GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Everest Group Ltd (STU:ERE) » Definitions » Cyclically Adjusted FCF per Share

Everest Group (STU:ERE) Cyclically Adjusted FCF per Share : €58.97 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Everest Group 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.

Everest Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was €23.633. 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 €58.97 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Everest Group's average Cyclically Adjusted FCF Growth Rate was 17.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 25.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 24.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 14.30% 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 Everest Group was 26.90% per year. The lowest was -4.20% per year. And the median was 7.20% per year.

As of today (2024-05-26), Everest Group's current stock price is €359.10. Everest Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €58.97. Everest Group's Cyclically Adjusted Price-to-FCF of today is 6.09.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Everest Group was 13.02. The lowest was 5.28. And the median was 9.46.


Everest Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Everest Group'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.

Everest Group Cyclically Adjusted FCF per Share Chart

Everest Group 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 - - - - 55.21

Everest Group 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 50.05 52.05 57.86 55.21 58.97

Competitive Comparison of Everest Group's Cyclically Adjusted FCF per Share

For the Insurance - Reinsurance subindustry, Everest Group'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.


Everest Group's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

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



Everest Group 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, Everest Group'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)
=23.633/131.7762*131.7762
=23.633

Current CPI (Mar. 2024) = 131.7762.

Everest Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 3.584 100.560 4.697
201409 5.740 100.428 7.532
201412 2.317 99.070 3.082
201503 7.288 99.621 9.640
201506 3.650 100.684 4.777
201509 5.506 100.392 7.227
201512 6.569 99.792 8.674
201603 7.940 100.470 10.414
201606 6.537 101.688 8.471
201609 5.967 101.861 7.719
201612 9.845 101.863 12.736
201703 8.751 102.862 11.211
201706 5.499 103.349 7.012
201709 8.411 104.136 10.644
201712 2.453 104.011 3.108
201803 3.899 105.290 4.880
201806 -1.325 106.317 -1.642
201809 8.688 106.507 10.749
201812 1.445 105.998 1.796
201903 10.061 107.251 12.362
201906 8.624 108.070 10.516
201909 14.231 108.329 17.311
201912 8.131 108.420 9.883
202003 11.364 108.902 13.751
202006 13.451 108.767 16.296
202009 23.309 109.815 27.970
202012 13.746 109.897 16.483
202103 19.185 111.754 22.622
202106 15.179 114.631 17.449
202109 25.219 115.734 28.715
202112 22.492 117.630 25.197
202203 19.798 121.301 21.508
202206 17.191 125.017 18.120
202209 29.103 125.227 30.625
202212 23.484 125.222 24.713
202303 25.679 127.348 26.572
202306 24.509 128.729 25.089
202309 30.098 129.860 30.542
202312 20.817 129.419 21.196
202403 23.633 131.776 23.633

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


Everest Group  (STU:ERE) 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.

Everest Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=359.10/58.97
=6.09

* 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 Everest Group was 13.02. The lowest was 5.28. And the median was 9.46.


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.


Everest Group Cyclically Adjusted FCF per Share Related Terms

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


Everest Group (STU:ERE) Business Description

Industry
Traded in Other Exchanges
Address
141 Front Street, Seon Place - 4th Floor, P.O. Box HM 845, Hamilton, BMU, HM 19
Everest Group Ltd is engaged in providing insurance services in the U.S., Bermuda, and international markets. It operates in Reinsurance and Insurance business. The Reinsurance operation writes property and casualty reinsurance and specialty lines of business, on both a treaty and facultative basis, through reinsurance brokers, as well as directly with ceding companies. The Insurance operation writes property and casualty insurance directly and through brokers, surplus lines brokers, and general agents within the U.S., Bermuda, Canada, Europe, and South America.

Everest Group (STU:ERE) Headlines

No Headlines