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Promotora de Informaciones (FRA:PZ41) Cyclically Adjusted Price-to-FCF : 6.62 (As of Apr. 30, 2024)


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What is Promotora de Informaciones Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Promotora de Informaciones's current share price is €0.331. Promotora de Informaciones's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was €0.05. Promotora de Informaciones's Cyclically Adjusted Price-to-FCF for today is 6.62.

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

FRA:PZ41' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.68   Med: 1.72   Max: 12.5
Current: 6.5

During the past years, Promotora de Informaciones's highest Cyclically Adjusted Price-to-FCF was 12.50. The lowest was 0.68. And the median was 1.72.

FRA:PZ41's Cyclically Adjusted Price-to-FCF is ranked better than
75.42% of 358 companies
in the Media - Diversified industry
Industry Median: 16.62 vs FRA:PZ41: 6.50

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.

Promotora de Informaciones's adjusted free cash flow per share data for the three months ended in Sep. 2023 was €0.022. 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 €0.05 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Promotora de Informaciones Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Promotora de Informaciones'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.

Promotora de Informaciones Cyclically Adjusted Price-to-FCF Chart

Promotora de Informaciones Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.35 1.66 1.09 1.77

Promotora de Informaciones Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.19 1.77 3.91 1.75 6.96

Competitive Comparison of Promotora de Informaciones's Cyclically Adjusted Price-to-FCF

For the Publishing subindustry, Promotora de Informaciones'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.


Promotora de Informaciones's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Promotora de Informaciones's Cyclically Adjusted Price-to-FCF falls into.



Promotora de Informaciones 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.

Promotora de Informaciones's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.331/0.05
=6.62

* 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.

Promotora de Informaciones's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Promotora de Informaciones's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.022/121.3426*121.3426
=0.022

Current CPI (Sep. 2023) = 121.3426.

Promotora de Informaciones Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -1.266 101.306 -1.516
201403 0.379 100.139 0.459
201406 -1.027 101.081 -1.233
201409 1.066 100.441 1.288
201412 0.046 100.251 0.056
201503 0.169 99.474 0.206
201506 -0.075 101.138 -0.090
201509 0.037 99.559 0.045
201512 0.468 100.268 0.566
201603 0.310 98.638 0.381
201606 -0.233 100.333 -0.282
201609 -0.081 99.737 -0.099
201612 0.587 101.842 0.699
201703 0.304 100.896 0.366
201706 -0.250 101.848 -0.298
201709 0.000 101.524 0.000
201712 0.000 102.975 0.000
201803 -0.022 102.122 -0.026
201806 -0.023 104.165 -0.027
201809 -0.025 103.818 -0.029
201812 -0.037 104.193 -0.043
201903 0.027 103.488 0.032
201906 -0.075 104.612 -0.087
201909 -0.024 103.905 -0.028
201912 -0.019 105.015 -0.022
202003 0.044 103.469 0.052
202006 -0.057 104.254 -0.066
202009 0.018 103.521 0.021
202012 0.008 104.456 0.009
202103 0.064 104.857 0.074
202106 -0.083 107.102 -0.094
202109 0.042 107.669 0.047
202112 0.023 111.298 0.025
202203 -0.011 115.153 -0.012
202206 0.032 118.044 0.033
202209 0.024 117.221 0.025
202212 0.030 117.650 0.031
202303 0.060 118.948 0.061
202306 -0.047 120.278 -0.047
202309 0.022 121.343 0.022

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.


Promotora de Informaciones  (FRA:PZ41) 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.


Promotora de Informaciones Cyclically Adjusted Price-to-FCF Related Terms

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


Promotora de Informaciones (FRA:PZ41) Business Description

Traded in Other Exchanges
Address
Gran Via, 32, Madrid, ESP, 28013
Promotora de Informaciones SA operates under the commercial name 'Prisa' which is a multimedia group in Spain and Portugal. The business is operated through various segment which includes Education, Radio, Press, and others. Its Education segment includes primarily the sale of educational books and the services and materials related to the education systems. Geographically, it operates in Spain, Portugal, Chile, Brazil, Mexico, and other countries out of which Spain accounts for most of the revenue for the company.

Promotora de Informaciones (FRA:PZ41) Headlines

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