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Midwest Holding (Midwest Holding) Cyclically Adjusted Price-to-FCF : (As of May. 30, 2024)


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What is Midwest Holding Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Midwest Holding Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Midwest Holding'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.

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Midwest Holding Cyclically Adjusted Price-to-FCF Chart

Midwest Holding Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Midwest Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Midwest Holding's Cyclically Adjusted Price-to-FCF

For the Insurance - Life subindustry, Midwest Holding'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.


Midwest Holding's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

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



Midwest Holding 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.

Midwest Holding's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Midwest Holding'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)
=-5.948/129.8595*129.8595
=-5.948

Current CPI (Sep. 2023) = 129.8595.

Midwest Holding Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 10.077 98.326 13.309
201403 8.808 99.695 11.473
201406 -59.333 100.560 -76.621
201409 -36.500 100.428 -47.197
201412 -37.346 99.070 -48.953
201503 -11.538 99.621 -15.040
201506 -16.846 100.684 -21.728
201509 -4.269 100.392 -5.522
201512 -11.788 99.792 -15.340
201603 -4.553 100.470 -5.885
201606 -22.844 101.688 -29.173
201609 17.089 101.861 21.786
201612 -11.711 101.863 -14.930
201703 -17.822 102.862 -22.500
201706 6.109 103.349 7.676
201709 -163.652 104.136 -204.078
201712 7.935 104.011 9.907
201803 -0.211 105.290 -0.260
201806 -0.317 106.317 -0.387
201809 -1.759 106.507 -2.145
201812 -347.435 105.998 -425.647
201903 -5.884 107.251 -7.124
201906 -10.555 108.070 -12.683
201909 40.228 108.329 48.223
201912 -39.750 108.420 -47.610
202003 1.117 108.902 1.332
202006 0.050 108.767 0.060
202009 0.137 109.815 0.162
202012 -6.586 109.897 -7.782
202103 2.089 111.754 2.427
202106 -4.432 114.631 -5.021
202109 2.574 115.734 2.888
202112 -7.098 117.630 -7.836
202203 2.705 121.301 2.896
202206 6.358 125.017 6.604
202209 7.682 125.227 7.966
202212 2.241 125.222 2.324
202303 12.182 127.348 12.422
202306 4.132 128.729 4.168
202309 -5.948 129.860 -5.948

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.


Midwest Holding  (NAS:MDWT) 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.


Midwest Holding Cyclically Adjusted Price-to-FCF Related Terms

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Midwest Holding (Midwest Holding) Business Description

Traded in Other Exchanges
N/A
Address
2900 South 70th Street, Suite 400, Lincoln, NE, USA, 68506
Midwest Holding Inc is a financial service holding company. The company is engaged in the underwriting and marketing of life insurance products through American Life. Its product offerings consist of a multi-benefit life insurance policy that combines cash value life insurance with a tax-deferred annuity and a single premium term life product. These product offerings are underwritten, marketed, and managed as a group of similar products on an overall portfolio basis. Geographically, the activities are carried out throughout the region of the United States.
Executives
Knott David M Jr 10 percent owner DORSET MANAGEMENT CORPORATION, 485 UNDERHILL BOULEVARD, SUITE 205, SYOSSET NY 11791
Diane C. Davis director 201 WELLS AVENUE SOUTH, RENTON WA 98057
Nancy Lyons Callahan director 2900 SOUTH 70TH STREET, SUITE 400, LINCOLN NE 68506
Kevin Martin Sheehan director 115 PINE BROOK ROAD, BEDFORD NY 10506
Knott Partners Lp 10 percent owner 485 UNDERHILL BOULEVARD, SUITE 205, SYOSSET NY 11791
Eoin Elliffe officer: Chief Risk Officer 2900 SOUTH 70TH STREET, SUITE 400, LINCOLN NE 68506
Daniel Scott Maloney officer: EVP-Accounting & Finance (PAO) 5250 S. SIXTH ST, C/O UNITED TRUST GROUP, SPRINGIELD IL 62703
Yadin Rozov director 9 TERRACE CIRCLE, ARMONK NY 10504
Eric N. Berg officer: Chief Financial Officer 2900 SOUTH 70TH STREET, SUITE 400, L NE 68506
Michael W. Minnich director, 10 percent owner, officer: Co-Chief Executive Officer 7 EAST 20TH STREET, APARTMENT 12F, NEW YORK NY 10003
Jack Theeler director 8101 O STREET, SUITE S111, LINCOLN NE 68510
Georgette C. Nicholas officer: President & CFO 2900 SOUTH 70TH STREET, SUITE 400, LINCOLN NE 68506
Stephen Alan Mace officer: General Counsel 2900 SOUTH 70TH STREET, SUITE 400, LINCOLN NE 68506
Debra Havranek officer: VP & CFO 2900 SOUTH 70TH STREET, SUITE 400, LINCOLN NE 68506
Michael Minnich director, 10 percent owner, officer: Executive Chairman 7 EAST 20TH STREET, APARTMENT 12F, NEW YORK NY 10003