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Telecom Argentina (Telecom Argentina) Cyclically Adjusted FCF per Share : $4.05 (As of Dec. 2023)


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What is Telecom Argentina 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.

Telecom Argentina's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.025. 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 $4.05 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Telecom Argentina's average Cyclically Adjusted FCF Growth Rate was 20.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 67.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 101.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 47.40% 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 Telecom Argentina was 150.10% per year. The lowest was -18.20% per year. And the median was 7.30% per year.

As of today (2024-04-29), Telecom Argentina's current stock price is $0.0221. Telecom Argentina's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.05. Telecom Argentina's Cyclically Adjusted Price-to-FCF of today is 0.01.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Telecom Argentina was 8.68. The lowest was 0.14. And the median was 3.44.


Telecom Argentina Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Telecom Argentina'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.

Telecom Argentina Cyclically Adjusted FCF per Share Chart

Telecom Argentina 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 1.39 1.88 3.32 5.63 4.05

Telecom Argentina 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 5.63 5.35 7.21 6.71 4.05

Competitive Comparison of Telecom Argentina's Cyclically Adjusted FCF per Share

For the Telecom Services subindustry, Telecom Argentina'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.


Telecom Argentina's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

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

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



Telecom Argentina 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, Telecom Argentina'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)
=-0.025/129.4194*129.4194
=-0.025

Current CPI (Dec. 2023) = 129.4194.

Telecom Argentina Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.059 99.695 -0.077
201406 -0.085 100.560 -0.109
201409 0.023 100.428 0.030
201412 -0.294 99.070 -0.384
201503 -0.023 99.621 -0.030
201506 -0.091 100.684 -0.117
201509 -0.051 100.392 -0.066
201512 -0.035 99.792 -0.045
201603 -0.055 100.470 -0.071
201606 -0.079 101.688 -0.101
201609 0.005 101.861 0.006
201612 0.542 101.863 0.689
201703 0.004 102.862 0.005
201706 -0.017 103.349 -0.021
201709 0.057 104.136 0.071
201712 0.157 104.011 0.195
201803 0.097 105.290 0.119
201806 -0.025 106.317 -0.030
201809 0.026 106.507 0.032
201812 -0.064 105.998 -0.078
201903 0.104 107.251 0.125
201906 0.106 108.070 0.127
201909 0.109 108.329 0.130
201912 0.246 108.420 0.294
202003 0.051 108.902 0.061
202006 0.207 108.767 0.246
202009 0.126 109.815 0.148
202012 0.438 109.897 0.516
202103 0.102 111.754 0.118
202106 0.099 114.631 0.112
202109 0.157 115.734 0.176
202112 1.169 117.630 1.286
202203 0.123 121.301 0.131
202206 0.157 125.017 0.163
202209 0.201 125.227 0.208
202212 0.431 125.222 0.445
202303 0.081 127.348 0.082
202306 0.088 128.729 0.088
202309 0.125 129.860 0.125
202312 -0.025 129.419 -0.025

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


Telecom Argentina  (OTCPK:TCMFF) 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.

Telecom Argentina's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.0221/4.05
=0.01

* 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 Telecom Argentina was 8.68. The lowest was 0.14. And the median was 3.44.


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.


Telecom Argentina Cyclically Adjusted FCF per Share Related Terms

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


Telecom Argentina (Telecom Argentina) Business Description

Traded in Other Exchanges
Address
General Hornos 690, Buenos Aires, ARG, C1272ACK
Telecom Argentina SA offers its customers quadruple play services, combining mobile telephony services, cable television services, Internet services and fixed telephony services. It also provides other telephone-related services such as international long-distance and wholesale services, data transmission and IT solutions outsourcing and install, operate and develop cable television and data transmission services. The company provides services in Argentina (mobile, cable television, Internet and fixed and data services), Paraguay (mobile, Internet and satellite TV services), Uruguay (cable television services) and the United States (fixed wholesale services).

Telecom Argentina (Telecom Argentina) Headlines

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