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American International Group (American International Group) Cyclically Adjusted FCF per Share : $2.27 (As of Dec. 2023)


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What is American International Group Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

American International Group's adjusted free cash flow per share for the three months ended in Dec. 2023 was $2.292. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $2.27 for the trailing ten years ended in Dec. 2023.

During the past 12 months, American International Group's average Cyclically Adjusted FCF Growth Rate was 22.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 51.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -41.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -38.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of American International Group was 51.70% per year. The lowest was -72.10% per year. And the median was 2.80% per year.

As of today (2024-04-27), American International Group's current stock price is $74.53. American International Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.27. American International Group's Cyclically Adjusted Price-to-FCF of today is 32.83.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of American International Group was 74.52. The lowest was 0.38. And the median was 1.89.


American International Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for American International Group's Cyclically Adjusted FCF per Share 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.

American International Group Cyclically Adjusted FCF per Share Chart

American International Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.15 0.65 1.51 1.86 2.27

American International Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 1.86 1.97 1.91 2.22 2.27

Competitive Comparison of American International Group's Cyclically Adjusted FCF per Share

For the Insurance - Diversified subindustry, American International Group'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.


American International Group's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

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



American International Group Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, American International Group's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.292/129.4194*129.4194
=2.292

Current CPI (Dec. 2023) = 129.4194.

American International Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.518 99.695 0.672
201406 0.599 100.560 0.771
201409 1.883 100.428 2.427
201412 0.460 99.070 0.601
201503 0.280 99.621 0.364
201506 0.077 100.684 0.099
201509 1.361 100.392 1.755
201512 0.508 99.792 0.659
201603 -0.837 100.470 -1.078
201606 1.350 101.688 1.718
201609 1.072 101.861 1.362
201612 1.709 101.863 2.171
201703 -10.281 102.862 -12.935
201706 1.371 103.349 1.717
201709 0.191 104.136 0.237
201712 1.150 104.011 1.431
201803 -1.014 105.290 -1.246
201806 0.652 106.317 0.794
201809 0.337 106.507 0.409
201812 -0.400 105.998 -0.488
201903 -1.112 107.251 -1.342
201906 -0.333 108.070 -0.399
201909 0.539 108.329 0.644
201912 -1.136 108.420 -1.356
202003 -0.667 108.902 -0.793
202006 0.400 108.767 0.476
202009 0.971 109.815 1.144
202012 0.494 109.897 0.582
202103 0.730 111.754 0.845
202106 2.486 114.631 2.807
202109 3.419 115.734 3.823
202112 0.542 117.630 0.596
202203 0.047 121.301 0.050
202206 0.698 125.017 0.723
202209 4.369 125.227 4.515
202212 0.221 125.222 0.228
202303 0.668 127.348 0.679
202306 0.840 128.729 0.845
202309 4.884 129.860 4.867
202312 2.292 129.419 2.292

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


American International Group  (NYSE:AIG) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

American International Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=74.53/2.27
=32.83

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of American International Group was 74.52. The lowest was 0.38. And the median was 1.89.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


American International Group Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of American International Group's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


American International Group (American International Group) Business Description

Address
1271 Avenue of the Americas, New York, NY, USA, 10020
American International Group is one of the largest insurance and financial services firms in the world and has a global footprint. It operates through a wide range of subsidiaries that provide property, casualty, and life insurance. The company recently spun off its life insurance operations (Corebridge), but still retains a majority stake.
Executives
Edward Lee Dandridge officer: EVP, Chief Marketing & Comms C/O THE BOEING COMPANY, 100 RIVERSIDE PLAZA, MC 5003-1001, CHICAGO IL 60606-1596
Kathleen Carbone officer: VP & Chief Accounting Officer 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Vanessa Ames Wittman director C/O MARSH & MCLENNAN COMPANIES, INC., 1166 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Diana M Murphy director C/O LANDSTAR SYSTEM INC, 13410 SUTTON PARK DR S, JACKSONVILLE FL 32224
Paola Bergamaschi director 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Luciana Fato officer: EVP and General Counsel AMERICAN INTERNATIONAL GROUP, INC., 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Thomas Allen Bolt officer: EVP and Chief Risk Officer C/O AMERICAN INTERNATIONAL GROUP, INC., 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
John G Rice director GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
John P Repko officer: EVP and Chief Info. Officer AMERICAN INTERNATIONAL GROUP, INC., 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Hunter Constance officer: EVP, Head of Strategy & ESG 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Glazer Rose Marie E. officer: EVP, CHRO & Corp Secretary 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Kevin T. Hogan officer: EVP - Life & Retirement 180 MAIDEN LANE, NEW YORK NY 10038
Sabra R. Purtill officer: EVP and Chief Risk Officer 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Claude E. Wade officer: EVP, Hd of Ops & Chief Dig Off 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Lisa Buckingham officer: EVP Ent Desgn and L&R Sep 150 N RADNOR CHESTER ROAD, RADNOR PA 19087