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Cigna (LIM:CI) Cyclically Adjusted FCF per Share : $0.00 (As of Mar. 2024)


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What is Cigna Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Cigna's adjusted free cash flow per share for the three months ended in Mar. 2024 was $14.381. 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 $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Cigna's average Cyclically Adjusted FCF Growth Rate was 18.20% 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 Cigna was 22.10% per year. The lowest was 0.10% per year. And the median was 8.50% per year.

As of today (2024-05-21), Cigna's current stock price is $233.80. Cigna's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.00. Cigna's Cyclically Adjusted Price-to-FCF of today is .

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


Cigna Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Cigna'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.

Cigna Cyclically Adjusted FCF per Share Chart

Cigna 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 - - 14.65 - -

Cigna 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 - - - - -

Competitive Comparison of Cigna's Cyclically Adjusted FCF per Share

For the Healthcare Plans subindustry, Cigna'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.


Cigna's Cyclically Adjusted Price-to-FCF Distribution in the Healthcare Plans Industry

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

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



Cigna 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, Cigna'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)
=14.381/131.7762*131.7762
=14.381

Current CPI (Mar. 2024) = 131.7762.

Cigna Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.382 100.560 1.811
201409 1.339 100.428 1.757
201412 2.131 99.070 2.835
201503 2.381 99.621 3.150
201506 1.211 100.684 1.585
201509 1.931 100.392 2.535
201512 3.773 99.792 4.982
201603 3.118 100.470 4.090
201606 0.786 101.688 1.019
201609 6.945 101.861 8.985
201612 2.878 101.863 3.723
201703 5.728 102.862 7.338
201706 2.338 103.349 2.981
201709 4.297 104.136 5.438
201712 1.782 104.011 2.258
201803 7.820 105.290 9.787
201806 3.584 106.317 4.442
201809 2.053 106.507 2.540
201812 -0.216 105.998 -0.269
201903 7.902 107.251 9.709
201906 1.947 108.070 2.374
201909 5.917 108.329 7.198
201912 6.414 108.420 7.796
202003 4.373 108.902 5.292
202006 8.215 108.767 9.953
202009 1.751 109.815 2.101
202012 11.009 109.897 13.201
202103 2.418 111.754 2.851
202106 -1.508 114.631 -1.734
202109 5.240 115.734 5.966
202112 12.051 117.630 13.500
202203 5.422 121.301 5.890
202206 2.920 125.017 3.078
202209 9.328 125.227 9.816
202212 5.556 125.222 5.847
202303 14.634 127.348 15.143
202306 6.636 128.729 6.793
202309 7.675 129.860 7.788
202312 3.491 129.419 3.555
202403 14.381 131.776 14.381

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


Cigna  (LIM:CI) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Cigna 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.


Cigna Cyclically Adjusted FCF per Share Related Terms

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


Cigna (LIM:CI) Business Description

Industry
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.

Cigna (LIM:CI) Headlines

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