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Porto Seguro (BSP:PSSA3) Cyclically Adjusted FCF per Share : R$1.30 (As of Mar. 2024)


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What is Porto Seguro 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.

Porto Seguro's adjusted free cash flow per share for the three months ended in Mar. 2024 was R$0.984. 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$1.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Porto Seguro's average Cyclically Adjusted FCF Growth Rate was 10.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.90% 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 Porto Seguro was 15.50% per year. The lowest was 1.60% per year. And the median was 11.60% per year.

As of today (2024-06-09), Porto Seguro's current stock price is R$29.92. Porto Seguro's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$1.30. Porto Seguro's Cyclically Adjusted Price-to-FCF of today is 23.02.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Porto Seguro was 41.56. The lowest was 11.96. And the median was 23.59.


Porto Seguro Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Porto Seguro'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.

Porto Seguro Cyclically Adjusted FCF per Share Chart

Porto Seguro 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 0.87 1.02 1.05 1.34 1.07

Porto Seguro 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 1.18 1.21 1.43 1.07 1.30

Competitive Comparison of Porto Seguro's Cyclically Adjusted FCF per Share

For the Insurance - Diversified subindustry, Porto Seguro'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.


Porto Seguro's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

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



Porto Seguro 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, Porto Seguro'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)
=0.984/159.3724*159.3724
=0.984

Current CPI (Mar. 2024) = 159.3724.

Porto Seguro Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.872 91.838 1.513
201409 0.047 92.602 0.081
201412 0.523 94.194 0.885
201503 0.363 97.799 0.592
201506 -0.246 100.006 -0.392
201509 0.071 101.392 0.112
201512 0.670 104.247 1.024
201603 0.355 106.979 0.529
201606 -0.955 108.851 -1.398
201609 0.645 109.986 0.935
201612 0.209 110.802 0.301
201703 -0.457 111.869 -0.651
201706 1.092 112.115 1.552
201709 1.274 112.777 1.800
201712 -0.786 114.068 -1.098
201803 -0.647 114.868 -0.898
201806 1.185 117.038 1.614
201809 -0.302 117.881 -0.408
201812 0.751 118.340 1.011
201903 -0.180 120.124 -0.239
201906 1.936 120.977 2.550
201909 -0.516 121.292 -0.678
201912 -0.049 123.436 -0.063
202003 0.993 124.092 1.275
202006 4.558 123.557 5.879
202009 -2.342 125.095 -2.984
202012 -1.932 129.012 -2.387
202103 -0.090 131.660 -0.109
202106 0.274 133.871 0.326
202109 0.728 137.913 0.841
202112 0.213 141.992 0.239
202203 0.308 146.537 0.335
202206 1.761 149.784 1.874
202209 -2.350 147.800 -2.534
202212 1.137 150.207 1.206
202303 -2.052 153.352 -2.133
202306 0.820 154.519 0.846
202309 4.283 155.464 4.391
202312 -3.669 157.148 -3.721
202403 0.984 159.372 0.984

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


Porto Seguro  (BSP:PSSA3) 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.

Porto Seguro's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=29.92/1.3
=23.02

* 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 Porto Seguro was 41.56. The lowest was 11.96. And the median was 23.59.


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.


Porto Seguro Cyclically Adjusted FCF per Share Related Terms

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


Porto Seguro (BSP:PSSA3) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Alameda Barao de Piracicaba, No. 740, Bloco B (Edifício Rosa Garfinkel) – 11th Floor, Campos Eliseos, Sao Paulo, SP, BRA
Porto Seguro SA is one of Brazil's largest diversified insurance companies that cover vehicles and residential homes. The company provides a wide range of services including risk underwriting analysis, bike assistance, and surveillance. Porto Seguro has also implemented credit card and mobile products. The company aims to provide products that meet several market segments' needs through the following brands: Porto Seguro, Itau Auto e Residencia, and Azul Seguros. Porto Seguro's operating structure is split between brokers, service providers, automotive centers, and branches.

Porto Seguro (BSP:PSSA3) Headlines

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