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Citizens Financial Services (Citizens Financial Services) Cyclically Adjusted FCF per Share : $6.45 (As of Mar. 2024)


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What is Citizens Financial Services Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Citizens Financial Services's adjusted free cash flow per share for the three months ended in Mar. 2024 was $2.841. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $6.45 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Citizens Financial Services's average Cyclically Adjusted FCF Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 7.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Citizens Financial Services was 16.90% per year. The lowest was 5.40% per year. And the median was 8.20% per year.

As of today (2024-06-07), Citizens Financial Services's current stock price is $44.10. Citizens Financial Services's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $6.45. Citizens Financial Services's Cyclically Adjusted Price-to-FCF of today is 6.84.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Citizens Financial Services was 16.73. The lowest was 6.20. And the median was 12.33.


Citizens Financial Services Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Citizens Financial Services's Cyclically Adjusted FCF per Share 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.

Citizens Financial Services Cyclically Adjusted FCF per Share Chart

Citizens Financial Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.79 4.74 5.51 6.13 6.19

Citizens Financial Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 6.29 6.02 6.06 6.19 6.45

Competitive Comparison of Citizens Financial Services's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Citizens Financial Services'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.


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

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

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



Citizens Financial Services Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Citizens Financial Services'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)
=2.841/131.7762*131.7762
=2.841

Current CPI (Mar. 2024) = 131.7762.

Citizens Financial Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.928 100.560 1.216
201409 1.178 100.428 1.546
201412 1.206 99.070 1.604
201503 0.790 99.621 1.045
201506 0.659 100.684 0.863
201509 0.984 100.392 1.292
201512 1.072 99.792 1.416
201603 0.589 100.470 0.773
201606 0.979 101.688 1.269
201609 1.187 101.861 1.536
201612 1.441 101.863 1.864
201703 1.677 102.862 2.148
201706 0.938 103.349 1.196
201709 0.775 104.136 0.981
201712 0.814 104.011 1.031
201803 1.702 105.290 2.130
201806 0.871 106.317 1.080
201809 1.416 106.507 1.752
201812 1.702 105.998 2.116
201903 1.267 107.251 1.557
201906 1.499 108.070 1.828
201909 1.486 108.329 1.808
201912 1.547 108.420 1.880
202003 1.154 108.902 1.396
202006 -2.648 108.767 -3.208
202009 0.778 109.815 0.934
202012 3.466 109.897 4.156
202103 3.272 111.754 3.858
202106 1.906 114.631 2.191
202109 2.597 115.734 2.957
202112 1.554 117.630 1.741
202203 2.979 121.301 3.236
202206 0.545 125.017 0.574
202209 2.250 125.227 2.368
202212 2.101 125.222 2.211
202303 2.572 127.348 2.661
202306 -2.243 128.729 -2.296
202309 1.499 129.860 1.521
202312 3.379 129.419 3.441
202403 2.841 131.776 2.841

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Citizens Financial Services  (NAS:CZFS) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Citizens Financial Services's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=44.10/6.45
=6.84

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Citizens Financial Services was 16.73. The lowest was 6.20. And the median was 12.33.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Citizens Financial Services Cyclically Adjusted FCF per Share Related Terms

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


Citizens Financial Services (Citizens Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
15 South Main Street, Mansfield, PA, USA, 16933
Citizens Financial Services Inc is a Pennsylvania-chartered bank and trust company. The company through its banking subsidiary provides banking activities and services for individual, business, governmental and institutional customers. Its activities and services principally include checking, savings, and time deposit accounts; residential, commercial and agricultural real estate, commercial and industrial, state and political subdivision and consumer loans; and a variety of other specialized financial services. The Trust and Investment division of the Bank offers a full range of client investment, estate, mineral management and retirement services.
Executives
R Joseph Landy director 741 SOUTH MAIN STREET, ATHENS PA 18810
Stephen J Guillaume officer: SENIOR VICE PRESIDENT POST OFFICE BOX 43, LIBERTY PA 16930
Robert Joseph Marino director 407 33RD STREET S, BRIGANTINE NJ 08203
Richards David Z Jr director, officer: EXECUTIVE VICE PRESIDENT 209 TWIGS LANE, STATE COLLEGE PA 16801
Rinaldo A Depaola director 50 REEL STREET, SAYRE PA 18840
John D Behm other: Subsidiary Director 2114 BLUE STEM DRIVE, NEW HOPE PA 18938-2311
Leeann Gephart officer: EXECUTIVE VICE PRESIDENT 2260 HEIM HILL ROAD, MONTOURSVILLE PA 17754
Painter John P Ii director 571 HOWLAND HILL ROAD, WESTFIELD PA 16950
Thomas E. Freeman director 831 KELLYTOWN ROAD, MANSFIELD PA 16933
Janie M Hilifger director 830 CANADA ROAD, COVINGTON PA 16917
Graham Roger C Jr director 1281 BRAGUE ROAD, CANTON PA 17724
Christopher W Kunes director 3896 PENNS VALLEY ROAD, SPRING MILLS PA 16875
Dwight D Rohrer officer: SENIOR VICE PRESIDENT 2385 JUNCTION ROAD, MANHEIM PA 17545
Marina K Smalanskas officer: SENIOR VICE PRESIDENT 1445 ROCKY WAY, MECHANICSBURG PA 17055
Sean P Mckinney officer: VICE PRESIDENT 11 TOWER LANE, GRANTVILLE PA 17028

Citizens Financial Services (Citizens Financial Services) Headlines