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Lumen Technologies (FRA:CYTH) Cyclically Adjusted Price-to-FCF : 2.06 (As of Jan. 18, 2025)


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What is Lumen Technologies Cyclically Adjusted Price-to-FCF?

As of today (2025-01-18), Lumen Technologies's current share price is €5.346. Lumen Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was €2.60. Lumen Technologies's Cyclically Adjusted Price-to-FCF for today is 2.06.

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

FRA:CYTH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.35   Med: 3.37   Max: 8.22
Current: 1.96

During the past years, Lumen Technologies's highest Cyclically Adjusted Price-to-FCF was 8.22. The lowest was 0.35. And the median was 3.37.

FRA:CYTH's Cyclically Adjusted Price-to-FCF is ranked better than
95.65% of 184 companies
in the Telecommunication Services industry
Industry Median: 13.035 vs FRA:CYTH: 1.96

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.

Lumen Technologies's adjusted free cash flow per share data for the three months ended in Sep. 2024 was €1.077. 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 €2.60 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lumen Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lumen Technologies'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.

Lumen Technologies Cyclically Adjusted Price-to-FCF Chart

Lumen Technologies 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 3.43 2.64 3.27 1.45 0.59

Lumen Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.45 0.59 0.52 0.38 2.46

Competitive Comparison of Lumen Technologies's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Lumen Technologies'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.


Lumen Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

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

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



Lumen Technologies 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.

Lumen Technologies's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.346/2.6
=2.06

* 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.

Lumen Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Lumen Technologies'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)
=1.077/133.0289*133.0289
=1.077

Current CPI (Sep. 2024) = 133.0289.

Lumen Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.453 99.070 0.608
201503 1.181 99.621 1.577
201506 0.779 100.684 1.029
201509 1.136 100.392 1.505
201512 0.616 99.792 0.821
201603 1.350 100.470 1.787
201606 0.865 101.688 1.132
201609 0.272 101.861 0.355
201612 0.219 101.863 0.286
201703 0.478 102.862 0.618
201706 -0.238 103.349 -0.306
201709 0.317 104.136 0.405
201712 0.413 104.011 0.528
201803 0.654 105.290 0.826
201806 0.650 106.317 0.813
201809 0.881 106.507 1.100
201812 0.890 105.998 1.117
201903 0.208 107.251 0.258
201906 0.743 108.070 0.915
201909 0.787 108.329 0.966
201912 0.813 108.420 0.998
202003 0.272 108.902 0.332
202006 0.607 108.767 0.742
202009 0.630 109.815 0.763
202012 0.703 109.897 0.851
202103 0.623 111.754 0.742
202106 0.754 114.631 0.875
202109 0.827 115.734 0.951
202112 0.661 117.630 0.748
202203 0.714 121.301 0.783
202206 0.591 125.017 0.629
202209 0.276 125.227 0.293
202212 0.008 125.222 0.008
202303 -0.043 127.348 -0.045
202306 -0.841 128.729 -0.869
202309 0.036 129.860 0.037
202312 -0.034 129.419 -0.035
202403 0.363 131.776 0.366
202406 -0.228 132.554 -0.229
202409 1.077 133.029 1.077

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.


Lumen Technologies  (FRA:CYTH) 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.


Lumen Technologies Cyclically Adjusted Price-to-FCF Related Terms

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


Lumen Technologies Business Description

Address
100 CenturyLink Drive, Monroe, LA, USA, 71203
With 450,000 route miles of fiber, Lumen Technologies is one of the United States' largest telecommunications carriers serving global enterprises. Its merger with Level 3 in 2017 and divestiture of much of its incumbent local exchange carrier, or ILEC, business in 2022 has shifted the company's operations away from its legacy consumer business and toward enterprises (now about 75% of revenue). Lumen offers businesses a full menu of communications services, providing colocation and data center services, data transportation, and end-user phone and internet service. On the consumer side, Lumen provides broadband and phone service across 37 states, where it has 4.5 million broadband customers.