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Twenty-First Century Fox (FRA:NWXA) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Twenty-First Century Fox Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Twenty-First Century Fox Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Twenty-First Century Fox'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.

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Twenty-First Century Fox Cyclically Adjusted Price-to-FCF Chart

Twenty-First Century Fox Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Cyclically Adjusted Price-to-FCF
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Twenty-First Century Fox Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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Competitive Comparison of Twenty-First Century Fox's Cyclically Adjusted Price-to-FCF

For the Broadcasting subindustry, Twenty-First Century Fox'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.


Twenty-First Century Fox's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Twenty-First Century Fox's Cyclically Adjusted Price-to-FCF falls into.



Twenty-First Century Fox 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.

Twenty-First Century Fox's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2018 is calculated as:

For example, Twenty-First Century Fox's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2018 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2018 (Change)*Current CPI (Dec. 2018)
=-0.067/105.9979*105.9979
=-0.067

Current CPI (Dec. 2018) = 105.9979.

Twenty-First Century Fox Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200903 0.361 89.744 0.426
200906 0.245 91.003 0.285
200909 0.144 91.120 0.168
200912 -0.098 91.111 -0.114
201003 0.601 91.821 0.694
201006 0.193 91.962 0.222
201009 0.068 92.162 0.078
201012 -0.039 92.474 -0.045
201103 0.424 94.283 0.477
201106 0.430 95.235 0.479
201109 0.049 95.727 0.054
201112 -0.020 95.213 -0.022
201203 0.599 96.783 0.656
201206 0.258 96.819 0.282
201209 0.175 97.633 0.190
201212 0.022 96.871 0.024
201303 0.509 98.209 0.549
201306 0.080 98.518 0.086
201309 0.056 98.790 0.060
201312 0.014 98.326 0.015
201403 0.286 99.695 0.304
201406 0.388 100.560 0.409
201409 0.117 100.428 0.123
201412 0.098 99.070 0.105
201503 0.749 99.621 0.797
201506 0.385 100.684 0.405
201509 -0.150 100.392 -0.158
201512 0.225 99.792 0.239
201603 0.804 100.470 0.848
201606 0.437 101.688 0.456
201609 0.443 101.861 0.461
201612 0.092 101.863 0.096
201703 0.560 102.862 0.577
201706 0.573 103.349 0.588
201709 0.302 104.136 0.307
201712 -0.183 104.011 -0.186
201803 0.695 105.290 0.700
201806 0.835 106.317 0.832
201809 0.221 106.507 0.220
201812 -0.067 105.998 -0.067

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.


Twenty-First Century Fox  (FRA:NWXA) 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.


Twenty-First Century Fox Cyclically Adjusted Price-to-FCF Related Terms

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Twenty-First Century Fox (FRA:NWXA) Business Description

Traded in Other Exchanges
N/A
Address
1211 Avenue of the Americas, New York, NY, USA, 10036
21st Century Fox is a media conglomerate with a wide range of assets: a film studio, which creates television programs and movies; broadcast television, including the Fox broadcast network and local TV stations in the U.S.; cable networks, which comprise over 300 channels around the world; and direct-broadcast satellite TV in the form of Sky, a satellite pay-tv provider in Europe.

Twenty-First Century Fox (FRA:NWXA) Headlines

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