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Carter Bankshares (FRA:6NH) Cyclically Adjusted Price-to-FCF : 6.73 (As of May. 31, 2024)


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What is Carter Bankshares Cyclically Adjusted Price-to-FCF?

As of today (2024-05-31), Carter Bankshares's current share price is €11.30. Carter Bankshares's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.68. Carter Bankshares's Cyclically Adjusted Price-to-FCF for today is 6.73.

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

FRA:6NH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.92   Med: 8.09   Max: 10.96
Current: 6.59

During the past years, Carter Bankshares's highest Cyclically Adjusted Price-to-FCF was 10.96. The lowest was 4.92. And the median was 8.09.

FRA:6NH's Cyclically Adjusted Price-to-FCF is ranked better than
56.2% of 831 companies
in the Banks industry
Industry Median: 7.29 vs FRA:6NH: 6.59

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.

Carter Bankshares's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.660. 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 €1.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carter Bankshares Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Carter Bankshares'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.

Carter Bankshares Cyclically Adjusted Price-to-FCF Chart

Carter Bankshares 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 - 7.46 9.32 9.19 8.10

Carter Bankshares 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 7.31 7.89 6.65 8.10 6.72

Competitive Comparison of Carter Bankshares's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Carter Bankshares'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.


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

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

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



Carter Bankshares 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.30/1.68
=6.73

* 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.

Carter Bankshares's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Carter Bankshares'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)
=0.66/131.7762*131.7762
=0.660

Current CPI (Mar. 2024) = 131.7762.

Carter Bankshares Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.227 100.560 0.297
201409 0.204 100.428 0.268
201412 0.416 99.070 0.553
201503 0.312 99.621 0.413
201506 0.327 100.684 0.428
201509 0.220 100.392 0.289
201512 0.981 99.792 1.295
201603 0.364 100.470 0.477
201606 0.199 101.688 0.258
201609 0.075 101.861 0.097
201612 0.467 101.863 0.604
201703 0.540 102.862 0.692
201706 0.083 103.349 0.106
201709 0.489 104.136 0.619
201712 0.329 104.011 0.417
201803 0.347 105.290 0.434
201806 0.084 106.317 0.104
201809 0.359 106.507 0.444
201812 0.334 105.998 0.415
201903 0.532 107.251 0.654
201906 0.116 108.070 0.141
201909 0.100 108.329 0.122
201912 0.262 108.420 0.318
202003 -0.326 108.902 -0.394
202006 0.392 108.767 0.475
202009 -0.697 109.815 -0.836
202012 0.535 109.897 0.642
202103 -0.040 111.754 -0.047
202106 0.676 114.631 0.777
202109 1.082 115.734 1.232
202112 0.514 117.630 0.576
202203 0.411 121.301 0.446
202206 0.487 125.017 0.513
202209 0.801 125.227 0.843
202212 0.845 125.222 0.889
202303 0.806 127.348 0.834
202306 0.122 128.729 0.125
202309 0.296 129.860 0.300
202312 0.244 129.419 0.248
202403 0.660 131.776 0.660

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.


Carter Bankshares  (FRA:6NH) 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.


Carter Bankshares Cyclically Adjusted Price-to-FCF Related Terms

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


Carter Bankshares (FRA:6NH) Business Description

Industry
Traded in Other Exchanges
Address
1300 Kings Mountain Road, Martinsville, VA, USA, 24112
Carter Bankshares Inc is a bank holding company that conducts its business solely through the bank. The Bank earns revenue from interest on loans and securities and fees charged for financial services provided to customers. The Bank offers a full range of deposit services including Lifetime Free Checking, interest checking accounts, savings accounts, retirement accounts and other deposit accounts of various types, ranging from money market accounts to longer-term CDs. The Bank offers a full range of commercial and consumer loans. The Bank also originates and holds fixed and variable-rate mortgage loans and offers home equity lines of credit to its customers.

Carter Bankshares (FRA:6NH) Headlines

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