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United Fire Group (United Fire Group) Cyclically Adjusted Price-to-FCF : 4.28 (As of Jun. 08, 2024)


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What is United Fire Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), United Fire Group's current share price is $21.35. United Fire Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $4.99. United Fire Group's Cyclically Adjusted Price-to-FCF for today is 4.28.

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

UFCS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.33   Med: 7.11   Max: 11.15
Current: 4.28

During the past years, United Fire Group's highest Cyclically Adjusted Price-to-FCF was 11.15. The lowest was 3.33. And the median was 7.11.

UFCS's Cyclically Adjusted Price-to-FCF is ranked better than
79.2% of 327 companies
in the Insurance industry
Industry Median: 10.97 vs UFCS: 4.28

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.

United Fire Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $1.299. 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 $4.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Fire Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for United Fire Group'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.

United Fire Group Cyclically Adjusted Price-to-FCF Chart

United Fire Group 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 8.12 4.79 4.31 5.64 4.14

United Fire 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 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 5.60 4.75 3.95 4.14 4.36

Competitive Comparison of United Fire Group's Cyclically Adjusted Price-to-FCF

For the Insurance - Property & Casualty subindustry, United Fire 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.


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

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

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



United Fire Group 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.

United Fire Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=21.35/4.99
=4.28

* 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.

United Fire Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, United Fire 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)
=1.299/131.7762*131.7762
=1.299

Current CPI (Mar. 2024) = 131.7762.

United Fire Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.385 100.560 1.815
201409 1.205 100.428 1.581
201412 2.424 99.070 3.224
201503 0.477 99.621 0.631
201506 2.988 100.684 3.911
201509 1.028 100.392 1.349
201512 2.621 99.792 3.461
201603 1.358 100.470 1.781
201606 1.686 101.688 2.185
201609 1.694 101.861 2.192
201612 3.251 101.863 4.206
201703 1.463 102.862 1.874
201706 2.750 103.349 3.506
201709 -0.145 104.136 -0.183
201712 1.888 104.011 2.392
201803 0.775 105.290 0.970
201806 1.285 106.317 1.593
201809 -0.280 106.507 -0.346
201812 1.231 105.998 1.530
201903 -0.051 107.251 -0.063
201906 0.661 108.070 0.806
201909 0.500 108.329 0.608
201912 1.304 108.420 1.585
202003 -0.385 108.902 -0.466
202006 0.072 108.767 0.087
202009 -0.822 109.815 -0.986
202012 2.033 109.897 2.438
202103 0.617 111.754 0.728
202106 0.455 114.631 0.523
202109 -0.796 115.734 -0.906
202112 0.337 117.630 0.378
202203 -0.036 121.301 -0.039
202206 -0.695 125.017 -0.733
202209 -0.553 125.227 -0.582
202212 1.105 125.222 1.163
202303 -0.369 127.348 -0.382
202306 1.649 128.729 1.688
202309 4.270 129.860 4.333
202312 0.767 129.419 0.781
202403 1.299 131.776 1.299

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.


United Fire Group  (NAS:UFCS) 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.


United Fire Group Cyclically Adjusted Price-to-FCF Related Terms

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


United Fire Group (United Fire Group) Business Description

Traded in Other Exchanges
N/A
Address
118 Second Avenue SE, Cedar Rapids, IA, USA, 52401
United Fire Group Inc is engaged in the business of writing property and casualty insurance and selling annuities through a network of independent agencies. The company's only operating segment is property and casualty insurance, which includes commercial lines insurance, personal lines insurance, and assumed reinsurance. The primary source of revenue is premiums and investment income.
Executives
Robert Francis Cataldo officer: VP & Strategy Officer 118 SECOND AVENUE SE, CEDAR RAPIDS IA 52401
Micah G Woolstenhulme officer: VP 118 2ND AVE SE, CEDAR RAPIDS IA 52401
George D Milligan director 118 2ND AVE SE, CEDAR RAPIDS IA 52401
Christopher R Drahozal director 2001 RIVIERA COURT, LAWRENCE KS 66047-1999
Julie A Stephenson officer: Executive VP & COO 118 2ND AVE SE, CEDAR RAPIDS IA 52401
Eric J Martin officer: Chief Financial Officer 118 SECOND AVE SE, CEDAR RAPIDS IA 52407
Mark A. Green director 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Kevin James Leidwinger director, officer: Director, CEO 151 N. FRANKLIN, CHICAGO IL 60606
Sarah E Madsen officer: Chief Legal Officer 118 SECOND AVE SE, CEDAR RAPIDS IA 52401
Jeremy Bahl officer: VP & Chief UW Officer 118 SECOND AVE SE, CEDAR RAPIDS IA 52401
Kyle D. Skogman director 411 FIRST AVENUE SE, CEDAR RAPIDS IA 52401
Lura E Mcbride director 118 2ND AVE SE, CEDAR RAPIDS IA 52401
Mary K. Quass director 2875 MT. VERNON RD SE, CEDAR RAPIDS IA 52403
James Noyce director 5400 UNIVERSITY AVENUE, WEST DES MOINES IA 50266
Matthew R Foran director 118 2ND AVE SE, CEDAR RAPIDS IA 52401