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XL Group (FRA:XLF) Cyclically Adjusted Price-to-FCF : (As of May. 10, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


XL Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for XL 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.

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XL Group Cyclically Adjusted Price-to-FCF Chart

XL Group Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted Price-to-FCF
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XL Group Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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Competitive Comparison of XL Group's Cyclically Adjusted Price-to-FCF

For the Insurance - Property & Casualty subindustry, XL 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.


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

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

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



XL 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.

XL Group's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2018 is calculated as:

For example, XL Group's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2018 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2018 (Change)*Current CPI (Jun. 2018)
=-1.212/106.3168*106.3168
=-1.212

Current CPI (Jun. 2018) = 106.3168.

XL Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200809 -3.347 92.307 -3.855
200812 0.528 88.697 0.633
200903 -0.269 89.744 -0.319
200906 -0.840 91.003 -0.981
200909 1.093 91.120 1.275
200912 -0.135 91.111 -0.158
201003 0.445 91.821 0.515
201006 0.392 91.962 0.453
201009 1.029 92.162 1.187
201012 -0.545 92.474 -0.627
201103 0.145 94.283 0.164
201106 0.089 95.235 0.099
201109 0.598 95.727 0.664
201112 -0.091 95.213 -0.102
201203 0.366 96.783 0.402
201206 0.842 96.819 0.925
201209 1.035 97.633 1.127
201212 0.407 96.871 0.447
201303 0.375 98.209 0.406
201306 0.551 98.518 0.595
201309 1.270 98.790 1.367
201312 -0.188 98.326 -0.203
201403 0.516 99.695 0.550
201406 0.417 100.560 0.441
201409 1.079 100.428 1.142
201412 0.730 99.070 0.783
201503 0.124 99.621 0.132
201506 -0.044 100.684 -0.046
201509 1.419 100.392 1.503
201512 0.323 99.792 0.344
201603 -0.518 100.470 -0.548
201606 1.056 101.688 1.104
201609 1.551 101.861 1.619
201612 0.924 101.863 0.964
201703 -0.165 102.862 -0.171
201706 -0.275 103.349 -0.283
201709 1.005 104.136 1.026
201712 -0.497 104.011 -0.508
201803 -0.739 105.290 -0.746
201806 -1.212 106.317 -1.212

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.


XL Group  (FRA:XLF) 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.


XL Group Cyclically Adjusted Price-to-FCF Related Terms

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


XL Group (FRA:XLF) Business Description

Industry
Traded in Other Exchanges
N/A
Address
With more than $10 billion of equity, XL is a significant player in the global insurance market. XL Insurance offers commercial and specialty insurance for risks, including satellites and horses. XL Re reinsures catastrophe, marine, and other risks. XL Financial guarantees investment contracts, designs structured weather-risk reinsurance products, and provides other specialty risk-management services, but XL is exiting some of these areas following recent stumbles.

XL Group (FRA:XLF) Headlines

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