GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Emirates Insurance Co PSC (ADX:EIC) » Definitions » Cyclically Adjusted Price-to-FCF

Emirates Insurance Co PSC (ADX:EIC) Cyclically Adjusted Price-to-FCF : 14.04 (As of May. 01, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Emirates Insurance Co PSC Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), Emirates Insurance Co PSC's current share price is د.إ8.00. Emirates Insurance Co PSC's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was د.إ0.57. Emirates Insurance Co PSC's Cyclically Adjusted Price-to-FCF for today is 14.04.

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

ADX:EIC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.56   Med: 11.86   Max: 14.36
Current: 12.69

During the past years, Emirates Insurance Co PSC's highest Cyclically Adjusted Price-to-FCF was 14.36. The lowest was 9.56. And the median was 11.86.

ADX:EIC's Cyclically Adjusted Price-to-FCF is ranked worse than
55.52% of 326 companies
in the Insurance industry
Industry Median: 11.06 vs ADX:EIC: 12.69

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.

Emirates Insurance Co PSC's adjusted free cash flow per share data for the three months ended in Sep. 2023 was د.إ0.073. 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 د.إ0.57 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Emirates Insurance Co PSC Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Emirates Insurance Co PSC'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.

Emirates Insurance Co PSC Cyclically Adjusted Price-to-FCF Chart

Emirates Insurance Co PSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 12.13 11.72 10.62

Emirates Insurance Co PSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 11.79 10.62 12.96 14.44 10.75

Competitive Comparison of Emirates Insurance Co PSC's Cyclically Adjusted Price-to-FCF

For the Insurance - Diversified subindustry, Emirates Insurance Co PSC'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.


Emirates Insurance Co PSC's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

* The bar in red indicates where Emirates Insurance Co PSC's Cyclically Adjusted Price-to-FCF falls into.



Emirates Insurance Co PSC 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.

Emirates Insurance Co PSC's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.00/0.57
=14.04

* 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.

Emirates Insurance Co PSC's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Emirates Insurance Co PSC's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.073/129.8595*129.8595
=0.073

Current CPI (Sep. 2023) = 129.8595.

Emirates Insurance Co PSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 0.293 98.790 0.385
201312 0.268 98.326 0.354
201406 0.000 100.560 0.000
201409 0.351 100.428 0.454
201412 0.104 99.070 0.136
201503 -0.045 99.621 -0.059
201506 0.569 100.684 0.734
201509 -0.090 100.392 -0.116
201512 0.126 99.792 0.164
201603 0.142 100.470 0.184
201606 0.064 101.688 0.082
201609 0.079 101.861 0.101
201612 0.173 101.863 0.221
201703 -0.081 102.862 -0.102
201706 0.368 103.349 0.462
201709 0.140 104.136 0.175
201712 0.094 104.011 0.117
201803 -0.023 105.290 -0.028
201806 0.062 106.317 0.076
201809 0.263 106.507 0.321
201812 0.066 105.998 0.081
201903 0.758 107.251 0.918
201906 -0.273 108.070 -0.328
201909 0.221 108.329 0.265
201912 0.165 108.420 0.198
202003 0.012 108.902 0.014
202006 0.305 108.767 0.364
202009 0.082 109.815 0.097
202012 0.049 109.897 0.058
202103 -0.144 111.754 -0.167
202106 0.311 114.631 0.352
202109 -0.029 115.734 -0.033
202112 0.044 117.630 0.049
202203 0.378 121.301 0.405
202206 -0.476 125.017 -0.494
202209 0.066 125.227 0.068
202212 0.429 125.222 0.445
202303 -0.360 127.348 -0.367
202306 -0.121 128.729 -0.122
202309 0.073 129.860 0.073

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.


Emirates Insurance Co PSC  (ADX:EIC) 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.


Emirates Insurance Co PSC Cyclically Adjusted Price-to-FCF Related Terms

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


Emirates Insurance Co PSC (ADX:EIC) Business Description

Traded in Other Exchanges
N/A
Address
Emirates Insurance Co Building, Al Zahiya (Tourist Club Area), P.O.Box 3856, Abu Dhabi, ARE
Emirates Insurance Co PSC is an insurance company operating through two segments namely Underwriting of General Insurance Business and Investments. The Underwriting of general insurance business - incorporating all classes of general insurance such as fire, marine, motor, general accident, and miscellaneous. The Investments segments include activities of investments in marketable equity securities and investment funds, bonds, term deposits with banks and investment properties, and other securities. The firm derives a majority of its revenue from the commission, dividend, and interest income.