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Primis Financial (Primis Financial) Cyclically Adjusted Price-to-FCF : 9.97 (As of Apr. 27, 2024)


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

As of today (2024-04-27), Primis Financial's current share price is $10.17. Primis Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was $1.02. Primis Financial's Cyclically Adjusted Price-to-FCF for today is 9.97.

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

FRST' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.99   Med: 14.47   Max: 22.75
Current: 10.51

During the past years, Primis Financial's highest Cyclically Adjusted Price-to-FCF was 22.75. The lowest was 5.99. And the median was 14.47.

FRST's Cyclically Adjusted Price-to-FCF is ranked worse than
71.03% of 832 companies
in the Banks industry
Industry Median: 7.405 vs FRST: 10.51

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.

Primis Financial's adjusted free cash flow per share data for the three months ended in Sep. 2023 was $-0.295. 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 $1.02 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Primis Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Primis 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.

Primis Financial Cyclically Adjusted Price-to-FCF Chart

Primis Financial 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 15.56 10.43 12.41 9.66 -

Primis Financial 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 9.66 8.17 7.87 8.02 -

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

For the Banks - Regional subindustry, Primis 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.


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

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

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



Primis 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.17/1.02
=9.97

* 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.

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

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.295/129.8595*129.8595
=-0.295

Current CPI (Sep. 2023) = 129.8595.

Primis Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.135 98.326 -0.178
201403 0.188 99.695 0.245
201406 0.180 100.560 0.232
201409 0.270 100.428 0.349
201412 0.245 99.070 0.321
201503 0.259 99.621 0.338
201506 0.153 100.684 0.197
201509 0.534 100.392 0.691
201512 0.020 99.792 0.026
201603 0.180 100.470 0.233
201606 0.251 101.688 0.321
201609 0.529 101.861 0.674
201612 0.477 101.863 0.608
201703 0.514 102.862 0.649
201706 -0.484 103.349 -0.608
201709 0.478 104.136 0.596
201712 0.475 104.011 0.593
201803 0.527 105.290 0.650
201806 0.225 106.317 0.275
201809 0.472 106.507 0.575
201812 0.402 105.998 0.492
201903 0.481 107.251 0.582
201906 0.154 108.070 0.185
201909 0.476 108.329 0.571
201912 0.355 108.420 0.425
202003 0.406 108.902 0.484
202006 0.040 108.767 0.048
202009 -0.065 109.815 -0.077
202012 0.661 109.897 0.781
202103 0.334 111.754 0.388
202106 0.148 114.631 0.168
202109 0.344 115.734 0.386
202112 0.186 117.630 0.205
202203 0.121 121.301 0.130
202206 0.364 125.017 0.378
202209 0.423 125.227 0.439
202212 -0.420 125.222 -0.436
202303 -0.471 127.348 -0.480
202306 -0.986 128.729 -0.995
202309 -0.295 129.860 -0.295

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.


Primis Financial  (NAS:FRST) 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.


Primis Financial Cyclically Adjusted Price-to-FCF Related Terms

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


Primis Financial (Primis Financial) Business Description

Industry
Traded in Other Exchanges
Address
6830 Old Dominion Drive, McLean, VA, USA, 22101
Primis Financial Corp is the bank holding company for Primis Bank, providing financial services to individuals and small and medium-sized businesses. Primis Bank offers a wide range of commercial banking services, it focuses on making loans secured majorly by commercial real estate and other types of secured and unsecured commercial loans to small and medium-sized businesses in a number of industries, as well as loans to individuals for a variety of purposes. Primis Bank offers a broad range of deposit products, including checking (NOW), savings, money market accounts and certificates of deposit.
Executives
Rickey Allen Fulk officer: EVP, President 1194 ELSOM MASCOT ROAD, MATTAPONI VA 23110
Charles A Kabbash director 308 EAST MARKET ST., CHARLOTTESVILLE VA 22902
Clinton Tyler Stafford officer: Pres Panacea Financial 4612 CLUB ROAD, LITTLE ROCK AR 72207
Susan B Williamson officer: EVP, Director of Reg Relations 32482 JENKINS MILL ROAD, FRANKLIN VA 23851
William Rand Cook director 4459 CROWN HILL ROAD, MECHANICSVILLE VA 23111
Robert Yates Clagett director 17017 RIVER AIRPORT ROAD, BRANDYWINE MD 20613
Eric Alan Johnson director P O BOX 517, URBANNA VA 23175
Matthew Alan Switzer officer: EVP, CFO 6830 OLD DOMINION DRIVE, MCLEAN VA 22101
Jones Allen R Jr. director 304 MARCELLA ROAD, SUITE E, HAMPTON VA 23666
Garrett F L Iii director 268 CATHCHPENNY LANE, BOWLERS WHARF VA 22560
John Fitzgerald Biagas director 627 36TH STREET, NEWPORT NEWS VA 23607
Ann-stanton C Gore officer: EVP, Chief Marketing Officer 1700 WOODLAKE DRIVE, COLUMBIA SC 29206
Barry P Almond officer: EVP, Head of Retail/Marketing 14319 NICOLAY WAY, MIDLOTHIAN VA 23114
Deborah Diaz director 6830 OLD DOMINION DRIVE, MCLEAN VA 22101
Julia E Fredricks officer: EVP, Chief Risk Officer 11032 SLENDERLEAF DRIVE, GLEN ALLEN VA 23060