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The Walt Disney Co (FRA:WDP0) Cyclically Adjusted Price-to-FCF : 30.67 (As of Apr. 27, 2024)


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What is The Walt Disney Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), The Walt Disney Co's current share price is €9.20. The Walt Disney Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.30. The Walt Disney Co's Cyclically Adjusted Price-to-FCF for today is 30.67.

The historical rank and industry rank for The Walt Disney Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:WDP0' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.73   Med: 32.52   Max: 50.95
Current: 28.09

During the past years, The Walt Disney Co's highest Cyclically Adjusted Price-to-FCF was 50.95. The lowest was 19.73. And the median was 32.52.

FRA:WDP0's Cyclically Adjusted Price-to-FCF is ranked worse than
69.75% of 357 companies
in the Media - Diversified industry
Industry Median: 16.88 vs FRA:WDP0: 28.09

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.

The Walt Disney Co's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €0.443. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €0.30 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Walt Disney Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for The Walt Disney Co'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.

* Premium members only.

The Walt Disney Co Cyclically Adjusted Price-to-FCF Chart

The Walt Disney Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.22 31.80 42.28 23.08 20.17

The Walt Disney Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 22.13 25.11 22.75 20.17 22.50

Competitive Comparison of The Walt Disney Co's Cyclically Adjusted Price-to-FCF

For the Entertainment subindustry, The Walt Disney Co'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.


The Walt Disney Co's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

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



The Walt Disney Co 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.

The Walt Disney Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.20/0.3
=30.67

* 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.

The Walt Disney Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, The Walt Disney Co'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)
=0.443/129.4194*129.4194
=0.443

Current CPI (Dec. 2023) = 129.4194.

The Walt Disney Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.746 99.695 0.968
201406 0.862 100.560 1.109
201409 0.913 100.428 1.177
201412 0.405 99.070 0.529
201503 1.083 99.621 1.407
201506 0.860 100.684 1.105
201509 1.368 100.392 1.764
201512 0.578 99.792 0.750
201603 1.300 100.470 1.675
201606 1.361 101.688 1.732
201609 1.346 101.861 1.710
201612 0.240 101.863 0.305
201703 1.378 102.862 1.734
201706 1.865 103.349 2.335
201709 1.450 104.136 1.802
201712 0.698 104.011 0.869
201803 1.860 105.290 2.286
201806 1.405 106.317 1.710
201809 1.517 106.507 1.843
201812 0.530 105.998 0.647
201903 1.546 107.251 1.866
201906 -1.254 108.070 -1.502
201909 0.356 108.329 0.425
201912 0.135 108.420 0.161
202003 0.963 108.902 1.144
202006 0.222 108.767 0.264
202009 0.440 109.815 0.519
202012 -0.305 109.897 -0.359
202103 0.284 111.754 0.329
202106 0.237 114.631 0.268
202109 0.708 115.734 0.792
202112 -0.572 117.630 -0.629
202203 0.341 121.301 0.364
202206 0.097 125.017 0.100
202209 0.761 125.227 0.786
202212 -1.113 125.222 -1.150
202303 1.014 127.348 1.030
202306 0.826 128.729 0.830
202309 1.752 129.860 1.746
202312 0.443 129.419 0.443

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.


The Walt Disney Co  (FRA:WDP0) 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.


The Walt Disney Co Cyclically Adjusted Price-to-FCF Related Terms

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The Walt Disney Co (FRA:WDP0) Business Description

Address
500 South Buena Vista Street, Burbank, CA, USA, 91521
Disney operates in three global business segments: entertainment, sports, and experiences. Entertainment and experiences both benefit from franchises and characters the firm has created over the course of a century. Entertainment includes the ABC broadcast network, several cable television networks, and the Disney+ and Hulu streaming services. Within the segment, Disney also engages in movie and television production and distribution, with content licensed to movie theaters, other content providers, or, increasingly, kept in-house for use on Disney's own streaming platform and television networks. The sports segment houses ESPN and the ESPN+ streaming service. Experiences contains Disney's theme parks and vacation destinations, and also benefits from merchandise licensing.

The Walt Disney Co (FRA:WDP0) Headlines

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