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HCSB Financial (HCSB Financial) Cyclically Adjusted Price-to-FCF : (As of May. 30, 2024)


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What is HCSB Financial Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


HCSB Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for HCSB Financial'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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HCSB Financial Cyclically Adjusted Price-to-FCF Chart

HCSB Financial Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted Price-to-FCF
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HCSB Financial Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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Competitive Comparison of HCSB Financial's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, HCSB Financial'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.


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

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

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



HCSB Financial 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.

HCSB Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2017 is calculated as:

For example, HCSB Financial's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2017 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2017 (Change)*Current CPI (Mar. 2017)
=0/102.8622*102.8622
=0.000

Current CPI (Mar. 2017) = 102.8622.

HCSB Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200706 0.074 87.906 0.087
200709 0.249 87.964 0.291
200712 0.286 88.616 0.332
200803 0.275 90.090 0.314
200806 -0.009 92.320 -0.010
200809 0.200 92.307 0.223
200812 0.635 88.697 0.736
200903 -1.127 89.744 -1.292
200906 0.426 91.003 0.482
200909 -0.258 91.120 -0.291
200912 -1.039 91.111 -1.173
201003 -2.287 91.821 -2.562
201006 0.680 91.962 0.761
201009 -0.410 92.162 -0.458
201012 0.149 92.474 0.166
201103 0.438 94.283 0.478
201106 0.318 95.235 0.343
201109 0.294 95.727 0.316
201112 0.804 95.213 0.869
201203 0.180 96.783 0.191
201206 0.355 96.819 0.377
201209 0.170 97.633 0.179
201212 0.483 96.871 0.513
201303 0.047 98.209 0.049
201306 0.149 98.518 0.156
201309 0.018 98.790 0.019
201312 -0.886 98.326 -0.927
201403 0.893 99.695 0.921
201406 0.060 100.560 0.061
201409 0.195 100.428 0.200
201412 0.140 99.070 0.145
201503 0.350 99.621 0.361
201506 0.123 100.684 0.126
201509 0.047 100.392 0.048
201512 0.108 99.792 0.111
201603 -0.133 100.470 -0.136
201606 -0.003 101.688 -0.003
201609 -0.001 101.861 -0.001
201612 -0.001 101.863 -0.001
201703 0.000 102.862 0.000

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.


HCSB Financial  (OTCPK:HCFB) 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.


HCSB Financial Cyclically Adjusted Price-to-FCF Related Terms

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HCSB Financial (HCSB Financial) Business Description

Industry
Traded in Other Exchanges
N/A
Address
HCSB Financial Corp is a holding company of Horry County State Bank (the Bank). The bank is a state-chartered bank, and its deposits are insured by the Federal Deposit Insurance Corporation. The principal business activity of the Company is to provide commercial banking services in Horry and Georgetown Counties, South Carolina, and in Columbus and Brunswick Counties, North Carolina. It offers a full range of deposit services, including checking accounts, savings accounts, certificates of deposit, money market accounts, and IRAs. In addition, it offers a variety of loan products designed for consumers, businesses, and farmers.
Executives
John Pietrzak director WEST COAST BANCORP, 5335 MEADOWS ROAD, SUITE 201, LAKE OSWEGO OR 97035
Gerald R Francis director 3640 RALPH ELLIS BLVD, LORIS SC 29569

HCSB Financial (HCSB Financial) Headlines

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