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JHPSY (Johnston Press) Cyclically Adjusted Price-to-FCF : (As of Sep. 25, 2024)


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What is Johnston Press Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Johnston Press Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Johnston Press'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.

Johnston Press Cyclically Adjusted Price-to-FCF Chart

Johnston Press Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted Price-to-FCF
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Johnston Press Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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Competitive Comparison of Johnston Press's Cyclically Adjusted Price-to-FCF

For the Publishing subindustry, Johnston Press'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.


Johnston Press's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

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



Johnston Press 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.

Johnston Press's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec17 is calculated as:

For example, Johnston Press's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec17 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec17 (Change)*Current CPI (Dec17)
=0.366/105.0000*105.0000
=0.366

Current CPI (Dec17) = 105.0000.

Johnston Press Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200812 14.065 87.100 16.956
200912 10.491 88.900 12.391
201012 5.916 91.700 6.774
201112 11.863 95.000 13.112
201212 13.149 97.300 14.190
201312 1.530 99.200 1.619
201412 -0.002 99.900 -0.002
201512 2.287 100.400 2.392
201612 -0.690 102.200 -0.709
201712 0.366 105.000 0.366

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.


Johnston Press  (OTCPK:JHPSY) 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.


Johnston Press Cyclically Adjusted Price-to-FCF Related Terms

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Johnston Press Business Description

Traded in Other Exchanges
N/A
Address
30 Queensferry Road, Orchard Brae House, Edinburgh, GBR, EH4 2HS
Johnston Press PLC is engaged in the multimedia business. The company is one of the largest local and regional multimedia organizations primarily providing news and information services at local and regional level through various publications and websites in the UK. Its business is organized in two segments namely Publishing and Contract Printing. It also manages smartphone applications, websites, and distributes lifestyle magazines. Its brands include Ballymena and Antrim Times, Banbridge Leader, Banbury Guardian, Belper News, Carrick Times, Mid-Sussex Times, Sunday Journal, Isle of Man Examiner and Yorkshire Post. Johnston Press generates most of its revenues through its publishing business.

Johnston Press Headlines

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