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Kingsway Financial Services (Kingsway Financial Services) Cyclically Adjusted Price-to-FCF : (As of May. 20, 2024)


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What is Kingsway Financial Services Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kingsway Financial Services Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kingsway Financial Services'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.

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Kingsway Financial Services Cyclically Adjusted Price-to-FCF Chart

Kingsway Financial Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Kingsway Financial Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Kingsway Financial Services's Cyclically Adjusted Price-to-FCF

For the Auto & Truck Dealerships subindustry, Kingsway Financial Services'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.


Kingsway Financial Services's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kingsway Financial Services's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kingsway Financial Services 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.

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

For example, Kingsway Financial Services'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)
=0.002/131.7762*131.7762
=0.002

Current CPI (Mar. 2024) = 131.7762.

Kingsway Financial Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.479 100.560 -0.628
201409 0.043 100.428 0.056
201412 -0.133 99.070 -0.177
201503 0.007 99.621 0.009
201506 -0.400 100.684 -0.524
201509 -0.151 100.392 -0.198
201512 -1.131 99.792 -1.493
201603 -0.208 100.470 -0.273
201606 -0.078 101.688 -0.101
201609 -0.266 101.861 -0.344
201612 -0.216 101.863 -0.279
201703 -0.366 102.862 -0.469
201706 0.015 103.349 0.019
201709 -0.221 104.136 -0.280
201712 -0.116 104.011 -0.147
201803 -0.076 105.290 -0.095
201806 -0.206 106.317 -0.255
201809 -0.426 106.507 -0.527
201812 0.237 105.998 0.295
201903 -0.135 107.251 -0.166
201906 0.016 108.070 0.020
201909 0.111 108.329 0.135
201912 -0.037 108.420 -0.045
202003 0.026 108.902 0.031
202006 -0.076 108.767 -0.092
202009 0.062 109.815 0.074
202012 0.054 109.897 0.065
202103 -0.094 111.754 -0.111
202106 -0.443 114.631 -0.509
202109 0.144 115.734 0.164
202112 0.087 117.630 0.097
202203 0.163 121.301 0.177
202206 0.102 125.017 0.108
202209 0.120 125.227 0.126
202212 -0.918 125.222 -0.966
202303 -0.863 127.348 -0.893
202306 0.572 128.729 0.586
202309 -0.034 129.860 -0.035
202312 -0.614 129.419 -0.625
202403 0.002 131.776 0.002

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.


Kingsway Financial Services  (NYSE:KFS) 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.


Kingsway Financial Services Cyclically Adjusted Price-to-FCF Related Terms

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


Kingsway Financial Services (Kingsway Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
10 S. Riverside Plaza, Suite 1520, Chicago, IL, USA, 60606
Kingsway Financial Services Inc through subsidiaries operates in the extended warranty, asset management, and real estate industries in the United States. It operates through three segments: Extended Warranty and Kingsway Search Xcelerator. The Extended Warranty segment provides after-market vehicle protection services distributed by credit unions. The firm generates maximum revenue from Extended Warranty segment in the form of Service fee and commission income.
Executives
Fitzgerald John Taylor Maloney director, officer: Executive Vice President KINGSWAY FINANCIAL SERVICES INC., 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Kent A Hansen officer: CFO & EVP C/O KINGSWAY FINANCIAL SERVICES INC., 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Charles L Frischer director 3156 EAST LAURELHURST DRIVE, NE, SEATTLE WA 98105
Oakmont Capital Inc 10 percent owner 112 ST.CLAIR AVENUE WEST, SUITE 400, ONTARIO Z4 M4V 2Y3
Gregory Paul Hannon director OAKMONT CAPITAL INC., 45 ST. CLAIR AVENUE WEST, SUITE 400, TORONTO A6 M4V 1K9
Terence Michael Kavanagh director OAKMONT CAPITAL INC., 45 ST. CLAIR AVENUE WEST, SUITE 400, TORONTO A6 M4V 1K9
Joseph Stilwell director, 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Paul R. Hogan officer: Secretary and General Counsel 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Porcelli Corissa B. director 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Stilwell Associates L P 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Investments, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Fund, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Value Partners Vii, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Hickey William August Jr officer: Executive VP, COO and CFO KINGSWAY FINANCIAL SERVICES, INC., 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Douglas Levine director 2602 NW 5TH AVENUE, MIAMI FL 33127