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New York Times Co (New York Times Co) Cyclically Adjusted FCF per Share : $1.05 (As of Mar. 2024)


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What is New York Times Co 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.

New York Times Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.282. 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 $1.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, New York Times Co's average Cyclically Adjusted FCF Growth Rate was 18.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 22.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 9.70% 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 New York Times Co was 22.40% per year. The lowest was -27.10% per year. And the median was 7.30% per year.

As of today (2024-06-01), New York Times Co's current stock price is $51.20. New York Times Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.05. New York Times Co's Cyclically Adjusted Price-to-FCF of today is 48.76.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of New York Times Co was 96.89. The lowest was 16.87. And the median was 44.95.


New York Times Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for New York Times Co'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.

New York Times Co Cyclically Adjusted FCF per Share Chart

New York Times Co 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 0.47 0.54 0.70 0.77 0.99

New York Times 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 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 0.89 0.89 0.93 0.99 1.05

Competitive Comparison of New York Times Co's Cyclically Adjusted FCF per Share

For the Publishing subindustry, New York Times 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.


New York Times Co's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

* The bar in red indicates where New York Times Co's Cyclically Adjusted Price-to-FCF falls into.



New York Times Co 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, New York Times 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)
=0.282/131.7762*131.7762
=0.282

Current CPI (Mar. 2024) = 131.7762.

New York Times Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.030 100.560 0.039
201409 0.137 100.428 0.180
201412 0.180 99.070 0.239
201503 0.014 99.621 0.019
201506 0.291 100.684 0.381
201509 0.213 100.392 0.280
201512 0.400 99.792 0.528
201603 -0.140 100.470 -0.184
201606 0.303 101.688 0.393
201609 0.231 101.861 0.299
201612 0.059 101.863 0.076
201703 0.136 102.862 0.174
201706 0.342 103.349 0.436
201709 0.134 104.136 0.170
201712 -0.594 104.011 -0.753
201803 -0.042 105.290 -0.053
201806 0.234 106.317 0.290
201809 0.133 106.507 0.165
201812 0.150 105.998 0.186
201903 0.088 107.251 0.108
201906 0.157 108.070 0.191
201909 0.284 108.329 0.345
201912 0.333 108.420 0.405
202003 0.141 108.902 0.171
202006 0.437 108.767 0.529
202009 0.478 109.815 0.574
202012 0.511 109.897 0.613
202103 0.158 111.754 0.186
202106 0.411 114.631 0.472
202109 0.534 115.734 0.608
202112 0.288 117.630 0.323
202203 -0.138 121.301 -0.150
202206 0.122 125.017 0.129
202209 0.361 125.227 0.380
202212 0.340 125.222 0.358
202303 0.271 127.348 0.280
202306 0.389 128.729 0.398
202309 0.596 129.860 0.605
202312 0.784 129.419 0.798
202403 0.282 131.776 0.282

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


New York Times Co  (NYSE:NYT) 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.

New York Times Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=51.20/1.05
=48.76

* 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 New York Times Co was 96.89. The lowest was 16.87. And the median was 44.95.


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.


New York Times Co Cyclically Adjusted FCF per Share Related Terms

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


New York Times Co (New York Times Co) Business Description

Traded in Other Exchanges
Address
620 Eighth Avenue, New York, NY, USA, 10018
New York Times Co is an American media company known for publishing its flagship newspaper, The New York Times. The company also operates the International New York Times newspaper, as well as digital properties such as nytimes and various smartphone applications. Circulation of The New York Times is the source of revenue for the company, followed by print and digital advertising and its paid digital-only subscription to The New York Times. The company has a daily print circulation of over 3,00,000 and 7,40,000 on Sundays. The source of growth for The New York Times is its digital subscription service, which has over 1,000,000 paid users.
Executives
Arthur G. Sulzberger director, officer: Publisher, The New York Times THE NEW YORK TIMES COMPANY, 620 8TH AVENUE, NEW YORK NY 10018
Diane Brayton officer: EVP, GENERAL COUNSEL & SEC THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
R Anthony Benten officer: SVP, Treasurer & Controller C/O THE NEW YORK TIMES CO, 229 WEST 43RD ST, NEW YORK NY 10036
Kopit Levien Meredith A. officer: EVP & Chief Operating Officer THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
William Bardeen officer: Chief Financial Officer 620 EIGHTH AVENUE, NEW YORK NY 10018
Roland A. Caputo officer: Interim CFO and EVP THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
David S. Perpich director THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
Manuel Bronstein director 970 PARK PLACE, SUITE 100, SAN MATEO CA 94403
Beth A. Brooke director C/O EHEALTH, INC., 2625 AUGUSTINE DRIVE, SECOND FLOOR, SANTA CLARA CA 95054
Jacqueline M Welch officer: EVP and CHRO THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
Arthur S. Golden director THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
Mark Thompson director, officer: PRESIDENT & CEO THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
Arthur Jr Sulzberger director, officer: Chairman and Publisher THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
Doreen A Toben director 140 WEST STREET, 29TH FLOOR, NEW YORK NY 10007
Robert E Denham director MUNGER, TOLLES & OLSON LLP, 355 S. GRAND AVENUE, 35TH FLOOR, LOS ANGELES CA 90071