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Towne Bank (FRA:3T8) Cyclically Adjusted Price-to-FCF : 9.14 (As of Jun. 09, 2024)


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What is Towne Bank Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Towne Bank's current share price is €24.40. Towne Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.67. Towne Bank's Cyclically Adjusted Price-to-FCF for today is 9.14.

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

FRA:3T8' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.22   Med: 20.37   Max: 42.63
Current: 8.96

During the past years, Towne Bank's highest Cyclically Adjusted Price-to-FCF was 42.63. The lowest was 7.22. And the median was 20.37.

FRA:3T8's Cyclically Adjusted Price-to-FCF is ranked worse than
62.85% of 829 companies
in the Banks industry
Industry Median: 7.33 vs FRA:3T8: 8.96

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.

Towne Bank's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.346. 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 €2.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Towne Bank Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Towne Bank'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.

Towne Bank Cyclically Adjusted Price-to-FCF Chart

Towne Bank 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 18.84 15.20 13.05 10.26 10.30

Towne Bank 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 8.99 7.39 7.68 10.30 9.50

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

For the Banks - Regional subindustry, Towne Bank'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.


Towne Bank's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Towne Bank 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.

Towne Bank's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=24.40/2.67
=9.14

* 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.

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

For example, Towne Bank'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)
=0.346/131.7762*131.7762
=0.346

Current CPI (Mar. 2024) = 131.7762.

Towne Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.346 100.560 -0.453
201409 0.394 100.428 0.517
201412 0.567 99.070 0.754
201503 -0.973 99.621 -1.287
201506 -1.056 100.684 -1.382
201509 1.596 100.392 2.095
201512 1.426 99.792 1.883
201603 0.617 100.470 0.809
201606 -0.714 101.688 -0.925
201609 0.855 101.861 1.106
201612 1.734 101.863 2.243
201703 2.306 102.862 2.954
201706 -2.302 103.349 -2.935
201709 1.348 104.136 1.706
201712 0.475 104.011 0.602
201803 0.969 105.290 1.213
201806 -0.549 106.317 -0.680
201809 0.802 106.507 0.992
201812 2.353 105.998 2.925
201903 0.278 107.251 0.342
201906 -1.364 108.070 -1.663
201909 -0.138 108.329 -0.168
201912 0.910 108.420 1.106
202003 -0.078 108.902 -0.094
202006 -1.436 108.767 -1.740
202009 0.120 109.815 0.144
202012 2.214 109.897 2.655
202103 0.775 111.754 0.914
202106 0.978 114.631 1.124
202109 2.693 115.734 3.066
202112 1.267 117.630 1.419
202203 1.866 121.301 2.027
202206 0.964 125.017 1.016
202209 1.062 125.227 1.118
202212 0.831 125.222 0.874
202303 -0.425 127.348 -0.440
202306 0.299 128.729 0.306
202309 1.133 129.860 1.150
202312 0.446 129.419 0.454
202403 0.346 131.776 0.346

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.


Towne Bank  (FRA:3T8) 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.


Towne Bank Cyclically Adjusted Price-to-FCF Related Terms

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


Towne Bank (FRA:3T8) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Towne Bank (FRA:3T8) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
5716 High Street, Portsmouth, VA, USA, 23703
Towne Bank is a financial services company that places special emphasis on serving the financial needs of individuals, commercial enterprises, and professionals, offering retail and commercial banking services to numerous markets in Virginia and North Carolina. The company has three reportable segments: Banking Segment provides loan and deposit services to retail and commercial customers and provides commercial mortgage brokerage services and investment and asset management services, and the Realty Segment provides residential real estate services and mortgage loans. It also provides resort property management and residential and commercial title insurance, and Insurance Segment provides provide a wide array of insurance products, including property, casualty, life, and health insurance.

Towne Bank (FRA:3T8) Headlines

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