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Mid Penn Bancorp (Mid Penn Bancorp) Cyclically Adjusted Price-to-FCF : 7.06 (As of Apr. 29, 2024)


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What is Mid Penn Bancorp Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Mid Penn Bancorp's current share price is $20.90. Mid Penn Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.96. Mid Penn Bancorp's Cyclically Adjusted Price-to-FCF for today is 7.06.

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

MPB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.25   Med: 9.76   Max: 16.79
Current: 7.05

During the past years, Mid Penn Bancorp's highest Cyclically Adjusted Price-to-FCF was 16.79. The lowest was 6.25. And the median was 9.76.

MPB's Cyclically Adjusted Price-to-FCF is ranked better than
53.46% of 838 companies
in the Banks industry
Industry Median: 7.415 vs MPB: 7.05

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.

Mid Penn Bancorp's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.931. 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 $2.96 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mid Penn Bancorp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mid Penn Bancorp'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.

Mid Penn Bancorp Cyclically Adjusted Price-to-FCF Chart

Mid Penn Bancorp 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 12.70 9.83 11.67 10.20 8.21

Mid Penn Bancorp 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 9.36 7.41 6.94 8.21 -

Competitive Comparison of Mid Penn Bancorp's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Mid Penn Bancorp'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.


Mid Penn Bancorp's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Mid Penn Bancorp 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.

Mid Penn Bancorp's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.90/2.96
=7.06

* 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.

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

For example, Mid Penn Bancorp'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)
=0.931/129.4194*129.4194
=0.931

Current CPI (Dec. 2023) = 129.4194.

Mid Penn Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.354 99.695 0.460
201406 0.815 100.560 1.049
201409 0.630 100.428 0.812
201412 0.393 99.070 0.513
201503 0.372 99.621 0.483
201506 0.497 100.684 0.639
201509 1.362 100.392 1.756
201512 0.583 99.792 0.756
201603 1.664 100.470 2.143
201606 2.704 101.688 3.441
201609 0.168 101.861 0.213
201612 0.448 101.863 0.569
201703 0.573 102.862 0.721
201706 0.218 103.349 0.273
201709 0.369 104.136 0.459
201712 0.024 104.011 0.030
201803 0.018 105.290 0.022
201806 -0.408 106.317 -0.497
201809 0.036 106.507 0.044
201812 0.483 105.998 0.590
201903 0.250 107.251 0.302
201906 -0.368 108.070 -0.441
201909 0.778 108.329 0.929
201912 -0.193 108.420 -0.230
202003 -0.352 108.902 -0.418
202006 -0.091 108.767 -0.108
202009 -0.034 109.815 -0.040
202012 1.712 109.897 2.016
202103 1.497 111.754 1.734
202106 1.341 114.631 1.514
202109 1.043 115.734 1.166
202112 1.839 117.630 2.023
202203 0.597 121.301 0.637
202206 0.733 125.017 0.759
202209 1.048 125.227 1.083
202212 1.124 125.222 1.162
202303 0.757 127.348 0.769
202306 0.616 128.729 0.619
202309 0.703 129.860 0.701
202312 0.931 129.419 0.931

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.


Mid Penn Bancorp  (NAS:MPB) 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.


Mid Penn Bancorp Cyclically Adjusted Price-to-FCF Related Terms

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


Mid Penn Bancorp (Mid Penn Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2407 Park Drive, Harrisburg, PA, USA, 17110
Mid Penn Bancorp Inc operates in the financial services domain. It conducts commercial banking and trust business in the United States. Its range of services comprises mortgage and home equity loans, secured and unsecured consists and consumer loans, lines of credit, construction financing, farm loans, community development, and local government loans, and various types of time and demand deposits.
Executives
Hudson Brian Arden Sr. director 2407 PARK DRIVE, HARRISBURG PA 17110
Theodore W Mowery director 2407 PARK DRIVE, HARRISBURG PA 17110
Robert C Grubic director 2407 PARK DRIVE, HARRISBURG PA 17110
De Soto Matthew G director 2407 PARK DRIVE, HARRISBURG PA 17110
Albert J. Evans director 2407 PARK DRIVE, HARRISBURG PA 17110
Robert A Abel director 2407 PARK DRIVE, HARRISBURG PA 17110
Kimberly J Brumbaugh director 349 UNION STREET, MILLERSBURG PA 17061
Joel L. Frank director 2407 PARK DRIVE, HARRISBURG PA 17110
Bruce A Kiefer director 2407 PARK DRIVE, HARRISBURG PA 17110
John E Noone director 2407 PARK DRIVE, HARRISBURG PA 17110
Frank Jr Gumina director 98 FAIRWAY BLVD, MONROE TOWNSHIP NJ 08831
Maureen M. Gathagan director 2407 PARK DRIVE, HARRISBURG PA 17110
Rory G Ritrievi director, officer: President & CEO 2407 PARK DRIVE, HARRISBURG PA 17110
Quandel Noble C Jr director 2407 PARK DRIVE, HARRISBURG PA 17110
Gregory M Kerwin director 2407 PARK DRIVE, HARRISBURG PA 17110