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Telecomunicacoes Brasileiras (BSP:TELB3) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Telecomunicacoes Brasileiras Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Telecomunicacoes Brasileiras Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Telecomunicacoes Brasileiras'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.

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Telecomunicacoes Brasileiras Cyclically Adjusted Price-to-FCF Chart

Telecomunicacoes Brasileiras Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Telecomunicacoes Brasileiras Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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Competitive Comparison of Telecomunicacoes Brasileiras's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Telecomunicacoes Brasileiras'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.


Telecomunicacoes Brasileiras's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

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

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



Telecomunicacoes Brasileiras 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.

Telecomunicacoes Brasileiras's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Telecomunicacoes Brasileiras's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.836/155.4635*155.4635
=0.836

Current CPI (Sep. 2023) = 155.4635.

Telecomunicacoes Brasileiras Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.000 83.581 0.000
201312 0.000 88.522 0.000
201403 -26.586 90.447 -45.697
201406 -11.014 91.838 -18.645
201409 -3.675 92.602 -6.170
201412 -16.102 94.194 -26.576
201503 -5.362 97.799 -8.524
201506 -21.119 100.006 -32.830
201509 -3.762 101.392 -5.768
201512 -6.768 104.247 -10.093
201603 -19.628 106.979 -28.524
201606 -14.624 108.851 -20.886
201609 -9.304 109.986 -13.151
201612 -5.586 110.802 -7.838
201703 -1.476 111.869 -2.051
201706 -1.198 112.115 -1.661
201709 0.858 112.777 1.183
201712 -4.456 114.068 -6.073
201803 -2.961 114.868 -4.007
201806 -2.226 117.038 -2.957
201809 -2.237 117.881 -2.950
201812 -2.161 118.340 -2.839
201903 -1.721 120.124 -2.227
201906 -1.398 120.977 -1.797
201909 -1.250 121.292 -1.602
201912 -1.085 123.436 -1.367
202003 0.189 124.092 0.237
202006 -0.288 123.557 -0.362
202009 0.170 125.095 0.211
202012 1.249 129.012 1.505
202103 -0.608 131.660 -0.718
202106 -0.001 133.871 -0.001
202109 -0.015 137.913 -0.017
202112 2.176 141.992 2.382
202203 -0.092 146.537 -0.098
202206 -0.301 149.784 -0.312
202209 0.784 147.800 0.825
202212 0.581 150.207 0.601
202303 0.564 153.352 0.572
202309 0.836 155.464 0.836

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.


Telecomunicacoes Brasileiras  (BSP:TELB3) 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.


Telecomunicacoes Brasileiras Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Telecomunicacoes Brasileiras's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Telecomunicacoes Brasileiras (BSP:TELB3) Business Description

Traded in Other Exchanges
Address
Commercial Sector South - Quadra 09 - Bloco B, Rooms 301-405, Building Corporate Park City - Tower B, Brasilia, DF, BRA, 70308200
Telecomunicacoes Brasileiras SA is a Brazil-based company. Along with its subsidiaries, the firm offers telecommunication services in the areas of fixed line and mobile communication and internet access services. Its product portfolio includes IP (Internet Protocol) Telebras, Telebras Point-to-Point, and Telebras MPLS (Multiprotocol Label Switching) Network. The company also provides broadband services and infrastructure support services.

Telecomunicacoes Brasileiras (BSP:TELB3) Headlines

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