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Yellow Pages (FRA:YMI) Cyclically Adjusted Price-to-FCF : 2.40 (As of Jun. 07, 2024)


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What is Yellow Pages Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Yellow Pages's current share price is €5.85. Yellow Pages's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.44. Yellow Pages's Cyclically Adjusted Price-to-FCF for today is 2.40.

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

FRA:YMI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.45   Med: 3.11   Max: 3.7
Current: 2.45

During the past years, Yellow Pages's highest Cyclically Adjusted Price-to-FCF was 3.70. The lowest was 2.45. And the median was 3.11.

FRA:YMI's Cyclically Adjusted Price-to-FCF is ranked better than
90.16% of 366 companies
in the Media - Diversified industry
Industry Median: 16.135 vs FRA:YMI: 2.45

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.

Yellow Pages's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.221. 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 €2.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yellow Pages Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Yellow Pages'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.

Yellow Pages Cyclically Adjusted Price-to-FCF Chart

Yellow Pages 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 - 3.09 3.26 3.23 3.18

Yellow Pages 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 3.23 3.15 3.23 3.18 2.72

Competitive Comparison of Yellow Pages's Cyclically Adjusted Price-to-FCF

For the Publishing subindustry, Yellow Pages'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.


Yellow Pages's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

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



Yellow Pages 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.

Yellow Pages's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.85/2.44
=2.40

* 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.

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

For example, Yellow Pages'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)
=0.221/126.2576*126.2576
=0.221

Current CPI (Mar. 2024) = 126.2576.

Yellow Pages Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.849 99.473 1.078
201409 0.787 99.394 1.000
201412 -0.081 98.367 -0.104
201503 0.975 99.789 1.234
201506 0.371 100.500 0.466
201509 0.689 100.421 0.866
201512 0.517 99.947 0.653
201603 0.178 101.054 0.222
201606 0.405 102.002 0.501
201609 1.429 101.765 1.773
201612 0.198 101.449 0.246
201703 0.030 102.634 0.037
201706 0.630 103.029 0.772
201709 0.495 103.345 0.605
201712 0.058 103.345 0.071
201803 0.604 105.004 0.726
201806 0.438 105.557 0.524
201809 0.663 105.636 0.792
201812 0.760 105.399 0.910
201903 0.627 106.979 0.740
201906 0.527 107.690 0.618
201909 1.014 107.611 1.190
201912 0.635 107.769 0.744
202003 0.513 107.927 0.600
202006 0.602 108.401 0.701
202009 0.747 108.164 0.872
202012 0.669 108.559 0.778
202103 0.440 110.298 0.504
202106 0.691 111.720 0.781
202109 0.588 112.905 0.658
202112 0.715 113.774 0.793
202203 0.080 117.646 0.086
202206 0.679 120.806 0.710
202209 0.582 120.648 0.609
202212 -0.061 120.964 -0.064
202303 0.334 122.702 0.344
202306 0.723 124.203 0.735
202309 0.371 125.230 0.374
202312 0.227 125.072 0.229
202403 0.221 126.258 0.221

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.


Yellow Pages  (FRA:YMI) 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.


Yellow Pages Cyclically Adjusted Price-to-FCF Related Terms

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


Yellow Pages (FRA:YMI) Business Description

Traded in Other Exchanges
Address
1751 Richardson Street, Suite 2.300, Montreal, QC, CAN, H3K 1G6
Yellow Pages Ltd is a media and marketing solutions company in Canada, It offers local and national businesses access to digital and print media and marketing solutions to reach consumers in all the provinces and territories of Canada.

Yellow Pages (FRA:YMI) Headlines

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