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Cardinal Financial (Cardinal Financial) Cyclically Adjusted Price-to-FCF : (As of May. 06, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Cardinal Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cardinal 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.

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Cardinal Financial Cyclically Adjusted Price-to-FCF Chart

Cardinal Financial Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted Price-to-FCF
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Cardinal Financial Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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Competitive Comparison of Cardinal Financial's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Cardinal 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.


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

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

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



Cardinal 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.

Cardinal Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2016 is calculated as:

For example, Cardinal Financial's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2016 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2016 (Change)*Current CPI (Dec. 2016)
=4.052/101.8627*101.8627
=4.052

Current CPI (Dec. 2016) = 101.8627.

Cardinal Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200703 1.049 86.640 1.233
200706 -1.549 87.906 -1.795
200709 9.618 87.964 11.138
200712 -2.029 88.616 -2.332
200803 0.946 90.090 1.070
200806 -0.178 92.320 -0.196
200809 1.052 92.307 1.161
200812 -0.606 88.697 -0.696
200903 -2.111 89.744 -2.396
200906 -0.680 91.003 -0.761
200909 2.820 91.120 3.152
200912 -1.228 91.111 -1.373
201003 1.385 91.821 1.536
201006 -4.318 91.962 -4.783
201009 -1.584 92.162 -1.751
201012 4.774 92.474 5.259
201103 1.299 94.283 1.403
201106 -2.499 95.235 -2.673
201109 -9.553 95.727 -10.165
201112 0.933 95.213 0.998
201203 1.246 96.783 1.311
201206 -0.268 96.819 -0.282
201209 -8.570 97.633 -8.941
201212 0.646 96.871 0.679
201303 8.382 98.209 8.694
201306 -2.825 98.518 -2.921
201309 10.066 98.790 10.379
201312 -1.419 98.326 -1.470
201403 2.987 99.695 3.052
201406 -2.205 100.560 -2.234
201409 1.808 100.428 1.834
201412 0.317 99.070 0.326
201503 0.311 99.621 0.318
201506 -3.964 100.684 -4.010
201509 2.809 100.392 2.850
201512 0.185 99.792 0.189
201603 0.889 100.470 0.901
201606 -2.556 101.688 -2.560
201609 1.763 101.861 1.763
201612 4.052 101.863 4.052

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.


Cardinal Financial  (NAS:CFNL) 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.


Cardinal Financial Cyclically Adjusted Price-to-FCF Related Terms

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


Cardinal Financial (Cardinal Financial) Business Description

Traded in Other Exchanges
N/A
Address
Cardinal Financial Corporation was incorporated under the laws of Virginia as a financial holding Company on June, 25, 2003. The Company's activities consist of investments in its wholly-owned subsidiaries. The main operating subsidiary of the company is Cardinal Bank. Cardinal Bank offers a range of traditional bank loan and deposit products and services to both its commercial and retail customers. The Company's commercial relationship managers attract small and medium sized businesses as well as government contractors, commercial real estate developers and builders and professionals, such as physicians, accountants and attorneys. The Company operates in three business segments, commercial banking, mortgage banking and wealth management and trust services. The commercial banking segment includes both commercial and consumer lending and provides customers such products as commercial loans, real estate loans, and other business financing and consumer loans. In addition, this segment provides customers with several choices of deposit products, including demand deposit accounts, savings accounts and certificates of deposit. The mortgage banking segment engages mainly in the origination and acquisition of residential mortgages for sale into the secondary market on a efforts basis. The wealth management and trust services segment provides investment and financial advisory services to businesses and individuals, including financial planning, retirement/estate planning, trust, estates, custody, investment management, escrows, and retirement plans. The Company competes as a financial intermediary with other commercial banks, savings and loan associations, savings banks, credit unions, mortgage banking firms, consumer finance companies, securities brokerage firms, insurance companies, mutual fund groups and other types of financial institutions. The Bank is subject to regulation, supervision and examination by the Bureau of Financial Institutions of the Virginia State Corporation Commission. The Bank and its also are subject to regulation, supervision and examination by the Federal Deposit Insurance Corporation.
Executives
Mark A Wendel officer: EVP/Chief Financial Officer C/O FIRST COMMUNITY BANCSHARES, P.O. BOX 989, BLUEFIELD VA 24605-0989
Bernard H Clineburg director, officer: Executive Chairman CARDINAL FINANCIAL CORP, 8270 GREENSBORO DRIVE STE 500, MCLEAN VA 22102
Barbara B Lang director 8270 GREENSBORO DRIVE, SUITE 500, MCLEAN VA 22102
Steven M Wiltse director 11325 RANDOM HILLS RD, STE 240, FAIRFAX VA 22030
Alan G Merten director 11020 POPES HEAD ROAD, FAIRFAX VA 22030
Kendal E Carson officer: President 514 MARKET STREET, PARKERSBURG WV 26101
Cynthia A Cole officer: EVP/Marketing Director 8270 GREENSBORO DRIVE, SUITE 500, MCLEAN VA 22102

Cardinal Financial (Cardinal Financial) Headlines