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Quebecor (Quebecor) Cyclically Adjusted Price-to-FCF : 17.32 (As of Apr. 29, 2024)


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What is Quebecor Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Quebecor's current share price is $20.78. Quebecor's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.20. Quebecor's Cyclically Adjusted Price-to-FCF for today is 17.32.

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

QBCRF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.36   Med: 31.45   Max: 221.86
Current: 17.08

During the past years, Quebecor's highest Cyclically Adjusted Price-to-FCF was 221.86. The lowest was 14.36. And the median was 31.45.

QBCRF's Cyclically Adjusted Price-to-FCF is ranked worse than
62.83% of 191 companies
in the Telecommunication Services industry
Industry Median: 13.06 vs QBCRF: 17.08

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.

Quebecor's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.579. 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 $1.20 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quebecor Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Quebecor'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.

Quebecor Cyclically Adjusted Price-to-FCF Chart

Quebecor 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 36.08 26.85 24.38 21.92 18.92

Quebecor 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 21.92 22.80 20.72 17.64 18.92

Competitive Comparison of Quebecor's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Quebecor'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.


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

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

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



Quebecor 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.78/1.2
=17.32

* 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.

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

For example, Quebecor'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)
=0.579/125.4675*125.4675
=0.579

Current CPI (Dec. 2023) = 125.4675.

Quebecor Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.221 98.604 -0.281
201406 -0.468 99.473 -0.590
201409 0.626 99.394 0.790
201412 0.125 98.367 0.159
201503 -0.163 99.789 -0.205
201506 -0.593 100.500 -0.740
201509 0.186 100.421 0.232
201512 0.570 99.947 0.716
201603 0.010 101.054 0.012
201606 0.022 102.002 0.027
201609 0.455 101.765 0.561
201612 0.333 101.449 0.412
201703 -0.172 102.634 -0.210
201706 0.465 103.029 0.566
201709 0.706 103.345 0.857
201712 0.371 103.345 0.450
201803 0.326 105.004 0.390
201806 0.520 105.557 0.618
201809 0.841 105.636 0.999
201812 0.350 105.399 0.417
201903 -0.031 106.979 -0.036
201906 -0.381 107.690 -0.444
201909 0.548 107.611 0.639
201912 0.496 107.769 0.577
202003 0.383 107.927 0.445
202006 0.681 108.401 0.788
202009 0.504 108.164 0.585
202012 0.728 108.559 0.841
202103 0.293 110.298 0.333
202106 0.227 111.720 0.255
202109 0.129 112.905 0.143
202112 -1.517 113.774 -1.673
202203 0.234 117.646 0.250
202206 0.223 120.806 0.232
202209 0.974 120.648 1.013
202212 0.649 120.964 0.673
202303 0.369 122.702 0.377
202306 0.664 124.203 0.671
202309 1.098 125.230 1.100
202312 0.579 125.468 0.579

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.


Quebecor  (OTCPK:QBCRF) 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.


Quebecor Cyclically Adjusted Price-to-FCF Related Terms

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


Quebecor (Quebecor) Business Description

Traded in Other Exchanges
Address
612, rue Saint-Jacques, Corporate secretariat, 18th floor, Montreal, QC, CAN, H3C 4M8
Quebecor primarily provides telecom services in Quebec, where it has roughly 1.7 million internet subscribers—equating to a penetration rate of about 50% in its footprint—and over 3 million mobile subscribers, including more than 20% wireless market share in Quebec. With the acquisition of Freedom Mobile in April 2023, Quebecor also has more than 1.5 million mobile subscribers in Ontario, British Columbia, and Alberta. Quebecor also offers a French-language subscription video on demand service and has a media segment that owns and operates television stations, publishes newspapers and magazines, and produces and distributes films and television shows. A very small portion of Quebecor's business engages in live event production and promotion and has ownership of live-event venues.