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Donegal Group (Donegal Group) Cyclically Adjusted Price-to-FCF : 4.91 (As of Apr. 28, 2024)


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What is Donegal Group Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Donegal Group's current share price is $13.45. Donegal Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.74. Donegal Group's Cyclically Adjusted Price-to-FCF for today is 4.91.

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

DGICA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.73   Med: 7.88   Max: 11.53
Current: 4.92

During the past years, Donegal Group's highest Cyclically Adjusted Price-to-FCF was 11.53. The lowest was 4.73. And the median was 7.88.

DGICA's Cyclically Adjusted Price-to-FCF is ranked better than
75% of 324 companies
in the Insurance industry
Industry Median: 11.03 vs DGICA: 4.92

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.

Donegal Group's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.078. 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 $2.74 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Donegal Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Donegal Group'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.

Donegal Group Cyclically Adjusted Price-to-FCF Chart

Donegal Group 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 7.62 6.35 5.66 5.12 5.12

Donegal Group 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 5.44 5.13 5.09 5.12 -

Competitive Comparison of Donegal Group's Cyclically Adjusted Price-to-FCF

For the Insurance - Property & Casualty subindustry, Donegal 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.


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

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

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



Donegal Group 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.

Donegal Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.45/2.74
=4.91

* 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.

Donegal Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Donegal 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)
=0.078/129.4194*129.4194
=0.078

Current CPI (Dec. 2023) = 129.4194.

Donegal Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.228 99.695 -0.296
201406 0.242 100.560 0.311
201409 0.864 100.428 1.113
201412 0.669 99.070 0.874
201503 0.336 99.621 0.437
201506 0.889 100.684 1.143
201509 0.508 100.392 0.655
201512 0.703 99.792 0.912
201603 0.459 100.470 0.591
201606 0.566 101.688 0.720
201609 0.680 101.861 0.864
201612 0.492 101.863 0.625
201703 0.743 102.862 0.935
201706 0.853 103.349 1.068
201709 0.641 104.136 0.797
201712 0.624 104.011 0.776
201803 0.409 105.290 0.503
201806 0.867 106.317 1.055
201809 0.832 106.507 1.011
201812 0.139 105.998 0.170
201903 0.402 107.251 0.485
201906 0.339 108.070 0.406
201909 0.944 108.329 1.128
201912 0.962 108.420 1.148
202003 0.372 108.902 0.442
202006 1.274 108.767 1.516
202009 0.692 109.815 0.816
202012 1.086 109.897 1.279
202103 0.980 111.754 1.135
202106 0.940 114.631 1.061
202109 -0.023 115.734 -0.026
202112 0.582 117.630 0.640
202203 0.661 121.301 0.705
202206 0.450 125.017 0.466
202209 0.461 125.227 0.476
202212 0.528 125.222 0.546
202303 -0.022 127.348 -0.022
202306 0.415 128.729 0.417
202309 0.391 129.860 0.390
202312 0.078 129.419 0.078

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.


Donegal Group  (NAS:DGICA) 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.


Donegal Group Cyclically Adjusted Price-to-FCF Related Terms

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


Donegal Group (Donegal Group) Business Description

Industry
Traded in Other Exchanges
Address
1195 River Road, P.O. Box 302, Marietta, PA, USA, 17547-0302
Donegal Group Inc is an insurance holding company that offers personal and commercial lines of property and casualty insurance to businesses and individuals. The company's reportable segments are its Investment function, Personal lines of insurance, Commercial lines of insurance. Personal lines products consist primarily of homeowners and private passenger automobile policies. The Commercial lines products of its insurance subsidiaries consist primarily of commercial automobile, commercial multi-peril, and workers' compensation policies. The group primarily operates in the United States.
Executives
Donegal Mutual Insurance Co 10 percent owner 1195 RIVER ROAD, MARIETTA PA 17547
Long Robert Richard Jr officer: Sr.VP, General Counsel 1195 RIVER ROAD, P.O. BOX 302, MARIETTA PA 17547
William Daniel Delamater officer: Senior Vice President 1195 RIVER ROAD, P.O. BOX 302, MARIETTA PA 17547
Sanjay Pandey officer: Sr. VP & Chief Info Officer 1195 RIVER ROAD, P.O. BOX 302, MARIETTA PA 17547
Christina Marie Hoffman officer: Sr. VP & Chief Risk Officer 1195 RIVER ROAD, P.O. BOX 302, MARIETTA PA 17547
Vincent Anthony Viozzi officer: Sr. VP & Chief Inv Officer 1195 RIVER ROAD, P.O. BOX 302, MARIETTA PA 17547
Scott Andrew Berlucchi director 1195 RIVER ROAD, P.O. BOX 302, MARIETTA PA 17547
Jon Marshall Mahan director 1195 RIVER ROAD, MARIETTA PA 17547
Wampler Richard D Ii director 1195 RIVER ROAD, MARIETTA PA 17547
Kevin Gerard Burke director, officer: President & Chief Exec Officer 1195 RIVER ROAD, P.O. BOX 302, MARIETTA PA 17547
Moore Sewell Trezevant Jr director LUMINENT MORTGAGE CAPITAL INC, 909 MONTGOMERY STREET SUITE 500, SAN FRANCISCO CA 94133
Jeffrey Dean Miller officer: EVP & Chief Financial Officer 1195 RIVER ROAD, MARIETTA PA 17547
Jack Lee Hess director 1195 RIVER ROAD, MARIETTA PA 17547
Daniel J Wagner officer: Treasurer 1195 RIVER ROAD, MARIETTA PA 17547
David Wayne Sponic officer: Senior Vice President 1195 RIVER ROAD, P.O. BOX 302, MARIETTA PA 17547

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