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Trustmark (FRA:TT4) Cyclically Adjusted Price-to-FCF : 9.42 (As of Jun. 09, 2024)


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What is Trustmark Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Trustmark's current share price is €25.80. Trustmark's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.74. Trustmark's Cyclically Adjusted Price-to-FCF for today is 9.42.

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

FRA:TT4' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.13   Med: 10.36   Max: 14.73
Current: 9.59

During the past years, Trustmark's highest Cyclically Adjusted Price-to-FCF was 14.73. The lowest was 6.13. And the median was 10.36.

FRA:TT4's Cyclically Adjusted Price-to-FCF is ranked worse than
66.34% of 829 companies
in the Banks industry
Industry Median: 7.33 vs FRA:TT4: 9.59

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.

Trustmark's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.984. 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 €2.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trustmark Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Trustmark'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.

Trustmark Cyclically Adjusted Price-to-FCF Chart

Trustmark 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 12.36 10.87 11.22 10.51 8.94

Trustmark 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 7.32 6.57 7.00 8.94 9.50

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

For the Banks - Regional subindustry, Trustmark'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.


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

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

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



Trustmark 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=25.80/2.74
=9.42

* 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.

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

For example, Trustmark'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)
=-0.984/131.7762*131.7762
=-0.984

Current CPI (Mar. 2024) = 131.7762.

Trustmark Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.326 100.560 0.427
201409 0.758 100.428 0.995
201412 0.574 99.070 0.763
201503 -0.077 99.621 -0.102
201506 0.668 100.684 0.874
201509 0.416 100.392 0.546
201512 1.007 99.792 1.330
201603 -0.025 100.470 -0.033
201606 0.134 101.688 0.174
201609 0.281 101.861 0.364
201612 1.402 101.863 1.814
201703 0.448 102.862 0.574
201706 0.250 103.349 0.319
201709 0.860 104.136 1.088
201712 0.830 104.011 1.052
201803 0.645 105.290 0.807
201806 0.123 106.317 0.152
201809 0.712 106.507 0.881
201812 1.197 105.998 1.488
201903 0.091 107.251 0.112
201906 -0.346 108.070 -0.422
201909 -0.285 108.329 -0.347
201912 1.741 108.420 2.116
202003 -1.205 108.902 -1.458
202006 1.242 108.767 1.505
202009 -0.727 109.815 -0.872
202012 1.102 109.897 1.321
202103 0.983 111.754 1.159
202106 1.276 114.631 1.467
202109 0.717 115.734 0.816
202112 1.320 117.630 1.479
202203 0.795 121.301 0.864
202206 1.215 125.017 1.281
202209 1.140 125.227 1.200
202212 0.929 125.222 0.978
202303 -0.263 127.348 -0.272
202306 0.197 128.729 0.202
202309 1.472 129.860 1.494
202312 0.841 129.419 0.856
202403 -0.984 131.776 -0.984

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.


Trustmark  (FRA:TT4) 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.


Trustmark Cyclically Adjusted Price-to-FCF Related Terms

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


Trustmark (FRA:TT4) Business Description

Industry
Traded in Other Exchanges
Address
248 East Capitol Street, Jackson, MS, USA, 39201
Trustmark Corp with over $12 billion in assets and more than 200 branches, Trustmark provides banking, insurance, and wealth management services in Mississippi, Alabama, Memphis, Houston, and the Florida Panhandle. Roughly 65% of its loans are in Mississippi, 12% in Houston, 10% in Alabama, and the rest are split between Memphis and Florida. Around three-fourths of its revenue comes from general banking, while insurance and wealth management services combine for roughly 10%.

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