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The Hartford Financial Services Group (The Hartford Financial Services Group) Cyclically Adjusted FCF per Share : $9.80 (As of Mar. 2024)


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What is The Hartford Financial Services Group 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.

The Hartford Financial Services Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was $3.460. 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 $9.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, The Hartford Financial Services Group's average Cyclically Adjusted FCF Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -2.50% 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 The Hartford Financial Services Group was 14.50% per year. The lowest was -14.00% per year. And the median was -1.70% per year.

As of today (2024-04-28), The Hartford Financial Services Group's current stock price is $95.30. The Hartford Financial Services Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $9.80. The Hartford Financial Services Group's Cyclically Adjusted Price-to-FCF of today is 9.72.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of The Hartford Financial Services Group was 10.80. The lowest was 2.40. And the median was 7.55.


The Hartford Financial Services Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for The Hartford Financial Services Group'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.

The Hartford Financial Services Group Cyclically Adjusted FCF per Share Chart

The Hartford Financial Services Group 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 6.05 6.36 7.37 8.30 9.54

The Hartford Financial Services Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.64 8.65 9.15 9.54 9.80

Competitive Comparison of The Hartford Financial Services Group's Cyclically Adjusted FCF per Share

For the Insurance - Property & Casualty subindustry, The Hartford Financial Services Group'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.


The Hartford Financial Services Group's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

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



The Hartford Financial Services Group 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, The Hartford Financial Services Group'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)
=3.46/129.4194*129.4194
=3.460

Current CPI (Mar. 2024) = 129.4194.

The Hartford Financial Services Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.385 100.560 0.495
201409 0.759 100.428 0.978
201412 2.092 99.070 2.733
201503 0.897 99.621 1.165
201506 1.444 100.684 1.856
201509 1.889 100.392 2.435
201512 1.546 99.792 2.005
201603 0.773 100.470 0.996
201606 0.916 101.688 1.166
201609 1.391 101.861 1.767
201612 1.616 101.863 2.053
201703 0.486 102.862 0.611
201706 1.689 103.349 2.115
201709 1.616 104.136 2.008
201712 1.515 104.011 1.885
201803 1.849 105.290 2.273
201806 1.477 106.317 1.798
201809 1.541 106.507 1.873
201812 2.606 105.998 3.182
201903 0.710 107.251 0.857
201906 1.920 108.070 2.299
201909 3.862 108.329 4.614
201912 2.781 108.420 3.320
202003 0.762 108.902 0.906
202006 2.619 108.767 3.116
202009 3.775 109.815 4.449
202012 3.264 109.897 3.844
202103 2.032 111.754 2.353
202106 2.270 114.631 2.563
202109 3.556 115.734 3.976
202112 3.373 117.630 3.711
202203 1.180 121.301 1.259
202206 2.797 125.017 2.895
202209 4.523 125.227 4.674
202212 3.196 125.222 3.303
202303 2.580 127.348 2.622
202306 -0.316 128.729 -0.318
202309 5.563 129.860 5.544
202312 5.121 129.419 5.121
202403 3.460 129.419 3.460

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


The Hartford Financial Services Group  (NYSE:HIG) 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.

The Hartford Financial Services Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=95.30/9.8
=9.72

* 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 The Hartford Financial Services Group was 10.80. The lowest was 2.40. And the median was 7.55.


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.


The Hartford Financial Services Group Cyclically Adjusted FCF per Share Related Terms

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


The Hartford Financial Services Group (The Hartford Financial Services Group) Business Description

Traded in Other Exchanges
Address
One Hartford Plaza, Hartford, CT, USA, 06155
The Hartford Financial Services Group Inc offers a diverse range of property and casualty insurance, group benefits, and mutual fund services to a customer base of individuals and corporations. It operates in five segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, and Hartford Funds, as well as a Corporate category.
Executives
Christopher Swift officer: Executive VP and CFO HARBORSIDE FINANCIAL CENTER, 3200 PLAZA 5, JERSEY CITY NJ 07311
Amy Stepnowski officer: EVP ONE HARTFORD PLAZA, HARTFORD CT 06155
Stephanie C Bush officer: EVP ONE HARTFORD PLAZA, HARTFORD CT 06155
Robert W Paiano officer: EVP & Chief Risk Officer ONE HARTFORD PLAZA, HARTFORD CT 06155
Jonathan R Bennett officer: Executive Vice President THE HARTFORD, ONE HARTFORD PLAZA, HARTFORD CT 06155
Allison G Niderno officer: SVP & Controller ONE HARTFORD PLAZA, HARTFORD CT 06155
Beth Ann Bombara officer: Sr.Vice Pres. and Controller ONE HARTFORD PLAZA, HARTFORD CT 06155
Adin M Tooker officer: EVP ONE HARTFORD PLAZA, HARTFORD CT 06155
Michael R Fisher officer: EVP ONE HARTFORD PLAZA, HARTFORD CT 06155
David C Robinson officer: EVP and General Counsel ONE HARTFORD PLAZA, HARTFORD CT 06155
Douglas G Elliot officer: Executive Vice President TRAVELERSJ PROPERTY CASUALTY CORP, ONE TOWER SQ, HARTFORD CT 06118
Edmund Reese director C/O BROADRIDGE FINANCIAL SOLUTIONS, INC., 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Scott R. Lewis officer: SVP and Controller ONE HARTFORD PLAZA, HARTFORD CT 06155
Allardice Robert B. Iii director ONE HARTFORD PLAZA, HO-01-09, HARTFORD CT 06155
Claire H. Burns officer: Executive Vice President ONE HARTFORD PLAZA, HARTFORD CT 06155