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Charter Communications (WBO:CHTR) Cyclically Adjusted FCF per Share : €20.94 (As of Mar. 2024)


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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 Mar. 2024 was €2.246. 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 €20.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Charter Communications's average Cyclically Adjusted FCF Growth Rate was 9.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 27.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 30.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 43.40% 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 232.00% per year. The lowest was 27.40% per year. And the median was 44.70% per year.

As of today (2024-05-15), Charter Communications's current stock price is €255.30. Charter Communications's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €20.94. Charter Communications's Cyclically Adjusted Price-to-FCF of today is 12.19.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Charter Communications was 913.13. The lowest was 11.13. And the median was 59.47.


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 7.61 9.02 14.06 18.86 20.75

Charter 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 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 19.10 19.63 21.01 20.75 20.94

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 Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.246/129.4194*129.4194
=2.246

Current CPI (Mar. 2024) = 129.4194.

Charter Communications Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.528 100.560 0.680
201409 -0.489 100.428 -0.630
201412 0.724 99.070 0.946
201503 0.924 99.621 1.200
201506 1.393 100.684 1.791
201509 1.808 100.392 2.331
201512 0.724 99.792 0.939
201603 -0.539 100.470 -0.694
201606 2.273 101.688 2.893
201609 3.239 101.861 4.115
201612 5.604 101.863 7.120
201703 3.895 102.862 4.901
201706 3.809 103.349 4.770
201709 1.929 104.136 2.397
201712 2.652 104.011 3.300
201803 -0.165 105.290 -0.203
201806 2.903 106.317 3.534
201809 1.952 106.507 2.372
201812 3.381 105.998 4.128
201903 2.508 107.251 3.026
201906 4.356 108.070 5.217
201909 5.190 108.329 6.200
201912 6.489 108.420 7.746
202003 5.830 108.902 6.928
202006 7.857 108.767 9.349
202009 7.135 109.815 8.409
202012 6.543 109.897 7.705
202103 7.569 111.754 8.765
202106 8.622 114.631 9.734
202109 11.245 115.734 12.575
202112 11.221 117.630 12.346
202203 9.366 121.301 9.993
202206 8.668 125.017 8.973
202209 10.280 125.227 10.624
202212 6.888 125.222 7.119
202303 4.039 127.348 4.105
202306 4.057 128.729 4.079
202309 6.762 129.860 6.739
202312 6.470 129.419 6.470
202403 2.246 129.419 2.246

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


Charter Communications  (WBO:CHTR) 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
=255.30/20.94
=12.19

* 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 913.13. The lowest was 11.13. And the median was 59.47.


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 (WBO:CHTR) 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.