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Community Financial System (Community Financial System) Cyclically Adjusted FCF per Share : $4.10 (As of Mar. 2024)


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What is Community Financial System 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.

Community Financial System's adjusted free cash flow per share for the three months ended in Mar. 2024 was $1.450. 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 $4.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Community Financial System's average Cyclically Adjusted FCF Growth Rate was 5.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 7.00% 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 Community Financial System was 15.50% per year. The lowest was -3.30% per year. And the median was 7.30% per year.

As of today (2024-06-10), Community Financial System's current stock price is $43.755. Community Financial System's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $4.10. Community Financial System's Cyclically Adjusted Price-to-FCF of today is 10.67.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Community Financial System was 27.50. The lowest was 9.66. And the median was 18.79.


Community Financial System Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Community Financial System'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.

Community Financial System Cyclically Adjusted FCF per Share Chart

Community Financial System 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 3.11 3.17 3.46 3.74 3.96

Community Financial 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 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 3.87 3.89 4.00 3.96 4.10

Competitive Comparison of Community Financial System's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Community Financial 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 Financial System's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Community Financial System 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, Community Financial System'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)
=1.45/131.7762*131.7762
=1.450

Current CPI (Mar. 2024) = 131.7762.

Community Financial System Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.679 100.560 0.890
201409 0.702 100.428 0.921
201412 0.621 99.070 0.826
201503 0.455 99.621 0.602
201506 0.715 100.684 0.936
201509 0.589 100.392 0.773
201512 0.825 99.792 1.089
201603 0.558 100.470 0.732
201606 0.898 101.688 1.164
201609 0.706 101.861 0.913
201612 0.610 101.863 0.789
201703 0.882 102.862 1.130
201706 0.938 103.349 1.196
201709 0.867 104.136 1.097
201712 0.928 104.011 1.176
201803 1.154 105.290 1.444
201806 0.930 106.317 1.153
201809 0.990 106.507 1.225
201812 0.961 105.998 1.195
201903 0.641 107.251 0.788
201906 1.007 108.070 1.228
201909 0.727 108.329 0.884
201912 1.401 108.420 1.703
202003 0.451 108.902 0.546
202006 1.269 108.767 1.537
202009 0.478 109.815 0.574
202012 0.892 109.897 1.070
202103 1.123 111.754 1.324
202106 0.394 114.631 0.453
202109 1.109 115.734 1.263
202112 0.853 117.630 0.956
202203 0.905 121.301 0.983
202206 0.813 125.017 0.857
202209 0.731 125.227 0.769
202212 1.269 125.222 1.335
202303 1.356 127.348 1.403
202306 0.718 128.729 0.735
202309 1.080 129.860 1.096
202312 0.748 129.419 0.762
202403 1.450 131.776 1.450

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


Community Financial System  (NYSE:CBU) 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.

Community Financial System's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=43.755/4.1
=10.67

* 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 Community Financial System was 27.50. The lowest was 9.66. And the median was 18.79.


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.


Community Financial System Cyclically Adjusted FCF per Share Related Terms

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


Community Financial System (Community Financial 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