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Twenty-First Century Fox (ASX:FOX) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


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What is Twenty-First Century Fox Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Twenty-First Century Fox Cyclically Adjusted Price-to-FCF Historical Data

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

Twenty-First Century Fox Cyclically Adjusted Price-to-FCF Chart

Twenty-First Century Fox Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Cyclically Adjusted Price-to-FCF
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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 Price-to-FCF

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 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.

Twenty-First Century Fox's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2018 is calculated as:

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)
=-0.088/105.9979*105.9979
=-0.088

Current CPI (Dec. 2018) = 105.9979.

Twenty-First Century Fox Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200903 0.708 89.744 0.836
200906 0.428 91.003 0.499
200909 0.244 91.120 0.284
200912 -0.158 91.111 -0.184
201003 0.894 91.821 1.032
201006 0.276 91.962 0.318
201009 0.095 92.162 0.109
201012 -0.052 92.474 -0.060
201103 0.588 94.283 0.661
201106 0.583 95.235 0.649
201109 0.066 95.727 0.073
201112 -0.026 95.213 -0.029
201203 0.752 96.783 0.824
201206 0.324 96.819 0.355
201209 0.217 97.633 0.236
201212 0.027 96.871 0.030
201303 0.637 98.209 0.688
201306 0.111 98.518 0.119
201309 0.081 98.790 0.087
201312 0.022 98.326 0.024
201403 0.435 99.695 0.463
201406 0.556 100.560 0.586
201409 0.162 100.428 0.171
201412 0.140 99.070 0.150
201503 0.982 99.621 1.045
201506 0.511 100.684 0.538
201509 -0.213 100.392 -0.225
201512 0.293 99.792 0.311
201603 1.014 100.470 1.070
201606 0.556 101.688 0.580
201609 0.541 101.861 0.563
201612 0.108 101.863 0.112
201703 0.645 102.862 0.665
201706 0.698 103.349 0.716
201709 0.371 104.136 0.378
201712 -0.232 104.011 -0.236
201803 0.910 105.290 0.916
201806 1.074 106.317 1.071
201809 0.295 106.507 0.294
201812 -0.088 105.998 -0.088

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.


Twenty-First Century Fox  (ASX:FOX) 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.


Twenty-First Century Fox Cyclically Adjusted Price-to-FCF Related Terms

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Twenty-First Century Fox (ASX:FOX) 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.

Twenty-First Century Fox (ASX:FOX) Headlines

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