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Vocento (XMAD:VOC) Cyclically Adjusted FCF per Share : €0.16 (As of Sep. 2023)


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What is Vocento 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.

Vocento's adjusted free cash flow per share for the three months ended in Sep. 2023 was €-0.055. 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 €0.16 for the trailing ten years ended in Sep. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 31.70% 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 Vocento was 31.70% per year. The lowest was 31.70% per year. And the median was 31.70% per year.

As of today (2024-05-16), Vocento's current stock price is €0.934. Vocento's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was €0.16. Vocento's Cyclically Adjusted Price-to-FCF of today is 5.84.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Vocento was 146.00. The lowest was 3.31. And the median was 6.56.


Vocento Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Vocento'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.

Vocento Cyclically Adjusted FCF per Share Chart

Vocento Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.07 0.12 0.17 0.16

Vocento Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.16 0.16 0.17 0.18 0.16

Competitive Comparison of Vocento's Cyclically Adjusted FCF per Share

For the Publishing subindustry, Vocento'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.


Vocento's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Vocento's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Vocento 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, Vocento's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.055/121.3426*121.3426
=-0.055

Current CPI (Sep. 2023) = 121.3426.

Vocento Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.025 101.306 0.030
201403 -0.009 100.139 -0.011
201406 0.006 101.081 0.007
201409 0.066 100.441 0.080
201412 0.093 100.251 0.113
201503 -0.001 99.474 -0.001
201506 0.045 101.138 0.054
201509 0.121 99.559 0.147
201512 0.062 100.268 0.075
201603 0.010 98.638 0.012
201606 0.015 100.333 0.018
201609 0.058 99.737 0.071
201612 0.057 101.842 0.068
201703 0.043 100.896 0.052
201706 0.035 101.848 0.042
201709 0.054 101.524 0.065
201712 0.055 102.975 0.065
201803 0.108 102.122 0.128
201806 0.060 104.165 0.070
201809 0.052 103.818 0.061
201812 0.050 104.193 0.058
201903 0.084 103.488 0.098
201906 0.029 104.612 0.034
201909 0.023 103.905 0.027
201912 0.059 105.015 0.068
202003 0.037 103.469 0.043
202006 0.005 104.254 0.006
202009 -0.002 103.521 -0.002
202012 -0.026 104.456 -0.030
202103 0.016 104.857 0.019
202106 0.054 107.102 0.061
202109 0.044 107.669 0.050
202112 0.111 111.298 0.121
202203 0.031 115.153 0.033
202206 0.002 118.044 0.002
202209 -0.018 117.221 -0.019
202212 0.026 117.650 0.027
202303 -0.006 118.948 -0.006
202306 -0.030 120.278 -0.030
202309 -0.055 121.343 -0.055

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


Vocento  (XMAD:VOC) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.934/0.16
=5.84

* 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 Vocento was 146.00. The lowest was 3.31. And the median was 6.56.


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.


Vocento Cyclically Adjusted FCF per Share Related Terms

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


Vocento (XMAD:VOC) Business Description

Traded in Other Exchanges
Address
Calle Pintor Losada 7, Bilbao, ESP, 48004
Vocento SA is a multimedia communication company. It provides distribution of press and other products, the sale of advertising space, newspaper printing and technical counseling on audiovisual productions. In addition, the group is also involved in the operation of various portal such as pisos.com, a real estate classified portal; infoempleo.com, an employment classified portal; and autocasion.com, a used vehicles classified portal. Geographically, all the business activities are primarily functioned through the region of Spain.

Vocento (XMAD:VOC) Headlines

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