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Al Mashriq Insurance Co (XPAE:MIC) Cyclically Adjusted Price-to-FCF : 16.32 (As of May. 27, 2024)


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What is Al Mashriq Insurance Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), Al Mashriq Insurance Co's current share price is $3.10. Al Mashriq Insurance Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.19. Al Mashriq Insurance Co's Cyclically Adjusted Price-to-FCF for today is 16.32.

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

XPAE:MIC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.07   Med: 16.53   Max: 24.15
Current: 15.91

During the past years, Al Mashriq Insurance Co's highest Cyclically Adjusted Price-to-FCF was 24.15. The lowest was 15.07. And the median was 16.53.

XPAE:MIC's Cyclically Adjusted Price-to-FCF is ranked worse than
64.54% of 313 companies
in the Insurance industry
Industry Median: 11.32 vs XPAE:MIC: 15.91

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.

Al Mashriq Insurance Co's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.256. 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 $0.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Al Mashriq Insurance Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Al Mashriq Insurance Co'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.

Al Mashriq Insurance Co Cyclically Adjusted Price-to-FCF Chart

Al Mashriq Insurance Co 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 - - - 15.31 16.11

Al Mashriq Insurance Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 15.31 21.11 21.20 18.02 16.11

Competitive Comparison of Al Mashriq Insurance Co's Cyclically Adjusted Price-to-FCF

For the Insurance - Diversified subindustry, Al Mashriq Insurance Co'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.


Al Mashriq Insurance Co's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

* The bar in red indicates where Al Mashriq Insurance Co's Cyclically Adjusted Price-to-FCF falls into.



Al Mashriq Insurance Co 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.

Al Mashriq Insurance Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.10/0.19
=16.32

* 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.

Al Mashriq Insurance Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Al Mashriq Insurance Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.256/129.4194*129.4194
=0.256

Current CPI (Dec. 2023) = 129.4194.

Al Mashriq Insurance Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.026 99.695 -0.034
201406 0.050 100.560 0.064
201409 0.081 100.428 0.104
201412 0.006 99.070 0.008
201503 -0.020 99.621 -0.026
201506 -0.070 100.684 -0.090
201509 0.088 100.392 0.113
201512 0.015 99.792 0.019
201603 0.050 100.470 0.064
201606 0.100 101.688 0.127
201609 0.070 101.861 0.089
201612 0.184 101.863 0.234
201703 0.062 102.862 0.078
201706 0.027 103.349 0.034
201709 0.079 104.136 0.098
201712 0.089 104.011 0.111
201803 0.018 105.290 0.022
201806 0.033 106.317 0.040
201809 0.138 106.507 0.168
201812 0.202 105.998 0.247
201903 0.018 107.251 0.022
201906 0.172 108.070 0.206
201909 -0.114 108.329 -0.136
201912 -0.081 108.420 -0.097
202003 -0.367 108.902 -0.436
202006 0.334 108.767 0.397
202009 0.078 109.815 0.092
202012 0.278 109.897 0.327
202103 -0.155 111.754 -0.180
202106 0.152 114.631 0.172
202109 -0.098 115.734 -0.110
202112 0.125 117.630 0.138
202203 -0.027 121.301 -0.029
202206 -0.103 125.017 -0.107
202209 -0.148 125.227 -0.153
202212 0.067 125.222 0.069
202303 -0.433 127.348 -0.440
202306 0.206 128.729 0.207
202309 0.279 129.860 0.278
202312 0.256 129.419 0.256

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.


Al Mashriq Insurance Co  (XPAE:MIC) 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.


Al Mashriq Insurance Co Cyclically Adjusted Price-to-FCF Related Terms

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


Al Mashriq Insurance Co (XPAE:MIC) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 1600, Ramallah, PSE
Al Mashriq Insurance Co is engaged in the provision of insurance, re-insurance related services. Its products are Engineering Insurance, General Accident Insurance, Personal Insurance, Marine Insurance, Fire Insurance, Vehicle Insurance, Propety Insurance, Civil Liability Insurance and Travel Insurance.

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