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Prime Focus London (LSE:PFO) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is Prime Focus London Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Prime Focus London Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Prime Focus London'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.

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Prime Focus London Cyclically Adjusted Price-to-FCF Chart

Prime Focus London Annual Data
Trend Aug03 Aug04 Aug05 Aug06 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13
Cyclically Adjusted Price-to-FCF
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Prime Focus London Semi-Annual Data
Feb03 Aug03 Feb04 Aug04 Feb05 Aug05 Feb06 Aug06 Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13
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Competitive Comparison of Prime Focus London's Cyclically Adjusted Price-to-FCF

For the Broadcasting subindustry, Prime Focus London'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.


Prime Focus London's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Prime Focus London's Cyclically Adjusted Price-to-FCF falls into.



Prime Focus London 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.

Prime Focus London's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar13 is calculated as:

For example, Prime Focus London's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar13 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar13 (Change)*Current CPI (Mar13)
=-0.067/97.8000*97.8000
=-0.067

Current CPI (Mar13) = 97.8000.

Prime Focus London Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200308 0.253 76.800 0.322
200408 0.224 77.900 0.281
200508 0.220 79.700 0.270
200608 -0.084 81.800 -0.100
200803 -0.055 84.900 -0.063
200903 0.038 87.300 0.043
201003 -0.010 89.400 -0.011
201103 -0.286 92.600 -0.302
201203 -0.294 95.400 -0.301
201303 -0.067 97.800 -0.067

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.


Prime Focus London  (LSE:PFO) 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.


Prime Focus London Cyclically Adjusted Price-to-FCF Related Terms

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Prime Focus London (LSE:PFO) Business Description

Traded in Other Exchanges
N/A
Address
Prime Focus London PLC is incorporated and domiciled in England. The company and its subsidiaries are technology based service providers to the media and entertainment industry. It is a part of Prime Focus, providing services to the Film, Broadcast, Commercials, Internet and Media industries. It offers end-to-end solution, from pre-production to final delivery including video and audio post-production, production services and on-set supervision, Digital Intermediate, versioning and adaptation, visual effects and animation.

Prime Focus London (LSE:PFO) Headlines