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AIA Group (AIA Group) Cyclically Adjusted Price-to-FCF : 24.57 (As of Apr. 30, 2024)


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

As of today (2024-04-30), AIA Group's current share price is $29.24. AIA Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $1.19. AIA Group's Cyclically Adjusted Price-to-FCF for today is 24.57.

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

AAGIY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.26   Med: 100.11   Max: 239.19
Current: 24.78

During the past 13 years, AIA Group's highest Cyclically Adjusted Price-to-FCF was 239.19. The lowest was 20.26. And the median was 100.11.

AAGIY's Cyclically Adjusted Price-to-FCF is ranked worse than
77.91% of 326 companies
in the Insurance industry
Industry Median: 11.06 vs AAGIY: 24.78

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.

AIA Group's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $3.676. 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 $1.19 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


AIA Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AIA 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.

AIA Group Cyclically Adjusted Price-to-FCF Chart

AIA Group Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 119.36 108.54 83.01 53.24 29.20

AIA Group Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 83.01 - 53.24 - 29.20

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

For the Insurance - Life subindustry, AIA 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.


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

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

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



AIA 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=29.24/1.19
=24.57

* 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.

AIA Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, AIA Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=3.676/117.2957*117.2957
=3.676

Current CPI (Dec23) = 117.2957.

AIA Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201411 -0.056 99.487 -0.066
201511 0.378 101.686 0.436
201611 0.433 103.005 0.493
201711 0.432 104.654 0.484
201812 0.642 107.622 0.700
201912 1.050 110.700 1.113
202012 0.696 109.711 0.744
202112 1.082 112.349 1.130
202212 3.177 114.548 3.253
202312 3.676 117.296 3.676

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.


AIA Group  (OTCPK:AAGIY) 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.


AIA Group Cyclically Adjusted Price-to-FCF Related Terms

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


AIA Group (AIA Group) Business Description

Industry
Address
No. 1 Connaught Road Central, 35th Floor, AIA Central, Hong Kong, HKG
AIA is one of the largest pan-Asian insurance providers with a wide range of products including retirement savings plans, life insurance, and accident and health insurance. The company is headquartered in Hong Kong. It was previously part of AIG and went for a separate listing in Hong Kong in 2010. The firm also provides employee benefits, credit life, and pension services to corporate clients. AIA is present in 18 markets and serves the holders of more than 30 million individual policies and over 16 million participating members of group insurance schemes.

AIA Group (AIA Group) Headlines