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MBIA (STU:MBJ) Cyclically Adjusted Price-to-FCF : (As of May. 23, 2024)


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What is MBIA Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


MBIA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MBIA'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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MBIA Cyclically Adjusted Price-to-FCF Chart

MBIA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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MBIA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of MBIA's Cyclically Adjusted Price-to-FCF

For the Insurance - Specialty subindustry, MBIA'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.


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

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

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



MBIA 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.

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

For example, MBIA'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)
=-0.589/131.7762*131.7762
=-0.589

Current CPI (Mar. 2024) = 131.7762.

MBIA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.099 100.560 0.130
201409 0.165 100.428 0.217
201412 0.056 99.070 0.074
201503 -0.051 99.621 -0.067
201506 0.216 100.684 0.283
201509 0.040 100.392 0.053
201512 -0.596 99.792 -0.787
201603 0.264 100.470 0.346
201606 0.168 101.688 0.218
201609 -1.302 101.861 -1.684
201612 -0.151 101.863 -0.195
201703 -3.458 102.862 -4.430
201706 0.191 103.349 0.244
201709 -1.597 104.136 -2.021
201712 0.362 104.011 0.459
201803 -0.929 105.290 -1.163
201806 -0.240 106.317 -0.297
201809 -1.887 106.507 -2.335
201812 0.040 105.998 0.050
201903 -0.724 107.251 -0.890
201906 0.137 108.070 0.167
201909 -4.131 108.329 -5.025
201912 0.559 108.420 0.679
202003 -1.029 108.902 -1.245
202006 -0.099 108.767 -0.120
202009 -4.827 109.815 -5.792
202012 -0.033 109.897 -0.040
202103 9.021 111.754 10.637
202106 0.268 114.631 0.308
202109 -3.191 115.734 -3.633
202112 2.713 117.630 3.039
202203 4.995 121.301 5.426
202206 -0.778 125.017 -0.820
202209 -1.863 125.227 -1.960
202212 -10.561 125.222 -11.114
202303 -0.673 127.348 -0.696
202306 -0.790 128.729 -0.809
202309 -2.292 129.860 -2.326
202312 -0.039 129.419 -0.040
202403 -0.589 131.776 -0.589

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.


MBIA  (STU:MBJ) 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.


MBIA Cyclically Adjusted Price-to-FCF Related Terms

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


MBIA (STU:MBJ) Business Description

Industry
Traded in Other Exchanges
Address
1 Manhattanville Road, Suite 301, Purchase, NY, USA, 10577
MBIA Inc provides financial guaranty insurance for municipal bonds and asset-backed securities in the United States and internationally. It offers an unconditional guarantee to repay the principal and interest on these securities if the issuer defaults. MBIA insures bonds sold in the primary and secondary markets, as well as those held in unit investment trusts and by mutual funds. It operates in three segments: the United States public finance insurance, corporate, and international & structured finance insurance. U.S. public finance insurance portfolio is managed through National Public Finance Guarantee Corporation. International & structured finance insurance business is managed through MBIA Insurance Corporation and its subsidiary.