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Equity Bancshares (Equity Bancshares) Cyclically Adjusted FCF per Share : $3.26 (As of Mar. 2024)


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What is Equity Bancshares 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.

Equity Bancshares's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.683. 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 $3.26 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-07), Equity Bancshares's current stock price is $33.47. Equity Bancshares's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.26. Equity Bancshares's Cyclically Adjusted Price-to-FCF of today is 10.27.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Equity Bancshares was 10.72. The lowest was 9.73. And the median was 10.25.


Equity Bancshares Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Equity Bancshares'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.

Equity Bancshares Cyclically Adjusted FCF per Share Chart

Equity Bancshares 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 - - - - 3.22

Equity 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 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 - - - 3.22 3.26

Competitive Comparison of Equity Bancshares's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Equity 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.


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

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

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



Equity Bancshares 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, Equity Bancshares'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)
=0.683/131.7762*131.7762
=0.683

Current CPI (Mar. 2024) = 131.7762.

Equity Bancshares Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 0.473 99.621 0.626
201506 -0.352 100.684 -0.461
201509 0.716 100.392 0.940
201512 0.299 99.792 0.395
201603 0.516 100.470 0.677
201606 0.254 101.688 0.329
201609 0.578 101.861 0.748
201612 0.151 101.863 0.195
201703 0.432 102.862 0.553
201706 0.472 103.349 0.602
201709 0.088 104.136 0.111
201712 0.620 104.011 0.786
201803 0.629 105.290 0.787
201806 0.271 106.317 0.336
201809 0.550 106.507 0.680
201812 0.332 105.998 0.413
201903 0.727 107.251 0.893
201906 0.116 108.070 0.141
201909 0.729 108.329 0.887
201912 1.067 108.420 1.297
202003 0.468 108.902 0.566
202006 0.840 108.767 1.018
202009 0.653 109.815 0.784
202012 0.273 109.897 0.327
202103 1.480 111.754 1.745
202106 1.495 114.631 1.719
202109 2.150 115.734 2.448
202112 1.301 117.630 1.457
202203 0.444 121.301 0.482
202206 2.141 125.017 2.257
202209 0.877 125.227 0.923
202212 0.836 125.222 0.880
202303 0.919 127.348 0.951
202306 1.082 128.729 1.108
202309 1.290 129.860 1.309
202312 0.566 129.419 0.576
202403 0.683 131.776 0.683

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


Equity Bancshares  (NYSE:EQBK) 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.

Equity Bancshares's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=33.47/3.26
=10.27

* 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 11 years, the highest Cyclically Adjusted Price-to-FCF of Equity Bancshares was 10.72. The lowest was 9.73. And the median was 10.25.


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.


Equity Bancshares Cyclically Adjusted FCF per Share Related Terms

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


Equity Bancshares (Equity Bancshares) Business Description

Industry
Traded in Other Exchanges
Address
7701 East Kellogg Drive, Suite 300, Wichita, KS, USA, 67207
Equity Bancshares Inc is a bank holding company. The company's operations involve the delivery of loan and deposit products to customers. The majority of the Company's revenues come from interest income on financial instruments, including loans, leases, securities and derivatives. The company also earns revenue from Non-interest income which includes Service charges and fees, Debit card income, Investment Referral Income, Trust Income and Insurance Sales Commissions.
Executives
James S Loving director C/O CHS INC., 5500 CENEX DRIVE, INVER GROVE HEIGHTS MN 55077
Krzysztof Slupkowski officer: Chief Credit Officer 7701 EAST KELLOGG DRIVE, SUITE 300, WICHITA KS 67207
Chris M Navratil officer: Chief Financial Officer 7701 EAST KELLOGG DRIVE, SUITE 300, WICHITA KS 67207
David Pass officer: Chief Information Officer 821 17TH STREET, DENVER CO 80202
Ann Knutson officer: Chief Human Resources Officer 7701 EAST KELLOGG DRIVE, SUITE 300, WICHITA KS 67207
Richard M Sems officer: President 7701 EAST KELLOGG DRIVE, SUITE 300, WICHITA KS 67207
Gary C Allerheiligen director 7701 EAST KELLOGG DRIVE, SUITE 200, WICHITA KS 67207
Gregory L Gaeddert director 7701 EAST KELLOGG DRIVE, SUITE 200, WICHITA KS 67207
Eric R Newell officer: Chief Financial Officer 7701 E. KELLOGG, SUITE 300, WICHITA KS 67207
Julie A Huber officer: EVP and Chief Credit Officer 7701 EAST KELLOGG DRIVE, SUITE 200, WICHITA KS 67207
Brett A Reber officer: General Counsel 7701 EAST KELLOGG DRIVE, SUITE 300, WICHITA KS 67207
Craig L Anderson officer: Chief Operating Officer 1670 BROADWAY, DENVER CO 80202
Edwin G Lawson officer: Chief Information Officer 7701 EAST KELLOGG DRIVE, SUITE 300, WICHITA KS 67207
Gregory H Kossover director, officer: EVP and CFO 7701 EAST KELLOGG DRIVE, SUITE 200, WICHITA KS 67207
Brad S Elliott director, officer: Chief Executive Officer 7701 EAST KELLOGG DRIVE, SUITE 200, WICHITA KS 67207