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Television Francaise 1 (XPAR:TFI) Cyclically Adjusted FCF per Share : €0.82 (As of Mar. 2024)


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What is Television Francaise 1 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.

Television Francaise 1's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.272. 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 €0.82 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Television Francaise 1's average Cyclically Adjusted FCF Growth Rate was 15.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 17.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.60% 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 Television Francaise 1 was 17.40% per year. The lowest was 4.80% per year. And the median was 6.50% per year.

As of today (2024-06-05), Television Francaise 1's current stock price is €8.775. Television Francaise 1's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.82. Television Francaise 1's Cyclically Adjusted Price-to-FCF of today is 10.70.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Television Francaise 1 was 20.13. The lowest was 7.83. And the median was 12.88.


Television Francaise 1 Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Television Francaise 1'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.

Television Francaise 1 Cyclically Adjusted FCF per Share Chart

Television Francaise 1 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 0.53 0.50 0.61 0.64 0.81

Television Francaise 1 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 0.71 0.72 0.73 0.81 0.82

Competitive Comparison of Television Francaise 1's Cyclically Adjusted FCF per Share

For the Broadcasting subindustry, Television Francaise 1'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.


Television Francaise 1's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Television Francaise 1's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Television Francaise 1's Cyclically Adjusted Price-to-FCF falls into.



Television Francaise 1 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, Television Francaise 1'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)
=0.272/119.4700*119.4700
=0.272

Current CPI (Mar. 2024) = 119.4700.

Television Francaise 1 Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.018 100.180 -0.021
201409 0.067 99.920 0.080
201412 0.106 99.860 0.127
201503 0.330 100.170 0.394
201506 0.244 100.440 0.290
201509 -0.138 99.950 -0.165
201512 -0.059 100.040 -0.070
201603 -0.186 100.020 -0.222
201606 -0.113 100.630 -0.134
201609 0.202 100.340 0.241
201612 0.205 100.650 0.243
201703 -0.006 101.170 -0.007
201706 0.407 101.320 0.480
201709 0.207 101.330 0.244
201712 -0.226 101.850 -0.265
201803 0.138 102.750 0.160
201806 0.022 103.370 0.025
201809 0.339 103.560 0.391
201812 0.294 103.470 0.339
201903 0.481 103.890 0.553
201906 0.133 104.580 0.152
201909 -0.082 104.500 -0.094
201912 0.150 104.980 0.171
202003 0.528 104.590 0.603
202006 0.096 104.790 0.109
202009 -0.192 104.550 -0.219
202012 0.501 104.960 0.570
202103 0.326 105.750 0.368
202106 0.230 106.340 0.258
202109 0.164 106.810 0.183
202112 0.748 107.850 0.829
202203 0.934 110.490 1.010
202206 -0.293 112.550 -0.311
202209 0.247 112.740 0.262
202212 -0.181 114.160 -0.189
202303 0.713 116.790 0.729
202306 0.075 117.650 0.076
202309 0.074 118.260 0.075
202312 0.692 118.390 0.698
202403 0.272 119.470 0.272

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


Television Francaise 1  (XPAR:TFI) 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.

Television Francaise 1's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8.775/0.82
=10.70

* 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 Television Francaise 1 was 20.13. The lowest was 7.83. And the median was 12.88.


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.


Television Francaise 1 Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Television Francaise 1's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Television Francaise 1 (XPAR:TFI) Business Description

Traded in Other Exchanges
Address
1, quai du Point du Jour, Boulogne-Billancourt, Paris, FRA, 92100
Television Francaise 1 SA is a television broadcasting company. The firm operates numerous television channels, including TF1, which is the company's flagship channel that broadcasts a variety of television programming. Additionally, the company controls other channels such as LCI, which focuses on news and current events, and Eurosport, the company's sports broadcasting segment. Television Francaise 1 SA is also involved in television and film production, publishing, as well as social media services. The company generates the vast majority of its revenue in France.

Television Francaise 1 (XPAR:TFI) Headlines

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