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Postmedia Network Canada (TSX:PNC.A) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


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What is Postmedia Network Canada Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Postmedia Network Canada Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Postmedia Network Canada'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.

Postmedia Network Canada Cyclically Adjusted Price-to-FCF Chart

Postmedia Network Canada Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.15 0.19 0.29 0.89

Postmedia Network Canada Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - 0.89 0.89 -

Competitive Comparison of Postmedia Network Canada's Cyclically Adjusted Price-to-FCF

For the Publishing subindustry, Postmedia Network Canada'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.


Postmedia Network Canada's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

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



Postmedia Network Canada 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.

Postmedia Network Canada's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Postmedia Network Canada's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.008/125.4675*125.4675
=0.008

Current CPI (Feb. 2024) = 125.4675.

Postmedia Network Canada Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 34.481 99.394 43.526
201408 -67.612 99.315 -85.416
201411 2.545 99.078 3.223
201502 -5.015 99.078 -6.351
201505 24.544 100.263 30.714
201508 -3.148 100.579 -3.927
201511 -1.942 100.421 -2.426
201602 -4.251 100.421 -5.311
201605 -0.374 101.765 -0.461
201608 -5.321 101.686 -6.565
201611 -0.236 101.607 -0.291
201702 0.120 102.476 0.147
201705 -0.148 103.108 -0.180
201708 -0.004 103.108 -0.005
201711 -0.030 103.740 -0.036
201802 0.016 104.688 0.019
201805 0.007 105.399 0.008
201808 0.257 106.031 0.304
201811 -0.059 105.478 -0.070
201902 0.067 106.268 0.079
201905 -0.007 107.927 -0.008
201908 0.027 108.085 0.031
201911 0.015 107.769 0.017
202002 0.031 108.559 0.036
202005 0.225 107.532 0.263
202008 0.175 108.243 0.203
202011 0.080 108.796 0.092
202102 0.076 109.745 0.087
202105 0.103 111.404 0.116
202108 0.107 112.668 0.119
202111 -0.066 113.932 -0.073
202202 -0.097 115.986 -0.105
202205 -0.052 120.016 -0.054
202208 -0.068 120.569 -0.071
202211 -0.085 121.675 -0.088
202302 -0.019 122.070 -0.020
202305 -0.059 124.045 -0.060
202308 -0.088 125.389 -0.088
202311 -0.054 125.468 -0.054
202402 0.008 125.468 0.008

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.


Postmedia Network Canada  (TSX:PNC.A) 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.


Postmedia Network Canada Cyclically Adjusted Price-to-FCF Related Terms

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Postmedia Network Canada (TSX:PNC.A) Business Description

Traded in Other Exchanges
Address
365 Bloor Street East, Legal Department, 12th Floor, Toronto, ON, CAN, M4W 3L4
Postmedia Network Canada Corp is a holding company. It operates through the Newsmedia segment. The company's business consists of news and information gathering and dissemination operations, with products offered in local, regional and metropolitan markets in Canada through multiple print, online and mobile platforms. Postmedia's operations include an extensive distribution network, which also offers distribution services, for advertising flyers and parcels. The combination of these distribution platforms provides audiences with a variety of media through which to access and interact with Postmedia's content. The breadth of the company's reach and the diversity of its content enable advertisers to reach target audiences on a local, regional or national scale.

Postmedia Network Canada (TSX:PNC.A) Headlines

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