GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » HCI Group Inc (FRA:0H5) » Definitions » Cyclically Adjusted FCF per Share

HCI Group (FRA:0H5) Cyclically Adjusted FCF per Share : €8.00 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is HCI 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.

HCI Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was €13.200. 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 €8.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, HCI Group's average Cyclically Adjusted FCF Growth Rate was 27.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.10% 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 HCI Group was 14.70% per year. The lowest was 2.40% per year. And the median was 5.40% per year.

As of today (2024-06-07), HCI Group's current stock price is €88.00. HCI Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €8.00. HCI Group's Cyclically Adjusted Price-to-FCF of today is 11.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of HCI Group was 19.08. The lowest was 4.43. And the median was 8.47.


HCI Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for HCI 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.

HCI Group Cyclically Adjusted FCF per Share Chart

HCI 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 5.00 5.16 6.45 5.83 6.71

HCI 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 6.12 5.40 5.93 6.71 8.00

Competitive Comparison of HCI Group's Cyclically Adjusted FCF per Share

For the Insurance - Property & Casualty subindustry, HCI 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.


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

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

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



HCI 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, HCI 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)
=13.2/131.7762*131.7762
=13.200

Current CPI (Mar. 2024) = 131.7762.

HCI Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.558 100.560 2.042
201409 0.256 100.428 0.336
201412 1.756 99.070 2.336
201503 4.796 99.621 6.344
201506 1.463 100.684 1.915
201509 2.223 100.392 2.918
201512 -4.947 99.792 -6.533
201603 2.517 100.470 3.301
201606 3.503 101.688 4.539
201609 1.779 101.861 2.301
201612 -0.352 101.863 -0.455
201703 1.991 102.862 2.551
201706 0.466 103.349 0.594
201709 1.916 104.136 2.425
201712 -3.668 104.011 -4.647
201803 -1.027 105.290 -1.285
201806 3.003 106.317 3.722
201809 0.092 106.507 0.114
201812 -0.146 105.998 -0.182
201903 1.137 107.251 1.397
201906 1.550 108.070 1.890
201909 1.012 108.329 1.231
201912 1.407 108.420 1.710
202003 6.753 108.902 8.171
202006 4.547 108.767 5.509
202009 -2.899 109.815 -3.479
202012 -0.062 109.897 -0.074
202103 2.998 111.754 3.535
202106 6.154 114.631 7.074
202109 -5.116 115.734 -5.825
202112 4.150 117.630 4.649
202203 4.805 121.301 5.220
202206 -3.994 125.017 -4.210
202209 -4.925 125.227 -5.183
202212 1.960 125.222 2.063
202303 8.397 127.348 8.689
202306 -7.983 128.729 -8.172
202309 5.735 129.860 5.820
202312 12.163 129.419 12.384
202403 13.200 131.776 13.200

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


HCI Group  (FRA:0H5) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=88.00/8
=11.00

* 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 HCI Group was 19.08. The lowest was 4.43. And the median was 8.47.


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.


HCI Group Cyclically Adjusted FCF per Share Related Terms

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


HCI Group (FRA:0H5) Business Description

Industry
Traded in Other Exchanges
Address
3802 Coconut Palm Drive, Tampa, FL, USA, 33619
HCI Group Inc is primarily engaged in the property and casualty insurance business through two Florida domiciled insurance companies, Homeowners Choice Property & Casualty Insurance Company (HCPCI) and TypTap Insurance Company (TypTap). Both HCPCI and TypTap are authorized to underwrite various homeowners' property and casualty insurance products and allied lines business in the state of Florida and other states. The operating segments of the group are HCPCI insurance operations, TypTap Group, Real estate operations, and Corporate and other. It derives key revenue from the HCPCI Insurance operation segment.

HCI Group (FRA:0H5) Headlines

No Headlines