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Genworth Financial (Genworth Financial) Cyclically Adjusted FCF per Share : $3.94 (As of Dec. 2023)


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What is Genworth Financial Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Genworth Financial's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.323. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $3.94 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Genworth Financial's average Cyclically Adjusted FCF Growth Rate was -2.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -2.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -1.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -7.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Genworth Financial was -0.70% per year. The lowest was -13.60% per year. And the median was -7.90% per year.

As of today (2024-04-27), Genworth Financial's current stock price is $5.99. Genworth Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.94. Genworth Financial's Cyclically Adjusted Price-to-FCF of today is 1.52.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Genworth Financial was 2.40. The lowest was 0.26. And the median was 0.98.


Genworth Financial Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Genworth Financial's Cyclically Adjusted FCF per Share 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.

Genworth Financial Cyclically Adjusted FCF per Share Chart

Genworth Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.12 4.24 3.84 4.04 3.94

Genworth Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 4.04 4.10 4.04 4.00 3.94

Competitive Comparison of Genworth Financial's Cyclically Adjusted FCF per Share

For the Insurance - Life subindustry, Genworth 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.


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

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

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



Genworth Financial Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Genworth Financial'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)
=0.323/129.4194*129.4194
=0.323

Current CPI (Dec. 2023) = 129.4194.

Genworth Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.121 99.695 0.157
201406 1.027 100.560 1.322
201409 1.132 100.428 1.459
201412 2.615 99.070 3.416
201503 1.251 99.621 1.625
201506 -0.226 100.684 -0.291
201509 1.301 100.392 1.677
201512 0.870 99.792 1.128
201603 0.513 100.470 0.661
201606 1.619 101.688 2.061
201609 1.469 101.861 1.866
201612 0.149 101.863 0.189
201703 1.307 102.862 1.644
201706 1.303 103.349 1.632
201709 1.244 104.136 1.546
201712 1.239 104.011 1.542
201803 0.217 105.290 0.267
201806 0.899 106.317 1.094
201809 0.819 106.507 0.995
201812 1.318 105.998 1.609
201903 0.263 107.251 0.317
201906 1.299 108.070 1.556
201909 1.590 108.329 1.900
201912 0.923 108.420 1.102
202003 1.348 108.902 1.602
202006 1.208 108.767 1.437
202009 0.299 109.815 0.352
202012 0.991 109.897 1.167
202103 -0.481 111.754 -0.557
202106 0.924 114.631 1.043
202109 0.119 115.734 0.133
202112 0.285 117.630 0.314
202203 -0.178 121.301 -0.190
202206 0.834 125.017 0.863
202209 0.605 125.227 0.625
202212 0.804 125.222 0.831
202303 0.034 127.348 0.035
202306 0.540 128.729 0.543
202309 0.376 129.860 0.375
202312 0.323 129.419 0.323

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Genworth Financial  (NYSE:GNW) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Genworth Financial's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.99/3.94
=1.52

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Genworth Financial was 2.40. The lowest was 0.26. And the median was 0.98.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Genworth Financial Cyclically Adjusted FCF per Share Related Terms

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


Genworth Financial (Genworth Financial) Business Description

Traded in Other Exchanges
N/A
Address
6620 West Broad Street, Richmond, VA, USA, 23230
Genworth Financial is a diversified insurance holding company that provides various mortgage and life insurance products. The company has three main operating business segments: Enact, U.S. Life Insurance, and Runoff. The company's product portfolio includes various financial products such as traditional life insurance, mortgage insurance, fixed annuities, and variable annuities. most of the revenue is generated by the company's U.S. life insurance segment that offers long-term care insurance, fixed annuity, and traditional life insurance products. The company earns most of its revenue in the United States.
Executives
Thomas J Mcinerney director, officer: President and CEO; Director 6620 WEST BROAD STREET, RICHMOND VA 23230
Cristina E. Ahn officer: VP and Controller C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Kelly A Saltzgaber officer: EVP & Chief Investment Officer C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Rohit Gupta officer: EVP?U.S. Mortgage Insurance C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Sheehan Daniel J Iv officer: SVP - Chief Investment Officer 6620 WEST BROAD STREET, RICHMOND VA 23230
Andrea Lynn White officer: EVP-GR & Chief of Staff C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Mark Blakeley Hodges officer: EVP and CRO C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Elaine A Sarsynski director 312 FARMINGTON AVE, FARMINGTON CT 06032
Restrepo Robert P Jr director
Melissa Hagerman officer: EVP and Chief HR Officer C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Gregory S. Karawan officer: EVP and General Counsel C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Mills Howard D. Iii director C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Jill R Goodman director 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Ramsey D. Smith director C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Karen Elizabeth Dyson director 21 RIVERSIDE DR., APT 601, COCOA FL 32922

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