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Tele2 AB (LTS:0QE5) Cyclically Adjusted Price-to-FCF : 13.10 (As of May. 18, 2024)


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What is Tele2 AB Cyclically Adjusted Price-to-FCF?

As of today (2024-05-18), Tele2 AB's current share price is kr125.00. Tele2 AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr9.54. Tele2 AB's Cyclically Adjusted Price-to-FCF for today is 13.10.

The historical rank and industry rank for Tele2 AB's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LTS:0QE5' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.64   Med: 13.74   Max: 28.85
Current: 15.58

During the past years, Tele2 AB's highest Cyclically Adjusted Price-to-FCF was 28.85. The lowest was 4.64. And the median was 13.74.

LTS:0QE5's Cyclically Adjusted Price-to-FCF is ranked worse than
58.51% of 188 companies
in the Telecommunication Services industry
Industry Median: 13.345 vs LTS:0QE5: 15.58

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.

Tele2 AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr2.436. 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 kr9.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tele2 AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tele2 AB'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.

Tele2 AB Cyclically Adjusted Price-to-FCF Chart

Tele2 AB 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 21.72 22.49 25.33 15.79 13.71

Tele2 AB 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 17.58 14.69 13.33 13.71 13.10

Competitive Comparison of Tele2 AB's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Tele2 AB'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.


Tele2 AB's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Tele2 AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Tele2 AB's Cyclically Adjusted Price-to-FCF falls into.



Tele2 AB 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.

Tele2 AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=125.00/9.54
=13.10

* 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.

Tele2 AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Tele2 AB'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)
=2.436/132.2054*132.2054
=2.436

Current CPI (Mar. 2024) = 132.2054.

Tele2 AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.589 100.432 0.775
201409 1.021 100.161 1.348
201412 0.390 100.225 0.514
201503 -0.206 99.950 -0.272
201506 -0.575 99.995 -0.760
201509 0.361 100.228 0.476
201512 -0.602 100.276 -0.794
201603 -0.339 100.751 -0.445
201606 0.309 101.019 0.404
201609 1.869 101.138 2.443
201612 0.770 102.022 0.998
201703 0.352 102.022 0.456
201706 1.678 102.752 2.159
201709 2.530 103.279 3.239
201712 0.434 103.793 0.553
201803 0.135 103.962 0.172
201806 1.007 104.875 1.269
201809 2.145 105.679 2.683
201812 0.106 105.912 0.132
201903 1.185 105.886 1.480
201906 2.018 106.742 2.499
201909 3.038 107.214 3.746
201912 2.597 107.766 3.186
202003 2.424 106.563 3.007
202006 1.781 107.498 2.190
202009 2.897 107.635 3.558
202012 1.678 108.296 2.048
202103 1.733 108.360 2.114
202106 2.215 108.928 2.688
202109 3.163 110.338 3.790
202112 2.942 112.486 3.458
202203 1.865 114.825 2.147
202206 1.478 118.384 1.651
202209 2.344 122.296 2.534
202212 1.038 126.365 1.086
202303 2.163 127.042 2.251
202306 2.112 129.407 2.158
202309 3.148 130.224 3.196
202312 1.135 131.912 1.138
202403 2.436 132.205 2.436

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.


Tele2 AB  (LTS:0QE5) 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.


Tele2 AB Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Tele2 AB's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Tele2 AB (LTS:0QE5) Business Description

Address
Torshamnsgatan 17, P.O. Box 462, Kista, Stockholm, SWE, 16494
Tele2 is the number two telecom operator by market share in Sweden, after Telia. Tele2 was a pure mobile operator until 2018 when it acquired Com Hem, Sweden's largest cable company. Tele2 is also present in the Baltic markets, where it runs a pure mobile business. During the past decade, Tele2 has shown very good cost discipline and a healthy dividend policy, which we expect to remain.

Tele2 AB (LTS:0QE5) Headlines

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