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Hills Bancorp (Hills Bancorp) Cyclically Adjusted FCF per Share : $4.97 (As of Dec. 2023)


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What is Hills Bancorp Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Hills Bancorp's adjusted free cash flow per share for the three months ended in Dec. 2023 was $1.272. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $4.97 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Hills Bancorp's average Cyclically Adjusted FCF Growth Rate was -1.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Hills Bancorp was 11.90% per year. The lowest was 1.40% per year. And the median was 7.70% per year.

As of today (2024-04-27), Hills Bancorp's current stock price is $66.25. Hills Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.97. Hills Bancorp's Cyclically Adjusted Price-to-FCF of today is 13.33.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hills Bancorp was 49.15. The lowest was 11.84. And the median was 15.28.


Hills Bancorp Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hills Bancorp's Cyclically Adjusted FCF per Share 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.

Hills Bancorp Cyclically Adjusted FCF per Share Chart

Hills Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.91 3.55 4.48 5.06 4.97

Hills Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 5.06 4.84 5.13 4.92 4.97

Competitive Comparison of Hills Bancorp's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Hills 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.


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

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

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



Hills Bancorp Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Hills Bancorp's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.272/129.4194*129.4194
=1.272

Current CPI (Dec. 2023) = 129.4194.

Hills Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.359 99.695 1.764
201406 -0.043 100.560 -0.055
201409 1.505 100.428 1.939
201412 0.517 99.070 0.675
201503 0.374 99.621 0.486
201506 0.724 100.684 0.931
201509 0.943 100.392 1.216
201512 0.642 99.792 0.833
201603 0.973 100.470 1.253
201606 0.214 101.688 0.272
201609 0.638 101.861 0.811
201612 0.519 101.863 0.659
201703 1.986 102.862 2.499
201706 0.139 103.349 0.174
201709 0.851 104.136 1.058
201712 1.636 104.011 2.036
201803 0.875 105.290 1.076
201806 0.877 106.317 1.068
201809 1.393 106.507 1.693
201812 1.719 105.998 2.099
201903 0.533 107.251 0.643
201906 0.426 108.070 0.510
201909 -0.133 108.329 -0.159
201912 3.039 108.420 3.628
202003 0.401 108.902 0.477
202006 -1.564 108.767 -1.861
202009 2.843 109.815 3.351
202012 -1.010 109.897 -1.189
202103 4.342 111.754 5.028
202106 1.901 114.631 2.146
202109 2.108 115.734 2.357
202112 0.623 117.630 0.685
202203 1.569 121.301 1.674
202206 1.821 125.017 1.885
202209 1.175 125.227 1.214
202212 1.319 125.222 1.363
202303 1.598 127.348 1.624
202306 0.790 128.729 0.794
202309 1.767 129.860 1.761
202312 1.272 129.419 1.272

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Hills Bancorp  (OTCPK:HBIA) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Hills Bancorp's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=66.25/4.97
=13.33

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hills Bancorp was 49.15. The lowest was 11.84. And the median was 15.28.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Hills Bancorp Cyclically Adjusted FCF per Share Related Terms

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


Hills Bancorp (Hills Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
131 E. Main Street, PO Box 160, Hills, IA, USA, 52235
Hills Bancorp is a holding company engaged in the business of commercial banking serving individuals, businesses, governmental units and institutional customers in the United States. It offers services including acceptance of demand, savings and time deposits, providing commercial, real estate, agricultural and consumer loans, maintaining night and safe deposit facilities, and performing collection, exchange, and other banking services. Also, it administers estates, personal trusts, and pension plans and provides farm management, investment advisory and custodial services for individuals, corporations, and nonprofit organizations. The company also provides mortgage loans and commercial and financial loans. Most of the company's revenue comes from interest income.
Executives
Anthony V Roetlin officer: SVP Chief Financial Officer 131 E. MAIN ST. PO BOX 160, HILLS IA 52235
Joseph Andrew Schueller officer: SVP, CFO, Treasurer 131 E. MAIN ST., HILLS IA 52235
Lisa A Shileny officer: Sr VP, Dr of Administration 131 E MAIN ST, P.O. BOX 160, HILLS IA 52235
Shari J Demaris officer: Treasurer 1560 MCKINLEY PL, IOWA CITY IA 52246
Steven R Ropp officer: SR VP, Director Comm'l Banking 131 MAIN STREET, PO BOX 160, HILLS IA 52235
James C Schmitt director 131 E MAIN STREET, PO BOX 160, HILLS IA 52235
Thomas R Wiele director 1306 217TH ST., NICHOLS IA 52766
Michael S Donovan director 131 MAIN STREET, HILLS IA 52235
John W Phelan director 131 MAIN STREET, HILLS IA 52235
Casey L Peck director 131 E MAIN STREET, PO BOX 160, HILLS IA 52235
Kirsten H Frey director 131 E MAIN STREET, PO BOX 160, HILLS IA 52235
Bradford C Zuber officer: SRVP, Director Trust Services 131 MAIN STREET, PO BOX 160, HILLS IA 52235
Michael Hodge director 15 LINDOER VALLEY CIRCLE, IOWA CITY IA 52240
Theodore H Pacha director PO BOX 1405, IOWA CITY IA 52240
James A Nowak director 131 MAIN STREET, HILLS IA 52235

Hills Bancorp (Hills Bancorp) Headlines

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