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Twenty-First Century Fox (LSE:8289) Cyclically Adjusted FCF per Share : $0.00 (As of Dec. 2018)


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What is Twenty-First Century Fox Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Twenty-First Century Fox's adjusted free cash flow per share for the three months ended in Dec. 2018 was $-0.061. 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 $0.00 for the trailing ten years ended in Dec. 2018.

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.

As of today (2024-05-27), Twenty-First Century Fox's current stock price is $31.26. Twenty-First Century Fox's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2018 was $0.00. Twenty-First Century Fox's Cyclically Adjusted Price-to-FCF of today is .


Twenty-First Century Fox Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Twenty-First Century Fox'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.

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Twenty-First Century Fox Cyclically Adjusted FCF per Share Chart

Twenty-First Century Fox Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Cyclically Adjusted FCF per Share
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Twenty-First Century Fox Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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Competitive Comparison of Twenty-First Century Fox's Cyclically Adjusted FCF per Share

For the Broadcasting subindustry, Twenty-First Century Fox'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.


Twenty-First Century Fox's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Twenty-First Century Fox's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Twenty-First Century Fox's Cyclically Adjusted Price-to-FCF falls into.



Twenty-First Century Fox 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, Twenty-First Century Fox's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2018 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2018 (Change)*Current CPI (Dec. 2018)
=-0.061/105.9979*105.9979
=-0.061

Current CPI (Dec. 2018) = 105.9979.

Twenty-First Century Fox Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200903 0.472 89.744 0.557
200906 0.343 91.003 0.400
200909 0.210 91.120 0.244
200912 -0.143 91.111 -0.166
201003 0.815 91.821 0.941
201006 0.236 91.962 0.272
201009 0.089 92.162 0.102
201012 -0.052 92.474 -0.060
201103 0.594 94.283 0.668
201106 0.619 95.235 0.689
201109 0.067 95.727 0.074
201112 -0.026 95.213 -0.029
201203 0.792 96.783 0.867
201206 0.323 96.819 0.354
201209 0.225 97.633 0.244
201212 0.029 96.871 0.032
201303 0.659 98.209 0.711
201306 0.105 98.518 0.113
201309 0.075 98.790 0.080
201312 0.019 98.326 0.020
201403 0.383 99.695 0.407
201406 0.504 100.560 0.531
201409 0.142 100.428 0.150
201412 0.112 99.070 0.120
201503 0.735 99.621 0.782
201506 0.382 100.684 0.402
201509 -0.145 100.392 -0.153
201512 0.206 99.792 0.219
201603 0.736 100.470 0.776
201606 0.399 101.688 0.416
201609 0.398 101.861 0.414
201612 0.077 101.863 0.080
201703 0.476 102.862 0.491
201706 0.512 103.349 0.525
201709 0.286 104.136 0.291
201712 -0.172 104.011 -0.175
201803 0.684 105.290 0.689
201806 0.780 106.317 0.778
201809 0.206 106.507 0.205
201812 -0.061 105.998 -0.061

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


Twenty-First Century Fox  (LSE:8289) 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.


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.


Twenty-First Century Fox Cyclically Adjusted FCF per Share Related Terms

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


Twenty-First Century Fox (LSE:8289) Business Description

Traded in Other Exchanges
N/A
Address
1211 Avenue of the Americas, New York, NY, USA, 10036
21st Century Fox is a media conglomerate with a wide range of assets: a film studio, which creates television programs and movies; broadcast television, including the Fox broadcast network and local TV stations in the U.S.; cable networks, which comprise over 300 channels around the world; and direct-broadcast satellite TV in the form of Sky, a satellite pay-tv provider in Europe.

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