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National Western Life Group (National Western Life Group) Cyclically Adjusted Price-to-FCF : 4.67 (As of May. 22, 2024)


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What is National Western Life Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), National Western Life Group's current share price is $488.62. National Western Life Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $104.69. National Western Life Group's Cyclically Adjusted Price-to-FCF for today is 4.67.

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

NWLI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.53   Med: 3.34   Max: 4.84
Current: 4.66

During the past years, National Western Life Group's highest Cyclically Adjusted Price-to-FCF was 4.84. The lowest was 1.53. And the median was 3.34.

NWLI's Cyclically Adjusted Price-to-FCF is ranked better than
79.23% of 313 companies
in the Insurance industry
Industry Median: 11.43 vs NWLI: 4.66

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.

National Western Life Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $28.551. 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 $104.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Western Life Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for National Western Life 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.

National Western Life Group Cyclically Adjusted Price-to-FCF Chart

National Western Life 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 3.43 2.30 2.24 2.77 4.71

National Western Life Group 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 2.39 4.09 4.22 4.71 4.70

Competitive Comparison of National Western Life Group's Cyclically Adjusted Price-to-FCF

For the Insurance - Life subindustry, National Western Life 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.


National Western Life Group's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

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



National Western Life 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.

National Western Life Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=488.62/104.69
=4.67

* 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.

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

For example, National Western Life Group'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)
=28.551/131.7762*131.7762
=28.551

Current CPI (Mar. 2024) = 131.7762.

National Western Life Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 21.913 100.560 28.715
201409 21.174 100.428 27.783
201412 22.954 99.070 30.532
201503 24.950 99.621 33.003
201506 18.534 100.684 24.258
201509 24.493 100.392 32.150
201512 27.211 99.792 35.932
201603 28.404 100.470 37.254
201606 22.595 101.688 29.281
201609 16.711 101.861 21.619
201612 17.285 101.863 22.361
201703 25.381 102.862 32.515
201706 10.486 103.349 13.370
201709 16.827 104.136 21.293
201712 20.714 104.011 26.243
201803 19.340 105.290 24.205
201806 19.761 106.317 24.493
201809 21.139 106.507 26.154
201812 28.727 105.998 35.713
201903 24.567 107.251 30.185
201906 20.230 108.070 24.668
201909 21.153 108.329 25.731
201912 23.759 108.420 28.877
202003 29.044 108.902 35.145
202006 28.246 108.767 34.221
202009 17.565 109.815 21.078
202012 24.421 109.897 29.283
202103 14.655 111.754 17.281
202106 -14.399 114.631 -16.553
202109 -3.229 115.734 -3.677
202112 82.209 117.630 92.096
202203 19.934 121.301 21.655
202206 17.827 125.017 18.791
202209 25.602 125.227 26.941
202212 33.729 125.222 35.494
202303 12.656 127.348 13.096
202306 19.453 128.729 19.914
202309 22.164 129.860 22.491
202312 14.522 129.419 14.786
202403 28.551 131.776 28.551

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.


National Western Life Group  (NAS:NWLI) 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.


National Western Life Group Cyclically Adjusted Price-to-FCF Related Terms

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


National Western Life Group (National Western Life Group) Business Description

Traded in Other Exchanges
N/A
Address
10801 N. Mopac Expy Building 3, Austin, TX, USA, 78759
National Western Life Group Inc is a global insurance company that provides insurance products for the savings, protection, and retirement needs of policyholders. The company's product portfolio includes individual whole life, universal life and term insurance plans, and annuities. The company is organized into four operating business segments based on product types and geographic marketing areas: Domestic life insurance, International life insurance, Annuities, and Acquired businesses. The annuities segment contributes roughly half of the company's revenue, and most of the company's revenue is earned in the United States.
Executives
E J Pederson director 850 EAST ANDERSON LANE, AUSTIN TX 78752
Ross R Moody director, officer: President & Interim CEO 850 E. ANDERSON LANE, AUSTIN TX 78752
David S Boone director AMERICAN CARESOURCE HOLDINGS, INC., 5429 LYNDON B. JOHNSON FREEWAY, #100, DALLAS TX 75240
Thomas A Blackwell director 850 E. ANDERSON LANE, AUSTIN TX 78752
Rey Jr Perez officer: Sr VP - CLO & Secretary 850 E. ANDERSON LANE, AUSTIN TX 78752
Gina Byrne Miller other: NWLIC SVP - CLO & Secretary 10801 N. MOPAC EXPY., BLDG. 3, AUSTIN TX 78759
Allison L Lounsbury other: NWLIC - VP Controller 10801 N. MOPAC EXPY., BLDG. 3, AUSTIN TX 78759
Van De Berg Stephen M other: NWLIC - SVP Chief Actuary CRO 10801 N. MOPAC EXPY, BLDG 3, AUSTIN TX 78759
Chad J Tope other: NWLIC - EVP CMO 10801 N. MOPAC EXPY, BLDG 3, AUSTIN TX 78759
Natalie U Anderson other: NWLIC - VP Head of Investments 10801 N. MOPAC EXPY., BLDG. 3, AUSTIN TX 78759
Robert L Moody 10 percent owner 850 EAST ANDERSON LANE, AUSTIN TX 78752
Robert L. Moody Revocable Trust 10 percent owner C/O MOODY NATIONAL BANK, 2302 POSTOFFICE ST., GALVESTON TX 77550
Gregory J Owen other: NWLIC - SVP CIO 10801 N. MOPAC EXPY BLDG 3, AUSTIN TX 78759
Russell S. Moody director 850 E. ANDERSON LANE, AUSTIN TX 78752
E Douglas Mcleod director 850 EAST ANDERSON LANE, AUSTIN TX 78752