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Brighthouse Financial (Brighthouse Financial) Cyclically Adjusted Price-to-FCF : 2.11 (As of Apr. 28, 2024)


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What is Brighthouse Financial Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Brighthouse Financial's current share price is $48.73. Brighthouse Financial's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $23.06. Brighthouse Financial's Cyclically Adjusted Price-to-FCF for today is 2.11.

The historical rank and industry rank for Brighthouse Financial's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BHF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2   Med: 2.13   Max: 2.33
Current: 2.13

During the past 10 years, Brighthouse Financial's highest Cyclically Adjusted Price-to-FCF was 2.33. The lowest was 2.00. And the median was 2.13.

BHF's Cyclically Adjusted Price-to-FCF is ranked better than
90.43% of 324 companies
in the Insurance industry
Industry Median: 11.03 vs BHF: 2.13

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.

Brighthouse Financial's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $-2.075. 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 $23.06 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brighthouse Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Brighthouse Financial'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.

Brighthouse Financial Cyclically Adjusted Price-to-FCF Chart

Brighthouse Financial 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 - - - - 2.30

Brighthouse Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - - 2.30

Competitive Comparison of Brighthouse Financial's Cyclically Adjusted Price-to-FCF

For the Insurance - Life subindustry, Brighthouse Financial'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.


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

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

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



Brighthouse Financial 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.

Brighthouse Financial's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=48.73/23.06
=2.11

* 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.

Brighthouse Financial's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Brighthouse Financial'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)
=-2.075/129.4194*129.4194
=-2.075

Current CPI (Dec23) = 129.4194.

Brighthouse Financial Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 43.683 99.070 57.065
201512 37.735 99.792 48.938
201612 30.442 101.863 38.677
201712 28.354 104.011 35.280
201812 25.554 105.998 31.200
201912 16.248 108.420 19.395
202012 9.313 109.897 10.967
202112 7.589 117.630 8.350
202212 -16.689 125.222 -17.248
202312 -2.075 129.419 -2.075

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.


Brighthouse Financial  (NAS:BHF) 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.


Brighthouse Financial Cyclically Adjusted Price-to-FCF Related Terms

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


Brighthouse Financial (Brighthouse Financial) Business Description

Address
11225 North Community House Road, Gragg Building, Charlotte, NC, USA, 28277
Brighthouse Financial Inc is a United States-based provider of annuity products and life insurance through independent distribution channels and marketing arrangements with distribution partners. Its segments are Annuities, Life, and Run-off. It derives a majority of the revenue from the Annuities segment which includes variable, fixed, index-linked and income annuities. The life segment includes variable, term, universal and whole life policies.
Executives
Philip V Bancroft director
Allie Lin officer: EVP & General Counsel 11225 N COMMUNITY HOUSE RD, CHARLOTTE NC 28277
Carol Juel director 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Kristine Toscano officer: Chief Accounting Officer 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Vonda Huss officer: EVP, Chief HR Officer 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Stephen C Hooley director 2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
Patrick J. Shouvlin director 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
William Francis Wallace director 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Edward A. Spehar officer: EVP & Chief Financial Officer 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Christine M. Debiase officer: EVP,Chief LegalOfficer&CorpSec 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
C Edward Chaplin director C/O MBIA, 113 KING STREET, ARMONK NY 10504
Eric T Steigerwalt director, officer: President and CEO 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
John Rosenthal officer: EVP & Chief Investment Officer 334 MADISON AVENUE, MORRISTOWN NJ 07960
Myles Lambert officer: EVP,Chief Dist. & Mktg.Officer 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Murphy Conor officer: Chief Product&Strategy Officer 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 11225