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First Community (First Community) Cyclically Adjusted FCF per Share : $2.14 (As of Mar. 2024)


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What is First Community 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.

First Community's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.576. 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 $2.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, First Community's average Cyclically Adjusted FCF Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 16.40% 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 1.60% 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 First Community was 24.50% per year. The lowest was -10.60% per year. And the median was 6.35% per year.

As of today (2024-05-24), First Community's current stock price is $16.95. First Community's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.14. First Community's Cyclically Adjusted Price-to-FCF of today is 7.92.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of First Community was 15.97. The lowest was 5.79. And the median was 9.34.


First Community Cyclically Adjusted FCF per Share Historical Data

The historical data trend for First Community'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.

First Community Cyclically Adjusted FCF per Share Chart

First Community 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 1.88 1.32 1.96 2.18 2.08

First Community 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 2.08 2.02 1.86 2.08 2.14

Competitive Comparison of First Community's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, First Community'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.


First Community's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



First Community 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, First Community'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)
=0.576/131.7762*131.7762
=0.576

Current CPI (Mar. 2024) = 131.7762.

First Community Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.435 100.560 0.570
201409 0.341 100.428 0.447
201412 0.345 99.070 0.459
201503 -0.003 99.621 -0.004
201506 0.222 100.684 0.291
201509 1.034 100.392 1.357
201512 0.505 99.792 0.667
201603 0.332 100.470 0.435
201606 -0.354 101.688 -0.459
201609 1.069 101.861 1.383
201612 -0.466 101.863 -0.603
201703 1.113 102.862 1.426
201706 0.157 103.349 0.200
201709 0.270 104.136 0.342
201712 0.631 104.011 0.799
201803 0.149 105.290 0.186
201806 0.659 106.317 0.817
201809 0.744 106.507 0.921
201812 0.839 105.998 1.043
201903 -0.433 107.251 -0.532
201906 -0.373 108.070 -0.455
201909 0.890 108.329 1.083
201912 0.215 108.420 0.261
202003 0.308 108.902 0.373
202006 -1.986 108.767 -2.406
202009 -0.560 109.815 -0.672
202012 -0.189 109.897 -0.227
202103 3.434 111.754 4.049
202106 2.032 114.631 2.336
202109 1.627 115.734 1.853
202112 0.484 117.630 0.542
202203 -0.227 121.301 -0.247
202206 1.332 125.017 1.404
202209 1.147 125.227 1.207
202212 0.494 125.222 0.520
202303 0.456 127.348 0.472
202306 -0.458 128.729 -0.469
202309 0.361 129.860 0.366
202312 1.100 129.419 1.120
202403 0.576 131.776 0.576

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


First Community  (NAS:FCCO) 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.

First Community's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=16.95/2.14
=7.92

* 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 First Community was 15.97. The lowest was 5.79. And the median was 9.34.


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.


First Community Cyclically Adjusted FCF per Share Related Terms

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


First Community (First Community) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5455 Sunset Boulevard, Lexington, SC, USA, 29072
First Community Corp is a bank holding company, which provides commercial banking services. It is engaged in the general commercial and retail banking business characterized by personalized service and local decision making, emphasizing the banking needs of small to medium-sized businesses, professional concerns, and individuals. It operates through following segments: Commercial and Retail Banking; Mortgage Banking; Investment Advisory and Non-Deposit; and Corporate. It offers checking, savings, money market, individual retirement, and certificates of deposit accounts. Its lending lines include consumer loans, real estate loans, home improvement loans, home loans, flex loans, construction loans, agricultural loans, and others.
Executives
E. Leland Reynolds director 5455 SUNSET BLVD, LEXINGTON SC 29072
Michael C Crapps director, officer: President & CEO C/O FIRST COMMUNITY CORP, P O BOX 64, LEXINGTON SC 29071
Jan H Hollar director 300 E. BROAD ST., STATESVILLE NC 28677
Edward J. Tarver director C/O FIRST COMMUNITY CORPORATION, 5455 SUNSET BLVD, LEXINGTON SC 29072
Mickey Layden director 5455 SUNSET BLVD., LEXINGTON SC 29072
Ray E Jones director 5455 SUNSET BLVD., LEXINGTON SC 29072
Jane S Sosebee director C/O PALMETTO BANCSHARES, INC., 306 EAST NORTH STREET, GREENVILLE SC 29601
Tanya A Butts officer: Executive Vice Pres 104 S. MAIN STREET, GREENVILLE SC 29601
Jack W. Walker officer: EVP and Chief Credit Officer C/O FIRST COMMUNITY CORPORATION, 5455 SUNSET BLVD, LEXINGTON SC 29072
Donald Shawn Jordan officer: EVP and CFO C/O FIRST COMMUNITY CORPORATION, 5455 SUNSET BLVD, LEXINGTON SC 29072
Thomas Carlton Brown director C/O FIRST COMMUNITY CORP, P O BOX 64, LEXINGTON SC 29071
David K Proctor officer: Senior Vice President C/O FIRST COMMUNITY CORP, P O BOX 64, LEXINGTON SC 29071
Joseph G Sawyer officer: Senior Vice President & CFO C/O FIRST COMMUNITY CORP, P O BOX 64, LEXINGTON SC 29071
Richard K Bogan director C/O FIRST COMMUNITY CORP, P O BOX 64, LEXINGTON SC 29071
Anita B Easter director C/O FIRST COMMUNITY CORP, P O BOX 64, LEXINGTON SC 29071

First Community (First Community) Headlines