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Assured Guaranty (FRA:DHU) Cyclically Adjusted Price-to-FCF : (As of May. 29, 2024)


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What is Assured Guaranty Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Assured Guaranty Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Assured Guaranty'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.

Assured Guaranty Cyclically Adjusted Price-to-FCF Chart

Assured Guaranty 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 46.96 - - - -

Assured Guaranty 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 - - - - -

Competitive Comparison of Assured Guaranty's Cyclically Adjusted Price-to-FCF

For the Insurance - Specialty subindustry, Assured Guaranty'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.


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

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

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



Assured Guaranty 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.

Assured Guaranty's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Assured Guaranty'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)
=-1.192/131.7762*131.7762
=-1.192

Current CPI (Mar. 2024) = 131.7762.

Assured Guaranty Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.496 100.560 0.650
201409 0.572 100.428 0.751
201412 1.150 99.070 1.530
201503 0.136 99.621 0.180
201506 0.482 100.684 0.631
201509 -0.876 100.392 -1.150
201512 -0.208 99.792 -0.275
201603 -0.590 100.470 -0.774
201606 0.284 101.688 0.368
201609 -0.953 101.861 -1.233
201612 0.410 101.863 0.530
201703 0.750 102.862 0.961
201706 0.696 103.349 0.887
201709 1.084 104.136 1.372
201712 0.562 104.011 0.712
201803 0.188 105.290 0.235
201806 3.162 106.317 3.919
201809 -0.721 106.507 -0.892
201812 0.908 105.998 1.129
201903 -2.825 107.251 -3.471
201906 1.164 108.070 1.419
201909 -1.533 108.329 -1.865
201912 -1.350 108.420 -1.641
202003 -1.603 108.902 -1.940
202006 -2.868 108.767 -3.475
202009 -2.219 109.815 -2.663
202012 -1.923 109.897 -2.306
202103 -5.051 111.754 -5.956
202106 -5.275 114.631 -6.064
202109 -9.736 115.734 -11.086
202112 -1.852 117.630 -2.075
202203 -12.017 121.301 -13.055
202206 -13.374 125.017 -14.097
202209 -0.867 125.227 -0.912
202212 -9.944 125.222 -10.464
202303 4.825 127.348 4.993
202306 1.904 128.729 1.949
202309 -2.798 129.860 -2.839
202312 3.272 129.419 3.332
202403 -1.192 131.776 -1.192

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.


Assured Guaranty  (FRA:DHU) 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.


Assured Guaranty Cyclically Adjusted Price-to-FCF Related Terms

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


Assured Guaranty (FRA:DHU) Business Description

Traded in Other Exchanges
Address
30 Woodbourne Avenue, Hamilton, BMU, HM 08
Assured Guaranty Ltd. provides credit protection products to the United States and international public finance and structured finance markets, and manages assets across collateralized loan obligations as well as opportunity funds and liquid strategy funds that build on its corporate credit, asset-based finance, municipal and healthcare experience. The company is operating in two segments Insurance segment and the Asset Management segment. The majority of the revenue earned by the company is from the Insurance segment.

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