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Sound Financial Bancorp (Sound Financial Bancorp) Cyclically Adjusted FCF per Share : $3.14 (As of Dec. 2023)


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What is Sound Financial 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.

Sound Financial Bancorp's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.743. 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 $3.14 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sound Financial Bancorp's average Cyclically Adjusted FCF Growth Rate was -0.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.30% 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 Sound Financial Bancorp was 8.30% per year. The lowest was 8.30% per year. And the median was 8.30% per year.

As of today (2024-04-27), Sound Financial Bancorp's current stock price is $39.1501. Sound Financial Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.14. Sound Financial Bancorp's Cyclically Adjusted Price-to-FCF of today is 12.47.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sound Financial Bancorp was 17.27. The lowest was 10.37. And the median was 12.67.


Sound Financial Bancorp Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sound Financial 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.

Sound Financial Bancorp Cyclically Adjusted FCF per Share Chart

Sound Financial Bancorp 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 - 2.47 3.06 3.15 3.14

Sound Financial 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 3.15 3.24 3.16 3.20 3.14

Competitive Comparison of Sound Financial Bancorp's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Sound Financial 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.


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

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

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



Sound Financial 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, Sound Financial 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)
=0.743/129.4194*129.4194
=0.743

Current CPI (Dec. 2023) = 129.4194.

Sound Financial Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.022 99.695 1.327
201406 0.235 100.560 0.302
201409 -0.377 100.428 -0.486
201412 0.209 99.070 0.273
201503 -0.133 99.621 -0.173
201506 0.191 100.684 0.246
201509 1.491 100.392 1.922
201512 -0.514 99.792 -0.667
201603 1.442 100.470 1.857
201606 0.147 101.688 0.187
201609 0.160 101.861 0.203
201612 0.633 101.863 0.804
201703 0.843 102.862 1.061
201706 -0.056 103.349 -0.070
201709 0.560 104.136 0.696
201712 0.336 104.011 0.418
201803 1.551 105.290 1.906
201806 0.370 106.317 0.450
201809 1.525 106.507 1.853
201812 0.330 105.998 0.403
201903 1.088 107.251 1.313
201906 0.561 108.070 0.672
201909 1.072 108.329 1.281
201912 1.305 108.420 1.558
202003 -1.405 108.902 -1.670
202006 0.279 108.767 0.332
202009 -2.730 109.815 -3.217
202012 3.489 109.897 4.109
202103 2.969 111.754 3.438
202106 2.436 114.631 2.750
202109 -0.866 115.734 -0.968
202112 2.650 117.630 2.916
202203 1.068 121.301 1.139
202206 0.969 125.017 1.003
202209 -0.045 125.227 -0.047
202212 1.699 125.222 1.756
202303 0.740 127.348 0.752
202306 -0.111 128.729 -0.112
202309 1.128 129.860 1.124
202312 0.743 129.419 0.743

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


Sound Financial Bancorp  (NAS:SFBC) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=39.1501/3.14
=12.47

* 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 Sound Financial Bancorp was 17.27. The lowest was 10.37. And the median was 12.67.


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.


Sound Financial Bancorp Cyclically Adjusted FCF per Share Related Terms

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


Sound Financial Bancorp (Sound Financial Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2400 3rd Avenue, Suite 150, Seattle, WA, USA, 98121
Sound Financial Bancorp Inc operates as the holding company for Sound Community Bank that provides traditional banking and other financial services for individuals and businesses. It attracts retail and commercial deposits from the public and invests those funds, along with borrowed funds, in loans secured by first and second mortgages on one-to-four-family residences including home equity loans and lines of credit, commercial and multifamily real estate, construction and land, consumer and commercial business loans. The bank also offers secured and unsecured consumer loan products, including manufactured home loans, floating home loans, automobile loans, boat loans, and recreational vehicle loans.
Executives
Joseph Stilwell 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Robert F Carney director C/O SOUND FINANCIAL INC, 2005 FIFTH AVENUE 2ND FLOOR, SEATTLE WA 98121
James E Sweeney director C/O SOUND FINANCIAL INC, 2005 FIFTH AVENUE 2ND FLOOR, SEATTLE WA 98121
Haddad David S Jr director, other: Vice Chairman of the Board C/O SOUND FINANCIAL INC, 2005 FIFTH AVENUE 2ND FLOOR, SEATTLE WA 98121
Brandon Lance officer: SVP, Chief Credit Officer SOUND FINANCIAL BANCORP, INC., 2400 3RD AVENUE, SUITE 150, SEATTLE WA 98121
Jennifer L Mallon officer: Sr. VP & Chief Acct. Officer SOUND FINANCIAL BANCORP, INC., 2400 3RD AVENUE, SUITE 150, SEATTLE WA 98121
Daphne Kelley officer: Chief Financial Officer C/O SOUND FINANCIAL BANCORP, INC., 2400 3RD AVENUE, SUITE 150, SEATTLE WA 98121
Wes Ochs officer: Executive Vice President SOUND FINANCIAL, INC., 2400 3RD AVENUE, SUITE 150, SEATTLE WA 98121
Stilwell Partners L P 10 percent owner 111 BROADWAY, 12TH FL., NEW YORK NY 10006
Stilwell Value Llc 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Value Partners Vii, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Fund, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Investments, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Charles L Turner officer: SVP, Chief Credit Officer C/O SOUND FINANCIAL BANCORP, INC., 2400 3RD AVENUE, SUITE 150, SEATTLE WA 98121
Debra Jones director C/O SOUND FINANCIAL INC, 2400 3RD AVE., SUITE 150, SEATTLE WA 98121