 129.860 0.860
202312 0.048 129.419 0.049
202403 0.259 131.776 0.262
202406 0.209 132.554 0.210
202409 0.608 133.029 0.609
202412 0.662 133.157 0.662

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Bank of Marin Bancorp  (NAS:BMRC) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Bank of Marin Bancorp's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=20.95/2.96
=7.08

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bank of Marin Bancorp was 22.85. The lowest was 4.99. And the median was 14.51.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Bank of Marin Bancorp Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Bank of Marin Bancorp's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Bank of Marin Bancorp Business Description

Industry
Traded in Other Exchanges
N/A
Address
504 Redwood Boulevard, Suite 100, Novato, CA, USA, 94947
Bank of Marin Bancorp is a United States-based bank holding company. It conducts business through its wholly-owned subsidiary. The Bank provides a wide range of financial services to customers such as professionals, small and middle-market businesses, and individuals residing in Marin, Sonoma, Napa, San Francisco, Alameda, Contra Costa, San Mateo counties and others. The majority of its revenue comes from interest income.
Executives
Mcdevitt Jr William H director 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
Cigdem Gencer director 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
David Bonaccorso officer: Senior Vice President 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
David A Bloom officer: Executive Vice President 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
Misako Stewart officer: EVP, Chief Credit Officer 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
Timothy D Myers officer: Senior Vice President 504 REDWOOD BOULEVARD, STE 100, NOVATO CA 94947
Arasadi Sathis officer: Executive Vice President 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
Secil Tabli Watson director 504 REDWOOD BLVD., STE. 100, NOVATO CA 94947
David A Merck officer: Principal Accounting Officer 504 REDWOOD BOULEVARD, STE. 100, NOVATO CA 94947
Kevin R Kennedy director 504 REDWOOD BLVD STE 100, NOVATO CA 94947
H Robert Heller director 90 GILMARTIN DRIVE, TIBURON CA 94920
Charles D Fite director 8707 HAMMERSMITH LANE, FAIR OAKS CA 95628-6300
Russell A Colombo director, officer: President and CEO 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
Steven I. Barlow director 504 REDWOOD BLVD., SUITE 100, NOVATO CA 94947
Sanjiv Siddharth Sanghvi director 504 REDWOOD BOULEVARD, STE 100, NOVATO CA 94947