GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Riverview Bancorp Inc (NAS:RVSB) » Definitions » Cyclically Adjusted FCF per Share

Riverview Bancorp (Riverview Bancorp) Cyclically Adjusted FCF per Share : $0.73 (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Riverview Bancorp 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.

Riverview Bancorp's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.461. 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 $0.73 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Riverview Bancorp's average Cyclically Adjusted FCF Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -0.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -4.00% 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 Riverview Bancorp was 7.60% per year. The lowest was -8.40% per year. And the median was -4.75% per year.

As of today (2024-04-27), Riverview Bancorp's current stock price is $4.45. Riverview Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.73. Riverview Bancorp's Cyclically Adjusted Price-to-FCF of today is 6.10.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Riverview Bancorp was 14.92. The lowest was 2.42. And the median was 9.35.


Riverview Bancorp Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Riverview Bancorp'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.

Riverview Bancorp Cyclically Adjusted FCF per Share Chart

Riverview Bancorp Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.59 0.58 0.64 0.66

Riverview Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.67 0.66 0.69 0.69 0.73

Competitive Comparison of Riverview Bancorp's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Riverview 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.


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

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

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



Riverview Bancorp 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, Riverview Bancorp's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.461/129.4194*129.4194
=0.461

Current CPI (Dec. 2023) = 129.4194.

Riverview Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.076 99.695 0.099
201406 0.152 100.560 0.196
201409 0.114 100.428 0.147
201412 -0.050 99.070 -0.065
201503 0.011 99.621 0.014
201506 0.088 100.684 0.113
201509 0.074 100.392 0.095
201512 0.190 99.792 0.246
201603 0.124 100.470 0.160
201606 0.142 101.688 0.181
201609 0.144 101.861 0.183
201612 0.250 101.863 0.318
201703 0.238 102.862 0.299
201706 -0.039 103.349 -0.049
201709 0.260 104.136 0.323
201712 0.070 104.011 0.087
201803 0.204 105.290 0.251
201806 0.178 106.317 0.217
201809 0.397 106.507 0.482
201812 0.323 105.998 0.394
201903 -0.055 107.251 -0.066
201906 0.285 108.070 0.341
201909 0.228 108.329 0.272
201912 0.206 108.420 0.246
202003 -0.148 108.902 -0.176
202006 0.211 108.767 0.251
202009 0.023 109.815 0.027
202012 0.342 109.897 0.403
202103 0.348 111.754 0.403
202106 0.031 114.631 0.035
202109 0.277 115.734 0.310
202112 0.006 117.630 0.007
202203 0.281 121.301 0.300
202206 0.159 125.017 0.165
202209 0.191 125.227 0.197
202212 0.135 125.222 0.140
202303 -0.090 127.348 -0.091
202306 0.329 128.729 0.331
202309 0.005 129.860 0.005
202312 0.461 129.419 0.461

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


Riverview Bancorp  (NAS:RVSB) 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.

Riverview Bancorp's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.45/0.73
=6.10

* 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 Riverview Bancorp was 14.92. The lowest was 2.42. And the median was 9.35.


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.


Riverview Bancorp Cyclically Adjusted FCF per Share Related Terms

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


Riverview Bancorp (Riverview Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
900 Washington Street, Suite 900, Vancouver, WA, USA, 98660
Riverview Bancorp Inc is an American savings and loan holding company. The company through its subsidiaries engages in the business of attracting deposits and puts it to use in its market area to originate commercial business. It organizes in two operating segments, Banking Operations performed by the bank and trust and Investment Services performed by the Trust company. The company products and services include checking, saving, money market, mortgage, home equity, consumer, online banking, cash management, and others.
Executives
Robert Benke officer: EVP/CCO 900 WASHINGTON ST, STE 900, VANCOUVER WA 98660
Valerie Moreno director 900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Michael Sventek officer: EVP/CLO 900 WASHINGTON ST, SUITE 900, VANCOUVER WA 98660
Stacey Graham director 900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Bradley Carlson director 900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Bessie Ross Wills director 900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Sowers Courtney Evan officer: President/CEO - Trust Co. 900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Larry Hoff director 900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Tracie L. Jellison officer: Chief Retail Banking Officer 900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Patricia Eby director 900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
John A Karas officer: Sr. Vice President 900 WASHINGTON ST, SUITE 900, VANCOUVER WA 98660
Martin S. Friedman 10 percent owner, other: See Remarks below 7901 JONES BRANCH DR. SUITE 210, MCLEAN VA 22102
David Nierenberg director 19605 NE 8TH STREET, CAMAS WA 98607
Kim J Capeloto officer: Executive Vice President 900 WASHINGTON ST., SUITE 900, VANCOUVER WA 98660
Daniel D Cox officer: EVP, Chief Credit Officer 900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660

Riverview Bancorp (Riverview Bancorp) Headlines

From GuruFocus

Stacey Graham Named to Riverview Board of Directors

By Marketwired Marketwired 11-24-2020

Kim Capeloto Leaving Riverview Community Bank in February

By GuruFocusNews GuruFocusNews 01-20-2022

Riverview Bank Celebrates Its 100-Year Anniversary

By sperokesalga sperokesalga 05-10-2023

Tracie Jellison to Head up Retail Banking for Riverview

By GuruFocusNews GuruFocusNews 07-01-2022

Riverview Bancorp, Inc. Announces Stock Repurchase Program

By Value_Insider Value_Insider 11-17-2022

Riverview Bancorp Declares Quarterly Cash Dividend of $0.055 Per Share

By GuruFocusNews GuruFocusNews 12-22-2021