GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Northern Community Bancorp (OTCPK:FNRN) » Definitions » Cyclically Adjusted FCF per Share

First Northern Community Bancorp (First Northern Community Bancorp) Cyclically Adjusted FCF per Share : $1.21 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is First Northern Community 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.

First Northern Community Bancorp's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.117. 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 $1.21 for the trailing ten years ended in Dec. 2023.

During the past 12 months, First Northern Community Bancorp's average Cyclically Adjusted FCF Growth Rate was 6.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 5.80% 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 First Northern Community Bancorp was 13.20% per year. The lowest was -6.30% per year. And the median was 7.10% per year.

As of today (2024-05-01), First Northern Community Bancorp's current stock price is $8.94. First Northern Community Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.21. First Northern Community Bancorp's Cyclically Adjusted Price-to-FCF of today is 7.39.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of First Northern Community Bancorp was 12.63. The lowest was 3.82. And the median was 7.47.


First Northern Community Bancorp Cyclically Adjusted FCF per Share Historical Data

The historical data trend for First Northern Community 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.

First Northern Community Bancorp Cyclically Adjusted FCF per Share Chart

First Northern Community Bancorp 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 0.91 0.90 1.06 1.14 1.21

First Northern Community Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.14 1.17 1.17 1.23 1.21

Competitive Comparison of First Northern Community Bancorp's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, First Northern Community 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.


First Northern Community Bancorp's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where First Northern Community Bancorp's Cyclically Adjusted Price-to-FCF falls into.



First Northern Community 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, First Northern Community Bancorp'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)
=0.117/129.4194*129.4194
=0.117

Current CPI (Dec. 2023) = 129.4194.

First Northern Community Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.103 99.695 0.134
201406 0.177 100.560 0.228
201409 0.208 100.428 0.268
201412 0.158 99.070 0.206
201503 -0.040 99.621 -0.052
201506 0.445 100.684 0.572
201509 0.162 100.392 0.209
201512 0.283 99.792 0.367
201603 -0.089 100.470 -0.115
201606 0.212 101.688 0.270
201609 0.249 101.861 0.316
201612 0.195 101.863 0.248
201703 0.345 102.862 0.434
201706 0.183 103.349 0.229
201709 0.256 104.136 0.318
201712 0.246 104.011 0.306
201803 0.205 105.290 0.252
201806 0.235 106.317 0.286
201809 0.384 106.507 0.467
201812 0.174 105.998 0.212
201903 0.191 107.251 0.230
201906 0.224 108.070 0.268
201909 0.238 108.329 0.284
201912 0.400 108.420 0.477
202003 -0.357 108.902 -0.424
202006 1.185 108.767 1.410
202009 0.026 109.815 0.031
202012 -0.131 109.897 -0.154
202103 0.084 111.754 0.097
202106 0.817 114.631 0.922
202109 0.271 115.734 0.303
202112 0.387 117.630 0.426
202203 0.130 121.301 0.139
202206 0.255 125.017 0.264
202209 0.465 125.227 0.481
202212 0.456 125.222 0.471
202303 0.311 127.348 0.316
202306 0.506 128.729 0.509
202309 0.747 129.860 0.744
202312 0.117 129.419 0.117

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


First Northern Community Bancorp  (OTCPK:FNRN) 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.

First Northern Community Bancorp's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8.94/1.21
=7.39

* 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 First Northern Community Bancorp was 12.63. The lowest was 3.82. And the median was 7.47.


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.


First Northern Community Bancorp Cyclically Adjusted FCF per Share Related Terms

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


First Northern Community Bancorp (First Northern Community Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
195 North First Street, Dixon, CA, USA, 95620
First Northern Community Bancorp is a bank holding company for a community bank, First Northern Bank of Dixon. It conducts general banking activities, including collecting deposits and originating loans and serves Solano, Yolo, Sacramento, Placer, El Dorado, and Contra Costa Counties. It offers a broad range of alternative investment products and services, equipment leasing, credit cards, merchant card processing, payroll services, and limited international banking services. The bank generates majority of its revenue by providing various products and services to small and middle-sized businesses and individuals.
Executives
Jeremiah Zachary Smith director, officer: President/CEO/Director 195 N. FIRST STREET, P.O. BOX 547, DIXON CA 95620
Jeffrey A Adamski officer: EVP/Senior Loan Officer 195 N. FIRST STREET, P.O. BOX 547, DIXON CA 95620
Greg Dupratt director 195 N. 1ST STREET, DIXON CA 95620
Richard M Martinez director 195 N. FIRST STREET, PO BOX 547, DIXON CA 95620
T Joe Danelson officer: EVP/Chief Credit Officer 195 N FIRST STREET, DIXON CA 95620
Kimberly A Debra officer: EVP/Chief Communications Ofcr 195 N. FIRST STREET, P.O. BOX 547, DIXON CA 95620
Patrick R Brady director 195 N. FIRST STREET, PO BOX 547, DIXON CA 95620
Louise A Walker officer: SEVP/CFO 195 N. 1ST STREET, DIXON CA 95620
Barbara A Hayes director 195 N 1ST STREET, DIXON CA 95620
Mark C Schulze director 195 N 1ST STREET, DIXON CA 95620
Sean P Quinn director 195 N 1ST STREET, DIXON CA 95620
Kevin Spink officer: EVP/CFO 195 N 1ST STREET, DIXON CA 95620
Daniel F Ramos director 195 N 1ST STREET, DIXON CA 95620
Foy S Mcnaughton director 195 N. 1ST STREET, DIXON CA 95620
Denise Burris officer: EVP/Chief Information Officer 195 N 1ST STREET, DIXON CA 95620

First Northern Community Bancorp (First Northern Community Bancorp) Headlines

From GuruFocus