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Telecom Argentina (Telecom Argentina) Cyclically Adjusted FCF per Share : $48.28 (As of Dec. 2023)


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What is Telecom Argentina 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.

Telecom Argentina's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.127. 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 $48.28 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Telecom Argentina's average Cyclically Adjusted FCF Growth Rate was 20.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 67.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 101.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 47.40% 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 Telecom Argentina was 150.10% per year. The lowest was -18.20% per year. And the median was 7.30% per year.

As of today (2024-04-29), Telecom Argentina's current stock price is $7.92. Telecom Argentina's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $48.28. Telecom Argentina's Cyclically Adjusted Price-to-FCF of today is 0.16.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Telecom Argentina was 8.68. The lowest was 0.14. And the median was 3.44.


Telecom Argentina Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Telecom Argentina'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.

Telecom Argentina Cyclically Adjusted FCF per Share Chart

Telecom Argentina 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 6.96 9.49 18.39 30.68 48.28

Telecom Argentina 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 30.68 29.64 38.20 33.12 48.28

Competitive Comparison of Telecom Argentina's Cyclically Adjusted FCF per Share

For the Telecom Services subindustry, Telecom Argentina'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.


Telecom Argentina's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

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

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



Telecom Argentina 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, Telecom Argentina'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)
=-0.127/129.4194*129.4194
=-0.127

Current CPI (Dec. 2023) = 129.4194.

Telecom Argentina Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.297 99.695 -0.386
201406 -0.427 100.560 -0.550
201409 0.114 100.428 0.147
201412 -1.470 99.070 -1.920
201503 -0.115 99.621 -0.149
201506 -0.455 100.684 -0.585
201509 -0.254 100.392 -0.327
201512 -0.177 99.792 -0.230
201603 -0.274 100.470 -0.353
201606 -0.396 101.688 -0.504
201609 0.027 101.861 0.034
201612 2.708 101.863 3.441
201703 0.018 102.862 0.023
201706 -0.087 103.349 -0.109
201709 0.283 104.136 0.352
201712 0.786 104.011 0.978
201803 0.484 105.290 0.595
201806 -0.127 106.317 -0.155
201809 0.128 106.507 0.156
201812 -0.321 105.998 -0.392
201903 0.521 107.251 0.629
201906 0.530 108.070 0.635
201909 0.546 108.329 0.652
201912 1.231 108.420 1.469
202003 0.256 108.902 0.304
202006 1.034 108.767 1.230
202009 0.629 109.815 0.741
202012 2.189 109.897 2.578
202103 0.508 111.754 0.588
202106 0.493 114.631 0.557
202109 0.784 115.734 0.877
202112 5.843 117.630 6.429
202203 0.617 121.301 0.658
202206 0.785 125.017 0.813
202209 1.007 125.227 1.041
202212 2.154 125.222 2.226
202303 0.407 127.348 0.414
202306 0.439 128.729 0.441
202309 0.624 129.860 0.622
202312 -0.127 129.419 -0.127

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


Telecom Argentina  (NYSE:TEO) 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.

Telecom Argentina's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=7.92/48.28
=0.16

* 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 Telecom Argentina was 8.68. The lowest was 0.14. And the median was 3.44.


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.


Telecom Argentina Cyclically Adjusted FCF per Share Related Terms

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


Telecom Argentina (Telecom Argentina) Business Description

Address
General Hornos 690, Buenos Aires, ARG, C1272ACK
Telecom Argentina SA offers its customers quadruple play services, combining mobile telephony services, cable television services, Internet services and fixed telephony services. It also provides other telephone-related services such as international long-distance and wholesale services, data transmission and IT solutions outsourcing and install, operate and develop cable television and data transmission services. The company provides services in Argentina (mobile, cable television, Internet and fixed and data services), Paraguay (mobile, Internet and satellite TV services), Uruguay (cable television services) and the United States (fixed wholesale services).

Telecom Argentina (Telecom Argentina) Headlines

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