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Gjensidige Forsikring ASA (Gjensidige Forsikring ASA) Cyclically Adjusted FCF per Share : $0.46 (As of Mar. 2024)


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What is Gjensidige Forsikring ASA 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.

Gjensidige Forsikring ASA's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.787. 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 $0.46 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gjensidige Forsikring ASA's average Cyclically Adjusted FCF Growth Rate was 32.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 35.70% 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 Gjensidige Forsikring ASA was 66.70% per year. The lowest was 33.60% per year. And the median was 35.70% per year.

As of today (2024-06-07), Gjensidige Forsikring ASA's current stock price is $15.40. Gjensidige Forsikring ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.46. Gjensidige Forsikring ASA's Cyclically Adjusted Price-to-FCF of today is 33.48.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Gjensidige Forsikring ASA was 2311.25. The lowest was 35.94. And the median was 125.59.


Gjensidige Forsikring ASA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Gjensidige Forsikring ASA'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.

Gjensidige Forsikring ASA Cyclically Adjusted FCF per Share Chart

Gjensidige Forsikring ASA 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 0.08 0.15 0.23 0.23 0.30

Gjensidige Forsikring ASA 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 0.34 0.27 0.31 0.30 0.46

Competitive Comparison of Gjensidige Forsikring ASA's Cyclically Adjusted FCF per Share

For the Insurance - Property & Casualty subindustry, Gjensidige Forsikring ASA'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.


Gjensidige Forsikring ASA's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

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



Gjensidige Forsikring ASA 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, Gjensidige Forsikring ASA'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)
=0.787/132.6000*132.6000
=0.787

Current CPI (Mar. 2024) = 132.6000.

Gjensidige Forsikring ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.354 97.500 1.841
201409 0.031 98.500 0.042
201412 -0.103 98.600 -0.139
201503 -0.361 99.200 -0.483
201506 0.858 100.100 1.137
201509 -0.846 100.600 -1.115
201512 -1.116 100.900 -1.467
201603 0.349 102.500 0.451
201606 0.386 103.800 0.493
201609 -0.400 104.200 -0.509
201612 0.215 104.400 0.273
201703 0.221 105.000 0.279
201706 0.138 105.800 0.173
201709 -0.142 105.900 -0.178
201712 0.101 106.100 0.126
201803 0.412 107.300 0.509
201806 -0.095 108.500 -0.116
201809 -0.119 109.500 -0.144
201812 -0.697 109.800 -0.842
201903 -0.423 110.400 -0.508
201906 -0.068 110.600 -0.082
201909 0.068 111.100 0.081
201912 0.029 111.300 0.035
202003 1.234 111.200 1.471
202006 -1.152 112.100 -1.363
202009 1.260 112.900 1.480
202012 0.054 112.900 0.063
202103 1.307 114.600 1.512
202106 -0.528 115.300 -0.607
202109 0.204 117.500 0.230
202112 0.505 118.900 0.563
202203 0.241 119.800 0.267
202206 0.048 122.600 0.052
202209 -0.146 125.600 -0.154
202212 0.243 125.900 0.256
202303 0.906 127.600 0.942
202306 0.076 130.400 0.077
202309 -0.023 129.800 -0.023
202312 -0.197 131.900 -0.198
202403 0.787 132.600 0.787

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


Gjensidige Forsikring ASA  (OTCPK:GJNSF) 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.

Gjensidige Forsikring ASA's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=15.40/0.46
=33.48

* 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 Gjensidige Forsikring ASA was 2311.25. The lowest was 35.94. And the median was 125.59.


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.


Gjensidige Forsikring ASA Cyclically Adjusted FCF per Share Related Terms

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


Gjensidige Forsikring ASA (Gjensidige Forsikring ASA) Business Description

Traded in Other Exchanges
Address
Schweigaardsgate 21, Oslo, NOR, 0191
Gjensidige Forsikring ASA is a diversified insurance company that operates in multiple business segments, including general insurance private; general insurance commercial; general insurance Denmark; general insurance Sweden; general insurance Baltics; and pension. The company provides general, accident, and health insurance products, among others. The vast majority of the company's revenue is generated from its private and commercial segments. The private segment offers a range of products in the Norwegian private market, while the commercial segment provides products to the commercial, agricultural, and municipality markets in Norway. The company considers mergers and acquisitions a component of its operational growth strategy.

Gjensidige Forsikring ASA (Gjensidige Forsikring ASA) Headlines

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