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Kingstone (Kingstone) Cyclically Adjusted FCF per Share : $1.56 (As of Dec. 2023)


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What is Kingstone 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.

Kingstone's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.370. 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 $1.56 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Kingstone's average Cyclically Adjusted FCF Growth Rate was -16.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -6.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -3.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 9.80% 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 Kingstone was 50.80% per year. The lowest was -6.40% per year. And the median was 16.30% per year.

As of today (2024-04-27), Kingstone's current stock price is $4.40. Kingstone's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.56. Kingstone's Cyclically Adjusted Price-to-FCF of today is 2.82.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Kingstone was 13.16. The lowest was 0.47. And the median was 6.94.


Kingstone Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Kingstone'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.

Kingstone Cyclically Adjusted FCF per Share Chart

Kingstone 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 2.12 1.90 2.00 1.86 1.56

Kingstone 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 1.86 1.78 1.68 1.59 1.56

Competitive Comparison of Kingstone's Cyclically Adjusted FCF per Share

For the Insurance - Property & Casualty subindustry, Kingstone'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.


Kingstone's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

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



Kingstone 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, Kingstone'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)
=0.37/129.4194*129.4194
=0.370

Current CPI (Dec. 2023) = 129.4194.

Kingstone Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.055 99.695 0.071
201406 0.542 100.560 0.698
201409 0.802 100.428 1.034
201412 0.955 99.070 1.248
201503 0.091 99.621 0.118
201506 0.281 100.684 0.361
201509 1.195 100.392 1.541
201512 1.024 99.792 1.328
201603 0.338 100.470 0.435
201606 0.636 101.688 0.809
201609 0.686 101.861 0.872
201612 0.208 101.863 0.264
201703 0.148 102.862 0.186
201706 0.426 103.349 0.533
201709 1.188 104.136 1.476
201712 0.580 104.011 0.722
201803 -0.029 105.290 -0.036
201806 0.454 106.317 0.553
201809 1.070 106.507 1.300
201812 0.318 105.998 0.388
201903 0.154 107.251 0.186
201906 0.630 108.070 0.754
201909 0.729 108.329 0.871
201912 0.891 108.420 1.064
202003 -1.452 108.902 -1.726
202006 0.429 108.767 0.510
202009 -0.058 109.815 -0.068
202012 -0.174 109.897 -0.205
202103 0.034 111.754 0.039
202106 1.089 114.631 1.229
202109 1.329 115.734 1.486
202112 -0.602 117.630 -0.662
202203 -1.783 121.301 -1.902
202206 0.253 125.017 0.262
202209 0.469 125.227 0.485
202212 0.544 125.222 0.562
202303 -0.356 127.348 -0.362
202306 -1.309 128.729 -1.316
202309 0.072 129.860 0.072
202312 0.370 129.419 0.370

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


Kingstone  (NAS:KINS) 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.

Kingstone's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.40/1.56
=2.82

* 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 Kingstone was 13.16. The lowest was 0.47. And the median was 6.94.


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.


Kingstone Cyclically Adjusted FCF per Share Related Terms

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


Kingstone (Kingstone) Business Description

Traded in Other Exchanges
N/A
Address
15 Joys Lane, Kingston, NY, USA, 12401
Kingstone Companies Inc is a multi-line regional property and casualty insurance holding company. It offers insurance policies to small and mid-sized businesses as well as to individuals.
Executives
Meryl S. Golden director, officer: Chief Operating Officer 15 JOYS LANE, KINGSTON NY 12401
Timothy P Mcfadden director 310 8TH AVENUE NORTH, ST. PETERSBURG FL 33701
Michelle A. Gage officer: Chief Accounting Officer C/O KINGSTONE COMPANIES, INC., 15 JOYS LANE, KINGSTON NY 12401
Minlei Chen officer: Chief Actuary and Senior VP KINGSTONE INSURANCE COMPANY, 15 JOYS LANE, KINGSTON NY 12401
Jennifer Gravelle officer: Chief Financial Officer C/O KINGSTONE COMPANIES, INC., 15 JOYS LANE, KINGSTON NY 12401
Pelt Scott Van officer: Chief Financial Officer, Treas C/O KINGSTONE COMPANIES, INC., 15 JOYS LANE, KINGSTON NY 12401
William L Yankus director 10 PHEASANT HILL, FARMINGTON CT 06032
Richard Jason Swartz officer: Chief Accounting Officer 70 EAST SUNRISE HIGHWAY, VALLEY STREAM NY 11581
Floyd R Tupper director C/O KINGSTONE COMPANIES, INC., 15 JOYS LANE, KINGSTON NY 12401
Barry Goldstein director, 10 percent owner, officer: President, COB, CEO, CFO, Trea 15 JOYS LANE, KINGSTON NY 12401
Jay M Haft director, 10 percent owner C/O NEUROTROPE, INC., 50 PARK PLACE, SUITE 1401, NEWARK NJ 07102
Dale A Thatcher director 40 WANTAGE AVE, BRANCHVILLE NJ 07890
Carla D'andre director 3540 LOQUAT AVENUE, MIAMI FL 33133
Jack D Siebald director 1336 BOXWOOD DRIVE WEST, HEWLETT HARBOR NY 11557
Benjamin Walden officer: VP+Chief Actuary-Kingstone Ins 11 MILL POND LANE, CENTERPORT NY 11721