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Fidelity National Financial (FRA:F1EF) Cyclically Adjusted Price-to-FCF : 6.12 (As of May. 21, 2024)


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What is Fidelity National Financial Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Fidelity National Financial's current share price is €48.20. Fidelity National Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €7.87. Fidelity National Financial's Cyclically Adjusted Price-to-FCF for today is 6.12.

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

FRA:F1EF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.28   Med: 14.84   Max: 28.47
Current: 6.03

During the past years, Fidelity National Financial's highest Cyclically Adjusted Price-to-FCF was 28.47. The lowest was 5.28. And the median was 14.84.

FRA:F1EF's Cyclically Adjusted Price-to-FCF is ranked better than
70.95% of 327 companies
in the Insurance industry
Industry Median: 11.15 vs FRA:F1EF: 6.03

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.

Fidelity National Financial's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €5.263. 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 €7.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fidelity National Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fidelity National Financial'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.

Fidelity National Financial Cyclically Adjusted Price-to-FCF Chart

Fidelity National Financial 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 21.33 14.96 12.36 6.78 6.46

Fidelity National Financial 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 5.64 5.32 5.77 6.46 6.07

Competitive Comparison of Fidelity National Financial's Cyclically Adjusted Price-to-FCF

For the Insurance - Specialty subindustry, Fidelity National Financial'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.


Fidelity National Financial's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

* The bar in red indicates where Fidelity National Financial's Cyclically Adjusted Price-to-FCF falls into.



Fidelity National Financial 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.

Fidelity National Financial's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=48.20/7.87
=6.12

* 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.

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

For example, Fidelity National Financial'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)
=5.263/131.7762*131.7762
=5.263

Current CPI (Mar. 2024) = 131.7762.

Fidelity National Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.479 100.560 0.628
201409 0.492 100.428 0.646
201412 0.695 99.070 0.924
201503 -0.005 99.621 -0.007
201506 0.699 100.684 0.915
201509 0.528 100.392 0.693
201512 0.530 99.792 0.700
201603 0.107 100.470 0.140
201606 0.385 101.688 0.499
201609 0.822 101.861 1.063
201612 0.999 101.863 1.292
201703 -0.141 102.862 -0.181
201706 0.787 103.349 1.003
201709 0.693 104.136 0.877
201712 0.472 104.011 0.598
201803 -0.006 105.290 -0.008
201806 0.964 106.317 1.195
201809 0.937 106.507 1.159
201812 0.783 105.998 0.973
201903 -0.083 107.251 -0.102
201906 1.121 108.070 1.367
201909 1.003 108.329 1.220
201912 1.280 108.420 1.556
202003 0.254 108.902 0.307
202006 1.362 108.767 1.650
202009 1.116 109.815 1.339
202012 1.605 109.897 1.925
202103 1.856 111.754 2.189
202106 2.360 114.631 2.713
202109 3.117 115.734 3.549
202112 4.525 117.630 5.069
202203 2.002 121.301 2.175
202206 2.692 125.017 2.838
202209 5.333 125.227 5.612
202212 4.692 125.222 4.938
202303 4.770 127.348 4.936
202306 5.742 128.729 5.878
202309 3.610 129.860 3.663
202312 7.553 129.419 7.691
202403 5.263 131.776 5.263

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.


Fidelity National Financial  (FRA:F1EF) 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.


Fidelity National Financial Cyclically Adjusted Price-to-FCF Related Terms

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


Fidelity National Financial (FRA:F1EF) Business Description

Traded in Other Exchanges
Address
601 Riverside Avenue, Jacksonville, FL, USA, 32204
Fidelity National Financial Inc provides title insurance, escrow, and other title-related services. It operates in three segments: Title, F&G, Corporate and Other. The title segment that derives majority revenue consists of the operations of title insurance underwriters and related businesses, which provide title insurance and escrow and other title-related services including trust activities, trustee sales guarantees, and home warranty products. Substantially all of the company's revenue is generated in the United States.

Fidelity National Financial (FRA:F1EF) Headlines

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