GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Howard Bancorp Inc (NAS:HBMD) » Definitions » Cyclically Adjusted Price-to-FCF

Howard Bancorp (Howard Bancorp) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


View and export this data going back to 2012. Start your Free Trial

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

Shiller PE for Stocks: The True Measure of Stock Valuation


Howard Bancorp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Howard 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.

Howard Bancorp Cyclically Adjusted Price-to-FCF Chart

Howard Bancorp Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Howard Bancorp Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 - - - - -

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

For the Banks - Regional subindustry, Howard 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.


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

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

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



Howard 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.

Howard Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2021 is calculated as:

For example, Howard Bancorp's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2021 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2021 (Change)*Current CPI (Sep. 2021)
=0.452/115.7343*115.7343
=0.452

Current CPI (Sep. 2021) = 115.7343.

Howard Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201112 0.039 95.213 0.047
201203 0.197 96.783 0.236
201206 0.591 96.819 0.706
201209 2.812 97.633 3.333
201212 -2.285 96.871 -2.730
201303 0.206 98.209 0.243
201306 0.006 98.518 0.007
201309 0.366 98.790 0.429
201312 -0.649 98.326 -0.764
201403 -3.118 99.695 -3.620
201406 -2.717 100.560 -3.127
201409 -1.924 100.428 -2.217
201412 -0.296 99.070 -0.346
201503 -1.997 99.621 -2.320
201506 -4.129 100.684 -4.746
201509 0.251 100.392 0.289
201512 1.865 99.792 2.163
201603 1.445 100.470 1.665
201606 -1.395 101.688 -1.588
201609 0.904 101.861 1.027
201612 -0.723 101.863 -0.821
201703 2.386 102.862 2.685
201706 -1.944 103.349 -2.177
201709 0.191 104.136 0.212
201712 1.273 104.011 1.416
201803 -0.300 105.290 -0.330
201806 0.928 106.317 1.010
201809 1.594 106.507 1.732
201812 0.462 105.998 0.504
201903 0.024 107.251 0.026
201906 -0.126 108.070 -0.135
201909 -0.116 108.329 -0.124
201912 1.221 108.420 1.303
202003 1.547 108.902 1.644
202006 0.950 108.767 1.011
202009 0.280 109.815 0.295
202012 0.386 109.897 0.407
202103 0.464 111.754 0.481
202106 0.545 114.631 0.550
202109 0.452 115.734 0.452

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.


Howard Bancorp  (NAS:HBMD) 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.


Howard Bancorp Cyclically Adjusted Price-to-FCF Related Terms

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


Howard Bancorp (Howard Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3301 Boston Street, Baltimore, MD, USA, 21224
Howard Bancorp Inc is a diversified financial services company. The company segmented its operating activities into one reportable segment, Community Banking. It provides commercial banking, mortgage banking, and consumer finance through banking branches, the internet and other distribution channels to businesses, business owners, professionals and other consumers located primarily in the Greater Baltimore Metropolitan Area. The company's primary market focus is on making loans to and gathering deposits from small and medium-sized businesses, professionals and high-net-worth individuals.
Executives
Donna Hill Staton director 3301 BOSTON STREET BALTIMORE MD 21224
Kunisch Robert D Jr. director, officer: President 611 UNIVERSITY BOULEVARD SUITE 370 ELLICOTT CITY MD 21043
Jack E Steil director 6011 UNIVERSITY BOULEVARD SUITE 370 ELLICOTT CITY MD 21043
Turner Frank K Jr officer: EVP-Chief Commercial Banking
Charles E. Schwabe officer: EVP-CRO 3301 BOSTON STREET BALTIMORE MD 21224
Mary Ann Scully director, officer: Chairman/CEO 3301 BOSTON STREET, BALTIMORE MD 21224
Thomas Randy Jones officer: EVP-CLO 3301 BOSTON STREET BALTIMORE MD 21224
Steven Poynot officer: EVP-CIO 3301 BOSTON STREET BALTIMORE MD 21224
Carpenter Robert L Jr officer: EVP/CFO 3301 BOSTON STREET BALTIMORE MD 21224
Smith Robert W. Jr. director 6011 UNIVERSITY BLVD. SUITE 370 ELLICOTT CITY MD 21043
Kenneth C. Lundeen director 3301 BOSTON STREET BALTIMORE MD 21224
John J. Keenan director 3301 BOSTON STREET BALTIMORE MD 21224
Howard Feinglass director 6011 UNIVERSITY BOULEVARD, SUITE 370, ELLICOTT CITY MD 21043
Dresher James T Jr. director 6011 UNIVERSITY BOULEVARD SUITE 370 ELLICOTT CITY MD 21043
William Gary Dorsch director 6011 UNIVERSITY BOULEVARD SUITE 370 ELLICOTT CITY MD 21043

Howard Bancorp (Howard Bancorp) Headlines

From GuruFocus

Howard Bancorp, Inc. Announces Third Quarter 2021 Earnings Release Date

By Business Wire Business Wire 10-07-2021