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NCB Financial Group (XJAM:NCBFG) Cyclically Adjusted Price-to-FCF : 3.14 (As of Jun. 09, 2024)


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What is NCB Financial Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), NCB Financial Group's current share price is JMD60.83. NCB Financial Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was JMD19.36. NCB Financial Group's Cyclically Adjusted Price-to-FCF for today is 3.14.

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

XJAM:NCBFG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.14   Med: 5.81   Max: 12.08
Current: 3.14

During the past years, NCB Financial Group's highest Cyclically Adjusted Price-to-FCF was 12.08. The lowest was 3.14. And the median was 5.81.

XJAM:NCBFG's Cyclically Adjusted Price-to-FCF is ranked better than
81.82% of 22 companies
in the Diversified Financial Services industry
Industry Median: 9.2 vs XJAM:NCBFG: 3.14

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.

NCB Financial Group's adjusted free cash flow per share data for the three months ended in Dec. 2023 was JMD7.008. 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 JMD19.36 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


NCB Financial Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for NCB Financial Group'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.

NCB Financial Group Cyclically Adjusted Price-to-FCF Chart

NCB Financial Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 9.68 9.02 5.50 3.52

NCB Financial Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.88 4.81 3.42 3.52 3.42

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

For the Financial Conglomerates subindustry, NCB Financial Group'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.


NCB Financial Group's Cyclically Adjusted Price-to-FCF Distribution in the Diversified Financial Services Industry

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

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



NCB Financial Group 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=60.83/19.36
=3.14

* 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.

NCB Financial Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, NCB Financial Group's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=7.008/129.4194*129.4194
=7.008

Current CPI (Dec. 2023) = 129.4194.

NCB Financial Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 7.452 99.695 9.674
201406 6.713 100.560 8.640
201409 -5.953 100.428 -7.672
201412 0.101 99.070 0.132
201503 -4.405 99.621 -5.723
201506 -4.434 100.684 -5.699
201509 7.476 100.392 9.638
201512 2.209 99.792 2.865
201603 3.819 100.470 4.919
201606 4.491 101.688 5.716
201609 2.773 101.861 3.523
201612 -5.888 101.863 -7.481
201703 -0.440 102.862 -0.554
201706 7.398 103.349 9.264
201709 -1.861 104.136 -2.313
201712 -3.823 104.011 -4.757
201803 9.563 105.290 11.755
201806 1.468 106.317 1.787
201809 9.938 106.507 12.076
201812 -15.186 105.998 -18.542
201903 8.999 107.251 10.859
201906 5.692 108.070 6.816
201909 1.335 108.329 1.595
201912 -6.427 108.420 -7.672
202003 9.747 108.902 11.583
202006 28.479 108.767 33.886
202009 33.995 109.815 40.064
202012 -11.794 109.897 -13.889
202103 10.390 111.754 12.032
202106 8.951 114.631 10.106
202109 5.639 115.734 6.306
202112 17.437 117.630 19.185
202203 9.580 121.301 10.221
202206 -8.137 125.017 -8.424
202209 -2.434 125.227 -2.515
202212 5.944 125.222 6.143
202303 -12.548 127.348 -12.752
202306 31.303 128.729 31.471
202309 4.336 129.860 4.321
202312 7.008 129.419 7.008

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.


NCB Financial Group  (XJAM:NCBFG) 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.


NCB Financial Group Cyclically Adjusted Price-to-FCF Related Terms

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


NCB Financial Group (XJAM:NCBFG) Business Description

Traded in Other Exchanges
Address
32 Trafalgar Road, The Atrium, Kingston, JAM, 10
NCB Financial Group Ltd provides financial services. It provides many products and services to meet the banking needs of customers, deposit accounts, unsecured and secured loans, credit cards, overdraft lines, foreign exchange, and personal and private banking services are part of the offerings. Its segments comprise Consumer & SME banking; Payment services; Corporate & commercial banking; Treasury & correspondent banking; Wealth, asset management & investment banking; Life and health insurance & pension fund management; and General insurance. The majority of revenue gets derived from the Life and health insurance & pension fund management segment.

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