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Coface (XPAR:COFA) Cyclically Adjusted Price-to-FCF : 7.61 (As of May. 27, 2024)


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What is Coface Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), Coface's current share price is €14.23. Coface's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.87. Coface's Cyclically Adjusted Price-to-FCF for today is 7.61.

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

XPAR:COFA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.79   Med: 7.55   Max: 9.34
Current: 7.63

During the past years, Coface's highest Cyclically Adjusted Price-to-FCF was 9.34. The lowest was 5.79. And the median was 7.55.

XPAR:COFA's Cyclically Adjusted Price-to-FCF is ranked better than
63.69% of 314 companies
in the Insurance industry
Industry Median: 11.28 vs XPAR:COFA: 7.63

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.

Coface's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €1.247. 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 €1.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coface Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Coface'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.

Coface Cyclically Adjusted Price-to-FCF Chart

Coface Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 8.92 7.41

Coface Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 7.41 7.59 7.20 6.83 7.85

Competitive Comparison of Coface's Cyclically Adjusted Price-to-FCF

For the Insurance - Reinsurance subindustry, Coface'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.


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

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

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



Coface 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.

Coface's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.23/1.87
=7.61

* 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.

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

For example, Coface'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)
=1.247/119.4700*119.4700
=1.247

Current CPI (Mar. 2024) = 119.4700.

Coface Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.423 100.240 0.504
201406 0.291 100.180 0.347
201409 0.802 99.920 0.959
201412 0.079 99.860 0.095
201503 0.594 100.170 0.708
201506 0.475 100.440 0.565
201509 0.394 99.950 0.471
201512 0.275 100.040 0.328
201603 -0.025 100.020 -0.030
201606 0.173 100.630 0.205
201609 0.167 100.340 0.199
201612 0.479 100.650 0.569
201703 0.609 101.170 0.719
201706 0.223 101.320 0.263
201709 0.031 101.330 0.037
201712 0.365 101.850 0.428
201803 0.363 102.750 0.422
201806 0.146 103.370 0.169
201809 0.803 103.560 0.926
201812 -0.648 103.470 -0.748
201903 0.233 103.890 0.268
201906 0.973 104.580 1.112
201909 0.241 104.500 0.276
201912 0.098 104.980 0.112
202003 0.722 104.590 0.825
202006 0.527 104.790 0.601
202009 0.147 104.550 0.168
202012 -0.334 104.960 -0.380
202103 1.009 105.750 1.140
202106 -0.503 106.340 -0.565
202109 0.794 106.810 0.888
202112 0.779 107.850 0.863
202203 0.552 110.490 0.597
202206 1.477 112.550 1.568
202209 1.067 112.740 1.131
202212 -0.299 114.160 -0.313
202303 0.830 116.790 0.849
202306 0.617 117.650 0.627
202309 0.505 118.260 0.510
202403 1.247 119.470 1.247

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.


Coface  (XPAR:COFA) 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.


Coface Cyclically Adjusted Price-to-FCF Related Terms

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


Coface (XPAR:COFA) Business Description

Industry
Traded in Other Exchanges
Address
1, place Costes et Bellonte, CS 20003, Bois-Colombes, FRA, 92270
Coface SA is a property and casualty insurance company. The vast majority of its revenue is generated by its group reinsurance business. Most of the company's sales are generated in Europe. The company offers credit insurance products to protect companies against potentially uncollected payments from their customers. Coface's strategy focuses on risk management. The company considers merger and acquisition investment as a component of its operational growth strategy.

Coface (XPAR:COFA) Headlines

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