GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Deutsche Telekom AG (OTCPK:DTEGY) » Definitions » Cyclically Adjusted FCF per Share

Deutsche Telekom AG (Deutsche Telekom AG) Cyclically Adjusted FCF per Share : $1.43 (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Deutsche Telekom AG Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Deutsche Telekom AG's adjusted free cash flow per share for the three months ended in Dec. 2023 was $1.002. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $1.43 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Deutsche Telekom AG's average Cyclically Adjusted FCF Growth Rate was 38.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 16.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -2.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Deutsche Telekom AG was 16.30% per year. The lowest was -10.50% per year. And the median was -1.60% per year.

As of today (2024-04-27), Deutsche Telekom AG's current stock price is $23.32. Deutsche Telekom AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.43. Deutsche Telekom AG's Cyclically Adjusted Price-to-FCF of today is 16.31.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Deutsche Telekom AG was 24.16. The lowest was 6.41. And the median was 16.99.


Deutsche Telekom AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Deutsche Telekom AG's Cyclically Adjusted FCF per Share 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.

Deutsche Telekom AG Cyclically Adjusted FCF per Share Chart

Deutsche Telekom AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 1.00 0.87 1.00 1.43

Deutsche Telekom AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 1.00 - 1.23 1.28 1.43

Competitive Comparison of Deutsche Telekom AG's Cyclically Adjusted FCF per Share

For the Telecom Services subindustry, Deutsche Telekom 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.


Deutsche Telekom AG's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Deutsche Telekom AG's Cyclically Adjusted Price-to-FCF falls into.



Deutsche Telekom AG Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Deutsche Telekom AG'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)
=1.002/123.6675*123.6675
=1.002

Current CPI (Dec. 2023) = 123.6675.

Deutsche Telekom AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.239 99.543 0.297
201406 -0.232 99.543 -0.288
201409 0.285 99.823 0.353
201412 0.152 99.543 0.189
201503 -0.269 99.717 -0.334
201506 -0.114 100.417 -0.140
201509 0.280 100.417 0.345
201512 0.198 99.717 0.246
201603 -0.097 100.017 -0.120
201606 0.300 100.717 0.368
201609 0.163 101.017 0.200
201612 0.089 101.217 0.109
201703 0.247 101.417 0.301
201706 -1.453 102.117 -1.760
201709 0.454 102.717 0.547
201712 0.219 102.617 0.264
201803 0.301 102.917 0.362
201806 0.320 104.017 0.380
201809 0.427 104.718 0.504
201812 0.303 104.217 0.360
201903 0.520 104.217 0.617
201906 0.333 105.718 0.390
201909 0.637 106.018 0.743
201912 0.561 105.818 0.656
202003 0.091 105.718 0.106
202006 0.142 106.618 0.165
202009 0.639 105.818 0.747
202012 0.381 105.518 0.447
202103 -0.995 107.518 -1.144
202106 0.954 108.486 1.088
202109 1.119 109.435 1.265
202112 0.330 110.384 0.370
202203 0.484 113.968 0.525
202206 0.752 115.760 0.803
202209 0.672 118.818 0.699
202212 0.556 119.345 0.576
202303 1.019 122.402 1.030
202306 1.023 123.140 1.027
202309 1.164 124.195 1.159
202312 1.002 123.668 1.002

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Deutsche Telekom AG  (OTCPK:DTEGY) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Deutsche Telekom AG's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=23.32/1.43
=16.31

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Deutsche Telekom AG was 24.16. The lowest was 6.41. And the median was 16.99.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Deutsche Telekom AG Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Deutsche Telekom AG's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Deutsche Telekom AG (Deutsche Telekom AG) Business Description

Address
Friedrich-Ebert-Allee 140, Bonn, DEU, 53113
Deutsche Telekom is the incumbent telecom operator in Germany and remains the dominant player in both mobile and fixed markets. It also owns a controlling stake in T-Mobile US—one of three primary wireless carriers in the United States—which merged with Sprint in 2020, consolidating the market from four to three operators. Aside from its two core markets, Deutsche Telekom also has operations in several Central European countries and holds an IT arm (Systems Solutions).

Deutsche Telekom AG (Deutsche Telekom AG) Headlines