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American Financial Group (FRA:QFI) Cyclically Adjusted Price-to-FCF : 5.78 (As of May. 15, 2024)


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What is American Financial Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), American Financial Group's current share price is €121.00. American Financial Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €20.95. American Financial Group's Cyclically Adjusted Price-to-FCF for today is 5.78.

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

FRA:QFI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.41   Med: 7.24   Max: 10.61
Current: 5.77

During the past years, American Financial Group's highest Cyclically Adjusted Price-to-FCF was 10.61. The lowest was 3.41. And the median was 7.24.

FRA:QFI's Cyclically Adjusted Price-to-FCF is ranked better than
72.22% of 324 companies
in the Insurance industry
Industry Median: 11.175 vs FRA:QFI: 5.77

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.

American Financial Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €1.175. 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 €20.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Financial Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for American Financial 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.

American Financial Group Cyclically Adjusted Price-to-FCF Chart

American Financial Group 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 7.30 5.21 7.08 6.57 5.21

American Financial Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.62 5.45 4.95 5.21 6.02

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

For the Insurance - Property & Casualty subindustry, American Financial 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.


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

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

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



American Financial 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=121.00/20.95
=5.78

* 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.

American Financial Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, American Financial Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.175/129.4194*129.4194
=1.175

Current CPI (Mar. 2024) = 129.4194.

American Financial Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.370 100.560 3.050
201409 1.494 100.428 1.925
201412 5.030 99.070 6.571
201503 4.103 99.621 5.330
201506 1.782 100.684 2.291
201509 3.303 100.392 4.258
201512 4.580 99.792 5.940
201603 4.140 100.470 5.333
201606 0.886 101.688 1.128
201609 2.517 101.861 3.198
201612 4.313 101.863 5.480
201703 -0.796 102.862 -1.002
201706 6.442 103.349 8.067
201709 3.906 104.136 4.854
201712 7.606 104.011 9.464
201803 3.508 105.290 4.312
201806 4.077 106.317 4.963
201809 4.290 106.507 5.213
201812 7.820 105.998 9.548
201903 4.430 107.251 5.346
201906 4.114 108.070 4.927
201909 8.113 108.329 9.692
201912 7.541 108.420 9.002
202003 5.332 108.902 6.337
202006 5.476 108.767 6.516
202009 5.842 109.815 6.885
202012 4.596 109.897 5.412
202103 6.082 111.754 7.043
202106 3.326 114.631 3.755
202109 4.539 115.734 5.076
202112 3.009 117.630 3.311
202203 5.361 121.301 5.720
202206 0.122 125.017 0.126
202209 6.256 125.227 6.465
202212 1.217 125.222 1.258
202303 4.408 127.348 4.480
202306 1.246 128.729 1.253
202309 7.700 129.860 7.674
202312 8.263 129.419 8.263
202403 1.175 129.419 1.175

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.


American Financial Group  (FRA:QFI) 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.


American Financial Group Cyclically Adjusted Price-to-FCF Related Terms

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


American Financial Group (FRA:QFI) Business Description

Traded in Other Exchanges
Address
301 East Fourth Street, Cincinnati, OH, USA, 45202
American Financial Group Inc is a holding company that is engaged primarily in property and casualty insurance services. The company has a focus on specialized commercial products for businesses. American also has annuity operations that are focused on sales of traditional fixed and fixed-indexed annuities in the education, bank, and individual markets. American's insurance operations are conducted through the Great American Insurance Group. The group writes business in all 50 of the United States, primarily through independent agents and brokers.

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