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Allstate (Allstate) Cyclically Adjusted FCF per Share : $14.98 (As of Dec. 2023)


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What is Allstate 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.

Allstate's adjusted free cash flow per share for the three months ended in Dec. 2023 was $4.401. 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 $14.98 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Allstate's average Cyclically Adjusted FCF Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 12.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 7.70% 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 Allstate was 14.80% per year. The lowest was -34.20% per year. And the median was 3.20% per year.

As of today (2024-04-29), Allstate's current stock price is $169.58. Allstate's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $14.98. Allstate's Cyclically Adjusted Price-to-FCF of today is 11.32.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Allstate was 13.44. The lowest was 6.04. And the median was 9.66.


Allstate Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Allstate'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.

Allstate Cyclically Adjusted FCF per Share Chart

Allstate 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 9.34 10.35 12.31 14.13 14.98

Allstate 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 14.13 14.38 14.73 14.90 14.98

Competitive Comparison of Allstate's Cyclically Adjusted FCF per Share

For the Insurance - Property & Casualty subindustry, Allstate'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.


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

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

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



Allstate 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, Allstate'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)
=4.401/129.4194*129.4194
=4.401

Current CPI (Dec. 2023) = 129.4194.

Allstate Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.925 99.695 1.201
201406 1.493 100.560 1.921
201409 2.971 100.428 3.829
201412 1.379 99.070 1.801
201503 1.200 99.621 1.559
201506 1.607 100.684 2.066
201509 3.226 100.392 4.159
201512 2.169 99.792 2.813
201603 1.729 100.470 2.227
201606 1.523 101.688 1.938
201609 3.496 101.861 4.442
201612 3.028 101.863 3.847
201703 2.109 102.862 2.654
201706 1.136 103.349 1.423
201709 4.892 104.136 6.080
201712 2.795 104.011 3.478
201803 1.567 105.290 1.926
201806 3.942 106.317 4.799
201809 4.723 106.507 5.739
201812 3.679 105.998 4.492
201903 1.879 107.251 2.267
201906 3.725 108.070 4.461
201909 5.144 108.329 6.145
201912 3.347 108.420 3.995
202003 2.984 108.902 3.546
202006 5.514 108.767 6.561
202009 3.906 109.815 4.603
202012 4.042 109.897 4.760
202103 4.331 111.754 5.016
202106 4.590 114.631 5.182
202109 4.162 115.734 4.654
202112 2.814 117.630 3.096
202203 1.072 121.301 1.144
202206 5.752 125.017 5.955
202209 7.153 125.227 7.393
202212 3.413 125.222 3.527
202303 1.981 127.348 2.013
202306 4.216 128.729 4.239
202309 4.500 129.860 4.485
202312 4.401 129.419 4.401

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


Allstate  (NYSE:ALL) 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.

Allstate's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=169.58/14.98
=11.32

* 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 Allstate was 13.44. The lowest was 6.04. And the median was 9.66.


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.


Allstate Cyclically Adjusted FCF per Share Related Terms

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


Allstate (Allstate) Business Description

Industry
Address
3100 Sanders Road, Northbrook, IL, USA, 60062
Allstate is one of the largest U.S. property and casualty insurers in the U.S. Personal auto represents the largest percentage of revenue, but the company offers homeowners insurance and other insurance products. Allstate products are sold in North America primarily by about 10,000 company agencies.
Executives
John C Pintozzi officer: SVP, Controller, and CAO 2775 SANDERS ROAD, NORTHBROOK IL 60062
Mark Q Prindiville other: EVP & Chief Risk Officer - AIC 2775 SANDERS ROAD, NORTHBROOK IL 60062
Zulfikar Jeevanjee other: EVP & CTO - AIC 3100 SANDERS ROAD, NORTHBROOK IL 60062
Judith A Sprieser director USG CORPORATION, 125 SOUTH FRANKLIN STREET, CHICAGO IL 60606
Jesse E Merten officer: EVP & Chief Risk Officer (AIC) 2775 SANDERS ROAD, NORTHBROOK IL 60062
Monica J Turner director 3100 SANDERS ROAD, NORTHBROOK IL 60062
Christine M. Debiase officer: EVP, CLO, GC & Secretary 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Suren Gupta other: EVP Allstate Insurance Company 2775 SANDERS ROAD, NORTHBROOK IL 60062
Thomas J Wilson officer: President and COO 2775 SANDERS RD, NORTHBROOK IL 60062
Terrance Williams officer: AIC-President Protec Prod&Svcs 7184 BIDDICK, NEW ALBANY OH 43054
Robert Toohey officer: EVP, Chief HR Officer - AIC 2775 SANDERS ROAD, NORTHBROOK IL 60062
Glenn T Shapiro other: Pres Allstate Personal Lines 2775 SANDERS ROAD, NORTHBROOK IL 60062
Mario Rizzo officer: EVP & Chief Financial Officer 2775 SANDERS ROAD, NORTHBROOK IL 60062
Don Civgin officer: Vice President and CFO ONE GBC PLAZA, NORTHBROOK IL 60062
Donald Eugene Brown director 801 E. 86TH AVENUE, MERRILLVILLE IN 46410

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