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NN Group NV (XAMS:NN) Cyclically Adjusted Price-to-FCF : (As of May. 19, 2024)


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What is NN Group NV Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


NN Group NV Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for NN Group NV'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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NN Group NV Cyclically Adjusted Price-to-FCF Chart

NN Group NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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NN Group NV Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of NN Group NV's Cyclically Adjusted Price-to-FCF

For the Insurance - Diversified subindustry, NN Group NV'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.


NN Group NV's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

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



NN Group NV 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.

NN Group NV's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, NN Group NV'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)
=0.223/126.4500*126.4500
=0.223

Current CPI (Dec23) = 126.4500.

NN Group NV Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -12.656 99.050 -16.157
201512 -20.088 99.730 -25.470
201612 -6.608 100.710 -8.297
201712 -16.103 101.970 -19.969
201812 -7.530 103.970 -9.158
201912 11.471 106.800 13.582
202012 22.101 107.850 25.913
202112 -8.539 114.010 -9.471
202212 -27.585 124.940 -27.918
202312 0.223 126.450 0.223

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.


NN Group NV  (XAMS:NN) 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.


NN Group NV Cyclically Adjusted Price-to-FCF Related Terms

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NN Group NV (XAMS:NN) Business Description

Industry
Address
Schenkkade 65, The Hague, ZH, NLD, 2595 AS
Nationale Nederlanden Group is a European insurance company that primarily sells long-term savings in the Netherlands. The business is made up of four divisions: Netherlands life; Netherlands nonlife; insurance Europe; and Japan life. The Netherlands life business is the biggest division of the company and tends to generate around three quarters of operating income. That business sells traditional spread-based long-term savings and the new style-defined contribution savings products. Since 2022, assets that are managed to support the traditional savings products and in-house part of defined contribution products are managed by Goldman Sachs. Since around 2013, NN has managed its individual life insurance business as being closed to new business.