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Steadfast Group (ASX:SDF) Cyclically Adjusted Price-to-FCF : 27.86 (As of May. 14, 2024)


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

As of today (2024-05-14), Steadfast Group's current share price is A$5.85. Steadfast Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was A$0.21. Steadfast Group's Cyclically Adjusted Price-to-FCF for today is 27.86.

The historical rank and industry rank for Steadfast Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ASX:SDF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 24.9   Med: 27.12   Max: 28.57
Current: 28.1

During the past 10 years, Steadfast Group's highest Cyclically Adjusted Price-to-FCF was 28.57. The lowest was 24.90. And the median was 27.12.

ASX:SDF's Cyclically Adjusted Price-to-FCF is ranked worse than
82.82% of 326 companies
in the Insurance industry
Industry Median: 11.16 vs ASX:SDF: 28.10

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.

Steadfast Group's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was A$0.398. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is A$0.21 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Steadfast Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Steadfast 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.

Steadfast Group Cyclically Adjusted Price-to-FCF Chart

Steadfast Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 28.63

Steadfast Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - - - 28.63 -

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

For the Insurance Brokers subindustry, Steadfast 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.


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

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

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



Steadfast 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.

Steadfast Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.85/0.21
=27.86

* 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.

Steadfast Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Steadfast Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.398/124.1700*124.1700
=0.398

Current CPI (Jun23) = 124.1700.

Steadfast Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.007 98.352 0.009
201506 0.110 99.838 0.137
201606 0.154 100.859 0.190
201706 0.131 102.809 0.158
201806 0.127 104.945 0.150
201906 0.180 106.617 0.210
202006 0.232 106.246 0.271
202106 0.275 110.332 0.309
202206 0.249 117.112 0.264
202306 0.398 124.170 0.398

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.


Steadfast Group  (ASX:SDF) 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.


Steadfast Group Cyclically Adjusted Price-to-FCF Related Terms

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


Steadfast Group (ASX:SDF) Business Description

Industry
Traded in Other Exchanges
Address
99 Bathurst Street, Level 4, Sydney, NSW, AUS, 2000
Steadfast Group is the largest general insurance broker network in Australia and New Zealand, with over 425 brokers and almost 1,900 offices in Australia, New Zealand, Singapore, and London. Steadfast operates as both a broker and a consolidator via equity interests in insurance broker businesses, generating over AUD 11 billion of network broker gross written premium annually. Steadfast also co-owns and consolidates underwriting agencies and other complementary businesses.

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