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FG Financial Group (FRA:LU5) Cyclically Adjusted Price-to-FCF : (As of May. 20, 2024)


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What is FG Financial Group Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


FG Financial Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for FG Financial Group's Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Chart

FG Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 6.83 13.50

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 Price-to-FCF 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 6.83 7.05 5.28 6.00 13.50

Competitive Comparison of FG Financial Group's Cyclically Adjusted Price-to-FCF

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 Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

FG Financial Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

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.

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.


FG Financial Group  (FRA:LU5) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


FG Financial Group Cyclically Adjusted Price-to-FCF Related Terms

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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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