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Evans Bancorp (Evans Bancorp) Cyclically Adjusted FCF per Share : $3.31 (As of Mar. 2024)


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What is Evans Bancorp 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.

Evans Bancorp's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.415. 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 $3.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Evans Bancorp's average Cyclically Adjusted FCF Growth Rate was 0.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 6.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 1.00% 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 Evans Bancorp was 6.90% per year. The lowest was -3.10% per year. And the median was 1.50% per year.

As of today (2024-05-24), Evans Bancorp's current stock price is $27.43. Evans Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.31. Evans Bancorp's Cyclically Adjusted Price-to-FCF of today is 8.29.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Evans Bancorp was 17.72. The lowest was 6.01. And the median was 10.54.


Evans Bancorp Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Evans Bancorp'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.

Evans Bancorp Cyclically Adjusted FCF per Share Chart

Evans Bancorp 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 2.88 2.72 2.97 3.29 3.32

Evans Bancorp 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 3.30 3.33 3.30 3.32 3.31

Competitive Comparison of Evans Bancorp's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Evans Bancorp'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.


Evans Bancorp's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Evans Bancorp 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, Evans Bancorp'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)
=-0.415/131.7762*131.7762
=-0.415

Current CPI (Mar. 2024) = 131.7762.

Evans Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.419 100.560 0.549
201409 0.736 100.428 0.966
201412 1.091 99.070 1.451
201503 -0.027 99.621 -0.036
201506 0.735 100.684 0.962
201509 0.806 100.392 1.058
201512 -0.074 99.792 -0.098
201603 0.634 100.470 0.832
201606 0.324 101.688 0.420
201609 0.273 101.861 0.353
201612 1.079 101.863 1.396
201703 0.421 102.862 0.539
201706 0.507 103.349 0.646
201709 1.243 104.136 1.573
201712 0.496 104.011 0.628
201803 0.738 105.290 0.924
201806 1.048 106.317 1.299
201809 1.273 106.507 1.575
201812 1.810 105.998 2.250
201903 0.743 107.251 0.913
201906 1.172 108.070 1.429
201909 0.129 108.329 0.157
201912 1.264 108.420 1.536
202003 1.258 108.902 1.522
202006 -1.393 108.767 -1.688
202009 1.210 109.815 1.452
202012 -0.652 109.897 -0.782
202103 0.925 111.754 1.091
202106 0.379 114.631 0.436
202109 0.854 115.734 0.972
202112 1.379 117.630 1.545
202203 0.193 121.301 0.210
202206 1.291 125.017 1.361
202209 1.484 125.227 1.562
202212 1.624 125.222 1.709
202303 -0.010 127.348 -0.010
202306 1.044 128.729 1.069
202309 0.605 129.860 0.614
202312 1.139 129.419 1.160
202403 -0.415 131.776 -0.415

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


Evans Bancorp  (AMEX:EVBN) 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.

Evans Bancorp's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=27.43/3.31
=8.29

* 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 Evans Bancorp was 17.72. The lowest was 6.01. And the median was 10.54.


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.


Evans Bancorp Cyclically Adjusted FCF per Share Related Terms

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


Evans Bancorp (Evans Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6460 Main Street, Williamsville, NY, USA, 14221
Evans Bancorp Inc is a financial holding company. Through its subsidiaries, it provides various banking services to consumers and commercial customers in the USA. The firm operates in two segments, Banking Activities and Insurance Agency Activities. The banking business segment includes both commercial and consumer banking services, including lending and depository services and offering non-deposit investment products, such as annuities and mutual funds. The insurance agency segment includes the activities of selling various premium-based insurance policies on a commission basis, including business and personal insurance, employee benefits, surety bonds, risk management, life, disability and long-term care coverage, and providing claims adjusting services to various insurance companies.
Executives
Miller Robert G Jr director, officer: Pres. M&W Agency/ENB Assoc. 1845 LAKE ROAD, SILVER CREEK NY 14136
David J Nasca director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Lee C Wortham director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Jody L Lomeo director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Robert A James director 6460 MAIN STREET, WILLIAMSVILLE NY 14221
Dawn Deperrior director 45 SOUTH MAIN STREET, FAIRPORT NY 14450
Kevin D Maroney director 45 SOUTH MAIN STREET, FAIRPORT NY 14450
John B Connerton officer: Vice President/Controller ONE GRIMSBY DRIVE, HAMBURG NY 14075
Waring Thomas H Jr director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Aaron Whitehouse officer: President, The Evans Agency ONE GRIMSBY DRIVE, HAMBURG NY 14075
Oliver Sommer director ONE GRIMSBY DRIVE, HAMBURG NY 14075
St. George Mark G. officer: President, The Evans Agency ONE GRIMSBY DRIVE, HAMBURG NY 14075
Kimberley A Minkel director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Christina P Orsi director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Michael A Battle director ONE GRIMSBY DRIVE, HAMBURG NY 14075

Evans Bancorp (Evans Bancorp) Headlines