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FarGlory Life Insurance Co (ROCO:5859) Cyclically Adjusted Price-to-FCF : 0.76 (As of Jun. 06, 2024)


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What is FarGlory Life Insurance Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), FarGlory Life Insurance Co's current share price is NT$14.55. FarGlory Life Insurance Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was NT$19.04. FarGlory Life Insurance Co's Cyclically Adjusted Price-to-FCF for today is 0.76.

The historical rank and industry rank for FarGlory Life Insurance Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ROCO:5859' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.51   Med: 0.65   Max: 0.94
Current: 0.76

During the past 13 years, FarGlory Life Insurance Co's highest Cyclically Adjusted Price-to-FCF was 0.94. The lowest was 0.51. And the median was 0.65.

ROCO:5859's Cyclically Adjusted Price-to-FCF is ranked better than
97.46% of 315 companies
in the Insurance industry
Industry Median: 11.16 vs ROCO:5859: 0.76

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.

FarGlory Life Insurance Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was NT$9.352. 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 NT$19.04 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


FarGlory Life Insurance Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for FarGlory Life Insurance Co'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.

FarGlory Life Insurance Co Cyclically Adjusted Price-to-FCF Chart

FarGlory Life Insurance Co 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 - 0.53 0.75 0.69 0.63

FarGlory Life Insurance Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.75 - 0.69 - 0.63

Competitive Comparison of FarGlory Life Insurance Co's Cyclically Adjusted Price-to-FCF

For the Insurance - Life subindustry, FarGlory Life Insurance Co'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.


FarGlory Life Insurance Co's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

* The bar in red indicates where FarGlory Life Insurance Co's Cyclically Adjusted Price-to-FCF falls into.



FarGlory Life Insurance Co 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.

FarGlory Life Insurance Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.55/19.04
=0.76

* 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.

FarGlory Life Insurance Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, FarGlory Life Insurance Co'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)
=9.352/129.4194*129.4194
=9.352

Current CPI (Dec23) = 129.4194.

FarGlory Life Insurance Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -19.193 99.070 -25.073
201512 7.400 99.792 9.597
201612 29.517 101.863 37.502
201712 30.262 104.011 37.655
201812 10.409 105.998 12.709
201912 16.916 108.420 20.192
202012 30.490 109.897 35.906
202112 33.605 117.630 36.973
202212 15.084 125.222 15.590
202312 9.352 129.419 9.352

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.


FarGlory Life Insurance Co  (ROCO:5859) 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.


FarGlory Life Insurance Co Cyclically Adjusted Price-to-FCF Related Terms

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


FarGlory Life Insurance Co (ROCO:5859) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Songgao Road, 28th Floor, Taipei, TWN
FarGlory Life Insurance Co Ltd is a Taiwan based life insurance company. The company offers products including personal life insurance, personal health insurance, personal accident insurance, annuity insurance, group insurance and investment-type insurance.

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