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Corus Entertainment (STU:9CO) Cyclically Adjusted FCF per Share : €0.99 (As of Feb. 2024)


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What is Corus Entertainment 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.

Corus Entertainment's adjusted free cash flow per share for the three months ended in Feb. 2024 was €0.109. 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 €0.99 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Corus Entertainment's average Cyclically Adjusted FCF Growth Rate was -11.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -0.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 1.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 3.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Corus Entertainment was 25.00% per year. The lowest was -0.80% per year. And the median was 5.25% per year.

As of today (2024-05-25), Corus Entertainment's current stock price is €0.316. Corus Entertainment's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was €0.99. Corus Entertainment's Cyclically Adjusted Price-to-FCF of today is 0.32.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Corus Entertainment was 26.65. The lowest was 0.34. And the median was 3.71.


Corus Entertainment Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Corus Entertainment'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.

Corus Entertainment Cyclically Adjusted FCF per Share Chart

Corus Entertainment Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 1.07 1.12 1.30 1.10

Corus Entertainment Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.15 1.23 1.10 0.76 0.99

Competitive Comparison of Corus Entertainment's Cyclically Adjusted FCF per Share

For the Entertainment subindustry, Corus Entertainment'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.


Corus Entertainment's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

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



Corus Entertainment 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, Corus Entertainment's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.109/125.4675*125.4675
=0.109

Current CPI (Feb. 2024) = 125.4675.

Corus Entertainment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.452 99.394 0.571
201408 -0.041 99.315 -0.052
201411 0.156 99.078 0.198
201502 0.355 99.078 0.450
201505 0.520 100.263 0.651
201508 0.355 100.579 0.443
201511 0.251 100.421 0.314
201602 0.136 100.421 0.170
201605 0.242 101.765 0.298
201608 0.187 101.686 0.231
201611 0.047 101.607 0.058
201702 0.340 102.476 0.416
201705 0.270 103.108 0.329
201708 0.241 103.108 0.293
201711 0.268 103.740 0.324
201802 0.249 104.688 0.298
201805 0.274 105.399 0.326
201808 0.297 106.031 0.351
201811 0.133 105.478 0.158
201902 0.254 106.268 0.300
201905 0.282 107.927 0.328
201908 0.299 108.085 0.347
201911 0.168 107.769 0.196
202002 0.209 108.559 0.242
202005 0.283 107.532 0.330
202008 0.267 108.243 0.309
202011 0.192 108.796 0.221
202102 0.278 109.745 0.318
202105 0.210 111.404 0.237
202108 0.093 112.668 0.104
202111 0.121 113.932 0.133
202202 0.292 115.986 0.316
202205 0.096 120.016 0.100
202208 0.168 120.569 0.175
202211 0.076 121.675 0.078
202302 0.098 122.070 0.101
202305 0.087 124.045 0.088
202308 0.108 125.389 0.108
202311 0.075 125.468 0.075
202402 0.109 125.468 0.109

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


Corus Entertainment  (STU:9CO) 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.

Corus Entertainment's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.316/0.99
=0.32

* 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 Corus Entertainment was 26.65. The lowest was 0.34. And the median was 3.71.


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.


Corus Entertainment Cyclically Adjusted FCF per Share Related Terms

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


Corus Entertainment (STU:9CO) Business Description

Traded in Other Exchanges
Address
25 Dockside Drive, Corus Quay, Toronto, ON, CAN, M5A 0B5
Corus Entertainment Inc is a media and content company that operates in the diversified media industry. The company has two business segments, which includes television, and radio. The television business segment has a portfolio of television channels. The radio business segment controls a number of stations that cater to the music, news, and talk radio markets. Television segment is the key revenue driver for the group. The company generates the vast majority of its revenue in Canada.

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