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HomeStreet (HomeStreet) Cyclically Adjusted Price-to-FCF : 11.93 (As of Apr. 27, 2024)


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What is HomeStreet Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), HomeStreet's current share price is $12.05. HomeStreet's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.01. HomeStreet's Cyclically Adjusted Price-to-FCF for today is 11.93.

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

HMST' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.55   Med: 9.7   Max: 80.26
Current: 12.11

During the past years, HomeStreet's highest Cyclically Adjusted Price-to-FCF was 80.26. The lowest was 2.55. And the median was 9.70.

HMST's Cyclically Adjusted Price-to-FCF is ranked worse than
76.56% of 832 companies
in the Banks industry
Industry Median: 7.405 vs HMST: 12.11

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.

HomeStreet's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.445. 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 $1.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


HomeStreet Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for HomeStreet'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.

HomeStreet Cyclically Adjusted Price-to-FCF Chart

HomeStreet 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 - - - 8.17 10.20

HomeStreet 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 8.17 10.54 2.55 6.19 10.20

Competitive Comparison of HomeStreet's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, HomeStreet'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.


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

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

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



HomeStreet 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.05/1.01
=11.93

* 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.

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

For example, HomeStreet'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)
=0.445/129.4194*129.4194
=0.445

Current CPI (Dec. 2023) = 129.4194.

HomeStreet Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -4.008 99.695 -5.203
201406 -12.550 100.560 -16.152
201409 -7.946 100.428 -10.240
201412 -0.135 99.070 -0.176
201503 -12.686 99.621 -16.481
201506 -6.680 100.684 -8.586
201509 5.327 100.392 6.867
201512 10.678 99.792 13.848
201603 -2.211 100.470 -2.848
201606 -2.740 101.688 -3.487
201609 -3.137 101.861 -3.986
201612 5.060 101.863 6.429
201703 4.627 102.862 5.822
201706 -6.055 103.349 -7.582
201709 -1.068 104.136 -1.327
201712 6.787 104.011 8.445
201803 3.817 105.290 4.692
201806 -2.719 106.317 -3.310
201809 7.060 106.507 8.579
201812 2.007 105.998 2.450
201903 -0.473 107.251 -0.571
201906 -3.602 108.070 -4.314
201909 11.795 108.329 14.091
201912 3.085 108.420 3.683
202003 -0.630 108.902 -0.749
202006 -5.597 108.767 -6.660
202009 4.509 109.815 5.314
202012 0.654 109.897 0.770
202103 -0.123 111.754 -0.142
202106 2.680 114.631 3.026
202109 6.113 115.734 6.836
202112 -0.562 117.630 -0.618
202203 6.187 121.301 6.601
202206 1.098 125.017 1.137
202209 3.266 125.227 3.375
202212 0.375 125.222 0.388
202303 -2.794 127.348 -2.839
202306 1.036 128.729 1.042
202309 1.535 129.860 1.530
202312 0.445 129.419 0.445

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.


HomeStreet  (NAS:HMST) 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.


HomeStreet Cyclically Adjusted Price-to-FCF Related Terms

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


HomeStreet (HomeStreet) Business Description

Industry
Traded in Other Exchanges
N/A
Address
601 Union Street, Suite 2000, Seattle, WA, USA, 98101
HomeStreet Inc is a commercial bank. It provides commercial and consumer loans including mortgage loans, deposit products, private banking, and cash management services. The company loan products include commercial business loans and agriculture loans, consumer loans, single family residential mortgages, loans secured by commercial real estate and construction loans for residential and commercial real estate projects.
Executives
Diane P Novak officer: EVP, CHIEF RISK OFFICER 601 UNION ST, SUITE 2000, SEATTLE WA 98101
Sidney Craig Tompkins director 5995 SEPULVEDA BOULEVARD, SUITE 300, CULVER CITY CA 90230
John Michel officer: EVP, Chief Financial Officer 18101 VON KARMAN AVENUE, SUITE 750, IRVINE CA 92612
David L Parr officer: EVP, DIR. OF COMM'L BANKING 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
William Endresen officer: EVP, Comm'l RE (Interim) 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Scott M Boggs director
Erik D Hand officer: EVP, Mortgage Lending Director 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Mark Robert Patterson director 602 UNION STREET, SUITE 2000, SEATTLE WA 98101
Troy Harper officer: EVP & CIO 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Amen Darrell Van officer: SVP, Treasurer 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Douglas Irvine Smith director 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Joanne R Harrell director 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Jay C Iseman officer: EVP - Chief Credit Officer 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Sandra A Cavanaugh director 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Godfrey B Evans officer: EVP - General Counsel 601 UNION STREET, SUITE 2000, SEATTLE WA 98101

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