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SiriusPoint (SiriusPoint) Cyclically Adjusted FCF per Share : $1.15 (As of Mar. 2024)


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What is SiriusPoint 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.

SiriusPoint's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.320. 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 $1.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SiriusPoint's average Cyclically Adjusted FCF Growth Rate was 38.60% 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.

As of today (2024-05-21), SiriusPoint's current stock price is $12.89. SiriusPoint's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.15. SiriusPoint's Cyclically Adjusted Price-to-FCF of today is 11.21.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SiriusPoint was 18.17. The lowest was 6.87. And the median was 10.92.


SiriusPoint Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SiriusPoint'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.

SiriusPoint Cyclically Adjusted FCF per Share Chart

SiriusPoint 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 - - 0.52 0.77 1.10

SiriusPoint 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 0.83 0.91 0.94 1.10 1.15

Competitive Comparison of SiriusPoint's Cyclically Adjusted FCF per Share

For the Insurance - Reinsurance subindustry, SiriusPoint'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.


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

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

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



SiriusPoint 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, SiriusPoint'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)
=0.32/131.7762*131.7762
=0.320

Current CPI (Mar. 2024) = 131.7762.

SiriusPoint Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.160 100.560 0.210
201409 0.294 100.428 0.386
201412 0.629 99.070 0.837
201503 1.112 99.621 1.471
201506 0.117 100.684 0.153
201509 0.586 100.392 0.769
201512 -0.036 99.792 -0.048
201603 0.123 100.470 0.161
201606 0.146 101.688 0.189
201609 -0.213 101.861 -0.276
201612 -0.008 101.863 -0.010
201703 -0.176 102.862 -0.225
201706 0.012 103.349 0.015
201709 0.471 104.136 0.596
201712 -1.043 104.011 -1.321
201803 -0.363 105.290 -0.454
201806 0.491 106.317 0.609
201809 0.093 106.507 0.115
201812 -0.097 105.998 -0.121
201903 0.248 107.251 0.305
201906 0.806 108.070 0.983
201909 -0.012 108.329 -0.015
201912 0.480 108.420 0.583
202003 -0.035 108.902 -0.042
202006 0.362 108.767 0.439
202009 0.160 109.815 0.192
202012 0.300 109.897 0.360
202103 -0.413 111.754 -0.487
202106 0.380 114.631 0.437
202109 0.089 115.734 0.101
202112 -0.157 117.630 -0.176
202203 0.001 121.301 0.001
202206 0.281 125.017 0.296
202209 1.248 125.227 1.313
202212 0.299 125.222 0.315
202303 0.574 127.348 0.594
202306 0.672 128.729 0.688
202309 0.959 129.860 0.973
202312 1.201 129.419 1.223
202403 0.320 131.776 0.320

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


SiriusPoint  (NYSE:SPNT) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=12.89/1.15
=11.21

* 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 SiriusPoint was 18.17. The lowest was 6.87. And the median was 10.92.


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.


SiriusPoint Cyclically Adjusted FCF per Share Related Terms

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


SiriusPoint (SiriusPoint) Business Description

Industry
Traded in Other Exchanges
Address
3 Waterloo Lane, Point Building, Pembroke, BMU, HM 08
SiriusPoint Ltd provides property and casualty reinsurance coverage to insurance and reinsurance companies in the United States, Bermuda, the United Kingdom, and Europe. The company operates through two operating segments: Reinsurance and Insurance & Services. The company's product portfolio consists of reinsurance contracts for property insurance including both residential and commercial properties, workers' compensation, personal automobile, businesses' general liability insurance, professional liability insurance to protect professional advisors and service providers, agriculture insurance, and mortgage insurance.
Executives
Wei Han Tan director SUITE 1307, BEA TOWER, 66 HUA YUAN SHI QIAO ROAD, SHANGHAI F4 200120
De La Gueronniere Rafe director THE WATERFRONT, CHESNEY HOUSE, 96 PITTS BAY ROAD, PEMBROKE D0 HM 08
Mehdi Mahmud director 1345 AVENUES OF AMERICAS, 48TH FLOOR, NEW YORK NY 10105
Daniel S Loeb director THIRD POINT LLC, 390 PARK AVENUE, NEW YORK NY 10022
Bronislaw Edmund Masojada director POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Robin Gibbs officer: CEO, SiriusPoint International POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Gretchen A. Hayes director POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Stephen Yendall officer: Chief Financial Officer POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Scott Egan director, officer: Chief Executive Officer POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Jason Robart director POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Andreas Kull officer: Chief Risk Officer POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Daniel V. Malloy officer: EVP, Underwriting THE WATERFRONT, CHESNEY HOUSE, 96 PITTS BAY ROAD, PEMBROKE D0 HM 08
Anthony L Lehan officer: Chief Accounting Officer POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Ming Zhang officer: Chief Investment Officer POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Franklin Iv Montross director POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08

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