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Charter Communications (BSP:CHCM34) Cyclically Adjusted FCF per Share : R$0.40 (As of Dec. 2023)


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What is Charter Communications Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Charter Communications's adjusted free cash flow per share for the three months ended in Dec. 2023 was R$0.576. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is R$0.40 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Charter Communications's average Cyclically Adjusted FCF Growth Rate was 128.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Charter Communications was 55.60% per year. The lowest was -272.60% per year. And the median was 34.80% per year.

As of today (2024-04-29), Charter Communications's current stock price is R$21.80. Charter Communications's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$0.40. Charter Communications's Cyclically Adjusted Price-to-FCF of today is 54.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Charter Communications was 6051.33. The lowest was 52.25. And the median was 234.36.


Charter Communications Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Charter Communications's Cyclically Adjusted FCF per Share 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.

Charter Communications Cyclically Adjusted FCF per Share Chart

Charter Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.49 -0.43 -0.12 0.19 0.40

Charter Communications Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 0.19 0.21 0.22 0.36 0.40

Competitive Comparison of Charter Communications's Cyclically Adjusted FCF per Share

For the Telecom Services subindustry, Charter 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.


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

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

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



Charter Communications Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Charter Communications's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.576/129.4194*129.4194
=0.576

Current CPI (Dec. 2023) = 129.4194.

Charter Communications Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.030 99.695 0.039
201406 0.027 100.560 0.035
201409 -0.025 100.428 -0.032
201412 0.044 99.070 0.057
201503 0.052 99.621 0.068
201506 0.081 100.684 0.104
201509 0.132 100.392 0.170
201512 0.051 99.792 0.066
201603 -0.037 100.470 -0.048
201606 -7.864 101.688 -10.009
201609 0.197 101.861 0.250
201612 0.330 101.863 0.419
201703 0.217 102.862 0.273
201706 0.235 103.349 0.294
201709 0.120 104.136 0.149
201712 0.172 104.011 0.214
201803 -0.011 105.290 -0.014
201806 0.213 106.317 0.259
201809 0.156 106.507 0.190
201812 0.249 105.998 0.304
201903 0.181 107.251 0.218
201906 0.316 108.070 0.378
201909 0.392 108.329 0.468
201912 0.493 108.420 0.588
202003 0.525 108.902 0.624
202006 0.765 108.767 0.910
202009 0.756 109.815 0.891
202012 0.683 109.897 0.804
202103 0.846 111.754 0.980
202106 0.871 114.631 0.983
202109 1.164 115.734 1.302
202112 1.195 117.630 1.315
202203 0.856 121.301 0.913
202206 0.771 125.017 0.798
202209 0.890 125.227 0.920
202212 0.638 125.222 0.659
202303 0.375 127.348 0.381
202306 0.356 128.729 0.358
202309 0.594 129.860 0.592
202312 0.576 129.419 0.576

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Charter Communications  (BSP:CHCM34) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Charter Communications's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=21.80/0.4
=54.50

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Charter Communications was 6051.33. The lowest was 52.25. And the median was 234.36.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Charter Communications Cyclically Adjusted FCF per Share Related Terms

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


Charter Communications (BSP:CHCM34) Business Description

Address
400 Washington Boulevard, Stamford, CT, USA, 06902
Charter is the product of the 2016 merger of three cable companies, each with a decades-long history in the business: Legacy Charter, Time Warner Cable, and Bright House Networks. The firm now holds networks capable of providing television, internet access, and phone services to roughly 56 million U.S. homes and businesses, around 40% of the country. Across this footprint, Charter serves 30 million residential and 2 million commercial customer accounts under the Spectrum brand, making it the second-largest U.S. cable company behind Comcast. The firm also owns, in whole or in part, sports and news networks, including Spectrum SportsNet (long-term local rights to Los Angeles Lakers games), SportsNet LA (Los Angeles Dodgers), SportsNet New York (New York Mets), and Spectrum News NY1.

Charter Communications (BSP:CHCM34) Headlines

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