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Swisscom AG (LTS:0QKI) Cyclically Adjusted Price-to-FCF : 15.37 (As of Jun. 10, 2024)


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What is Swisscom AG Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Swisscom AG's current share price is CHF502.50. Swisscom AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was CHF32.69. Swisscom AG's Cyclically Adjusted Price-to-FCF for today is 15.37.

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

LTS:0QKI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.09   Med: 15.34   Max: 19.13
Current: 15.59

During the past years, Swisscom AG's highest Cyclically Adjusted Price-to-FCF was 19.13. The lowest was 10.09. And the median was 15.34.

LTS:0QKI's Cyclically Adjusted Price-to-FCF is ranked worse than
57.59% of 191 companies
in the Telecommunication Services industry
Industry Median: 12.99 vs LTS:0QKI: 15.59

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.

Swisscom AG's adjusted free cash flow per share data for the three months ended in Mar. 2024 was CHF5.615. 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 CHF32.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Swisscom AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Swisscom AG'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.

Swisscom AG Cyclically Adjusted Price-to-FCF Chart

Swisscom AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.65 15.67 16.72 16.15 15.87

Swisscom AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 18.19 17.64 17.06 15.87 17.08

Competitive Comparison of Swisscom AG's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Swisscom AG'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.


Swisscom AG's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

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

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



Swisscom AG 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.

Swisscom AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=502.50/32.69
=15.37

* 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.

Swisscom AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Swisscom AG'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)
=5.615/107.3549*107.3549
=5.615

Current CPI (Mar. 2024) = 107.3549.

Swisscom AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 6.370 101.517 6.736
201409 10.960 101.247 11.621
201412 4.015 100.704 4.280
201503 4.308 100.339 4.609
201506 5.001 100.464 5.344
201509 12.549 99.785 13.501
201512 5.949 99.386 6.426
201603 1.275 99.475 1.376
201606 8.789 100.088 9.427
201609 11.286 99.604 12.164
201612 3.859 99.380 4.169
201703 5.135 100.040 5.510
201706 9.851 100.285 10.545
201709 10.649 100.254 11.403
201712 7.410 100.213 7.938
201803 3.593 100.836 3.825
201806 5.582 101.435 5.908
201809 8.665 101.246 9.188
201812 7.571 100.906 8.055
201903 6.137 101.571 6.486
201906 3.705 102.044 3.898
201909 12.179 101.396 12.895
201912 8.684 101.063 9.225
202003 4.984 101.048 5.295
202006 12.024 100.743 12.813
202009 10.231 100.585 10.920
202012 11.000 100.241 11.781
202103 7.029 100.800 7.486
202106 8.420 101.352 8.919
202109 11.294 101.533 11.942
202112 7.526 101.776 7.939
202203 2.857 103.205 2.972
202206 5.583 104.783 5.720
202209 14.398 104.835 14.744
202212 7.796 104.666 7.996
202303 5.867 106.245 5.928
202306 6.237 106.576 6.283
202309 12.184 106.570 12.274
202312 9.631 106.461 9.712
202403 5.615 107.355 5.615

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.


Swisscom AG  (LTS:0QKI) 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.


Swisscom AG Cyclically Adjusted Price-to-FCF Related Terms

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


Swisscom AG (LTS:0QKI) Business Description

Address
Alte Tiefenaustrasse 6, 3048 Worblaufen, Ittigen, Bern, CHE, CH-3050
Swisscom is the incumbent telecom operator in Switzerland, with a high market share in mobile and fixed-line markets. It charges high prices compared with its competitors and other European peers due to the historical stability of the Swiss telecom market and a favorable regulatory environment. It also owns Fastweb in Italy, which has a broadband network and operates as a wireless reseller.

Swisscom AG (LTS:0QKI) Headlines

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