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Telecom Italia Media SPA (LTS:0QTU) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Telecom Italia Media SPA Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Telecom Italia Media SPA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Telecom Italia Media SPA'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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Telecom Italia Media SPA Cyclically Adjusted Price-to-FCF Chart

Telecom Italia Media SPA Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted Price-to-FCF
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Telecom Italia Media SPA Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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Competitive Comparison of Telecom Italia Media SPA's Cyclically Adjusted Price-to-FCF

For the Broadcasting subindustry, Telecom Italia Media SPA'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.


Telecom Italia Media SPA's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

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



Telecom Italia Media SPA 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.

Telecom Italia Media SPA's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec14 is calculated as:

For example, Telecom Italia Media SPA's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec14 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec14 (Change)*Current CPI (Dec14)
=0.107/99.7209*99.7209
=0.107

Current CPI (Dec14) = 99.7209.

Telecom Italia Media SPA Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200512 -2.107 85.238 -2.465
200612 -1.621 86.835 -1.862
200712 -1.893 89.097 -2.119
200812 -2.173 91.094 -2.379
200912 -0.600 92.025 -0.650
201012 -0.194 93.755 -0.206
201112 -0.205 96.837 -0.211
201212 -1.071 99.070 -1.078
201312 0.042 99.721 0.042
201412 0.107 99.721 0.107

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.


Telecom Italia Media SPA  (LTS:0QTU) 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.


Telecom Italia Media SPA Cyclically Adjusted Price-to-FCF Related Terms

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Telecom Italia Media SPA (LTS:0QTU) Business Description

Traded in Other Exchanges
N/A
Address
Telecom Italia Media SPA is incorporated in Italy. The Company is a diversified media company. It operates in newswire output, TV production and content for TV and the web with the brands La7. It also broadcast MTV Italia channel that provides music & entertainment programs. It operates as network operator through Telecom Italia Media Broadcasting (100% owned by TI Media), and in the television industry through MTV Italia (51% owned by TI Media and 49% by Viacom). The Company provides broadcasting capacity and technological solutions for television operators, which are equipped with cutting-edge technology in the field of telecommunications and electronics.

Telecom Italia Media SPA (LTS:0QTU) Headlines

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