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Primis Financial (FRA:7H80) Cyclically Adjusted FCF per Share : €0.94 (As of Sep. 2023)


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What is Primis Financial 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.

Primis Financial's adjusted free cash flow per share for the three months ended in Sep. 2023 was €-0.277. 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 €0.94 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Primis Financial's average Cyclically Adjusted FCF Growth Rate was -22.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.70% 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 Primis Financial was 10.60% per year. The lowest was 5.40% per year. And the median was 9.90% per year.

As of today (2024-05-15), Primis Financial's current stock price is €9.60. Primis Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was €0.94. Primis Financial's Cyclically Adjusted Price-to-FCF of today is 10.21.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Primis Financial was 22.75. The lowest was 5.99. And the median was 14.42.


Primis Financial Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Primis Financial'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.

Primis Financial Cyclically Adjusted FCF per Share Chart

Primis Financial 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 - - 1.06 1.13 -

Primis Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.13 1.06 0.97 0.94 -

Competitive Comparison of Primis Financial's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Primis Financial'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.


Primis Financial's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Primis Financial 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, Primis Financial's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.277/129.8595*129.8595
=-0.277

Current CPI (Sep. 2023) = 129.8595.

Primis Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.099 98.326 -0.131
201403 0.136 99.695 0.177
201406 0.133 100.560 0.172
201409 0.209 100.428 0.270
201412 0.199 99.070 0.261
201503 0.240 99.621 0.313
201506 0.136 100.684 0.175
201509 0.475 100.392 0.614
201512 0.018 99.792 0.023
201603 0.162 100.470 0.209
201606 0.224 101.688 0.286
201609 0.471 101.861 0.600
201612 0.452 101.863 0.576
201703 0.480 102.862 0.606
201706 -0.431 103.349 -0.542
201709 0.401 104.136 0.500
201712 0.402 104.011 0.502
201803 0.428 105.290 0.528
201806 0.192 106.317 0.235
201809 0.404 106.507 0.493
201812 0.353 105.998 0.432
201903 0.425 107.251 0.515
201906 0.136 108.070 0.163
201909 0.433 108.329 0.519
201912 0.320 108.420 0.383
202003 0.368 108.902 0.439
202006 0.036 108.767 0.043
202009 -0.055 109.815 -0.065
202012 0.543 109.897 0.642
202103 0.280 111.754 0.325
202106 0.122 114.631 0.138
202109 0.292 115.734 0.328
202112 0.164 117.630 0.181
202203 0.110 121.301 0.118
202206 0.345 125.017 0.358
202209 0.428 125.227 0.444
202212 -0.396 125.222 -0.411
202303 -0.440 127.348 -0.449
202306 -0.910 128.729 -0.918
202309 -0.277 129.860 -0.277

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


Primis Financial  (FRA:7H80) 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.

Primis Financial's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9.60/0.94
=10.21

* 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 Primis Financial was 22.75. The lowest was 5.99. And the median was 14.42.


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.


Primis Financial Cyclically Adjusted FCF per Share Related Terms

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


Primis Financial (FRA:7H80) Business Description

Industry
Traded in Other Exchanges
Address
6830 Old Dominion Drive, McLean, VA, USA, 22101
Primis Financial Corp is the bank holding company for Primis Bank, providing financial services to individuals and small and medium-sized businesses. Primis Bank offers a wide range of commercial banking services, it focuses on making loans secured majorly by commercial real estate and other types of secured and unsecured commercial loans to small and medium-sized businesses in a number of industries, as well as loans to individuals for a variety of purposes. Primis Bank offers a broad range of deposit products, including checking (NOW), savings, money market accounts and certificates of deposit.

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