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Trustco Bank N Y (Trustco Bank N Y) Cyclically Adjusted FCF per Share : $3.62 (As of Mar. 2024)


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What is Trustco Bank N Y 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.

Trustco Bank N Y's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.494. 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 $3.62 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Trustco Bank N Y's average Cyclically Adjusted FCF Growth Rate was -2.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.10% 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 -1.70% 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 Trustco Bank N Y was 21.30% per year. The lowest was -10.20% per year. And the median was 3.30% per year.

As of today (2024-05-14), Trustco Bank N Y's current stock price is $28.52. Trustco Bank N Y's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.62. Trustco Bank N Y's Cyclically Adjusted Price-to-FCF of today is 7.88.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Trustco Bank N Y was 25.00. The lowest was 6.77. And the median was 9.31.


Trustco Bank N Y Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Trustco Bank N Y'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.

Trustco Bank N Y Cyclically Adjusted FCF per Share Chart

Trustco Bank N Y 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 3.27 3.27 3.36 3.60 3.58

Trustco Bank N Y 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 3.70 3.68 3.65 3.58 3.62

Competitive Comparison of Trustco Bank N Y's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Trustco Bank N Y'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.


Trustco Bank N Y's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Trustco Bank N Y's Cyclically Adjusted Price-to-FCF falls into.



Trustco Bank N Y 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, Trustco Bank N Y'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)
=0.494/129.4194*129.4194
=0.494

Current CPI (Mar. 2024) = 129.4194.

Trustco Bank N Y Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.003 100.560 1.291
201409 0.518 100.428 0.668
201412 0.865 99.070 1.130
201503 0.808 99.621 1.050
201506 0.709 100.684 0.911
201509 0.901 100.392 1.162
201512 0.537 99.792 0.696
201603 0.803 100.470 1.034
201606 0.562 101.688 0.715
201609 0.692 101.861 0.879
201612 0.706 101.863 0.897
201703 0.555 102.862 0.698
201706 1.037 103.349 1.299
201709 0.750 104.136 0.932
201712 0.676 104.011 0.841
201803 0.567 105.290 0.697
201806 1.022 106.317 1.244
201809 0.797 106.507 0.968
201812 0.924 105.998 1.128
201903 0.612 107.251 0.739
201906 0.886 108.070 1.061
201909 0.945 108.329 1.129
201912 0.647 108.420 0.772
202003 0.708 108.902 0.841
202006 0.686 108.767 0.816
202009 0.942 109.815 1.110
202012 0.685 109.897 0.807
202103 0.418 111.754 0.484
202106 0.945 114.631 1.067
202109 0.821 115.734 0.918
202112 0.543 117.630 0.597
202203 0.530 121.301 0.565
202206 1.109 125.017 1.148
202209 1.164 125.227 1.203
202212 1.111 125.222 1.148
202303 0.947 127.348 0.962
202306 0.768 128.729 0.772
202309 0.581 129.860 0.579
202312 0.777 129.419 0.777
202403 0.494 129.419 0.494

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


Trustco Bank N Y  (NAS:TRST) 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.

Trustco Bank N Y's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=28.52/3.62
=7.88

* 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 Trustco Bank N Y was 25.00. The lowest was 6.77. And the median was 9.31.


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.


Trustco Bank N Y Cyclically Adjusted FCF per Share Related Terms

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


Trustco Bank N Y (Trustco Bank N Y) Business Description

Industry
Traded in Other Exchanges
Address
5 Sarnowski Drive, Glenville, NY, USA, 12302
Trustco Bank Corp N Y is a savings and loan holding company. The core part of a business consists of accepting deposits and making loans and investments. It offers a range of both personal and business banking services. The company's product includes savings accounts; retirement accounts; money market account; mortgages; building loans; auto loans and others.
Executives
Frank B Silverman director C/O TRUSTCO BANK, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Robert J Mccormick director, officer: PRES. & CEO TRUSTCO BANK CORP C/O TRUSTCO BANK COMPANY, 5 SARNOUSKI DR, GLENVILLE NY 12302
Michael James Hall officer: SECRETARY C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Kevin M Curley officer: SENIOR VICE PRESIDENT C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Eric W Schreck officer: TREASURER C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Robert M Leonard officer: AVP & Assistant Secretary 5 SARNOWSKI DR, GELNVILLE NY 12302
Steffani Cotugno director C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Michael M Ozimek officer: SVP & CFO C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Curtis N Powell director C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12303
Scot R Salvador officer: Chief Banking Officer & EVP
Lisa M Reutter director C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
De Gennaro Dennis A director C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE NY 12302
Kimberly Adams Russell director C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Alejandro M Sanchez director C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
William D Powers director C/O TRUSTCO BANK CORP, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302

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