FLGPU.PFD (New York Community Capital Trust V.) Free Cash Flow: $ Mil (TTM As of . 20)

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What is New York Community Capital Trust V. Free Cash Flow?

New York Community Capital Trust V. FLGPU.PFD +0.25% Free Cash Flow is $ Mil as of . 20. The stock has 1 warning sign investors should review.

New York Community Capital Trust V.'s total free cash flow for the months ended in . 20 was $0.00 Mil. New York Community Capital Trust V. does not have enough years/quarters to calculate the total free cash flow for the trailing twelve months (TTM) ended in . 20.

New York Community Capital Trust V.'s Free Cash Flow per Share for the months ended in . 20 was $0.00. New York Community Capital Trust V. does not have enough years/quarters to calculate the free cash flow per share for the trailing twelve months (TTM) ended in . 20.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Free Cash Flow Growth Rate using Free Cash Flow per Share data.

During the past 0 years, New York Community Capital Trust V.'s highest 3-Year average Free Cash Flow per Share Growth Rate was 62.20% per year. The lowest was 0.00% per year. And the median was 10.80% per year.


New York Community Capital Trust V.  (NYSE:FLGpU.PFD) Free Cash Flow Explanation

Free Cash Flow is very close to Warren Buffett's definition of Owner's Earnings, except that in Warren Buffett's Owner's Earnings, the spending for Property, Plant, and Equipment is only for maintenance (replacement), while in the Free Cash Flow calculation, the cost of new Property, Plant, and Equipment due to business expansion is also deducted. There, Free Cash Flow is more conservative than Owner's Earnings.

In Don Yacktman's calculation of forward rate of return, he uses Free Cash Flow for the calculation. Yacktman explained the forward rate of return concept in detail in his interview with GuruFocus. Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation.

This is what Yacktman said in his March 2012 interview - when the S&P 500 was at 1400:

If the business is stable, this calculation is fairly straightforward. For instance, on the S&P 500 we would normalize earnings. We would then calculate what percentage of those earnings are not reinvested in the underlying businesses and are therefore free. Historically, for the S&P 500, this has been just under 50% of earnings. Currently, we expect the S&P to earn about 70 on a normalized basis, a number which is far below reported earnings due to our adjusting for record high profit margins. $70 X ½ / 1400 gives you a normalized free cash flow yield of approximately 2.5%.

The historical real growth rate of the S&P 500 (companies) is about 1.5%. Assuming an inflation rate of 2.5%, the forward rate of return on an investment in the S&P 500 is about 6.5% today (2.5% free cash flow yield plus 1.5% real growth plus 2.5% inflation).

For the growth part of the Forward Rate of Return calculation, GuruFocus uses the 5-year average growth rate of EBITDA per share as the growth rate, and the growth rate is always capped at 20%. For the Free Cash Flow we use per share data averaged over five years. The reason we use five years is because research shows that five years is the length of the typical business cycle.

Therefore, as of , New York Community Capital Trust V.'s Forward Rate of Return (Yacktman) % is

Forward Rate of Return (Yacktman) % ()=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0/+0
=0 %

* 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.


Be Aware

Free Cash Flow within a report period can be affected by management's decisions of capital spending. Therefore, it is important to look at long term when it comes to Free Cash Flow.


New York Community Capital Trust V. Free Cash Flow Related Terms


New York Community Capital Trust V. Free Cash Flow Historical Data

* Premium members only.

The historical data trend for New York Community Capital Trust V.'s Free Cash Flow 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.

New York Community Capital Trust V. Free Cash Flow Chart

New York Community Capital Trust V. Annual Data
Trend
Free Cash Flow

New York Community Capital Trust V. Quarterly Data
Free Cash Flow

New York Community Capital Trust V. Free Cash Flow Calculation

Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company.

New York Community Capital Trust V.'s Free Cash Flow for the fiscal year that ended in . 20 is calculated as

Free Cash Flow (A: . 20 )=Cash Flow from Operations+Capital Expenditure
=+
=0.00

New York Community Capital Trust V.'s Free Cash Flow for the quarter that ended in . 20 is calculated as

Free Cash Flow (Q: . 20 )=Cash Flow from Operations+Capital Expenditure
=+
=0.00

* 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.

Frequently Asked Questions Learn more about Free Cash Flow →
What does a Free Cash Flow of $ Mil mean?
New York Community Capital Trust V. (FLGPU.PFD) has a Free Cash Flow of $ Mil as of . 20. Free cash flow represents the total amount of cash a company has on hand following operating and capital expenditures. View historial data for New York Community Capital Trust V. and its competitors.
Is New York Community Capital Trust V.'s Free Cash Flow too high?
New York Community Capital Trust V.'s current Free Cash Flow is $ Mil.
How does New York Community Capital Trust V.'s Free Cash Flow compare to ESTRF and HALN?
New York Community Capital Trust V.'s Free Cash Flow of $ Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Free Cash Flow for an Asset Management company?
A good Free Cash Flow depends on the Asset Management industry context. However, Free Cash Flow should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Free Cash Flow mean?
A high Free Cash Flow can signal that a stock is expensive relative to its fundamentals. Free cash flow represents the total amount of cash a company has on hand following operating and capital expenditures. View historial data for New York Community Capital Trust V. and its competitors. New York Community Capital Trust V.'s current Free Cash Flow is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New York Community Capital Trust V. stock overvalued right now?
New York Community Capital Trust V. (FLGPU.PFD) has a current Free Cash Flow of $ Mil. The current Free Cash Flow is $ Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Free Cash Flow calculated?
Free Cash Flow is calculated from a company's financial statements. For New York Community Capital Trust V. (FLGPU.PFD), the current Free Cash Flow is $ Mil as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

New York Community Capital Trust V. Business Description

Address c/o New York Community Bancorp, Inc, 615 Merrick Avenue, Westbury, NY, USA, 11590
New York Community Capital Trust V is a statutory trust engaged in issuing the preferred securities and common securities.