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Century Bancorp (Century Bancorp) Intrinsic Value: Projected FCF : $96.24 (As of May. 12, 2024)


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What is Century Bancorp Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-05-12), Century Bancorp's Intrinsic Value: Projected FCF is $96.24. The stock price of Century Bancorp is $115.29. Therefore, Century Bancorp's Price-to-Intrinsic-Value-Projected-FCF of today is 1.2.

The historical rank and industry rank for Century Bancorp's Intrinsic Value: Projected FCF or its related term are showing as below:

CNBKA' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.26   Med: 0.83   Max: 1.55
Current: 1.2

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Century Bancorp was 1.55. The lowest was 0.26. And the median was 0.83.

CNBKA's Price-to-Projected-FCF is not ranked
in the Banks industry.
Industry Median: 0.45 vs CNBKA: 1.20

Century Bancorp Intrinsic Value: Projected FCF Historical Data

The historical data trend for Century Bancorp's Intrinsic Value: Projected 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.

Century Bancorp Intrinsic Value: Projected FCF Chart

Century Bancorp Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.69 73.72 64.29 73.99 82.79

Century Bancorp Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Intrinsic Value: Projected 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 82.62 82.79 86.42 90.54 96.24

Competitive Comparison of Century Bancorp's Intrinsic Value: Projected FCF

For the Banks - Regional subindustry, Century Bancorp's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.


Century Bancorp's Price-to-Projected-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Century Bancorp's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Century Bancorp's Price-to-Projected-FCF falls into.



Century Bancorp Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Century Bancorp's Free Cash Flow(6 year avg) = $31.18.

Century Bancorp's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Sep21)*0.8)/Shares Outstanding (Diluted Average)
=(12.695422498353*31.18416+402.951*0.8)/7.463
=96.24

* 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.


Century Bancorp  (NAS:CNBKA) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Century Bancorp's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=115.29/96.242380605152
=1.20

* 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.


Century Bancorp Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Century Bancorp's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Century Bancorp (Century Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
400 Mystic Avenue, Medford, MA, USA, 02155
Century Bancorp Inc is a commercial bank that provides a range of services to commercial enterprises, state and local governments and agencies, non-profit organizations and individuals. It makes commercial loans, real estate and construction loans and consumer loans, and accepts savings, time, and demand deposits. The bank also offers its corporate and institutional customers automated lockbox collection services, cash management services and account reconciliation services, and actively promotes the marketing of these services to the municipal market. Century Bancorp earns its revenue from interest income.
Executives
Barry R Sloane director, officer: Chairman, CEO and President 5 SPINNAKER DRIVE, PO BOX 247, BARRINGTON RI 02806
James J Filler 10 percent owner 2964 SHOOK HILL PARKWAY, BIRMINGHAM AL 35223
Paul A Evangelista officer: Executive Vice President CENTURY BANK & TRUST CO 400 MYSTIC AVE MEDFORD MA 02155
Linda Sloane Kay director, officer: Vice Chair 400 MYSTIC AVENUE MEDFORD MA 02155
Stephen R Delinsky director 400 MYSTIC AVENUE MEDFORD MA 02155
Brian J. Feeney officer: Executive Vice President 400 MYSTIC AVENUE MEDFORD MA 02155
William P Hornby officer: CFO and Treasurer 400 MYSTIC AVENUE MEDFORD MA 02155
Louis J Grossman director 400 MYSTIC AVENUR MEDFORD MA 02155
Joseph J Senna director
Sloane Family Enterprises, Limited Partnership 10 percent owner 400 MYSTIC AVE MEDFORD MA 02155
Jo Ann Simons director 400 MYSTIC AVENUE MEDFORD MA 02155
Jackie Jenkins-scott director 400 MYSTIC AVENUE MEDFORD MA 02155
George F Swansburg director
Joseph P Mercurio director BOSTON UNVIERSITY 25 BUICK STREET BOSTON MA 02215
Fraser Lemley director

Century Bancorp (Century Bancorp) Headlines

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