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FG Financial Group (FRA:LU5) Cyclically Adjusted FCF per Share : €0.00 (As of Dec. 2023)


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What is FG Financial Group Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

FG Financial Group's adjusted free cash flow per share for the three months ended in Dec. 2023 was €-0.239. 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 €0.00 for the trailing ten years ended in Dec. 2023.

During the past 12 months, FG Financial Group's average Cyclically Adjusted FCF Growth Rate was -71.40% 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 (2024-05-21), FG Financial Group's current stock price is €2.2985. FG Financial Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.00. FG Financial Group's Cyclically Adjusted Price-to-FCF of today is .

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of FG Financial Group was 12.53. The lowest was 2.90. And the median was 6.07.


FG Financial Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for FG Financial 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.

FG Financial Group Cyclically Adjusted FCF per Share Chart

FG Financial 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 - - - 0.34 -

FG Financial 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 0.34 0.32 0.43 0.38 -

Competitive Comparison of FG Financial Group's Cyclically Adjusted FCF per Share

For the Insurance - Diversified subindustry, FG Financial 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.


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

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

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



FG Financial 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, FG Financial 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)
=-0.239/129.4194*129.4194
=-0.239

Current CPI (Dec. 2023) = 129.4194.

FG Financial Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.010 99.695 1.311
201406 0.813 100.560 1.046
201409 -0.096 100.428 -0.124
201412 0.583 99.070 0.762
201503 0.145 99.621 0.188
201506 0.379 100.684 0.487
201509 0.156 100.392 0.201
201512 0.085 99.792 0.110
201603 -0.120 100.470 -0.155
201606 0.644 101.688 0.820
201609 -0.298 101.861 -0.379
201612 0.272 101.863 0.346
201703 0.166 102.862 0.209
201706 0.991 103.349 1.241
201709 -0.546 104.136 -0.679
201712 0.519 104.011 0.646
201803 1.437 105.290 1.766
201806 0.762 106.317 0.928
201809 0.760 106.507 0.923
201812 0.483 105.998 0.590
201903 0.254 107.251 0.307
201906 -0.251 108.070 -0.301
201909 -0.943 108.329 -1.127
201912 -2.149 108.420 -2.565
202003 -0.073 108.902 -0.087
202006 -0.259 108.767 -0.308
202009 -1.069 109.815 -1.260
202012 -0.265 109.897 -0.312
202103 -0.606 111.754 -0.702
202106 -0.374 114.631 -0.422
202109 -0.767 115.734 -0.858
202112 -0.611 117.630 -0.672
202203 -0.137 121.301 -0.146
202206 -0.013 125.017 -0.013
202209 -0.319 125.227 -0.330
202212 -0.709 125.222 -0.733
202303 0.074 127.348 0.075
202306 -0.204 128.729 -0.205
202309 -0.012 129.860 -0.012
202312 -0.239 129.419 -0.239

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


FG Financial Group  (FRA:LU5) 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.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of FG Financial Group was 12.53. The lowest was 2.90. And the median was 6.07.


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.


FG Financial Group Cyclically Adjusted FCF per Share Related Terms

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


FG Financial Group (FRA:LU5) Business Description

Traded in Other Exchanges
Address
104 S. Walnut Street, Unit 1A, Itasca, IL, USA, 60143
FG Financial Group Inc through its subsidiaries operates as diversified insurance, reinsurance, and investment management holding company. The company's segment includes Insurance and Asset Management. It generates maximum revenue from the Insurance segment.

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