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Lee Enterprises (Lee Enterprises) Cyclically Adjusted Price-to-FCF : 1.28 (As of Apr. 30, 2024)


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What is Lee Enterprises Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Lee Enterprises's current share price is $12.843. Lee Enterprises's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $10.02. Lee Enterprises's Cyclically Adjusted Price-to-FCF for today is 1.28.

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

LEE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.51   Med: 1.33   Max: 3.21
Current: 1.27

During the past years, Lee Enterprises's highest Cyclically Adjusted Price-to-FCF was 3.21. The lowest was 0.51. And the median was 1.33.

LEE's Cyclically Adjusted Price-to-FCF is ranked better than
94.13% of 358 companies
in the Media - Diversified industry
Industry Median: 16.62 vs LEE: 1.27

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.

Lee Enterprises's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.160. 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 $10.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lee Enterprises Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lee Enterprises'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.

Lee Enterprises Cyclically Adjusted Price-to-FCF Chart

Lee Enterprises Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 0.60 1.74 1.46 1.04

Lee Enterprises Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.61 1.11 1.21 1.04 0.79

Competitive Comparison of Lee Enterprises's Cyclically Adjusted Price-to-FCF

For the Publishing subindustry, Lee Enterprises'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.


Lee Enterprises's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

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



Lee Enterprises 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.

Lee Enterprises's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.843/10.02
=1.28

* 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.

Lee Enterprises's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Lee Enterprises's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.16/129.4194*129.4194
=-0.160

Current CPI (Dec. 2023) = 129.4194.

Lee Enterprises Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 3.746 99.695 4.863
201406 6.024 100.560 7.753
201409 1.303 100.428 1.679
201412 3.474 99.070 4.538
201503 2.793 99.621 3.628
201506 4.564 100.684 5.867
201509 1.171 100.392 1.510
201512 3.639 99.792 4.719
201603 3.476 100.470 4.478
201606 4.004 101.688 5.096
201609 2.193 101.861 2.786
201612 3.935 101.863 5.000
201703 1.714 102.862 2.157
201706 4.489 103.349 5.621
201709 2.168 104.136 2.694
201712 3.597 104.011 4.476
201803 2.253 105.290 2.769
201806 3.582 106.317 4.360
201809 0.093 106.507 0.113
201812 3.246 105.998 3.963
201903 1.253 107.251 1.512
201906 2.578 108.070 3.087
201909 2.026 108.329 2.420
201912 1.385 108.420 1.653
202003 -0.529 108.902 -0.629
202006 4.559 108.767 5.425
202009 1.918 109.815 2.260
202012 2.997 109.897 3.529
202103 3.347 111.754 3.876
202106 0.187 114.631 0.211
202109 0.883 115.734 0.987
202112 -0.207 117.630 -0.228
202203 -0.687 121.301 -0.733
202206 0.027 125.017 0.028
202209 0.157 125.227 0.162
202212 -0.577 125.222 -0.596
202303 0.304 127.348 0.309
202306 -0.617 128.729 -0.620
202309 -0.403 129.860 -0.402
202312 -0.160 129.419 -0.160

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.


Lee Enterprises  (NAS:LEE) 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.


Lee Enterprises Cyclically Adjusted Price-to-FCF Related Terms

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


Lee Enterprises (Lee Enterprises) Business Description

Traded in Other Exchanges
Address
4600 E 53rd Street, Davenport, IA, USA, 52807
Lee Enterprises Inc is a local news publication company in the United States. It is a digital-first subscription business providing local markets with valuable, high quality, trusted, intensely local news, information, advertising and marketing services. Its product portfolio includes digital subscription platforms, daily, weekly and monthly newspapers and niche products, all delivering original local news and information as well as national and international news. The products offer digital and print editions, and its content and advertising is available in real time through the websites and mobile apps.
Executives
Shaun Mcalmont director C/O LINCOLN EDUCATIONAL SERVICES CORP., 200 EXECUTIVE DRIVE, SUITE 340, WEST ORANGE NJ 07052
Moloney Herbert W Iii director 215 N MAIN STREET, SUITE 400, DAVENPORT IA 52801
Steven C. Fletcher director C/O LEE ENTERPRISES, INCORPORATED, 4600 EAST 53RD STREET, DAVENPORT IA 52807
Margaret R. Liberman director C/O LEE ENTERPRISES, INCORPORATED, 201 N. HARRISON STREET, STE. 600, DAVENPORT IA 52801
David T. Pearson director C/O VONAGE HOLDINGS CORP, 23 MAIN STREET, HOLMDEL NJ 07733
Jolene N. Sherman officer: V.P. - Business Development C/O LEE ENTERPRISES, INCORPORATED, 4600 E. 53RD STREET, DAVENPORT IA 52807
Joseph J Battistoni officer: VP - Local Advertising C/O LEE ENTERPRISES, INCORPORATED, 4600 E. 53RD STREET, DAVENPORT IA 52807
Astrid J Garcia officer: VP - Human Resources & Legal C/O LEE ENTERPRISES, INCORPORATED, 4600 E. 53RD STREET, DAVENPORT IA 52807
Cannell Capital Llc 10 percent owner 245 MERIWETHER CIRCLE, ALTA WY 83414
Nancy S Donovan director
William E Mayer director C/O LEE ENTERPRISES INC, 201 N. HARRISON ST., STE. 600, DAVENPORT IA 52801
Ray G Farris officer: V.P. & Group Publisher C/O LEE ENTERPRISES, INCORPORATED, 201 N HARRISON STREET, STE. 600, DAVENPORT IA 52801
Gregory P Schermer director, 10 percent owner, officer: Vice Pres.-Interactive Media C/O LEE ENTERPRISES INCORPORATED, 215 N MAIN STREET STE 400, DAVENPORT IA 52801
Timothy R. Millage officer: V.P., CFO and Treasurer C/O LEE ENTERPRISES, INCORPORATED, 201 N HARRISON STREET, STE. 600, DAVENPORT IA 52801
Michael R Gulledge officer: Vice President - Publishing C/O LEE ENTERPRISES, INCORPORATED, 201 N. HARRISON STREET, DAVENPORT IA 52801-1939