GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Great-West Lifeco Inc (OTCPK:GWLIF) » Definitions » Cyclically Adjusted FCF per Share

Great-West Lifeco (Great-West Lifeco) Cyclically Adjusted FCF per Share : $5.77 (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Great-West Lifeco Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Great-West Lifeco's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.200. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $5.77 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Great-West Lifeco's average Cyclically Adjusted FCF Growth Rate was 0.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 6.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 5.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Great-West Lifeco was 16.20% per year. The lowest was 3.30% per year. And the median was 6.00% per year.

As of today (2024-06-05), Great-West Lifeco's current stock price is $29.42. Great-West Lifeco's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $5.77. Great-West Lifeco's Cyclically Adjusted Price-to-FCF of today is 5.10.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Great-West Lifeco was 7.29. The lowest was 3.14. And the median was 5.57.


Great-West Lifeco Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Great-West Lifeco's Cyclically Adjusted FCF per Share 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.

Great-West Lifeco Cyclically Adjusted FCF per Share Chart

Great-West Lifeco Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.82 5.02 5.90 5.71 5.95

Great-West Lifeco Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 5.76 5.76 5.51 5.95 5.77

Competitive Comparison of Great-West Lifeco's Cyclically Adjusted FCF per Share

For the Insurance - Life subindustry, Great-West Lifeco'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.


Great-West Lifeco's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

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



Great-West Lifeco Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Great-West Lifeco'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)
=0.2/126.2576*126.2576
=0.200

Current CPI (Mar. 2024) = 126.2576.

Great-West Lifeco Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.275 99.473 1.618
201409 1.886 99.394 2.396
201412 0.618 98.367 0.793
201503 0.866 99.789 1.096
201506 1.135 100.500 1.426
201509 1.182 100.421 1.486
201512 0.779 99.947 0.984
201603 1.038 101.054 1.297
201606 1.385 102.002 1.714
201609 1.328 101.765 1.648
201612 1.054 101.449 1.312
201703 1.115 102.634 1.372
201706 0.980 103.029 1.201
201709 1.398 103.345 1.708
201712 1.809 103.345 2.210
201803 0.905 105.004 1.088
201806 0.892 105.557 1.067
201809 2.025 105.636 2.420
201812 1.180 105.399 1.414
201903 0.612 106.979 0.722
201906 2.193 107.690 2.571
201909 1.033 107.611 1.212
201912 1.055 107.769 1.236
202003 1.490 107.927 1.743
202006 1.160 108.401 1.351
202009 3.524 108.164 4.113
202012 1.595 108.559 1.855
202103 1.536 110.298 1.758
202106 0.934 111.720 1.056
202109 4.815 112.905 5.384
202112 1.532 113.774 1.700
202203 1.219 117.646 1.308
202206 2.030 120.806 2.122
202209 1.261 120.648 1.320
202212 -1.311 120.964 -1.368
202303 0.140 122.702 0.144
202306 -0.473 124.203 -0.481
202309 0.372 125.230 0.375
202312 4.099 125.072 4.138
202403 0.200 126.258 0.200

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Great-West Lifeco  (OTCPK:GWLIF) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Great-West Lifeco's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=29.42/5.77
=5.10

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Great-West Lifeco was 7.29. The lowest was 3.14. And the median was 5.57.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Great-West Lifeco Cyclically Adjusted FCF per Share Related Terms

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


Great-West Lifeco (Great-West Lifeco) Business Description

Address
100 Osborne Street North, Winnipeg, MB, CAN, R3C 1V3
Great-West Lifeco provides life insurance, health insurance, retirement products, asset management, recordkeeping services, and reinsurance products in Canada, the United States, and Europe. The Canada business contributes approximately 35% of adjusted earnings and has leading market positions in group insurance, group retirement, and individual insurance. The company operates the second-largest recordkeeping business under the Empower brand in the United States, with an earnings contribution from the country approximating 20%. Great-West Lifeco also offers various products across Europe markets with a strong presence in the U.K., Ireland, and Germany. The Europe segment contributes around 28% of adjusted earnings and the reinsurance business accounts for around 17% of adjusted earnings.