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News (BSP:N1WS35) Cyclically Adjusted FCF per Share : R$2.12 (As of Dec. 2023)


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What is News 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.

News's adjusted free cash flow per share for the three months ended in Dec. 2023 was R$1.059. 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 R$2.12 for the trailing ten years ended in Dec. 2023.

During the past 12 months, News's average Cyclically Adjusted FCF Growth Rate was 2.90% 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.

As of today (2024-05-01), News's current stock price is R$49.00. News's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$2.12. News's Cyclically Adjusted Price-to-FCF of today is 23.11.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of News was 34.13. The lowest was 14.81. And the median was 21.67.


News Cyclically Adjusted FCF per Share Historical Data

The historical data trend for News'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.

News Cyclically Adjusted FCF per Share Chart

News Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.06 3.71 2.67

News 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 2.55 2.71 2.67 2.64 2.12

Competitive Comparison of News's Cyclically Adjusted FCF per Share

For the Entertainment subindustry, 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.


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

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

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



News 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, News'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)
=1.059/129.4194*129.4194
=1.059

Current CPI (Dec. 2023) = 129.4194.

News Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.600 99.695 0.779
201406 0.216 100.560 0.278
201409 0.254 100.428 0.327
201412 0.608 99.070 0.794
201503 0.576 99.621 0.748
201506 -0.226 100.684 -0.291
201509 0.261 100.392 0.336
201512 0.493 99.792 0.639
201603 0.373 100.470 0.480
201606 0.820 101.688 1.044
201609 -0.896 101.861 -1.138
201612 0.614 101.863 0.780
201703 0.425 102.862 0.535
201706 0.529 103.349 0.662
201709 -0.177 104.136 -0.220
201712 0.401 104.011 0.499
201803 0.532 105.290 0.654
201806 0.414 106.317 0.504
201809 -0.070 106.507 -0.085
201812 0.377 105.998 0.460
201903 0.489 107.251 0.590
201906 0.366 108.070 0.438
201909 -0.316 108.329 -0.378
201912 0.156 108.420 0.186
202003 0.714 108.902 0.849
202006 0.948 108.767 1.128
202009 0.283 109.815 0.334
202012 1.077 109.897 1.268
202103 2.355 111.754 2.727
202106 0.169 114.631 0.191
202109 -0.155 115.734 -0.173
202112 1.212 117.630 1.333
202203 2.072 121.301 2.211
202206 0.609 125.017 0.630
202209 -0.607 125.227 -0.627
202212 0.359 125.222 0.371
202303 1.694 127.348 1.722
202306 1.149 128.729 1.155
202309 -0.770 129.860 -0.767
202312 1.059 129.419 1.059

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


News  (BSP:N1WS35) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=49.00/2.12
=23.11

* 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 News was 34.13. The lowest was 14.81. And the median was 21.67.


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.


News Cyclically Adjusted FCF per Share Related Terms

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


News (BSP:N1WS35) Business Description

Address
1211 Avenue of the Americas, New York, NY, USA, 10036
News Corporation is a diversified media conglomerate with significant presence in the U.S, the U.K., and Australia. Key mastheads include The Wall Street Journal, Herald Sun, and The Times. The company also has a strong presence in the Australian pay-TV market through Fox Sports and Foxtel (both 65%-owned), while its 61%-owned REA Group is the dominant real estate classified business in Australia. In addition, it owns HarperCollins, one of the largest book publishers in the world, and also has a substantial digital property advertising business (Move) in the U.S.

News (BSP:N1WS35) Headlines

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