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Genworth Financial (FRA:GGK) Cyclically Adjusted Price-to-FCF : 1.68 (As of May. 05, 2024)


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What is Genworth Financial Cyclically Adjusted Price-to-FCF?

As of today (2024-05-05), Genworth Financial's current share price is €6.05. Genworth Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €3.60. Genworth Financial's Cyclically Adjusted Price-to-FCF for today is 1.68.

The historical rank and industry rank for Genworth Financial's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:GGK' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.26   Med: 0.98   Max: 2.4
Current: 1.65

During the past years, Genworth Financial's highest Cyclically Adjusted Price-to-FCF was 2.40. The lowest was 0.26. And the median was 0.98.

FRA:GGK's Cyclically Adjusted Price-to-FCF is ranked better than
92.92% of 325 companies
in the Insurance industry
Industry Median: 10.98 vs FRA:GGK: 1.65

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.

Genworth Financial's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €0.296. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €3.60 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Genworth Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Genworth Financial'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.

Genworth Financial Cyclically Adjusted Price-to-FCF Chart

Genworth Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 0.89 1.05 1.31 1.70

Genworth Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.22 1.24 1.47 1.70 -

Competitive Comparison of Genworth Financial's Cyclically Adjusted Price-to-FCF

For the Insurance - Life subindustry, Genworth Financial'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.


Genworth Financial's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

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



Genworth Financial 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.

Genworth Financial's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.05/3.6
=1.68

* 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.

Genworth Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Genworth Financial's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.296/129.4194*129.4194
=0.296

Current CPI (Dec. 2023) = 129.4194.

Genworth Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.088 99.695 0.114
201406 0.756 100.560 0.973
201409 0.878 100.428 1.131
201412 2.121 99.070 2.771
201503 1.156 99.621 1.502
201506 -0.202 100.684 -0.260
201509 1.159 100.392 1.494
201512 0.799 99.792 1.036
201603 0.460 100.470 0.593
201606 1.441 101.688 1.834
201609 1.309 101.861 1.663
201612 0.141 101.863 0.179
201703 1.222 102.862 1.537
201706 1.160 103.349 1.453
201709 1.044 104.136 1.297
201712 1.047 104.011 1.303
201803 0.176 105.290 0.216
201806 0.770 106.317 0.937
201809 0.702 106.507 0.853
201812 1.159 105.998 1.415
201903 0.233 107.251 0.281
201906 1.150 108.070 1.377
201909 1.444 108.329 1.725
201912 0.831 108.420 0.992
202003 1.220 108.902 1.450
202006 1.073 108.767 1.277
202009 0.254 109.815 0.299
202012 0.814 109.897 0.959
202103 -0.404 111.754 -0.468
202106 0.767 114.631 0.866
202109 0.101 115.734 0.113
202112 0.252 117.630 0.277
202203 -0.161 121.301 -0.172
202206 0.789 125.017 0.817
202209 0.611 125.227 0.631
202212 0.759 125.222 0.784
202303 0.032 127.348 0.033
202306 0.498 128.729 0.501
202309 0.352 129.860 0.351
202312 0.296 129.419 0.296

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.


Genworth Financial  (FRA:GGK) 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.


Genworth Financial Cyclically Adjusted Price-to-FCF Related Terms

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


Genworth Financial (FRA:GGK) Business Description

Traded in Other Exchanges
Address
6620 West Broad Street, Richmond, VA, USA, 23230
Genworth Financial is a diversified insurance holding company that provides various mortgage and life insurance products. The company has three main operating business segments: Enact, U.S. Life Insurance, and Runoff. The company's product portfolio includes various financial products such as traditional life insurance, mortgage insurance, fixed annuities, and variable annuities. most of the revenue is generated by the company's U.S. life insurance segment that offers long-term care insurance, fixed annuity, and traditional life insurance products. The company earns most of its revenue in the United States.

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