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Stewart Information Services (Stewart Information Services) Cyclically Adjusted FCF per Share : $6.05 (As of Dec. 2023)


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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 Dec. 2023 was $1.123. 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 $6.05 for the trailing ten years ended in Dec. 2023.

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 (2024-04-30), Stewart Information Services's current stock price is $62.84. Stewart Information Services's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $6.05. Stewart Information Services's Cyclically Adjusted Price-to-FCF of today is 10.39.

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 3.19 4.07 5.67 6.05 6.05

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 5.98 5.93 6.03 6.05 -

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 Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.123/129.4194*129.4194
=1.123

Current CPI (Dec. 2023) = 129.4194.

Stewart Information Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -2.387 99.695 -3.099
201406 0.517 100.560 0.665
201409 1.652 100.428 2.129
201412 1.827 99.070 2.387
201503 -1.328 99.621 -1.725
201506 1.078 100.684 1.386
201509 2.509 100.392 3.234
201512 0.371 99.792 0.481
201603 -1.599 100.470 -2.060
201606 1.880 101.688 2.393
201609 1.838 101.861 2.335
201612 2.329 101.863 2.959
201703 -1.051 102.862 -1.322
201706 1.354 103.349 1.696
201709 1.207 104.136 1.500
201712 2.367 104.011 2.945
201803 -1.315 105.290 -1.616
201806 1.380 106.317 1.680
201809 1.417 106.507 1.722
201812 1.613 105.998 1.969
201903 -1.806 107.251 -2.179
201906 1.107 108.070 1.326
201909 4.697 108.329 5.611
201912 2.279 108.420 2.720
202003 -0.680 108.902 -0.808
202006 2.503 108.767 2.978
202009 3.441 109.815 4.055
202012 4.852 109.897 5.714
202103 1.546 111.754 1.790
202106 3.403 114.631 3.842
202109 3.564 115.734 3.985
202112 4.357 117.630 4.794
202203 0.823 121.301 0.878
202206 2.542 125.017 2.632
202209 1.454 125.227 1.503
202212 0.445 125.222 0.460
202303 -2.204 127.348 -2.240
202306 1.039 128.729 1.045
202309 1.647 129.860 1.641
202312 1.123 129.419 1.123

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


Stewart Information Services  (NYSE:STC) 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
=62.84/6.05
=10.39

* 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 (Stewart Information Services) 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.
Executives
Helen Vaid director 600 WEST CHICAGO AVE., STE 400, CHICAGO IL 60654
Frederick H Eppinger director THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN ST, WORCESTER MA 01653
Bradley C Allen Jr director AMERISAFE INC, 2301 HIGHWAY 190 WEST, DERIDDER LA 70634
Elizabeth Giddens officer: Chief Legal Officer; Secretary 10000 WEHRLE DRIVE, CLARENCE NY 14031
Hamm John Earl Jr. officer: EVP, Chief Information Officer 1360 POST OAK BLVD., SUITE 100, HOUSTON TX 77056
Steven Mark Lessack officer: Group President 1980 POST OAK BLVD., #800, HOUSTON TX 77056
Matthew Morris director, officer: Chief Executive Officer 1905 SHARP PL, HOUSTON TX 77019
Corey William S. Jr. director C/O STEWART INFORMATION SERVICES CORP., 1360 POST OAK BLVD., SUITE 100 MC-14-1, HOUSTON TX 77056
Deborah Jane Matz director C/O STEWART INFORMATION SERVICES CORP., 1360 POST OAK BLVD., SUITE 100 MC-14-1, HOUSTON TX 77056
Emily Kain officer: Chief Human Resource Officer C/O STEWART INFORMATION SERVICES CORP., 1360 POST OAK BLVD., SUITE 100, MC-14-1, HOUSTON TX 77056
Glenn C Christenson director 2411 W SAHARA AVENUE, LAS VEGAS NV 89102
James M Chadwick director C/O IMPERIAL HOLDINGS, INC., 701 PARK OF COMMERCE BLVD., #301, BOCA RATON FL 33487
Tara Smith officer: Group President STEWART INFORMATION SERVICES CORP., 1980 POST OAK BLVD., SUITE 710, HOUSTON TX 77056
Clifford Press director 152 WEST 57TH STREET, NEW YORK NY 10019
Robert Clarke director 711 LOUISIANA STREET, SUITE 2900, HOUSTON TX 77002-2781