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Citizens (Citizens) Cyclically Adjusted FCF per Share : $1.65 (As of Mar. 2024)


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What is Citizens 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.

Citizens's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.133. 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 $1.65 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Citizens's average Cyclically Adjusted FCF Growth Rate was -8.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -0.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 0.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 4.40% 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 Citizens was 15.20% per year. The lowest was -0.90% per year. And the median was 5.70% per year.

As of today (2024-05-15), Citizens's current stock price is $2.55. Citizens's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.65. Citizens's Cyclically Adjusted Price-to-FCF of today is 1.55.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Citizens was 8.53. The lowest was 0.97. And the median was 4.33.


Citizens Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Citizens'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.

Citizens Cyclically Adjusted FCF per Share Chart

Citizens 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 1.73 1.71 1.75 1.80 1.69

Citizens 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 1.80 1.79 1.76 1.69 1.65

Competitive Comparison of Citizens's Cyclically Adjusted FCF per Share

For the Insurance - Life subindustry, Citizens'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.


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

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

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



Citizens 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, Citizens'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)
=0.133/129.4194*129.4194
=0.133

Current CPI (Mar. 2024) = 129.4194.

Citizens Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.456 100.560 0.587
201409 0.467 100.428 0.602
201412 0.619 99.070 0.809
201503 0.338 99.621 0.439
201506 0.455 100.684 0.585
201509 0.455 100.392 0.587
201512 0.481 99.792 0.624
201603 0.414 100.470 0.533
201606 0.435 101.688 0.554
201609 0.513 101.861 0.652
201612 0.636 101.863 0.808
201703 0.423 102.862 0.532
201706 0.425 103.349 0.532
201709 0.502 104.136 0.624
201712 0.480 104.011 0.597
201803 0.438 105.290 0.538
201806 0.396 106.317 0.482
201809 0.469 106.507 0.570
201812 0.359 105.998 0.438
201903 0.359 107.251 0.433
201906 0.266 108.070 0.319
201909 0.385 108.329 0.460
201912 0.423 108.420 0.505
202003 0.279 108.902 0.332
202006 0.285 108.767 0.339
202009 0.106 109.815 0.125
202012 0.286 109.897 0.337
202103 0.035 111.754 0.041
202106 0.127 114.631 0.143
202109 0.293 115.734 0.328
202112 0.326 117.630 0.359
202203 0.238 121.301 0.254
202206 0.200 125.017 0.207
202209 0.342 125.227 0.353
202212 0.338 125.222 0.349
202303 0.144 127.348 0.146
202306 0.096 128.729 0.097
202309 0.060 129.860 0.060
202312 0.127 129.419 0.127
202403 0.133 129.419 0.133

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


Citizens  (NYSE:CIA) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.55/1.65
=1.55

* 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 Citizens was 8.53. The lowest was 0.97. And the median was 4.33.


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.


Citizens Cyclically Adjusted FCF per Share Related Terms

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


Citizens (Citizens) Business Description

Industry
Traded in Other Exchanges
N/A
Address
11815 Alterra Parkway, Suite 1500, Austin, TX, USA, 78758
Citizens Inc is an insurance holding company serving the life insurance needs of individuals in the United States. The company provides insurance benefits to residents in 32 U.S. states and more than 70 countries through its insurance subsidiaries. The company operates in two business segments namely the Life Insurance segment and the Home Service Insurance segment. The company majority generates revenues from Life Insurance segment.
Executives
James Keith Morgan director PO BOX 149151, AUSTIN TX 78714
Christopher W Claus director TRUECAR, INC., 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Jeffery P. Conklin officer: VP, CFO & Treasurer 2900 ESPERANZA CROSSING, 2ND FL, AUSTIN TX 78758
Gerald W Shields director, officer: President & CEO 11815 ALTERRA PARKWAY, SUITE 1500, AUSTIN TX 78758
Harvey J. Waite officer: VP, Chief Actuary 2900 ESPERANZA CROSSING, 2ND FLOOR, AUSTIN TX 78758
Mary Taylor director PO BOX 149151, AUSTIN TX 78714
Cynthia H Davis director PO BOX 149151, AUSTIN TX 78714
Davis Jerry Dodd Jr. director 11815 ALTERRA PARKWAY, SUITE 1500, AUSTIN TX 78758
Terry Sam Maness director 2900 ESPERANZA CROSSING, 2ND FL, AUSTIN TX 78758
Errol Dean Gage director 2900 ESPERANZA CROSSING, 2ND FL, AUSTIN TX 78758
Frank A Keating director 6100 N WESTERN AVENUE, OKLAHOMA CITY OK 73118
Mauldin Robert M Iii officer: VP, Chief Marketing Officer 2900 ESPERANZA CROSSING, 2ND FL, AUSTIN TX 78758
Sheryl L Kinlaw officer: Chief Legal Officer 11815 ALTERRA PKWY, FLOOR 15, AUSTIN TX 78758
Sloan Robert B Jr director 11815 ALTERRA PKWY, SUITE 1500, AUSTIN TX 78758
Fred L. Quatro director 2901 PENNY LANE, EULESS TX 76039