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Nicolet Bankshares (Nicolet Bankshares) Cyclically Adjusted Price-to-FCF : 14.34 (As of May. 16, 2024)


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What is Nicolet Bankshares Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Nicolet Bankshares's current share price is $82.17. Nicolet Bankshares's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $5.73. Nicolet Bankshares's Cyclically Adjusted Price-to-FCF for today is 14.34.

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

NIC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.34   Med: 14.58   Max: 20.57
Current: 14.22

During the past years, Nicolet Bankshares's highest Cyclically Adjusted Price-to-FCF was 20.57. The lowest was 10.34. And the median was 14.58.

NIC's Cyclically Adjusted Price-to-FCF is ranked worse than
81.99% of 833 companies
in the Banks industry
Industry Median: 7.59 vs NIC: 14.22

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.

Nicolet Bankshares's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $1.315. 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 $5.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nicolet Bankshares Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nicolet Bankshares'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.

Nicolet Bankshares Cyclically Adjusted Price-to-FCF Chart

Nicolet Bankshares 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 - - 18.35 15.01 14.49

Nicolet Bankshares 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 11.89 12.62 12.77 14.49 15.01

Competitive Comparison of Nicolet Bankshares's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Nicolet Bankshares'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.


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

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

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



Nicolet Bankshares 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=82.17/5.73
=14.34

* 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.

Nicolet Bankshares's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Nicolet Bankshares's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.315/129.4194*129.4194
=1.315

Current CPI (Mar. 2024) = 129.4194.

Nicolet Bankshares Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.192 100.560 1.534
201409 0.561 100.428 0.723
201412 -0.218 99.070 -0.285
201503 0.239 99.621 0.310
201506 2.454 100.684 3.154
201509 1.381 100.392 1.780
201512 -0.903 99.792 -1.171
201603 0.249 100.470 0.321
201606 0.189 101.688 0.241
201609 0.606 101.861 0.770
201612 1.422 101.863 1.807
201703 0.770 102.862 0.969
201706 0.853 103.349 1.068
201709 1.396 104.136 1.735
201712 1.038 104.011 1.292
201803 0.749 105.290 0.921
201806 1.158 106.317 1.410
201809 1.847 106.507 2.244
201812 0.933 105.998 1.139
201903 0.813 107.251 0.981
201906 0.830 108.070 0.994
201909 1.753 108.329 2.094
201912 1.982 108.420 2.366
202003 0.667 108.902 0.793
202006 0.641 108.767 0.763
202009 3.868 109.815 4.559
202012 1.308 109.897 1.540
202103 3.627 111.754 4.200
202106 0.154 114.631 0.174
202109 0.561 115.734 0.627
202112 3.022 117.630 3.325
202203 1.406 121.301 1.500
202206 1.673 125.017 1.732
202209 2.531 125.227 2.616
202212 1.705 125.222 1.762
202303 0.673 127.348 0.684
202306 1.732 128.729 1.741
202309 1.278 129.860 1.274
202312 2.289 129.419 2.289
202403 1.315 129.419 1.315

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.


Nicolet Bankshares  (NYSE:NIC) 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.


Nicolet Bankshares Cyclically Adjusted Price-to-FCF Related Terms

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


Nicolet Bankshares (Nicolet Bankshares) Business Description

Industry
Traded in Other Exchanges
N/A
Address
111 North Washington Street, Green Bay, WI, USA, 54301
Nicolet Bankshares Inc is a United States-based bank holding company engaged in banking, consisting of lending and deposit gathering, ancillary banking-related products and services, to businesses and individuals. It offers a variety of loans, deposits, and related services to business customers especially small and medium-sized businesses and professional concerns, business deposit products, cash management services, international banking services, business loans, lines of credit, commercial real estate financing, construction loans, agricultural real estate or production loans, and letters of credit, as well as retirement plan services.
Executives
Eric James Witczak officer: EVP - Nicolet National Bank C/O NICOLET BANKSHARES, INC., 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Patrick Joseph Madson officer: SVP-Wealth Mgmt-NicoletNatBank C/O NICOLET BANKSHARES, INC., 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Robert Bruce Atwell director, officer: Pres. and Chief Executive Off. C/O NICOLET NATIONAL BANK, 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Susan L Merkatoris director C/O NICOLET NATIONAL BANK, 111 NORTH WASHINGTON ST, GREEN BAY WI 54301
Michael E Daniels director, officer: EVP and Secretary C/O NICOLET NATIONAL BANK, 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Brad Vincent Hutjens officer: SVP - CCO - Nicolet Natl Bank C/O NICOLET BANKSHARES, INC., 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Glen E Tellock director 1725 SHEPHERD ROAD, CHATTANOOGA TN 37421
Hector Colon director C/O NICOLET BANKSHARES, INC., 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Moore Hubert Phillip Jr officer: CFO C/O NICOLET BANKSHARES, INC., 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Brenda L Johnson director C/O NICOLET BANKSHARES, INC., 111 N. WASHINGTON STREET, GREEN BAY WI 54301
Christopher J. Ghidorzi director C/O NICOLET NATIONAL BANK, 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
John Nicholas Dykema director C/O NICOLET BANKSHARES, INC., 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Marcia M Anderson director 133 S BLAIR STREET, PO BOX 1231, MADISON WI 53701-1231
Robert J Weyers director C/O NICOLET NATIONAL BANK, 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Eric Peter Radzak officer: Corp Dev Off Nicolet Nat Bank C/O NICOLET BANKSHARES, INC., 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301