GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » National Western Life Group Inc (FRA:5NW) » Definitions » Cyclically Adjusted Price-to-FCF

National Western Life Group (FRA:5NW) Cyclically Adjusted Price-to-FCF : 4.68 (As of Jun. 01, 2024)


View and export this data going back to 1990. Start your Free Trial

What is National Western Life Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), National Western Life Group's current share price is €452.00. National Western Life Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €96.61. National Western Life Group's Cyclically Adjusted Price-to-FCF for today is 4.68.

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

FRA:5NW' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.53   Med: 3.34   Max: 4.84
Current: 4.68

During the past years, National Western Life Group's highest Cyclically Adjusted Price-to-FCF was 4.84. The lowest was 1.53. And the median was 3.34.

FRA:5NW's Cyclically Adjusted Price-to-FCF is ranked better than
78.66% of 314 companies
in the Insurance industry
Industry Median: 11.44 vs FRA:5NW: 4.68

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.

National Western Life Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €26.267. 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 €96.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Western Life Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for National Western Life 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.

National Western Life Group Cyclically Adjusted Price-to-FCF Chart

National Western Life 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 3.43 2.30 2.24 2.77 4.71

National Western Life Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.39 4.09 4.22 4.71 4.70

Competitive Comparison of National Western Life Group's Cyclically Adjusted Price-to-FCF

For the Insurance - Life subindustry, National Western Life 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.


National Western Life Group's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

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



National Western Life 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.

National Western Life Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=452.00/96.61
=4.68

* 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.

National Western Life Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, National Western Life Group'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)
=26.267/131.7762*131.7762
=26.267

Current CPI (Mar. 2024) = 131.7762.

National Western Life Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 16.128 100.560 21.135
201409 16.431 100.428 21.560
201412 18.616 99.070 24.762
201503 23.054 99.621 30.495
201506 16.514 100.684 21.614
201509 21.823 100.392 28.645
201512 24.980 99.792 32.986
201603 25.507 100.470 33.455
201606 20.110 101.688 26.060
201609 14.890 101.861 19.263
201612 16.386 101.863 21.198
201703 23.732 102.862 30.403
201706 9.333 103.349 11.900
201709 14.118 104.136 17.865
201712 17.504 104.011 22.177
201803 15.685 105.290 19.631
201806 16.916 106.317 20.967
201809 18.116 106.507 22.414
201812 25.251 105.998 31.392
201903 21.742 107.251 26.714
201906 17.904 108.070 21.832
201909 19.207 108.329 23.364
201912 21.383 108.420 25.989
202003 26.285 108.902 31.806
202006 25.082 108.767 30.388
202009 14.913 109.815 17.895
202012 20.074 109.897 24.071
202103 12.311 111.754 14.517
202106 -11.951 114.631 -13.738
202109 -2.744 115.734 -3.124
202112 72.755 117.630 81.505
202203 18.100 121.301 19.663
202206 16.864 125.017 17.776
202209 25.858 125.227 27.210
202212 31.840 125.222 33.507
202303 11.820 127.348 12.231
202306 17.955 128.729 18.380
202309 20.768 129.860 21.075
202312 13.317 129.419 13.560
202403 26.267 131.776 26.267

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.


National Western Life Group  (FRA:5NW) 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.


National Western Life Group Cyclically Adjusted Price-to-FCF Related Terms

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


National Western Life Group (FRA:5NW) Business Description

Traded in Other Exchanges
Address
10801 N. Mopac Expy Building 3, Austin, TX, USA, 78759
National Western Life Group Inc is a global insurance company that provides insurance products for the savings, protection, and retirement needs of policyholders. The company's product portfolio includes individual whole life, universal life and term insurance plans, and annuities. The company is organized into four operating business segments based on product types and geographic marketing areas: Domestic life insurance, International life insurance, Annuities, and Acquired businesses. The annuities segment contributes roughly half of the company's revenue, and most of the company's revenue is earned in the United States.

National Western Life Group (FRA:5NW) Headlines

No Headlines