GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Landmark Bancorp Inc (NAS:LARK) » Definitions » Cyclically Adjusted FCF per Share

Landmark Bancorp (Landmark Bancorp) Cyclically Adjusted FCF per Share : $3.05 (As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Landmark 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.

Landmark Bancorp's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.282. 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 $3.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Landmark Bancorp's average Cyclically Adjusted FCF Growth Rate was 14.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 12.00% 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 Landmark Bancorp was 87.80% per year. The lowest was -43.10% per year. And the median was 9.00% per year.

As of today (2024-05-21), Landmark Bancorp's current stock price is $19.23. Landmark Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.05. Landmark Bancorp's Cyclically Adjusted Price-to-FCF of today is 6.30.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Landmark Bancorp was 17.93. The lowest was 5.27. And the median was 10.74.


Landmark Bancorp Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Landmark 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.

Landmark Bancorp Cyclically Adjusted FCF per Share Chart

Landmark 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 1.92 2.26 2.66 2.97 2.97

Landmark 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 2.67 2.97 3.02 2.97 3.05

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

For the Banks - Regional subindustry, Landmark 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.


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

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

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



Landmark 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, Landmark 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)
=0.282/131.7762*131.7762
=0.282

Current CPI (Mar. 2024) = 131.7762.

Landmark Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.366 100.560 -0.480
201409 0.943 100.428 1.237
201412 0.771 99.070 1.026
201503 -0.325 99.621 -0.430
201506 -0.465 100.684 -0.609
201509 2.513 100.392 3.299
201512 -0.640 99.792 -0.845
201603 0.162 100.470 0.212
201606 1.096 101.688 1.420
201609 1.420 101.861 1.837
201612 0.682 101.863 0.882
201703 -0.091 102.862 -0.117
201706 0.141 103.349 0.180
201709 -0.599 104.136 -0.758
201712 0.832 104.011 1.054
201803 0.476 105.290 0.596
201806 -0.055 106.317 -0.068
201809 1.352 106.507 1.673
201812 1.793 105.998 2.229
201903 -0.227 107.251 -0.279
201906 -0.837 108.070 -1.021
201909 0.702 108.329 0.854
201912 1.803 108.420 2.191
202003 0.827 108.902 1.001
202006 -1.332 108.767 -1.614
202009 1.612 109.815 1.934
202012 1.508 109.897 1.808
202103 1.240 111.754 1.462
202106 1.362 114.631 1.566
202109 1.994 115.734 2.270
202112 0.808 117.630 0.905
202203 0.397 121.301 0.431
202206 0.525 125.017 0.553
202209 1.590 125.227 1.673
202212 1.835 125.222 1.931
202303 0.589 127.348 0.609
202306 0.309 128.729 0.316
202309 1.082 129.860 1.098
202312 0.138 129.419 0.141
202403 0.282 131.776 0.282

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


Landmark Bancorp  (NAS:LARK) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=19.23/3.05
=6.30

* 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 Landmark Bancorp was 17.93. The lowest was 5.27. And the median was 10.74.


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.


Landmark Bancorp Cyclically Adjusted FCF per Share Related Terms

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


Landmark Bancorp (Landmark Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
701 Poyntz Avenue, Manhattan, KS, USA, 66502
Landmark Bancorp Inc is the bank holding company for Landmark National Bank, which is dedicated to providing quality financial and banking services. The bank is principally engaged in the business of attracting deposits from the general public and using such deposits, together with borrowings and other funds, to originate one-to-four-family residential real estate, construction and land, commercial real estate, commercial, agriculture, municipal and consumer loans. In addition, it also invests in certain investment and mortgage-related securities using deposits and other borrowings as funding sources. Its primary deposit gathering and lending markets are geographically diversified with locations in central, eastern, southeast, and southwest Kansas.
Executives
Richard Ball director 2006 BROADWAY, SUITE D, GREAT BEND KS 67530
Mark A Herpich officer: Chief Financial Officer 701 POYNTZ AVENUE, MANHATTAN KS 66052
Michael E Scheopner officer: Executive Vice President 6701 SW HAMPTONSHIRE LANE, TOPEKA KS 66614-4464
Jim Lewis director 800 POYNTZ AVE, MANHATTAN KS 66502
Angela S. Hurt director 701 POYNTZ AVENUE, MANHATTAN KS 66502
Angelia K. Stanland director 701 POYNTZ AVENUE, MANHATTAN KS 66502
Sandra J Moll director P.O. BOX 402, PAOLA KS 66071
Wayne R Sloan director 1044 BRIANNA CT, MANHATTAN KS 66503
Patrick L Alexander director, officer: President & CEO 2004 E. 175TH RD, LECOMPTON KS 66050
Mark J Oliphant officer: Market President 800 POYNTZ AVE, MANHATTAN KS 66502
Sarah Hill-nelson director 1311 WEST 8TH STREET, LAWRENCE KS 66044
Bradly L. Chindamo officer: Market President 902 APRIL RAIN RD, LAWRENCE KS 66049
Larry R Heyka officer: Market President 701 POYNTZ AVENUE, MANHATTAN KS 66502
Dean R Thibault officer: Market President 800 POYNTZ AVENUE, MANHATTAN KS 66052
C Duane Ross director 800 POYNTZ AVE, MANHATTAN KS 66502