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Hilltop Holdings (FRA:WXF) Cyclically Adjusted Price-to-FCF : 11.73 (As of Jun. 08, 2024)


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What is Hilltop Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Hilltop Holdings's current share price is €27.80. Hilltop Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.37. Hilltop Holdings's Cyclically Adjusted Price-to-FCF for today is 11.73.

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

FRA:WXF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9   Med: 43   Max: 1224
Current: 11.63

During the past years, Hilltop Holdings's highest Cyclically Adjusted Price-to-FCF was 1224.00. The lowest was 9.00. And the median was 43.00.

FRA:WXF's Cyclically Adjusted Price-to-FCF is ranked worse than
76.12% of 829 companies
in the Banks industry
Industry Median: 7.33 vs FRA:WXF: 11.63

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.

Hilltop Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.965. 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 €2.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hilltop Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hilltop Holdings'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.

Hilltop Holdings Cyclically Adjusted Price-to-FCF Chart

Hilltop Holdings 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 - - 37.73 12.17 13.22

Hilltop Holdings 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 14.14 15.68 13.15 13.22 12.03

Competitive Comparison of Hilltop Holdings's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Hilltop Holdings'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.


Hilltop Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Hilltop Holdings 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.

Hilltop Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=27.80/2.37
=11.73

* 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.

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

For example, Hilltop Holdings'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)
=0.965/131.7762*131.7762
=0.965

Current CPI (Mar. 2024) = 131.7762.

Hilltop Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -3.715 100.560 -4.868
201409 1.962 100.428 2.574
201412 -0.466 99.070 -0.620
201503 -1.141 99.621 -1.509
201506 0.501 100.684 0.656
201509 0.382 100.392 0.501
201512 0.273 99.792 0.360
201603 -0.001 100.470 -0.001
201606 -3.558 101.688 -4.611
201609 1.107 101.861 1.432
201612 0.660 101.863 0.854
201703 3.260 102.862 4.176
201706 -7.411 103.349 -9.449
201709 -0.235 104.136 -0.297
201712 1.323 104.011 1.676
201803 1.529 105.290 1.914
201806 -4.604 106.317 -5.707
201809 5.344 106.507 6.612
201812 0.592 105.998 0.736
201903 3.001 107.251 3.687
201906 -4.388 108.070 -5.351
201909 -3.621 108.329 -4.405
201912 0.361 108.420 0.439
202003 -6.002 108.902 -7.263
202006 4.420 108.767 5.355
202009 1.892 109.815 2.270
202012 1.841 109.897 2.208
202103 3.104 111.754 3.660
202106 -6.544 114.631 -7.523
202109 12.602 115.734 14.349
202112 -1.233 117.630 -1.381
202203 4.431 121.301 4.814
202206 4.533 125.017 4.778
202209 7.612 125.227 8.010
202212 -0.711 125.222 -0.748
202303 -1.576 127.348 -1.631
202306 -3.088 128.729 -3.161
202309 7.211 129.860 7.317
202312 3.670 129.419 3.737
202403 0.965 131.776 0.965

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.


Hilltop Holdings  (FRA:WXF) 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.


Hilltop Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Hilltop Holdings (FRA:WXF) Business Description

Industry
Traded in Other Exchanges
Address
6565 Hillcrest Avenue, Dallas, TX, USA, 75205
Hilltop Holdings Inc is a Dallas-based financial holding company. Its primary line of business is to provide business and consumer banking services from offices throughout Texas through PlainsCapital Bank. Hilltop's broker-dealer subsidiaries, Hilltop Securities Inc. and Momentum Independent Network Inc. provide a full complement of securities brokerage, institutional and investment banking services in addition to clearing services and retail financial advisory. Its business units are comprised of three reportable business segments such as banking, broker-dealer, and mortgage origination. The company generates revenue from banking activities. Hilltop operated around 410 locations in 47 states.

Hilltop Holdings (FRA:WXF) Headlines

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