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Canandaigua National (Canandaigua National) Cyclically Adjusted Price-to-FCF : (As of Jun. 18, 2024)


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What is Canandaigua National Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Canandaigua National Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Canandaigua National'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.

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Canandaigua National Cyclically Adjusted Price-to-FCF Chart

Canandaigua National Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Price-to-FCF
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Canandaigua National Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
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Competitive Comparison of Canandaigua National's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Canandaigua 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.


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

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

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



Canandaigua National 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.

Canandaigua National's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec18 is calculated as:

For example, Canandaigua National's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec18 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec18 (Change)*Current CPI (Dec18)
=25.722/105.9979*105.9979
=25.722

Current CPI (Dec18) = 105.9979.

Canandaigua National Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200912 4.386 91.111 5.103
201012 9.297 92.474 10.657
201112 16.262 95.213 18.104
201212 7.584 96.871 8.299
201312 25.322 98.326 27.298
201412 12.887 99.070 13.788
201512 13.798 99.792 14.656
201612 17.427 101.863 18.134
201712 17.281 104.011 17.611
201812 25.722 105.998 25.722

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.


Canandaigua National  (OTCPK:CNND) 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.


Canandaigua National Cyclically Adjusted Price-to-FCF Related Terms

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Canandaigua National (Canandaigua National) Business Description

Traded in Other Exchanges
N/A
Address
72 South Main Street, Canandaigua, NY, USA, 14424
Canandaigua National Corp is a bank holding company. The company provides a full range of financial services such as banking, trust, investment, and insurance services to individuals, corporations, and municipalities.
Executives
Joseph L Dugan officer: Executive Vice President, other: Officer of subsidiaries 72 SOUTH MAIN STREET, CANANDAIGUA NY 14424
David R Morrow other: Officer of Subsidiary 72 S. MAIN ST., CANANDAIGUA NY 14424

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