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Lakeland Bancorp (FRA:LKL) Cyclically Adjusted Price-to-FCF : 7.92 (As of May. 26, 2024)


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

As of today (2024-05-26), Lakeland Bancorp's current share price is €12.20. Lakeland Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.54. Lakeland Bancorp's Cyclically Adjusted Price-to-FCF for today is 7.92.

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

FRA:LKL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.33   Med: 9.52   Max: 15.48
Current: 7.79

During the past years, Lakeland Bancorp's highest Cyclically Adjusted Price-to-FCF was 15.48. The lowest was 6.33. And the median was 9.52.

FRA:LKL's Cyclically Adjusted Price-to-FCF is ranked worse than
52.7% of 833 companies
in the Banks industry
Industry Median: 7.38 vs FRA:LKL: 7.79

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.

Lakeland Bancorp's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.335. 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 €1.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lakeland Bancorp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lakeland 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.

Lakeland Bancorp Cyclically Adjusted Price-to-FCF Chart

Lakeland 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 11.37 8.68 12.32 10.68 8.74

Lakeland 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 9.29 7.96 7.45 8.74 7.02

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

For the Banks - Regional subindustry, Lakeland 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.


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

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

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



Lakeland 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.20/1.54
=7.92

* 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.

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

For example, Lakeland 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)
=0.335/131.7762*131.7762
=0.335

Current CPI (Mar. 2024) = 131.7762.

Lakeland Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.180 100.560 0.236
201409 0.262 100.428 0.344
201412 0.231 99.070 0.307
201503 0.187 99.621 0.247
201506 0.150 100.684 0.196
201509 0.331 100.392 0.434
201512 0.187 99.792 0.247
201603 0.142 100.470 0.186
201606 0.065 101.688 0.084
201609 0.502 101.861 0.649
201612 0.239 101.863 0.309
201703 0.371 102.862 0.475
201706 0.239 103.349 0.305
201709 0.235 104.136 0.297
201712 0.325 104.011 0.412
201803 0.315 105.290 0.394
201806 0.405 106.317 0.502
201809 0.383 106.507 0.474
201812 0.210 105.998 0.261
201903 0.324 107.251 0.398
201906 0.330 108.070 0.402
201909 0.354 108.329 0.431
201912 0.427 108.420 0.519
202003 0.407 108.902 0.492
202006 0.555 108.767 0.672
202009 0.036 109.815 0.043
202012 0.340 109.897 0.408
202103 0.468 111.754 0.552
202106 0.248 114.631 0.285
202109 0.392 115.734 0.446
202112 0.404 117.630 0.453
202203 0.401 121.301 0.436
202206 0.528 125.017 0.557
202209 0.471 125.227 0.496
202212 0.336 125.222 0.354
202303 0.498 127.348 0.515
202306 0.365 128.729 0.374
202309 0.367 129.860 0.372
202312 0.344 129.419 0.350
202403 0.335 131.776 0.335

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.


Lakeland Bancorp  (FRA:LKL) 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.


Lakeland Bancorp Cyclically Adjusted Price-to-FCF Related Terms

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


Lakeland Bancorp (FRA:LKL) Business Description

Industry
Traded in Other Exchanges
Address
250 Oak Ridge Road, Oak Ridge, NJ, USA, 07438
Lakeland Bancorp Inc is a bank holding company. It offers retail banking, business banking, and investment programs. The company's services are lending, depository, short and medium term loans, line and letters of credit, inventory and accounts receivable financing, construction and mortgage loans, merchant credit card services, checking account, savings accounts, now accounts, money market accounts, certificate of deposits, safe deposit, consumer installment loans and also wire transfer, internet and mobile banking, night depository services and investment and advisory services. The company operates through offices located in New Jersey and New York. Its primary source of revenue is interest income generated from loans, leases and investment securities.

Lakeland Bancorp (FRA:LKL) Headlines

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