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Liberty Formula One Group (HAM:LM0F) Cyclically Adjusted Price-to-FCF : 57.20 (As of May. 22, 2024)


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What is Liberty Formula One Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Liberty Formula One Group's current share price is €65.78. Liberty Formula One Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.15. Liberty Formula One Group's Cyclically Adjusted Price-to-FCF for today is 57.20.

The historical rank and industry rank for Liberty Formula One Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HAM:LM0F' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25.64   Med: 36.99   Max: 60
Current: 60

During the past years, Liberty Formula One Group's highest Cyclically Adjusted Price-to-FCF was 60.00. The lowest was 25.64. And the median was 36.99.

HAM:LM0F's Cyclically Adjusted Price-to-FCF is ranked worse than
85.71% of 350 companies
in the Media - Diversified industry
Industry Median: 17.14 vs HAM:LM0F: 60.00

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.

Liberty Formula One Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.428. 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 €1.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Liberty Formula One Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Liberty Formula One Group'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.

Liberty Formula One Group Cyclically Adjusted Price-to-FCF Chart

Liberty Formula One Group 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 - - 36.05 31.66 52.89

Liberty Formula One Group 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 43.28 45.42 42.10 52.89 53.33

Competitive Comparison of Liberty Formula One Group's Cyclically Adjusted Price-to-FCF

For the Entertainment subindustry, Liberty Formula One Group'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.


Liberty Formula One Group's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Liberty Formula One Group's Cyclically Adjusted Price-to-FCF falls into.



Liberty Formula One Group 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.

Liberty Formula One Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=65.78/1.15
=57.20

* 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.

Liberty Formula One Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Liberty Formula One Group'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)
=0.428/131.7762*131.7762
=0.428

Current CPI (Mar. 2024) = 131.7762.

Liberty Formula One Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.337 100.560 0.442
201409 0.307 100.428 0.403
201412 -1.160 99.070 -1.543
201503 -0.023 99.621 -0.030
201506 -0.021 100.684 -0.027
201509 0.025 100.392 0.033
201512 -0.050 99.792 -0.066
201603 5.374 100.470 7.048
201606 -0.469 101.688 -0.608
201609 -0.252 101.861 -0.326
201612 -0.645 101.863 -0.834
201703 0.454 102.862 0.582
201706 -0.495 103.349 -0.631
201709 0.292 104.136 0.370
201712 -0.433 104.011 -0.549
201803 0.620 105.290 0.776
201806 0.247 106.317 0.306
201809 0.092 106.507 0.114
201812 -0.061 105.998 -0.076
201903 0.820 107.251 1.008
201906 -0.106 108.070 -0.129
201909 0.238 108.329 0.290
201912 0.004 108.420 0.005
202003 0.369 108.902 0.447
202006 -0.925 108.767 -1.121
202009 -0.610 109.815 -0.732
202012 0.428 109.897 0.513
202103 0.636 111.754 0.750
202106 0.429 114.631 0.493
202109 0.184 115.734 0.210
202112 0.395 117.630 0.443
202203 0.481 121.301 0.523
202206 -0.557 125.017 -0.587
202209 0.698 125.227 0.735
202212 0.344 125.222 0.362
202303 0.768 127.348 0.795
202306 -0.253 128.729 -0.259
202309 0.453 129.860 0.460
202312 -0.205 129.419 -0.209
202403 0.428 131.776 0.428

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.


Liberty Formula One Group  (HAM:LM0F) 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.


Liberty Formula One Group Cyclically Adjusted Price-to-FCF Related Terms

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


Liberty Formula One Group (HAM:LM0F) Business Description

Traded in Other Exchanges
Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
Formula One Group controls the exclusive commercial and promotional rights to the FIA Formula One World Championship series, and the monetization of those rights is the primary business of the group. The firm is responsible for development and promotion of the Formula One race series in concert with its three partners: the FIA (the regulatory body), the teams that participate in the series, and the series' commercial partners, which include the race promoters, broadcasters, sponsors, and advertisers. The F1 schedule in 2023 will encompass 23 races held on five continents. Formula One Group is a subsidiary of Liberty Media, which purchased the firm in January 2017. Formula One stock is a tracking stock for the assets under Formula One Group with Liberty Media.

Liberty Formula One Group (HAM:LM0F) Headlines

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