GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Oak Valley Bancorp (NAS:OVLY) » Definitions » Cyclically Adjusted FCF per Share

Oak Valley Bancorp (Oak Valley Bancorp) Cyclically Adjusted FCF per Share : $1.88 (As of Dec. 2023)


View and export this data going back to 2003. Start your Free Trial

What is Oak Valley Bancorp 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.

Oak Valley Bancorp's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.184. 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 $1.88 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Oak Valley Bancorp's average Cyclically Adjusted FCF Growth Rate was 19.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 12.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 8.50% 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 Oak Valley Bancorp was 15.20% per year. The lowest was -2.00% per year. And the median was 9.40% per year.

As of today (2024-05-01), Oak Valley Bancorp's current stock price is $24.58. Oak Valley Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.88. Oak Valley Bancorp's Cyclically Adjusted Price-to-FCF of today is 13.07.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Oak Valley Bancorp was 25.85. The lowest was 8.92. And the median was 13.11.


Oak Valley Bancorp Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Oak Valley Bancorp'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.

Oak Valley Bancorp Cyclically Adjusted FCF per Share Chart

Oak Valley Bancorp 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 1.10 1.23 1.35 1.57 1.88

Oak Valley Bancorp 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 1.70 1.83 1.93 1.88 -

Competitive Comparison of Oak Valley Bancorp's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Oak Valley Bancorp'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.


Oak Valley Bancorp's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Oak Valley Bancorp's Cyclically Adjusted Price-to-FCF falls into.



Oak Valley Bancorp 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, Oak Valley Bancorp's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.184/129.4194*129.4194
=-0.184

Current CPI (Dec. 2023) = 129.4194.

Oak Valley Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.189 99.695 0.245
201406 0.073 100.560 0.094
201409 0.236 100.428 0.304
201412 0.236 99.070 0.308
201503 0.168 99.621 0.218
201506 0.019 100.684 0.024
201509 0.206 100.392 0.266
201512 -0.032 99.792 -0.042
201603 0.293 100.470 0.377
201606 0.299 101.688 0.381
201609 0.234 101.861 0.297
201612 0.318 101.863 0.404
201703 0.439 102.862 0.552
201706 0.397 103.349 0.497
201709 -0.004 104.136 -0.005
201712 0.060 104.011 0.075
201803 0.498 105.290 0.612
201806 0.233 106.317 0.284
201809 0.520 106.507 0.632
201812 0.329 105.998 0.402
201903 0.988 107.251 1.192
201906 -0.161 108.070 -0.193
201909 0.551 108.329 0.658
201912 0.572 108.420 0.683
202003 0.473 108.902 0.562
202006 1.123 108.767 1.336
202009 0.246 109.815 0.290
202012 0.309 109.897 0.364
202103 0.853 111.754 0.988
202106 0.236 114.631 0.266
202109 0.581 115.734 0.650
202112 -0.420 117.630 -0.462
202203 0.272 121.301 0.290
202206 0.545 125.017 0.564
202209 0.956 125.227 0.988
202212 0.861 125.222 0.890
202303 1.442 127.348 1.465
202306 1.194 128.729 1.200
202309 1.336 129.860 1.331
202312 -0.184 129.419 -0.184

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


Oak Valley Bancorp  (NAS:OVLY) 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.

Oak Valley Bancorp's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=24.58/1.88
=13.07

* 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 Oak Valley Bancorp was 25.85. The lowest was 8.92. And the median was 13.11.


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.


Oak Valley Bancorp Cyclically Adjusted FCF per Share Related Terms

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


Oak Valley Bancorp (Oak Valley Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
125 North Third Avenue, Oakdale, CA, USA, 95361
Oak Valley Bancorp is a bank holding company which operates through Oak Valley Community Bank (the Bank). The Bank offers a complement of business checking and savings accounts for its business customers. The Bank also offers commercial and real estate loans, as well as lines of credit. In addition, the bank provides other services for both individuals and businesses including online banking, remote deposit capture, mobile banking, merchant services, night depository, extended hours, wire transfer of funds, note collection, and automated teller machines in a national network. Its primary source of revenue is net interest income.
Executives
Gary Strong director 125 N THIRD AVE, OAKDALE CA 95361
Ronald C. Martin director, officer: Chief Executive Officer 125 NORTH THIRD AVENUE, OAKDALE CA 95361
Daniel J Leonard director 125 NORTH THIRD AVE, OAKDALE CA 95361
Holder H Randolph Jr director 125 N THIRD AVE, OAKDALE CA 95361
Lynn Dickerson director 125 N 3RD AVE, OAKDALE CA 95361
Allison Lafferty director 125 N THIRD AVE, OAKDALE CA 95361
James L Gilbert director 125 NORTH THIRD AVENUE, OAKDALE CA 95361
Don Barton director 125 NORTH THIRD AVENUE, OAKDALE CA 95361
Janet S Pelton director 125 NORTH THIRD AVE, OAKDALE CA 95361
Christopher M. Courtney director, officer: President 125 NORTH THIRD AVENUE, OAKDALE CA 95361
Cathy Ghan officer: EVP Commercial Real Estate 125 N THIRD AVE, OAKDALE CA 95361
Terrance P Withrow director 125 NORTH THIRD AVE, OAKDALE CA 95361
Thomas A Haidlen director 125 NORTH THIRD AVENUE, OAKDALE CA 95361
Richard A. Mccarty officer: Chief Financial Officer 125 NORTH THIRD AVENUE, OAKDALE CA 95361
Gary Stephens officer: EVP Commercial Banking Group 125 N THIRD AVE, OAKDALE CA 95361

Oak Valley Bancorp (Oak Valley Bancorp) Headlines