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United States Cellular (United States Cellular) Cyclically Adjusted FCF per Share : $-3.32 (As of Dec. 2023)


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What is United States Cellular 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.

United States Cellular's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-1.256. 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 $-3.32 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -28.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -44.90% 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 United States Cellular was 126.30% per year. The lowest was -81.40% per year. And the median was 7.50% per year.

As of today (2024-04-27), United States Cellular's current stock price is $36.78. United States Cellular's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-3.32. United States Cellular's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of United States Cellular was 1351.00. The lowest was 16.54. And the median was 57.66.


United States Cellular Cyclically Adjusted FCF per Share Historical Data

The historical data trend for United States Cellular'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.

United States Cellular Cyclically Adjusted FCF per Share Chart

United States Cellular 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 -1.27 -1.58 -3.46 -4.03 -3.32

United States Cellular 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 -4.03 -4.38 -4.28 -3.52 -3.32

Competitive Comparison of United States Cellular's Cyclically Adjusted FCF per Share

For the Telecom Services subindustry, United States Cellular'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.


United States Cellular's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where United States Cellular's Cyclically Adjusted Price-to-FCF falls into.



United States Cellular 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, United States Cellular'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)
=-1.256/129.4194*129.4194
=-1.256

Current CPI (Dec. 2023) = 129.4194.

United States Cellular Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.648 99.695 -0.841
201406 -0.139 100.560 -0.179
201409 -0.776 100.428 -1.000
201412 -4.072 99.070 -5.319
201503 -1.659 99.621 -2.155
201506 0.294 100.684 0.378
201509 -0.259 100.392 -0.334
201512 -2.047 99.792 -2.655
201603 0.706 100.470 0.909
201606 -0.259 101.688 -0.330
201609 0.600 101.861 0.762
201612 -0.988 101.863 -1.255
201703 -0.349 102.862 -0.439
201706 -1.093 103.349 -1.369
201709 0.906 104.136 1.126
201712 -1.551 104.011 -1.930
201803 1.291 105.290 1.587
201806 0.919 106.317 1.119
201809 1.506 106.507 1.830
201812 -1.489 105.998 -1.818
201903 0.500 107.251 0.603
201906 -1.193 108.070 -1.429
201909 0.591 108.329 0.706
201912 -2.136 108.420 -2.550
202003 0.011 108.902 0.013
202006 0.690 108.767 0.821
202009 0.341 109.815 0.402
202012 -0.506 109.897 -0.596
202103 -14.375 111.754 -16.647
202106 1.000 114.631 1.129
202109 1.207 115.734 1.350
202112 -2.048 117.630 -2.253
202203 -4.598 121.301 -4.906
202206 1.448 125.017 1.499
202209 -0.682 125.227 -0.705
202212 -0.277 125.222 -0.286
202303 -1.860 127.348 -1.890
202306 2.221 128.729 2.233
202309 2.442 129.860 2.434
202312 -1.256 129.419 -1.256

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


United States Cellular  (NYSE:USM) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of United States Cellular was 1351.00. The lowest was 16.54. And the median was 57.66.


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.


United States Cellular Cyclically Adjusted FCF per Share Related Terms

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


United States Cellular (United States Cellular) Business Description

Traded in Other Exchanges
Address
8410 West Bryn Mawr, Chicago, IL, USA, 60631
U.S. Cellular is a regional wireless carrier that serves about 5 million customers spread across four major geographic clusters: the Midwest, mid-Atlantic, New England, and the Pacific Northwest. These service territories encompass a total population of about 32 million people. The vast majority of the markets the firm serves are rural or second/third-tier cities, with only the greater Milwaukee and Oklahoma City regions boasting populations greater than 1 million. U.S. Cellular also owns a 5.5% stake in Verizon Wireless' Los Angeles operations and, unlike its wireless carrier peers, owns most of its own towers.
Executives
Michael Irizarry officer: EVP & CTO-Engineering and IS 8410 W BRYN MAWR, CHICAGO IL 60631
Kevin R Lowell officer: EVP, Chief People Officer 8410 W. BRYN MAWR AVE, CHICAGO IL 60631
Xavier Williams director C/O AMERICAN VIRTUAL CLOUD TECHNOLOGIES, 1720 PEACHTREE ST., SUITE 629, ATLANTA GA 30309
James W Butman director 30 N. LASALLE STREET, STE. 4000, CHICAGO IL 60602
Gregory P Josefowicz director 850 76TH STREET SW, GRAND RAPIDS MI 49518
Deirdre Drake officer: SVP-Chief HR Officer 8410 W. BRYN MAWR AVE, CHICAGO IL 60631
Esteban C Iriarte director 8410 W. BRYN MAWR, CHICAGO IL 60631
Vicki L Villacrez director 30 N. LASALLE STREET, SUITE 4000, CHICAGO IL 60602
Ronald E Daly director
J Samuel Crowley director 8410 WEST BRYN MAWR ST STE 700, CHICAGO IL 60631
Jay Ellison officer: EVP-Operations
Laurent C Therivel director, officer: President and CEO 8410 W. BRYN MAWR STREET, CHICAGO IL 60631
Kenneth R Meyers director, officer: President and CEO
Anita J Kroll officer: Chief Accounting Officer 30 N. LASALLE STREET, SUITE 4000, CHICAGO IL 60602
Steven T Campbell director, officer: EVP-Finance, CFO and Treasurer 8410 W. BRYN MAWR, CHICAGO IL 60631

United States Cellular (United States Cellular) Headlines

From GuruFocus

UScellular reports second quarter 2023 results

By PRNewswire 08-04-2023