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Meritz Fire & Marine Insurance Co (XKRX:000060) Cyclically Adjusted FCF per Share : ₩0.00 (As of Sep. 2022)


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What is Meritz Fire & Marine 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.

Meritz Fire & Marine Insurance Co's adjusted free cash flow per share for the three months ended in Sep. 2022 was ₩3,764.568. 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 Sep. 2022.

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 (2024-05-30), Meritz Fire & Marine Insurance Co's current stock price is ₩51600.00. Meritz Fire & Marine Insurance Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2022 was ₩0.00. Meritz Fire & Marine Insurance Co's Cyclically Adjusted Price-to-FCF of today is .


Meritz Fire & Marine Insurance Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Meritz Fire & Marine 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.

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Meritz Fire & Marine Insurance Co Cyclically Adjusted FCF per Share Chart

Meritz Fire & Marine Insurance Co Annual Data
Trend Mar12 Mar13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted FCF per Share
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Meritz Fire & Marine Insurance Co Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Meritz Fire & Marine Insurance Co's Cyclically Adjusted FCF per Share

For the Insurance - Property & Casualty subindustry, Meritz Fire & Marine 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.


Meritz Fire & Marine Insurance Co's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

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



Meritz Fire & Marine 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, Meritz Fire & Marine Insurance Co's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2022 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=3764.568/114.8313*114.8313
=3,764.568

Current CPI (Sep. 2022) = 114.8313.

Meritz Fire & Marine Insurance Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201209 3,326.324 97.523 3,916.677
201212 2,377.711 97.168 2,809.934
201303 -1,550.971 97.987 -1,817.588
201306 3,439.054 97.732 4,040.755
201309 2,322.738 98.479 2,708.425
201403 -72.771 99.253 -84.193
201406 26.966 99.353 31.167
201409 -987.776 99.608 -1,138.740
201412 1,533.580 99.098 1,777.059
201503 4,225.812 99.720 4,866.180
201506 8,084.799 100.050 9,279.240
201509 -1,537.438 100.110 -1,763.520
201512 -1,797.198 100.220 -2,059.216
201603 2,019.409 100.560 2,306.000
201606 -819.196 100.790 -933.320
201609 3,386.619 101.460 3,832.938
201612 3,322.270 101.560 3,756.406
201703 6,178.038 102.850 6,897.736
201706 4,206.124 102.610 4,707.092
201709 6,190.542 103.490 6,868.953
201712 4,056.467 102.990 4,522.860
201803 3,279.911 104.100 3,618.025
201806 917.515 104.130 1,011.807
201809 7,915.745 105.650 8,603.647
201812 -197.731 104.350 -217.592
201903 1,965.307 104.490 2,159.812
201906 60.059 104.880 65.758
201909 3,780.257 105.200 4,126.348
201912 3,084.023 105.120 3,368.934
202003 -3,156.737 105.540 -3,434.643
202006 1,143.463 104.870 1,252.077
202009 4,347.425 106.200 4,700.758
202012 632.058 105.765 686.236
202103 12,327.502 107.357 13,185.730
202106 8,575.505 107.579 9,153.646
202109 -4,527.834 108.759 -4,780.626
202112 -495.856 109.676 -519.162
202203 5,514.293 111.806 5,663.511
202206 9,592.851 114.083 9,655.790
202209 3,764.568 114.831 3,764.568

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


Meritz Fire & Marine Insurance Co  (XKRX:000060) 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.


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.


Meritz Fire & Marine Insurance Co Cyclically Adjusted FCF per Share Related Terms

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


Meritz Fire & Marine Insurance Co (XKRX:000060) Business Description

Traded in Other Exchanges
N/A
Address
382 Gangnamdae-ro, Meritz Tower, Gangnam-gu, Seoul, KOR
Meritz Fire & Marine Insurance Co Ltd is a property and casualty insurance company. The company operates one segment that focuses on property and casualty insurance products in Korea. The company offers automobile insurance, life and health insurance, and commercial liability insurance products. Meritz generates all of its revenue in South Korea. Meritz also provides child insurance, cancer insurance, and assurance analysis services. The company considers merger and acquisition investment as a component of its operational growth strategy.

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