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Selective Insurance Group (Selective Insurance Group) Cyclically Adjusted FCF per Share : $9.48 (As of Dec. 2023)


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What is Selective Insurance 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.

Selective Insurance Group's adjusted free cash flow per share for the three months ended in Dec. 2023 was $3.748. 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 $9.48 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Selective Insurance Group's average Cyclically Adjusted FCF Growth Rate was 8.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 16.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.70% 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 Selective Insurance Group was 17.40% per year. The lowest was -4.20% per year. And the median was 4.85% per year.

As of today (2024-04-28), Selective Insurance Group's current stock price is $100.13. Selective Insurance Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $9.48. Selective Insurance Group's Cyclically Adjusted Price-to-FCF of today is 10.56.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Selective Insurance Group was 15.41. The lowest was 4.20. And the median was 10.57.


Selective Insurance Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Selective Insurance 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.

Selective Insurance Group Cyclically Adjusted FCF per Share Chart

Selective Insurance 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 5.40 6.02 7.46 8.73 9.48

Selective Insurance Group 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 8.73 9.03 9.23 9.36 9.48

Competitive Comparison of Selective Insurance Group's Cyclically Adjusted FCF per Share

For the Insurance - Property & Casualty subindustry, Selective Insurance 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.


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

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

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



Selective Insurance 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, Selective Insurance Group'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)
=3.748/129.4194*129.4194
=3.748

Current CPI (Dec. 2023) = 129.4194.

Selective Insurance Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.526 99.695 0.683
201406 0.625 100.560 0.804
201409 1.444 100.428 1.861
201412 1.187 99.070 1.551
201503 0.979 99.621 1.272
201506 1.756 100.684 2.257
201509 1.538 100.392 1.983
201512 1.999 99.792 2.592
201603 0.177 100.470 0.228
201606 0.692 101.688 0.881
201609 1.926 101.861 2.447
201612 2.490 101.863 3.164
201703 0.331 102.862 0.416
201706 1.162 103.349 1.455
201709 3.205 104.136 3.983
201712 1.456 104.011 1.812
201803 -0.165 105.290 -0.203
201806 1.600 106.317 1.948
201809 3.279 106.507 3.984
201812 2.626 105.998 3.206
201903 0.643 107.251 0.776
201906 1.833 108.070 2.195
201909 2.379 108.329 2.842
201912 2.585 108.420 3.086
202003 0.507 108.902 0.603
202006 2.565 108.767 3.052
202009 2.960 109.815 3.488
202012 2.796 109.897 3.293
202103 2.083 111.754 2.412
202106 2.604 114.631 2.940
202109 4.047 115.734 4.526
202112 3.616 117.630 3.978
202203 1.398 121.301 1.492
202206 2.373 125.017 2.457
202209 3.851 125.227 3.980
202212 5.125 125.222 5.297
202303 2.139 127.348 2.174
202306 2.525 128.729 2.539
202309 3.662 129.860 3.650
202312 3.748 129.419 3.748

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


Selective Insurance Group  (NAS:SIGI) 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.

Selective Insurance Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=100.13/9.48
=10.56

* 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 Selective Insurance Group was 15.41. The lowest was 4.20. And the median was 10.57.


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.


Selective Insurance Group Cyclically Adjusted FCF per Share Related Terms

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


Selective Insurance Group (Selective Insurance Group) Business Description

Traded in Other Exchanges
Address
40 Wantage Avenue, Branchville, NJ, USA, 07890
Selective Insurance Group Inc is a regional property-casualty insurer based in New Jersey, with its operations focused in the New York metropolitan area. Since 1977, Selective has focused its sales efforts on small businesses, offering commercial products that include workers' compensation, general liability, property, and auto insurance. Selective also has a small personal insurance segment (under 20% of total premiums), selling auto and homeowner's coverage.
Executives
John J. Marchioni officer: EVP, Chief Field Ops Officer 40 WANTAGE AVENUE, BRANCHVILLE X1 07890
Jeffrey F. Kamrowski officer: EVP, MUSIC 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890
Joseph Eppers officer: EVP, Chief Investment Officer 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890
Anthony D. Harnett officer: SVP, Chief Accounting Officer 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890
Cynthia S Nicholson director 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890
Wole C Coaxum director 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890
Brenda M Hall officer: EVP, CL Chief Op Officer 40 WANTAGE AVE., BRANCHVILLE NJ 07890
Vincent M Senia officer: EVP, Chief Actuary 40 WANTAGE AVE., BRANCHVILLE NJ 07461
John Burville director ACE LTD, ACE BLDG 30 WOODBOURNE AVE HAMILTON BER
Michael J. Morrissey director 40 WANTAGE AVENUE, BRANCHVILLE X1 07890
J Brian Thebault director 40 WANTAGE AVE, BRANCHVILLE NJ 07890
Gregory E Murphy director, officer: Chairman, Chief Executive Offi 40 WANTAGE AVE, BRANCHVILLE NJ 07890
Michael H Lanza officer: Sr. VP and General Counsel 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890
Paul Kush officer: EVP, Chief Claims Officer 40 WANTAGE AVE., BRANCHVILLE NJ 07890
William M Rue director 40 WANTAGE AVE, BRANCHVILLE NJ 07890