GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Camden National Corp (NAS:CAC) » Definitions » Cyclically Adjusted FCF per Share

Camden National (Camden National) Cyclically Adjusted FCF per Share : $4.58 (As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Camden National Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Camden National's adjusted free cash flow per share for the three months ended in Mar. 2024 was $1.177. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $4.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Camden National's average Cyclically Adjusted FCF Growth Rate was 7.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 16.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.00% per year. 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 Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Camden National was 16.00% per year. The lowest was 0.40% per year. And the median was 5.10% per year.

As of today (2024-06-09), Camden National's current stock price is $32.35. Camden National's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $4.58. Camden National's Cyclically Adjusted Price-to-FCF of today is 7.06.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Camden National was 17.74. The lowest was 5.77. And the median was 11.78.


Camden National Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Camden National's Cyclically Adjusted FCF per Share 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.

Camden National Cyclically Adjusted FCF per Share Chart

Camden National Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.05 2.85 3.68 4.19 4.45

Camden National Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 4.28 4.37 4.65 4.45 4.58

Competitive Comparison of Camden National's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Camden National'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.


Camden National's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Camden National's Cyclically Adjusted Price-to-FCF falls into.



Camden National Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Camden National'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)
=1.177/131.7762*131.7762
=1.177

Current CPI (Mar. 2024) = 131.7762.

Camden National Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.711 100.560 0.932
201409 0.646 100.428 0.848
201412 0.653 99.070 0.869
201503 0.675 99.621 0.893
201506 0.535 100.684 0.700
201509 0.572 100.392 0.751
201512 -0.491 99.792 -0.648
201603 0.266 100.470 0.349
201606 0.780 101.688 1.011
201609 0.987 101.861 1.277
201612 1.558 101.863 2.016
201703 1.595 102.862 2.043
201706 0.488 103.349 0.622
201709 0.486 104.136 0.615
201712 0.991 104.011 1.256
201803 1.055 105.290 1.320
201806 0.833 106.317 1.032
201809 1.355 106.507 1.676
201812 0.553 105.998 0.687
201903 -0.398 107.251 -0.489
201906 -0.127 108.070 -0.155
201909 0.564 108.329 0.686
201912 1.845 108.420 2.242
202003 -2.263 108.902 -2.738
202006 0.836 108.767 1.013
202009 0.882 109.815 1.058
202012 1.593 109.897 1.910
202103 4.117 111.754 4.855
202106 1.439 114.631 1.654
202109 1.786 115.734 2.034
202112 2.064 117.630 2.312
202203 2.858 121.301 3.105
202206 1.782 125.017 1.878
202209 1.009 125.227 1.062
202212 1.343 125.222 1.413
202303 0.958 127.348 0.991
202306 1.137 128.729 1.164
202309 3.182 129.860 3.229
202312 -0.834 129.419 -0.849
202403 1.177 131.776 1.177

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Camden National  (NAS:CAC) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Camden National's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=32.35/4.58
=7.06

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Camden National was 17.74. The lowest was 5.77. And the median was 11.78.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Camden National Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Camden National's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Camden National (Camden National) Business Description

Industry
Traded in Other Exchanges
Address
2 Elm Street, Camden, ME, USA, 04843
Camden National Corporation is a banking solutions provider in the United States. Its core business is providing commercial banking products to individuals and corporates. Its consumer and commercial banking services entail services such as loans and deposits, savings and online banking, treasury management solutions and non-profit products to consumer, institutional, municipal, non-profit and commercial customers. The company also offers investment management and fiduciary services. In addition, it offers various other services which include lending to dentists, optometrists and veterinarians across the United States.
Executives
David Ackley officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
David C Flanagan director 2 ELM STREET, PO BOX 310, CAMDEN ME 04843
Robert D Merrill director 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Rebecca Hatfield director 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Renee Smyth officer: EVP 2 ELM STREET, PO BOX 310, CAMDEN ME 04843
Carl John Soderberg director 2 ELM STREET, POB 310, CAMDEN ME 04843
Craig N Denekas director 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Marie J Mccarthy director 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Lawrence J Sterrs director 2 ELM ST, POB 310, CAMDEN ME 04843
Gregory A Dufour director, officer: CEO
Michael R Archer officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Patricia A Rose officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Ryan A Smith officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Heather D Robinson officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
S. Catherine Longley director 2 ELM STREET, CAMDEN ME 04843