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Axis Capital Holdings (Axis Capital Holdings) Cyclically Adjusted Price-to-FCF : 7.74 (As of Apr. 27, 2024)


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What is Axis Capital Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Axis Capital Holdings's current share price is $60.64. Axis Capital Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $7.83. Axis Capital Holdings's Cyclically Adjusted Price-to-FCF for today is 7.74.

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

AXS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.73   Med: 7.05   Max: 9.54
Current: 7.74

During the past years, Axis Capital Holdings's highest Cyclically Adjusted Price-to-FCF was 9.54. The lowest was 4.73. And the median was 7.05.

AXS's Cyclically Adjusted Price-to-FCF is ranked better than
63.27% of 324 companies
in the Insurance industry
Industry Median: 11.03 vs AXS: 7.74

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.

Axis Capital Holdings's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $3.550. 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 $7.83 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axis Capital Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Axis Capital Holdings'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.

Axis Capital Holdings Cyclically Adjusted Price-to-FCF Chart

Axis Capital Holdings 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 8.55 7.86 7.62 7.34 7.07

Axis Capital Holdings 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 7.34 7.25 6.92 7.27 7.07

Competitive Comparison of Axis Capital Holdings's Cyclically Adjusted Price-to-FCF

For the Insurance - Specialty subindustry, Axis Capital Holdings'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.


Axis Capital Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

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



Axis Capital Holdings 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.

Axis Capital Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=60.64/7.83
=7.74

* 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.

Axis Capital Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Axis Capital Holdings'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)
=3.55/129.4194*129.4194
=3.550

Current CPI (Dec. 2023) = 129.4194.

Axis Capital Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.370 99.695 1.778
201406 2.267 100.560 2.918
201409 3.295 100.428 4.246
201412 1.240 99.070 1.620
201503 -0.278 99.621 -0.361
201506 1.421 100.684 1.827
201509 5.925 100.392 7.638
201512 0.909 99.792 1.179
201603 -0.150 100.470 -0.193
201606 0.830 101.688 1.056
201609 2.244 101.861 2.851
201612 1.599 101.863 2.032
201703 -0.418 102.862 -0.526
201706 2.191 103.349 2.744
201709 1.959 104.136 2.435
201712 -0.637 104.011 -0.793
201803 -1.050 105.290 -1.291
201806 0.541 106.317 0.659
201809 2.064 106.507 2.508
201812 -1.430 105.998 -1.746
201903 -0.685 107.251 -0.827
201906 0.487 108.070 0.583
201909 3.051 108.329 3.645
201912 -0.502 108.420 -0.599
202003 -0.592 108.902 -0.704
202006 1.841 108.767 2.191
202009 2.880 109.815 3.394
202012 -0.063 109.897 -0.074
202103 1.708 111.754 1.978
202106 4.571 114.631 5.161
202109 5.569 115.734 6.228
202112 2.191 117.630 2.411
202203 1.554 121.301 1.658
202206 4.432 125.017 4.588
202209 4.763 125.227 4.922
202212 -1.389 125.222 -1.436
202303 2.591 127.348 2.633
202306 4.412 128.729 4.436
202309 4.044 129.860 4.030
202312 3.550 129.419 3.550

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.


Axis Capital Holdings  (NYSE:AXS) 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.


Axis Capital Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Axis Capital Holdings (Axis Capital Holdings) Business Description

Traded in Other Exchanges
Address
92 Pitts Bay Road, Pembroke, BMU, HM 08
Axis Capital Holdings Ltd is a property and casualty insurance company that provides various products and services to clients and distribution partners. The company has operating subsidiaries and branch networks based in Bermuda, the United States, Canada, Europe, and Singapore. Its business consists of two distinct global underwriting platforms, AXIS Insurance, and AXIS Reinsurance. The company manages its portfolio holistically, aiming to construct an optimum consolidated portfolio of funded and unfunded risks.
Executives
Henry B Smith director C/O AXIS CAPITAL HOLDINGS LIMITED, 92 PITTS BAY ROAD, PEMBROKE D0 HM 08
Daniel J Draper officer: Grp Chief Underwriting Officer 52 LIME STREET, LONDON X0 EC3M 7AF
Vincent C Tizzio officer: CEO, Specialty Ins. and Re. C/O THE NAVIGATORS GROUP, INC., 6 INTERNATIONAL DRIVE, RYE BROOK NY 10573
Axel Theis director 92 PITTS BAY ROAD, PEMBROKE D0 HM 08
Michael Millegan director C/O WIRELESS TELECOM GROUP, INC., 25 EASTMANS RD., PARSIPPANY NJ 07054
Charles A Davis director 1 CAPE MAY ST, 1 CAPE MAY ST, HARRISON NJ 07029
Thomas C. Ramey director C/O AXIS CAPITAL HOLDINGS LIMITED, 92 PITTS BAY ROAD, PEMBROKE D0 HM 08
W Marston Becker director C/O ALTERRA HOUSE, 2 FRONT STREET, HAMILTON D0 HM11
Anne Melissa Dowling director 9965 FEDERAL DRIVE, COLORADO SPRINGS CO 80921
Albert Benchimol officer: Chief Financial Officer & EVP AXIS CAPITAL HOLDINGS LIMITED, 92 PITTS BAY ROAD, PEMBROKE BERMUDA D0 HM 08
Michael A Butt director, officer: Chairman AXIS CAPITAL HOLDINGS LIMITED, 92 PITTS BAY ROAD, PEMBROKE D0 HM 08
Peter Vogt officer: EVP and CFO 1211 AVENUE OF THE AMERICAS, 24TH FLOOR, NEW YORK NY 10036
Lizabeth H Zlatkus director ONE HARTFORD PLAZA, HARTFORD CT 06155
Kent W Ziegler officer: Principal Acct Off, Controller 199 WATER STREET, 24TH FLOOR, NEW YORK NY 10038
Elanor Hardwick director C/O AXIS CAPITAL HOLDINGS LIMITED, AXIS HOUSE, 92 PITTS BAY ROAD, PEMBROKE D0 HM 08

Axis Capital Holdings (Axis Capital Holdings) Headlines