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Rogers Communications (TSX:RCI.A) Cyclically Adjusted Price-to-FCF : 17.82 (As of May. 23, 2024)


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What is Rogers Communications Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Rogers Communications's current share price is C$59.00. Rogers Communications's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$3.31. Rogers Communications's Cyclically Adjusted Price-to-FCF for today is 17.82.

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

TSX:RCI.A' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.74   Med: 22.27   Max: 30.92
Current: 16.62

During the past years, Rogers Communications's highest Cyclically Adjusted Price-to-FCF was 30.92. The lowest was 15.74. And the median was 22.27.

TSX:RCI.A's Cyclically Adjusted Price-to-FCF is ranked worse than
63.1% of 187 companies
in the Telecommunication Services industry
Industry Median: 12.96 vs TSX:RCI.A: 16.62

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.

Rogers Communications's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$0.205. 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 C$3.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rogers Communications Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Rogers Communications'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.

Rogers Communications Cyclically Adjusted Price-to-FCF Chart

Rogers Communications 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 21.89 19.57 19.40 19.29 19.62

Rogers Communications 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 19.74 18.99 16.25 19.62 17.14

Competitive Comparison of Rogers Communications's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Rogers Communications'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.


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

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

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



Rogers Communications 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=59.00/3.31
=17.82

* 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.

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

For example, Rogers Communications'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)
=0.205/126.2576*126.2576
=0.205

Current CPI (Mar. 2024) = 126.2576.

Rogers Communications Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.043 99.473 1.324
201409 0.592 99.394 0.752
201412 0.524 98.367 0.673
201503 -0.681 99.789 -0.862
201506 0.944 100.500 1.186
201509 1.675 100.421 2.106
201512 0.290 99.947 0.366
201603 0.070 101.054 0.087
201606 0.890 102.002 1.102
201609 1.193 101.765 1.480
201612 0.863 101.449 1.074
201703 0.186 102.634 0.229
201706 0.684 103.029 0.838
201709 1.384 103.345 1.691
201712 0.544 103.345 0.665
201803 0.531 105.004 0.638
201806 0.746 105.557 0.892
201809 1.140 105.636 1.363
201812 0.383 105.399 0.459
201903 0.725 106.979 0.856
201906 0.599 107.690 0.702
201909 1.234 107.611 1.448
201912 0.675 107.769 0.791
202003 0.694 107.927 0.812
202006 1.706 108.401 1.987
202009 0.907 108.164 1.059
202012 0.551 108.559 0.641
202103 0.362 110.298 0.414
202106 0.565 111.720 0.639
202109 1.111 112.905 1.242
202112 0.569 113.774 0.631
202203 0.300 117.646 0.322
202206 1.047 120.806 1.094
202209 0.646 120.648 0.676
202212 0.713 120.964 0.744
202303 -0.915 122.702 -0.942
202306 0.992 124.203 1.008
202309 1.185 125.230 1.195
202312 0.785 125.072 0.792
202403 0.205 126.258 0.205

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.


Rogers Communications  (TSX:RCI.A) 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.


Rogers Communications Cyclically Adjusted Price-to-FCF Related Terms

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


Rogers Communications (TSX:RCI.A) Business Description

Traded in Other Exchanges
Address
333 Bloor Street East, 10th Floor, Toronto, ON, CAN, M4W 1G9
Rogers Communications is the largest wireless service provider in Canada, with its more than 10 million subscribers equating to one third of the total Canadian market. Its wireless business accounted for more than half of total revenue and has increasingly been providing a bigger portion of total company sales over the last several years. Rogers' cable segment, which provides about 40% of total revenue after acquiring Shaw, offers home internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers' media unit, which owns and operates various television and radio stations and the Toronto Blue Jays. Rogers' significant exposure to sports also includes ownership stakes in the Toronto Maple Leafs, Raptors, FC, and Argonauts.

Rogers Communications (TSX:RCI.A) Headlines

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