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Huntington Bancshares (MEX:HBAN) Cyclically Adjusted FCF per Share : MXN24.80 (As of Mar. 2024)


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What is Huntington Bancshares 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.

Huntington Bancshares's adjusted free cash flow per share for the three months ended in Mar. 2024 was MXN4.866. 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 MXN24.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Huntington Bancshares's average Cyclically Adjusted FCF Growth Rate was 6.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 1.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -0.90% 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 Huntington Bancshares was 24.00% per year. The lowest was -15.20% per year. And the median was 2.40% per year.

As of today (2024-06-24), Huntington Bancshares's current stock price is MXN200.00. Huntington Bancshares's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was MXN24.80. Huntington Bancshares's Cyclically Adjusted Price-to-FCF of today is 8.06.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Huntington Bancshares was 12.81. The lowest was 3.39. And the median was 7.63.


Huntington Bancshares Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Huntington Bancshares'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.

Huntington Bancshares Cyclically Adjusted FCF per Share Chart

Huntington Bancshares 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 23.99 27.08 29.30 33.75 26.73

Huntington Bancshares 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 36.74 38.88 32.12 26.73 24.80

Competitive Comparison of Huntington Bancshares's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Huntington Bancshares'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.


Huntington Bancshares's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Huntington Bancshares 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, Huntington Bancshares'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)
=4.866/131.7762*131.7762
=4.866

Current CPI (Mar. 2024) = 131.7762.

Huntington Bancshares Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 3.332 100.560 4.366
201409 3.835 100.428 5.032
201412 4.125 99.070 5.487
201503 -0.580 99.621 -0.767
201506 1.422 100.684 1.861
201509 5.993 100.392 7.867
201512 12.909 99.792 17.046
201603 3.825 100.470 5.017
201606 1.989 101.688 2.578
201609 7.216 101.861 9.335
201612 8.828 101.863 11.420
201703 5.792 102.862 7.420
201706 1.712 103.349 2.183
201709 8.447 104.136 10.689
201712 12.851 104.011 16.281
201803 4.490 105.290 5.620
201806 5.006 106.317 6.205
201809 8.779 106.507 10.862
201812 9.772 105.998 12.149
201903 8.610 107.251 10.579
201906 5.942 108.070 7.245
201909 0.282 108.329 0.343
201912 11.725 108.420 14.251
202003 11.038 108.902 13.357
202006 3.904 108.767 4.730
202009 11.051 109.815 13.261
202012 0.518 109.897 0.621
202103 -2.612 111.754 -3.080
202106 18.083 114.631 20.788
202109 7.175 115.734 8.170
202112 5.677 117.630 6.360
202203 10.552 121.301 11.463
202206 12.717 125.017 13.405
202209 11.039 125.227 11.616
202212 17.369 125.222 18.278
202303 1.288 127.348 1.333
202306 6.995 128.729 7.161
202309 11.584 129.860 11.755
202312 9.680 129.419 9.856
202403 4.866 131.776 4.866

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


Huntington Bancshares  (MEX:HBAN) 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.

Huntington Bancshares's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=200.00/24.8
=8.06

* 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 Huntington Bancshares was 12.81. The lowest was 3.39. And the median was 7.63.


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.


Huntington Bancshares Cyclically Adjusted FCF per Share Related Terms

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


Huntington Bancshares (MEX:HBAN) Business Description

Address
41 South High Street, Huntington Center, Columbus, OH, USA, 43287
Huntington Bancshares is a regional bank holding company headquartered in Columbus, Ohio. The bank has a network of branches and ATMs across eight Midwestern states. Founded in 1866, Huntington National Bank and its affiliates provide consumer, small-business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. Huntington also provides auto dealer, equipment finance, national settlement, and capital market services that extend beyond its core states.