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Cineverse (STU:IQ50) Cyclically Adjusted FCF per Share : €108.47 (As of Dec. 2023)


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What is Cineverse 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.

Cineverse's adjusted free cash flow per share for the three months ended in Dec. 2023 was €-0.232. 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 €108.47 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Cineverse's average Cyclically Adjusted FCF Growth Rate was -24.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -4.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -0.50% 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 Cineverse was 46.80% per year. The lowest was -4.50% per year. And the median was 6.00% per year.

As of today (2024-05-16), Cineverse's current stock price is €4.50. Cineverse's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €108.47. Cineverse's Cyclically Adjusted Price-to-FCF of today is 0.04.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Cineverse was 1.85. The lowest was 0.03. And the median was 0.33.


Cineverse Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Cineverse'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.

Cineverse Cyclically Adjusted FCF per Share Chart

Cineverse Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 51.48 45.39 37.78

Cineverse Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 37.94 37.78 89.76 135.17 108.47

Competitive Comparison of Cineverse's Cyclically Adjusted FCF per Share

For the Entertainment subindustry, Cineverse'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.


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

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

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



Cineverse 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, Cineverse's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.232/129.4194*129.4194
=-0.232

Current CPI (Dec. 2023) = 129.4194.

Cineverse Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 33.555 99.695 43.560
201406 3.086 100.560 3.972
201409 -1.091 100.428 -1.406
201412 17.685 99.070 23.103
201503 -6.395 99.621 -8.308
201506 4.027 100.684 5.176
201509 5.785 100.392 7.458
201512 29.123 99.792 37.769
201603 29.062 100.470 37.436
201606 17.743 101.688 22.582
201609 17.246 101.861 21.912
201612 24.098 101.863 30.617
201703 13.106 102.862 16.490
201706 7.170 103.349 8.979
201709 20.831 104.136 25.889
201712 -3.770 104.011 -4.691
201803 3.669 105.290 4.510
201806 2.328 106.317 2.834
201809 -2.010 106.507 -2.442
201812 2.059 105.998 2.514
201903 1.832 107.251 2.211
201906 1.736 108.070 2.079
201909 -0.095 108.329 -0.113
201912 0.645 108.420 0.770
202003 0.823 108.902 0.978
202006 -0.718 108.767 -0.854
202009 -1.344 109.815 -1.584
202012 -0.597 109.897 -0.703
202103 -0.484 111.754 -0.561
202106 0.347 114.631 0.392
202109 0.575 115.734 0.643
202112 -0.493 117.630 -0.542
202203 -0.022 121.301 -0.023
202206 -0.144 125.017 -0.149
202209 -0.595 125.227 -0.615
202212 -0.187 125.222 -0.193
202303 -0.180 127.348 -0.183
202306 -0.330 128.729 -0.332
202309 -0.239 129.860 -0.238
202312 -0.232 129.419 -0.232

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


Cineverse  (STU:IQ50) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.50/108.47
=0.04

* 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 Cineverse was 1.85. The lowest was 0.03. And the median was 0.33.


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.


Cineverse Cyclically Adjusted FCF per Share Related Terms

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


Cineverse (STU:IQ50) Business Description

Traded in Other Exchanges
Address
244 Fifth Avenue, Suite M289, New York, NY, USA, 10001
Cineverse Corp is a streaming technology and entertainment company. It operates portfolios of owned and operated streaming channels, all powered by its, proprietary technology platform. Cineverse currently features enthusiast brands for subscription video on demand (SVOD), advertising-based video on demand (AVOD), and free, ad-supported streaming television (FAST) channels. The company mainly operates through two segments, Content & Entertainment, and Cinema Equipment, from which Content & Entertainment derives the majority of its revenues.

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