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BayFirst Financial (BayFirst Financial) Cyclically Adjusted Price-to-FCF : 0.18 (As of Jun. 10, 2024)


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

As of today (2024-06-10), BayFirst Financial's current share price is $11.42. BayFirst Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $63.55. BayFirst Financial's Cyclically Adjusted Price-to-FCF for today is 0.18.

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

BAFN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.17   Med: 0.49   Max: 25.21
Current: 0.18

During the past years, BayFirst Financial's highest Cyclically Adjusted Price-to-FCF was 25.21. The lowest was 0.17. And the median was 0.49.

BAFN's Cyclically Adjusted Price-to-FCF is ranked better than
98.91% of 829 companies
in the Banks industry
Industry Median: 7.23 vs BAFN: 0.18

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.

BayFirst Financial's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $29.669. 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 $63.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BayFirst Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for BayFirst 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.

BayFirst Financial Cyclically Adjusted Price-to-FCF Chart

BayFirst 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 - - 1.08 0.41 0.23

BayFirst 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 0.36 0.28 0.21 0.23 0.20

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

For the Banks - Regional subindustry, BayFirst 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.


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

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

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



BayFirst 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.42/63.55
=0.18

* 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.

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

For example, BayFirst 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)
=29.669/131.7762*131.7762
=29.669

Current CPI (Mar. 2024) = 131.7762.

BayFirst Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
199506 0.102 64.341 0.209
199509 0.139 64.637 0.283
199512 0.182 64.763 0.370
199603 -0.082 65.692 -0.164
199606 0.000 66.113 0.000
199609 0.747 66.578 1.479
199612 -0.302 66.915 -0.595
199703 0.246 67.506 0.480
199706 0.133 67.632 0.259
199709 0.093 68.012 0.180
199712 0.229 68.054 0.443
199803 0.334 68.434 0.643
201312 0.000 98.326 0.000
201412 0.000 99.070 0.000
201506 0.000 100.684 0.000
201512 0.000 99.792 0.000
201612 0.000 101.863 0.000
201712 0.000 104.011 0.000
201812 0.000 105.998 0.000
201903 0.000 107.251 0.000
201906 0.000 108.070 0.000
201909 0.000 108.329 0.000
201912 0.000 108.420 0.000
202003 0.000 108.902 0.000
202006 0.000 108.767 0.000
202009 0.000 109.815 0.000
202012 0.000 109.897 0.000
202103 0.391 111.754 0.461
202106 20.617 114.631 23.701
202109 7.771 115.734 8.848
202112 91.172 117.630 102.137
202203 25.954 121.301 28.195
202206 11.694 125.017 12.326
202209 29.410 125.227 30.948
202212 38.069 125.222 40.062
202303 15.274 127.348 15.805
202306 29.163 128.729 29.853
202309 30.901 129.860 31.357
202312 23.911 129.419 24.346
202403 29.669 131.776 29.669

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.


BayFirst Financial  (NAS:BAFN) 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.


BayFirst Financial Cyclically Adjusted Price-to-FCF Related Terms

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


BayFirst Financial (BayFirst Financial) Business Description

Traded in Other Exchanges
N/A
Address
700 Central Avenue, Suite 100, Saint Petersburg, FL, USA, 33701
BayFirst Financial Corp is a one-bank holding company, it generates its revenue from interest on loans and the gain-on-sale income derived from the sale of loans into the secondary market. The company serves a broad spectrum of individuals, families, and small businesses, supported by national business lines in residential and SBA lending and technology platforms. The primary source of funding for its loans is deposits. BayFirst measures performance through net interest income after provision for loan losses, return on average assets, and return on average common equity, while maintaining appropriate regulatory leverage and risk-based capital ratios.
Executives
Scott Joseph Mckim officer: EVP, Chief Financial Officer 700 CENTRAL AVE, ST PETERSBURG FL 33701
Thomas Gerard Zernick officer: Executive Vice President 700 CENTRAL AVE, ST PETERSBURG FL 33701
Anthony N Leo director, officer: Chief Executive Officer 700 CENTRAL AVE, SAINT PETERSBURG FL 33701
Rhonda S Tudor officer: SVP, Chief Accounting Officer 1032 STONEY CREEK LN., MOUNT PLEASANT MI 48858
Anthony Saravanos director 3802 COCONUT PALM DRIVE, TAMPA FL 33619
Sheryl Wudunn director 700 CENTRAL AVE, ST PETERSBURG FL 33701
Tarek Helal director 700 CENTRAL AVE, ST PETERSBURG FL 33701
Harold Jack Winner director 700 CENTRAL AVE, ST PETERSBURG FL 33701
Derek Steven Berset director 700 CENTRAL AVE, ST PETERSBURG FL 33701
Bradly William Spoor director 700 CENTRAL AVE, ST PETERSBURG FL 33701
Matthew Mann Luckey officer: Executive Vice President 700 CENTRAL AVE, ST PETERSBURG FL 33701
Brandi Nicole Jaber officer: Executive Vice President 700 CENTRAL AVE, ST PETERSBURG FL 33701
Christos Politis director 700 CENTRAL AVE, ST PETERSBURG FL 33701
Robin Leigh Oliver officer: Chief Financial Officer 700 CENTRAL AVE, ST PETERSBURG FL 33701
Alexander Octavius Harris director 700 CENTRAL AVE, ST PETERSBURG FL 33701

BayFirst Financial (BayFirst Financial) Headlines