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Elisa Oyj (FRA:EIA) Cyclically Adjusted Price-to-FCF : 19.99 (As of Jun. 10, 2024)


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What is Elisa Oyj Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Elisa Oyj's current share price is €43.58. Elisa Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.18. Elisa Oyj's Cyclically Adjusted Price-to-FCF for today is 19.99.

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

FRA:EIA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.71   Med: 26.43   Max: 32.4
Current: 20.17

During the past years, Elisa Oyj's highest Cyclically Adjusted Price-to-FCF was 32.40. The lowest was 18.71. And the median was 26.43.

FRA:EIA's Cyclically Adjusted Price-to-FCF is ranked worse than
69.11% of 191 companies
in the Telecommunication Services industry
Industry Median: 12.99 vs FRA:EIA: 20.17

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.

Elisa Oyj's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.536. 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 €2.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Elisa Oyj Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Elisa Oyj'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.

Elisa Oyj Cyclically Adjusted Price-to-FCF Chart

Elisa Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.57 25.75 31.22 24.98 19.63

Elisa Oyj Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 27.37 23.60 20.80 19.63 19.08

Competitive Comparison of Elisa Oyj's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Elisa Oyj'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.


Elisa Oyj's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

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

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



Elisa Oyj 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.

Elisa Oyj's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=43.58/2.18
=19.99

* 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.

Elisa Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Elisa Oyj's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.536/122.3600*122.3600
=0.536

Current CPI (Mar. 2024) = 122.3600.

Elisa Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.368 100.147 0.450
201409 0.383 100.726 0.465
201412 0.349 100.229 0.426
201503 0.433 100.120 0.529
201506 0.491 100.030 0.601
201509 0.542 100.130 0.662
201512 0.183 99.990 0.224
201603 0.451 100.080 0.551
201606 0.523 100.390 0.637
201609 0.435 100.540 0.529
201612 0.330 101.020 0.400
201703 0.414 100.910 0.502
201706 0.405 101.140 0.490
201709 0.439 101.320 0.530
201712 0.284 101.510 0.342
201803 0.317 101.730 0.381
201806 0.550 102.320 0.658
201809 0.534 102.600 0.637
201812 0.351 102.710 0.418
201903 0.422 102.870 0.502
201906 0.638 103.360 0.755
201909 0.614 103.540 0.726
201912 0.342 103.650 0.404
202003 0.452 103.490 0.534
202006 0.531 103.320 0.629
202009 0.590 103.710 0.696
202012 0.618 103.890 0.728
202103 0.372 104.870 0.434
202106 0.629 105.360 0.730
202109 0.557 106.290 0.641
202112 0.545 107.490 0.620
202203 0.414 110.950 0.457
202206 0.506 113.570 0.545
202209 0.547 114.920 0.582
202212 0.535 117.320 0.558
202303 0.424 119.750 0.433
202306 0.677 120.690 0.686
202309 0.667 121.280 0.673
202312 0.370 121.540 0.372
202403 0.536 122.360 0.536

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.


Elisa Oyj  (FRA:EIA) 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.


Elisa Oyj Cyclically Adjusted Price-to-FCF Related Terms

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


Elisa Oyj (FRA:EIA) Business Description

Traded in Other Exchanges
Address
Ratavartijankatu 5, Helsinki, FIN, 00520
Elisa Oyj is a telecommunications company that operates in two segments, Consumer Customers and Corporate Customers. The Consumer Customers segment provides consumers with telecommunications and communications services, such as fixed and mobile subscriptions with supplementary digital services, cabletv subscriptions, Elisa Viihde entertainment service and Elisa Kirja e-reading service. The Corporate Customers segment provides corporate and public administration organisations with services such as IT and communication solutions for the digital environment as well as fixed and mobile subscriptions. Majority of revenue is generated from Consumer Customers segment. The company generates majority of its revenue in Finland.

Elisa Oyj (FRA:EIA) Headlines

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