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The Walt Disney Co (BSP:DISB34) Cyclically Adjusted Price-to-FCF : 26.54 (As of Jun. 05, 2024)


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

As of today (2024-06-05), The Walt Disney Co's current share price is R$36.36. The Walt Disney Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$1.37. The Walt Disney Co's Cyclically Adjusted Price-to-FCF for today is 26.54.

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:

BSP:DISB34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.73   Med: 32.52   Max: 50.95
Current: 25.19

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.

BSP:DISB34's Cyclically Adjusted Price-to-FCF is ranked worse than
67.67% of 365 companies
in the Media - Diversified industry
Industry Median: 16.16 vs BSP:DISB34: 25.19

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 Mar. 2024 was R$0.436. 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 R$1.37 for the trailing ten years ended in Mar. 2024.

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
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 25.11 22.75 20.17 22.50 29.99

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
=36.36/1.37
=26.54

* 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 Mar. 2024 is calculated as:

For example, The Walt Disney Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.436/131.7762*131.7762
=0.436

Current CPI (Mar. 2024) = 131.7762.

The Walt Disney Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.175 100.560 0.229
201409 0.183 100.428 0.240
201412 0.088 99.070 0.117
201503 0.246 99.621 0.325
201506 0.200 100.684 0.262
201509 0.399 100.392 0.524
201512 0.163 99.792 0.215
201603 0.357 100.470 0.468
201606 0.349 101.688 0.452
201609 0.328 101.861 0.424
201612 0.056 101.863 0.072
201703 0.307 102.862 0.393
201706 0.460 103.349 0.587
201709 0.361 104.136 0.457
201712 0.181 104.011 0.229
201803 0.501 105.290 0.627
201806 0.413 106.317 0.512
201809 0.485 106.507 0.600
201812 0.156 105.998 0.194
201903 0.447 107.251 0.549
201906 -0.364 108.070 -0.444
201909 0.108 108.329 0.131
201912 0.041 108.420 0.050
202003 0.347 108.902 0.420
202006 0.086 108.767 0.104
202009 0.186 109.815 0.223
202012 -0.127 109.897 -0.152
202103 0.127 111.754 0.150
202106 0.096 114.631 0.110
202109 0.293 115.734 0.334
202112 -0.244 117.630 -0.273
202203 0.125 121.301 0.136
202206 0.034 125.017 0.036
202209 0.263 125.227 0.277
202212 -0.412 125.222 -0.434
202303 0.377 127.348 0.390
202306 0.290 128.729 0.297
202309 0.616 129.860 0.625
202312 0.158 129.419 0.161
202403 0.436 131.776 0.436

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  (BSP:DISB34) 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 (BSP:DISB34) 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 (BSP:DISB34) Headlines

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