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Assurant (LTS:0HIN) Cyclically Adjusted Price-to-FCF : 15.21 (As of May. 20, 2024)


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What is Assurant Cyclically Adjusted Price-to-FCF?

As of today (2024-05-20), Assurant's current share price is $175.38. Assurant's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $11.53. Assurant's Cyclically Adjusted Price-to-FCF for today is 15.21.

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

LTS:0HIN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.13   Med: 14.14   Max: 19.1
Current: 15.24

During the past years, Assurant's highest Cyclically Adjusted Price-to-FCF was 19.10. The lowest was 7.13. And the median was 14.14.

LTS:0HIN's Cyclically Adjusted Price-to-FCF is ranked worse than
65.34% of 326 companies
in the Insurance industry
Industry Median: 10.875 vs LTS:0HIN: 15.24

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.

Assurant's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.600. 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 $11.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Assurant Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Assurant'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.

Assurant Cyclically Adjusted Price-to-FCF Chart

Assurant 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 15.75 13.77 14.79 11.35 14.70

Assurant 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 10.41 10.88 12.57 14.70 16.33

Competitive Comparison of Assurant's Cyclically Adjusted Price-to-FCF

For the Insurance - Specialty subindustry, Assurant'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.


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

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

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



Assurant 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=175.38/11.53
=15.21

* 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.

Assurant's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Assurant's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.6/131.7762*131.7762
=0.600

Current CPI (Mar. 2024) = 131.7762.

Assurant Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.589 100.560 2.082
201409 3.079 100.428 4.040
201412 -2.013 99.070 -2.678
201503 -2.824 99.621 -3.736
201506 4.426 100.684 5.793
201509 4.929 100.392 6.470
201512 -4.777 99.792 -6.308
201603 -5.595 100.470 -7.338
201606 -0.043 101.688 -0.056
201609 3.891 101.861 5.034
201612 2.706 101.863 3.501
201703 0.166 102.862 0.213
201706 -0.735 103.349 -0.937
201709 6.500 104.136 8.225
201712 2.641 104.011 3.346
201803 -1.701 105.290 -2.129
201806 3.954 106.317 4.901
201809 4.099 106.507 5.072
201812 2.802 105.998 3.483
201903 3.258 107.251 4.003
201906 6.948 108.070 8.472
201909 6.949 108.329 8.453
201912 3.325 108.420 4.041
202003 -2.263 108.902 -2.738
202006 6.157 108.767 7.459
202009 9.507 109.815 11.408
202012 6.385 109.897 7.656
202103 -7.418 111.754 -8.747
202106 14.711 114.631 16.911
202109 -0.809 115.734 -0.921
202112 3.428 117.630 3.840
202203 -9.651 121.301 -10.484
202206 2.305 125.017 2.430
202209 11.121 125.227 11.703
202212 4.180 125.222 4.399
202303 3.933 127.348 4.070
202306 2.524 128.729 2.584
202309 5.212 129.860 5.289
202312 5.746 129.419 5.851
202403 0.600 131.776 0.600

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.


Assurant  (LTS:0HIN) 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.


Assurant Cyclically Adjusted Price-to-FCF Related Terms

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


Assurant (LTS:0HIN) Business Description

Industry
Traded in Other Exchanges
Address
260 Interstate North Circle SE, Atlanta, GA, USA, 30339
Assurant Inc offers a range of property-casualty, health, employee benefit, and warranty insurance to a client base made up of individuals and institutions. Its segments are Global Housing, Global Lifestyle, Corporate and Other. Global Housing provides lender-placed homeowners insurance, lender-placed manufactured housing insurance and lender-placed flood insurance; renters insurance and related products; and voluntary manufactured housing insurance, voluntary homeowners insurance and other specialty products. Global Lifestyle, the key revenue-generating segment, provides mobile device solutions and extended service products and related services for mobile devices, consumer electronics and appliances; vehicle protection; and credit protection and other insurance products.

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