GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Universal Insurance Holdings Inc (NYSE:UVE) » Definitions » Cyclically Adjusted Price-to-FCF

Universal Insurance Holdings (Universal Insurance Holdings) Cyclically Adjusted Price-to-FCF : 3.50 (As of Apr. 27, 2024)


View and export this data going back to 2003. Start your Free Trial

What is Universal Insurance Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Universal Insurance Holdings's current share price is $19.54. Universal Insurance Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $5.58. Universal Insurance Holdings's Cyclically Adjusted Price-to-FCF for today is 3.50.

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

UVE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.61   Med: 6.52   Max: 13.75
Current: 3.5

During the past years, Universal Insurance Holdings's highest Cyclically Adjusted Price-to-FCF was 13.75. The lowest was 1.61. And the median was 6.52.

UVE's Cyclically Adjusted Price-to-FCF is ranked better than
82.1% of 324 companies
in the Insurance industry
Industry Median: 11.03 vs UVE: 3.50

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.

Universal Insurance Holdings's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.028. 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 $5.58 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Universal Insurance Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Universal Insurance Holdings'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.

Universal Insurance Holdings Cyclically Adjusted Price-to-FCF Chart

Universal Insurance Holdings 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 7.06 3.73 3.57 1.87 2.86

Universal Insurance Holdings 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 1.87 3.56 2.97 2.55 2.86

Competitive Comparison of Universal Insurance Holdings's Cyclically Adjusted Price-to-FCF

For the Insurance - Property & Casualty subindustry, Universal Insurance Holdings'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.


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

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

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



Universal Insurance Holdings 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.

Universal Insurance Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.54/5.58
=3.50

* 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.

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

For example, Universal Insurance Holdings'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)
=-0.028/129.4194*129.4194
=-0.028

Current CPI (Dec. 2023) = 129.4194.

Universal Insurance Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.817 99.695 1.061
201406 1.933 100.560 2.488
201409 1.012 100.428 1.304
201412 -0.517 99.070 -0.675
201503 1.470 99.621 1.910
201506 4.085 100.684 5.251
201509 0.854 100.392 1.101
201512 -0.656 99.792 -0.851
201603 1.180 100.470 1.520
201606 3.001 101.688 3.819
201609 0.660 101.861 0.839
201612 -1.659 101.863 -2.108
201703 1.955 102.862 2.460
201706 1.876 103.349 2.349
201709 4.053 104.136 5.037
201712 -1.188 104.011 -1.478
201803 1.431 105.290 1.759
201806 2.895 106.317 3.524
201809 1.789 106.507 2.174
201812 0.141 105.998 0.172
201903 0.712 107.251 0.859
201906 0.661 108.070 0.792
201909 -0.032 108.329 -0.038
201912 0.795 108.420 0.949
202003 1.251 108.902 1.487
202006 4.342 108.767 5.166
202009 -0.684 109.815 -0.806
202012 -4.694 109.897 -5.528
202103 1.920 111.754 2.223
202106 6.197 114.631 6.996
202109 0.479 115.734 0.536
202112 -1.339 117.630 -1.473
202203 -0.937 121.301 -1.000
202206 8.124 125.017 8.410
202209 -0.094 125.227 -0.097
202212 3.314 125.222 3.425
202303 -1.664 127.348 -1.691
202306 1.647 128.729 1.656
202309 2.304 129.860 2.296
202312 -0.028 129.419 -0.028

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.


Universal Insurance Holdings  (NYSE:UVE) 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.


Universal Insurance Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Universal Insurance Holdings (Universal Insurance Holdings) Business Description

Traded in Other Exchanges
Address
1110 West Commercial Boulevard, Fort Lauderdale, FL, USA, 33309
Universal Insurance Holdings Inc is a private personal residential homeowner insurance company. The company all aspects of insurance underwriting, policy issuance, general administration and claims processing and settlement internally through our vertically integrated operations. It generates revenues primarily from the collection of premiums. It operates within Florida and across the United States.
Executives
Sean P Downes director 2875 N.E. 191ST, SUITE 300, MIAMI FL 33180
Stephen Donaghy director, officer: CEO UNIVERSAL INSURANCE HOLDINGS INC., 1110 WEST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33309
Michael Pietrangelo director 6410 POPLAR AVE, STE 190, MIMPHIS TN 38119
Gary Lloyd Ropiecki officer: Principal Accounting Officer 1110 W. COMMERCIAL BLVD., FORT LAUDERDALE FL 33309
Jon Springer director, officer: President and CRO UNIVERSAL INSURANCE HOLDINGS INC., 1110 WEST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33309
Shannon A Brown director 1001 TILLMAN STREET, MEMPHIS TN 38112
Mccahill Francis Xavier Iii director 1314 SOUTH RAMONA AVENUE, INDIALANTIC FL 32903
Scott P. Callahan director 1110 W. COMMERCIAL BLVD., SUITE 100, FORT LAUDERDALE FL 33309
Joel Wilentz director 5811 SW 33RD TERR, FORT LAUDERDALE FL 33312
Ozzie A Schindler director 1451 STILLWATER DRIVE, MIAMI BEACH FL 33141-1031
Richard D Peterson director 1110 WEST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33309
Marlene Gordon director C/O FRESH DEL MONTE PRODUCE INC.,, PO BOX 149222, CORAL GABLES FL 33134
Frank Wilcox officer: CFO, Principal Acct. Officer 1110 W. COMMERCIAL BLVD., SUITE 100, FORT LAUDERDALE FL 33309
Kimberly D Campos director, officer: CIO & CAO 1110 WEST COMMERCIAL BOULEVARD, SUITE 100, FORT LAUDERDALE FL 33309
Ralph J. Palmieri director 1110 WEST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33309

Universal Insurance Holdings (Universal Insurance Holdings) Headlines