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CNA Financial (CNA Financial) Cyclically Adjusted Price-to-FCF : 6.46 (As of Apr. 27, 2024)


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What is CNA Financial Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), CNA Financial's current share price is $43.24. CNA Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $6.69. CNA Financial's Cyclically Adjusted Price-to-FCF for today is 6.46.

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

CNA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.84   Med: 7.5   Max: 12.16
Current: 6.53

During the past years, CNA Financial's highest Cyclically Adjusted Price-to-FCF was 12.16. The lowest was 4.84. And the median was 7.50.

CNA's Cyclically Adjusted Price-to-FCF is ranked better than
66.98% of 324 companies
in the Insurance industry
Industry Median: 11.03 vs CNA: 6.53

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.

CNA Financial's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.826. 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 $6.69 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CNA Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CNA Financial'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.

CNA Financial Cyclically Adjusted Price-to-FCF Chart

CNA Financial 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 10.23 7.56 8.01 6.80 6.32

CNA 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 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 6.80 6.11 5.97 5.91 6.32

Competitive Comparison of CNA Financial's Cyclically Adjusted Price-to-FCF

For the Insurance - Property & Casualty subindustry, CNA 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.


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

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

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



CNA Financial 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=43.24/6.69
=6.46

* 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.

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

For example, CNA 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)
=1.826/129.4194*129.4194
=1.826

Current CPI (Dec. 2023) = 129.4194.

CNA Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.584 99.695 0.758
201406 1.486 100.560 1.912
201409 1.644 100.428 2.119
201412 1.345 99.070 1.757
201503 0.273 99.621 0.355
201506 1.511 100.684 1.942
201509 1.765 100.392 2.275
201512 1.112 99.792 1.442
201603 1.111 100.470 1.431
201606 0.912 101.688 1.161
201609 1.763 101.861 2.240
201612 0.899 101.863 1.142
201703 0.927 102.862 1.166
201706 0.717 103.349 0.898
201709 1.349 104.136 1.677
201712 1.241 104.011 1.544
201803 0.661 105.290 0.812
201806 0.360 106.317 0.438
201809 1.846 106.507 2.243
201812 1.272 105.998 1.553
201903 1.023 107.251 1.234
201906 0.811 108.070 0.971
201909 1.687 108.329 2.015
201912 0.565 108.420 0.674
202003 0.770 108.902 0.915
202006 1.585 108.767 1.886
202009 2.762 109.815 3.255
202012 1.320 109.897 1.554
202103 0.289 111.754 0.335
202106 2.203 114.631 2.487
202109 2.413 115.734 2.698
202112 2.320 117.630 2.553
202203 2.320 121.301 2.475
202206 2.183 125.017 2.260
202209 2.648 125.227 2.737
202212 1.841 125.222 1.903
202303 1.528 127.348 1.553
202306 1.757 128.729 1.766
202309 2.953 129.860 2.943
202312 1.826 129.419 1.826

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.


CNA Financial  (NYSE:CNA) 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.


CNA Financial Cyclically Adjusted Price-to-FCF Related Terms

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


CNA Financial (CNA Financial) Business Description

Industry
Traded in Other Exchanges
Address
151 N. Franklin Street, Chicago, IL, USA, 60606
CNA Financial Corporation (CNAF) is an insurance holding company that provides commercial property and casualty insurance. The company operates under five segments: Specialty, Commercial and International being its core business and two segments for its non-core businesses, which are Life and Group and Corporate and Other. CNAF, through its segments, provides professional, financial, specialty property and casualty products to small businesses and medium scale organizations. It has its business spread across Continental Europe, United Kingdom, and Canada. The majority of the revenues are generated from the Specialty and Commercial segment of the business.
Executives
Douglas Worman officer: EVP & Chief Underwriting Off 151 N. FRANKLIN, CHICAGO IL 60606
Susan Ann Stone officer: EVP & General Counsel 151 N. FRANKLIN ST., CHICAGO IL 60606
Loews Corp 10 percent owner 9 WEST 57TH STREET, NEW YORK NY 10019-2714
Jane Elizabeth Possell officer: EVP & CIO 151 N. FRANKLIN ST., CHICAGO IL 60606
Mark Steven James officer: EVP, Chief Risk & Rein Off 151 N. FRANKLIN STREET, CHICAGO IL 60606
Daniel Paul Franzetti officer: EVP, Claims 151 N. FRANKLIN ST., CHICAGO IL 60606
Michael A Bless director C/O ROCKWELL INTERNATIONAL INC, 777 E. WISCONSIN AVE #1400, MILWAUKEE WI 53202
Scott R Lindquist officer: EVP & CFO 151 N. FRANKLIN STREET, CHICAGO IL 60606
Amy Marie Smith officer: SVP & CAO 151 N. FRANKLIN STREET, CHICAGO IL 60606
Elizabeth Ann Aguinaga officer: EVP, Chief HR Officer 151 N. FRANKLIN, CHICAGO IL 60606
Gary Haase officer: EVP & COO 151 N. FRANKLIN ST., CHICAGO IL 60606
Dino Robusto director, officer: Chairman & CEO 151 N. FRANKLIN, CHICAGO IL 60606
Jalil Rehman officer: Pres. & CEO for UK and Europe 20 FENCHURCH STREET, LONDON X0 EC3M 3BY
Nick Creatura officer: President & CEO for Canada 66 WELLINGTON STREET WEST, SUITE 3700, TORONTO A6 M5K 1J5
Robert Joseph Hopper officer: EVP, Actuary 151 N. FRANKLIN ST., CHICAGO IL 60606