GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Investar Holding Corp (FRA:7ZH) » Definitions » Cyclically Adjusted FCF per Share

Investar Holding (FRA:7ZH) Cyclically Adjusted FCF per Share : €1.40 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Investar Holding 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.

Investar Holding's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.720. 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 €1.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Investar Holding's average Cyclically Adjusted FCF Growth Rate was 58.80% 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.

As of today (2024-06-01), Investar Holding's current stock price is €14.20. Investar Holding's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.40. Investar Holding's Cyclically Adjusted Price-to-FCF of today is 10.14.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Investar Holding was 31.99. The lowest was 9.83. And the median was 15.06.


Investar Holding Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Investar Holding'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.

Investar Holding Cyclically Adjusted FCF per Share Chart

Investar Holding 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 - - - 0.81 0.95

Investar Holding 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 0.89 0.94 0.96 0.95 1.40

Competitive Comparison of Investar Holding's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Investar Holding'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.


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

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

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



Investar Holding 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, Investar Holding'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)
=0.72/131.7762*131.7762
=0.720

Current CPI (Mar. 2024) = 131.7762.

Investar Holding Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.670 100.560 -0.878
201409 -1.880 100.428 -2.467
201412 -5.354 99.070 -7.122
201503 5.916 99.621 7.826
201506 -1.453 100.684 -1.902
201509 3.090 100.392 4.056
201512 -3.250 99.792 -4.292
201603 3.330 100.470 4.368
201606 0.630 101.688 0.816
201609 -0.333 101.861 -0.431
201612 0.531 101.863 0.687
201703 1.129 102.862 1.446
201706 -0.412 103.349 -0.525
201709 0.136 104.136 0.172
201712 0.115 104.011 0.146
201803 0.247 105.290 0.309
201806 0.225 106.317 0.279
201809 0.250 106.507 0.309
201812 0.293 105.998 0.364
201903 0.312 107.251 0.383
201906 0.427 108.070 0.521
201909 -0.073 108.329 -0.089
201912 0.278 108.420 0.338
202003 -0.079 108.902 -0.096
202006 0.014 108.767 0.017
202009 0.452 109.815 0.542
202012 0.404 109.897 0.484
202103 0.638 111.754 0.752
202106 0.787 114.631 0.905
202109 0.597 115.734 0.680
202112 0.411 117.630 0.460
202203 1.736 121.301 1.886
202206 0.116 125.017 0.122
202209 1.167 125.227 1.228
202212 0.836 125.222 0.880
202303 1.126 127.348 1.165
202306 0.251 128.729 0.257
202309 0.984 129.860 0.999
202312 0.012 129.419 0.012
202403 0.720 131.776 0.720

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


Investar Holding  (FRA:7ZH) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=14.20/1.4
=10.14

* 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 Investar Holding was 31.99. The lowest was 9.83. And the median was 15.06.


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.


Investar Holding Cyclically Adjusted FCF per Share Related Terms

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


Investar Holding (FRA:7ZH) Business Description

Industry
Traded in Other Exchanges
Address
10500 Coursey Boulevard, Baton Rouge, LA, USA, 70816
Investar Holding Corp is a US-based financial holding company. Through its subsidiaries, it offers a variety of commercial and retail lending products throughout its market areas, including business loans to small to medium-sized businesses, as well as loans to individuals. It has business operations spread across the United States and serves its customers through several service branches. The bank also offers cashiers' checks, direct deposit of payroll and Social Security checks, night depository, bank-by-mail, automated teller machines with deposit automation and debit cards.

Investar Holding (FRA:7ZH) Headlines

No Headlines