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Janashakthi Insurance Co (COL:JINS.N0000) Cyclically Adjusted FCF per Share : රු8.87 (As of Dec. 2023)


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What is Janashakthi Insurance Co 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.

Janashakthi Insurance Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was රු6.733. 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 රු8.87 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Janashakthi Insurance Co's average Cyclically Adjusted FCF Growth Rate was 14.00% 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.

As of today (2024-05-22), Janashakthi Insurance Co's current stock price is රු40.00. Janashakthi Insurance Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was රු8.87. Janashakthi Insurance Co's Cyclically Adjusted Price-to-FCF of today is 4.51.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Janashakthi Insurance Co was 6.61. The lowest was 2.35. And the median was 3.79.


Janashakthi Insurance Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Janashakthi Insurance Co'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.

Janashakthi Insurance Co Cyclically Adjusted FCF per Share Chart

Janashakthi Insurance Co 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 - - - 7.78 8.87

Janashakthi Insurance Co 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 7.78 8.09 8.06 8.43 8.87

Competitive Comparison of Janashakthi Insurance Co's Cyclically Adjusted FCF per Share

For the Insurance - Life subindustry, Janashakthi Insurance Co'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.


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

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

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



Janashakthi Insurance Co 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, Janashakthi Insurance Co'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)
=6.733/129.4194*129.4194
=6.733

Current CPI (Dec. 2023) = 129.4194.

Janashakthi Insurance Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 2.051 99.695 2.663
201406 1.026 100.560 1.320
201409 0.958 100.428 1.235
201412 1.544 99.070 2.017
201503 1.913 99.621 2.485
201506 3.169 100.684 4.073
201509 0.221 100.392 0.285
201512 2.296 99.792 2.978
201603 0.895 100.470 1.153
201606 -0.133 101.688 -0.169
201609 0.061 101.861 0.078
201612 0.418 101.863 0.531
201703 2.334 102.862 2.937
201706 1.425 103.349 1.784
201709 2.608 104.136 3.241
201712 1.308 104.011 1.628
201803 3.733 105.290 4.589
201806 0.635 106.317 0.773
201809 -0.844 106.507 -1.026
201812 0.052 105.998 0.063
201903 1.426 107.251 1.721
201906 1.693 108.070 2.027
201909 2.578 108.329 3.080
201912 0.925 108.420 1.104
202003 2.075 108.902 2.466
202006 3.973 108.767 4.727
202009 2.395 109.815 2.823
202012 2.549 109.897 3.002
202103 2.935 111.754 3.399
202106 3.978 114.631 4.491
202109 2.880 115.734 3.221
202112 3.402 117.630 3.743
202203 2.414 121.301 2.576
202206 1.776 125.017 1.839
202209 0.898 125.227 0.928
202212 -1.329 125.222 -1.374
202303 3.619 127.348 3.678
202306 0.866 128.729 0.871
202309 4.979 129.860 4.962
202312 6.733 129.419 6.733

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


Janashakthi Insurance Co  (COL:JINS.N0000) 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.

Janashakthi Insurance Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=40.00/8.87
=4.51

* 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 Janashakthi Insurance Co was 6.61. The lowest was 2.35. And the median was 3.79.


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.


Janashakthi Insurance Co Cyclically Adjusted FCF per Share Related Terms

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


Janashakthi Insurance Co (COL:JINS.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 75, Kumaran Ratnam Road, P.O. Box 1672, Colombo, LKA, 02
Janashakthi Insurance Co PLC is an insurance company. The company only operates in a Life Insurance business. Life insurance contracts offered by the Company include whole life, term assurance, retirement plans, critical illness benefit, endowment plans, disability insurance, surgery benefit, and daily hospital cash.

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