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Corus Entertainment (Corus Entertainment) Cyclically Adjusted Price-to-FCF : 0.35 (As of Apr. 30, 2024)


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What is Corus Entertainment Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Corus Entertainment's current share price is $0.374. Corus Entertainment's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was $1.08. Corus Entertainment's Cyclically Adjusted Price-to-FCF for today is 0.35.

The historical rank and industry rank for Corus Entertainment's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CJREF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.34   Med: 3.74   Max: 26.65
Current: 0.35

During the past years, Corus Entertainment's highest Cyclically Adjusted Price-to-FCF was 26.65. The lowest was 0.34. And the median was 3.74.

CJREF's Cyclically Adjusted Price-to-FCF is ranked better than
98.6% of 358 companies
in the Media - Diversified industry
Industry Median: 16.62 vs CJREF: 0.35

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.

Corus Entertainment's adjusted free cash flow per share data for the three months ended in Feb. 2024 was $0.118. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $1.08 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corus Entertainment Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Corus Entertainment'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.

Corus Entertainment Cyclically Adjusted Price-to-FCF Chart

Corus Entertainment Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.15 1.91 3.68 2.17 0.84

Corus Entertainment Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cyclically Adjusted Price-to-FCF 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 1.15 0.74 0.84 0.37 0.48

Competitive Comparison of Corus Entertainment's Cyclically Adjusted Price-to-FCF

For the Entertainment subindustry, Corus Entertainment'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.


Corus Entertainment's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

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



Corus Entertainment 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.

Corus Entertainment's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.374/1.08
=0.35

* 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.

Corus Entertainment's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Corus Entertainment's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.118/125.4675*125.4675
=0.118

Current CPI (Feb. 2024) = 125.4675.

Corus Entertainment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.620 99.394 0.783
201408 -0.055 99.315 -0.069
201411 0.194 99.078 0.246
201502 0.403 99.078 0.510
201505 0.581 100.263 0.727
201508 0.395 100.579 0.493
201511 0.270 100.421 0.337
201602 0.150 100.421 0.187
201605 0.274 101.765 0.338
201608 0.209 101.686 0.258
201611 0.051 101.607 0.063
201702 0.363 102.476 0.444
201705 0.298 103.108 0.363
201708 0.285 103.108 0.347
201711 0.315 103.740 0.381
201802 0.308 104.688 0.369
201805 0.324 105.399 0.386
201808 0.343 106.031 0.406
201811 0.151 105.478 0.180
201902 0.288 106.268 0.340
201905 0.316 107.927 0.367
201908 0.332 108.085 0.385
201911 0.186 107.769 0.217
202002 0.228 108.559 0.264
202005 0.308 107.532 0.359
202008 0.316 108.243 0.366
202011 0.228 108.796 0.263
202102 0.337 109.745 0.385
202105 0.255 111.404 0.287
202108 0.110 112.668 0.122
202111 0.138 113.932 0.152
202202 0.331 115.986 0.358
202205 0.102 120.016 0.107
202208 0.170 120.569 0.177
202211 0.077 121.675 0.079
202302 0.105 122.070 0.108
202305 0.095 124.045 0.096
202308 0.118 125.389 0.118
202311 0.081 125.468 0.081
202402 0.118 125.468 0.118

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.


Corus Entertainment  (OTCPK:CJREF) 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.


Corus Entertainment Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Corus Entertainment's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Corus Entertainment (Corus Entertainment) Business Description

Traded in Other Exchanges
Address
25 Dockside Drive, Corus Quay, Toronto, ON, CAN, M5A 0B5
Corus Entertainment Inc is a media and content company that operates in the diversified media industry. The company has two business segments, which includes television, and radio. The television business segment has a portfolio of television channels. The radio business segment controls a number of stations that cater to the music, news, and talk radio markets. Television segment is the key revenue driver for the group. The company generates the vast majority of its revenue in Canada.