GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » HG Holdings Inc (OTCPK:STLY) » Definitions » Free Cash Flow per Share

HG Holdings (HG Holdings) Free Cash Flow per Share : $-1.55 (TTM As of Mar. 2024)


View and export this data going back to 1992. Start your Free Trial

What is HG Holdings Free Cash Flow per Share?

HG Holdings's Free Cash Flow per Share for the three months ended in Mar. 2024 was $1.65. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.55.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of HG Holdings was -154.90% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 61.10% 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 FCF Growth Rate using Free Cash Flow per Share data.

The historical rank and industry rank for HG Holdings's Free Cash Flow per Share or its related term are showing as below:

STLY' s 3-Year FCF Growth Rate Range Over the Past 10 Years
Min: -38.4   Med: 20.8   Max: 393
Current: 61.1

During the past 13 years, HG Holdings's highest 3-Year average Free Cash Flow per Share Growth Rate was 393.00% per year. The lowest was -38.40% per year. And the median was 20.80% per year.

STLY's 3-Year FCF Growth Rate is ranked better than
88.98% of 354 companies
in the Insurance industry
Industry Median: 4.8 vs STLY: 61.10

HG Holdings Free Cash Flow per Share Historical Data

The historical data trend for HG Holdings's Free Cash Flow 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.

HG Holdings Free Cash Flow per Share Chart

HG Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Free Cash Flow per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 0.14 -0.33 0.92 0.57

HG Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Free Cash Flow 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 3.76 -1.72 -0.11 -1.37 1.65

Competitive Comparison of HG Holdings's Free Cash Flow per Share

For the Insurance - Specialty subindustry, HG Holdings's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


HG Holdings's Price-to-Free-Cash-Flow Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, HG Holdings's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where HG Holdings's Price-to-Free-Cash-Flow falls into.



HG Holdings Free Cash Flow per Share Calculation

Free Cashflow per Share is the amount of Free Cashflow per outstanding share of the company's stock.

Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company.

Note: GuruFocus does not calculate Free Cash Flow Per Share when Capital Expenditure is 0.

HG Holdings's Free Cash Flow Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Free Cash Flow Per Share(A: Dec. 2023 )
=(Cash Flow from Operations+Capital Expenditure)/Shares Outstanding (Diluted Average)
=(1.683+-0.051)/2.867
=1.632/2.867
=0.57

HG Holdings's Free Cash Flow Per Share for the quarter that ended in Mar. 2024 is calculated as

Free Cash Flow Per Share(Q: Mar. 2024 )
=(Cash Flow from Operations+Capital Expenditure)/Shares Outstanding (Diluted Average)
=(4.726+0)/2.862
=/2.862
=0.00

Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.55

* 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.


HG Holdings  (OTCPK:STLY) Free Cash Flow per Share Explanation

Free Cash Flow is very close to Warren Buffett's definition of Owner's Earnings, except that in Warren Buffett's Owner's Earnings, the spending for Property, Plant, and Equipment is only for maintenance (replacement), while in the Free Cash Flow calculation, the cost of new Property, Plant, and Equipment due to business expansion is also deducted. There, Free Cash Flow is more conservative than Owner's Earnings.

In Don Yacktman's calculation of forward rate of return, he uses Free Cash Flow for the calculation. Yacktman explained the forward rate of return concept in detail in his interview with GuruFocus. Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation.

This is what Yacktman said in his March 2012 interview - when the S&P 500 was at 1400:

If the business is stable, this calculation is fairly straightforward. For instance, on the S&P 500 we would normalize earnings. We would then calculate what percentage of those earnings are not reinvested in the underlying businesses and are therefore free. Historically, for the S&P 500, this has been just under 50% of earnings. Currently, we expect the S&P to earn about 70 on a normalized basis, a number which is far below reported earnings due to our adjusting for record high profit margins. $70 X ½ / 1400 gives you a normalized free cash flow yield of approximately 2.5%.

The historical real growth rate of the S&P 500 (companies) is about 1.5%. Assuming an inflation rate of 2.5%, the forward rate of return on an investment in the S&P 500 is about 6.5% today (2.5% free cash flow yield plus 1.5% real growth plus 2.5% inflation).

