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FWONK (Liberty Formula One Group) Cyclically Adjusted FCF per Share : $1.27 (As of Sep. 2024)


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What is Liberty Formula One Group 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.

Liberty Formula One Group's adjusted free cash flow per share for the three months ended in Sep. 2024 was $0.713. 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 $1.27 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Liberty Formula One Group's average Cyclically Adjusted FCF Growth Rate was -12.70% 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 (2024-12-14), Liberty Formula One Group's current stock price is $95.09. Liberty Formula One Group's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was $1.27. Liberty Formula One Group's Cyclically Adjusted Price-to-FCF of today is 74.87.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Liberty Formula One Group was 73.21. The lowest was 25.64. And the median was 39.08.


Liberty Formula One Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Liberty Formula One Group'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.

Liberty Formula One Group Cyclically Adjusted FCF per Share Chart

Liberty Formula One Group 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 - - 1.73 1.86 1.20

Liberty Formula One Group 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 1.48 1.20 1.23 1.29 1.27

Competitive Comparison of Liberty Formula One Group's Cyclically Adjusted FCF per Share

For the Entertainment subindustry, Liberty Formula One Group'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.


Liberty Formula One Group's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Liberty Formula One Group's Cyclically Adjusted Price-to-FCF falls into.



Liberty Formula One Group 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, Liberty Formula One Group'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)
=0.713/133.0289*133.0289
=0.713

Current CPI (Sep. 2024) = 133.0289.

Liberty Formula One Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -1.430 99.070 -1.920
201503 -0.025 99.621 -0.033
201506 -0.024 100.684 -0.032
201509 0.028 100.392 0.037
201512 -0.054 99.792 -0.072
201603 5.984 100.470 7.923
201606 -0.527 101.688 -0.689
201609 -0.282 101.861 -0.368
201612 -0.680 101.863 -0.888
201703 0.486 102.862 0.629
201706 -0.556 103.349 -0.716
201709 0.349 104.136 0.446
201712 -0.513 104.011 -0.656
201803 0.764 105.290 0.965
201806 0.289 106.317 0.362
201809 0.108 106.507 0.135
201812 -0.069 105.998 -0.087
201903 0.927 107.251 1.150
201906 -0.120 108.070 -0.148
201909 0.262 108.329 0.322
201912 0.004 108.420 0.005
202003 0.407 108.902 0.497
202006 -1.042 108.767 -1.274
202009 -0.718 109.815 -0.870
202012 0.521 109.897 0.631
202103 0.757 111.754 0.901
202106 0.517 114.631 0.600
202109 0.217 115.734 0.249
202112 0.446 117.630 0.504
202203 0.530 121.301 0.581
202206 -0.589 125.017 -0.627
202209 0.691 125.227 0.734
202212 0.364 125.222 0.387
202303 0.823 127.348 0.860
202306 -0.275 128.729 -0.284
202309 0.484 129.860 0.496
202312 -0.224 129.419 -0.230
202403 0.465 131.776 0.469
202406 1.042 132.554 1.046
202409 0.713 133.029 0.713

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


Liberty Formula One Group  (NAS:FWONK) 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.

Liberty Formula One Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=95.09/1.27
=74.87

* 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 Liberty Formula One Group was 73.21. The lowest was 25.64. And the median was 39.08.


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.


Liberty Formula One Group Cyclically Adjusted FCF per Share Related Terms

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


Liberty Formula One Group Business Description

Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
Formula One Group controls the exclusive commercial and promotional rights to the FIA Formula One World Championship series, and the monetization of those rights is the primary business of the group. The firm is responsible for development and promotion of the Formula One race series in concert with its three partners: the FIA (the regulatory body), the teams that participate in the series, and the series' commercial partners, which include the race promoters, broadcasters, sponsors, and advertisers. The F1 schedule in 2023 will encompass 23 races held on five continents. Formula One Group is a subsidiary of Liberty Media, which purchased the firm in January 2017. Formula One stock is a tracking stock for the assets under Formula One Group with Liberty Media.
Executives
Brian J Wendling officer: SVP/Controller/PFO 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Andrea L Wong director 12300 LIBERTY BLVD., ENGLEWOOD CO 80112
Renee L Wilm officer: Chief Legal Officer 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Berkshire Hathaway Inc 10 percent owner 3555 FARNAM STREET, OMAHA NE 68131
R. Ted Weschler, other: Member of 10% owner group 404B EAST MAIN STREET, 2ND FLOOR, CHARLOTTESVILLE VA 22902
Warren E Buffett 10 percent owner 3555 FARNAM ST, STE 1440, OMAHA NE 68131
Derek Chang director C/O CHARTER COMMUNICATIONS INC, 12405 POWERCOURT DR, ST LOUIS MO 63131
Trango Ii, L.l.c. 10 percent owner 610 WEST 5TH STREET, SUITE 600, AUSTIN TX 78701
Ancient Art, L.p. 10 percent owner 500 WEST 5TH STREET, SUITE 1110, AUSTIN TX 78701
Quincy J Lee 10 percent owner 425 SOLEDAD SUITE 500, SAN ANTONIO TX 78205
Gamco Investors, Inc. Et Al 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Associated Capital Group, Inc. 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830