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NI Holdings (NI Holdings) Cyclically Adjusted Price-to-FCF : 16.44 (As of May. 13, 2024)


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What is NI Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-05-13), NI Holdings's current share price is $15.62. NI Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $0.95. NI Holdings's Cyclically Adjusted Price-to-FCF for today is 16.44.

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

NODK' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.48   Med: 14.99   Max: 16.99
Current: 15.84

During the past 10 years, NI Holdings's highest Cyclically Adjusted Price-to-FCF was 16.99. The lowest was 13.48. And the median was 14.99.

NODK's Cyclically Adjusted Price-to-FCF is ranked worse than
66.56% of 326 companies
in the Insurance industry
Industry Median: 11.16 vs NODK: 15.84

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.

NI Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $1.181. 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 $0.95 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


NI Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for NI Holdings'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.

NI Holdings Cyclically Adjusted Price-to-FCF Chart

NI Holdings 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 - - - - 13.66

NI Holdings 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 - - - 13.66 -

Competitive Comparison of NI Holdings's Cyclically Adjusted Price-to-FCF

For the Insurance - Property & Casualty subindustry, NI Holdings'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.


NI Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

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



NI Holdings 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.

NI Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.62/0.95
=16.44

* 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.

NI Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, NI Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.181/129.4194*129.4194
=1.181

Current CPI (Dec23) = 129.4194.

NI Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.576 99.070 0.752
201512 0.979 99.792 1.270
201612 0.294 101.863 0.374
201712 0.759 104.011 0.944
201812 0.867 105.998 1.059
201912 1.095 108.420 1.307
202012 2.297 109.897 2.705
202112 1.313 117.630 1.445
202212 -1.479 125.222 -1.529
202312 1.181 129.419 1.181

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.


NI Holdings  (NAS:NODK) 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.


NI Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


NI Holdings (NI Holdings) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1101 First Avenue North, Fargo, ND, USA, 58102
NI Holdings Inc is a stockholding company. The company's operating segments include private passenger auto insurance, non-standard auto insurance, home and farm insurance, crop insurance, commercial insurance, and others. It generates maximum revenue from the home and farm insurance segment.
Executives
Patrick W. Duncan officer: Vice President of Operations 1101 FIRST AVENUE NORTH, FARGO ND 58102
Prakash Mathew director 1101 FIRST AVENUE NORTH, FARGO ND 58102
Duaine Espegard director 1101 FIRST AVENUE NORTH, FARGO ND 58102
Stephen V. Marlow director 1101 FIRST AVENUE NORTH, FARGO ND 58102
Jeffrey R. Missling director 1101 FIRST AVENUE NORTH, FARGO ND 58102
Eric K. Aasmundstad director 1101 FIRST AVENUE NORTH, FARGO ND 58102
William Russell Devlin director 1101 FIRST AVENUE NORTH, FARGO ND 58102
Cindy Launer director 1101 FIRST AVENUE NORTH, FARGO ND 58102
Michael J. Alexander director, officer: President & CEO 1101 FIRST AVENUE NORTH, FARGO ND 58102
Seth C. Daggett officer: EVP of Strategy 1101 FIRST AVENUE NORTH, FARGO ND 58102
Timothy J. Milius officer: Vice President of Finance 1101 FIRST AVENUE NORTH, FARGO ND 58102
Brian R. Doom officer: Executive Vice President & CFO 1101 FIRST AVENUE NORTH, FARGO ND 58102
Brad J. Larson officer: Regional Sales Director 1101 FIRST AVENUE NORTH, FARGO ND 58102
Nodak Mutual Group, Inc. 10 percent owner 1101 FIRST AVENUE NORTH, FARGO ND 58102

NI Holdings (NI Holdings) Headlines