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PRK (Park National) Cyclically Adjusted FCF per Share : $8.43 (As of Mar. 2025)


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What is Park 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.

Park National's adjusted free cash flow per share for the three months ended in Mar. 2025 was $2.265. 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 $8.43 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Park National's average Cyclically Adjusted FCF Growth Rate was 9.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 1.90% 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 Park National was 9.90% per year. The lowest was -1.40% per year. And the median was 2.60% per year.

As of today (2025-05-12), Park National's current stock price is $169.36. Park National's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $8.43. Park National's Cyclically Adjusted Price-to-FCF of today is 20.09.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Park National was 24.78. The lowest was 9.43. And the median was 15.70.


Park National Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Park 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.

Park National Cyclically Adjusted FCF per Share Chart

Park National Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.69 7.12 7.26 7.43 8.14

Park National Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 7.71 7.96 8.07 8.14 8.43

Competitive Comparison of Park National's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Park 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.


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

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

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


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Park 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, Park National's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.265/134.9266*134.9266
=2.265

Current CPI (Mar. 2025) = 134.9266.

Park National Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 1.505 100.684 2.017
201509 1.064 100.392 1.430
201512 2.178 99.792 2.945
201603 0.734 100.470 0.986
201606 1.425 101.688 1.891
201609 1.237 101.861 1.639
201612 1.825 101.863 2.417
201703 1.408 102.862 1.847
201706 1.026 103.349 1.339
201709 1.572 104.136 2.037
201712 1.170 104.011 1.518
201803 1.269 105.290 1.626
201806 2.382 106.317 3.023
201809 2.117 106.507 2.682
201812 1.943 105.998 2.473
201903 1.382 107.251 1.739
201906 0.948 108.070 1.184
201909 1.505 108.329 1.875
201912 2.091 108.420 2.602
202003 0.147 108.902 0.182
202006 -3.794 108.767 -4.706
202009 5.570 109.815 6.844
202012 3.127 109.897 3.839
202103 2.540 111.754 3.067
202106 1.858 114.631 2.187
202109 1.802 115.734 2.101
202112 2.523 117.630 2.894
202203 1.603 121.301 1.783
202206 1.622 125.017 1.751
202209 1.851 125.227 1.994
202212 2.786 125.222 3.002
202303 1.332 127.348 1.411
202306 1.964 128.729 2.059
202309 2.336 129.860 2.427
202312 3.208 129.419 3.345
202403 1.968 131.776 2.015
202406 2.979 132.554 3.032
202409 2.600 133.029 2.637
202412 2.894 133.157 2.932
202503 2.265 134.927 2.265

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


Park National  (AMEX:PRK) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=169.36/8.43
=20.09

* 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 Park National was 24.78. The lowest was 9.43. And the median was 15.70.


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.


Park National Cyclically Adjusted FCF per Share Related Terms

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


Park National Business Description

Industry
Traded in Other Exchanges
N/A
Address
50 North Third Street, P.O. Box 3500, Newark, OH, USA, 43058-3500
Park National Corp is a diversified financial services company based in Newark, Ohio, consisting of 11 community banking divisions with more than 100 offices in Ohio and Kentucky. Park National provides banking and other financial services to consumers and businesses.
Executives
Mark R Ramser director 50 N THIRD ST, NEWARK OH 43055
Englefield F W Iv director 50 NORTH THIRD STREET, P O BOX 3500, NEWARK OH 43058-3500
Dan Delawder director, officer: President and CEO
Miller Daniel Byrd Iii director 50 N THIRD ST, NEWARK OH 43055
Frederic M Bertley director 50 N THIRD ST, NEWARK OH 43055
Robert E Oneill director 50 N THIRD STREET, NEWARK OH 43055
Timothy S. Mclain director 50 NORTH THIRD STREET, PO BOX 3500, NEWARK OH 43058-3500
James R Deroberts director 50 N THIRD STREET, NEWARK OH 43055
Jason N Judd director 50 N THIRD ST, NEWARK OH 43055
Leon Zazworsky director 50 NORTH THIRD STREET, PO BOX 3500, NEWARK OH 43058-3500
Kelly A Edds officer: Chief Accounting Officer 50 N THIRD STREET, NEWARK OH 43055
Alicia J Hupp director 50 N THIRD STREET, NEWARK OH 43055
Julia A Sloat director 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Brady T Burt officer: Chief Financial Officer 0015 BENCHMARK ROAD, SUITE 300, P.O. BOX 6580, AVON CO 81620
Matthew R Miller officer: Chief Accounting Officer 50 NORTH THIRD STREET, NEWARK OH 43055