GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Live Oak Bancshares Inc (NYSE:LOB) » Definitions » Cyclically Adjusted Price-to-FCF

Live Oak Bancshares (Live Oak Bancshares) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Live Oak Bancshares Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Live Oak Bancshares Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Live Oak Bancshares'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.

Live Oak Bancshares Cyclically Adjusted Price-to-FCF Chart

Live Oak Bancshares 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 - - - - -

Live Oak Bancshares 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 - - - - -

Competitive Comparison of Live Oak Bancshares's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Live Oak Bancshares'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.


Live Oak Bancshares's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Live Oak Bancshares 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.

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

For example, Live Oak Bancshares'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)
=3.281/129.4194*129.4194
=3.281

Current CPI (Dec. 2023) = 129.4194.

Live Oak Bancshares Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.941 99.695 -1.222
201406 -2.489 100.560 -3.203
201409 -2.169 100.428 -2.795
201412 -3.796 99.070 -4.959
201503 -1.814 99.621 -2.357
201506 -4.537 100.684 -5.832
201509 -2.763 100.392 -3.562
201512 -1.995 99.792 -2.587
201603 -2.693 100.470 -3.469
201606 -2.179 101.688 -2.773
201609 -0.137 101.861 -0.174
201612 -1.618 101.863 -2.056
201703 -4.078 102.862 -5.131
201706 -2.799 103.349 -3.505
201709 -2.114 104.136 -2.627
201712 -2.037 104.011 -2.535
201803 -1.879 105.290 -2.310
201806 0.115 106.317 0.140
201809 3.098 106.507 3.764
201812 -3.928 105.998 -4.796
201903 -2.959 107.251 -3.571
201906 -3.893 108.070 -4.662
201909 -2.534 108.329 -3.027
201912 -3.273 108.420 -3.907
202003 -2.245 108.902 -2.668
202006 0.509 108.767 0.606
202009 -5.149 109.815 -6.068
202012 0.075 109.897 0.088
202103 -0.839 111.754 -0.972
202106 -1.837 114.631 -2.074
202109 -0.345 115.734 -0.386
202112 0.286 117.630 0.315
202203 3.016 121.301 3.218
202206 -1.941 125.017 -2.009
202209 0.296 125.227 0.306
202212 0.403 125.222 0.417
202303 3.293 127.348 3.347
202306 2.898 128.729 2.914
202309 3.239 129.860 3.228
202312 3.281 129.419 3.281

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.


Live Oak Bancshares  (NYSE:LOB) 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.


Live Oak Bancshares Cyclically Adjusted Price-to-FCF Related Terms

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


Live Oak Bancshares (Live Oak Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
1741 Tiburon Drive, Wilmington, NC, USA, 28403
Live Oak Bancshares Inc operates as the bank holding company for the Live Oak Banking Company. The company specializes in lending and deposit-related services to small businesses nationwide. The company identifies and extends lending to credit-worthy borrowers both within specific industries, also called verticals, through expertise within those industries, and more broadly to select borrowers outside of those industries. A portion of the loans originated by the Bank are partially guaranteed by the Small Business Administration under the 7(a) Loan Program and the U.S. Department of Agriculture Rural Energy for America Program, Water and Environmental Program, Business and Industry and Community Facilities loan programs.
Executives
Steve Smits officer: Chief Credit Officer 1741 TIBURON DRIVE, WILMINGTON NC 28403
John W. Sutherland officer: Chief Accounting Officer 1741 TIBURON DRIVE, WILMINGTON NC 28403
Renato Derraik officer: Chief Info. & Digital Officer C/O LIVE OAK BANCSHARES, INC., 1741 TIBURON DRIVE, WILMINGTON NC 28403
David G Lucht director II CASCADE PLAZA, AKRON OH 44308
William Henderson Cameron director POST OFFICE BOX 3649, WILMINGTON NC 28406
Micah S Davis officer: Chief Marketing & Comm Officer 1741 TIBURON DRIVE, WILMINGTON NC 28403
Yousef A. Valine director 165 MADISON AVENUE, MEMPHIS TN 38103
Diane Beth Glossman director 2820 RIVER ROAD, NEW HOPE PA 18938
Casey S Crawford director 1741 TIBURON DRIVE, WILMINGTON NC 28403
Stephanie Mann officer: Chief Strategy Officer 1741 TIBURON DRIVE, WILMINGTON NC 28403
Spencer Courtney officer: Chief Experience Officer 1741 TIBURON DRIVE, WILMINGTON NC 28403
Losch William C Iii officer: Chief Financial Officer 165 MADISON AVENUE, MEMPHIS TN 38103
Tonya Williams Bradford director C/O LIVE OAK BANCSHARES, INC., 1741 TIBURON DRIVE, WILMINGTON NC 28403
Williams William L. Iii director 1741 TIBURON DRIVE, WILMINGTON NC 28403
Neil Lawrence Underwood director, officer: President 1420 CANOOCHEE DRIVE, ATLANTA GA 30319