Sun Life Financial (PHS:SLF) Cyclically Adjusted FCF per Share: ₱270.14 (As of Mar. 2026)


PHS:SLF Sun Life Financial Inc PHS:SLF
75 GF Score
Price ₱4,504.00
GF Value ₱3,546.89
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Sun Life Financial Cyclically Adjusted FCF per Share?

Sun Life Financial PHS:SLF -2.09% 75 Cyclically Adjusted FCF per Share is ₱270.14 as of Mar. 2026. GuruFocus rates PHS:SLF with a GF Score™ of 75/100 and a GF Value™ of ₱3,546.89 (Modestly 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.

Sun Life Financial's adjusted free cash flow per share for the three months ended in Mar. 2026 was ₱171.409. 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 ₱270.14 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Sun Life Financial's average Cyclically Adjusted FCF Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 11.30% 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 Sun Life Financial was 19.20% per year. The lowest was -16.90% per year. And the median was 6.55% per year.

As of today (2026-06-28), Sun Life Financial's current stock price is ₱4504.00. Sun Life Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ₱270.14. Sun Life Financial's Cyclically Adjusted Price-to-FCF of today is 16.67.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sun Life Financial was 25.55. The lowest was 10.38. And the median was 13.80.


Sun Life Financial  (PHS:SLF) 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.

Sun Life Financial's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4504.00/270.14
=16.67

* 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 Sun Life Financial was 25.55. The lowest was 10.38. And the median was 13.80.


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.


Sun Life Financial Cyclically Adjusted FCF per Share Related Terms


Sun Life Financial Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Sun Life 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.

Sun Life Financial Cyclically Adjusted FCF per Share Chart

Sun Life Financial 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 171.06 214.70 244.61 252.56 242.50

Sun Life Financial 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 235.98 240.78 244.43 242.50 270.14

PHS:SLF vs BRK.A, AIG, HIG: Cyclically Adjusted FCF per Share Comparison

For the Insurance - Diversified subindustry, Sun Life 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.


Sun Life Financial Cyclically Adjusted Price-to-FCF vs Insurance Industry

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

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


PHS:SLF
75GF Score
Sun Life Financial Inc PHS:SLF
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sun Life 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, Sun Life Financial'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)
=171.409/132.2623*132.2623
=171.409

Current CPI (Mar. 2026) = 132.2623.

Sun Life Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 99.908 102.002 129.548
201609 45.857 101.765 59.600
201612 98.205 101.449 128.034
201703 -48.816 102.634 -62.908
201706 94.515 103.029 121.333
201709 47.504 103.345 60.796
201712 46.686 103.345 59.750
201803 33.085 105.004 41.674
201806 28.570 105.557 35.798
201809 83.684 105.636 104.777
201812 137.922 105.399 173.075
201903 -95.643 106.979 -118.247
201906 144.776 107.690 177.810
201909 12.661 107.611 15.561
201912 123.218 107.769 151.222
202003 -14.292 107.927 -17.515
202006 234.375 108.401 285.965
202009 244.320 108.164 298.752
202012 90.849 108.559 110.685
202103 -84.092 110.298 -100.838
202106 20.287 111.720 24.017
202109 70.847 112.905 82.994
202112 -163.852 113.774 -190.478
202203 -40.146 117.646 -45.134
202206 160.915 120.806 176.175
202209 143.556 120.648 157.376
202212 69.904 120.964 76.433
202303 -3.639 122.702 -3.923
202306 19.283 124.203 20.534
202309 142.363 125.230 150.357
202312 263.650 125.072 278.806
202403 -194.938 126.258 -204.209
202406 87.242 127.522 90.485
202409 249.371 127.285 259.123
202412 42.656 127.364 44.297
202503 -30.618 129.181 -31.348
202506 60.433 129.892 61.536
202509 89.729 130.287 91.089
202512 91.990 130.366 93.328
202603 171.409 132.262 171.409

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 ₱270.14 mean?
Sun Life Financial (PHS:SLF) has a Cyclically Adjusted FCF per Share of ₱270.14 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 Sun Life Financial and its competitors.
Is Sun Life Financial's Cyclically Adjusted FCF per Share too high?
Sun Life Financial's current Cyclically Adjusted FCF per Share is ₱270.14. Overall, Sun Life Financial has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sun Life Financial's Cyclically Adjusted FCF per Share compare to BRK.A and AIG?
Sun Life Financial's Cyclically Adjusted FCF per Share of ₱270.14 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 Sun Life Financial and its competitors. Sun Life Financial's current Cyclically Adjusted FCF per Share is ₱270.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Life Financial stock overvalued right now?
Based on GuruFocus' analysis, Sun Life Financial (PHS:SLF) is currently considered Modestly Overvalued. The stock's GF Value™ is ₱3,546.89, compared to a current price of ₱4,504.00 — trading 27% above its estimated fair value. The current Cyclically Adjusted FCF per Share is ₱270.14. Sun Life Financial's overall GF Score™ is 75/100 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 Sun Life Financial (PHS:SLF), the current Cyclically Adjusted FCF per Share is ₱270.14 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 Sun Life Financial (PHS:SLF) Overvalued in 2026?

Based on GuruFocus' analysis, Sun Life Financial stock appears to be overvalued. The current stock price of ₱4,504.00 is trading 27% above its estimated GF Value™ of ₱3,546.89. GuruFocus considers Sun Life Financial to be Modestly Overvalued.

Key valuation signals for PHS:SLF:

  • Cyclically Adjusted FCF per Share: ₱270.14
  • GF Value™: ₱3,546.89 vs. price of ₱4,504.00 (27% above fair value)
  • GF Score™: 75/100 with 8 warning signs

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


Sun Life Financial Business Description

Address 1 York Street, 31st Floor, Toronto, ON, CAN, M5J 0B6
Sun Life Financial is one of the Big Three Canadian life insurers. The Canadian business contributed around 35% of its 2025 adjusted earnings. In that segment, the firm provides health, life insurance, and annuity products to individual and group customers. Its US business is mostly group health and contributed about 17% of the firm's adjusted earnings in 2025. Sun Life also offers life insurance and wealth products in several Asian markets with a strong presence in Hong Kong and the Philippines. The Asia segment contributed around 18% of adjusted 2024 earnings. Its asset management business had around CAD 1.2 trillion total assets under management or administration at the end of 2025 and represents around 30% of the firm's earnings.
75GF Score

Get the complete analysis for PHS:SLF

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

₱4,504.00
Price
₱3,546.89
GF Value