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Southern First Bancshares (Southern First Bancshares) Cyclically Adjusted Price-to-FCF : 9.09 (As of Apr. 27, 2024)


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What is Southern First Bancshares Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Southern First Bancshares's current share price is $27.18. Southern First Bancshares's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.99. Southern First Bancshares's Cyclically Adjusted Price-to-FCF for today is 9.09.

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

SFST' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.67   Med: 18.19   Max: 31.4
Current: 9.08

During the past years, Southern First Bancshares's highest Cyclically Adjusted Price-to-FCF was 31.40. The lowest was 7.67. And the median was 18.19.

SFST's Cyclically Adjusted Price-to-FCF is ranked worse than
61.3% of 832 companies
in the Banks industry
Industry Median: 7.405 vs SFST: 9.08

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.

Southern First Bancshares's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.834. 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 $2.99 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Southern First Bancshares Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Southern First 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.

Southern First Bancshares Cyclically Adjusted Price-to-FCF Chart

Southern First 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 20.22 17.66 24.56 15.89 12.39

Southern First 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 10.71 8.77 9.12 12.39 -

Competitive Comparison of Southern First Bancshares's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Southern First 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.


Southern First Bancshares's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Southern First 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.

Southern First Bancshares's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=27.18/2.99
=9.09

* 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.

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

For example, Southern First 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)
=0.834/129.4194*129.4194
=0.834

Current CPI (Dec. 2023) = 129.4194.

Southern First Bancshares Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.394 99.695 0.511
201406 -0.480 100.560 -0.618
201409 0.280 100.428 0.361
201412 0.272 99.070 0.355
201503 -0.135 99.621 -0.175
201506 0.607 100.684 0.780
201509 0.886 100.392 1.142
201512 0.989 99.792 1.283
201603 -0.790 100.470 -1.018
201606 0.662 101.688 0.843
201609 1.068 101.861 1.357
201612 0.780 101.863 0.991
201703 0.748 102.862 0.941
201706 -0.467 103.349 -0.585
201709 1.088 104.136 1.352
201712 0.234 104.011 0.291
201803 0.768 105.290 0.944
201806 1.465 106.317 1.783
201809 0.686 106.507 0.834
201812 0.926 105.998 1.131
201903 1.632 107.251 1.969
201906 -1.909 108.070 -2.286
201909 -0.847 108.329 -1.012
201912 2.385 108.420 2.847
202003 -0.598 108.902 -0.711
202006 0.526 108.767 0.626
202009 -0.818 109.815 -0.964
202012 2.590 109.897 3.050
202103 1.006 111.754 1.165
202106 1.850 114.631 2.089
202109 1.306 115.734 1.460
202112 2.280 117.630 2.509
202203 0.247 121.301 0.264
202206 0.420 125.017 0.435
202209 2.272 125.227 2.348
202212 1.567 125.222 1.620
202303 0.131 127.348 0.133
202306 -0.889 128.729 -0.894
202309 1.956 129.860 1.949
202312 0.834 129.419 0.834

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.


Southern First Bancshares  (NAS:SFST) 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.


Southern First Bancshares Cyclically Adjusted Price-to-FCF Related Terms

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


Southern First Bancshares (Southern First Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
6 Verdae Boulevard, Greenville, SC, USA, 29607
Southern First Bancshares Inc is a bank holding company. The primary business of the company is to serve as the holding company for Southern First Bank. The Bank is engaged in the business of accepting demand deposits and savings deposits insured by the Federal Deposit Insurance Corp and providing commercial, consumer, and mortgage loans to the general public. The operating segments of the company are Commercial and Retail Banking, Mortgage Banking, and Corporate Operations, of which a majority of the revenue is derived from the Commercial and Retail Banking segment which includes the provision of traditional deposit and lending products and services to its commercial and retail banking clients.
Executives
David G Ellison director P.O. BOX 17465, GREENVILLE SC 29606
Anna T Locke director P.O. BOX 17465, GREENVILLE SC 29606
David Andrew Borrmann officer: Chief Financial Officer P.O. BOX 17465, GREENVILLE SC 29606
Silvia T King officer: EVP, Chief Human Resource Off P.O. BOX 17465, GREENVILLE SC 29606
Tecumseh Jr Hooper director
Calvin C Hurst officer: Chief Banking Officer P.O. BOX 17465, GREENVILLE SC 29606
Seaver R Arthur Jr officer: Chief Executive Officer P.O. BOX 17465, GREENVILLE SC 29606
Aiken William M. Iii officer: Chief Risk Officer PO BOX 17465, GREENVILLE SC 29606
Mark A Cothran director
Terry Grayson-caprio director P.O. BOX 17465, GREENVILLE SC 29606
Anne S Ellefson director
Ray Lattimore director P.O. BOX 17465, GREENVILLE SC 29606
William Iv Maner director P.O. BOX 17465, GREENVILLE SC 29606
Michael D Dowling officer: Executive Vice President, CFO P.O. BOX 17465, GREENVILLE SC 29606
Leighton M Cubbage director P.O. BOX 17465, GREENVILLE SC 29606