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Magyar Bancorp (Magyar Bancorp) Cyclically Adjusted FCF per Share : $1.36 (As of Mar. 2024)


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What is Magyar 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.

Magyar Bancorp's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.067. 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 $1.36 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Magyar Bancorp's average Cyclically Adjusted FCF Growth Rate was 0.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -4.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -4.30% 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 Magyar Bancorp was 18.60% per year. The lowest was -5.20% per year. And the median was -4.00% per year.

As of today (2024-06-09), Magyar Bancorp's current stock price is $10.98. Magyar Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.36. Magyar Bancorp's Cyclically Adjusted Price-to-FCF of today is 8.07.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Magyar Bancorp was 10.79. The lowest was 5.00. And the median was 7.61.


Magyar Bancorp Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Magyar 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.

Magyar Bancorp Cyclically Adjusted FCF per Share Chart

Magyar Bancorp Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.59 1.49 1.38 1.38 1.32

Magyar 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 1.35 1.33 1.32 1.38 1.36

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

For the Banks - Regional subindustry, Magyar 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.


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

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

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



Magyar 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, Magyar 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)
=0.067/131.7762*131.7762
=0.067

Current CPI (Mar. 2024) = 131.7762.

Magyar Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.241 100.560 0.316
201409 0.452 100.428 0.593
201412 0.580 99.070 0.771
201503 0.229 99.621 0.303
201506 0.469 100.684 0.614
201509 0.856 100.392 1.124
201512 0.468 99.792 0.618
201603 0.232 100.470 0.304
201606 0.884 101.688 1.146
201609 -0.153 101.861 -0.198
201612 -0.128 101.863 -0.166
201703 0.140 102.862 0.179
201706 0.325 103.349 0.414
201709 0.230 104.136 0.291
201712 0.343 104.011 0.435
201803 0.008 105.290 0.010
201806 0.441 106.317 0.547
201809 -0.046 106.507 -0.057
201812 0.134 105.998 0.167
201903 0.127 107.251 0.156
201906 0.275 108.070 0.335
201909 0.449 108.329 0.546
201912 -0.133 108.420 -0.162
202003 -0.111 108.902 -0.134
202006 0.159 108.767 0.193
202009 0.200 109.815 0.240
202012 0.222 109.897 0.266
202103 0.298 111.754 0.351
202106 0.167 114.631 0.192
202109 0.559 115.734 0.636
202112 0.333 117.630 0.373
202203 0.048 121.301 0.052
202206 0.551 125.017 0.581
202209 0.665 125.227 0.700
202212 0.205 125.222 0.216
202303 0.427 127.348 0.442
202306 0.038 128.729 0.039
202309 0.602 129.860 0.611
202312 0.485 129.419 0.494
202403 0.067 131.776 0.067

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


Magyar Bancorp  (NAS:MGYR) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.98/1.36
=8.07

* 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 Magyar Bancorp was 10.79. The lowest was 5.00. And the median was 7.61.


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.


Magyar Bancorp Cyclically Adjusted FCF per Share Related Terms

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


Magyar Bancorp (Magyar Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
400 Somerset Street, New Brunswick, NJ, USA, 08901
Magyar Bancorp Inc is a mid-tier stock holding company. The Company offers a full array of commercial and retail financial services, including the taking of time, savings and demand deposits; the making of commercial, consumer and home equity loans; and the provision of other financial services. The business consists of getting retail deposits from the general public in the areas surrounding the main office in New Brunswick, New Jersey and branch offices located in Middlesex and Somerset Counties, New Jersey, and investing those deposits, together with funds generated from operations and wholesale funding, in residential mortgage loans, home equity loans, home equity lines of credit, commercial real estate loans, commercial business loans, Small Business Administration loans.
Executives
Michael F Lombardi director 1862 OAK TREE RD., C/O LOMBARDI & LOMBARDI, EDISNO NJ 08818
Maureen Ruane director 400 SOMERSET STREET, NEW BRUNSWICK NJ 08901
Susan Eisenhauer director 400 SOMERSET STREET, NEW BRUNSWICK NJ 08901
Peter Mcintyre Brown officer: SVP and CLO 400 SOMERSET STREET, NEW BRUNSWICK NJ 08901
Joseph A Yelencsics director 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Jon Ansari officer: Senior Vice President, C.F.O. 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
John S Fitzgerald officer: EVP and Chief Lending Officer 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Lukacs Joseph J Jr director, other: Chairman of the Board 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Stokes Edward C Iii director 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Brian Stanley officer: SVP and Chief Lending Officer 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Elizabeth E Hance director, officer: President and CEO 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Salvatore J Romano director 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Thomas Lankey director, other: Vice Chairman of the Board 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Andrew G Hodulik director 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Martin A Lukacs director 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903