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ICC Holdings (ICC Holdings) Cyclically Adjusted FCF per Share : $1.68 (As of Mar. 2024)


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What is ICC Holdings 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.

ICC Holdings's adjusted free cash flow per share data for the fiscal year that ended in Dec. 2023 was $2.664. 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 $1.68 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-06-10), ICC Holdings's current stock price is $ 16.00. ICC Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec. 2023 was $1.68. ICC Holdings's Cyclically Adjusted Price-to-FCF of today is 9.52.

During the past 10 years, the highest Cyclically Adjusted Price-to-FCF of ICC Holdings was 9.52. The lowest was 8.80. And the median was 9.16.


ICC Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ICC Holdings'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.

ICC Holdings Cyclically Adjusted FCF per Share Chart

ICC Holdings 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 - - - - 1.68

ICC Holdings 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 - - - 1.68 -

Competitive Comparison of ICC Holdings's Cyclically Adjusted FCF per Share

For the Insurance - Specialty subindustry, ICC Holdings'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.


ICC Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, ICC Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



ICC Holdings 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, ICC Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.664/129.4194*129.4194
=2.664

Current CPI (Dec. 2023) = 129.4194.

ICC Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 1.901 99.070 2.483
201512 1.457 99.792 1.890
201612 1.067 101.863 1.356
201712 0.064 104.011 0.080
201812 1.690 105.998 2.063
201912 0.693 108.420 0.827
202012 0.403 109.897 0.475
202112 1.409 117.630 1.550
202212 3.313 125.222 3.424
202312 2.664 129.419 2.664

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


ICC Holdings  (NAS:ICCH) 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.

ICC Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=16.00/1.68
=9.52

* 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 10 years, the highest Cyclically Adjusted Price-to-FCF of ICC Holdings was 9.52. The lowest was 8.80. And the median was 9.16.


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.


ICC Holdings Cyclically Adjusted FCF per Share Related Terms

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


ICC Holdings (ICC Holdings) Business Description

Industry
Traded in Other Exchanges
N/A
Address
225 20th Street, Rock Island, IL, USA, 61201
ICC Holdings Inc is a specialty insurance carrier primarily underwriting commercial multi-peril, liquor liability, worker's compensation, and umbrella liability coverages for the food and beverage industry. The company markets its products through a network of independent agents in Colorado, Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri, Pennsylvania, Ohio, and Wisconsin.
Executives
Arron K. Sutherland officer: President and CEO 225 20TH STREET, ROCK ISLAND IL 61201
Michael R. Smith officer: Chief Financial Officer 225 20TH STREET, ROCK ISLAND IL 61201
Rock Island Investors, Llc 10 percent owner 1230 PEACHTREE STREET NE, SUITE 3500, ATLANTA GA 30309
John R. Klockau director, Board of Directors 225 20TH STREET, ROCK ISLAND IL 61201
Norman D. Schmeichel officer: VP Chief Information Officer 225 20TH STREET, ROCK ISLAND IL 61201
Employee Stock Ownership Trust Icc Holdings, Inc. 10 percent owner 225 20TH STREET, ROCK ISLAND IL 61201
Julia B. Suiter officer: Chief Legal Officer 225 20TH STREET, ROCK ISLAND IL 61201
Howard J. Beck officer: Chief Underwriting Officer 225 20TH STREET, ROCK ISLAND IL 61201
Rickey Plunkett officer: Director of Claims 225 20TH STREET, ROCK ISLAND IL 61201
Richard Kevin Clinton director 225 20TH STREET, ROCK ISLAND IL 61201
Marilyn J. Clinton 10 percent owner 225 20TH STREET, ROCK ISLAND IL 61201
Joel K Heriford director, Board of Directors 702 E. OSBORN RD., SUITE 200, PHOENIX AZ 85014
James R. Dingman director, Board of Directors 225 20TH STREET, ROCK ISLAND IL 61201
Gerald J. Pepping director, Board of Directors 225 20TH STREET, ROCK ISLAND IL 61201
Mark J. Schwab director, Board of Directors 225 20TH STREET, ROCK ISLAND IL 61201