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Farmers National Banc (Farmers National Banc) Cyclically Adjusted Price-to-FCF : 8.16 (As of Apr. 27, 2024)


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What is Farmers National Banc Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Farmers National Banc's current share price is $12.07. Farmers National Banc's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.48. Farmers National Banc's Cyclically Adjusted Price-to-FCF for today is 8.16.

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

FMNB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.47   Med: 13.61   Max: 23.33
Current: 8.15

During the past years, Farmers National Banc's highest Cyclically Adjusted Price-to-FCF was 23.33. The lowest was 7.47. And the median was 13.61.

FMNB's Cyclically Adjusted Price-to-FCF is ranked worse than
56.13% of 832 companies
in the Banks industry
Industry Median: 7.405 vs FMNB: 8.15

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.

Farmers National Banc's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.371. 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 $1.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Farmers National Banc Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Farmers National Banc'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.

Farmers National Banc Cyclically Adjusted Price-to-FCF Chart

Farmers National Banc 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 17.90 14.20 16.62 10.33 9.75

Farmers National Banc 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 8.94 8.37 7.99 9.75 -

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

For the Banks - Regional subindustry, Farmers National Banc'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.


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

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

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



Farmers National Banc 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.07/1.48
=8.16

* 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.

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

For example, Farmers National Banc'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)
=0.371/129.4194*129.4194
=0.371

Current CPI (Dec. 2023) = 129.4194.

Farmers National Banc Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.008 99.695 -0.010
201406 0.283 100.560 0.364
201409 0.121 100.428 0.156
201412 0.209 99.070 0.273
201503 0.037 99.621 0.048
201506 0.096 100.684 0.123
201509 0.141 100.392 0.182
201512 -0.042 99.792 -0.054
201603 0.082 100.470 0.106
201606 0.182 101.688 0.232
201609 0.226 101.861 0.287
201612 0.381 101.863 0.484
201703 0.212 102.862 0.267
201706 0.274 103.349 0.343
201709 0.266 104.136 0.331
201712 0.320 104.011 0.398
201803 0.354 105.290 0.435
201806 0.214 106.317 0.261
201809 0.380 106.507 0.462
201812 0.421 105.998 0.514
201903 0.170 107.251 0.205
201906 0.317 108.070 0.380
201909 0.404 108.329 0.483
201912 0.447 108.420 0.534
202003 0.122 108.902 0.145
202006 0.448 108.767 0.533
202009 0.244 109.815 0.288
202012 0.788 109.897 0.928
202103 0.241 111.754 0.279
202106 0.582 114.631 0.657
202109 0.570 115.734 0.637
202112 0.438 117.630 0.482
202203 0.379 121.301 0.404
202206 0.752 125.017 0.778
202209 0.560 125.227 0.579
202212 0.613 125.222 0.634
202303 0.361 127.348 0.367
202306 0.407 128.729 0.409
202309 0.524 129.860 0.522
202312 0.371 129.419 0.371

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.


Farmers National Banc  (NAS:FMNB) 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.


Farmers National Banc Cyclically Adjusted Price-to-FCF Related Terms

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


Farmers National Banc (Farmers National Banc) Business Description

Traded in Other Exchanges
N/A
Address
20 South Broad Street, Canfield, OH, USA, 44406
Farmers National Banc Corp is a one-bank holding company engaged in financial activities, including securities underwriting and dealing, insurance agency and underwriting activities, and merchant banking activities. It operates in the domestic banking, trust, retirement consulting, insurance, and financial management industries. The company has two operating segments of business; the Bank segment, and the Trust segment, out of which the majority of its revenue is derived from the bank segment.
Executives
Mark J Wenick officer: Chief Wealth Management Office 20 S BROAD STREET, PO BOX 555, CANFIELD OH 44406
Gina A Richardson director 20 S BROAD STREET, PO BOX 555, CANFIELD OH 44406
Andre Thornton director 20 S BROAD STREET, PO BOX 555, CANFIELD OH 44406
Joseph W Sabat officer: VP/Controller 20 SOUTH BROAD STREET, PO BOX 555, CANFIELD OH 44406
Ralph D Macali director
Gregory C Bestic director 5415 WOODLAND PL, CANFIELD OH 44406
Edward Muransky director 20 S BROAD STREET, PO BOX 555, CANFIELD OH 44406
Neil J Kaback director
Kevin J Helmick officer: VP/Retail Sales 20 SOUTH BROAD ST., PO BOX 555, CANFIELD OH 44406
Mark A Nicastro officer: VP/Director of Human Resources 20 SOUTH BROAD STREET, PO BOX 555, CANFIELD OH 44406
Amber B Wallace officer: Sr VP/Director of Marketing 20 SOUTH BROAD STREET, PO BOX 555, CANFIELD OH 44406
Timothy Carney officer: SEVP/Chief Banking Officer 194 WEST MAIN STREET, CORTLAND OH 44410
Nicholas D Varischetti director FOUR NORTHSHORE CENTER, 106 ISABELLA STREET, PITTSBURGH PA 15212
Michael E Matuszak officer: EVP/Chief Operating Officer 20 S BROAD STREET, PO BOX 555, CANFIELD OH 44406
Anne Frederick Crawford director 530 STONEYBROOK LN, CANFIELD OH 44406

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