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Arrow Financial (Arrow Financial) Cyclically Adjusted Price-to-FCF : 9.79 (As of Jun. 05, 2024)


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What is Arrow Financial Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), Arrow Financial's current share price is $24.865. Arrow Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.54. Arrow Financial's Cyclically Adjusted Price-to-FCF for today is 9.79.

The historical rank and industry rank for Arrow Financial's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

AROW' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.31   Med: 13.75   Max: 20.88
Current: 9.74

During the past years, Arrow Financial's highest Cyclically Adjusted Price-to-FCF was 20.88. The lowest was 6.31. And the median was 13.75.

AROW's Cyclically Adjusted Price-to-FCF is ranked worse than
67.84% of 827 companies
in the Banks industry
Industry Median: 7.38 vs AROW: 9.74

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.

Arrow Financial's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.545. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $2.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arrow Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Arrow Financial's Cyclically Adjusted Price-to-FCF 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.

Arrow Financial Cyclically Adjusted Price-to-FCF Chart

Arrow Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.33 12.99 13.91 12.58 11.16

Arrow Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 9.12 7.32 6.32 11.16 9.83

Competitive Comparison of Arrow Financial's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Arrow 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.


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

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

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



Arrow Financial Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Arrow Financial's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=24.865/2.54
=9.79

* 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.

Arrow Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Arrow Financial'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)
=0.545/131.7762*131.7762
=0.545

Current CPI (Mar. 2024) = 131.7762.

Arrow Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.366 100.560 0.480
201409 0.442 100.428 0.580
201412 0.521 99.070 0.693
201503 0.496 99.621 0.656
201506 0.271 100.684 0.355
201509 0.379 100.392 0.497
201512 0.518 99.792 0.684
201603 0.617 100.470 0.809
201606 0.262 101.688 0.340
201609 0.579 101.861 0.749
201612 0.549 101.863 0.710
201703 0.580 102.862 0.743
201706 0.483 103.349 0.616
201709 0.438 104.136 0.554
201712 0.608 104.011 0.770
201803 0.697 105.290 0.872
201806 0.476 106.317 0.590
201809 0.688 106.507 0.851
201812 0.336 105.998 0.418
201903 0.513 107.251 0.630
201906 0.479 108.070 0.584
201909 0.553 108.329 0.673
201912 0.599 108.420 0.728
202003 0.713 108.902 0.863
202006 0.104 108.767 0.126
202009 0.598 109.815 0.718
202012 0.698 109.897 0.837
202103 1.106 111.754 1.304
202106 1.106 114.631 1.271
202109 0.825 115.734 0.939
202112 0.545 117.630 0.611
202203 0.800 121.301 0.869
202206 0.643 125.017 0.678
202209 0.744 125.227 0.783
202212 0.478 125.222 0.503
202303 0.620 127.348 0.642
202306 0.589 128.729 0.603
202309 0.574 129.860 0.582
202312 -0.996 129.419 -1.014
202403 0.545 131.776 0.545

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


Arrow Financial  (NAS:AROW) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Arrow Financial Cyclically Adjusted Price-to-FCF Related Terms

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


Arrow Financial (Arrow Financial) Business Description

Industry
Traded in Other Exchanges
Address
250 Glen Street, Glens Falls, NY, USA, 12801
Arrow Financial Corp is a holding company. The company provides various advisory and administrative services and coordinates the general policies and operations of the banks. It provides financial products, including online and mobile banking, mortgages, commercial loans, investments, and others. The company also provides lending services including commercial and industrial lending primarily to small and mid-sized companies; mortgage lending for residential and commercial properties; and consumer installment and home equity financing. The key source of company's revenue is interest income, fees, commission earned through its subsidiaries.
Executives
Andrew J Wise officer: SVP, Chief Operating Officer 250 GLEN STREET, GLENS FALLS NY 12801
David D Kaiser officer: SVP AMETHYST DRIVE, QUEENSBURY NY 12804
Read Colin L director 81 BLAIR ROAD, PLATTSBURGH NY 12901
William L Owens director 42 BLUE HERRON WAY, PLATTSBURGH NY 12901
Elizabeth Miller director 250 GLEN STREET, GLENS FALLS NY 12801
Gary C Dake director 514 LOCUST GROVE ROAD, GREENFIELD CENTER NY 12833
Mark Behan director 250 GLEN STREET, GLENS FALLS NY 12801
Penko Krassimir Ivanov officer: EVP, Treasurer and CFO C/O ARROW FINANCIAL CORPORATION, 250 GLEN STREET, GLENS FALLS NY 12801
David S. Demarco officer: Senior Vice President 7 INGERSOL ROAD, SARATOGA SPRINGS NY 12866
Raymond F O'conor officer: Senior Vice President 7 ROLLING GREEN DRIVE, WILTON NY 12831
Gregory J Champion director 250 GLEN STREET, GLENS FALLS NY 12801
Thomas L Hoy director ARROW FINANCIAL CORPORATION, 250 GLEN STREET, GLENS FALLS NY 12801
Reisman Richard J Dmd director 9 ST. ANDREWS DRIVE, QUEENSBURY NY 12804
Edward J Campanella officer: SVP, Treasurer & CFO 42 MAXWELL ROAD, LATHAM NY 12110
Michael B Clarke director 58 CHRISTIANA COURT, LAKE GEORGE NY 12845

Arrow Financial (Arrow Financial) Headlines

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