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Community Bank System (Community Bank System) Cyclically Adjusted Price-to-FCF : 11.27 (As of Apr. 27, 2024)


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What is Community Bank System Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Community Bank System's current share price is $44.64. Community Bank System's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.96. Community Bank System's Cyclically Adjusted Price-to-FCF for today is 11.27.

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

CBU' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.66   Med: 18.79   Max: 27.5
Current: 11.26

During the past years, Community Bank System's highest Cyclically Adjusted Price-to-FCF was 27.50. The lowest was 9.66. And the median was 18.79.

CBU's Cyclically Adjusted Price-to-FCF is ranked worse than
74.76% of 832 companies
in the Banks industry
Industry Median: 7.405 vs CBU: 11.26

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.

Community Bank System's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.748. 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 $3.96 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Community Bank System Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Community Bank System'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.

Community Bank System Cyclically Adjusted Price-to-FCF Chart

Community Bank System 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 22.84 19.67 21.55 16.84 13.14

Community Bank System 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 13.55 12.04 10.56 13.14 -

Competitive Comparison of Community Bank System's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Community Bank System'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.


Community Bank System's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Community Bank System's Cyclically Adjusted Price-to-FCF falls into.



Community Bank System 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.

Community Bank System's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=44.64/3.96
=11.27

* 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.

Community Bank System's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Community Bank System'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)
=0.748/129.4194*129.4194
=0.748

Current CPI (Dec. 2023) = 129.4194.

Community Bank System Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.648 99.695 0.841
201406 0.679 100.560 0.874
201409 0.702 100.428 0.905
201412 0.621 99.070 0.811
201503 0.455 99.621 0.591
201506 0.715 100.684 0.919
201509 0.589 100.392 0.759
201512 0.825 99.792 1.070
201603 0.558 100.470 0.719
201606 0.898 101.688 1.143
201609 0.706 101.861 0.897
201612 0.610 101.863 0.775
201703 0.882 102.862 1.110
201706 0.938 103.349 1.175
201709 0.867 104.136 1.078
201712 0.928 104.011 1.155
201803 1.154 105.290 1.418
201806 0.930 106.317 1.132
201809 0.990 106.507 1.203
201812 0.961 105.998 1.173
201903 0.641 107.251 0.773
201906 1.007 108.070 1.206
201909 0.727 108.329 0.869
201912 1.401 108.420 1.672
202003 0.451 108.902 0.536
202006 1.269 108.767 1.510
202009 0.478 109.815 0.563
202012 0.892 109.897 1.050
202103 1.123 111.754 1.301
202106 0.394 114.631 0.445
202109 1.109 115.734 1.240
202112 0.853 117.630 0.938
202203 0.905 121.301 0.966
202206 0.813 125.017 0.842
202209 0.731 125.227 0.755
202212 1.269 125.222 1.312
202303 1.352 127.348 1.374
202306 0.718 128.729 0.722
202309 1.080 129.860 1.076
202312 0.748 129.419 0.748

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.


Community Bank System  (NYSE:CBU) 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.


Community Bank System Cyclically Adjusted Price-to-FCF Related Terms

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


Community Bank System (Community Bank System) Business Description

Traded in Other Exchanges
Address
5790 Widewaters Parkway, DeWitt, NY, USA, 13214-1883
Community Bank System Inc is a financial holding company. The company primarily operates through two wholly-owned subsidiaries: Community Bank, N.A. and Benefit Plans Administrative Services. Community Bank's business is operating a community bank providing a broad array of banking and financial services. These are offered chiefly to retail, commercial, and municipal customers in non-metropolitan markets, including small towns in upstate New York and Northeastern Pennsylvania. The company has historically relied on acquisitions to fuel growth, in addition to growing organically. A majority of its loan portfolio is tilted toward the consumer market on an installment, line of credit, or residential mortgage loan basis. The majority of the company's net revenue is net interest income.
Executives
Sally A Steele director
Jeffrey M Levy officer: President, Commercial Banking 52 SOUTH BROAD STREET, NORWICH NY 13815
Brian R Ace director
Dimitar Karaivanov officer: EVP Financial Serv & Corp Dev C/O COMMUNITY BANK SYSTEM, INC., 5790 WIDEWATERS PARKWAY, DEWITT NY 13214
Kerrie D. Macpherson director 5790 WIDEWATERS PARKWAY, C/O COMMUNITY BANK SYSTEM INC., DEWITT NY 13214
Mark J. Bolus director R.R. 1, BOX 412A, DALTON PA 18414
John F. Whipple director 1692 GOODRICH AVENUE, OLEAN NY 14760
Michael N Abdo officer: EVP and General Counsel 5790 WIDEWATERS PARKWAY, DEWITT NY 13214
Jeffrey J Knauss director 2438 EAST LAKE ROAD, SKANEATELES NY 13152
George J Getman officer: Executive VP & General Counsel 7856 CAHILL ROAD, MANLIUS NY 13104
Maureen A Gillan-myer officer: EVP, Chief Human Resources Off C/O HSBC NORTH AMERICA, 452 FIFTH AVENUE, NEW YORK NY 10018
John Parente director 478 SCHOOLHOUSE ROAD, TUNKHANNOCK PA 18657
Joseph Jonathon Lemchak officer: SVP, Chief Investment Officer 4482 YOUNG ROAD, SYRACUSE NY 13215
Eric Stickels director 182 MAIN STREET, ONEIDA NY 13421
Susan E Skerritt director 3200 NORTHLINE AVE, SUITE 360, GREENSBORO NC 27408