GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MVB Financial Corp (STU:MV6) » Definitions » Cyclically Adjusted FCF per Share

MVB Financial (STU:MV6) Cyclically Adjusted FCF per Share : €1.22 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is MVB 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.

MVB Financial's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-1.836. 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 €1.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, MVB Financial's average Cyclically Adjusted FCF Growth Rate was -2.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 35.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 72.90% 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 MVB Financial was 119.20% per year. The lowest was -31.40% per year. And the median was 52.10% per year.

As of today (2024-05-24), MVB Financial's current stock price is €16.80. MVB Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.22. MVB Financial's Cyclically Adjusted Price-to-FCF of today is 13.77.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of MVB Financial was 952.50. The lowest was 10.05. And the median was 50.66.


MVB Financial Cyclically Adjusted FCF per Share Historical Data

The historical data trend for MVB 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.

MVB Financial Cyclically Adjusted FCF per Share Chart

MVB Financial 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 - 0.66 1.05 1.48 1.94

MVB Financial 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 1.28 1.53 1.14 1.94 1.22

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

For the Banks - Regional subindustry, MVB 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.


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

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

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



MVB 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, MVB Financial'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)
=-1.836/131.7762*131.7762
=-1.836

Current CPI (Mar. 2024) = 131.7762.

MVB Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.372 100.560 -1.798
201409 1.457 100.428 1.912
201412 -1.924 99.070 -2.559
201503 -5.768 99.621 -7.630
201506 0.775 100.684 1.014
201509 4.971 100.392 6.525
201512 -3.236 99.792 -4.273
201603 0.644 100.470 0.845
201606 -2.443 101.688 -3.166
201609 0.988 101.861 1.278
201612 3.039 101.863 3.931
201703 1.696 102.862 2.173
201706 -2.773 103.349 -3.536
201709 2.727 104.136 3.451
201712 0.627 104.011 0.794
201803 0.938 105.290 1.174
201806 -3.173 106.317 -3.933
201809 2.545 106.507 3.149
201812 -0.390 105.998 -0.485
201903 0.860 107.251 1.057
201906 -2.913 108.070 -3.552
201909 -2.734 108.329 -3.326
201912 4.155 108.420 5.050
202003 -5.887 108.902 -7.124
202006 -3.196 108.767 -3.872
202009 14.739 109.815 17.687
202012 1.291 109.897 1.548
202103 0.600 111.754 0.707
202106 -0.424 114.631 -0.487
202109 0.388 115.734 0.442
202112 1.509 117.630 1.690
202203 -4.113 121.301 -4.468
202206 3.368 125.017 3.550
202209 1.077 125.227 1.133
202212 0.238 125.222 0.250
202303 -0.407 127.348 -0.421
202306 2.507 128.729 2.566
202309 0.617 129.860 0.626
202312 1.295 129.419 1.319
202403 -1.836 131.776 -1.836

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


MVB Financial  (STU:MV6) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=16.80/1.22
=13.77

* 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 MVB Financial was 952.50. The lowest was 10.05. And the median was 50.66.


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.


MVB Financial Cyclically Adjusted FCF per Share Related Terms

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


MVB Financial (STU:MV6) Business Description

Industry
Traded in Other Exchanges
Address
301 Virginia Avenue, Fairmont, WV, USA, 26554
MVB Financial Corp is a bank holding company. The company provides community banking, mortgage banking, insurance and wealth management services to individuals and corporate clients in the Mid-Atlantic region. The Bank offers its customers various products, such as checking accounts, negotiable order of withdrawal (NOW) accounts, money market and savings accounts, time certificates of deposit, commercial, installment, commercial real estate and residential real estate mortgage loans, debit cards, and safe deposit rental facilities. MVB has five reportable segments: CoRe banking; mortgage banking; professional services; Edge Ventures and the financial holding company. It generates a majority of its revenues from its CoRe banking segment.

MVB Financial (STU:MV6) Headlines

No Headlines