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HarborOne Bancorp (HarborOne Bancorp) Cyclically Adjusted Price-to-FCF : 11.80 (As of Jun. 06, 2024)


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

As of today (2024-06-06), HarborOne Bancorp's current share price is $10.15. HarborOne Bancorp's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $0.86. HarborOne Bancorp's Cyclically Adjusted Price-to-FCF for today is 11.80.

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

HONE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.64   Med: 12.17   Max: 13.99
Current: 11.64

During the past 10 years, HarborOne Bancorp's highest Cyclically Adjusted Price-to-FCF was 13.99. The lowest was 11.64. And the median was 12.17.

HONE's Cyclically Adjusted Price-to-FCF is ranked worse than
76.76% of 826 companies
in the Banks industry
Industry Median: 7.3 vs HONE: 11.64

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.

HarborOne Bancorp's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $1.129. 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 $0.86 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


HarborOne Bancorp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for HarborOne 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.

HarborOne Bancorp Cyclically Adjusted Price-to-FCF Chart

HarborOne 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 - - - - 13.86

HarborOne 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 - - - 13.86 -

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

For the Banks - Regional subindustry, HarborOne 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.


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

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

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



HarborOne 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.15/0.86
=11.80

* 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.

HarborOne Bancorp's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, HarborOne Bancorp's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.129/129.4194*129.4194
=1.129

Current CPI (Dec23) = 129.4194.

HarborOne Bancorp Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.302 99.070 0.395
201512 0.483 99.792 0.626
201612 -0.112 101.863 -0.142
201712 0.726 104.011 0.903
201812 0.981 105.998 1.198
201912 -0.728 108.420 -0.869
202012 -0.602 109.897 -0.709
202112 4.228 117.630 4.652
202212 1.414 125.222 1.461
202312 1.129 129.419 1.129

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.


HarborOne Bancorp  (NAS:HONE) 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.


HarborOne Bancorp Cyclically Adjusted Price-to-FCF Related Terms

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


HarborOne Bancorp (HarborOne Bancorp) Business Description

Industry
Traded in Other Exchanges
Address
770 Oak Street, Brockton, MA, USA, 02301
HarborOne Bancorp Inc is a bank holding company. The company is engaged in providing financial services like accepting deposits, lending loans, online and mobile banking, cash management, credit cards, money market accounts, and wealth management. The Company has two reportable segments: HarborOne Bank and HarborOne Mortgage. The bank provides financial services to individuals and businesses online and through its 24 full-service branches located in Massachusetts and Rhode Island, one limited-service branch, and a commercial lending office in each of Boston, Massachusetts and Providence, Rhode Island.
Executives
Joseph F Casey officer: President & COO C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
Michael James Sullivan director, officer: Chairman of the Board C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
Linda Simmons officer: Senior V.P., CFO 6 VALLEY DRIVE, SOUTH DARTMOUTH MA 02748
Brent W. Grable officer: SVP, CHIEF INFORMATION OFFICER HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
Susan Bugnacki Stewart officer: CHIEF HUMAN RESOURCES OFFICER C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
Gordon Jezard director C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
Joseph E. Mcquade officer: Chief Enterprise Risk Officer C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCTON MA 02301
Anne H. Margulies director C/O HENRY SCHEIN, INC., 135 DURYEA ROAD, MELVILLE NY 11747
James W. Blake director, officer: CEO & Secretary C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
David E. Tryder officer: Senior V. P. - CMO C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
Barry R. Koretz director C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
Andreana Santangelo director C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
Kevin M. Hamel officer: Chief Information Officer C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
Inez Friedman-boyce officer: General Counsel C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
Mark T Langone officer: SVP-Chief Enterprise Risk Off

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