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Adriatic Osiguranje dd (ZAG:JDOS) Cyclically Adjusted FCF per Share : €130.45 (As of Sep. 2023)


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What is Adriatic Osiguranje dd 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.

Adriatic Osiguranje dd's adjusted free cash flow per share for the three months ended in Sep. 2023 was €1.624. 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 €130.45 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Adriatic Osiguranje dd's average Cyclically Adjusted FCF Growth Rate was 17.20% 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.

As of today (2024-06-02), Adriatic Osiguranje dd's current stock price is €428.00. Adriatic Osiguranje dd's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was €130.45. Adriatic Osiguranje dd's Cyclically Adjusted Price-to-FCF of today is 3.28.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Adriatic Osiguranje dd was 6.96. The lowest was 3.28. And the median was 5.18.


Adriatic Osiguranje dd Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Adriatic Osiguranje dd'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.

Adriatic Osiguranje dd Cyclically Adjusted FCF per Share Chart

Adriatic Osiguranje dd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 99.81 120.49

Adriatic Osiguranje dd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 111.28 120.49 128.89 126.60 130.45

Competitive Comparison of Adriatic Osiguranje dd's Cyclically Adjusted FCF per Share

For the Insurance - Property & Casualty subindustry, Adriatic Osiguranje dd'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.


Adriatic Osiguranje dd's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

* The bar in red indicates where Adriatic Osiguranje dd's Cyclically Adjusted Price-to-FCF falls into.



Adriatic Osiguranje dd 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, Adriatic Osiguranje dd's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.624/129.8595*129.8595
=1.624

Current CPI (Sep. 2023) = 129.8595.

Adriatic Osiguranje dd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 97.536 98.326 128.816
201403 5.968 99.695 7.774
201406 26.584 100.560 34.330
201409 47.280 100.428 61.136
201412 21.432 99.070 28.093
201503 2.896 99.621 3.775
201506 12.320 100.684 15.890
201509 19.312 100.392 24.981
201512 5.864 99.792 7.631
201603 3.720 100.470 4.808
201606 24.584 101.688 31.395
201609 23.616 101.861 30.107
201612 21.736 101.863 27.710
201703 33.328 102.862 42.075
201706 128.504 103.349 161.467
201709 28.568 104.136 35.625
201712 -96.528 104.011 -120.517
201803 22.240 105.290 27.430
201806 14.800 106.317 18.077
201809 24.576 106.507 29.965
201812 12.544 105.998 15.368
201903 -4.680 107.251 -5.667
201906 -0.560 108.070 -0.673
201909 12.952 108.329 15.526
201912 43.584 108.420 52.202
202003 -18.168 108.902 -21.664
202006 37.752 108.767 45.073
202009 83.552 109.815 98.803
202012 44.496 109.897 52.579
202103 55.344 111.754 64.310
202106 34.840 114.631 39.468
202109 79.632 115.734 89.351
202112 29.448 117.630 32.510
202203 65.760 121.301 70.400
202206 34.800 125.017 36.148
202209 16.032 125.227 16.625
202212 28.352 125.222 29.402
202303 55.072 127.348 56.158
202306 16.224 128.729 16.367
202309 1.624 129.860 1.624

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


Adriatic Osiguranje dd  (ZAG:JDOS) 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.

Adriatic Osiguranje dd's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=428.00/130.45
=3.28

* 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 Adriatic Osiguranje dd was 6.96. The lowest was 3.28. And the median was 5.18.


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.


Adriatic Osiguranje dd Cyclically Adjusted FCF per Share Related Terms

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


Adriatic Osiguranje dd (ZAG:JDOS) Business Description

Traded in Other Exchanges
N/A
Address
Listopadska 2, Zagreb, HRV, 10000
Adriatic Osiguranje dd formerly Jadransko Osiguranje dd operates in the insurance industry in Croatia. The company offers property insurance and travel insurance. It specializes in Motor vehicle insurance.

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