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Cellcom Israel (Cellcom Israel) Cyclically Adjusted FCF per Share : $1.29 (As of Dec. 2023)


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What is Cellcom Israel 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.

Cellcom Israel's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.217. 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 $1.29 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Cellcom Israel's average Cyclically Adjusted FCF Growth Rate was -18.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -11.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -12.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -9.80% 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 Cellcom Israel was -4.10% per year. The lowest was -13.70% per year. And the median was -10.50% per year.

As of today (2024-05-03), Cellcom Israel's current stock price is $4.404. Cellcom Israel's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.29. Cellcom Israel's Cyclically Adjusted Price-to-FCF of today is 3.41.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Cellcom Israel was 3.65. The lowest was 0.81. And the median was 2.33.


Cellcom Israel Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Cellcom Israel'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.

Cellcom Israel Cyclically Adjusted FCF per Share Chart

Cellcom Israel 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 2.47 2.12 2.09 1.61 1.29

Cellcom Israel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.61 1.68 1.56 1.34 1.29

Competitive Comparison of Cellcom Israel's Cyclically Adjusted FCF per Share

For the Telecom Services subindustry, Cellcom Israel'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.


Cellcom Israel's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cellcom Israel's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Cellcom Israel 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, Cellcom Israel'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)
=0.217/129.4194*129.4194
=0.217

Current CPI (Dec. 2023) = 129.4194.

Cellcom Israel Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.972 99.695 1.262
201406 0.959 100.560 1.234
201409 0.802 100.428 1.034
201412 0.449 99.070 0.587
201503 0.195 99.621 0.253
201506 0.329 100.684 0.423
201509 0.326 100.392 0.420
201512 0.326 99.792 0.423
201603 0.398 100.470 0.513
201606 0.272 101.688 0.346
201609 0.214 101.861 0.272
201612 0.219 101.863 0.278
201703 -0.167 102.862 -0.210
201706 0.231 103.349 0.289
201709 0.242 104.136 0.301
201712 0.203 104.011 0.253
201803 0.223 105.290 0.274
201806 0.127 106.317 0.155
201809 0.081 106.507 0.098
201812 0.026 105.998 0.032
201903 0.276 107.251 0.333
201906 0.245 108.070 0.293
201909 0.287 108.329 0.343
201912 0.280 108.420 0.334
202003 0.221 108.902 0.263
202006 0.144 108.767 0.171
202009 0.150 109.815 0.177
202012 0.330 109.897 0.389
202103 0.148 111.754 0.171
202106 0.202 114.631 0.228
202109 0.184 115.734 0.206
202112 0.171 117.630 0.188
202203 0.172 121.301 0.184
202206 0.221 125.017 0.229
202209 0.157 125.227 0.162
202212 0.226 125.222 0.234
202303 0.216 127.348 0.220
202306 0.174 128.729 0.175
202309 0.219 129.860 0.218
202312 0.217 129.419 0.217

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


Cellcom Israel  (OTCPK:CELJF) 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.

Cellcom Israel's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.404/1.29
=3.41

* 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 Cellcom Israel was 3.65. The lowest was 0.81. And the median was 2.33.


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.


Cellcom Israel Cyclically Adjusted FCF per Share Related Terms

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Cellcom Israel (Cellcom Israel) Business Description

Traded in Other Exchanges
Address
10 Hagavish Street, Netanya, ISR, 4250708
Cellcom Israel Ltd is the largest wireless provider in Israel and holds about one third of the market. The company offers basic voice services and data services such as Web browsing and music downloads. Cellcom is also launching a next-generation wireless service that supports higher data capacity. The company went public in February 2007, and its largest shareholder, Discount Investment, owns about 47% of its shares.