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Sky Network Television (Sky Network Television) Cyclically Adjusted Price-to-FCF : 1.21 (As of Jun. 08, 2024)


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What is Sky Network Television Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Sky Network Television's current share price is $1.70. Sky Network Television's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was $1.41. Sky Network Television's Cyclically Adjusted Price-to-FCF for today is 1.21.

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

SYKWF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.58   Med: 5.09   Max: 45.89
Current: 1.06

During the past 13 years, Sky Network Television's highest Cyclically Adjusted Price-to-FCF was 45.89. The lowest was 0.58. And the median was 5.09.

SYKWF's Cyclically Adjusted Price-to-FCF is ranked better than
95.9% of 366 companies
in the Media - Diversified industry
Industry Median: 16.135 vs SYKWF: 1.06

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.

Sky Network Television's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was $0.179. 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 $1.41 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sky Network Television Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sky Network Television'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.

Sky Network Television Cyclically Adjusted Price-to-FCF Chart

Sky Network Television Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.84 0.67 0.82 1.12 1.08

Sky Network Television Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 1.12 - 1.08 -

Competitive Comparison of Sky Network Television's Cyclically Adjusted Price-to-FCF

For the Entertainment subindustry, Sky Network Television'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.


Sky Network Television's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

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



Sky Network Television 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.

Sky Network Television's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.70/1.41
=1.21

* 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.

Sky Network Television's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Sky Network Television's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.179/125.8458*125.8458
=0.179

Current CPI (Jun23) = 125.8458.

Sky Network Television Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.990 99.646 3.776
201506 1.910 100.063 2.402
201606 1.692 100.480 2.119
201706 1.956 102.231 2.408
201806 1.762 103.764 2.137
201906 1.097 105.502 1.309
202006 1.188 107.035 1.397
202106 0.274 110.614 0.312
202206 0.327 118.690 0.347
202306 0.179 125.846 0.179

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.


Sky Network Television  (OTCPK:SYKWF) 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.


Sky Network Television Cyclically Adjusted Price-to-FCF Related Terms

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


Sky Network Television (Sky Network Television) Business Description

Traded in Other Exchanges
Address
10 Panorama Road, Mt Wellington, Auckland, NZL, 1060
Sky Network Television is the monopoly satellite pay-TV service provider in New Zealand, and distributes local and overseas content to its customers through a digital satellite network. It generates subscription and content revenue from these customers. This business is augmented by a free-to-air television channel (Prime) and expansion into other distribution channels such as online video on demand and online access to live sports.

Sky Network Television (Sky Network Television) Headlines

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