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Deutsche Telekom AG (XPRA:DTE) Cyclically Adjusted FCF per Share : Kč40.85 (As of Sep. 2024)


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What is Deutsche Telekom AG 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.

Deutsche Telekom AG's adjusted free cash flow per share for the three months ended in Sep. 2024 was Kč25.540. 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 Kč40.85 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Deutsche Telekom AG's average Cyclically Adjusted FCF Growth Rate was 33.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 16.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -2.20% 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 Deutsche Telekom AG was 16.60% per year. The lowest was -10.50% per year. And the median was -1.60% per year.

As of today (2024-12-12), Deutsche Telekom AG's current stock price is Kč752.10. Deutsche Telekom AG's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was Kč40.85. Deutsche Telekom AG's Cyclically Adjusted Price-to-FCF of today is 18.41.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Deutsche Telekom AG was 24.16. The lowest was 10.91. And the median was 17.31.


Deutsche Telekom AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Deutsche Telekom AG'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.

Deutsche Telekom AG Cyclically Adjusted FCF per Share Chart

Deutsche Telekom AG 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 22.16 21.35 19.26 22.92 32.26

Deutsche Telekom AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 29.39 32.26 34.78 38.16 40.85

Competitive Comparison of Deutsche Telekom AG's Cyclically Adjusted FCF per Share

For the Telecom Services subindustry, Deutsche Telekom AG'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.


Deutsche Telekom AG's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

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

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



Deutsche Telekom AG 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, Deutsche Telekom AG's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=25.54/126.1978*126.1978
=25.540

Current CPI (Sep. 2024) = 126.1978.

Deutsche Telekom AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 3.414 99.543 4.328
201503 -6.790 99.717 -8.593
201506 -2.773 100.417 -3.485
201509 6.757 100.417 8.492
201512 4.908 99.717 6.211
201603 -2.366 100.017 -2.985
201606 7.234 100.717 9.064
201609 3.939 101.017 4.921
201612 2.284 101.217 2.848
201703 6.244 101.417 7.770
201706 -33.974 102.117 -41.986
201709 9.935 102.717 12.206
201712 4.744 102.617 5.834
201803 6.208 102.917 7.612
201806 7.053 104.017 8.557
201809 9.375 104.718 11.298
201812 6.886 104.217 8.338
201903 11.811 104.217 14.302
201906 7.555 105.718 9.019
201909 14.983 106.018 17.835
201912 12.870 105.818 15.349
202003 2.184 105.718 2.607
202006 3.377 106.618 3.997
202009 14.503 105.818 17.296
202012 8.233 105.518 9.847
202103 -21.896 107.518 -25.700
202106 20.168 108.486 23.461
202109 24.139 109.435 27.837
202112 7.362 110.384 8.417
202203 10.991 113.968 12.170
202206 17.587 115.760 19.173
202209 16.667 118.818 17.702
202212 12.748 119.345 13.480
202303 22.534 122.402 23.233
202306 22.356 123.140 22.911
202309 26.575 124.195 27.004
202312 22.498 123.773 22.939
202403 24.920 125.038 25.151
202406 32.168 125.882 32.249
202409 25.540 126.198 25.540

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


Deutsche Telekom AG  (XPRA:DTE) 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.

Deutsche Telekom AG's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=752.10/40.85
=18.41

* 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 Deutsche Telekom AG was 24.16. The lowest was 10.91. And the median was 17.31.


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.


Deutsche Telekom AG Cyclically Adjusted FCF per Share Related Terms

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


Deutsche Telekom AG Business Description

Address
Friedrich-Ebert-Allee 140, Bonn, DEU, 53113
Deutsche Telekom is the incumbent telecom operator in Germany and remains the dominant player in both mobile and fixed markets. It also owns a controlling stake in T-Mobile US—one of three primary wireless carriers in the United States—which merged with Sprint in 2020, consolidating the market from four to three operators. Aside from its two core markets, Deutsche Telekom also has operations in several Central European countries and holds an IT arm (Systems Solutions).