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Ameris Bancorp (FRA:AXU) Cyclically Adjusted Price-to-FCF : 49.66 (As of Jun. 19, 2024)


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What is Ameris Bancorp Cyclically Adjusted Price-to-FCF?

As of today (2024-06-19), Ameris Bancorp's current share price is €44.20. Ameris Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.89. Ameris Bancorp's Cyclically Adjusted Price-to-FCF for today is 49.66.

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

FRA:AXU' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.31   Med: 48.9   Max: 995
Current: 49.2

During the past years, Ameris Bancorp's highest Cyclically Adjusted Price-to-FCF was 995.00. The lowest was 11.31. And the median was 48.90.

FRA:AXU's Cyclically Adjusted Price-to-FCF is ranked worse than
97.12% of 832 companies
in the Banks industry
Industry Median: 7.23 vs FRA:AXU: 49.20

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.

Ameris Bancorp's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.202. 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 €0.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ameris Bancorp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ameris Bancorp'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.

Ameris Bancorp Cyclically Adjusted Price-to-FCF Chart

Ameris Bancorp 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 - - - 168.79 52.97

Ameris Bancorp 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 117.33 60.25 54.06 52.97 49.42

Competitive Comparison of Ameris Bancorp's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Ameris Bancorp'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.


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

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

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



Ameris Bancorp 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=44.20/0.89
=49.66

* 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.

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

For example, Ameris Bancorp'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)
=0.202/131.7762*131.7762
=0.202

Current CPI (Mar. 2024) = 131.7762.

Ameris Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.837 100.560 -1.097
201409 -0.970 100.428 -1.273
201412 1.200 99.070 1.596
201503 0.279 99.621 0.369
201506 -0.908 100.684 -1.188
201509 -0.142 100.392 -0.186
201512 -0.246 99.792 -0.325
201603 0.287 100.470 0.376
201606 -0.848 101.688 -1.099
201609 -1.205 101.861 -1.559
201612 -0.274 101.863 -0.354
201703 0.312 102.862 0.400
201706 -1.964 103.349 -2.504
201709 -0.626 104.136 -0.792
201712 0.729 104.011 0.924
201803 1.004 105.290 1.257
201806 -2.283 106.317 -2.830
201809 -0.761 106.507 -0.942
201812 -0.332 105.998 -0.413
201903 1.084 107.251 1.332
201906 -0.633 108.070 -0.772
201909 -8.056 108.329 -9.800
201912 -4.623 108.420 -5.619
202003 3.873 108.902 4.687
202006 -4.267 108.767 -5.170
202009 4.906 109.815 5.887
202012 4.910 109.897 5.888
202103 -5.762 111.754 -6.794
202106 4.388 114.631 5.044
202109 -2.073 115.734 -2.360
202112 3.341 117.630 3.743
202203 4.652 121.301 5.054
202206 4.760 125.017 5.017
202209 5.038 125.227 5.302
202212 -0.035 125.222 -0.037
202303 1.731 127.348 1.791
202306 1.174 128.729 1.202
202309 1.740 129.860 1.766
202312 2.750 129.419 2.800
202403 0.202 131.776 0.202

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.


Ameris Bancorp  (FRA:AXU) 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.


Ameris Bancorp Cyclically Adjusted Price-to-FCF Related Terms

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


Ameris Bancorp (FRA:AXU) Business Description

Industry
Traded in Other Exchanges
Address
3490 Piedmont Road N.E., Suite 1550, Atlanta, GA, USA, 30305
Ameris Bancorp is a bank holding company that operates through Ameris Bank, its subsidiary. The company operates branches in Georgia, Alabama, Florida, and South Carolina. It offers traditional banking services such as business banking, personal banking, checking, savings, mobile banking, and others. The bank is organized into five segments: banking, retail mortgage, warehouse lending, SBA, and premium finance. The company generates most of its revenue from the banking division. Ameris intends to acquire banks in its geographic region to increase its market share and expand beyond its current market.