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E Media Holdings (JSE:EMH) Cyclically Adjusted Price-to-FCF : 11.96 (As of Jun. 10, 2024)


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What is E Media Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), E Media Holdings's current share price is R3.35. E Media Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 was R0.28. E Media Holdings's Cyclically Adjusted Price-to-FCF for today is 11.96.

The historical rank and industry rank for E Media Holdings's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

JSE:EMH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.51   Med: 11.03   Max: 50
Current: 11.91

During the past 13 years, E Media Holdings's highest Cyclically Adjusted Price-to-FCF was 50.00. The lowest was 6.51. And the median was 11.03.

JSE:EMH's Cyclically Adjusted Price-to-FCF is ranked better than
58.2% of 366 companies
in the Media - Diversified industry
Industry Median: 16.02 vs JSE:EMH: 11.91

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.

E Media Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Mar23 was R-0.548. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is R0.28 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


E Media Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for E Media Holdings'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.

* Premium members only.

E Media Holdings Cyclically Adjusted Price-to-FCF Chart

E Media Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.53 28.64 7.62 7.80 12.83

E Media Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Cyclically Adjusted Price-to-FCF 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 - 7.80 - 12.83 -

Competitive Comparison of E Media Holdings's Cyclically Adjusted Price-to-FCF

For the Entertainment subindustry, E Media Holdings'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.


E Media Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

* The bar in red indicates where E Media Holdings's Cyclically Adjusted Price-to-FCF falls into.



E Media Holdings 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.

E Media Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.35/0.28
=11.96

* 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.

E Media Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, E Media Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=-0.548/147.5864*147.5864
=-0.548

Current CPI (Mar23) = 147.5864.

E Media Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 2.393 94.723 3.729
201503 -1.015 98.538 -1.520
201603 -0.020 104.969 -0.028
201703 0.406 111.400 0.538
201803 -0.131 115.542 -0.167
201903 0.224 120.774 0.274
202003 0.061 125.679 0.072
202103 -0.197 129.628 -0.224
202203 0.643 137.594 0.690
202303 -0.548 147.586 -0.548

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.


E Media Holdings  (JSE:EMH) 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.


E Media Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


E Media Holdings (JSE:EMH) Business Description

Traded in Other Exchanges
Address
4 Albury Road, Dunkeld West, Hyde Park, Randburg, Johannesburg, GT, ZAF, 2196
E Media Holdings Ltd is a South Africa-based investment holding company. Through its subsidiaries, it is primarily engaged in the media and entertainment business. The company product portfolio includes products and services like is involved in E.TV a free-to-air commercial television channel; eNCA, a 24-hour news channel; OpenView HD and YFM, a radio station that targets the youth market. In addition, the company also provides property and facilities services, including broadcast and television studios, post-production facilities, equipment rental, and sales; as well as holds investments in the television broadcasting and content creation sectors. The company's majority of its revenue is earned from the South African market.

E Media Holdings (JSE:EMH) Headlines

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