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Gannett Co (FRA:2N2A) Cyclically Adjusted FCF per Share : €1.19 (As of Mar. 2024)


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What is Gannett Co 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.

Gannett Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.062. 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 €1.19 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gannett Co's average Cyclically Adjusted FCF Growth Rate was 5.50% 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 (2024-05-25), Gannett Co's current stock price is €3.18. Gannett Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.19. Gannett Co's Cyclically Adjusted Price-to-FCF of today is 2.67.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Gannett Co was 4.57. The lowest was 1.05. And the median was 1.83.


Gannett Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Gannett Co'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.

Gannett Co Cyclically Adjusted FCF per Share Chart

Gannett Co 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 - - 1.12 1.13 1.23

Gannett Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.12 1.20 1.28 1.23 1.19

Competitive Comparison of Gannett Co's Cyclically Adjusted FCF per Share

For the Publishing subindustry, Gannett Co'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.


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

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

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



Gannett Co 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, Gannett Co'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)
=0.062/131.7762*131.7762
=0.062

Current CPI (Mar. 2024) = 131.7762.

Gannett Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.020 100.560 0.026
201409 0.494 100.428 0.648
201412 0.336 99.070 0.447
201503 0.505 99.621 0.668
201506 0.475 100.684 0.622
201509 1.024 100.392 1.344
201512 0.138 99.792 0.182
201603 0.146 100.470 0.191
201606 0.359 101.688 0.465
201609 0.682 101.861 0.882
201612 0.491 101.863 0.635
201703 0.279 102.862 0.357
201706 0.485 103.349 0.618
201709 0.456 104.136 0.577
201712 0.413 104.011 0.523
201803 0.256 105.290 0.320
201806 0.514 106.317 0.637
201809 0.163 106.507 0.202
201812 0.497 105.998 0.618
201903 0.435 107.251 0.534
201906 0.342 108.070 0.417
201909 0.583 108.329 0.709
201912 -0.791 108.420 -0.961
202003 0.324 108.902 0.392
202006 -0.299 108.767 -0.362
202009 0.275 109.815 0.330
202012 -0.152 109.897 -0.182
202103 0.336 111.754 0.396
202106 0.081 114.631 0.093
202109 0.104 115.734 0.118
202112 -0.119 117.630 -0.133
202203 0.144 121.301 0.156
202206 -0.298 125.017 -0.314
202209 0.137 125.227 0.144
202212 -0.011 125.222 -0.012
202303 -0.014 127.348 -0.014
202306 0.254 128.729 0.260
202309 0.049 129.860 0.050
202312 0.083 129.419 0.085
202403 0.062 131.776 0.062

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


Gannett Co  (FRA:2N2A) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3.18/1.19
=2.67

* 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 Gannett Co was 4.57. The lowest was 1.05. And the median was 1.83.


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.


Gannett Co Cyclically Adjusted FCF per Share Related Terms

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


Gannett Co (FRA:2N2A) Business Description

Traded in Other Exchanges
Address
7950 Jones Branch Drive, McLean, VA, USA, 22107-0910
Gannett Co Inc is a digital newspaper company providing local media and marketing solutions in the U.S. The Group operate in two segments, Gannett Media and Digital Marketing Solutions. The majority of revenue is from the Gannett media segment. The company's brands include USA TODAY and more than 250 daily newspapers as well as digital marketing services companies, including ReachLocal, WordStream and others. The company produces more than 350 annual events, such as themed expos. The company also operates in the U.K. through the U.K. media company Newsquest to provide more than 150 local media brands.

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