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Outfront Media (FRA:76C) Cyclically Adjusted Price-to-FCF : 10.57 (As of Jun. 14, 2024)


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What is Outfront Media Cyclically Adjusted Price-to-FCF?

As of today (2024-06-14), Outfront Media's current share price is €12.90. Outfront Media's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.22. Outfront Media's Cyclically Adjusted Price-to-FCF for today is 10.57.

The historical rank and industry rank for Outfront Media's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:76C' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.29   Med: 11.83   Max: 19.52
Current: 10.75

During the past years, Outfront Media's highest Cyclically Adjusted Price-to-FCF was 19.52. The lowest was 6.29. And the median was 11.83.

FRA:76C's Cyclically Adjusted Price-to-FCF is ranked better than
53.21% of 389 companies
in the REITs industry
Industry Median: 11.36 vs FRA:76C: 10.75

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.

Outfront Media's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.068. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €1.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Outfront Media Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Outfront Media's Cyclically Adjusted Price-to-FCF 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.

Outfront Media Cyclically Adjusted Price-to-FCF Chart

Outfront Media Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 18.29 12.02 10.85

Outfront Media Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 11.67 11.35 7.58 10.85 12.64

Competitive Comparison of Outfront Media's Cyclically Adjusted Price-to-FCF

For the REIT - Specialty subindustry, Outfront Media'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.


Outfront Media's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Outfront Media's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Outfront Media Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Outfront Media's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.90/1.22
=10.57

* 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.

Outfront Media's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Outfront Media'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)
=0.068/131.7762*131.7762
=0.068

Current CPI (Mar. 2024) = 131.7762.

Outfront Media Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.329 100.560 0.431
201409 0.612 100.428 0.803
201412 0.387 99.070 0.515
201503 -0.049 99.621 -0.065
201506 0.347 100.684 0.454
201509 0.562 100.392 0.738
201512 0.672 99.792 0.887
201603 0.127 100.470 0.167
201606 0.356 101.688 0.461
201609 0.517 101.861 0.669
201612 0.497 101.863 0.643
201703 0.105 102.862 0.135
201706 0.136 103.349 0.173
201709 0.519 104.136 0.657
201712 0.327 104.011 0.414
201803 0.256 105.290 0.320
201806 -0.173 106.317 -0.214
201809 0.304 106.507 0.376
201812 0.331 105.998 0.411
201903 0.112 107.251 0.138
201906 0.095 108.070 0.116
201909 0.293 108.329 0.356
201912 0.517 108.420 0.628
202003 -0.038 108.902 -0.046
202006 0.108 108.767 0.131
202009 0.106 109.815 0.127
202012 0.136 109.897 0.163
202103 -0.142 111.754 -0.167
202106 0.014 114.631 0.016
202109 0.080 115.734 0.091
202112 0.100 117.630 0.112
202203 0.009 121.301 0.010
202206 0.303 125.017 0.319
202209 0.290 125.227 0.305
202212 0.321 125.222 0.338
202303 -0.076 127.348 -0.079
202306 0.314 128.729 0.321
202309 0.243 129.860 0.247
202312 0.455 129.419 0.463
202403 0.068 131.776 0.068

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


Outfront Media  (FRA:76C) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Outfront Media Cyclically Adjusted Price-to-FCF Related Terms

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


Outfront Media (FRA:76C) Business Description

Industry
Traded in Other Exchanges
Address
405 Lexington Avenue, 17th Floor, New York, NY, USA, 10174
Outfront Media Inc is a real estate investment trust involved in the ownership of advertising space on its portfolio of billboards and transit displays. The Company generates revenue in the form of rental income by allowing other companies to advertise on its properties and structures under short-term contracts. Outfront Media segments its operations into the United States and International units. Although it also owns assets in Canada and Latin America, the company derives the vast majority of its revenue from billboard advertising agreements in the U.S. Roughly half of the U.S. division's revenue comes from its displays in the New York City and Los Angeles markets. Outfront Media's major customers include entities within the retail, television, healthcare, and entertainment industries.

Outfront Media (FRA:76C) Headlines

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