GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kearny Financial Corp (NAS:KRNY) » Definitions » Cyclically Adjusted FCF per Share

KRNY (Kearny Financial) Cyclically Adjusted FCF per Share : $0.65 (As of Dec. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Kearny Financial 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.

Kearny Financial's adjusted free cash flow per share for the three months ended in Dec. 2024 was $-0.060. 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 $0.65 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Kearny Financial's average Cyclically Adjusted FCF Growth Rate was 4.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 16.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 15.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 11.50% 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 Kearny Financial was 19.70% per year. The lowest was 5.70% per year. And the median was 9.40% per year.

As of today (2025-03-27), Kearny Financial's current stock price is $6.39. Kearny Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was $0.65. Kearny Financial's Cyclically Adjusted Price-to-FCF of today is 9.83.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Kearny Financial was 61.54. The lowest was 8.14. And the median was 32.77.


Kearny Financial Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Kearny Financial'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.

Kearny Financial Cyclically Adjusted FCF per Share Chart

Kearny Financial Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.42 0.52 0.60 0.66

Kearny Financial Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.62 0.66 0.66 0.66 0.65

Competitive Comparison of Kearny Financial's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Kearny Financial'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.


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

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

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


;
;

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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.06/133.1571*133.1571
=-0.060

Current CPI (Dec. 2024) = 133.1571.

Kearny Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.172 99.621 0.230
201506 -0.054 100.684 -0.071
201509 0.047 100.392 0.062
201512 0.124 99.792 0.165
201603 0.083 100.470 0.110
201606 0.158 101.688 0.207
201609 0.028 101.861 0.037
201612 0.087 101.863 0.114
201703 0.137 102.862 0.177
201706 0.159 103.349 0.205
201709 0.063 104.136 0.081
201712 0.097 104.011 0.124
201803 0.161 105.290 0.204
201806 0.124 106.317 0.155
201809 0.118 106.507 0.148
201812 0.098 105.998 0.123
201903 0.150 107.251 0.186
201906 -0.009 108.070 -0.011
201909 0.118 108.329 0.145
201912 0.146 108.420 0.179
202003 0.016 108.902 0.020
202006 -0.124 108.767 -0.152
202009 0.055 109.815 0.067
202012 0.280 109.897 0.339
202103 0.325 111.754 0.387
202106 0.195 114.631 0.227
202109 0.067 115.734 0.077
202112 0.288 117.630 0.326
202203 0.423 121.301 0.464
202206 0.343 125.017 0.365
202209 0.301 125.227 0.320
202212 0.239 125.222 0.254
202303 0.328 127.348 0.343
202306 0.181 128.729 0.187
202309 0.195 129.860 0.200
202312 0.110 129.419 0.113
202403 0.282 131.776 0.285
202406 0.117 132.554 0.118
202409 0.019 133.029 0.019
202412 -0.060 133.157 -0.060

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


Kearny Financial  (NAS:KRNY) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.39/0.65
=9.83

* 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 Kearny Financial was 61.54. The lowest was 8.14. And the median was 32.77.


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.


Kearny Financial Cyclically Adjusted FCF per Share Related Terms

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


Kearny Financial Business Description

Industry
Traded in Other Exchanges
N/A
Address
120 Passaic Avenue, Fairfield, NJ, USA, 07004
Kearny Financial Corp is a federally-chartered stock savings bank. The bank is engaged in the business of attracting deposits from the general public in New Jersey and New York, and using these deposits, together with other funds, to originate or purchase loans for its portfolios and invest in securities. The bank's loan portfolio is chiefly comprised of loans collateralized by commercial and residential real estate. The bank's primary source of income is net interest income.
Executives
Melvina Wong-zaza director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Thomas Demedici officer: EVP and CCO 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Charles J Pivirotto director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Bilotta Anthony V Jr officer: EVP and Chief Banking Officer 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Keith Suchodolski officer: EVP and CFO 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Patrick M Joyce officer: EVP/CLO C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Christopher Petermann director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
John F Mcgovern director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Curtland E Fields director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Timothy A Swansson officer: EVP and CTIO 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Leopold W Montanaro director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Mazur John J Jr director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
John F Regan director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Raymond E. Chandonnet director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Theodore J Aanensen director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004