GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Voya Financial Inc (FRA:V0Y) » Definitions » Cyclically Adjusted Price-to-FCF

Voya Financial (FRA:V0Y) Cyclically Adjusted Price-to-FCF : 5.57 (As of May. 17, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Voya Financial Cyclically Adjusted Price-to-FCF?

As of today (2024-05-17), Voya Financial's current share price is €68.00. Voya Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €12.20. Voya Financial's Cyclically Adjusted Price-to-FCF for today is 5.57.

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

FRA:V0Y' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.63   Med: 5.07   Max: 5.81
Current: 5.55

During the past years, Voya Financial's highest Cyclically Adjusted Price-to-FCF was 5.81. The lowest was 3.63. And the median was 5.07.

FRA:V0Y's Cyclically Adjusted Price-to-FCF is ranked better than
75% of 24 companies
in the Diversified Financial Services industry
Industry Median: 9.865 vs FRA:V0Y: 5.55

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.

Voya Financial's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €2.034. 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 €12.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Voya Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Voya Financial'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.

Voya Financial Cyclically Adjusted Price-to-FCF Chart

Voya Financial 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 - 4.42 5.17 4.65 5.39

Voya Financial 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 5.25 5.22 4.96 5.39 5.53

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

For the Financial Conglomerates subindustry, Voya 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.


Voya Financial's Cyclically Adjusted Price-to-FCF Distribution in the Diversified Financial Services Industry

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

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



Voya Financial 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=68.00/12.2
=5.57

* 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.

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

For example, Voya Financial'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)
=2.034/131.7762*131.7762
=2.034

Current CPI (Mar. 2024) = 131.7762.

Voya Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.961 100.560 3.880
201409 3.352 100.428 4.398
201412 2.348 99.070 3.123
201503 4.045 99.621 5.351
201506 1.665 100.684 2.179
201509 4.795 100.392 6.294
201512 2.390 99.792 3.156
201603 2.820 100.470 3.699
201606 4.401 101.688 5.703
201609 3.659 101.861 4.734
201612 5.828 101.863 7.539
201703 -0.236 102.862 -0.302
201706 2.869 103.349 3.658
201709 2.622 104.136 3.318
201712 2.149 104.011 2.723
201803 1.823 105.290 2.282
201806 3.235 106.317 4.010
201809 3.031 106.507 3.750
201812 1.304 105.998 1.621
201903 0.766 107.251 0.941
201906 2.468 108.070 3.009
201909 1.900 108.329 2.311
201912 2.899 108.420 3.524
202003 -0.501 108.902 -0.606
202006 3.516 108.767 4.260
202009 2.393 109.815 2.872
202012 3.272 109.897 3.923
202103 -6.006 111.754 -7.082
202106 3.895 114.631 4.478
202109 1.229 115.734 1.399
202112 1.256 117.630 1.407
202203 2.809 121.301 3.052
202206 3.014 125.017 3.177
202209 3.968 125.227 4.176
202212 1.939 125.222 2.040
202303 1.329 127.348 1.375
202306 6.010 128.729 6.152
202309 3.483 129.860 3.534
202312 3.111 129.419 3.168
202403 2.034 131.776 2.034

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.


Voya Financial  (FRA:V0Y) 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.


Voya Financial Cyclically Adjusted Price-to-FCF Related Terms

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


Voya Financial (FRA:V0Y) Business Description

Traded in Other Exchanges
Address
230 Park Avenue, New York, NY, USA, 10169
Voya Financial Inc is a financial services company, which, through its subsidiaries, provides various investment, insurance, and retirement solutions to individual and institutional clients in the United States. Its products and services include tax savings plans, individual retirement accounts, group life insurance plans, and employee benefits products, among others. The company tailors each of its products to the needs of its customer base. It operates its business through three principal lines: Wealth Solutions, Investment Management, and Health Solutions The Wealth segment generates roughly half of the company's revenue.

Voya Financial (FRA:V0Y) Headlines

No Headlines