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Bankwell Financial Group (FRA:33W) Cyclically Adjusted FCF per Share : €2.87 (As of Mar. 2024)


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What is Bankwell Financial Group 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.

Bankwell Financial Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was €1.071. 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 €2.87 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bankwell Financial Group's average Cyclically Adjusted FCF Growth Rate was 15.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 34.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 16.90% 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 Bankwell Financial Group was 34.50% per year. The lowest was 2.30% per year. And the median was 21.50% per year.

As of today (2024-05-16), Bankwell Financial Group's current stock price is €21.60. Bankwell Financial Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.87. Bankwell Financial Group's Cyclically Adjusted Price-to-FCF of today is 7.53.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bankwell Financial Group was 22.87. The lowest was 7.44. And the median was 17.01.


Bankwell Financial Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Bankwell Financial Group'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.

Bankwell Financial Group Cyclically Adjusted FCF per Share Chart

Bankwell Financial Group 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 1.27 0.94 1.43 2.44 2.76

Bankwell Financial Group 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 2.53 2.73 2.87 2.76 2.87

Competitive Comparison of Bankwell Financial Group's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Bankwell Financial Group'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.


Bankwell Financial Group's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Bankwell Financial Group's Cyclically Adjusted Price-to-FCF falls into.



Bankwell Financial Group 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, Bankwell Financial Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.071/129.4194*129.4194
=1.071

Current CPI (Mar. 2024) = 129.4194.

Bankwell Financial Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.071 100.560 0.091
201409 0.103 100.428 0.133
201412 0.780 99.070 1.019
201503 0.288 99.621 0.374
201506 0.489 100.684 0.629
201509 0.406 100.392 0.523
201512 0.363 99.792 0.471
201603 0.429 100.470 0.553
201606 0.359 101.688 0.457
201609 0.522 101.861 0.663
201612 -0.247 101.863 -0.314
201703 0.796 102.862 1.002
201706 0.297 103.349 0.372
201709 0.451 104.136 0.561
201712 0.605 104.011 0.753
201803 0.747 105.290 0.918
201806 -0.101 106.317 -0.123
201809 0.610 106.507 0.741
201812 0.551 105.998 0.673
201903 0.044 107.251 0.053
201906 -0.167 108.070 -0.200
201909 -0.288 108.329 -0.344
201912 1.104 108.420 1.318
202003 -1.964 108.902 -2.334
202006 0.455 108.767 0.541
202009 0.442 109.815 0.521
202012 0.741 109.897 0.873
202103 1.513 111.754 1.752
202106 0.017 114.631 0.019
202109 1.303 115.734 1.457
202112 0.506 117.630 0.557
202203 2.491 121.301 2.658
202206 2.691 125.017 2.786
202209 2.361 125.227 2.440
202212 2.130 125.222 2.201
202303 0.786 127.348 0.799
202306 1.418 128.729 1.426
202309 1.543 129.860 1.538
202312 -0.093 129.419 -0.093
202403 1.071 129.419 1.071

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


Bankwell Financial Group  (FRA:33W) 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.

Bankwell Financial Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=21.60/2.87
=7.53

* 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 Bankwell Financial Group was 22.87. The lowest was 7.44. And the median was 17.01.


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.


Bankwell Financial Group Cyclically Adjusted FCF per Share Related Terms

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


Bankwell Financial Group (FRA:33W) Business Description

Traded in Other Exchanges
Address
258 Elm Street, New Canaan, CT, USA, 06840
Bankwell Financial Group Inc is a bank holding company, engaged in providing financial products and services. It offers products related to commercial lending, retail lending, depository services, and others. The bank's commercial lending products include owner-occupied commercial real estate loans, commercial real estate investment loans, commercial loans to small and mid-sized businesses, and real estate construction and development loans. The retail lending products include residential mortgage loans, home equity lines of credit, and consumer installment loans. Its depository products include checking, savings, money market, certificates of deposit, noninterest-bearing demand, and time deposits.

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