RCI (Rogers Communications) Cyclically Adjusted FCF per Share: $2.57 (As of Jun. 2026)

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RCI Rogers Communications Inc RCI
79 GF Score
Price $33.85
GF Value $39.43
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Rogers Communications Cyclically Adjusted FCF per Share?

Rogers Communications RCI -0.67% 79 Cyclically Adjusted FCF per Share is $2.57 as of Jun. 2026. GuruFocus rates RCI with a GF Score™ of 79/100 and a GF Value™ of $39.43 (Modestly Undervalued). The stock has 6 warning signs investors should review.

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.

Rogers Communications's adjusted free cash flow per share for the three months ended in Jun. 2026 was $1.028. 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 $2.57 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Rogers Communications's average Cyclically Adjusted FCF Growth Rate was 5.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 4.00% 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 Rogers Communications was 120.30% per year. The lowest was 1.20% per year. And the median was 10.20% per year.

As of today (2026-07-31), Rogers Communications's current stock price is $33.85. Rogers Communications's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was $2.57. Rogers Communications's Cyclically Adjusted Price-to-FCF of today is 13.17.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Rogers Communications was 26.80. The lowest was 9.88. And the median was 19.71.


Rogers Communications  (NYSE:RCI) 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.

Rogers Communications's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=33.85/2.57
=13.17

* 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 Rogers Communications was 26.80. The lowest was 9.88. And the median was 19.71.


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.


Rogers Communications Cyclically Adjusted FCF per Share Related Terms


Rogers Communications Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Rogers Communications'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.

Rogers Communications Cyclically Adjusted FCF per Share Chart

Rogers Communications Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.46 2.45 2.40 2.27 2.50

Rogers Communications Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.55 2.42 2.50 2.57 2.57

RCI vs VZ, TMUS, T: Cyclically Adjusted FCF per Share Comparison

For the Telecom Services subindustry, Rogers Communications'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.


Rogers Communications Cyclically Adjusted Price-to-FCF vs Telecommunication Services Industry

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

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


RCI
79GF Score
Rogers Communications Inc RCI
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rogers Communications 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, Rogers Communications's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.028/134.0005*134.0005
=1.028

Current CPI (Jun. 2026) = 134.0005.

Rogers Communications Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.910 101.765 1.198
201612 0.647 101.449 0.855
201703 0.139 102.634 0.181
201706 0.515 103.029 0.670
201709 1.127 103.345 1.461
201712 0.426 103.345 0.552
201803 0.411 105.004 0.524
201806 0.568 105.557 0.721
201809 0.874 105.636 1.109
201812 0.285 105.399 0.362
201903 0.542 106.979 0.679
201906 0.451 107.690 0.561
201909 0.932 107.611 1.161
201912 0.512 107.769 0.637
202003 0.497 107.927 0.617
202006 1.259 108.401 1.556
202009 0.686 108.164 0.850
202012 0.430 108.559 0.531
202103 0.288 110.298 0.350
202106 0.463 111.720 0.555
202109 0.877 112.905 1.041
202112 0.445 113.774 0.524
202203 0.237 117.646 0.270
202206 0.818 120.806 0.907
202209 0.484 120.648 0.538
202212 0.525 120.964 0.582
202303 -0.669 122.702 -0.731
202306 0.773 124.203 0.834
202309 1.002 125.230 1.072
202312 0.433 125.072 0.464
202403 0.151 126.258 0.160
202406 0.633 127.522 0.665
202409 1.216 127.285 1.280
202412 0.069 127.364 0.073
202503 0.380 129.181 0.394
202506 1.002 129.892 1.034
202509 0.707 130.287 0.727
202512 0.701 130.366 0.721
202603 0.791 132.262 0.801
202606 1.028 134.001 1.028

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

What does a Cyclically Adjusted FCF per Share of $2.57 mean?
Rogers Communications (RCI) has a Cyclically Adjusted FCF per Share of $2.57 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Rogers Communications and its competitors.
Is Rogers Communications' Cyclically Adjusted FCF per Share too high?
Rogers Communications' current Cyclically Adjusted FCF per Share is $2.57. Overall, Rogers Communications has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rogers Communications' Cyclically Adjusted FCF per Share compare to VZ and TMUS?
Rogers Communications' Cyclically Adjusted FCF per Share of $2.57 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Telecommunication Services company?
A good Cyclically Adjusted FCF per Share depends on the Telecommunication Services industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Rogers Communications and its competitors. Rogers Communications's current Cyclically Adjusted FCF per Share is $2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rogers Communications stock overvalued right now?
Based on GuruFocus' analysis, Rogers Communications (RCI) is currently considered Modestly Undervalued. The stock's GF Value™ is $39.43, compared to a current price of $33.85 — trading 14.2% below its estimated fair value. The current Cyclically Adjusted FCF per Share is $2.57. Rogers Communications' overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Rogers Communications (RCI), the current Cyclically Adjusted FCF per Share is $2.57 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Rogers Communications (RCI) Overvalued in 2026?

Based on GuruFocus' analysis, Rogers Communications stock appears to be undervalued. The current stock price of $33.85 is trading 14.2% below its estimated GF Value™ of $39.43. GuruFocus considers Rogers Communications to be Modestly Undervalued.

Key valuation signals for RCI:

  • Cyclically Adjusted FCF per Share: $2.57
  • GF Value™: $39.43 vs. price of $33.85 (14.2% below fair value)
  • GF Score™: 79/100 with 6 warning signs

No single metric tells the full story. See the RCI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rogers Communications Business Description

Address 333 Bloor Street East, 10th Floor, Toronto, ON, CAN, M4W 1G9
Rogers Communications is the largest wireless service provider in Canada with more than 11 million subscribers, equating to one-third of the total Canadian market. Rogers' wireless business accounts for more than half of total revenue and has been growing at a higher rate than other segments. The cable segment, which provides about 38% of total revenue after acquiring Shaw, offers home internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers' media unit, which owns and operates various television and radio stations and major Toronto sports franchises, including the Blue Jays, Maple Leafs, Raptors, Toronto FC, and Argonauts.
79GF Score

Get the complete analysis for RCI

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$33.85
Price
$39.43
GF Value