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CHCO (City Holding Co) Cyclically Adjusted FCF per Share : $7.02 (As of Mar. 2025)


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What is City Holding Co 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.

City Holding Co's adjusted free cash flow per share for the three months ended in Mar. 2025 was $2.137. 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 $7.02 for the trailing ten years ended in Mar. 2025.

During the past 12 months, City Holding Co's average Cyclically Adjusted FCF Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 8.40% 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 City Holding Co was 195.30% per year. The lowest was -55.70% per year. And the median was 6.30% per year.

As of today (2025-05-13), City Holding Co's current stock price is $121.605. City Holding Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $7.02. City Holding Co's Cyclically Adjusted Price-to-FCF of today is 17.32.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of City Holding Co was 21.73. The lowest was 12.54. And the median was 16.67.


City Holding Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for City Holding Co'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.

City Holding Co Cyclically Adjusted FCF per Share Chart

City Holding Co 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 4.47 4.99 5.68 6.21 6.83

City Holding Co 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 6.48 6.65 6.75 6.83 7.02

Competitive Comparison of City Holding Co's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, City Holding Co'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.


City Holding Co's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where City Holding Co's Cyclically Adjusted Price-to-FCF falls into.


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City Holding Co 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, City Holding Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.137/134.9266*134.9266
=2.137

Current CPI (Mar. 2025) = 134.9266.

City Holding Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.241 100.684 -0.323
201509 2.186 100.392 2.938
201512 0.150 99.792 0.203
201603 0.953 100.470 1.280
201606 1.485 101.688 1.970
201609 0.530 101.861 0.702
201612 1.043 101.863 1.382
201703 1.194 102.862 1.566
201706 1.228 103.349 1.603
201709 0.838 104.136 1.086
201712 1.245 104.011 1.615
201803 0.682 105.290 0.874
201806 1.454 106.317 1.845
201809 1.221 106.507 1.547
201812 1.011 105.998 1.287
201903 1.125 107.251 1.415
201906 1.643 108.070 2.051
201909 1.684 108.329 2.097
201912 1.693 108.420 2.107
202003 1.230 108.902 1.524
202006 1.650 108.767 2.047
202009 0.732 109.815 0.899
202012 1.666 109.897 2.045
202103 1.170 111.754 1.413
202106 1.245 114.631 1.465
202109 2.156 115.734 2.514
202112 1.873 117.630 2.148
202203 1.871 121.301 2.081
202206 1.092 125.017 1.179
202209 2.415 125.227 2.602
202212 2.271 125.222 2.447
202303 2.647 127.348 2.805
202306 1.752 128.729 1.836
202309 2.413 129.860 2.507
202312 2.230 129.419 2.325
202403 2.131 131.776 2.182
202406 1.891 132.554 1.925
202409 2.525 133.029 2.561
202412 2.238 133.157 2.268
202503 2.137 134.927 2.137

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


City Holding Co  (NAS:CHCO) 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.

City Holding Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=121.605/7.02
=17.32

* 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 City Holding Co was 21.73. The lowest was 12.54. And the median was 16.67.


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.


City Holding Co Cyclically Adjusted FCF per Share Related Terms

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


City Holding Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
25 Gatewater Road, P.O. Box 7520, Charleston, WV, USA, 25313
City Holding Co is a financial holding company. The company conducts its principal activities through its wholly-owned subsidiary, City National Bank of West Virginia (City National). Through the bank, it provides banking, trust and investment management, and other financial solutions through its network of banking offices located in the states of West Virginia, Virginia, southeastern Ohio, and Kentucky. It offers various products and services such as overdraft facilities, savings accounts, credit cards and debit cards, loans for various purposes, investment advisory, securities brokerage, insurance products, and others. The company's business activities are currently limited to one reportable business segment, which is community banking.
Executives
Robert D Fisher director
Diane W Strong-treister director 503 PENNSYLVANIA AVENUE, CHARLESTON WV 25302
File W H Iii director DRAWER L, BECKLEY WV 25802
David L Bumgarner officer: SVP & Chief Financial Officer 214 BENT TREE ESTATES, SCOTT DEPOT WV 25560
Charles W Fairchilds director C/O COMMUNITY FINANCIAL CORP, 38 NORTH CENTRAL AVENUE, STAUNTON VA 24401
John A Derito officer: EVP, Commercial Banking 6 FOXCHASE ROAD, CHARLESTON WV 25304
Charles R Hageboeck director, officer: President & CEO
Sharon Horton Rowe director 25 GATEWATER ROAD, CROSS LANES WV 25313
C Dallas Kayser director
Hylton Tracy W Ii director PO BOX 1109, BECKLEY WV 25802-1109
Gregory A Burton director 4504 WASHINGTON AVENUE SE, CHARLESTON WV 25304
Quinlan Michael T Jr officer: SVP, Branch Banking 209 PARKVIEW DRIVE, ST ALBANS WV 25177
James L Rossi director
J. Thomas Jones director ONE CITYPLACE DRIVE, SUITE 300, ST. LOUIS MO 63141
Jeffrey Dale Legge officer: SVP, CAO & CIO 634 RIDGEWOOD ROAD, HUNTINGTON WV 25701