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Citizens & Northern (Citizens & Northern) Cyclically Adjusted Price-to-FCF : 8.86 (As of Apr. 29, 2024)


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What is Citizens & Northern Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Citizens & Northern's current share price is $17.89. Citizens & Northern's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.02. Citizens & Northern's Cyclically Adjusted Price-to-FCF for today is 8.86.

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

CZNC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.52   Med: 10.92   Max: 13.69
Current: 8.86

During the past years, Citizens & Northern's highest Cyclically Adjusted Price-to-FCF was 13.69. The lowest was 7.52. And the median was 10.92.

CZNC's Cyclically Adjusted Price-to-FCF is ranked worse than
60.14% of 838 companies
in the Banks industry
Industry Median: 7.415 vs CZNC: 8.86

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.

Citizens & Northern's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.452. 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 $2.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Citizens & Northern Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Citizens & Northern'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.

Citizens & Northern Cyclically Adjusted Price-to-FCF Chart

Citizens & Northern 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 12.93 9.83 13.05 11.09 11.10

Citizens & Northern Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.09 10.25 9.46 8.68 11.10

Competitive Comparison of Citizens & Northern's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Citizens & Northern'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.


Citizens & Northern's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Citizens & Northern's Cyclically Adjusted Price-to-FCF falls into.



Citizens & Northern 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.

Citizens & Northern's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=17.89/2.02
=8.86

* 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.

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

For example, Citizens & Northern'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)
=0.452/129.4194*129.4194
=0.452

Current CPI (Dec. 2023) = 129.4194.

Citizens & Northern Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.511 99.695 0.663
201406 0.538 100.560 0.692
201409 0.236 100.428 0.304
201412 0.445 99.070 0.581
201503 0.272 99.621 0.353
201506 0.489 100.684 0.629
201509 0.426 100.392 0.549
201512 0.345 99.792 0.447
201603 0.277 100.470 0.357
201606 0.375 101.688 0.477
201609 0.398 101.861 0.506
201612 0.354 101.863 0.450
201703 0.283 102.862 0.356
201706 0.265 103.349 0.332
201709 0.589 104.136 0.732
201712 0.317 104.011 0.394
201803 0.480 105.290 0.590
201806 0.462 106.317 0.562
201809 0.487 106.507 0.592
201812 0.589 105.998 0.719
201903 0.188 107.251 0.227
201906 0.318 108.070 0.381
201909 0.609 108.329 0.728
201912 0.338 108.420 0.403
202003 0.206 108.902 0.245
202006 0.062 108.767 0.074
202009 0.531 109.815 0.626
202012 0.607 109.897 0.715
202103 0.345 111.754 0.400
202106 0.579 114.631 0.654
202109 0.591 115.734 0.661
202112 0.576 117.630 0.634
202203 0.297 121.301 0.317
202206 0.466 125.017 0.482
202209 0.761 125.227 0.786
202212 0.504 125.222 0.521
202303 0.602 127.348 0.612
202306 0.494 128.729 0.497
202309 0.503 129.860 0.501
202312 0.452 129.419 0.452

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.


Citizens & Northern  (NAS:CZNC) 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.


Citizens & Northern Cyclically Adjusted Price-to-FCF Related Terms

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


Citizens & Northern (Citizens & Northern) Business Description

Traded in Other Exchanges
N/A
Address
90-92 Main Street, Wellsboro, PA, USA, 16901
Citizens & Northern Corp is a community bank operating through its subsidiaries. It provides banking services, including deposit and loan products for personal and commercial customers. The bank also maintains a trust division that provides a wide range of financial services, such as 401(k) plans, retirement planning, estate planning, estate settlements and asset management.
Executives
Frank G Pellegrino director 2050 POCO FARM ROAD, WILLIAMSPORT PA 17701
Robert G Loughery director 1128 SLOTTER ROAD, PERKASIE PA 18944
Katherine W Shattuck director 2548 LAKE ROAD, TOWANDA PA 18848
Tracy Ellen Watkins officer: EXEC. VP 1972 NORTH WILLIAMSON ROAD, COVINGTON PA 16917-9516
Bobbi J Kilmer director 555 COUNTRY VIEW DRIVE, TOWANDA PA 18848
Glenn Richard James officer: EVP Counsel, Corp Secretary 90-92 MAIN ST, WELLSBORO PA 16901
Timothy E Schoener director 821 HAWTHORNE AVE, WILLIAMSPORT PA 17701
Kelley A Cwiklinski officer: EVP Chief Comm Lending Officer 90-92 MAIN ST, WELLSBORO PA 16901
Leo F Lambert director PO BOX 345, DUSHORE PA 18614
Helen S Santiago director 263 BRIDGE STREET HILL RD, TOWANDA PA 18848
Terry L Lehman director 5066 NORTH SHERMAN STREET, MOUNT WOLF PA 17347
Matthew L Bower officer: EVP, Chief Wealth Mgmt Officer 90-92 MAIN ST, WELLSBORO PA 16901
Susan E Hartley director 1293 HOFFMAN HOLLOW RD, LOWMAN NY 14861
Stephen M Dorwart director 234 CEDAR ROAD, MULLICA HILL NJ 08062
Alexander Balagour officer: EVP- CHIEF INFORMATION OFFICER 45 TEAL DRIVE, LANGHORNE PA 19047

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