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Tryg A/S (OCSE:TRYG) Cyclically Adjusted Price-to-FCF : 25.76 (As of May. 28, 2024)


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What is Tryg A/S Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Tryg A/S's current share price is kr144.00. Tryg A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr5.59. Tryg A/S's Cyclically Adjusted Price-to-FCF for today is 25.76.

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

OCSE:TRYG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.59   Med: 28.12   Max: 41.79
Current: 25.81

During the past years, Tryg A/S's highest Cyclically Adjusted Price-to-FCF was 41.79. The lowest was 19.59. And the median was 28.12.

OCSE:TRYG's Cyclically Adjusted Price-to-FCF is ranked worse than
81.79% of 313 companies
in the Insurance industry
Industry Median: 11.32 vs OCSE:TRYG: 25.81

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.

Tryg A/S's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr1.788. 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 kr5.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tryg A/S Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tryg A/S'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.

Tryg A/S Cyclically Adjusted Price-to-FCF Chart

Tryg A/S 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 35.41 28.35 28.28 30.36 25.46

Tryg A/S 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 29.76 28.60 24.42 25.46 25.42

Competitive Comparison of Tryg A/S's Cyclically Adjusted Price-to-FCF

For the Insurance - Diversified subindustry, Tryg A/S'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.


Tryg A/S's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

* The bar in red indicates where Tryg A/S's Cyclically Adjusted Price-to-FCF falls into.



Tryg A/S 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.

Tryg A/S's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=144.00/5.59
=25.76

* 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.

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

For example, Tryg A/S'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)
=1.788/118.4000*118.4000
=1.788

Current CPI (Mar. 2024) = 118.4000.

Tryg A/S Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.598 99.700 0.710
201409 2.288 99.700 2.717
201412 -1.378 99.400 -1.641
201503 3.780 100.200 4.467
201506 0.174 100.300 0.205
201509 0.857 100.200 1.013
201512 -1.572 99.800 -1.865
201603 3.957 100.200 4.676
201606 0.470 100.600 0.553
201609 0.801 100.200 0.946
201612 -1.327 100.300 -1.566
201703 4.307 101.200 5.039
201706 -0.522 101.200 -0.611
201709 2.478 101.800 2.882
201712 -1.674 101.300 -1.957
201803 5.015 101.700 5.839
201806 2.154 102.300 2.493
201809 -0.868 102.400 -1.004
201812 -13.693 102.100 -15.879
201903 7.011 102.900 8.067
201906 1.730 102.900 1.991
201909 4.678 102.900 5.383
201912 -4.087 102.900 -4.703
202003 6.528 103.300 7.482
202006 1.856 103.200 2.129
202009 5.090 103.500 5.823
202012 -0.560 103.400 -0.641
202103 8.956 104.300 10.167
202106 0.707 105.000 0.797
202109 1.684 105.800 1.885
202112 -1.270 106.600 -1.411
202203 1.800 109.900 1.939
202206 7.678 113.600 8.002
202209 -6.056 116.400 -6.160
202212 -3.271 115.900 -3.342
202303 2.275 117.300 2.296
202306 1.098 116.400 1.117
202309 2.669 117.400 2.692
202312 3.573 116.700 3.625
202403 1.788 118.400 1.788

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.


Tryg A/S  (OCSE:TRYG) 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.


Tryg A/S Cyclically Adjusted Price-to-FCF Related Terms

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


Tryg A/S (OCSE:TRYG) Business Description

Industry
Traded in Other Exchanges
Address
Klausdalsbrovej 601, Ballerup, DNK, 2750
Tryg A/S is a diversified insurance company. The company operates in multiple segments, including private, commercial, corporate, and other. The company's private segment, which focuses on general insurance products and services for private individuals in Denmark and Norway, generates the vast majority of the company's revenue. The company generates most of its revenue in Denmark, followed by Norway and Sweden. The firm considers merger and acquisition investment as a component of its operational growth strategy.

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