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Security National Financial (Security National Financial) Cyclically Adjusted FCF per Share : $0.59 (As of Dec. 2023)


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What is Security National Financial 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.

Security National Financial's adjusted free cash flow per share for the three months ended in Dec. 2023 was $1.556. 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 $0.59 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Security National Financial's average Cyclically Adjusted FCF Growth Rate was 3.50% 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 Security National Financial was 111.80% per year. The lowest was -55.30% per year. And the median was 6.00% per year.

As of today (2024-04-29), Security National Financial's current stock price is $6.72. Security National Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.59. Security National Financial's Cyclically Adjusted Price-to-FCF of today is 11.39.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Security National Financial was 436.73. The lowest was 1.90. And the median was 7.77.


Security National Financial Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Security National Financial'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.

Security National Financial Cyclically Adjusted FCF per Share Chart

Security National Financial 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 0.06 -0.37 0.16 0.57 0.59

Security National Financial 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 0.57 0.47 0.34 0.39 0.59

Competitive Comparison of Security National Financial's Cyclically Adjusted FCF per Share

For the Mortgage Finance subindustry, Security National Financial'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.


Security National Financial's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Security National Financial 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, Security National Financial'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)
=1.556/129.4194*129.4194
=1.556

Current CPI (Dec. 2023) = 129.4194.

Security National Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.152 99.695 1.495
201406 0.887 100.560 1.142
201409 -0.229 100.428 -0.295
201412 -2.053 99.070 -2.682
201503 0.017 99.621 0.022
201506 -1.015 100.684 -1.305
201509 0.700 100.392 0.902
201512 -1.054 99.792 -1.367
201603 1.262 100.470 1.626
201606 -1.864 101.688 -2.372
201609 1.374 101.861 1.746
201612 0.627 101.863 0.797
201703 1.411 102.862 1.775
201706 -0.492 103.349 -0.616
201709 -0.661 104.136 -0.821
201712 1.469 104.011 1.828
201803 0.399 105.290 0.490
201806 -1.714 106.317 -2.086
201809 0.793 106.507 0.964
201812 0.654 105.998 0.799
201903 0.894 107.251 1.079
201906 -2.712 108.070 -3.248
201909 -1.046 108.329 -1.250
201912 -0.635 108.420 -0.758
202003 -2.950 108.902 -3.506
202006 -1.978 108.767 -2.354
202009 -2.453 109.815 -2.891
202012 1.517 109.897 1.786
202103 4.236 111.754 4.906
202106 1.000 114.631 1.129
202109 0.154 115.734 0.172
202112 0.638 117.630 0.702
202203 3.086 121.301 3.293
202206 1.021 125.017 1.057
202209 0.503 125.227 0.520
202212 0.890 125.222 0.920
202303 -0.719 127.348 -0.731
202306 0.759 128.729 0.763
202309 0.698 129.860 0.696
202312 1.556 129.419 1.556

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


Security National Financial  (NAS:SNFCA) 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.

Security National Financial's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.72/0.59
=11.39

* 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 Security National Financial was 436.73. The lowest was 1.90. And the median was 7.77.


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.


Security National Financial Cyclically Adjusted FCF per Share Related Terms

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


Security National Financial (Security National Financial) Business Description

Traded in Other Exchanges
Address
433 West Ascension Way, Salt Lake City, UT, USA, 84123
Security National Financial Corp is engaged in the life insurance, cemetery and mortuary, and mortgage loan businesses. The life insurance segment is engaged in the business of selling and servicing selected lines of life insurance, annuity products, and accident and health insurance. Its cemetery and mortuary segment consists of approximately seven mortuaries and five cemeteries in the state of Utah and a cemetery in the state of California. The mortgage loan segment originates and underwrites or otherwise purchases residential and commercial loans for new construction, existing homes, and real estate projects. Geographically all the business activity is functioned through the region of the USA and it derives the majority of revenue from Mortgage segment.
Executives
Gilbert A Fuller director 55 WANDERWOOD WAY, SANDY UT 84092
Jeffrey Russell Stephens officer: General Counsel, Corporate Sec 38 NORTHRIDGE WAY, SANDY UT 84092
Howard Craig Moody director 11892 SOUTH BROOKGLEN DRIVE, SANDY UT 84092
Jason G. Overbaugh director, officer: VP, Asst. Corp Sec. 13471 SOUTH TUSCALEE WAY, DRAPER UT 84020
Ludmya B Love director 913 WEST GROUSE CIRCLE, SARATOGA SPRINGS UT 84045
Shital Ashok Mehta director 59 N SANTA CRUZ AVENUE, STE Y, LOS GATOS CA 95030
Norman G Wilbur director 2637 MUSTANG DRIVE, MEAD CO 80542
Garrett S. Sill officer: Acting CFO 2463 SOUTH 1375 WEST, SYRACUSE UT 84075
Adam George Quist officer: VP Mem Serv Asst Sec. Gen Con 4057 SOUTH OLIVIA VIEW LANE, SALT LAKE CITY UT 84107
Scott M Quist director, officer: Pres., Chief Operating Officer 7 WANDERWOOD WAY, SANDY UT 84092
Stephen Charles Johnson officer: VP of Mortgage Operations 886 SOUTH ROUECHE LANE, KAYSVILLE UT 84037
Jordan Capital Am, Llc 10 percent owner 3500 PIEDMONT RD NE, SUITE 330, ATLANTA GA 30305
John L Cook director 2424 SUMMER OAK CIRCLE, SANDY UT 84092
S. Andrew Quist director, officer: VP and Assoc General Counsel 272 EAST BROADLEAF CIRCLE, DRAPER UT 84020
Beckstead Jack Lynn Jr director, officer: V.P. Mortgage Operations 190 NORTH MATTERHORN DRIVE, ALPINE UT 84004

Security National Financial (Security National Financial) Headlines