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Home Bancorp (Home Bancorp) Cyclically Adjusted FCF per Share : $5.55 (As of Mar. 2024)


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What is Home Bancorp 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.

Home Bancorp's adjusted free cash flow per share for the three months ended in Mar. 2024 was $1.129. 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 $5.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Home Bancorp's average Cyclically Adjusted FCF Growth Rate was 7.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 16.70% 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 Home Bancorp was 21.20% per year. The lowest was 12.70% per year. And the median was 19.40% per year.

As of today (2024-05-26), Home Bancorp's current stock price is $36.79. Home Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $5.55. Home Bancorp's Cyclically Adjusted Price-to-FCF of today is 6.63.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Home Bancorp was 23.53. The lowest was 5.79. And the median was 9.68.


Home Bancorp Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Home Bancorp'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.

Home Bancorp Cyclically Adjusted FCF per Share Chart

Home Bancorp 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 3.01 3.72 4.35 5.05 5.33

Home Bancorp 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 5.18 5.25 5.28 5.33 5.55

Competitive Comparison of Home Bancorp's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Home Bancorp'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.


Home Bancorp's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Home Bancorp 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, Home Bancorp'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)
=1.129/131.7762*131.7762
=1.129

Current CPI (Mar. 2024) = 131.7762.

Home Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.360 100.560 1.782
201409 1.454 100.428 1.908
201412 0.776 99.070 1.032
201503 0.502 99.621 0.664
201506 0.689 100.684 0.902
201509 2.885 100.392 3.787
201512 0.962 99.792 1.270
201603 -0.004 100.470 -0.005
201606 -0.468 101.688 -0.606
201609 1.356 101.861 1.754
201612 1.405 101.863 1.818
201703 0.883 102.862 1.131
201706 0.880 103.349 1.122
201709 1.059 104.136 1.340
201712 0.306 104.011 0.388
201803 2.048 105.290 2.563
201806 -0.347 106.317 -0.430
201809 1.462 106.507 1.809
201812 1.369 105.998 1.702
201903 1.176 107.251 1.445
201906 1.076 108.070 1.312
201909 0.795 108.329 0.967
201912 1.339 108.420 1.627
202003 0.790 108.902 0.956
202006 0.541 108.767 0.655
202009 0.551 109.815 0.661
202012 3.566 109.897 4.276
202103 1.271 111.754 1.499
202106 2.336 114.631 2.685
202109 1.344 115.734 1.530
202112 1.358 117.630 1.521
202203 0.144 121.301 0.156
202206 2.103 125.017 2.217
202209 2.012 125.227 2.117
202212 1.690 125.222 1.778
202303 1.180 127.348 1.221
202306 0.908 128.729 0.929
202309 1.581 129.860 1.604
202312 1.210 129.419 1.232
202403 1.129 131.776 1.129

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


Home Bancorp  (NAS:HBCP) 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.

Home Bancorp's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=36.79/5.55
=6.63

* 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 Home Bancorp was 23.53. The lowest was 5.79. And the median was 9.68.


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.


Home Bancorp Cyclically Adjusted FCF per Share Related Terms

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


Home Bancorp (Home Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
503 Kaliste Saloom Road, Lafayette, LA, USA, 70508
Home Bancorp Inc is engaged in attracting deposits from the public and using those funds to invest in loans and securities. The principal sources of funds are customer deposits, repayments of loans, repayments of investments and funds borrowed from outside sources such as the Federal Home Loan Bank of Dallas. These funds are primarily used for the origination of loans, including one-to-four-family first mortgage loans, home equity loans, and lines, commercial real estate loans, construction and land loans, multi-family residential loans, commercial and industrial loans, and consumer loans. Its primary expenses are interest expense on deposits and borrowings and general operating expenses.
Executives
David T. Kirkley officer: EVP & Chief Financial Officer 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Chris P Rader director 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Donald W Washington director 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
John Scott Ballard director 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Daniel G Guidry director HOME BANCORP, INC., 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Ann Forte Trappey director 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Michael P. Maraist director HOME BANCORP, INC., 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70598
Jason Freyou officer: EVP/Chief Operations Officer 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Joseph B Zanco officer: Executive Vice President & CFO 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
John W. Bordelon director, officer: President and CEO HOME BANCORP, INC., 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Darren E. Guidry officer: Executive Vice President HOME BANCORP, INC., 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Blanchet Paul J. Iii director HOME BANCORP, INC., 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Kathy J Bobbs director 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Mark M Cole director HOME BANCORP, INC., 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Marc W Judice director HOME BANCORP INC, 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70598