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The Cigna Group (BSP:C1IC34) Cyclically Adjusted FCF per Share : R$27.63 (As of Mar. 2024)


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What is The Cigna 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 Cigna Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was R$19.730. 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 R$27.63 for the trailing ten years ended in Mar. 2024.

During the past 12 months, The Cigna Group's average Cyclically Adjusted FCF Growth Rate was 16.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 19.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 20.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 19.60% 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 Cigna Group was 22.10% per year. The lowest was 0.10% per year. And the median was 8.50% per year.

As of today (2024-05-15), The Cigna Group's current stock price is R$452.65. The Cigna Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$27.63. The Cigna Group's Cyclically Adjusted Price-to-FCF of today is 16.38.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of The Cigna Group was 41.19. The lowest was 12.50. And the median was 20.97.


The Cigna Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for The Cigna 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 Cigna Group Cyclically Adjusted FCF per Share Chart

The Cigna 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 - 14.90 20.06 22.73 25.06

The Cigna 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 26.77 23.17 26.61 25.06 27.63

Competitive Comparison of The Cigna Group's Cyclically Adjusted FCF per Share

For the Healthcare Plans subindustry, The Cigna 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 Cigna Group's Cyclically Adjusted Price-to-FCF Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, The Cigna Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



The Cigna 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 Cigna 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)
=19.73/129.4194*129.4194
=19.730

Current CPI (Mar. 2024) = 129.4194.

The Cigna Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.772 100.560 0.994
201409 0.783 100.428 1.009
201412 1.407 99.070 1.838
201503 1.870 99.621 2.429
201506 0.942 100.684 1.211
201509 1.884 100.392 2.429
201512 3.661 99.792 4.748
201603 2.883 100.470 3.714
201606 0.673 101.688 0.857
201609 5.648 101.861 7.176
201612 2.413 101.863 3.066
201703 4.479 102.862 5.635
201706 1.926 103.349 2.412
201709 3.365 104.136 4.182
201712 1.468 104.011 1.827
201803 6.410 105.290 7.879
201806 3.379 106.317 4.113
201809 2.109 106.507 2.563
201812 -0.210 105.998 -0.256
201903 7.588 107.251 9.156
201906 1.877 108.070 2.248
201909 6.094 108.329 7.280
201912 6.582 108.420 7.857
202003 5.342 108.902 6.348
202006 10.655 108.767 12.678
202009 2.364 109.815 2.786
202012 14.160 109.897 16.675
202103 3.406 111.754 3.944
202106 -1.896 114.631 -2.141
202109 6.916 115.734 7.734
202112 17.036 117.630 18.744
202203 6.746 121.301 7.197
202206 3.684 125.017 3.814
202209 12.554 125.227 12.974
202212 7.533 125.222 7.786
202303 20.120 127.348 20.447
202306 8.632 128.729 8.678
202309 10.068 129.860 10.034
202312 4.583 129.419 4.583
202403 19.730 129.419 19.730

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


The Cigna Group  (BSP:C1IC34) 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 Cigna Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=452.65/27.63
=16.38

* 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 Cigna Group was 41.19. The lowest was 12.50. And the median was 20.97.


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 Cigna Group Cyclically Adjusted FCF per Share Related Terms

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


The Cigna Group (BSP:C1IC34) Business Description

Industry
Traded in Other Exchanges
Address
900 Cottage Grove Road, Bloomfield, CT, USA, 06002
Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM services, which were greatly expanded by its 2018 merger with Express Scripts, are mostly sold to health insurance plans and employers. Its largest PBM contract is the Department of Defense and it recently won a deal with top-tier insurer Centene. In health insurance and other benefits, Cigna mostly serves employers through self-funding arrangements, but it also operates in government programs, such as Medicare Advantage. The company operates mostly in the U.S. with 18 million U.S. medical members covered as of the end of June 2023.

The Cigna Group (BSP:C1IC34) Headlines

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