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Markel Group (Markel Group) Cyclically Adjusted Price-to-FCF : 13.29 (As of Apr. 27, 2024)


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What is Markel Group Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Markel Group's current share price is $1436.52. Markel Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $108.08. Markel Group's Cyclically Adjusted Price-to-FCF for today is 13.29.

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

MKL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.3   Med: 18.89   Max: 30.03
Current: 13.29

During the past years, Markel Group's highest Cyclically Adjusted Price-to-FCF was 30.03. The lowest was 10.30. And the median was 18.89.

MKL's Cyclically Adjusted Price-to-FCF is ranked worse than
58.33% of 324 companies
in the Insurance industry
Industry Median: 11.03 vs MKL: 13.29

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.

Markel Group's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $54.084. 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 $108.08 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Markel Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Markel 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.

Markel Group Cyclically Adjusted Price-to-FCF Chart

Markel 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 23.76 17.84 16.56 14.18 13.14

Markel 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 14.18 13.34 13.82 14.05 13.14

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

For the Insurance - Property & Casualty subindustry, Markel 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.


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

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

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



Markel 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.

Markel Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1436.52/108.08
=13.29

* 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.

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

For example, Markel 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)
=54.084/129.4194*129.4194
=54.084

Current CPI (Dec. 2023) = 129.4194.

Markel Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.832 99.695 1.080
201406 14.758 100.560 18.993
201409 18.864 100.428 24.310
201412 10.693 99.070 13.969
201503 -0.055 99.621 -0.071
201506 14.223 100.684 18.282
201509 20.569 100.392 26.516
201512 5.901 99.792 7.653
201603 -8.489 100.470 -10.935
201606 11.006 101.688 14.007
201609 16.983 101.861 21.578
201612 13.937 101.863 17.707
201703 -0.279 102.862 -0.351
201706 14.715 103.349 18.427
201709 24.749 104.136 30.758
201712 16.841 104.011 20.955
201803 2.463 105.290 3.027
201806 15.831 106.317 19.271
201809 30.778 106.507 37.399
201812 7.327 105.998 8.946
201903 -0.434 107.251 -0.524
201906 14.841 108.070 17.773
201909 30.047 108.329 35.897
201912 38.496 108.420 45.952
202003 2.589 108.902 3.077
202006 29.108 108.767 34.635
202009 54.296 109.815 63.989
202012 32.287 109.897 38.023
202103 20.770 111.754 24.053
202106 34.013 114.631 38.401
202109 56.892 115.734 63.619
202112 42.667 117.630 46.943
202203 26.602 121.301 28.382
202206 32.858 125.017 34.015
202209 63.299 125.227 65.418
202212 58.085 125.222 60.032
202303 18.330 127.348 18.628
202306 50.867 128.729 51.140
202309 65.943 129.860 65.720
202312 54.084 129.419 54.084

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.


Markel Group  (NYSE:MKL) 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.


Markel Group Cyclically Adjusted Price-to-FCF Related Terms

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


Markel Group (Markel Group) Business Description

Industry
Traded in Other Exchanges
Address
4521 Highwoods Parkway, Glen Allen, VA, USA, 23060-6148
Markel's primary business is property and casualty insurance, and the company focuses primarily on specialty lines, ranging from areas such as executive liability to commercial equine insurance. The acquisition of Alterra in 2013 added substantial reinsurance operations, which now account for a little less than 15% of premiums. The company uses capital generated by its insurance operations to buy noninsurance operations in diverse areas, such as bakery equipment manufacturing and residential homebuilding.
Executives
Lawrence A Cunningham director 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Mark Besca director 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
A. Lynne Puckett director C/O 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Thomas Sinnickson Gayner officer: Pres. & Chief Investment Off. C/O MARKEL CORP, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Steven A Markel director, officer: Vice Chairman
Greta J Harris director 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Morgan E. Housel director 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Teresa S Gendron officer: Chief Financial Officer 520 MADISON AVE., C/O JEFFERIES FINANCIAL GROUP INC., NEW YORK NY 10022
Diane Leopold director 120 TREDEGAR STREET, RICHMOND VA 23219
Anthony F Markel director, officer: Vice Chairman 4551 COX RD, GLEN ALLEN VA 23060
Andrew G. Crowley officer: President, Markel Ventures 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Whitt Richard R Iii officer: President & Co-COO C/O MARKEL CORPORATION, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Brian J. Costanzo officer: CAO and Controller 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Stewart M Kasen director 5818 EL CAMINO REAL, CARLSBAD CA 92008
Susan L. Davies officer: CHRO, Markel Insurance MARKEL CORPORATION, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060