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News (FRA:NC0E) Cyclically Adjusted FCF per Share : €0.95 (As of Sep. 2024)


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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 Sep. 2024 was €-0.049. 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 €0.95 for the trailing ten years ended in Sep. 2024.

During the past 12 months, News's average Cyclically Adjusted FCF Growth Rate was -2.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.10% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of News was 7.10% per year. The lowest was 7.10% per year. And the median was 7.10% per year.

As of today (2024-12-12), News's current stock price is €29.80. News's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was €0.95. News's Cyclically Adjusted Price-to-FCF of today is 31.37.

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 23.18.


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 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.68 0.96 1.01 1.03

News Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.05 0.99 1.02 1.03 0.95

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 Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.049/133.0289*133.0289
=-0.049

Current CPI (Sep. 2024) = 133.0289.

News Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.373 99.070 0.501
201503 0.339 99.621 0.453
201506 -0.130 100.684 -0.172
201509 0.119 100.392 0.158
201512 0.233 99.792 0.311
201603 0.181 100.470 0.240
201606 0.426 101.688 0.557
201609 -0.491 101.861 -0.641
201612 0.347 101.863 0.453
201703 0.254 102.862 0.328
201706 0.286 103.349 0.368
201709 -0.095 104.136 -0.121
201712 0.206 104.011 0.263
201803 0.263 105.290 0.332
201806 0.188 106.317 0.235
201809 -0.029 106.507 -0.036
201812 0.171 105.998 0.215
201903 0.225 107.251 0.279
201906 0.168 108.070 0.207
201909 -0.139 108.329 -0.171
201912 0.069 108.420 0.085
202003 0.265 108.902 0.324
202006 0.324 108.767 0.396
202009 0.089 109.815 0.108
202012 0.344 109.897 0.416
202103 0.702 111.754 0.836
202106 0.056 114.631 0.065
202109 -0.050 115.734 -0.057
202112 0.379 117.630 0.429
202203 0.756 121.301 0.829
202206 0.228 125.017 0.243
202209 -0.234 125.227 -0.249
202212 0.129 125.222 0.137
202303 0.608 127.348 0.635
202306 0.437 128.729 0.452
202309 -0.292 129.860 -0.299
202312 0.397 129.419 0.408
202403 0.677 131.776 0.683
202406 0.180 132.554 0.181
202409 -0.049 133.029 -0.049

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


News  (FRA:NC0E) 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
=29.80/0.95
=31.37

* 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 23.18.


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 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 us, the UK, and Australia. Key mastheads include The Wall Street Journal, Barron's, New York Post, The Times, The Sun, The Australian, Herald Sun, and The Daily Telegraph. The company also has a strong presence in the Australian subscription video market through 65%-owned Foxtel, and streaming platforms such as sport-focused Kayo and entertainment-focused Binge. Its 61%-owned REA Group is the dominant property listings business in Australia. In addition, it owns Harper Collins, one of the largest book publishers in the world, and has a sizable us digital property advertising business, Move.

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