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Al-Etihad Cooperative Insurance Co (SAU:8170) Cyclically Adjusted Price-to-FCF : (As of May. 28, 2024)


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What is Al-Etihad Cooperative Insurance Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Al-Etihad Cooperative Insurance Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Al-Etihad Cooperative 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.

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Al-Etihad Cooperative Insurance Co Cyclically Adjusted Price-to-FCF Chart

Al-Etihad Cooperative 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 - - - 7.31 6.58

Al-Etihad Cooperative Insurance Co 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 7.62 8.26 8.00 6.58 -

Competitive Comparison of Al-Etihad Cooperative Insurance Co's Cyclically Adjusted Price-to-FCF

For the Insurance - Diversified subindustry, Al-Etihad Cooperative 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.


Al-Etihad Cooperative Insurance Co's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

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



Al-Etihad Cooperative 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.

Al-Etihad Cooperative Insurance Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Al-Etihad Cooperative Insurance Co'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)
=-2.687/131.7762*131.7762
=-2.687

Current CPI (Mar. 2024) = 131.7762.

Al-Etihad Cooperative Insurance Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 0.231 99.621 0.306
201506 -0.142 100.684 -0.186
201509 3.078 100.392 4.040
201512 0.118 99.792 0.156
201603 0.630 100.470 0.826
201606 1.584 101.688 2.053
201609 1.505 101.861 1.947
201612 -0.580 101.863 -0.750
201703 -1.363 102.862 -1.746
201706 2.059 103.349 2.625
201709 -1.400 104.136 -1.772
201712 0.810 104.011 1.026
201803 1.249 105.290 1.563
201806 0.905 106.317 1.122
201809 1.934 106.507 2.393
201812 0.971 105.998 1.207
201903 0.661 107.251 0.812
201906 -1.025 108.070 -1.250
201909 0.356 108.329 0.433
201912 -0.445 108.420 -0.541
202003 -0.856 108.902 -1.036
202006 -0.138 108.767 -0.167
202009 0.260 109.815 0.312
202012 0.204 109.897 0.245
202103 0.523 111.754 0.617
202106 0.207 114.631 0.238
202109 1.161 115.734 1.322
202112 1.535 117.630 1.720
202203 0.536 121.301 0.582
202206 0.548 125.017 0.578
202209 1.628 125.227 1.713
202212 -0.796 125.222 -0.838
202303 -1.484 127.348 -1.536
202306 0.716 128.729 0.733
202309 3.564 129.860 3.617
202312 3.198 129.419 3.256
202403 -2.687 131.776 -2.687

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.


Al-Etihad Cooperative Insurance Co  (SAU:8170) 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.


Al-Etihad Cooperative Insurance Co Cyclically Adjusted Price-to-FCF Related Terms

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


Al-Etihad Cooperative Insurance Co (SAU:8170) Business Description

Traded in Other Exchanges
N/A
Address
8514 King Fahad bin Abdulaziz Road, P. O. Box 1022, Al Abdulkarim Tower, Unit No 15, Al-Qashlah District, Dhahran, SAU, 34232-4233
Al-Etihad Cooperative Insurance Co provides insurance and reinsurance services in Saudi Arabia. It offers services through the segments of Medical insurance, Property insurance, Engineering, Motor insurance, General accident, and others. The company principally operates in Saudi Arabia and derives key revenue from the Motor insurance segment.

Al-Etihad Cooperative Insurance Co (SAU:8170) Headlines

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