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Hingham Institution forvings (Hingham Institution forvings) Cyclically Adjusted Price-to-FCF : 9.39 (As of May. 26, 2024)


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What is Hingham Institution forvings Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Hingham Institution forvings's current share price is $171.26. Hingham Institution forvings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $18.23. Hingham Institution forvings's Cyclically Adjusted Price-to-FCF for today is 9.39.

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

HIFS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.66   Med: 19.26   Max: 29.67
Current: 9.39

During the past years, Hingham Institution forvings's highest Cyclically Adjusted Price-to-FCF was 29.67. The lowest was 8.66. And the median was 19.26.

HIFS's Cyclically Adjusted Price-to-FCF is ranked worse than
64.11% of 833 companies
in the Banks industry
Industry Median: 7.38 vs HIFS: 9.39

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.

Hingham Institution forvings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $1.698. 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 $18.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hingham Institution forvings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hingham Institution forvings'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.

Hingham Institution forvings Cyclically Adjusted Price-to-FCF Chart

Hingham Institution forvings 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 20.75 18.46 29.17 16.05 -

Hingham Institution forvings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 16.05 13.43 12.11 - 9.57

Competitive Comparison of Hingham Institution forvings's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Hingham Institution forvings'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.


Hingham Institution forvings's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Hingham Institution forvings's Cyclically Adjusted Price-to-FCF falls into.



Hingham Institution forvings 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.

Hingham Institution forvings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=171.26/18.23
=9.39

* 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.

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

For example, Hingham Institution forvings'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)
=1.698/131.7762*131.7762
=1.698

Current CPI (Mar. 2024) = 131.7762.

Hingham Institution forvings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 3.589 99.695 4.744
201406 -0.062 100.560 -0.081
201409 2.455 100.428 3.221
201412 2.466 99.070 3.280
201503 3.134 99.621 4.146
201506 1.161 100.684 1.520
201509 1.973 100.392 2.590
201512 2.860 99.792 3.777
201603 3.730 100.470 4.892
201606 1.364 101.688 1.768
201609 3.081 101.861 3.986
201612 3.457 101.863 4.472
201703 4.074 102.862 5.219
201706 1.566 103.349 1.997
201709 3.277 104.136 4.147
201712 3.545 104.011 4.491
201803 4.582 105.290 5.735
201806 2.453 106.317 3.040
201809 4.422 106.507 5.471
201812 4.430 105.998 5.507
201903 4.140 107.251 5.087
201906 2.482 108.070 3.026
201909 4.876 108.329 5.931
201912 3.694 108.420 4.490
202003 4.212 108.902 5.097
202006 6.401 108.767 7.755
202009 3.499 109.815 4.199
202012 6.074 109.897 7.283
202103 6.279 111.754 7.404
202106 5.432 114.631 6.244
202109 6.965 115.734 7.930
202112 7.403 117.630 8.293
202203 8.385 121.301 9.109
202206 4.803 125.017 5.063
202209 6.740 125.227 7.093
202212 4.281 125.222 4.505
202303 1.809 127.348 1.872
202306 1.695 128.729 1.735
202312 0.000 129.419 0.000
202403 1.698 131.776 1.698

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.


Hingham Institution forvings  (NAS:HIFS) 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.


Hingham Institution forvings Cyclically Adjusted Price-to-FCF Related Terms

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


Hingham Institution forvings (Hingham Institution forvings) Business Description

Traded in Other Exchanges
Address
55 Main Street, Hingham, MA, USA, 02043
Hingham Institution for Savings is a savings bank based in Hingham, Massachusetts and is involved in the business of residential and commercial real estate mortgage lending and also financial and banking services. The bank's financial services include personal checking accounts, personal mortgages, home equity lines of credit, money market accounts, savings accounts, certificates of deposit and business checking accounts. Its lending portfolio mainly encompasses commercial real estate, residential owner occupied real estate and loans for construction of residential real estate.

Hingham Institution forvings (Hingham Institution forvings) Headlines