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FG Financial Group (FRA:LU5) Cyclically Adjusted Price-to-FCF : (As of May. 31, 2024)


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What is FG Financial Group Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


FG Financial Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for FG Financial 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.

FG Financial Group Cyclically Adjusted Price-to-FCF Chart

FG Financial 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 - - - 6.83 13.66

FG Financial 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 7.34 5.31 6.04 13.66 -

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

For the Insurance - Diversified subindustry, FG Financial 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.


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

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

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



FG Financial 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.

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

For example, FG Financial 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)
=-0.094/131.7762*131.7762
=-0.094

Current CPI (Mar. 2024) = 131.7762.

FG Financial Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.813 100.560 1.065
201409 -0.096 100.428 -0.126
201412 0.583 99.070 0.775
201503 0.145 99.621 0.192
201506 0.379 100.684 0.496
201509 0.156 100.392 0.205
201512 0.085 99.792 0.112
201603 -0.120 100.470 -0.157
201606 0.644 101.688 0.835
201609 -0.298 101.861 -0.386
201612 0.272 101.863 0.352
201703 0.166 102.862 0.213
201706 0.991 103.349 1.264
201709 -0.546 104.136 -0.691
201712 0.519 104.011 0.658
201803 1.437 105.290 1.798
201806 0.762 106.317 0.944
201809 0.760 106.507 0.940
201812 0.483 105.998 0.600
201903 0.254 107.251 0.312
201906 -0.251 108.070 -0.306
201909 -0.943 108.329 -1.147
201912 -2.149 108.420 -2.612
202003 -0.073 108.902 -0.088
202006 -0.259 108.767 -0.314
202009 -1.069 109.815 -1.283
202012 -0.265 109.897 -0.318
202103 -0.606 111.754 -0.715
202106 -0.374 114.631 -0.430
202109 -0.767 115.734 -0.873
202112 -0.611 117.630 -0.684
202203 -0.137 121.301 -0.149
202206 -0.013 125.017 -0.014
202209 -0.319 125.227 -0.336
202212 -0.709 125.222 -0.746
202303 -0.060 127.348 -0.062
202306 -0.083 128.729 -0.085
202309 -0.012 129.860 -0.012
202312 -0.239 129.419 -0.243
202403 -0.094 131.776 -0.094

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.


FG Financial Group  (FRA:LU5) 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.


FG Financial Group Cyclically Adjusted Price-to-FCF Related Terms

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


FG Financial Group (FRA:LU5) Business Description

Traded in Other Exchanges
Address
104 S. Walnut Street, Unit 1A, Itasca, IL, USA, 60143
FG Financial Group Inc through its subsidiaries operates as diversified insurance, reinsurance, and investment management holding company. The company's segment includes Insurance and Asset Management. It generates maximum revenue from the Insurance segment.

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