GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Clal Insurance Enterprises Holdings Ltd (XTAE:CLIS) » Definitions » Cyclically Adjusted FCF per Share

Clal Insurance Enterprises Holdings (XTAE:CLIS) Cyclically Adjusted FCF per Share : ₪9.06 (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Clal Insurance Enterprises 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.

Clal Insurance Enterprises Holdings's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₪11.666. 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 ₪9.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Clal Insurance Enterprises Holdings's average Cyclically Adjusted FCF Growth Rate was -17.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -9.40% 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 Clal Insurance Enterprises Holdings was -9.40% per year. The lowest was -9.40% per year. And the median was -9.40% per year.

As of today (2024-06-08), Clal Insurance Enterprises Holdings's current stock price is ₪56.14. Clal Insurance Enterprises Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₪9.06. Clal Insurance Enterprises Holdings's Cyclically Adjusted Price-to-FCF of today is 6.20.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Clal Insurance Enterprises Holdings was 9.16. The lowest was 2.85. And the median was 3.91.


Clal Insurance Enterprises Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Clal Insurance Enterprises 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.

Clal Insurance Enterprises Holdings Cyclically Adjusted FCF per Share Chart

Clal Insurance Enterprises 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 - 10.76 21.83 17.11 8.01

Clal Insurance Enterprises 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 11.01 6.44 7.91 8.01 9.06

Competitive Comparison of Clal Insurance Enterprises Holdings's Cyclically Adjusted FCF per Share

For the Insurance - Diversified subindustry, Clal Insurance Enterprises 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.


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

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

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



Clal Insurance Enterprises 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, Clal Insurance Enterprises Holdings'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)
=11.666/131.7762*131.7762
=11.666

Current CPI (Mar. 2024) = 131.7762.

Clal Insurance Enterprises Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -4.689 100.560 -6.145
201409 -28.096 100.428 -36.866
201412 19.388 99.070 25.789
201503 29.286 99.621 38.739
201506 4.075 100.684 5.333
201509 -9.443 100.392 -12.395
201512 9.588 99.792 12.661
201603 1.551 100.470 2.034
201606 11.073 101.688 14.349
201609 -28.996 101.861 -37.512
201612 1.681 101.863 2.175
201703 -7.481 102.862 -9.584
201706 36.588 103.349 46.652
201709 -19.674 104.136 -24.896
201712 25.237 104.011 31.974
201803 -11.683 105.290 -14.622
201806 1.768 106.317 2.191
201809 16.119 106.507 19.943
201812 -22.872 105.998 -28.434
201903 4.013 107.251 4.931
201906 31.166 108.070 38.003
201909 -11.204 108.329 -13.629
201912 27.057 108.420 32.886
202003 -30.798 108.902 -37.267
202006 12.247 108.767 14.838
202009 -17.434 109.815 -20.921
202012 14.289 109.897 17.134
202103 24.602 111.754 29.010
202106 33.686 114.631 38.724
202109 40.776 115.734 46.428
202112 2.402 117.630 2.691
202203 -13.187 121.301 -14.326
202206 7.318 125.017 7.714
202209 -9.650 125.227 -10.155
202212 -22.154 125.222 -23.314
202303 -53.699 127.348 -55.566
202306 -12.565 128.729 -12.862
202309 0.076 129.860 0.077
202312 3.074 129.419 3.130
202403 11.666 131.776 11.666

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


Clal Insurance Enterprises Holdings  (XTAE:CLIS) 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.

Clal Insurance Enterprises Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=56.14/9.06
=6.20

* 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 Clal Insurance Enterprises Holdings was 9.16. The lowest was 2.85. And the median was 3.91.


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.


Clal Insurance Enterprises Holdings Cyclically Adjusted FCF per Share Related Terms

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


Clal Insurance Enterprises Holdings (XTAE:CLIS) Business Description

Traded in Other Exchanges
N/A
Address
36 Raul Wallenberg Road, Kiryat Atidim, Tower 8, Tel Aviv, ISR, 6136902
Clal Insurance Enterprises Holdings Ltd is an insurance company, part of IDB Group, a conglomerate from Israel. Its lines of business are: Nonlife insurance, Health insurance, Pensions, and provident funds for private and corporate clients. Clal insurance divisions are: nonlife insurance, long-term savings, and health. The nonlife insurance division offers automotive, property, personal accidents, guarantees, liability, and marine insurance, among others. The life insurance and long-term savings division manages long-term assets, such as life insurance, pensions, and funds. The health insurance division consists of health insurance products, such as local and overseas surgeries, transplants, medications, critical illness, long-term care, and accidents. The company's main market is Israel.

Clal Insurance Enterprises Holdings (XTAE:CLIS) Headlines

From GuruFocus

ClickStream Files Quarterly Report on Form 10-Q

By ACCESSWIRE ACCESSWIRE 02-23-2022

Clickstream Files Annual Report on Form 10-K

By ACCESSWIRE ACCESSWIRE 02-11-2022