GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Watchstone Group PLC (AQSE:WTG.GB) » Definitions » Cyclically Adjusted Price-to-FCF

Watchstone Group (AQSE:WTG.GB) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Watchstone Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Watchstone Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Watchstone Group's Cyclically Adjusted Price-to-FCF 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.

Watchstone Group Cyclically Adjusted Price-to-FCF Chart

Watchstone Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.29 0.23 - -

Watchstone Group Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF 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 0.29 - 0.23 - -

Competitive Comparison of Watchstone Group's Cyclically Adjusted Price-to-FCF

For the Insurance Brokers subindustry, Watchstone 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.


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

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

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



Watchstone Group Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Watchstone Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Watchstone Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.145/130.5000*130.5000
=-0.145

Current CPI (Dec23) = 130.5000.

Watchstone Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -3.052 99.900 -3.987
201512 -1.716 100.400 -2.230
201612 -0.580 102.200 -0.741
201712 -0.481 105.000 -0.598
201812 -0.238 107.100 -0.290
201912 0.533 108.500 0.641
202012 -0.167 109.400 -0.199
202112 -0.080 114.700 -0.091
202212 0.015 125.300 0.016
202312 -0.145 130.500 -0.145

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


Watchstone Group  (AQSE:WTG.GB) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Watchstone Group Cyclically Adjusted Price-to-FCF Related Terms

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


Watchstone Group (AQSE:WTG.GB) Business Description

Traded in Other Exchanges
N/A
Address
Highfield Court, Tollgate, Chandler's Ford, Eastleigh, Hampshire, GBR, SO53 3TY
Watchstone Group PLC is focused on managing the Group's litigation in order to achieve maximum shareholder value.

Watchstone Group (AQSE:WTG.GB) Headlines

No Headlines