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Southside Bancshares (FRA:SU7) Cyclically Adjusted FCF per Share : €3.39 (As of Mar. 2024)


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What is Southside 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.

Southside Bancshares's adjusted free cash flow per share for the three months ended in Mar. 2024 was €1.692. 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 €3.39 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Southside Bancshares's average Cyclically Adjusted FCF Growth Rate was 1.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 8.00% 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 Southside Bancshares was 10.40% per year. The lowest was -0.20% per year. And the median was 8.30% per year.

As of today (2024-05-14), Southside Bancshares's current stock price is €25.80. Southside Bancshares's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.39. Southside Bancshares's Cyclically Adjusted Price-to-FCF of today is 7.61.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Southside Bancshares was 17.11. The lowest was 6.73. And the median was 12.67.


Southside Bancshares Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Southside 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.

Southside Bancshares Cyclically Adjusted FCF per Share Chart

Southside 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 - 2.31 2.79 3.42 3.39

Southside 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 3.33 3.50 3.72 3.39 3.39

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

For the Banks - Regional subindustry, Southside 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.


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

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

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



Southside 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, Southside 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)
=1.692/129.4194*129.4194
=1.692

Current CPI (Mar. 2024) = 129.4194.

Southside Bancshares Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.305 100.560 0.393
201409 0.791 100.428 1.019
201412 -0.195 99.070 -0.255
201503 0.691 99.621 0.898
201506 0.210 100.684 0.270
201509 0.986 100.392 1.271
201512 0.402 99.792 0.521
201603 0.807 100.470 1.040
201606 0.257 101.688 0.327
201609 0.960 101.861 1.220
201612 0.642 101.863 0.816
201703 0.996 102.862 1.253
201706 0.404 103.349 0.506
201709 0.722 104.136 0.897
201712 0.316 104.011 0.393
201803 0.913 105.290 1.122
201806 0.625 106.317 0.761
201809 0.701 106.507 0.852
201812 0.372 105.998 0.454
201903 0.430 107.251 0.519
201906 0.274 108.070 0.328
201909 0.578 108.329 0.691
201912 0.430 108.420 0.513
202003 -0.215 108.902 -0.256
202006 0.473 108.767 0.563
202009 0.781 109.815 0.920
202012 0.969 109.897 1.141
202103 1.531 111.754 1.773
202106 0.397 114.631 0.448
202109 1.213 115.734 1.356
202112 0.697 117.630 0.767
202203 2.304 121.301 2.458
202206 1.188 125.017 1.230
202209 2.411 125.227 2.492
202212 0.508 125.222 0.525
202303 0.637 127.348 0.647
202306 1.002 128.729 1.007
202309 2.348 129.860 2.340
202312 -1.769 129.419 -1.769
202403 1.692 129.419 1.692

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


Southside Bancshares  (FRA:SU7) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=25.80/3.39
=7.61

* 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 Southside Bancshares was 17.11. The lowest was 6.73. And the median was 12.67.


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.


Southside Bancshares Cyclically Adjusted FCF per Share Related Terms

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


Southside Bancshares (FRA:SU7) Business Description

Industry
Traded in Other Exchanges
Address
1201 South Beckham Avenue, Tyler, TX, USA, 75701
Southside Bancshares Inc is a financial institution offering financial services to individuals, businesses, municipal entities, and non-profit organizations. It provides various services such as personal banking, business banking, mortgage, equity lending, wealth management and trust, and brokerage. The bank generates its revenue in the form of interest income, gains on sales of assets, and fee income.

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