For the growth part of the Forward Rate of Return calculation, GuruFocus uses the 5-year average growth rate of EBITDA per share as the growth rate, and the growth rate is always capped at 20%. For the Free Cash Flow we use per share data averaged over seven years. The reason we use seven years is because research shows that seven years is the length of the typical business cycle.

Therefore, as of Dec23, HG Holdings's Forward Rate of Return (Yacktman) % is

Forward Rate of Return (Yacktman) % (Dec23)=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=17.08419048/6.05+-0.2985
=252.53 %

* 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.


Be Aware

Free Cash Flow within a report period can be affected by management's decisions of capital spending. Therefore, it is important to look at long term when it comes to Free Cash Flow.


HG Holdings Free Cash Flow per Share Related Terms

Thank you for viewing the detailed overview of HG Holdings's Free Cash Flow per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


HG Holdings (HG Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2115 East 7th Street, Suite 101, Charlotte, NC, USA, 28204
HG Holdings, Inc, together with its consolidated subsidiaries, operates through its wholly owned subsidiarie. The Company engages in the business of providing title insurance through the subsidiary NCTIC and providing title agency services through the subsidiaries NCTG, TAV, and Omega. Through NCTIC, the Company underwrites land title insurance for owners and mortgagees as the primary insurer. The Company currently only provides title insurance services in the state of Florida.
Executives
Peter Mark Sherman director 4409 MICKLETON ROAD, CHARLOTTE NC 28226
Justin Hayles Edenfield officer: Prin. Accting & Fin. Officer 6265 OLD WATER OAK ROAD, SUITE 204, TALLAHASSEE FL 32312
Hale Partnership Capital Management, Llc 10 percent owner 5960 FAIRVIEW ROAD, SUITE 432, CHARLOTTE NC 28210
Solas Capital Management, Llc 10 percent owner 1063 POST ROAD, 2ND FLOOR, DARIEN CT 06820
Hale Partnership Fund, L.p. 10 percent owner 3335 PARK SOUTH STATION BLVD., CHARLOTTE NC 28210
Matthew Hultquist director ONE CORPORATE CENTER, RYE NY 10580
Bradley G Garner officer: CFO and CAO 2115 E. 7TH STREET, SUITE 101, CHARLOTTE NC 28211
Hale Steven A Ii director, 10 percent owner 5960 FAIRVIEW ROAD, SUITE 432, CHARLOTTE NC 28210
Matthew Wood Smith officer: Interim Chief Exec. Officer 200 N. HAMILTON STREET, HIGH POINT NC 27260
Jeffrey Stuart Gilliam director 200 N. HAMILTON STREET, NO. 200, HIGH POINT NC 27260
Tucker Golden Frederick 10 percent owner C/O SOLAS CAPITAL MANAGEMENT, LLC, 1063 POST ROAD, 2ND FLOOR, DARIEN CT 06820
Michael P Haley director 200 NORTH HAMILTON STREET, NO. 200, HIGH POINT NC 27260
Talanta Investment Group, Llc director, 10 percent owner 401 N. TRYON STREET, 10TH FLOOR, CHARLOTTE NC 28202
Justyn Rendal Putnam director 200 N. HAMILTON STREET, NO. 200, HIGH POINT NC 27260
Ian Dundee Lapey director 200 N. HAMILTON STREET, NO. 200, HIGH POINT NC 27260

HG Holdings (HG Holdings) Headlines

From GuruFocus

This Company Is Selling Below Book Value

By Cody Eustice CodyEustice 07-23-2014

Stanley (STLY) - Catalyst Eminent?

By whopper investments whopper investments 07-17-2012

Stanley Furniture Co. (STLY): Significant Interim Events

By voisin Frank Voisin 01-20-2011

Stanley Furniture (STLY) – A Stock with a Huge Potential Catalyst

By whopper investments whopper investments 09-02-2011

Micro Cap Value Discovery

By Shadowstock Shadowstock 07-05-2016

Stanley - 'Here's Another Fine Mess…'

By David Chulak David Chulak 04-29-2014

Distressed Deep Discount Idea: Stanley Furniture Company

By guruek Shadowstock 01-03-2011