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Bank of Hawaii (Bank of Hawaii) Cyclically Adjusted FCF per Share : $6.13 (As of Mar. 2024)


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What is Bank of Hawaii Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Bank of Hawaii's adjusted free cash flow per share for the three months ended in Mar. 2024 was $1.362. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $6.13 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bank of Hawaii's average Cyclically Adjusted FCF Growth Rate was -0.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 2.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Bank of Hawaii was 37.20% per year. The lowest was -6.60% per year. And the median was 6.30% per year.

As of today (2024-04-27), Bank of Hawaii's current stock price is $58.63. Bank of Hawaii's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $6.13. Bank of Hawaii's Cyclically Adjusted Price-to-FCF of today is 9.56.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bank of Hawaii was 19.23. The lowest was 5.43. And the median was 13.70.


Bank of Hawaii Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Bank of Hawaii's Cyclically Adjusted FCF per Share 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.

Bank of Hawaii Cyclically Adjusted FCF per Share Chart

Bank of Hawaii Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.13 5.00 5.69 6.23 6.13

Bank of Hawaii Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 6.18 6.01 6.29 6.13 6.13

Competitive Comparison of Bank of Hawaii's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Bank of Hawaii'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.


Bank of Hawaii's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Bank of Hawaii Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Bank of Hawaii'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)
=1.362/129.4194*129.4194
=1.362

Current CPI (Mar. 2024) = 129.4194.

Bank of Hawaii Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.468 100.560 0.602
201409 1.299 100.428 1.674
201412 1.608 99.070 2.101
201503 0.838 99.621 1.089
201506 1.713 100.684 2.202
201509 1.147 100.392 1.479
201512 1.363 99.792 1.768
201603 0.891 100.470 1.148
201606 0.715 101.688 0.910
201609 1.056 101.861 1.342
201612 2.274 101.863 2.889
201703 0.866 102.862 1.090
201706 1.131 103.349 1.416
201709 0.930 104.136 1.156
201712 0.466 104.011 0.580
201803 1.541 105.290 1.894
201806 1.057 106.317 1.287
201809 1.838 106.507 2.233
201812 2.302 105.998 2.811
201903 0.134 107.251 0.162
201906 1.675 108.070 2.006
201909 0.953 108.329 1.139
201912 1.692 108.420 2.020
202003 -0.437 108.902 -0.519
202006 0.836 108.767 0.995
202009 1.158 109.815 1.365
202012 1.280 109.897 1.507
202103 4.461 111.754 5.166
202106 0.568 114.631 0.641
202109 3.104 115.734 3.471
202112 0.721 117.630 0.793
202203 0.904 121.301 0.965
202206 2.734 125.017 2.830
202209 2.490 125.227 2.573
202212 1.518 125.222 1.569
202303 -0.841 127.348 -0.855
202306 0.223 128.729 0.224
202309 3.639 129.860 3.627
202312 0.551 129.419 0.551
202403 1.362 129.419 1.362

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Bank of Hawaii  (NYSE:BOH) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Bank of Hawaii's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=58.63/6.13
=9.56

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bank of Hawaii was 19.23. The lowest was 5.43. And the median was 13.70.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Bank of Hawaii Cyclically Adjusted FCF per Share Related Terms

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


Bank of Hawaii (Bank of Hawaii) Business Description

Industry
Traded in Other Exchanges
Address
130 Merchant Street, Honolulu, HI, USA, 96813
Bank of Hawaii Corp provides a broad range of financial products and services primarily to customers in Hawaii, Guam, and other Pacific Islands. The Bank's subsidiaries are engaged in equipment leasing, securities brokerage, investment advisory services, and providing credit insurance. It is organized into three business segments for management reporting purposes: Consumer Banking, Commercial Banking, and Treasury and Other.
Executives
Patrick M Mcguirk officer: Vice Chair and CAO 5151 CORPORATE DRIVE, TROY MI 48098
Wo Robert W Jr director 130 MERCHANT ST 22ND FLR, HONOLULU HI 96813
Suzanne P Vares-lum director 130 MERCHANT STREET, HONOLULU HI 96813
Kent Thomas Lucien director 130 MERCHANT STREET, HONOLULU HI 96813
Victor K Nichols director 130 MERCHANT STREET, HONOLULU HI 96813
Alicia E Moy director 130 MERCHANT STREET, HONOLULU HI 96813
Peter S Ho officer: VICE CHAIRMAN 130 MERCHANT STREET, HONOLULU HI 96813
Matthew Emerson officer: Vice Chair 130 MERCHANT STREET, HONOLULU HI 96813
Jeanne Dressel officer: Principal Accounting Officer 130 MERCHANT STREET, HONOLULU HI 96813
Sharon M Crofts officer: VICE CHAIRMAN 130 MERCHANT STREET, HONOLULU HI 96813
Elliot K Mills director 130 MERCHANT STREET, HONOLULU HI 96813
Mary E Sellers officer: Vice Chair &, Chief Risk Officer 130 MERCHANT STREET, 22ND FLR, HONOLULU HI 96813
Dean Y Shigemura officer: Sr EVP & Controller 130 MERCHANT STREET, HONOLULU HI 96813
Barbara J Tanabe director 130 MERCHANT ST 22ND FLR, HONOLULU HI 96813
John C Erickson director 1515 WEST 190TH STREET, SUITE 275, GARDENA CA 90248