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Swisscom AG (Swisscom AG) Cyclically Adjusted Price-to-FCF : 15.43 (As of May. 21, 2024)


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What is Swisscom AG Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Swisscom AG's current share price is $554.00. Swisscom AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $35.90. Swisscom AG's Cyclically Adjusted Price-to-FCF for today is 15.43.

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

SWZCF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.09   Med: 15.33   Max: 19.13
Current: 15.58

During the past years, Swisscom AG's highest Cyclically Adjusted Price-to-FCF was 19.13. The lowest was 10.09. And the median was 15.33.

SWZCF's Cyclically Adjusted Price-to-FCF is ranked worse than
58.51% of 188 companies
in the Telecommunication Services industry
Industry Median: 13.09 vs SWZCF: 15.58

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.

Swisscom AG's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $6.319. 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 $35.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Swisscom AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Swisscom AG'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.

Swisscom AG Cyclically Adjusted Price-to-FCF Chart

Swisscom AG 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 16.65 15.67 16.72 16.15 15.87

Swisscom AG 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 18.19 17.64 17.06 15.87 17.08

Competitive Comparison of Swisscom AG's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Swisscom AG'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.


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

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

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



Swisscom AG 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=554.00/35.9
=15.43

* 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.

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

For example, Swisscom AG'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)
=6.319/107.3549*107.3549
=6.319

Current CPI (Mar. 2024) = 107.3549.

Swisscom AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 7.111 101.517 7.520
201409 11.697 101.247 12.403
201412 4.116 100.704 4.388
201503 4.396 100.339 4.703
201506 5.365 100.464 5.733
201509 12.904 99.785 13.883
201512 5.979 99.386 6.458
201603 1.299 99.475 1.402
201606 9.065 100.088 9.723
201609 11.597 99.604 12.499
201612 3.786 99.380 4.090
201703 5.127 100.040 5.502
201706 10.175 100.285 10.892
201709 11.064 100.254 11.848
201712 7.508 100.213 8.043
201803 3.790 100.836 4.035
201806 5.639 101.435 5.968
201809 8.948 101.246 9.488
201812 7.633 100.906 8.121
201903 6.134 101.571 6.483
201906 3.750 102.044 3.945
201909 12.295 101.396 13.018
201912 8.838 101.063 9.388
202003 5.195 101.048 5.519
202006 12.640 100.743 13.470
202009 11.183 100.585 11.936
202012 12.382 100.241 13.261
202103 7.560 100.800 8.052
202106 9.275 101.352 9.824
202109 12.239 101.533 12.941
202112 8.172 101.776 8.620
202203 3.074 103.205 3.198
202206 5.754 104.783 5.895
202209 14.793 104.835 15.149
202212 8.368 104.666 8.583
202303 6.339 106.245 6.405
202306 6.927 106.576 6.978
202309 13.544 106.570 13.644
202312 11.136 106.461 11.229
202403 6.319 107.355 6.319

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.


Swisscom AG  (OTCPK:SWZCF) 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.


Swisscom AG Cyclically Adjusted Price-to-FCF Related Terms

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Swisscom AG (Swisscom AG) Business Description

Address
Alte Tiefenaustrasse 6, 3048 Worblaufen, Ittigen, Bern, CHE, CH-3050
Swisscom is the incumbent telecom operator in Switzerland, with a high market share in mobile and fixed-line markets. It charges high prices compared with its competitors and other European peers due to the historical stability of the Swiss telecom market and a favorable regulatory environment. It also owns Fastweb in Italy, which has a broadband network and operates as a wireless reseller.

Swisscom AG (Swisscom AG) Headlines

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