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Kearny Financial (Kearny Financial) Cyclically Adjusted Price-to-FCF : 8.14 (As of Jun. 05, 2024)


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

As of today (2024-06-05), Kearny Financial's current share price is $5.375. Kearny Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.66. Kearny Financial's Cyclically Adjusted Price-to-FCF for today is 8.14.

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

KRNY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.18   Med: 38.36   Max: 61.54
Current: 8.2

During the past years, Kearny Financial's highest Cyclically Adjusted Price-to-FCF was 61.54. The lowest was 8.18. And the median was 38.36.

KRNY's Cyclically Adjusted Price-to-FCF is ranked worse than
59.13% of 827 companies
in the Banks industry
Industry Median: 7.38 vs KRNY: 8.20

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.

Kearny Financial's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.282. 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 $0.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kearny Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kearny 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.

Kearny Financial Cyclically Adjusted Price-to-FCF Chart

Kearny Financial Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.63 23.55 28.58 21.30 11.71

Kearny 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 13.83 11.71 11.19 14.38 9.78

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

For the Banks - Regional subindustry, Kearny 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.


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

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

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



Kearny 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.375/0.66
=8.14

* 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.

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

For example, Kearny 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)
=0.282/131.7762*131.7762
=0.282

Current CPI (Mar. 2024) = 131.7762.

Kearny Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.118 100.560 0.155
201409 0.055 100.428 0.072
201412 0.024 99.070 0.032
201503 0.172 99.621 0.228
201506 -0.054 100.684 -0.071
201509 0.047 100.392 0.062
201512 0.124 99.792 0.164
201603 0.083 100.470 0.109
201606 0.158 101.688 0.205
201609 0.028 101.861 0.036
201612 0.087 101.863 0.113
201703 0.137 102.862 0.176
201706 0.159 103.349 0.203
201709 0.063 104.136 0.080
201712 0.097 104.011 0.123
201803 0.161 105.290 0.202
201806 0.124 106.317 0.154
201809 0.118 106.507 0.146
201812 0.098 105.998 0.122
201903 0.150 107.251 0.184
201906 -0.009 108.070 -0.011
201909 0.118 108.329 0.144
201912 0.146 108.420 0.177
202003 0.016 108.902 0.019
202006 -0.124 108.767 -0.150
202009 0.055 109.815 0.066
202012 0.280 109.897 0.336
202103 0.325 111.754 0.383
202106 0.195 114.631 0.224
202109 0.067 115.734 0.076
202112 0.288 117.630 0.323
202203 0.423 121.301 0.460
202206 0.343 125.017 0.362
202209 0.301 125.227 0.317
202212 0.239 125.222 0.252
202303 0.328 127.348 0.339
202306 0.181 128.729 0.185
202309 0.195 129.860 0.198
202312 0.110 129.419 0.112
202403 0.282 131.776 0.282

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.


Kearny Financial  (NAS:KRNY) 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.


Kearny Financial Cyclically Adjusted Price-to-FCF Related Terms

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


Kearny Financial (Kearny Financial) Business Description

Industry
Traded in Other Exchanges
N/A
Address
120 Passaic Avenue, Fairfield, NJ, USA, 07004
Kearny Financial Corp is a federally-chartered stock savings bank. The bank is engaged in the business of attracting deposits from the general public in New Jersey and New York, and using these deposits, together with other funds, to originate or purchase loans for its portfolios and invest in securities. The bank's loan portfolio is chiefly comprised of loans collateralized by commercial and residential real estate. It is also heavily into secured and unsecured business and consumer loans. The bank's primary source of income is net interest income.
Executives
Melvina Wong-zaza director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
John F Mcgovern director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Curtland E Fields director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Thomas Demedici officer: EVP and CCO 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Timothy A Swansson officer: EVP and CTIO 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Leopold W Montanaro director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Charles J Pivirotto director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Mazur John J Jr director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
John F Regan director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Raymond E. Chandonnet director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Patrick M Joyce officer: EVP/CLO C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Theodore J Aanensen director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Christopher Petermann director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Catherine A Lawton director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Matthew T Mcclane director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004