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Sun Life Financial (STU:LIE) Cyclically Adjusted Price-to-FCF : 11.93 (As of May. 23, 2024)


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What is Sun Life Financial Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Sun Life Financial's current share price is €47.00. Sun Life Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.94. Sun Life Financial's Cyclically Adjusted Price-to-FCF for today is 11.93.

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

STU:LIE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.38   Med: 14.63   Max: 25.55
Current: 12.03

During the past years, Sun Life Financial's highest Cyclically Adjusted Price-to-FCF was 25.55. The lowest was 10.38. And the median was 14.63.

STU:LIE's Cyclically Adjusted Price-to-FCF is ranked worse than
53.35% of 313 companies
in the Insurance industry
Industry Median: 11.43 vs STU:LIE: 12.03

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.

Sun Life Financial's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-2.931. 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 €3.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sun Life Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sun Life Financial'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.

Sun Life Financial Cyclically Adjusted Price-to-FCF Chart

Sun Life Financial 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 16.88 11.50 16.30 12.10 11.12

Sun Life Financial 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 12.47 12.92 11.88 11.12 12.80

Competitive Comparison of Sun Life Financial's Cyclically Adjusted Price-to-FCF

For the Insurance - Diversified subindustry, Sun Life Financial'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.


Sun Life Financial's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

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



Sun Life Financial 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.

Sun Life Financial's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=47.00/3.94
=11.93

* 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.

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

For example, Sun Life Financial'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)
=-2.931/126.2576*126.2576
=-2.931

Current CPI (Mar. 2024) = 126.2576.

Sun Life Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.793 99.473 1.007
201409 1.060 99.394 1.346
201412 -0.072 98.367 -0.092
201503 1.032 99.789 1.306
201506 0.640 100.500 0.804
201509 1.349 100.421 1.696
201512 1.836 99.947 2.319
201603 0.331 101.054 0.414
201606 1.453 102.002 1.799
201609 0.668 101.765 0.829
201612 1.521 101.449 1.893
201703 -0.746 102.634 -0.918
201706 1.375 103.029 1.685
201709 0.651 103.345 0.795
201712 0.645 103.345 0.788
201803 0.438 105.004 0.527
201806 0.400 105.557 0.478
201809 1.172 105.636 1.401
201812 1.981 105.399 2.373
201903 -1.383 106.979 -1.632
201906 2.094 107.690 2.455
201909 0.188 107.611 0.221
201912 1.831 107.769 2.145
202003 -0.211 107.927 -0.247
202006 3.401 108.401 3.961
202009 3.389 108.164 3.956
202012 1.220 108.559 1.419
202103 -1.154 110.298 -1.321
202106 0.275 111.720 0.311
202109 0.984 112.905 1.100
202112 -2.370 113.774 -2.630
202203 -0.596 117.646 -0.640
202206 2.487 120.806 2.599
202209 2.369 120.648 2.479
202212 1.078 120.964 1.125
202303 -0.056 122.702 -0.058
202306 0.291 124.203 0.296
202309 2.180 125.230 2.198
202312 3.951 125.072 3.988
202403 -2.931 126.258 -2.931

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.


Sun Life Financial  (STU:LIE) 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.


Sun Life Financial Cyclically Adjusted Price-to-FCF Related Terms

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


Sun Life Financial (STU:LIE) Business Description

Address
1 York Street, 31st Floor, Toronto, ON, CAN, M5J 0B6
Sun Life provides life insurance, retirement, and asset management products to individuals and corporate customers in Canada, the United States, and Asia. The company's investment management business contributes approximately 38% of its adjusted earnings and has around CAD 1 trillion in assets under management as of the second quarter of 2023. The Canada business contributes about 32% of adjusted earnings and provides individual life and health insurance, group insurance, retirement services, and wealth management solutions. The U.S. business contributes approximately 14% of earnings and is mainly focused on providing group insurance products and managing the in-force life insurance policies. Finally, the Asia segment contributes around 16% of earnings.

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