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Carter Bankshares (Carter Bankshares) Cyclically Adjusted FCF per Share : $1.85 (As of Dec. 2023)


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What is Carter Bankshares 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.

Carter Bankshares's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.266. 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 $1.85 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Carter Bankshares's average Cyclically Adjusted FCF Growth Rate was 2.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.70% 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 Carter Bankshares was 8.70% per year. The lowest was 8.70% per year. And the median was 8.70% per year.

As of today (2024-05-02), Carter Bankshares's current stock price is $12.85. Carter Bankshares's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.85. Carter Bankshares's Cyclically Adjusted Price-to-FCF of today is 6.95.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Carter Bankshares was 10.96. The lowest was 4.92. And the median was 8.19.


Carter Bankshares Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Carter Bankshares'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.

Carter Bankshares Cyclically Adjusted FCF per Share Chart

Carter Bankshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.44 1.65 1.81 1.85

Carter Bankshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.92 1.88 1.88 1.85 -

Competitive Comparison of Carter Bankshares's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Carter Bankshares'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.


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

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

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



Carter Bankshares 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, Carter Bankshares'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)
=0.266/129.4194*129.4194
=0.266

Current CPI (Dec. 2023) = 129.4194.

Carter Bankshares Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.544 99.695 0.706
201406 0.308 100.560 0.396
201409 0.263 100.428 0.339
201412 0.513 99.070 0.670
201503 0.338 99.621 0.439
201506 0.367 100.684 0.472
201509 0.247 100.392 0.318
201512 1.069 99.792 1.386
201603 0.405 100.470 0.522
201606 0.223 101.688 0.284
201609 0.084 101.861 0.107
201612 0.492 101.863 0.625
201703 0.578 102.862 0.727
201706 0.093 103.349 0.116
201709 0.583 104.136 0.725
201712 0.390 104.011 0.485
201803 0.428 105.290 0.526
201806 0.098 106.317 0.119
201809 0.418 106.507 0.508
201812 0.380 105.998 0.464
201903 0.601 107.251 0.725
201906 0.131 108.070 0.157
201909 0.111 108.329 0.133
201912 0.291 108.420 0.347
202003 -0.360 108.902 -0.428
202006 0.442 108.767 0.526
202009 -0.821 109.815 -0.968
202012 0.650 109.897 0.765
202103 -0.048 111.754 -0.056
202106 0.814 114.631 0.919
202109 1.273 115.734 1.424
202112 0.581 117.630 0.639
202203 0.453 121.301 0.483
202206 0.515 125.017 0.533
202209 0.793 125.227 0.820
202212 0.895 125.222 0.925
202303 0.863 127.348 0.877
202306 0.132 128.729 0.133
202309 0.316 129.860 0.315
202312 0.266 129.419 0.266

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


Carter Bankshares  (NAS:CARE) 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.

Carter Bankshares's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=12.85/1.85
=6.95

* 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 Carter Bankshares was 10.96. The lowest was 4.92. And the median was 8.19.


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.


Carter Bankshares Cyclically Adjusted FCF per Share Related Terms

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


Carter Bankshares (Carter Bankshares) Business Description

Industry
Traded in Other Exchanges
Address
1300 Kings Mountain Road, Martinsville, VA, USA, 24112
Carter Bankshares Inc is a bank holding company that conducts its business solely through the bank. The Bank earns revenue from interest on loans and securities and fees charged for financial services provided to customers. The Bank offers a full range of deposit services including Lifetime Free Checking, interest checking accounts, savings accounts, retirement accounts and other deposit accounts of various types, ranging from money market accounts to longer-term CDs. The Bank offers a full range of commercial and consumer loans. The Bank also originates and holds fixed and variable-rate mortgage loans and offers home equity lines of credit to its customers.
Executives
Curtis E Stephens director 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Michael R Bird director 1300 KINGS MOUNTAIN ROAD, 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Arthur Loran Adams officer: EVP, DIRECTOR OF REG RISK MNGT 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Edward Warren Matthews director CARTER BANK & TRUST, 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Robert M. Bolton director 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
James W. Haskins director CARTER BANK & TRUST, 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Van Dyke Litz H director, officer: CHIEF EXECUTIVE OFFICER CARTER BANK & TRUST, 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Catharine L. Midkiff director CARTER BANK & TRUST, 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Jane Ann Davis officer: EVP, CHIEF ADMIN. OFFICER BANK BUILDING CORPORATION, 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Gregory W Feldmann director 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Phyllis Q. Karavatakis director, officer: SR EXEC VP OF SPECIAL PROJECTS CARTER BANK & TRUST, 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Lutz Jacob A Iii director 3941 REEDS LANDING CIRCLE, MIDLOTHIAN VA 23113
Robert W Conner director CARTER BANK & TRUST, 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Tony E Kallsen officer: EVP, CHIEF CREDIT OFFICER 43 SOUTH 9TH STREET, INDIANA PA 15701
Kevin S. Bloomfield director 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112