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Paramount Global (Paramount Global) Cyclically Adjusted FCF per Share : $0.00 (As of Mar. 2024)


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What is Paramount Global Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Paramount Global's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.320. 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 $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Paramount Global's average Cyclically Adjusted FCF Growth Rate was -5.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -2.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 0.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 4.40% 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 Paramount Global was 37.30% per year. The lowest was -7.20% per year. And the median was 5.00% per year.

As of today (2024-04-30), Paramount Global's current stock price is $11.37. Paramount Global's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.00. Paramount Global's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Paramount Global was 27.74. The lowest was 3.13. And the median was 17.42.


Paramount Global Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Paramount Global'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.

Paramount Global Cyclically Adjusted FCF per Share Chart

Paramount Global 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 3.46 3.57 3.67 3.57 3.36

Paramount Global 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 3.45 3.38 3.42 3.36 -

Competitive Comparison of Paramount Global's Cyclically Adjusted FCF per Share

For the Entertainment subindustry, Paramount Global'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.


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

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

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



Paramount Global 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, Paramount Global'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)
=0.32/129.4194*129.4194
=0.320

Current CPI (Mar. 2024) = 129.4194.

Paramount Global Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.141 100.560 0.181
201409 -0.701 100.428 -0.903
201412 1.764 99.070 2.304
201503 0.791 99.621 1.028
201506 0.842 100.684 1.082
201509 -0.616 100.392 -0.794
201512 1.495 99.792 1.939
201603 2.142 100.470 2.759
201606 0.413 101.688 0.526
201609 0.029 101.861 0.037
201612 0.689 101.863 0.875
201703 1.663 102.862 2.092
201706 0.434 103.349 0.543
201709 0.012 104.136 0.015
201712 3.154 104.011 3.924
201803 1.780 105.290 2.188
201806 0.772 106.317 0.940
201809 0.264 106.507 0.321
201812 5.464 105.998 6.671
201903 1.397 107.251 1.686
201906 0.300 108.070 0.359
201909 0.634 108.329 0.757
201912 -0.896 108.420 -1.070
202003 0.495 108.902 0.588
202006 1.159 108.767 1.379
202009 2.160 109.815 2.546
202012 -0.620 109.897 -0.730
202103 2.632 111.754 3.048
202106 -0.012 114.631 -0.014
202109 -0.356 115.734 -0.398
202112 -1.195 117.630 -1.315
202203 0.530 121.301 0.565
202206 0.146 125.017 0.151
202209 -0.526 125.227 -0.544
202212 -0.365 125.222 -0.377
202303 -0.690 127.348 -0.701
202306 -0.141 128.729 -0.142
202309 0.551 129.860 0.549
202312 0.502 129.419 0.502
202403 0.320 129.419 0.320

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


Paramount Global  (NAS:PARA) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Paramount Global was 27.74. The lowest was 3.13. And the median was 17.42.


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.


Paramount Global Cyclically Adjusted FCF per Share Related Terms

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


Paramount Global (Paramount Global) Business Description

Address
1515 Broadway, New York, NY, USA, 10036
Paramount Global is the rebranded recombination of CBS and Viacom that has created a media conglomerate with global scale. CBS contributed Showtime in addition to its television assets--the CBS television network, 28 local TV stations, and 50% of CW, a joint venture between CBS and WarnerMedia. Viacom brought several leading cable network properties, including Nickelodeon, MTV, BET, Comedy Central, VH1, CMT, and Paramount. Paramount Pictures produces original motion pictures and owns a library of 2,500 films, including the Mission: Impossible and Transformers series. Paramount operates a number of streaming services, most notably Paramount+ and Pluto TV.
Executives
Dawn Ostroff director 3100 OCEAN PARK BOULEVARD, SANTA MONICA CA 91405
Sumner M. Redstone National Amusements Part B General Trust director, 10 percent owner 846 UNIVERSITY AVENUE, NORWORD MA 02062
National Amusements Inc /md/ director, 10 percent owner 846 UNIVERSITY AVENUE, NORWOOD MA 02062
Naveen K. Chopra officer: EVP, Chief Financial Officer C/O 2160 GOLD STREET, SAN JOSE CA 95002
Linda M Griego director SOUTHWEST WATER CO, 624 SO. GRAND, STE 2900, LOS ANGELES CA 90017
Phillips Jr Charles E director 113 WEST 88TH STREET, NEW YORK NY 10024
Shari Redstone director, officer: Vice Chair C/O CBS CORPORATION, 51 WEST 52ND STREET, NEW YORK NY 10019
Frederick Terrell director 17 STATE STREET, NEW YORK NY 10004
Nicole Seligman director C/O VIACOM INC., 1515 BROADWAY, NEW YORK NY 10036
Christina Spade officer: EVP, Chief Financial Officer 11 PENN PLAZA, NEW YORK NY 10001
Barbara M Byrne director C/O CBS CORPORATION, 51 WEST 52ND STREET, NEW YORK NY 10019
Christa A Dalimonte officer: EVP, General Counsel & Secy C/O VIACOM INC., 1515 BROADWAY, NEW YORK NY 10036
Ronald L Nelson director
Judith Mchale director C/O RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Robert M Bakish director, officer: President and CEO AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803