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Telecom Italia SpA (MEX:TIT N) Cyclically Adjusted FCF per Share : MXN0.66 (As of Mar. 2025)


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What is Telecom Italia SpA 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.

Telecom Italia SpA's adjusted free cash flow per share for the three months ended in Mar. 2025 was MXN-0.277. 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 MXN0.66 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -41.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -32.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -21.00% 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 Telecom Italia SpA was -4.40% per year. The lowest was -41.50% per year. And the median was -13.70% per year.

As of today (2025-07-08), Telecom Italia SpA's current stock price is MXN10.18. Telecom Italia SpA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was MXN0.66. Telecom Italia SpA's Cyclically Adjusted Price-to-FCF of today is 15.42.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Telecom Italia SpA was 31.26. The lowest was 4.16. And the median was 7.76.


Telecom Italia SpA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Telecom Italia SpA'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.

Telecom Italia SpA Cyclically Adjusted FCF per Share Chart

Telecom Italia SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.58 1.17 1.41 0.69 0.41

Telecom Italia SpA Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.90 0.91 0.82 0.41 0.66

Competitive Comparison of Telecom Italia SpA's Cyclically Adjusted FCF per Share

For the Telecom Services subindustry, Telecom Italia SpA'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.


Telecom Italia SpA's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

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

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


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Telecom Italia SpA 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, Telecom Italia SpA's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.277/122.5000*122.5000
=-0.277

Current CPI (Mar. 2025) = 122.5000.

Telecom Italia SpA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.425 100.279 0.519
201509 0.739 100.000 0.905
201512 -0.370 99.814 -0.454
201603 -0.120 99.600 -0.148
201606 0.153 99.900 0.188
201609 0.907 100.100 1.110
201612 0.230 100.300 0.281
201703 -0.091 101.000 -0.110
201706 0.424 101.100 0.514
201709 -1.178 101.200 -1.426
201712 0.971 101.200 1.175
201803 -0.376 101.800 -0.452
201806 0.738 102.400 0.883
201809 -0.003 102.600 -0.004
201812 -0.275 102.300 -0.329
201903 0.320 102.800 0.381
201906 0.726 103.100 0.863
201909 0.642 102.900 0.764
201912 -0.622 102.800 -0.741
202003 1.484 102.900 1.767
202006 1.047 102.900 1.246
202009 0.597 102.300 0.715
202012 -0.785 102.600 -0.937
202103 0.444 103.700 0.524
202106 -0.592 104.200 -0.696
202109 -0.021 104.900 -0.025
202112 -0.881 106.600 -1.012
202203 -0.116 110.400 -0.129
202206 0.016 112.500 0.017
202209 -1.595 114.200 -1.711
202212 0.376 119.000 0.387
202303 -0.269 118.800 -0.277
202306 0.318 119.700 0.325
202309 0.332 120.300 0.338
202312 0.186 119.700 0.190
202403 -0.637 120.200 -0.649
202406 1.154 120.700 1.171
202409 -0.054 121.200 -0.055
202412 -0.040 121.200 -0.040
202503 -0.277 122.500 -0.277

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


Telecom Italia SpA  (MEX:TIT N) 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.

Telecom Italia SpA's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.18/0.66
=15.42

* 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 Telecom Italia SpA was 31.26. The lowest was 4.16. And the median was 7.76.


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.


Telecom Italia SpA Cyclically Adjusted FCF per Share Related Terms

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


Telecom Italia SpA Business Description

Address
Via di Val Cannuta, No. 182, Roma, ITA, 00166
Telecom Italia is the incumbent telecommunications operator in Italy, with 25% share in the Italian mobile market and 35% share in broadband. In the mobile market, it competes with Vodafone, Wind Tre, and Iliad. After the sale of its fixed network to KKR for EUR 18.8 billion, TIM has become a pure service provider. TIM Brazil is significantly smaller than peers Telefonica and America Movil, with 20% wireless market share.

Telecom Italia SpA Headlines

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