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Talanx AG (Talanx AG) Cyclically Adjusted Price-to-FCF : (As of Jun. 25, 2024)


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What is Talanx AG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Talanx AG Cyclically Adjusted Price-to-FCF Historical Data

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

Talanx AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Talanx AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Talanx AG's Cyclically Adjusted Price-to-FCF

For the Insurance - Diversified subindustry, Talanx AG'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.


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

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

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



Talanx AG 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.

Talanx AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Talanx AG's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/123.7729*123.7729
=0.000

Current CPI (Dec. 2023) = 123.7729.

Talanx AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 8.508 99.543 10.579
201406 8.530 99.543 10.606
201409 6.673 99.823 8.274
201412 4.263 99.543 5.301
201503 13.557 99.717 16.828
201506 2.766 100.417 3.409
201509 2.259 100.417 2.784
201512 5.687 99.717 7.059
201603 6.330 100.017 7.834
201606 5.738 100.717 7.052
201609 3.727 101.017 4.567
201612 1.139 101.217 1.393
201703 9.069 101.417 11.068
201706 5.227 102.117 6.335
201709 4.928 102.717 5.938
201712 0.099 102.617 0.119
201803 12.180 102.917 14.648
201806 2.995 104.017 3.564
201809 5.670 104.718 6.702
201812 -4.318 104.217 -5.128
201903 12.302 104.217 14.610
201906 8.180 105.718 9.577
201909 7.213 106.018 8.421
201912 0.623 105.818 0.729
202003 2.616 105.718 3.063
202006 10.157 106.618 11.791
202009 8.078 105.818 9.449
202012 5.031 105.518 5.901
202103 0.000 107.518 0.000
202106 0.000 108.486 0.000
202109 0.000 109.435 0.000
202112 0.000 110.384 0.000
202203 0.000 113.968 0.000
202206 0.000 115.760 0.000
202209 0.000 118.818 0.000
202212 0.000 119.345 0.000
202303 0.000 122.402 0.000
202306 0.000 123.140 0.000
202309 0.000 124.195 0.000
202312 0.000 123.773 0.000

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.


Talanx AG  (OTCPK:TNXXF) 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.


Talanx AG Cyclically Adjusted Price-to-FCF Related Terms

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Talanx AG (Talanx AG) Business Description

Industry
Traded in Other Exchanges
Address
HDI-Platz 1, Hannover, NI, DEU, 30659
Talanx is the third largest insurer in Germany. It sells insurance to businesses, personal lines insurance, and also reinsurance. The origins of Talanx go back to the early 1900s and the founding of two mutuals in Germany, HDI and FSV, that were set up to provide liability insurance to the German iron and steel industry, and fire insurance to the German mining industry because of a growing dissatisfaction with their insurance providers, respectively. These two mutuals merged to form Halfplichtverband der Deutschen Industrie, or HDI, in 1970. Over the years companies outside of metals and mining have joined the mutual.HDI started providing reinsurance services in the mid-1920s and private insurance in the 1950s, and today, HDI owns over three quarters of Talanx.

Talanx AG (Talanx AG) Headlines