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Topdanmark A/S (Topdanmark A/S) Cyclically Adjusted Price-to-FCF : 4.61 (As of May. 21, 2024)


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What is Topdanmark A/S Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Topdanmark A/S's current share price is $4.3765. Topdanmark A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.95. Topdanmark A/S's Cyclically Adjusted Price-to-FCF for today is 4.61.

The historical rank and industry rank for Topdanmark A/S's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TPDKY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.45   Med: 6.05   Max: 9.37
Current: 4.55

During the past years, Topdanmark A/S's highest Cyclically Adjusted Price-to-FCF was 9.37. The lowest was 4.45. And the median was 6.05.

TPDKY's Cyclically Adjusted Price-to-FCF is ranked better than
78.59% of 327 companies
in the Insurance industry
Industry Median: 11.15 vs TPDKY: 4.55

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.

Topdanmark A/S's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.360. 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 $0.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Topdanmark A/S Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Topdanmark A/S'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.

Topdanmark A/S Cyclically Adjusted Price-to-FCF Chart

Topdanmark A/S 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 7.09 5.16 6.45 5.63 4.97

Topdanmark A/S 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 5.53 5.10 4.65 4.97 4.46

Competitive Comparison of Topdanmark A/S's Cyclically Adjusted Price-to-FCF

For the Insurance - Diversified subindustry, Topdanmark A/S'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.


Topdanmark A/S's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

* The bar in red indicates where Topdanmark A/S's Cyclically Adjusted Price-to-FCF falls into.



Topdanmark A/S 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.

Topdanmark A/S's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.3765/0.95
=4.61

* 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.

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

For example, Topdanmark A/S'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)
=0.36/118.4000*118.4000
=0.360

Current CPI (Mar. 2024) = 118.4000.

Topdanmark A/S Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.036 99.700 0.043
201409 0.093 99.700 0.110
201412 -0.047 99.400 -0.056
201503 0.327 100.200 0.386
201506 0.158 100.300 0.187
201509 0.148 100.200 0.175
201512 0.124 99.800 0.147
201603 0.468 100.200 0.553
201606 0.170 100.600 0.200
201609 0.179 100.200 0.212
201612 0.100 100.300 0.118
201703 0.435 101.200 0.509
201706 0.198 101.200 0.232
201709 0.236 101.800 0.274
201712 0.195 101.300 0.228
201803 0.633 101.700 0.737
201806 0.295 102.300 0.341
201809 0.313 102.400 0.362
201812 0.309 102.100 0.358
201903 0.673 102.900 0.774
201906 0.278 102.900 0.320
201909 0.298 102.900 0.343
201912 0.310 102.900 0.357
202003 0.469 103.300 0.538
202006 0.289 103.200 0.332
202009 0.068 103.500 0.078
202012 0.143 103.400 0.164
202103 0.415 104.300 0.471
202106 0.132 105.000 0.149
202109 0.157 105.800 0.176
202112 0.057 106.600 0.063
202203 0.423 109.900 0.456
202206 0.085 113.600 0.089
202209 0.053 116.400 0.054
202212 0.110 115.900 0.112
202303 0.346 117.300 0.349
202306 -0.070 116.400 -0.071
202309 -0.037 117.400 -0.037
202312 -0.132 116.700 -0.134
202403 0.360 118.400 0.360

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.


Topdanmark A/S  (OTCPK:TPDKY) 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.


Topdanmark A/S Cyclically Adjusted Price-to-FCF Related Terms

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


Topdanmark A/S (Topdanmark A/S) Business Description

Industry
Traded in Other Exchanges
Address
Borupvang 4, Ballerup, DNK, DK-2750
Topdanmark A/S is a diversified insurance company that offers a variety of insurance products in Denmark. The company strives to maintain an expense ratio lower than the general market. Topdanmark offers life insurance, as well as non-life-insurance products that cover private households and small businesses. The company´s insurance business is segmented into three: Private offers non-life insurance policies to individual households in Denmark. This segment also includes illness and accident insurance offered through the life company; SME offers non-life insurance policies to Danish-based agricultural and SME businesses; Life offers products within life insurance and pension funds to both private and SME customers in Denmark.

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