Rogers Communications (STU:RCIB) Cyclically Adjusted FCF per Share: €2.22 (As of Mar. 2026)


STU:RCIB Rogers Communications Inc STU:RCIB
87 GF Score
Price €28.83
GF Value €34.46
! 5 Warning Signs
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What is Rogers Communications Cyclically Adjusted FCF per Share?

Rogers Communications STU:RCIB +0.70% 87 Cyclically Adjusted FCF per Share is €2.22 as of Mar. 2026. GuruFocus rates STU:RCIB with a GF Score™ of 87/100 and a GF Value™ of €34.46. The stock has 5 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 Mar. 2026 was €0.684. 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 €2.22 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Rogers Communications's average Cyclically Adjusted FCF Growth Rate was 3.80% 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 (2026-07-12), Rogers Communications's current stock price is €28.83. Rogers Communications's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €2.22. Rogers Communications's Cyclically Adjusted Price-to-FCF of today is 12.99.

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 19.74.


Rogers Communications  (STU:RCIB) 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
=28.83/2.22
=12.99

* 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 19.74.


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 2.14 2.16 1.94 2.80 2.50

Rogers Communications Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.38 3.25 2.65 2.50 2.22

STU:RCIB vs TMUS, VZ, 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.


STU:RCIB
87GF Score
Rogers Communications Inc STU:RCIB
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 Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.684/132.2623*132.2623
=0.684

Current CPI (Mar. 2026) = 132.2623.

Rogers Communications Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.614 102.002 0.796
201609 0.811 101.765 1.054
201612 0.613 101.449 0.799
201703 0.130 102.634 0.168
201706 0.458 103.029 0.588
201709 0.945 103.345 1.209
201712 0.360 103.345 0.461
201803 0.333 105.004 0.419
201806 0.487 105.557 0.610
201809 0.749 105.636 0.938
201812 0.250 105.399 0.314
201903 0.480 106.979 0.593
201906 0.399 107.690 0.490
201909 0.846 107.611 1.040
201912 0.461 107.769 0.566
202003 0.450 107.927 0.551
202006 1.118 108.401 1.364
202009 0.582 108.164 0.712
202012 0.354 108.559 0.431
202103 0.242 110.298 0.290
202106 0.384 111.720 0.455
202109 0.745 112.905 0.873
202112 0.394 113.774 0.458
202203 0.215 117.646 0.242
202206 0.774 120.806 0.847
202209 0.489 120.648 0.536
202212 0.496 120.964 0.542
202303 -0.625 122.702 -0.674
202306 0.713 124.203 0.759
202309 0.939 125.230 0.992
202312 0.397 125.072 0.420
202403 0.139 126.258 0.146
202406 0.588 127.522 0.610
202409 1.096 127.285 1.139
202412 0.066 127.364 0.069
202503 0.351 129.181 0.359
202506 0.869 129.892 0.885
202509 0.602 130.287 0.611
202512 0.599 130.366 0.608
202603 0.684 132.262 0.684

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 €2.22 mean?
Rogers Communications (STU:RCIB) has a Cyclically Adjusted FCF per Share of €2.22 as of Mar. 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 €2.22. Overall, Rogers Communications has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Rogers Communications' Cyclically Adjusted FCF per Share compare to TMUS and VZ?
Rogers Communications' Cyclically Adjusted FCF per Share of €2.22 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 €2.22. 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?
Rogers Communications (STU:RCIB) has a current Cyclically Adjusted FCF per Share of €2.22. The stock's GF Value™ is €34.46, compared to a current price of €28.83 — trading 16.3% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €2.22. Rogers Communications' overall GF Score™ is 87/100 with 5 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 (STU:RCIB), the current Cyclically Adjusted FCF per Share is €2.22 as of Mar. 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 (STU:RCIB) Overvalued in 2026?

Based on GuruFocus' analysis, Rogers Communications stock appears to be undervalued. The current stock price of €28.83 is trading 16.3% below its estimated GF Value™ of €34.46.

Key valuation signals for STU:RCIB:

  • Cyclically Adjusted FCF per Share: €2.22
  • GF Value™: €34.46 vs. price of €28.83 (16.3% below fair value)
  • GF Score™: 87/100 with 5 warning signs

No single metric tells the full story. See the STU:RCIB 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.
87GF Score

Get the complete analysis for STU:RCIB

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

€28.83
Price
€34.46
GF Value