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Sandy Spring Bancorp (Sandy Spring Bancorp) Cyclically Adjusted Price-to-FCF : 6.66 (As of May. 16, 2024)


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What is Sandy Spring Bancorp Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Sandy Spring Bancorp's current share price is $23.515. Sandy Spring Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.53. Sandy Spring Bancorp's Cyclically Adjusted Price-to-FCF for today is 6.66.

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

SASR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.21   Med: 11.1   Max: 16.49
Current: 6.69

During the past years, Sandy Spring Bancorp's highest Cyclically Adjusted Price-to-FCF was 16.49. The lowest was 5.21. And the median was 11.10.

SASR's Cyclically Adjusted Price-to-FCF is ranked better than
58.46% of 833 companies
in the Banks industry
Industry Median: 7.59 vs SASR: 6.69

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.

Sandy Spring Bancorp's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.030. 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 $3.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sandy Spring Bancorp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sandy Spring 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.

Sandy Spring Bancorp Cyclically Adjusted Price-to-FCF Chart

Sandy Spring 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 13.01 10.88 14.53 9.47 7.50

Sandy Spring 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 6.81 6.10 5.86 7.50 6.58

Competitive Comparison of Sandy Spring Bancorp's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Sandy Spring 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.


Sandy Spring Bancorp's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Sandy Spring 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.

Sandy Spring Bancorp's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=23.515/3.53
=6.66

* 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.

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

For example, Sandy Spring Bancorp'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)
=0.03/131.7762*131.7762
=0.030

Current CPI (Mar. 2024) = 131.7762.

Sandy Spring Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.074 100.560 0.097
201409 0.601 100.428 0.789
201412 0.288 99.070 0.383
201503 0.289 99.621 0.382
201506 0.344 100.684 0.450
201509 0.886 100.392 1.163
201512 0.206 99.792 0.272
201603 0.597 100.470 0.783
201606 1.110 101.688 1.438
201609 0.449 101.861 0.581
201612 1.352 101.863 1.749
201703 1.371 102.862 1.756
201706 0.196 103.349 0.250
201709 0.603 104.136 0.763
201712 0.392 104.011 0.497
201803 1.161 105.290 1.453
201806 0.173 106.317 0.214
201809 1.336 106.507 1.653
201812 1.200 105.998 1.492
201903 0.733 107.251 0.901
201906 0.069 108.070 0.084
201909 0.278 108.329 0.338
201912 1.580 108.420 1.920
202003 0.355 108.902 0.430
202006 0.577 108.767 0.699
202009 0.837 109.815 1.004
202012 1.227 109.897 1.471
202103 0.591 111.754 0.697
202106 1.000 114.631 1.150
202109 1.659 115.734 1.889
202112 1.375 117.630 1.540
202203 1.360 121.301 1.477
202206 0.715 125.017 0.754
202209 1.473 125.227 1.550
202212 0.933 125.222 0.982
202303 0.615 127.348 0.636
202306 0.431 128.729 0.441
202309 1.118 129.860 1.135
202312 0.590 129.419 0.601
202403 0.030 131.776 0.030

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.


Sandy Spring Bancorp  (NAS:SASR) 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.


Sandy Spring Bancorp Cyclically Adjusted Price-to-FCF Related Terms

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


Sandy Spring Bancorp (Sandy Spring Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
17801 Georgia Avenue, Olney, MD, USA, 20832
Sandy Spring Bancorp Inc is a community-oriented banking organization that conducts a full-service commercial banking business in Central Maryland, Northern Virginia, and Washington D.C. It conducts business in two operating segments. The Community Banking segment, which is the key revenue driver, involves delivering a broad range of financial products and services, including loan and deposit products to individuals and businesses and The Investment Management segment provides financial planning including cash flow analysis, investment review, tax planning, retirement planning, insurance analysis, and estate planning.
Executives
Craig A Ruppert director
Susan Lynne Pulford officer: EVP, Consumer Banking SANDY SPRING BANK, OLNEY MD 20832
Kenneth C Cook officer: EVP, Division President TWO HOPKINS PLAZA, BALTIMORE MD 21201
Gary John Fernandes officer: EVP, Chief Human Resources Off SANDY SPRING BANCORP, INC., 17801 GEORGIA AVENUE, OLNEY MD 20832
Daniel J Schrider officer: Executive Vice President
James J Maiwurm director
Mark E Friis director SANDY SPRING BANK, 17801 GEORGIA AVENUE, OLNEY MD 20832
Mark C Michael director C/O WASHINGTONFIRST BANKSHARES, INC., 11921 FREEDOM DRIVE, SUITE 250, RESTON VA 20190
Pamela A Little director SANDY SPRING BANK, 17801 GEORGIA AVENUE, OLNEY MD 20832
Christina B O'meara director SANDY SPRING BANCORP, INC., 17801 GEORGIA AVENUE, OLNLEY MD 20832
Martz Walter Clayton Ii director SANDY SPRING BANCORP, INC., 17801 GEORGIA AVENUE, OLNEY MD 20832
Brian J Lemek director SANDY SPRING BANCORP, INC., 17801 GERGIA AVENUE, OLNEY MD 20832
Aaron Michael Kaslow officer: EVP, Gen'l Counsel & Secretary 17801 GEORGIA AVENUE, OLNEY MD 20832
Ronda M Mcdowell officer: EVP, Chief Credit Officer SANDY SPRING BANCORP, INC., 17801 GEORGIA AVENUE, OLNEY MD 20832
Mark C Micklem director 2101 BELLE HAVEN, ALEXANDRIA VA 22307