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Talanx AG (XTER:TLX) Cyclically Adjusted FCF per Share : €0.00 (As of Dec. 2023)


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What is Talanx AG 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.

Talanx AG's adjusted free cash flow per share for the three months ended in Dec. 2023 was €0.000. 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 Dec. 2023.

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 (2024-05-18), Talanx AG's current stock price is €71.65. Talanx AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.00. Talanx AG's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Talanx AG was 1.77. The lowest was 1.19. And the median was 1.49.


Talanx AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Talanx AG'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.

Talanx AG Cyclically Adjusted FCF per Share Chart

Talanx AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
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Talanx AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Talanx AG's Cyclically Adjusted FCF per Share

For the Insurance - Diversified subindustry, Talanx AG'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.


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

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

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



Talanx AG 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, Talanx AG's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/123.7729*123.7729
=0.000

Current CPI (Dec. 2023) = 123.7729.

Talanx AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 6.151 99.543 7.648
201406 6.278 99.543 7.806
201409 5.178 99.823 6.420
201412 3.457 99.543 4.298
201503 12.527 99.717 15.549
201506 2.464 100.417 3.037
201509 2.013 100.417 2.481
201512 5.221 99.717 6.481
201603 5.684 100.017 7.034
201606 5.107 100.717 6.276
201609 3.321 101.017 4.069
201612 1.080 101.217 1.321
201703 8.480 101.417 10.349
201706 4.652 102.117 5.639
201709 4.135 102.717 4.983
201712 0.084 102.617 0.101
201803 9.878 102.917 11.880
201806 2.563 104.017 3.050
201809 4.859 104.718 5.743
201812 -3.796 104.217 -4.508
201903 10.887 104.217 12.930
201906 7.239 105.718 8.475
201909 6.550 106.018 7.647
201912 0.561 105.818 0.656
202003 2.368 105.718 2.772
202006 9.019 106.618 10.470
202009 6.859 105.818 8.023
202012 4.135 105.518 4.850
202103 0.000 107.518 0.000
202106 0.000 108.486 0.000
202109 0.000 109.435 0.000
202112 0.000 110.384 0.000
202203 0.000 113.968 0.000
202206 0.000 115.760 0.000
202209 0.000 118.818 0.000
202212 0.000 119.345 0.000
202303 0.000 122.402 0.000
202306 0.000 123.140 0.000
202309 0.000 124.195 0.000
202312 0.000 123.773 0.000

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


Talanx AG  (XTER:TLX) 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 Talanx AG was 1.77. The lowest was 1.19. And the median was 1.49.


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.


Talanx AG Cyclically Adjusted FCF per Share Related Terms

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


Talanx AG (XTER:TLX) Business Description

Industry
Traded in Other Exchanges
Address
HDI-Platz 1, Hannover, NI, DEU, 30659
Talanx is the third largest insurer in Germany. It sells insurance to businesses, personal lines insurance, and also reinsurance. The origins of Talanx go back to the early 1900s and the founding of two mutuals in Germany, HDI and FSV, that were set up to provide liability insurance to the German iron and steel industry, and fire insurance to the German mining industry because of a growing dissatisfaction with their insurance providers, respectively. These two mutuals merged to form Halfplichtverband der Deutschen Industrie, or HDI, in 1970. Over the years companies outside of metals and mining have joined the mutual.HDI started providing reinsurance services in the mid-1920s and private insurance in the 1950s, and today, HDI owns over three quarters of Talanx.
Executives
Sebastian Gascard Supervisory Board

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