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Bank of Marin Bancorp (Bank of Marin Bancorp) Cyclically Adjusted Price-to-FCF : 5.23 (As of Jun. 01, 2024)


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What is Bank of Marin Bancorp Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Bank of Marin Bancorp's current share price is $15.364. Bank of Marin Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.94. Bank of Marin Bancorp's Cyclically Adjusted Price-to-FCF for today is 5.23.

The historical rank and industry rank for Bank of Marin Bancorp's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BMRC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.04   Med: 14.55   Max: 22.85
Current: 5.22

During the past years, Bank of Marin Bancorp's highest Cyclically Adjusted Price-to-FCF was 22.85. The lowest was 5.04. And the median was 14.55.

BMRC's Cyclically Adjusted Price-to-FCF is ranked better than
66.63% of 830 companies
in the Banks industry
Industry Median: 7.35 vs BMRC: 5.22

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.

Bank of Marin Bancorp's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.259. 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 $2.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Marin Bancorp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bank of Marin Bancorp'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.

Bank of Marin Bancorp Cyclically Adjusted Price-to-FCF Chart

Bank of Marin Bancorp 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 20.29 14.92 14.62 11.69 7.64

Bank of Marin 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 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 7.57 6.02 6.18 7.64 5.70

Competitive Comparison of Bank of Marin Bancorp's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Bank of Marin 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.


Bank of Marin Bancorp's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Bank of Marin Bancorp 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.

Bank of Marin Bancorp's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.364/2.94
=5.23

* 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.

Bank of Marin Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bank of Marin 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)
=0.259/131.7762*131.7762
=0.259

Current CPI (Mar. 2024) = 131.7762.

Bank of Marin Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.307 100.560 0.402
201409 0.602 100.428 0.790
201412 0.315 99.070 0.419
201503 0.452 99.621 0.598
201506 0.228 100.684 0.298
201509 0.631 100.392 0.828
201512 0.523 99.792 0.691
201603 0.619 100.470 0.812
201606 0.222 101.688 0.288
201609 0.769 101.861 0.995
201612 0.386 101.863 0.499
201703 0.540 102.862 0.692
201706 0.383 103.349 0.488
201709 0.638 104.136 0.807
201712 0.474 104.011 0.601
201803 0.640 105.290 0.801
201806 0.665 106.317 0.824
201809 0.875 106.507 1.083
201812 0.756 105.998 0.940
201903 0.751 107.251 0.923
201906 0.449 108.070 0.547
201909 1.028 108.329 1.251
201912 0.701 108.420 0.852
202003 0.687 108.902 0.831
202006 1.473 108.767 1.785
202009 0.085 109.815 0.102
202012 0.684 109.897 0.820
202103 0.913 111.754 1.077
202106 0.510 114.631 0.586
202109 0.833 115.734 0.948
202112 0.793 117.630 0.888
202203 0.712 121.301 0.773
202206 0.495 125.017 0.522
202209 1.185 125.227 1.247
202212 0.926 125.222 0.974
202303 0.750 127.348 0.776
202306 0.479 128.729 0.490
202309 0.839 129.860 0.851
202312 0.048 129.419 0.049
202403 0.259 131.776 0.259

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.


Bank of Marin Bancorp  (NAS:BMRC) 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.


Bank of Marin Bancorp Cyclically Adjusted Price-to-FCF Related Terms

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


Bank of Marin Bancorp (Bank of Marin Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
504 Redwood Boulevard, Suite 100, Novato, CA, USA, 94947
Bank of Marin Bancorp is a United States-based bank holding company. It conducts business primarily through its wholly-owned subsidiary. The Bank provides a wide range of financial services to customers such as professionals, small and middle-market businesses, and individuals residing in Marin, Sonoma, Napa, San Francisco, Alameda, Contra Costa, and San Mateo counties. It offers commercial and retail deposit and lending programs, personal and business checking and savings accounts, and wealth management and trust services. The majority of its revenue comes from interest income.
Executives
Mcdevitt Jr William H director 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
Cigdem Gencer director 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
David Bonaccorso officer: Senior Vice President 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
David A Bloom officer: Executive Vice President 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
Misako Stewart officer: EVP, Chief Credit Officer 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
Timothy D Myers officer: Senior Vice President 504 REDWOOD BOULEVARD, STE 100, NOVATO CA 94947
Arasadi Sathis officer: Executive Vice President 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
Secil Tabli Watson director 504 REDWOOD BLVD., STE. 100, NOVATO CA 94947
David A Merck officer: Principal Accounting Officer 504 REDWOOD BOULEVARD, STE. 100, NOVATO CA 94947
Kevin R Kennedy director 504 REDWOOD BLVD STE 100, NOVATO CA 94947
H Robert Heller director 90 GILMARTIN DRIVE, TIBURON CA 94920
Charles D Fite director 8707 HAMMERSMITH LANE, FAIR OAKS CA 95628-6300
Russell A Colombo director, officer: President and CEO 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
Steven I. Barlow director 504 REDWOOD BLVD., SUITE 100, NOVATO CA 94947
Sanjiv Siddharth Sanghvi director 504 REDWOOD BOULEVARD, STE 100, NOVATO CA 94947