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Everest Group (Everest Group) Cyclically Adjusted Price-to-FCF : 5.94 (As of Apr. 27, 2024)


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What is Everest Group Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Everest Group's current share price is $364.70. Everest Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $61.39. Everest Group's Cyclically Adjusted Price-to-FCF for today is 5.94.

The historical rank and industry rank for Everest Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

EG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.28   Med: 9.46   Max: 13.02
Current: 5.94

During the past years, Everest Group's highest Cyclically Adjusted Price-to-FCF was 13.02. The lowest was 5.28. And the median was 9.46.

EG's Cyclically Adjusted Price-to-FCF is ranked better than
71.3% of 324 companies
in the Insurance industry
Industry Median: 11.03 vs EG: 5.94

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.

Everest Group's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $22.701. 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 $61.39 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Everest Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Everest Group'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.

Everest Group Cyclically Adjusted Price-to-FCF Chart

Everest Group 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 10.95 7.57 6.63 6.41 5.76

Everest Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.41 6.55 5.96 6.19 5.76

Competitive Comparison of Everest Group's Cyclically Adjusted Price-to-FCF

For the Insurance - Reinsurance subindustry, Everest Group'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.


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

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

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



Everest Group 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.

Everest Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=364.70/61.39
=5.94

* 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.

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

For example, Everest Group'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)
=22.701/129.4194*129.4194
=22.701

Current CPI (Dec. 2023) = 129.4194.

Everest Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 7.825 99.695 10.158
201406 4.870 100.560 6.268
201409 7.397 100.428 9.532
201412 2.857 99.070 3.732
201503 7.888 99.621 10.247
201506 4.097 100.684 5.266
201509 6.179 100.392 7.966
201512 7.155 99.792 9.279
201603 8.842 100.470 11.390
201606 7.344 101.688 9.347
201609 6.697 101.861 8.509
201612 10.385 101.863 13.194
201703 9.359 102.862 11.775
201706 6.179 103.349 7.738
201709 10.025 104.136 12.459
201712 2.903 104.011 3.612
201803 4.808 105.290 5.910
201806 -1.547 106.317 -1.883
201809 10.137 106.507 12.318
201812 1.644 105.998 2.007
201903 11.369 107.251 13.719
201906 9.744 108.070 11.669
201909 15.673 108.329 18.724
201912 9.034 108.420 10.784
202003 12.557 108.902 14.923
202006 15.147 108.767 18.023
202009 27.455 109.815 32.356
202012 16.722 109.897 19.693
202103 22.839 111.754 26.449
202106 18.288 114.631 20.647
202109 29.669 115.734 33.177
202112 25.415 117.630 27.962
202203 21.804 121.301 23.263
202206 18.173 125.017 18.813
202209 28.814 125.227 29.779
202212 24.877 125.222 25.711
202303 27.494 127.348 27.941
202306 26.553 128.729 26.695
202309 32.121 129.860 32.012
202312 22.701 129.419 22.701

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.


Everest Group  (NYSE:EG) 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.


Everest Group Cyclically Adjusted Price-to-FCF Related Terms

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


Everest Group (Everest Group) Business Description

Industry
Traded in Other Exchanges
Address
141 Front Street, Seon Place - 4th Floor, P.O. Box HM 845, Hamilton, BMU, HM 19
Everest Group Ltd is engaged in providing insurance services in the U.S., Bermuda, and international markets. It operates in Reinsurance and Insurance business. The Reinsurance operation writes property and casualty reinsurance and specialty lines of business, on both a treaty and facultative basis, through reinsurance brokers, as well as directly with ceding companies. The Insurance operation writes property and casualty insurance directly and through brokers, surplus lines brokers, and general agents within the U.S., Bermuda, Canada, Europe, and South America.
Executives
Juan C Andrade officer: President and CEO THE HARTFORD, ONE HARTFORD PLAZA, HARTFORD CT 06155
Meryl D Hartzband director C/O THE NAVIGATORS GROUP, INC., 400 ATLANTIC STREET, 8TH FLOOR, STAMFORD CT 06901
Hazel Mcneilage director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
John A Weber director COPLEY SQUARE CAPITAL MANAGEMENT, 108 MYRTLE STREET, NORTH QUINCY MA 02171
Sanjoy Mukherjee officer: General Counsel 477 MARTINSVILLE ROAD, LIBERTY CORNER NJ 07938
Galtney William F Jr director THE GALTNEY GROUP, INC., 820 GESSNER, SUITE 1000, HOUSTON TX 77024-4259
Roger M. Singer director P.O. BOX 2756, DURANGO CO 81302
John P Doucette officer: Executive VP and CUO 477 MARTINSVILLE ROAD, LIBERTY CORNER NJ 07938
Mike Karmilowicz officer: EVP, Pres/CEO Insurance Div 100 EVEREST WAY, WARREN NJ 07059
James Allan Williamson officer: EVP, Chief Operating Officer 100 EVEREST WAY, WARREN NJ 07059
Mark Kociancic officer: EVP & CFO 477 MARTINSVILLE ROAD, LIBERTY CORNER NJ 07938
Geraldine Losquadro director 200 EAST 74TH STREET APT 10, NEW YORK CITY NY 10021
Joseph V Taranto director, officer: Chairman and CEO EVEREST REINSURANCE CO, 100 EVEREST WAY, WARREN NJ 07059
John A Graf director 477 MARTINSVILLE ROAD, LIBERTY CORNER NJ 07938
Jonathan Zaffino officer: SVP & President Everest Nat'l 477 MARTINSVILLE ROAD, LIBERTY CORNER NJ 07938

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