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National CineMedia (FRA:XWM0) Cyclically Adjusted FCF per Share : €0.00 (As of Mar. 2024)


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What is National CineMedia Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

National CineMedia's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.215. 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 €0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, National CineMedia's average Cyclically Adjusted FCF Growth Rate was -16.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -14.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -12.10% 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 National CineMedia was 4.90% per year. The lowest was -14.00% per year. And the median was -9.50% per year.

As of today (2024-06-06), National CineMedia's current stock price is €2.986. National CineMedia's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.00. National CineMedia's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of National CineMedia was 8.11. The lowest was 0.07. And the median was 2.48.


National CineMedia Cyclically Adjusted FCF per Share Historical Data

The historical data trend for National CineMedia'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.

National CineMedia Cyclically Adjusted FCF per Share Chart

National CineMedia 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 18.34 15.31 12.80 13.33 -

National CineMedia 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 10.29 12.66 8.39 - -

Competitive Comparison of National CineMedia's Cyclically Adjusted FCF per Share

For the Advertising Agencies subindustry, National CineMedia'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.


National CineMedia's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

* The bar in red indicates where National CineMedia's Cyclically Adjusted Price-to-FCF falls into.



National CineMedia 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, National CineMedia'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)
=0.215/131.7762*131.7762
=0.215

Current CPI (Mar. 2024) = 131.7762.

National CineMedia Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.694 100.560 3.530
201409 6.059 100.428 7.950
201412 4.010 99.070 5.334
201503 -0.408 99.621 -0.540
201506 1.061 100.684 1.389
201509 7.083 100.392 9.297
201512 5.829 99.792 7.697
201603 2.983 100.470 3.912
201606 2.704 101.688 3.504
201609 6.161 101.861 7.970
201612 5.908 101.863 7.643
201703 8.356 102.862 10.705
201706 1.257 103.349 1.603
201709 4.190 104.136 5.302
201712 3.392 104.011 4.297
201803 4.868 105.290 6.093
201806 1.443 106.317 1.789
201809 5.508 106.507 6.815
201812 1.507 105.998 1.873
201903 4.942 107.251 6.072
201906 1.071 108.070 1.306
201909 5.981 108.329 7.276
201912 2.974 108.420 3.615
202003 6.378 108.902 7.718
202006 5.396 108.767 6.537
202009 -2.492 109.815 -2.990
202012 -3.370 109.897 -4.041
202103 -2.890 111.754 -3.408
202106 -3.885 114.631 -4.466
202109 -3.374 115.734 -3.842
202112 -0.495 117.630 -0.555
202203 -2.723 121.301 -2.958
202206 -2.044 125.017 -2.155
202209 0.396 125.227 0.417
202212 -1.296 125.222 -1.364
202303 0.603 127.348 0.624
202306 -0.318 128.729 -0.326
202309 -0.409 129.860 -0.415
202312 0.133 129.419 0.135
202403 0.215 131.776 0.215

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


National CineMedia  (FRA:XWM0) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of National CineMedia was 8.11. The lowest was 0.07. And the median was 2.48.


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.


National CineMedia Cyclically Adjusted FCF per Share Related Terms

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


National CineMedia (FRA:XWM0) Business Description

Traded in Other Exchanges
Address
6300 South Syracuse Way, Suite 300, Centennial, CO, USA, 80111
National CineMedia Inc is a holding company that operates a digital in-theatre media network across North America. The company displays ads in movie theaters, online, and through mobile video. National CineMedia's most important operation is First Look, its prefeature programming that plays before a movie and related trailers start. The company also operates an online and mobile network in combination with movie theaters that include movie content, trailers, showtimes, and other features. The company derives revenue from the sale of advertising to national, regional and local businesses in Noovie show, cinema advertising and entertainment show seen on movie screens across the U.S.

National CineMedia (FRA:XWM0) Headlines

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