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New York Community Bancorp (New York Community Bancorp) Cyclically Adjusted Price-to-FCF : 2.34 (As of Apr. 28, 2024)


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What is New York Community Bancorp Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), New York Community Bancorp's current share price is $2.97. New York Community Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.27. New York Community Bancorp's Cyclically Adjusted Price-to-FCF for today is 2.34.

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

NYCB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.24   Med: 9.59   Max: 46.44
Current: 2.34

During the past years, New York Community Bancorp's highest Cyclically Adjusted Price-to-FCF was 46.44. The lowest was 2.24. And the median was 9.59.

NYCB's Cyclically Adjusted Price-to-FCF is ranked better than
85.58% of 832 companies
in the Banks industry
Industry Median: 7.405 vs NYCB: 2.34

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.

New York Community Bancorp's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.045. 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 $1.27 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


New York Community Bancorp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for New York Community 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.

New York Community Bancorp Cyclically Adjusted Price-to-FCF Chart

New York Community 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 8.87 7.13 8.60 5.50 8.08

New York Community Bancorp 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 5.50 4.90 9.24 9.65 8.08

Competitive Comparison of New York Community Bancorp's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, New York Community 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.


New York Community Bancorp's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where New York Community Bancorp's Cyclically Adjusted Price-to-FCF falls into.



New York Community 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.

New York Community Bancorp's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.97/1.27
=2.34

* 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.

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

For example, New York Community 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)
=1.045/129.4194*129.4194
=1.045

Current CPI (Dec. 2023) = 129.4194.

New York Community Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.400 99.695 0.519
201406 -0.243 100.560 -0.313
201409 0.854 100.428 1.101
201412 0.460 99.070 0.601
201503 0.149 99.621 0.194
201506 0.200 100.684 0.257
201509 0.198 100.392 0.255
201512 -1.488 99.792 -1.930
201603 0.621 100.470 0.800
201606 -0.153 101.688 -0.195
201609 0.205 101.861 0.260
201612 0.711 101.863 0.903
201703 0.733 102.862 0.922
201706 0.323 103.349 0.404
201709 1.589 104.136 1.975
201712 0.022 104.011 0.027
201803 0.295 105.290 0.363
201806 0.399 106.317 0.486
201809 -0.261 106.507 -0.317
201812 0.659 105.998 0.805
201903 0.340 107.251 0.410
201906 0.216 108.070 0.259
201909 0.172 108.329 0.205
201912 0.367 108.420 0.438
202003 0.280 108.902 0.333
202006 0.035 108.767 0.042
202009 0.203 109.815 0.239
202012 0.201 109.897 0.237
202103 0.267 111.754 0.309
202106 -0.237 114.631 -0.268
202109 0.131 115.734 0.146
202112 0.463 117.630 0.509
202203 0.395 121.301 0.421
202206 0.458 125.017 0.474
202209 0.498 125.227 0.515
202212 0.734 125.222 0.759
202303 4.394 127.348 4.465
202306 -6.421 128.729 -6.455
202309 1.469 129.860 1.464
202312 1.045 129.419 1.045

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.


New York Community Bancorp  (NYSE:NYCB) 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.


New York Community Bancorp Cyclically Adjusted Price-to-FCF Related Terms

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


New York Community Bancorp (New York Community Bancorp) Business Description

Traded in Other Exchanges
Address
102 Duffy Avenue, Hicksville, New York, NY, USA, 11801
New York Community Bancorp Inc is the bank holding company. It is a New York State-chartered savings bank that operates through eight local divisions: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank, and Atlantic Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio, and AmTrust Bank in Florida and Arizona. The bank compete for depositors in diverse markets with a comprehensive menu of products and services, and access to multiple service channels, including online banking, mobile banking, and banking by phone. It is also a producer of multi-family loans in New York City.
Executives
Eric Howell officer: SEVP/Pres Comm & Private Bking 102 DUFFY AVENUE, HICKSVILLE NY 11801
Julie Signorille officer: SEVP & COO 102 DUFFY AVENUE, HICKSVILLE NY 11801
Nicholas Christopher Munson officer: EVP & Chief Risk Officer C/O NEW YORK COMMUNITY BANCORP, INC., 102 DUFFY AVENUE, HICKSVILLE NY 11801
Bryan Marx officer: EVP & Princ Accounting Officer 5151 CORPORATE DRIVE, TROY MI 48098
Lee Matthew Smith officer: SEVP & President of Mortgage C/O FLAGSTAR BANCORP INC., 5151 CORPORATE DRIVE, TROY MI 48098
John Thomas Adams officer: SEVP Dir. Multi-Family Lending C/O NEW YORK COMMUNITY BANCORP, INC., 102 DUFFY AVENUE, HICKSVILLE NY 11801
Reginald E Davis officer: Sr EVP & President of Banking 5151 CORPORATE DRIVE, TROY MI 48098
Ronald A. Rosenfeld director NEW YORK COMMUNITY BANCORP INC, 102 DUFFY AVENUE, HICKSVILLE NY 11801
Marshall Lux director 5 BREWSTER STREET #2105, GLEN COVE NY 11542
Jennifer R Whip director 621 PUGH ROAD, WAYNE PA 19087
Alessandro Dinello director, other: Non-Executive Chairman 5300 DEER RIDGE ROAD, JACKSON MI 49201
Peter Schoels director GLOBAL AERO LOGISTICS INC., 101 WORLD DRIVE, PEACHTREE CITY GA 30269
Toan Huynh director 5151 CORPORATE DRIVE, TROY MI 48098
David L Treadwell director 222 S 15TH STREET, SUITE 600 N, OMAHA NE 68102
Hanif Dahya director NEW YORK COOMUNITY BANCORP INC, 102 DUFFY AVENUE, HICKSVILLE NY 11801