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Hancock Whitney (Hancock Whitney) Cyclically Adjusted FCF per Share : $5.81 (As of Mar. 2024)


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What is Hancock Whitney 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.

Hancock Whitney's adjusted free cash flow per share for the three months ended in Mar. 2024 was $1.896. 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 $5.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hancock Whitney's average Cyclically Adjusted FCF Growth Rate was 3.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 8.30% 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 Hancock Whitney was 13.70% per year. The lowest was -2.50% per year. And the median was 6.10% per year.

As of today (2024-06-08), Hancock Whitney's current stock price is $46.49. Hancock Whitney's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $5.81. Hancock Whitney's Cyclically Adjusted Price-to-FCF of today is 8.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hancock Whitney was 14.65. The lowest was 3.40. And the median was 10.01.


Hancock Whitney Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hancock Whitney'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.

Hancock Whitney Cyclically Adjusted FCF per Share Chart

Hancock Whitney 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 4.56 4.44 4.96 5.63 5.67

Hancock Whitney 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 5.63 5.62 5.67 5.67 5.81

Competitive Comparison of Hancock Whitney's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Hancock Whitney'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.


Hancock Whitney's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Hancock Whitney 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, Hancock Whitney'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)
=1.896/131.7762*131.7762
=1.896

Current CPI (Mar. 2024) = 131.7762.

Hancock Whitney Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.927 100.560 1.215
201409 1.221 100.428 1.602
201412 0.720 99.070 0.958
201503 0.712 99.621 0.942
201506 0.770 100.684 1.008
201509 1.107 100.392 1.453
201512 0.112 99.792 0.148
201603 1.176 100.470 1.542
201606 1.067 101.688 1.383
201609 1.082 101.861 1.400
201612 0.843 101.863 1.091
201703 1.052 102.862 1.348
201706 0.955 103.349 1.218
201709 3.753 104.136 4.749
201712 -1.150 104.011 -1.457
201803 1.131 105.290 1.416
201806 1.234 106.317 1.530
201809 1.116 106.507 1.381
201812 1.179 105.998 1.466
201903 0.012 107.251 0.015
201906 1.224 108.070 1.493
201909 0.306 108.329 0.372
201912 1.999 108.420 2.430
202003 0.024 108.902 0.029
202006 0.524 108.767 0.635
202009 1.724 109.815 2.069
202012 1.403 109.897 1.682
202103 2.889 111.754 3.407
202106 1.255 114.631 1.443
202109 1.822 115.734 2.075
202112 0.501 117.630 0.561
202203 3.096 121.301 3.363
202206 2.310 125.017 2.435
202209 2.140 125.227 2.252
202212 1.857 125.222 1.954
202303 0.932 127.348 0.964
202306 1.343 128.729 1.375
202309 2.099 129.860 2.130
202312 1.067 129.419 1.086
202403 1.896 131.776 1.896

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


Hancock Whitney  (NAS:HWC) 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.

Hancock Whitney's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=46.49/5.81
=8.00

* 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 Hancock Whitney was 14.65. The lowest was 3.40. And the median was 10.01.


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.


Hancock Whitney Cyclically Adjusted FCF per Share Related Terms

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


Hancock Whitney (Hancock Whitney) Business Description

Industry
Traded in Other Exchanges
Address
2510 14th Street, Hancock Whitney Plaza, Gulfport, MS, USA, 39501
Hancock Whitney Corp operates bank offices and financial centers. The company offers financial products and services, including traditional and online banking; commercial and small business banking; private banking; trust and investment services; healthcare banking; certain insurance services; and mortgage services. The company also operates a loan production office in Nashville, Tennessee.
Executives
Joseh S Exnicios officer: President - Whitney Bank 228 ST CHARLES AVE, NEW ORLEANS LA 70130
Carleton Richard Wilkins director P.O. BOX 4019, GULFPORT MS 39502
John M Hairston officer: Chief Operations Officer P O BOX 4019, GULFPORT MS 39502
Knight Cecil W. Jr officer: Chief Banking Officer P.O. BOX 4019, GULFPORT MS 35902
Michael M Achary officer: Sr. VP & Corp. Treasurer P.O. BOX 4019, GULFPORT MS 39502
Lane Harry Merritt Iii director 835 UNION STREET, NEW ORLEANS LA 70112
Joan Cahill Teofilo director P.O. BOX 4019, GULFPORT MS 39502
Sonia Perez director 127 FLYNT ROAD, LAUREL MS 39443
Christine L Smilek director P O BOX 4019, GULFPORT MS 39502
Christopher S Ziluca officer: Chief Credit Officer PO BOX 4019, GULFPORT MS 39502
Suzette K Kent director P.O. BOX 4019, GULFPORT MS 39502
James H Horne director P O BOX 4019, GULFPORT MS 39502
Dean Liollio director 333 CLAY STREET, STE 1500, HOUSTON TX 77002
Michael Otero officer: Chief Risk Officer PO BOX 4019, GULFPORT MS 39502
Ruena H Wetzel officer: Chief HR Officer PO BOX 4019, GULFPORT MS 39502