GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Comcast Corp (STU:CTP2) » Definitions » Cyclically Adjusted Price-to-FCF

Comcast (STU:CTP2) Cyclically Adjusted Price-to-FCF : 13.15 (As of May. 14, 2024)


View and export this data going back to 1988. Start your Free Trial

What is Comcast Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), Comcast's current share price is €36.81. Comcast's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.80. Comcast's Cyclically Adjusted Price-to-FCF for today is 13.15.

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

STU:CTP2' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.61   Med: 24.09   Max: 33.32
Current: 12.95

During the past years, Comcast's highest Cyclically Adjusted Price-to-FCF was 33.32. The lowest was 10.61. And the median was 24.09.

STU:CTP2's Cyclically Adjusted Price-to-FCF is ranked better than
51.31% of 191 companies
in the Telecommunication Services industry
Industry Median: 13.73 vs STU:CTP2: 12.95

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.

Comcast's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €1.046. 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 €2.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Comcast Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Comcast'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.

Comcast Cyclically Adjusted Price-to-FCF Chart

Comcast Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.00 24.40 20.17 12.73 14.66

Comcast Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 13.46 14.38 14.96 14.66 14.28

Competitive Comparison of Comcast's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Comcast'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.


Comcast's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Comcast's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Comcast 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.

Comcast's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=36.81/2.8
=13.15

* 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.

Comcast's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Comcast's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.046/129.4194*129.4194
=1.046

Current CPI (Mar. 2024) = 129.4194.

Comcast Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.140 100.560 0.180
201409 0.378 100.428 0.487
201412 0.318 99.070 0.415
201503 0.587 99.621 0.763
201506 0.227 100.684 0.292
201509 0.445 100.392 0.574
201512 0.478 99.792 0.620
201603 0.572 100.470 0.737
201606 0.321 101.688 0.409
201609 0.250 101.861 0.318
201612 0.539 101.863 0.685
201703 0.612 102.862 0.770
201706 0.446 103.349 0.559
201709 0.406 104.136 0.505
201712 0.398 104.011 0.495
201803 0.531 105.290 0.653
201806 0.793 106.317 0.965
201809 0.583 106.507 0.708
201812 0.395 105.998 0.482
201903 0.885 107.251 1.068
201906 0.816 108.070 0.977
201909 0.407 108.329 0.486
201912 0.459 108.420 0.548
202003 0.652 108.902 0.775
202006 1.150 108.767 1.368
202009 0.420 109.815 0.495
202012 0.269 109.897 0.317
202103 0.951 111.754 1.101
202106 0.851 114.631 0.961
202109 0.589 115.734 0.659
202112 0.726 117.630 0.799
202203 0.948 121.301 1.011
202206 0.669 125.017 0.693
202209 0.781 125.227 0.807
202212 0.293 125.222 0.303
202303 0.839 127.348 0.853
202306 0.755 128.729 0.759
202309 0.912 129.860 0.909
202312 0.388 129.419 0.388
202403 1.046 129.419 1.046

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.


Comcast  (STU:CTP2) 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.


Comcast Cyclically Adjusted Price-to-FCF Related Terms

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


Comcast (STU:CTP2) Business Description

Address
One Comcast Center, Philadelphia, PA, USA, 19103-2838
Comcast is made up of three parts. The core cable business owns networks capable of providing television, internet access, and phone services to 62 million U.S. homes and businesses, or nearly half of the country. About 55% of the homes in this territory subscribe to at least one Comcast service. Comcast acquired NBCUniversal from General Electric in 2011. NBCU owns several cable networks, including CNBC, MSNBC, and USA, the NBC broadcast network, the Peacock streaming platform, several local NBC affiliates, Universal Studios, and several theme parks. Sky, acquired in 2018, is the dominant television provider in the U.K. and has invested heavily in proprietary content to build this position. Sky is also the largest pay-television provider in Italy and has a presence in Germany and Austria.

Comcast (STU:CTP2) Headlines

No Headlines