GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sterling Bancorp (NYSE:STL) » Definitions » Intrinsic Value: Projected FCF

Sterling Bancorp (Sterling Bancorp) Intrinsic Value: Projected FCF : $43.20 (As of May. 12, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Sterling 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), Sterling Bancorp's Intrinsic Value: Projected FCF is $43.20. The stock price of Sterling Bancorp is $26.29. Therefore, Sterling Bancorp's Price-to-Intrinsic-Value-Projected-FCF of today is 0.6.

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

STL' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.37   Med: 0.62   Max: 0.68
Current: 0.61

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Sterling Bancorp was 0.68. The lowest was 0.37. And the median was 0.62.

STL's Price-to-Projected-FCF is not ranked
in the Banks industry.
Industry Median: 0.45 vs STL: 0.61

Sterling Bancorp Intrinsic Value: Projected FCF Historical Data

The historical data trend for Sterling 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.

Sterling Bancorp Intrinsic Value: Projected FCF Chart

Sterling Bancorp Annual Data
Trend Sep12 Sep13 Sep14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.50 24.42 33.05 37.83 -

Sterling Bancorp Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 37.83 41.17 41.89 43.20 -

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

For the Banks - Regional subindustry, Sterling 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.


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

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

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



Sterling 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 Sterling Bancorp's Free Cash Flow(6 year avg) = $332.08.

Sterling 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 (Dec21)*0.8)/Shares Outstanding (Diluted Average)
=(13.228282734574*332.07568+4880.149*0.8)/191.942
=43.23

* 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.


Sterling Bancorp  (NYSE:STL) 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.

Sterling 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
=26.29/43.226131770617
=0.61

* 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.


Sterling Bancorp Intrinsic Value: Projected FCF Related Terms

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


Sterling Bancorp (Sterling Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Two Blue Hill Plaza, Second Floor, Pearl River, New York, NY, USA, 10965
Sterling Bancorp is a financial and bank holding company that operates primarily through its wholly owned subsidiary, Sterling National Bank. Sterling National Bank is a full-service regional bank that primarily delivers products and services to small and middle market commercial businesses and affluent consumers. Those products and services include deposit, lending, and wealth management products. The bank's strategy emphasizes growth, efficiency, and relationship building with its niche target market. It primarily operates in the New York metropolitan and suburban markets. Nearly all of its loan portfolio is in commercial loans, a plurality of which is in commercial real estate, followed by traditional commercial and industrial loans.
Executives
James P Blose officer: General Counsel and CLO C/O 21 SCARSDALE ROAD, YONKERS NY 10707
Javier L. Evans officer: Chief Human Resource Officer 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Luis Massiani officer: EVP/CFO C/O PROVIDENT BANK, 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Jack L Kopnisky director, officer: President & CEO C/O STERLING NATIONAL BANK, 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Thomas X Geisel officer: EVP, President of Specialty Le 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Marissa Weidner officer: Chief Human Resource Officer TWO BLUE HILL PLAZA SECOND FLOOR PEARL RIVER NY 10965
James J Landy director
Beatrice Ordonez officer: Executive Vice President TWO BLUE HILL PLAZA - SECOND FLOOR, PEARL RIVER NY 10965
Patricia M Nazemetz director XEROX CORPORATION, 800 LONG RIDGE ROAD, STAMFORD CT 06904
Richard L. O'toole director C/O STERLING NATIONAL BANK, 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Robert Giambrone director 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Maureen Mitchell director 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Fernando Ferrer director 650 FIFTH AVENUE NEW YORK NY 10019
John P. Cahill director 612 EAST GRASSY SPRAIN ROAD, YONKERS NY 10710
Mona Aboelnaga director 400 RELLA BOULEVARD, MONTEBELLO NY 10901

Sterling Bancorp (Sterling Bancorp) Headlines

From GuruFocus

Sterling Bancorp Declares Quarterly Dividend of $0.07 per Share

By Marketwired Marketwired 07-21-2021

Sterling Bancorp Declares Quarterly Dividend of $0.07 per Share

By GuruFocusNews GuruFocusNews 01-19-2022

Sterling Bancorp (STL) SEVP/COO Luis Massiani Sold $1.4 million of Shares

By GuruFocus Research GuruFocus Editor 11-25-2021

Sterling Bancorp Declares Quarterly Dividend on Preferred Stock

By Marketwired Marketwired 07-30-2021