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Zinc Media Group (FRA:YE42) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Zinc Media Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zinc Media Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zinc Media Group'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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Zinc Media Group Cyclically Adjusted Price-to-FCF Chart

Zinc Media Group Annual Data
Trend Mar12 Mar13 Jun15 Jun16 Jun17 Jun18 Jun19 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Zinc Media Group Semi-Annual Data
Sep13 Mar14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Zinc Media Group's Cyclically Adjusted Price-to-FCF

For the Entertainment subindustry, Zinc Media Group'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.


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

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

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



Zinc Media Group 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.

Zinc Media Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Zinc Media Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.129/130.0000*130.0000
=0.129

Current CPI (Dec23) = 130.0000.

Zinc Media Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201203 -109.889 95.400 -149.744
201303 -38.694 97.800 -51.434
201506 -23.255 100.100 -30.201
201606 -5.393 101.000 -6.941
201706 -1.379 103.500 -1.732
201806 -1.335 105.900 -1.639
201906 0.100 107.900 0.120
202112 -0.043 114.700 -0.049
202212 -0.347 125.300 -0.360
202312 0.129 130.000 0.129

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.


Zinc Media Group  (FRA:YE42) 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.


Zinc Media Group Cyclically Adjusted Price-to-FCF Related Terms

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Zinc Media Group (FRA:YE42) Business Description

Traded in Other Exchanges
Address
17 Dominion Street, 1st Floor, London, GBR, EC2M 2EF
Zinc Media Group PLC is a multimedia producer of TV programming with publishing and communications content. The activities undertaken by the TV segment include the production of television content. The Content Production segment includes brand and corporate film production, radio and podcast production and publishing. The majority of its revenue is earned from TV production. The Group comprises twelve businesses that operate in two areas: television production (Tern TV, Brook Lapping, Red Sauce, Supercollider, Rex, Bumblebee and Atomic TV) and content production for brands and businesses (The Edge and the Zinc Communicate businesses in Brand Entertainment, Audio, Corporate Film and Publishing). Geographically, the majority is from the United Kingdom.

Zinc Media Group (FRA:YE42) Headlines

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