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Popular (Popular) Cyclically Adjusted Price-to-FCF : 9.71 (As of Apr. 30, 2024)


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What is Popular Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Popular's current share price is $85.24. Popular's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $8.78. Popular's Cyclically Adjusted Price-to-FCF for today is 9.71.

The historical rank and industry rank for Popular's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BPOP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.38   Med: 5.6   Max: 12.8
Current: 9.82

During the past years, Popular's highest Cyclically Adjusted Price-to-FCF was 12.80. The lowest was 1.38. And the median was 5.60.

BPOP's Cyclically Adjusted Price-to-FCF is ranked worse than
66.75% of 839 companies
in the Banks industry
Industry Median: 7.42 vs BPOP: 9.82

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.

Popular's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.934. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $8.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Popular Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Popular's Cyclically Adjusted Price-to-FCF 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.

Popular Cyclically Adjusted Price-to-FCF Chart

Popular Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.43 8.30 10.67 7.52 9.34

Popular Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 6.49 6.78 7.13 9.34 -

Competitive Comparison of Popular's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Popular'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.


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

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

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



Popular Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Popular's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=85.24/8.78
=9.71

* 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.

Popular's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Popular'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)
=1.934/129.4194*129.4194
=1.934

Current CPI (Dec. 2023) = 129.4194.

Popular Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.442 99.695 1.872
201406 1.415 100.560 1.821
201409 4.686 100.428 6.039
201412 0.431 99.070 0.563
201503 -0.218 99.621 -0.283
201506 1.724 100.684 2.216
201509 1.557 100.392 2.007
201512 2.210 99.792 2.866
201603 1.349 100.470 1.738
201606 1.572 101.688 2.001
201609 0.596 101.861 0.757
201612 1.284 101.863 1.631
201703 1.630 102.862 2.051
201706 1.798 103.349 2.252
201709 2.493 104.136 3.098
201712 -0.303 104.011 -0.377
201803 1.738 105.290 2.136
201806 1.592 106.317 1.938
201809 2.373 106.507 2.884
201812 1.872 105.998 2.286
201903 1.546 107.251 1.866
201906 1.534 108.070 1.837
201909 1.985 108.329 2.371
201912 1.320 108.420 1.576
202003 1.957 108.902 2.326
202006 1.240 108.767 1.475
202009 2.015 109.815 2.375
202012 1.980 109.897 2.332
202103 2.053 111.754 2.378
202106 3.290 114.631 3.714
202109 2.546 115.734 2.847
202112 3.585 117.630 3.944
202203 2.315 121.301 2.470
202206 3.535 125.017 3.659
202209 3.968 125.227 4.101
202212 2.289 125.222 2.366
202303 1.634 127.348 1.661
202306 2.078 128.729 2.089
202309 1.022 129.860 1.019
202312 1.934 129.419 1.934

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


Popular  (NAS:BPOP) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Popular Cyclically Adjusted Price-to-FCF Related Terms

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


Popular (Popular) Business Description

Industry
Traded in Other Exchanges
Address
209 Munoz Rivera Avenue, Hato Rey, PRI, 00918
Popular Inc, based in Puerto Rico, is a financial holding company with four main subsidiaries: Banco Popular de Puerto Rico, the largest bank in Puerto Rico in terms of assets; Banco Popular North America, its banking operation in the continental United States; Evertec, a data processor; and Popular Financial Holdings, a diversified financial services company. Popular recently restructured PFH and moved much of its activities into BPNA.
Executives
Eli Sepulveda officer: EVP P O BOX 362708, SAN JUAN PR 00936-2708
Eduardo J. Negron officer: Senior Vice President P.O. BOX 362708, SAN JUAN PR 00936-2708
Camille Burckhart officer: Executive Vice President PO BOX 362708, SAN JUAN PR 00936-2708
Maria Luisa Ferre director PO BOX 9066590, SAN JUAN PR 00906-6590
Gilberto Monzon officer: EXECUTIVE VICE PRESIDENT P. O. BOX 362708, SAN JUAN PR 00936-2708
Jorge J. Garcia officer: Senior VP & Comptroller P O BOX 362708, SAN JUAN PR 00936-2708
Alejandro M Sanchez director C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Carlos J Vazquez officer: EVP P O BOX 195334, SAN JUAN PR 00919-5334
C Kim Goodwin director C/O AKAMAI TECHNOLOGIES, INC., 8 CAMBRIDGE CENTER, CAMBRIDGE MA 02142
Jose R. Coleman-tio officer: EVP & CHIEF LEGAL OFFICER P.O. BOX 362708, SAN JUAN PR 00936-2709
Luis E. Cestero officer: Executive Vice President P O BOX 362708, SAN JUAN PR 00936-2708
Juan Guerrero officer: Executive Vice President P.O. BOX 362708, SAN JUAN PR 00936-2708
Richard L Carrion director, officer: President & Chairman POPULAR INC & BANCO POPULAR DE, 209 MONZ RIVERA AVE 3RD FL PURERTO RICO, HATO REY PR 00918
Carlos Unanue director P O BOX 601467, SAN JUAN PR 00960
Ignacio Alvarez officer: EVP & GENERAL COUNSEL P O BOX 362708, SAN JUAN PR 00936-2708