GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Calliden Group Ltd (ASX:CIX) » Definitions » Cyclically Adjusted Price-to-FCF

Calliden Group (ASX:CIX) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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

What is Calliden Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Calliden Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Calliden Group's Cyclically Adjusted Price-to-FCF 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.

Calliden Group Cyclically Adjusted Price-to-FCF Chart

Calliden Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Calliden Group Semi-Annual Data
Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Cyclically Adjusted Price-to-FCF 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 - - - - -

Competitive Comparison of Calliden Group's Cyclically Adjusted Price-to-FCF

For the Insurance - Reinsurance subindustry, Calliden 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.


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

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

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



Calliden Group Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Calliden Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec13 is calculated as:

For example, Calliden Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec13 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec13 (Change)*Current CPI (Dec13)
=0.013/97.3299*97.3299
=0.013

Current CPI (Dec13) = 97.3299.

Calliden Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200412 -0.083 75.691 -0.107
200512 -0.056 77.827 -0.070
200612 0.048 80.427 0.058
200712 -0.022 82.749 -0.026
200812 -0.060 85.814 -0.068
200912 -0.010 87.578 -0.011
201012 0.034 89.993 0.037
201112 0.005 92.686 0.005
201212 -0.125 94.730 -0.128
201312 0.013 97.330 0.013

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


Calliden Group  (ASX:CIX) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Calliden Group Cyclically Adjusted Price-to-FCF Related Terms

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


Calliden Group (ASX:CIX) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Calliden Group Limited is an ASX listed company providing general insurance products for small and medium enterprises as well as individual customers in Australia through Calliden Insurance Ltd, a wholly-owned authorized insurance subsidiary of it.

Calliden Group (ASX:CIX) Headlines