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Enterprise Bancorp (Enterprise Bancorp) Cyclically Adjusted Price-to-FCF : 7.67 (As of Jun. 03, 2024)


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What is Enterprise Bancorp Cyclically Adjusted Price-to-FCF?

As of today (2024-06-03), Enterprise Bancorp's current share price is $25.25. Enterprise Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.29. Enterprise Bancorp's Cyclically Adjusted Price-to-FCF for today is 7.67.

The historical rank and industry rank for Enterprise Bancorp's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

EBTC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.11   Med: 16.27   Max: 31.3
Current: 7.67

During the past years, Enterprise Bancorp's highest Cyclically Adjusted Price-to-FCF was 31.30. The lowest was 7.11. And the median was 16.27.

EBTC's Cyclically Adjusted Price-to-FCF is ranked worse than
52.36% of 827 companies
in the Banks industry
Industry Median: 7.43 vs EBTC: 7.67

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.

Enterprise Bancorp's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.093. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $3.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Enterprise Bancorp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Enterprise Bancorp'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.

* Premium members only.

Enterprise Bancorp Cyclically Adjusted Price-to-FCF Chart

Enterprise Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.35 11.71 17.02 11.61 10.07

Enterprise 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 Price-to-FCF 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 10.32 9.53 8.89 10.07 7.89

Competitive Comparison of Enterprise Bancorp's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Enterprise 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.


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

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

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



Enterprise Bancorp 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.

Enterprise Bancorp's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=25.25/3.29
=7.67

* 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.

Enterprise Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Enterprise 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)
=0.093/131.7762*131.7762
=0.093

Current CPI (Mar. 2024) = 131.7762.

Enterprise Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.605 100.560 0.793
201409 1.000 100.428 1.312
201412 -0.919 99.070 -1.222
201503 1.023 99.621 1.353
201506 0.588 100.684 0.770
201509 0.440 100.392 0.578
201512 -0.093 99.792 -0.123
201603 -0.007 100.470 -0.009
201606 0.586 101.688 0.759
201609 0.513 101.861 0.664
201612 0.636 101.863 0.823
201703 0.554 102.862 0.710
201706 0.408 103.349 0.520
201709 0.933 104.136 1.181
201712 0.655 104.011 0.830
201803 0.415 105.290 0.519
201806 1.089 106.317 1.350
201809 0.432 106.507 0.534
201812 1.169 105.998 1.453
201903 0.339 107.251 0.417
201906 0.432 108.070 0.527
201909 0.683 108.329 0.831
201912 1.174 108.420 1.427
202003 0.946 108.902 1.145
202006 -0.076 108.767 -0.092
202009 0.900 109.815 1.080
202012 1.053 109.897 1.263
202103 0.332 111.754 0.391
202106 1.580 114.631 1.816
202109 0.756 115.734 0.861
202112 2.142 117.630 2.400
202203 -0.411 121.301 -0.446
202206 1.465 125.017 1.544
202209 0.344 125.227 0.362
202212 2.150 125.222 2.263
202303 0.388 127.348 0.401
202306 0.105 128.729 0.107
202309 2.293 129.860 2.327
202312 1.385 129.419 1.410
202403 0.093 131.776 0.093

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.


Enterprise Bancorp  (NAS:EBTC) 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.


Enterprise Bancorp Cyclically Adjusted Price-to-FCF Related Terms

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


Enterprise Bancorp (Enterprise Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
222 Merrimack Street, Lowell, MA, USA, 01852
Enterprise Bancorp Inc is a holding company. The Company is engaged in the business of gathering deposits from the general public and investing in loans and investment securities. Through the Bank and its subsidiaries, the Company offers a range of commercial, residential and consumer loan products, deposit products and cash management services, as well as wealth management and wealth services.
Executives
Gino J Baroni director 222 MERRIMACK STREET, LOWELL MA 01852
Michael T Putziger director C/O NEW HAMPSHIRE THRIFT BANCSHARES, 9 MAIN STREET, NEWPORT NH 03773
Ken S Ansin director 390 GOODRICH ST, LUNENBURG MA 01462
George L Duncan director, officer: Chief Executive Officer 222 MERRIMACK ST, LOWELL MA 01852
Stephen J Irish officer: EVP - Principal Subsidiary 222 MERRIMACK ST, LOWELL MA 01852
Ryan C Dunn officer: EVP-Principal Subsidiary C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
Mary Jane King director 222 MERRIMACK STREET, LOWELL MA 01852
Luis M Pedroso director 222 MERRIMACK STREET, LOWELL MA 01852
Diane J Silva officer: EVP - Principal Subsidiary 222 MERRIMACK STREET, LOWELL MA 01852
Anita R Worden director C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
John A Koutsos director 222 MERRIMACK STREET, LOWELL MA 01852
Peter Rayno officer: EVP - Principal Subsidiary C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
Joseph R Lussier officer: EVP-Principal Subsidiary C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
Keith N Soucie officer: EVP-Principal Subsidiary C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
Carol L Reid director C/O AVID TECHNOLOGY INC, ONE PARK WEST, TEWKSBURY MA 01876