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E-L Financial (E-L Financial) Cyclically Adjusted Price-to-FCF : 10.49 (As of Apr. 28, 2024)


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What is E-L Financial Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), E-L Financial's current share price is $800.62044. E-L Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $76.33. E-L Financial's Cyclically Adjusted Price-to-FCF for today is 10.49.

The historical rank and industry rank for E-L Financial's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ELFIF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.19   Med: 9.51   Max: 12.1
Current: 10.86

During the past years, E-L Financial's highest Cyclically Adjusted Price-to-FCF was 12.10. The lowest was 6.19. And the median was 9.51.

ELFIF's Cyclically Adjusted Price-to-FCF is ranked better than
51.54% of 324 companies
in the Insurance industry
Industry Median: 11.03 vs ELFIF: 10.86

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.

E-L Financial's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $79.966. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $76.33 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


E-L Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for E-L Financial'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.

E-L Financial Cyclically Adjusted Price-to-FCF Chart

E-L Financial 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 10.35 9.54 11.05 10.51 10.40

E-L 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 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 10.51 10.37 10.42 9.73 10.40

Competitive Comparison of E-L Financial's Cyclically Adjusted Price-to-FCF

For the Insurance - Life subindustry, E-L 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.


E-L Financial's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

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



E-L Financial 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.

E-L Financial's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=800.62044/76.33
=10.49

* 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.

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

For example, E-L 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)
=79.966/125.4675*125.4675
=79.966

Current CPI (Dec. 2023) = 125.4675.

E-L Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -3.106 98.604 -3.952
201406 16.243 99.473 20.488
201409 9.089 99.394 11.473
201412 15.880 98.367 20.255
201503 6.591 99.789 8.287
201506 13.902 100.500 17.356
201509 5.969 100.421 7.458
201512 9.112 99.947 11.439
201603 17.499 101.054 21.727
201606 18.084 102.002 22.244
201609 11.000 101.765 13.562
201612 14.137 101.449 17.484
201703 15.795 102.634 19.309
201706 12.078 103.029 14.708
201709 22.650 103.345 27.499
201712 11.209 103.345 13.608
201803 10.939 105.004 13.071
201806 16.192 105.557 19.246
201809 22.513 105.636 26.739
201812 17.930 105.399 21.344
201903 18.367 106.979 21.541
201906 13.609 107.690 15.856
201909 24.702 107.611 28.801
201912 15.707 107.769 18.286
202003 6.516 107.927 7.575
202006 23.578 108.401 27.290
202009 21.069 108.164 24.439
202012 9.664 108.559 11.169
202103 15.159 110.298 17.244
202106 12.944 111.720 14.537
202109 31.917 112.905 35.468
202112 8.229 113.774 9.075
202203 -0.089 117.646 -0.095
202206 15.431 120.806 16.026
202209 31.397 120.648 32.651
202212 19.842 120.964 20.581
202303 14.765 122.702 15.098
202306 20.196 124.203 20.402
202309 34.239 125.230 34.304
202312 79.966 125.468 79.966

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.


E-L Financial  (OTCPK:ELFIF) 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.


E-L Financial Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of E-L Financial's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


E-L Financial (E-L Financial) Business Description

Address
165 University Avenue, 10th Floor, Toronto, ON, CAN, M5H 3B8
E-L Financial Corp Ltd operates as an investment and insurance holding company that provides a broad range of wealth management products, individual insurance products, group plans, and financial services to meet the needs of individuals, professionals, and businesses. The firm has two segments; The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds, and annuity products, and the E-L Corporate segment operations include the oversight of investments in equities held through holdings of common shares, investment funds, closed-end investment companies, and other private companies. The firm generates a majority of its revenue from the E-L Corporate segment.

E-L Financial (E-L Financial) Headlines

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