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ChoiceOne Financial Services (ChoiceOne Financial Services) Price-to-Free-Cash-Flow : 4.25 (As of May. 20, 2024)


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What is ChoiceOne Financial Services Price-to-Free-Cash-Flow?

As of today (2024-05-20), ChoiceOne Financial Services's share price is $27.61. ChoiceOne Financial Services's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $6.49. Hence, ChoiceOne Financial Services's Price-to-Free-Cash-Flow Ratio for today is 4.25.

The historical rank and industry rank for ChoiceOne Financial Services's Price-to-Free-Cash-Flow or its related term are showing as below:

COFS' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 1.85   Med: 11.41   Max: 74.23
Current: 4.25

During the past 13 years, ChoiceOne Financial Services's highest Price-to-Free-Cash-Flow Ratio was 74.23. The lowest was 1.85. And the median was 11.41.

COFS's Price-to-Free-Cash-Flow is ranked better than
65.94% of 1010 companies
in the Banks industry
Industry Median: 6.735 vs COFS: 4.25

ChoiceOne Financial Services's Free Cash Flow per Share for the three months ended in Mar. 2024 was $1.97. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $6.49.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of ChoiceOne Financial Services was -1.70% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 85.10% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 38.40% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 11.00% per year.

During the past 13 years, ChoiceOne Financial Services's highest 3-Year average Free Cash Flow per Share Growth Rate was 85.10% per year. The lowest was -30.40% per year. And the median was 8.20% per year.


ChoiceOne Financial Services Price-to-Free-Cash-Flow Historical Data

The historical data trend for ChoiceOne Financial Services's Price-to-Free-Cash-Flow 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.

ChoiceOne Financial Services Price-to-Free-Cash-Flow Chart

ChoiceOne Financial Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.19 35.01 5.84 4.98 5.25

ChoiceOne Financial Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Free-Cash-Flow 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 3.82 3.84 2.22 5.25 4.21

Competitive Comparison of ChoiceOne Financial Services's Price-to-Free-Cash-Flow

For the Banks - Regional subindustry, ChoiceOne Financial Services's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


ChoiceOne Financial Services's Price-to-Free-Cash-Flow Distribution in the Banks Industry

For the Banks industry and Financial Services sector, ChoiceOne Financial Services's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where ChoiceOne Financial Services's Price-to-Free-Cash-Flow falls into.



ChoiceOne Financial Services Price-to-Free-Cash-Flow Calculation

ChoiceOne Financial Services's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=27.61/6.492
=4.25

ChoiceOne Financial Services's Share Price of today is $27.61.
ChoiceOne Financial Services's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.49.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

ChoiceOne Financial Services  (NAS:COFS) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


ChoiceOne Financial Services Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of ChoiceOne Financial Services's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


ChoiceOne Financial Services (ChoiceOne Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
109 East Division Street, Sparta, MI, USA, 49345
ChoiceOne Financial Services Inc is a full-service banking institution. It is engaged in the business of providing personal and business banking solutions, borrowing solutions, and treasury notes and bonds services. The bank's product and services portfolio consist of time, savings and demand deposits, safe deposit services, automated transaction machine services, commercial and consumer loans, commercial lending to business, industry, agricultural, construction, inventory, and real estate categories. Its primary market area is Kent, Muskegon, Newaygo, and Ottawa counties in western Michigan, and Lapeer, Macomb, and St. Clair counties in southeastern Michigan in the communities where the Bank's respective offices are located.
Executives
Greg L. Armock director 109 EAST DIVISION STREET, SPARTA MI 49345
Curt E Coulter director 109 EAST DIVISION STREET, SPARTA MI 49345
Burke Michael J Jr director, officer: President 109 EAST DIVISION STREET, SPARTA MI 49345
Essex Bruce John Jr director 109 EAST DIVISION STREET, SPARTA MI 49345
Gregory A Mcconnell director 109 EAST DIVISION STREET, SPARTA MI 49345
Adom Greenland officer: S.V.P. - ChoiceOne Bank (Sub.) 109 EAST DIVISION STREET, SPARTA MI 49345
Bradley F. Mcginnis director 109 EAST DIVISION STREET, SPARTA MI 49345
Jack Hendon director 109 EAST DIVISION STREET, SPARTA MI 49345
Eric E Burrough director 109 EAST DIVISION STREET, SPARTA MI 49345
Michelle M Wendling director 109 EAST DIVISION STREET, SPARTA MI 49345
David J Churchill director 109 EAST DIVISION STREET, SPARTA MI 49345
Kelly Potes officer: V.P. - ChoiceOne Insur. (Sub.) 109 EAST DIVISION STREET, SPARTA MI 49345
Lee A Braford officer: VP-ChoiceOne Bank (Subsidiary) 109 EAST DIVISION STREET, SPARTA MI 49345
Peter Batistoni officer: S.V.P. - ChoiceOne Bank (Sub.) 109 EAST DIVISION STREET, SPARTA MI 49345
Robert M Jamula officer: S.V.P. - ChoiceOne Bank (Sub) 109 EAST DIVISION STREET, SPARTA MI 49345

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