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Ericsson Nikola Tesla dd (ZAG:ERNT) Cyclically Adjusted Price-to-FCF : 13.53 (As of Jun. 19, 2024)


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What is Ericsson Nikola Tesla dd Cyclically Adjusted Price-to-FCF?

As of today (2024-06-19), Ericsson Nikola Tesla dd's current share price is €210.00. Ericsson Nikola Tesla dd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €15.52. Ericsson Nikola Tesla dd's Cyclically Adjusted Price-to-FCF for today is 13.53.

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

ZAG:ERNT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.21   Med: 13.62   Max: 17.36
Current: 13.6

During the past years, Ericsson Nikola Tesla dd's highest Cyclically Adjusted Price-to-FCF was 17.36. The lowest was 12.21. And the median was 13.62.

ZAG:ERNT's Cyclically Adjusted Price-to-FCF is ranked worse than
52.88% of 191 companies
in the Telecommunication Services industry
Industry Median: 12.64 vs ZAG:ERNT: 13.60

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.

Ericsson Nikola Tesla dd's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.436. 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 €15.52 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ericsson Nikola Tesla dd Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ericsson Nikola Tesla dd'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.

Ericsson Nikola Tesla dd Cyclically Adjusted Price-to-FCF Chart

Ericsson Nikola Tesla dd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 14.65 14.19

Ericsson Nikola Tesla dd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 14.19 14.78 12.97 12.53 13.79

Competitive Comparison of Ericsson Nikola Tesla dd's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Ericsson Nikola Tesla dd'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.


Ericsson Nikola Tesla dd's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Ericsson Nikola Tesla dd's Cyclically Adjusted Price-to-FCF falls into.



Ericsson Nikola Tesla dd 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.

Ericsson Nikola Tesla dd's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=210.00/15.52
=13.53

* 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.

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

For example, Ericsson Nikola Tesla dd'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)
=0.436/131.7762*131.7762
=0.436

Current CPI (Mar. 2024) = 131.7762.

Ericsson Nikola Tesla dd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.155 99.695 -0.205
201406 4.945 100.560 6.480
201409 4.712 100.428 6.183
201412 3.389 99.070 4.508
201503 3.697 99.621 4.890
201506 -2.985 100.684 -3.907
201509 7.581 100.392 9.951
201512 9.337 99.792 12.330
201603 -3.323 100.470 -4.358
201606 5.004 101.688 6.485
201609 3.019 101.861 3.906
201612 10.204 101.863 13.201
201703 -7.678 102.862 -9.836
201706 -0.355 103.349 -0.453
201709 9.119 104.136 11.539
201712 6.888 104.011 8.727
201803 -0.340 105.290 -0.426
201806 -1.219 106.317 -1.511
201809 1.116 106.507 1.381
201812 3.890 105.998 4.836
201903 0.778 107.251 0.956
201906 -1.258 108.070 -1.534
201909 3.733 108.329 4.541
201912 -4.611 108.420 -5.604
202003 0.652 108.902 0.789
202006 11.992 108.767 14.529
202009 6.244 109.815 7.493
202012 5.298 109.897 6.353
202103 2.007 111.754 2.367
202106 11.143 114.631 12.810
202109 8.851 115.734 10.078
202112 12.383 117.630 13.872
202203 -5.524 121.301 -6.001
202206 7.199 125.017 7.588
202209 4.236 125.227 4.458
202212 10.681 125.222 11.240
202303 -5.404 127.348 -5.592
202306 0.922 128.729 0.944
202309 1.727 129.860 1.752
202403 0.436 131.776 0.436

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.


Ericsson Nikola Tesla dd  (ZAG:ERNT) 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.


Ericsson Nikola Tesla dd Cyclically Adjusted Price-to-FCF Related Terms

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Ericsson Nikola Tesla dd (ZAG:ERNT) Business Description

Traded in Other Exchanges
N/A
Address
Krapinska 45, PO Box 93, Zagreb, HRV, 10002
Ericsson Nikola Tesla dd is a provider of communication products and services and ICT solutions related to healthcare, national and public safety, state administration, transport, utilities, and multimedia communication. The company's activities include marketing and sales, research and development, design of total communication solutions, services in multi-service and mobile networks area, including mobile Internet and complex system integration in all business areas. It operates in four segments Networks, Digital Services, Managed Services, and Others.

Ericsson Nikola Tesla dd (ZAG:ERNT) Headlines

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