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Telefonica Deutschland Holding AG (XSWX:O2D) Cyclically Adjusted Price-to-FCF : (As of Jun. 02, 2024)


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What is Telefonica Deutschland Holding AG Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Telefonica Deutschland Holding AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Telefonica Deutschland Holding AG'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.

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Telefonica Deutschland Holding AG Cyclically Adjusted Price-to-FCF Chart

Telefonica Deutschland Holding AG 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 6.53 5.76 6.77 6.83 6.97

Telefonica Deutschland Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 6.77 - 6.83 - 6.97

Competitive Comparison of Telefonica Deutschland Holding AG's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Telefonica Deutschland Holding AG'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.


Telefonica Deutschland Holding AG's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Telefonica Deutschland Holding AG's Cyclically Adjusted Price-to-FCF falls into.



Telefonica Deutschland Holding AG 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.

Telefonica Deutschland Holding AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Telefonica Deutschland Holding AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.396/123.7729*123.7729
=0.396

Current CPI (Dec23) = 123.7729.

Telefonica Deutschland Holding AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.535 99.543 0.665
201512 -0.081 99.717 -0.101
201612 0.298 101.217 0.364
201712 0.261 102.617 0.315
201812 0.270 104.217 0.321
201912 0.385 105.818 0.450
202012 0.412 105.518 0.483
202112 0.338 110.384 0.379
202212 0.362 119.345 0.375
202312 0.396 123.773 0.396

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.


Telefonica Deutschland Holding AG  (XSWX:O2D) 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.


Telefonica Deutschland Holding AG Cyclically Adjusted Price-to-FCF Related Terms

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Telefonica Deutschland Holding AG (XSWX:O2D) Business Description

Traded in Other Exchanges
Address
Georg-Brauchle-Ring 50, Munich, BY, DEU, 80992
Telefonica Deutschland O2 is the German subsidiary of Telefonica, which owns 69% of the company's stock. Following the E-Plus acquisition in 2014, O2 became one of the largest wireless operators in Germany. O2 is required to offer competitors, such as 1&1 Drillisch, access to its network as a condition of the regulator's approval of its merger with E-Plus.The firm does not have its own fixed-line network but resells capacity from Deutsche Telekom and Vodafone.

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