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OFG Bancorp (OFG Bancorp) Cyclically Adjusted FCF per Share : $2.85 (As of Mar. 2024)


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What is OFG 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.

OFG Bancorp's adjusted free cash flow per share for the three months ended in Mar. 2024 was $1.158. 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 $2.85 for the trailing ten years ended in Mar. 2024.

During the past 12 months, OFG Bancorp's average Cyclically Adjusted FCF Growth Rate was 9.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 18.20% 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 OFG Bancorp was 172.60% per year. The lowest was -64.40% per year. And the median was 15.55% per year.

As of today (2024-05-24), OFG Bancorp's current stock price is $36.58. OFG Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.85. OFG Bancorp's Cyclically Adjusted Price-to-FCF of today is 12.84.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of OFG Bancorp was 550.50. The lowest was 5.81. And the median was 12.65.


OFG Bancorp Cyclically Adjusted FCF per Share Historical Data

The historical data trend for OFG 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.

OFG Bancorp Cyclically Adjusted FCF per Share Chart

OFG 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 1.62 1.82 2.22 2.52 2.78

OFG 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 2.61 2.64 2.69 2.78 2.85

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

For the Banks - Regional subindustry, OFG 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.


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

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

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



OFG 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, OFG 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)
=1.158/131.7762*131.7762
=1.158

Current CPI (Mar. 2024) = 131.7762.

OFG Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.006 100.560 1.318
201409 1.207 100.428 1.584
201412 0.253 99.070 0.337
201503 0.641 99.621 0.848
201506 0.220 100.684 0.288
201509 0.365 100.392 0.479
201512 0.558 99.792 0.737
201603 0.422 100.470 0.553
201606 0.130 101.688 0.168
201609 0.290 101.861 0.375
201612 0.591 101.863 0.765
201703 0.460 102.862 0.589
201706 -0.421 103.349 -0.537
201709 1.953 104.136 2.471
201712 0.845 104.011 1.071
201803 0.662 105.290 0.829
201806 0.216 106.317 0.268
201809 0.401 106.507 0.496
201812 1.097 105.998 1.364
201903 0.358 107.251 0.440
201906 0.185 108.070 0.226
201909 0.074 108.329 0.090
201912 1.251 108.420 1.520
202003 0.296 108.902 0.358
202006 -0.022 108.767 -0.027
202009 0.467 109.815 0.560
202012 -0.366 109.897 -0.439
202103 0.635 111.754 0.749
202106 0.496 114.631 0.570
202109 0.372 115.734 0.424
202112 -0.020 117.630 -0.022
202203 0.609 121.301 0.662
202206 0.872 125.017 0.919
202209 0.382 125.227 0.402
202212 0.888 125.222 0.934
202303 1.024 127.348 1.060
202306 0.897 128.729 0.918
202309 1.790 129.860 1.816
202312 2.141 129.419 2.180
202403 1.158 131.776 1.158

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


OFG Bancorp  (NYSE:OFG) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=36.58/2.85
=12.84

* 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 OFG Bancorp was 550.50. The lowest was 5.81. And the median was 12.65.


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.


OFG Bancorp Cyclically Adjusted FCF per Share Related Terms

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


OFG Bancorp (OFG Bancorp) Business Description

Industry
Traded in Other Exchanges
Address
254 Munoz Rivera Avenue, San Juan, PRI, 00918
OFG Bancorp is a financial holding company, through its subsidiaries provides banking and financial services. It operates through three segments namely Banking, Wealth Management, and Treasury. It serves to clients such as commercial, consumer, auto, and mortgage lending, checking and savings accounts, financial planning, insurance, financial services, and investment brokerage, and corporate and individual trust and retirement services. It provides services in the region of Puerto Rico.
Executives
Ganesh Kumar officer: CFO & EVP P.O. BOX 195115, SAN JUAN PR 00919-5115
Jesus Nestor De director P.O. BOX 195115, SAN JUAN PR 00919-5115
Cesar A Ortiz officer: SVP & Chief Risk Officer PO BOX 195115, SAN JUAN PR 00919
Maritza Arizmendi officer: EVP & CFO PO BOX 195115, SAN JUAN PR 00919-5115
Julian Inclan director, DIRECTOR P.O. BOX 195115, SAN JUAN PR 00919-5115
Patrick J. Haggarty officer: Managing Director Comm. Bankin P.O.BOX 195115, SAN JUAN PR 00919-5115
Jose Rafael Fernandez officer: Senior Executive VP PO BOX 195115, SAN JUAN PR 00919-5115
Jorge Colon director PO BOX 195115, SAN JUAN PR 00919-5115
Angel E. Vazquez director P.O. BOX 195115, SAN JUAN PR 00919-5115
Edwin Perez director P.O. BOX 195115, SAN JUAN PR 00919-5115
Ada Garcia officer: Managing Dir Customer Intelli P.O. BOX 195115, SAN JUAN PR 00919-5115
Hugh Gonzalez officer: General Counsel P.O. BOX 195115, SAN JUAN PR 00919-5115
Annette Franqui director 811 MAIN STREET, SUITE 3000, HOUSTON TX 77002
Rafael A Velez-dominguez director P.O. BOX 195115, SAN JUAN PR 00919-5115
Sue Harnett director P.O. BOX 195115, SAN JUAN PR 00919-5115

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