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Ames National (Ames National) Cyclically Adjusted Price-to-FCF : 7.36 (As of Apr. 29, 2024)


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What is Ames National Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Ames National's current share price is $19.65. Ames National's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.67. Ames National's Cyclically Adjusted Price-to-FCF for today is 7.36.

The historical rank and industry rank for Ames National's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ATLO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.68   Med: 12.76   Max: 18.23
Current: 7.39

During the past years, Ames National's highest Cyclically Adjusted Price-to-FCF was 18.23. The lowest was 5.68. And the median was 12.76.

ATLO's Cyclically Adjusted Price-to-FCF is ranked better than
50.72% of 838 companies
in the Banks industry
Industry Median: 7.415 vs ATLO: 7.39

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.

Ames National's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.594. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $2.67 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ames National Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ames National's Cyclically Adjusted Price-to-FCF 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.

Ames National Cyclically Adjusted Price-to-FCF Chart

Ames National Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.17 9.84 9.20 8.60 7.98

Ames National Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 7.53 6.58 6.14 7.98 -

Competitive Comparison of Ames National's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Ames National'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.


Ames National's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Ames National Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Ames National's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.65/2.67
=7.36

* 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.

Ames National's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Ames National'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)
=0.594/129.4194*129.4194
=0.594

Current CPI (Dec. 2023) = 129.4194.

Ames National Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.695 99.695 0.902
201406 0.377 100.560 0.485
201409 0.280 100.428 0.361
201412 0.572 99.070 0.747
201503 0.696 99.621 0.904
201506 0.362 100.684 0.465
201509 0.469 100.392 0.605
201512 0.666 99.792 0.864
201603 0.676 100.470 0.871
201606 0.368 101.688 0.468
201609 0.500 101.861 0.635
201612 0.684 101.863 0.869
201703 0.654 102.862 0.823
201706 0.318 103.349 0.398
201709 0.436 104.136 0.542
201712 0.549 104.011 0.683
201803 0.660 105.290 0.811
201806 0.286 106.317 0.348
201809 0.652 106.507 0.792
201812 0.558 105.998 0.681
201903 0.661 107.251 0.798
201906 0.464 108.070 0.556
201909 0.356 108.329 0.425
201912 0.619 108.420 0.739
202003 1.243 108.902 1.477
202006 0.650 108.767 0.773
202009 0.337 109.815 0.397
202012 0.876 109.897 1.032
202103 1.019 111.754 1.180
202106 0.824 114.631 0.930
202109 0.651 115.734 0.728
202112 0.642 117.630 0.706
202203 0.710 121.301 0.758
202206 0.372 125.017 0.385
202209 0.381 125.227 0.394
202212 0.570 125.222 0.589
202303 0.549 127.348 0.558
202306 0.331 128.729 0.333
202309 0.118 129.860 0.118
202312 0.594 129.419 0.594

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


Ames National  (NAS:ATLO) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Ames National Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Ames National's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Ames National (Ames National) Business Description

Industry
Traded in Other Exchanges
N/A
Address
405 5th Street, Box 846, Ames, IA, USA, 50010
Ames National Corporation is a United States-based bank holding company. Through its subsidiaries, it provides checking, savings and time deposits, cash management services, merchant credit card processing, safe deposit boxes, wire transfers, direct deposit of payroll and social security checks, and automated/video teller machine access. Its loan portfolio comprises commercial, residential & agricultural real estate loans; agricultural & business operating loans & lines of credit; equipment loans; vehicle loans; personal loans; and mortgage loans. Its operations are conducted primarily in central, north central, and south-central Iowa.
Executives
Michelle R Cassabaum director PO BOX 846, AMES IA 50010
Jeffrey K Putzier other: President of Subsidiary Bank POST OFFICE BOX 846, AMES IA 50010
John Patrick Nelson officer: Vice President POST OFFICE BOX 846, AMES IA 50010
Scott T Bauer other: Ex VP of Subsidiary bank PO BOX 846, AMES IA 50010
Patrick G Hagan director PO BOX 846, AMES IA 50010
Kevin L Swartz director PO BOX 846, AMES IA 50010
Betty A Baudler director PO BOX 846, AMES IA 50010
Larson James R Ii director 3321 RIDGETOP RD, AMES IA 50014
Adam Snodgrass other: President of subsidiary bank PO BOX 846, AMES IA 50010
John L Pierschbacher officer: Controller C/O NORTH CENTRAL BANCSHARES INC, 825 CENTRAL AVE PO BOX 1237, FORT DODGE IA 50501
Robert A Thomas other: President of subsidiary bank PO BOX 846, AMES IA 50010
Lisa M Eslinger director PO BOX 846, AMES IA 50014
Jeffery C Baker director PO BOX 846, AMES IA 50010
David W. Benson director PO BOX 846, AMES IA 50010
Dan E Johnson other: President of subsidiary bank PO BOX 846, AMES IA 50010