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Mobile TeleSystems PJSC (MIC:MTSS) Cyclically Adjusted FCF per Share : ₽37.84 (As of Mar. 2023)


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What is Mobile TeleSystems 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.

Mobile TeleSystems PJSC's adjusted free cash flow per share for the three months ended in Mar. 2023 was ₽6.363. 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 ₽37.84 for the trailing ten years ended in Mar. 2023.

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.

As of today (2024-05-15), Mobile TeleSystems PJSC's current stock price is ₽313.10. Mobile TeleSystems PJSC's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2023 was ₽37.84. Mobile TeleSystems PJSC's Cyclically Adjusted Price-to-FCF of today is 8.27.


Mobile TeleSystems PJSC Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Mobile TeleSystems 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.

Mobile TeleSystems PJSC Cyclically Adjusted FCF per Share Chart

Mobile TeleSystems PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.44 33.50 35.44 36.28 -

Mobile TeleSystems PJSC Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23
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 36.28 35.76 36.10 - 37.84

Competitive Comparison of Mobile TeleSystems PJSC's Cyclically Adjusted FCF per Share

For the Telecom Services subindustry, Mobile TeleSystems 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.


Mobile TeleSystems PJSC's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Mobile TeleSystems PJSC's Cyclically Adjusted Price-to-FCF falls into.



Mobile TeleSystems 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, Mobile TeleSystems PJSC's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=6.363/235.8000*235.8000
=6.363

Current CPI (Mar. 2023) = 235.8000.

Mobile TeleSystems PJSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201303 11.951 119.500 23.582
201306 12.939 121.400 25.132
201309 13.894 122.800 26.679
201312 0.332 124.900 0.627
201403 17.084 127.800 31.521
201406 7.718 130.900 13.903
201409 8.744 132.700 15.538
201412 0.166 139.000 0.282
201503 3.340 149.400 5.272
201506 2.354 150.900 3.678
201509 4.311 153.500 6.622
201512 8.861 157.000 13.308
201603 9.112 160.200 13.412
201606 1.643 162.200 2.389
201609 11.601 163.300 16.751
201612 -0.038 165.400 -0.054
201703 11.206 167.000 15.823
201706 8.304 169.200 11.573
201709 7.574 168.200 10.618
201712 7.750 169.600 10.775
201803 9.313 171.000 12.842
201806 6.693 173.100 9.117
201809 10.105 173.900 13.702
201812 7.127 176.800 9.505
201903 -18.110 179.900 -23.737
201906 -0.985 181.200 -1.282
201909 24.440 180.800 31.875
201912 3.385 182.200 4.381
202003 10.870 184.500 13.892
202006 2.515 187.000 3.171
202009 12.011 187.400 15.113
202012 7.579 191.100 9.352
202103 -8.694 195.200 -10.502
202106 4.757 199.100 5.634
202109 3.879 201.300 4.544
202112 18.583 207.200 21.148
202203 -16.742 227.800 -17.330
202206 13.395 230.800 13.685
202212 0.000 231.900 0.000
202303 6.363 235.800 6.363

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


Mobile TeleSystems PJSC  (MIC:MTSS) 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.

Mobile TeleSystems PJSC's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=313.10/37.84
=8.27

* 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.


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.


Mobile TeleSystems PJSC Cyclically Adjusted FCF per Share Related Terms

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


Mobile TeleSystems PJSC (MIC:MTSS) Business Description

Traded in Other Exchanges
N/A
Address
4 Marksistskaya Street, Moscow, RUS, 109147
Mobile TeleSystems PJSC is a wireless telephone operator in Russia. The company is a large provider of fixed-line broadband and pay-TV services in the country, with a strong fixed-line presence in Moscow. The company's segment includes Telecom; Fintech and others. It generates maximum revenue from the Telecom segment.

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