GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Tele2 AB (OTCPK:TLTZY) » Definitions » Cyclically Adjusted Price-to-FCF

Tele2 AB (Tele2 AB) Cyclically Adjusted Price-to-FCF : 15.39 (As of Apr. 27, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Tele2 AB Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Tele2 AB's current share price is $4.77. Tele2 AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.31. Tele2 AB's Cyclically Adjusted Price-to-FCF for today is 15.39.

The historical rank and industry rank for Tele2 AB's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TLTZY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.64   Med: 13.7   Max: 28.85
Current: 15.43

During the past years, Tele2 AB's highest Cyclically Adjusted Price-to-FCF was 28.85. The lowest was 4.64. And the median was 13.70.

TLTZY's Cyclically Adjusted Price-to-FCF is ranked worse than
54.84% of 186 companies
in the Telecommunication Services industry
Industry Median: 13.505 vs TLTZY: 15.43

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.

Tele2 AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.117. 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 $0.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tele2 AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tele2 AB'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.

Tele2 AB Cyclically Adjusted Price-to-FCF Chart

Tele2 AB 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 21.72 22.49 25.33 15.79 13.71

Tele2 AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.58 14.69 13.33 13.71 13.10

Competitive Comparison of Tele2 AB's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Tele2 AB'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.


Tele2 AB's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Tele2 AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Tele2 AB's Cyclically Adjusted Price-to-FCF falls into.



Tele2 AB 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.

Tele2 AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.77/0.31
=15.39

* 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.

Tele2 AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Tele2 AB's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.117/130.9575*130.9575
=0.117

Current CPI (Mar. 2024) = 130.9575.

Tele2 AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.044 100.432 0.057
201409 0.072 100.161 0.094
201412 0.026 100.225 0.034
201503 -0.012 99.950 -0.016
201506 -0.035 99.995 -0.046
201509 0.022 100.228 0.029
201512 -0.035 100.276 -0.046
201603 -0.020 100.751 -0.026
201606 0.019 101.019 0.025
201609 0.110 101.138 0.142
201612 0.042 102.022 0.054
201703 0.020 102.022 0.026
201706 0.097 102.752 0.124
201709 0.158 103.279 0.200
201712 0.026 103.793 0.033
201803 0.008 103.962 0.010
201806 0.057 104.875 0.071
201809 0.120 105.679 0.149
201812 0.006 105.912 0.007
201903 0.064 105.886 0.079
201906 0.107 106.742 0.131
201909 0.156 107.214 0.191
201912 0.138 107.766 0.168
202003 0.123 106.563 0.151
202006 0.096 107.498 0.117
202009 0.164 107.635 0.200
202012 0.100 108.296 0.121
202103 0.101 108.360 0.122
202106 0.132 108.928 0.159
202109 0.183 110.338 0.217
202112 0.162 112.486 0.189
202203 0.097 114.825 0.111
202206 0.074 118.384 0.082
202209 0.107 122.296 0.115
202212 0.050 126.365 0.052
202303 0.103 127.042 0.106
202306 0.098 129.407 0.099
202309 0.142 130.224 0.143
202312 0.055 130.958 0.055
202403 0.117 130.958 0.117

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.


Tele2 AB  (OTCPK:TLTZY) 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.


Tele2 AB Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Tele2 AB's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Tele2 AB (Tele2 AB) Business Description

Address
Torshamnsgatan 17, P.O. Box 462, Kista, Stockholm, SWE, 16494
Tele2 is the number two telecom operator by market share in Sweden, after Telia. Tele2 was a pure mobile operator until 2018 when it acquired Com Hem, Sweden's largest cable company. Tele2 is also present in the Baltic markets, where it runs a pure mobile business. During the past decade, Tele2 has shown very good cost discipline and a healthy dividend policy, which we expect to remain.