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The Pegasus (The Pegasus) Cyclically Adjusted Price-to-FCF : (As of Jun. 21, 2024)


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What is The Pegasus Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


The Pegasus Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for The Pegasus'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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The Pegasus Cyclically Adjusted Price-to-FCF Chart

The Pegasus Annual Data
Trend Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Cyclically Adjusted Price-to-FCF
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The Pegasus Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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Competitive Comparison of The Pegasus's Cyclically Adjusted Price-to-FCF

For the Broadcasting subindustry, The Pegasus'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.


The Pegasus's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

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



The Pegasus 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.

The Pegasus's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2006 is calculated as:

For example, The Pegasus's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2006 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2006 (Change)*Current CPI (Sep. 2006)
=-51.954/85.6057*85.6057
=-51.954

Current CPI (Sep. 2006) = 85.6057.

The Pegasus Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
199612 0.000 66.915 0.000
199703 -1,085.714 67.506 -1,376.822
199706 -461.538 67.632 -584.193
199709 1,310.000 68.012 1,648.878
199712 -3,465.789 68.054 -4,359.632
199803 -139.474 68.434 -174.472
199806 -631.579 68.771 -786.181
199809 -1,114.286 69.025 -1,381.960
199812 -503.125 69.151 -622.843
199903 -1,327.692 69.615 -1,632.658
199906 -616.667 70.122 -752.838
199909 714.468 70.839 863.404
199912 -1,326.430 71.008 -1,599.124
200003 -342.575 72.231 -406.008
200006 -644.173 72.737 -758.137
200009 -224.752 73.286 -262.534
200012 -70.791 73.413 -82.549
200103 -684.171 74.341 -787.845
200106 -375.270 75.100 -427.766
200109 -242.777 75.227 -276.273
200112 -328.149 74.552 -376.805
200203 -102.000 75.438 -115.748
200206 163.729 75.902 184.662
200209 -184.517 76.366 -206.843
200212 113.100 76.324 126.855
200303 -122.421 77.716 -134.849
200306 112.602 77.505 124.371
200309 -115.939 78.138 -127.020
200312 108.132 77.758 119.045
200403 -51.070 79.066 -55.294
200406 19.925 80.037 21.311
200409 -71.692 80.121 -76.600
200412 -253.295 80.290 -270.066
200503 -7.786 81.555 -8.173
200506 -57.817 82.062 -60.314
200509 -28.923 83.876 -29.520
200512 -40.485 83.032 -41.740
200603 -39.592 84.298 -40.206
200606 -54.400 85.606 -54.400
200609 -51.954 85.606 -51.954

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.


The Pegasus  (OTCPK:PEGX) 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.


The Pegasus Cyclically Adjusted Price-to-FCF Related Terms

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


The Pegasus (The Pegasus) Business Description

Traded in Other Exchanges
N/A
Address
225 City Line Avenue, Suite 100, Bala Cynwyd, PA, USA, 19004
The Pegasus Companies Inc is the holding company for a variety of satellite and media companies. The company previously operated as an independent provider of DIRECTV to more than 1.1 million subscribers but went into bankruptcy following the termination of the relationship. The company primarily owns and operates six broadcast TV stations and operates three others. These stations serve markets in Tennessee, Florida, Pennsylvania, and Maine.
Executives
Peninsula Investment Partners, L.p. 10 percent owner 404B EAST MAIN STREET, 2ND FLOOR, CHARLOTTESVILLE, VA 22902
Peninsula Capital Advisors Llc 10 percent owner 404B EAST MAIN STREET, 2ND FLOOR, CHARLOTTESVILLE, VA 22902
James Mcentee director CIRA CENTRE, 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Ronald B Stark officer: Principal Accounting Officer C/O NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
Par Capital Management Inc 10 percent owner 200 CLARENDON STREET, FL 48, BOSTON MA 02116
Pegasus Capital Llc 10 percent owner C/O PEGASUS CAPITAL ADVISORS, L.P., 750 EAST MAIN STREET, SUITE 600, STAMFORD CT 06902

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