GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Navigators Group Inc (NAS:NAVG) » Definitions » Cyclically Adjusted Price-to-FCF

Navigators Group (Navigators Group) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


View and export this data going back to 1986. Start your Free Trial

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

Shiller PE for Stocks: The True Measure of Stock Valuation


Navigators Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Navigators 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.

Navigators Group Cyclically Adjusted Price-to-FCF Chart

Navigators Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Navigators Group Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 Navigators Group's Cyclically Adjusted Price-to-FCF

For the Insurance - Property & Casualty subindustry, Navigators 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.


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

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

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



Navigators 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.

Navigators Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2019 is calculated as:

For example, Navigators Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2019 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2019 (Change)*Current CPI (Mar. 2019)
=0.997/107.2505*107.2505
=0.997

Current CPI (Mar. 2019) = 107.2505.

Navigators Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200906 0.807 91.003 0.951
200909 1.016 91.120 1.196
200912 -0.065 91.111 -0.077
201003 0.107 91.821 0.125
201006 1.820 91.962 2.123
201009 1.537 92.162 1.789
201012 0.081 92.474 0.094
201103 0.380 94.283 0.432
201106 0.021 95.235 0.024
201109 2.353 95.727 2.636
201112 1.059 95.213 1.193
201203 0.522 96.783 0.578
201206 -0.074 96.819 -0.082
201209 1.877 97.633 2.062
201212 0.933 96.871 1.033
201303 0.118 98.209 0.129
201306 1.394 98.518 1.518
201309 2.727 98.790 2.961
201312 0.160 98.326 0.175
201403 0.203 99.695 0.218
201406 2.341 100.560 2.497
201409 3.514 100.428 3.753
201412 1.288 99.070 1.394
201503 -0.195 99.621 -0.210
201506 0.242 100.684 0.258
201509 5.273 100.392 5.633
201512 2.415 99.792 2.595
201603 1.356 100.470 1.448
201606 2.493 101.688 2.629
201609 2.411 101.861 2.539
201612 1.254 101.863 1.320
201703 1.213 102.862 1.265
201706 1.150 103.349 1.193
201709 5.061 104.136 5.212
201712 1.380 104.011 1.423
201803 1.149 105.290 1.170
201806 1.471 106.317 1.484
201809 5.988 106.507 6.030
201812 2.439 105.998 2.468
201903 0.997 107.251 0.997

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.


Navigators Group  (NAS:NAVG) 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.


Navigators Group Cyclically Adjusted Price-to-FCF Related Terms

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


Navigators Group (Navigators Group) Business Description

Traded in Other Exchanges
N/A
Address
400 Atlantic Street, Stamford, CT, USA, 06901
Navigators Group is a property and casualty insurance company that operates multiple segments, including marine, property and casualty, and professional liabilities. Navigators splits these segments apart by region according to either United States exposure or international exposure. The vast majority of the company's revenue comes from its United States property and casualty business. Navigators distributes its products through a network of insurance brokers. The company considers merger and acquisition investment as a component of its operational growth strategy.
Executives
Meryl D Hartzband director C/O THE NAVIGATORS GROUP, INC., 400 ATLANTIC STREET, 8TH FLOOR, STAMFORD CT 06901
Patricia H Roberts director C/O THE NAVIGATORS GROUP, INC., 400 ATLANTIC STREET, 8TH FLOOR, STAMFORD CT 06901
Denise Lowsley officer: SVP, Chief HR Officer C/O THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN STREET, WORCESTER MA 01653
Loriann Lowery-biggers officer: SVP,Chief Marketing Officer BALDWIN & LYONS, INC. 111 CONGRESSIONAL BLVD. CARMEL IN 46032
Bruce J Byrnes officer: SVP & General Counsel 399 THORNAL STREET, EDISON NJ 08837
W Thomas Forrester director 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143

Navigators Group (Navigators Group) Headlines