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Emirates Telecommunications Group Co PJSC (ADX:EAND) Cyclically Adjusted FCF per Share : د.إ1.37 (As of Mar. 2024)


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What is Emirates Telecommunications Group Co PJSC Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Emirates Telecommunications Group Co PJSC's adjusted free cash flow per share for the three months ended in Mar. 2024 was د.إ0.405. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is د.إ1.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Emirates Telecommunications Group Co PJSC's average Cyclically Adjusted FCF Growth Rate was 0.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Emirates Telecommunications Group Co PJSC was 11.80% per year. The lowest was 7.90% per year. And the median was 9.55% per year.

As of today (2024-05-14), Emirates Telecommunications Group Co PJSC's current stock price is د.إ16.54. Emirates Telecommunications Group Co PJSC's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was د.إ1.37. Emirates Telecommunications Group Co PJSC's Cyclically Adjusted Price-to-FCF of today is 12.07.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Emirates Telecommunications Group Co PJSC was 32.09. The lowest was 11.81. And the median was 18.46.


Emirates Telecommunications Group Co PJSC Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Emirates Telecommunications Group Co PJSC's Cyclically Adjusted FCF per Share 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.

Emirates Telecommunications Group Co PJSC Cyclically Adjusted FCF per Share Chart

Emirates Telecommunications Group Co PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 1.08 1.23 1.34 1.38

Emirates Telecommunications Group Co PJSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 1.36 1.39 1.39 1.38 1.37

Competitive Comparison of Emirates Telecommunications Group Co PJSC's Cyclically Adjusted FCF per Share

For the Telecom Services subindustry, Emirates Telecommunications Group Co PJSC'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.


Emirates Telecommunications Group Co PJSC's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Emirates Telecommunications Group Co PJSC's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Emirates Telecommunications Group Co PJSC's Cyclically Adjusted Price-to-FCF falls into.



Emirates Telecommunications Group Co PJSC Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Emirates Telecommunications Group Co PJSC'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)
=0.405/129.4194*129.4194
=0.405

Current CPI (Mar. 2024) = 129.4194.

Emirates Telecommunications Group Co PJSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.302 100.560 -0.389
201409 0.437 100.428 0.563
201412 0.423 99.070 0.553
201503 0.343 99.621 0.446
201506 -0.099 100.684 -0.127
201509 0.467 100.392 0.602
201512 0.452 99.792 0.586
201603 0.433 100.470 0.558
201606 -0.261 101.688 -0.332
201609 0.565 101.861 0.718
201612 0.225 101.863 0.286
201703 0.426 102.862 0.536
201706 -0.126 103.349 -0.158
201709 0.598 104.136 0.743
201712 0.510 104.011 0.635
201803 0.389 105.290 0.478
201806 -0.278 106.317 -0.338
201809 0.545 106.507 0.662
201812 0.567 105.998 0.692
201903 0.335 107.251 0.404
201906 -0.191 108.070 -0.229
201909 0.525 108.329 0.627
201912 0.557 108.420 0.665
202003 0.356 108.902 0.423
202006 -0.248 108.767 -0.295
202009 0.623 109.815 0.734
202012 0.635 109.897 0.748
202103 0.327 111.754 0.379
202106 -0.178 114.631 -0.201
202109 0.468 115.734 0.523
202112 0.504 117.630 0.555
202203 0.512 121.301 0.546
202206 -0.514 125.017 -0.532
202209 0.675 125.227 0.698
202212 0.603 125.222 0.623
202303 0.326 127.348 0.331
202306 -0.331 128.729 -0.333
202309 0.455 129.860 0.453
202312 0.462 129.419 0.462
202403 0.405 129.419 0.405

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Emirates Telecommunications Group Co PJSC  (ADX:EAND) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Emirates Telecommunications Group Co PJSC's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=16.54/1.37
=12.07

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Emirates Telecommunications Group Co PJSC was 32.09. The lowest was 11.81. And the median was 18.46.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Emirates Telecommunications Group Co PJSC Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Emirates Telecommunications Group Co PJSC's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Emirates Telecommunications Group Co PJSC (ADX:EAND) Business Description

Traded in Other Exchanges
N/A
Address
Sheikh Rashid Bin Saeed Al Maktoum Street, P.O. Box 3838, Etisalat Building, Intersection of Zayed The 1st Street, Abu Dhabi, ARE
Emirates Telecommunications Group Co PJSC is a telecommunications company. Through its subsidiaries, the company provides telecommunication and consulting services, media services, and equipment to over 15 countries in Asia and Africa. Etisalat specializes in fixed-line services, voice communication, wireless communication, and data communication services.

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