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Stewart Information Services (FRA:SIU) Cyclically Adjusted FCF per Share : €5.55 (As of Mar. 2024)


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What is Stewart Information Services 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.

Stewart Information Services's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-1.307. 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 €5.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Stewart Information Services'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 14.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 22.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 23.90% 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 Stewart Information Services was 72.60% per year. The lowest was -40.80% per year. And the median was 6.80% per year.

As of today (2024-05-23), Stewart Information Services's current stock price is €60.00. Stewart Information Services's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €5.55. Stewart Information Services's Cyclically Adjusted Price-to-FCF of today is 10.81.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Stewart Information Services was 80.19. The lowest was 5.81. And the median was 16.17.


Stewart Information Services Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Stewart Information Services'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.

Stewart Information Services Cyclically Adjusted FCF per Share Chart

Stewart Information Services 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 2.88 3.28 4.94 5.64 5.46

Stewart Information Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.28 5.33 5.73 5.46 5.55

Competitive Comparison of Stewart Information Services's Cyclically Adjusted FCF per Share

For the Insurance - Property & Casualty subindustry, Stewart Information Services'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.


Stewart Information Services's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

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



Stewart Information Services 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, Stewart Information Services's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-1.307/131.7762*131.7762
=-1.307

Current CPI (Mar. 2024) = 131.7762.

Stewart Information Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.380 100.560 0.498
201409 1.282 100.428 1.682
201412 1.482 99.070 1.971
201503 -1.227 99.621 -1.623
201506 0.960 100.684 1.256
201509 2.236 100.392 2.935
201512 0.340 99.792 0.449
201603 -1.436 100.470 -1.883
201606 1.674 101.688 2.169
201609 1.638 101.861 2.119
201612 2.208 101.863 2.856
201703 -0.983 102.862 -1.259
201706 1.205 103.349 1.536
201709 1.012 104.136 1.281
201712 2.000 104.011 2.534
201803 -1.067 105.290 -1.335
201806 1.181 106.317 1.464
201809 1.214 106.507 1.502
201812 1.418 105.998 1.763
201903 -1.598 107.251 -1.963
201906 0.980 108.070 1.195
201909 4.264 108.329 5.187
201912 2.051 108.420 2.493
202003 -0.615 108.902 -0.744
202006 2.222 108.767 2.692
202009 2.922 109.815 3.506
202012 3.988 109.897 4.782
202103 1.299 111.754 1.532
202106 2.825 114.631 3.248
202109 3.030 115.734 3.450
202112 3.856 117.630 4.320
202203 0.747 121.301 0.812
202206 2.405 125.017 2.535
202209 1.469 125.227 1.546
202212 0.420 125.222 0.442
202303 -2.059 127.348 -2.131
202306 0.959 128.729 0.982
202309 1.543 129.860 1.566
202312 1.030 129.419 1.049
202403 -1.307 131.776 -1.307

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


Stewart Information Services  (FRA:SIU) 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.

Stewart Information Services's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=60.00/5.55
=10.81

* 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 Stewart Information Services was 80.19. The lowest was 5.81. And the median was 16.17.


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.


Stewart Information Services Cyclically Adjusted FCF per Share Related Terms

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


Stewart Information Services (FRA:SIU) Business Description

Traded in Other Exchanges
Address
1360 Post Oak Boulevard, Suite 100, Houston, TX, USA, 77056
Stewart Information Services Corp is a customer-focused, title insurance and real estate services company offering products and services to home buyers and sellers, mortgage lenders and servicers, attorneys, and home builders. It has three operating segments; Title insurance and related services include the functions of searching, examining, closing, and insuring the condition of the title to real property. It also includes home and personal insurance services, Real estate solutions segment supports the real estate mortgage industry by providing appraisal management services, online notarization and closing solutions, credit, and real estate information services, search and valuation services, and Corporate and Other segment is comprised of the parent holding company.

Stewart Information Services (FRA:SIU) Headlines

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