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Smiths News (Smiths News) Cyclically Adjusted Price-to-FCF : 2.66 (As of Apr. 27, 2024)


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What is Smiths News Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Smiths News's current share price is $4.13. Smiths News's Cyclically Adjusted FCF per Share for the fiscal year that ended in Aug23 was $1.55. Smiths News's Cyclically Adjusted Price-to-FCF for today is 2.66.

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

SMWPY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.89   Med: 3.25   Max: 43.45
Current: 3.28

During the past 13 years, Smiths News's highest Cyclically Adjusted Price-to-FCF was 43.45. The lowest was 0.89. And the median was 3.25.

SMWPY's Cyclically Adjusted Price-to-FCF is ranked better than
88.52% of 357 companies
in the Media - Diversified industry
Industry Median: 16.88 vs SMWPY: 3.28

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.

Smiths News's adjusted free cash flow per share data of for the fiscal year that ended in Aug23 was $3.356. 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 $1.55 for the trailing ten years ended in Aug23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Smiths News Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Smiths News'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.

Smiths News Cyclically Adjusted Price-to-FCF Chart

Smiths News Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.74 1.58 2.91 1.96 2.64

Smiths News Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 2.91 - 1.96 - 2.64

Competitive Comparison of Smiths News's Cyclically Adjusted Price-to-FCF

For the Publishing subindustry, Smiths News'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.


Smiths News's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Smiths News's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Smiths News 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.13/1.55
=2.66

* 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.

Smiths News's Cyclically Adjusted FCF per Share for the fiscal year that ended in Aug23 is calculated as:

For example, Smiths News's adjusted Free Cash Flow per Share data for the fiscal year that ended in Aug23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Aug23 (Change)*Current CPI (Aug23)
=3.356/129.4000*129.4000
=3.356

Current CPI (Aug23) = 129.4000.

Smiths News Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201408 5.805 99.900 7.519
201508 4.872 100.300 6.286
201608 4.697 101.200 6.006
201708 3.398 104.000 4.228
201808 3.034 106.500 3.686
201908 1.422 108.300 1.699
202008 1.516 108.800 1.803
202108 4.186 112.100 4.832
202208 4.543 121.800 4.826
202308 3.356 129.400 3.356

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.


Smiths News  (OTCPK:SMWPY) 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.


Smiths News Cyclically Adjusted Price-to-FCF Related Terms

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


Smiths News (Smiths News) Business Description

Traded in Other Exchanges
Address
Rowan House, Cherry Orchard North, Kembrey Park, Swindon, Wiltshire, GBR, SN2 8UH
Smiths News PLC is a UK-based wholesale distributor of published content. The group is one of the UK's foremost publishers of newspapers and magazines, and it also operates as a book distributor through bookstores and an online platform serving the needs of academics and public libraries. Geographically, it derives a majority of revenue from the United Kingdom. Its segments include Smiths News Core; Dawson Media Direct (DMD); Instore and others.

Smiths News (Smiths News) Headlines