Great-West Lifeco (LTS:0AH3) Cyclically Adjusted FCF per Share: C$7.76 (As of Mar. 2026)

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LTS:0AH3 Great-West Lifeco Inc LTS:0AH3
47 GF Score
Price C$91.55
GF Value C$52.17
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Great-West Lifeco Cyclically Adjusted FCF per Share?

Great-West Lifeco LTS:0AH3 +1.47% 47 Cyclically Adjusted FCF per Share is C$7.76 as of Mar. 2026. GuruFocus rates LTS:0AH3 with a GF Score™ of 47/100 and a GF Value™ of C$52.17 (Significantly Overvalued). The stock has 8 warning signs investors should review.

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.

Great-West Lifeco's adjusted free cash flow per share for the three months ended in Mar. 2026 was C$2.320. 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 C$7.76 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Great-West Lifeco's average Cyclically Adjusted FCF Growth Rate was 0.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -0.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 4.80% 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 Great-West Lifeco was 16.20% per year. The lowest was -0.30% per year. And the median was 5.60% per year.

As of today (2026-07-27), Great-West Lifeco's current stock price is C$91.55. Great-West Lifeco's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was C$7.76. Great-West Lifeco's Cyclically Adjusted Price-to-FCF of today is 11.80.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Great-West Lifeco was 11.88. The lowest was 3.14. And the median was 5.40.


Great-West Lifeco  (LTS:0AH3) 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.

Great-West Lifeco's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=91.55/7.76
=11.80

* 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 Great-West Lifeco was 11.88. The lowest was 3.14. And the median was 5.40.


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.


Great-West Lifeco Cyclically Adjusted FCF per Share Related Terms


Great-West Lifeco Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Great-West Lifeco'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.

Great-West Lifeco Cyclically Adjusted FCF per Share Chart

Great-West Lifeco Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.51 7.70 7.73 7.80 7.63

Great-West Lifeco Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.47 7.79 7.60 7.63 7.76

LTS:0AH3 vs AFL, MET, PRU: Cyclically Adjusted FCF per Share Comparison

For the Insurance - Life subindustry, Great-West Lifeco'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.


Great-West Lifeco Cyclically Adjusted Price-to-FCF vs Insurance Industry

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

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


LTS:0AH3
47GF Score
Great-West Lifeco Inc LTS:0AH3
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Great-West Lifeco 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, Great-West Lifeco's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.32/132.2623*132.2623
=2.320

Current CPI (Mar. 2026) = 132.2623.

Great-West Lifeco Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 1.786 102.002 2.316
201609 1.741 101.765 2.263
201612 1.406 101.449 1.833
201703 1.492 102.634 1.923
201706 1.303 103.029 1.673
201709 1.716 103.345 2.196
201712 2.310 103.345 2.956
201803 1.171 105.004 1.475
201806 1.171 105.557 1.467
201809 2.639 105.636 3.304
201812 1.585 105.399 1.989
201903 0.819 106.979 1.013
201906 2.914 107.690 3.579
201909 1.368 107.611 1.681
201912 1.389 107.769 1.705
202003 2.080 107.927 2.549
202006 1.572 108.401 1.918
202009 4.663 108.164 5.702
202012 2.043 108.559 2.489
202103 1.931 110.298 2.316
202106 1.141 111.720 1.351
202109 6.101 112.905 7.147
202112 1.961 113.774 2.280
202203 1.543 117.646 1.735
202206 2.600 120.806 2.847
202209 1.681 120.648 1.843
202212 -1.780 120.964 -1.946
202303 0.192 122.702 0.207
202306 2.543 124.203 2.708
202309 0.571 125.230 0.603
202312 2.266 125.072 2.396
202403 0.270 126.258 0.283
202406 1.642 127.522 1.703
202409 1.031 127.285 1.071
202412 2.137 127.364 2.219
202503 -0.178 129.181 -0.182
202506 1.592 129.892 1.621
202509 1.837 130.287 1.865
202512 -0.343 130.366 -0.348
202603 2.320 132.262 2.320

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

What does a Cyclically Adjusted FCF per Share of C$7.76 mean?
Great-West Lifeco (LTS:0AH3) has a Cyclically Adjusted FCF per Share of C$7.76 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Great-West Lifeco and its competitors.
Is Great-West Lifeco's Cyclically Adjusted FCF per Share too high?
Great-West Lifeco's current Cyclically Adjusted FCF per Share is C$7.76. Overall, Great-West Lifeco has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Great-West Lifeco's Cyclically Adjusted FCF per Share compare to AFL and MET?
Great-West Lifeco's Cyclically Adjusted FCF per Share of C$7.76 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for an Insurance company?
A good Cyclically Adjusted FCF per Share depends on the Insurance industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Great-West Lifeco and its competitors. Great-West Lifeco's current Cyclically Adjusted FCF per Share is C$7.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great-West Lifeco stock overvalued right now?
Based on GuruFocus' analysis, Great-West Lifeco (LTS:0AH3) is currently considered Significantly Overvalued. The stock's GF Value™ is C$52.17, compared to a current price of C$91.55 — trading 75.5% above its estimated fair value. The current Cyclically Adjusted FCF per Share is C$7.76. Great-West Lifeco's overall GF Score™ is 47/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Great-West Lifeco (LTS:0AH3), the current Cyclically Adjusted FCF per Share is C$7.76 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Great-West Lifeco (LTS:0AH3) Overvalued in 2026?

Based on GuruFocus' analysis, Great-West Lifeco stock appears to be overvalued. The current stock price of C$91.55 is trading 75.5% above its estimated GF Value™ of C$52.17. GuruFocus considers Great-West Lifeco to be Significantly Overvalued.

Key valuation signals for LTS:0AH3:

  • Cyclically Adjusted FCF per Share: C$7.76
  • GF Value™: C$52.17 vs. price of C$91.55 (75.5% above fair value)
  • GF Score™: 47/100 with 8 warning signs

No single metric tells the full story. See the LTS:0AH3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Great-West Lifeco Business Description

Address 100 Osborne Street North, Winnipeg, MB, CAN, R3C 1V3
Great-West Lifeco is one of the Big Three Canadian life insurers. The firm's Canadian business contributed around 31% of its 2025 adjusted earnings. The firm generates a further 29% of adjusted earnings from the United States, attributable to its recordkeeping business, Empower, and its US life insurance business. Great-West Lifeco also offers various products across European markets with a strong presence in the UK and Ireland, which collectively accounted for 20% of adjusted earnings, while the firm's reinsurance business accounts for the remainder. Great-West Lifeco had around CAD 3.5 trillion of assets under administration across its business segments at the end of December 2025.
47GF Score

Get the complete analysis for LTS:0AH3

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$91.55
Price
C$52.17
GF Value