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Simmons First National (FRA:SN9) Cyclically Adjusted FCF per Share : €1.93 (As of Mar. 2024)


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What is Simmons First National 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.

Simmons First National's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.350. 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 €1.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Simmons First National's average Cyclically Adjusted FCF Growth Rate was 19.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 17.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 8.10% 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 Simmons First National was 17.30% per year. The lowest was -6.60% per year. And the median was 2.50% per year.

As of today (2024-06-21), Simmons First National's current stock price is €15.00. Simmons First National's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.93. Simmons First National's Cyclically Adjusted Price-to-FCF of today is 7.77.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Simmons First National was 34.23. The lowest was 7.56. And the median was 20.99.


Simmons First National Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Simmons First National'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.

Simmons First National Cyclically Adjusted FCF per Share Chart

Simmons First National 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 - 1.01 1.37 1.61 1.89

Simmons First National 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 1.61 1.68 1.61 1.89 1.93

Competitive Comparison of Simmons First National's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Simmons First National'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.


Simmons First National's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Simmons First National's Cyclically Adjusted Price-to-FCF falls into.



Simmons First National 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, Simmons First National'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)
=0.35/131.7762*131.7762
=0.350

Current CPI (Mar. 2024) = 131.7762.

Simmons First National Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.030 100.560 -0.039
201409 0.265 100.428 0.348
201412 -0.010 99.070 -0.013
201503 0.282 99.621 0.373
201506 -0.059 100.684 -0.077
201509 0.848 100.392 1.113
201512 0.040 99.792 0.053
201603 -0.116 100.470 -0.152
201606 0.729 101.688 0.945
201609 0.372 101.861 0.481
201612 0.067 101.863 0.087
201703 0.235 102.862 0.301
201706 0.464 103.349 0.592
201709 0.391 104.136 0.495
201712 0.008 104.011 0.010
201803 0.650 105.290 0.814
201806 0.241 106.317 0.299
201809 0.321 106.507 0.397
201812 0.588 105.998 0.731
201903 0.791 107.251 0.972
201906 0.164 108.070 0.200
201909 0.557 108.329 0.678
201912 0.231 108.420 0.281
202003 0.744 108.902 0.900
202006 -0.210 108.767 -0.254
202009 -0.105 109.815 -0.126
202012 1.020 109.897 1.223
202103 0.566 111.754 0.667
202106 0.742 114.631 0.853
202109 0.099 115.734 0.113
202112 0.361 117.630 0.404
202203 0.429 121.301 0.466
202206 0.790 125.017 0.833
202209 0.312 125.227 0.328
202212 0.639 125.222 0.672
202303 0.646 127.348 0.668
202306 0.376 128.729 0.385
202309 -0.344 129.860 -0.349
202312 3.018 129.419 3.073
202403 0.350 131.776 0.350

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


Simmons First National  (FRA:SN9) 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.

Simmons First National's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=15.00/1.93
=7.77

* 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 Simmons First National was 34.23. The lowest was 7.56. And the median was 20.99.


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.


Simmons First National Cyclically Adjusted FCF per Share Related Terms

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


Simmons First National (FRA:SN9) Business Description

Traded in Other Exchanges
Address
501 Main Street, Pine Bluff, AR, USA, 71601
Simmons First National Corp is a financial holding company. The company through its subsidiaries is engaged in providing banking services including consumer, real estate and commercial loans, checking, savings and time deposits. The company's loan portfolio comprises construction, single-family residential and commercial loans; non-real estate loans, nonaccrual and past due loans; and credit card loans, student loans and other consumer loans. It also offers a range of products and services such as trust services, investments, agricultural finance lending, equipment lending, insurance, consumer finance and small business administration lending. All the business activity of the firm is functioned through the region of the United States.

Simmons First National (FRA:SN9) Headlines

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