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Admiral Group (LSE:ADM) Cyclically Adjusted Price-to-FCF : 23.76 (As of May. 30, 2024)


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

As of today (2024-05-30), Admiral Group's current share price is £27.09. Admiral Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was £1.14. Admiral Group's Cyclically Adjusted Price-to-FCF for today is 23.76.

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

LSE:ADM' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.65   Med: 24.02   Max: 37.51
Current: 23.89

During the past 13 years, Admiral Group's highest Cyclically Adjusted Price-to-FCF was 37.51. The lowest was 16.65. And the median was 24.02.

LSE:ADM's Cyclically Adjusted Price-to-FCF is ranked worse than
80.19% of 313 companies
in the Insurance industry
Industry Median: 11.33 vs LSE:ADM: 23.89

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.

Admiral Group's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was £0.666. 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 £1.14 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Admiral Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Admiral 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.

Admiral Group Cyclically Adjusted Price-to-FCF Chart

Admiral Group 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 26.40 29.53 31.15 18.85 23.53

Admiral Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 31.15 - 18.85 - 23.53

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

For the Insurance - Property & Casualty subindustry, Admiral 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.


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

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

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



Admiral 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.

Admiral Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=27.09/1.14
=23.76

* 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.

Admiral Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Admiral Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.666/130.5000*130.5000
=0.666

Current CPI (Dec23) = 130.5000.

Admiral Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.455 99.900 0.594
201512 0.940 100.400 1.222
201612 1.416 102.200 1.808
201712 1.083 105.000 1.346
201812 0.555 107.100 0.676
201912 0.691 108.500 0.831
202012 1.917 109.400 2.287
202112 0.588 114.700 0.669
202212 1.255 125.300 1.307
202312 0.666 130.500 0.666

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.


Admiral Group  (LSE:ADM) 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.


Admiral Group Cyclically Adjusted Price-to-FCF Related Terms

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


Admiral Group (LSE:ADM) Business Description

Industry
Traded in Other Exchanges
Address
David Street, Ty Admiral, Cardiff, GBR, CF10 2EH
Admiral is a personal lines insurance company that operates predominantly in the United Kingdom. The business is mainly a motor insurer, with U.K. motor and international cars accounting for the majority of Admiral's gross written premium. The business also has a nascent but growing U.K. household insurance division. Admiral was established in 1993 to sell motor insurance to nonstandard risk policyholders. These nonstandard risks included younger drivers, female drivers, drivers wanting to pay by credit card, and drivers based in London. Over the years, Admiral has continued to expand its wheelhouse of nonstandard risk selection.