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West Bancorp (West Bancorp) Cyclically Adjusted FCF per Share : $2.06 (As of Dec. 2023)


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What is West 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.

West Bancorp's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.267. 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 $2.06 for the trailing ten years ended in Dec. 2023.

During the past 12 months, West Bancorp's average Cyclically Adjusted FCF Growth Rate was -7.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 4.50% 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 West Bancorp was 9.50% per year. The lowest was -1.80% per year. And the median was 3.40% per year.

As of today (2024-04-27), West Bancorp's current stock price is $16.71. West Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.06. West Bancorp's Cyclically Adjusted Price-to-FCF of today is 8.11.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of West Bancorp was 17.82. The lowest was 7.00. And the median was 12.63.


West Bancorp Cyclically Adjusted FCF per Share Historical Data

The historical data trend for West 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.

West Bancorp Cyclically Adjusted FCF per Share Chart

West 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 1.69 1.78 2.03 2.22 2.06

West 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 2.22 2.19 2.20 2.12 2.06

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

For the Banks - Regional subindustry, West 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.


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

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

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



West 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, West 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)
=-0.267/129.4194*129.4194
=-0.267

Current CPI (Dec. 2023) = 129.4194.

West Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.324 99.695 0.421
201406 0.373 100.560 0.480
201409 0.400 100.428 0.515
201412 0.212 99.070 0.277
201503 0.391 99.621 0.508
201506 0.543 100.684 0.698
201509 0.346 100.392 0.446
201512 0.503 99.792 0.652
201603 0.075 100.470 0.097
201606 0.354 101.688 0.451
201609 0.320 101.861 0.407
201612 0.332 101.863 0.422
201703 0.432 102.862 0.544
201706 0.437 103.349 0.547
201709 0.425 104.136 0.528
201712 0.438 104.011 0.545
201803 0.583 105.290 0.717
201806 0.449 106.317 0.547
201809 0.606 106.507 0.736
201812 0.468 105.998 0.571
201903 0.399 107.251 0.481
201906 0.589 108.070 0.705
201909 0.630 108.329 0.753
201912 0.561 108.420 0.670
202003 0.620 108.902 0.737
202006 0.779 108.767 0.927
202009 0.445 109.815 0.524
202012 0.574 109.897 0.676
202103 0.843 111.754 0.976
202106 0.673 114.631 0.760
202109 0.635 115.734 0.710
202112 0.779 117.630 0.857
202203 0.509 121.301 0.543
202206 0.985 125.017 1.020
202209 0.701 125.227 0.724
202212 0.075 125.222 0.078
202303 -0.278 127.348 -0.283
202306 -0.004 128.729 -0.004
202309 -0.114 129.860 -0.114
202312 -0.267 129.419 -0.267

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


West Bancorp  (NAS:WTBA) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=16.71/2.06
=8.11

* 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 West Bancorp was 17.82. The lowest was 7.00. And the median was 12.63.


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.


West Bancorp Cyclically Adjusted FCF per Share Related Terms

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


West Bancorp (West Bancorp) Business Description

Industry
Traded in Other Exchanges
Address
1601 22nd Street, West Des Moines, IA, USA, 50266
West Bancorp Inc is a United States-based company that offers a full range of deposit services, including checking, savings, and money market accounts and time certificates of deposit. West Bank also offers online banking, mobile banking, and treasury management services, which help to meet the banking needs of its customers. Treasury management services offered to business customers include cash management, client-generated automated clearing house transactions, remote deposit, and fraud protection services. Also offered are merchant credit card processing and corporate credit cards. The bank operates only in the United States of America region.
Executives
David D Nelson director, officer: CEO & PRESIDENT 1601 22ND STREET, WEST DES MOINES IA 50266
Bradley P Peters officer: Executive Vice President 4808 SYCAMORE COURT, EAGAN MN 55123
Sean Patrick Mcmurray director 13230 ASHLEAF DR, CLIVE IA 50325
George D Milligan director 118 2ND AVE SE, CEDAR RAPIDS IA 52401
Rosemary Parson director 3608 129TH STREET, URBANDALE IA 50322
Patrick J Donovan director 445 MINNESOTA ST STE 2000, ST PAUL MN 55101
Douglas R Gulling director, officer: EVP & CFO 9620 HAMMONTREE DRIVE, DES MOINES IA 50322
Lisa J Elming director 6826 NW 88TH CT, JOHNSTON IA 50131
David R Milligan director, officer: CEO & PRESIDENT 10165 LINCOLN AVENUE, DES MOINES IA 50325
Steven T Schuler director 12917 WILDEN CIRCLE, URBANDALE IA 50323
Michael J Gerdin director 901 HEARTLAND WAY, NORTH LIBERTY IA 52317
Therese M Vaughan director VALIDUS HOLDINGS, THE CHARTIS BUILDING / 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Jane M Funk officer: SVP / Controller C/O NORTH CENTRAL BANCSHARES INC, 825 CENTRAL AVENUE, FORT DODGE IA 50501
Marie I Roberts officer: SVP, CONTROLLER AND CAC 13050 WALNUT RIDGE CIRCLE, CLIVE IA 50325
Harlee Olafson officer: CHIEF RISK OFFICER 1601 22ND STREET, WEST DES MOINES IA 50266