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Lumen Technologies (Lumen Technologies) Cyclically Adjusted Price-to-FCF : 0.39 (As of Apr. 30, 2024)


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What is Lumen Technologies Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Lumen Technologies's current share price is $1.19. Lumen Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.09. Lumen Technologies's Cyclically Adjusted Price-to-FCF for today is 0.39.

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

LUMN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.35   Med: 3.99   Max: 8.48
Current: 0.4

During the past years, Lumen Technologies's highest Cyclically Adjusted Price-to-FCF was 8.48. The lowest was 0.35. And the median was 3.99.

LUMN's Cyclically Adjusted Price-to-FCF is ranked better than
97.4% of 192 companies
in the Telecommunication Services industry
Industry Median: 12.885 vs LUMN: 0.40

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.

Lumen Technologies's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.038. 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 $3.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lumen Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lumen Technologies'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.

Lumen Technologies Cyclically Adjusted Price-to-FCF Chart

Lumen Technologies 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 3.43 2.64 3.27 1.45 0.59

Lumen Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.45 0.75 0.68 0.45 0.59

Competitive Comparison of Lumen Technologies's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Lumen Technologies'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.


Lumen Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

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

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



Lumen Technologies 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.

Lumen Technologies's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.19/3.09
=0.39

* 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.

Lumen Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Lumen Technologies's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.038/129.4194*129.4194
=-0.038

Current CPI (Dec. 2023) = 129.4194.

Lumen Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.234 99.695 1.602
201406 0.699 100.560 0.900
201409 1.262 100.428 1.626
201412 0.559 99.070 0.730
201503 1.278 99.621 1.660
201506 0.874 100.684 1.123
201509 1.275 100.392 1.644
201512 0.671 99.792 0.870
201603 1.503 100.470 1.936
201606 0.972 101.688 1.237
201609 0.305 101.861 0.388
201612 0.231 101.863 0.293
201703 0.512 102.862 0.644
201706 -0.267 103.349 -0.334
201709 0.378 104.136 0.470
201712 0.489 104.011 0.608
201803 0.806 105.290 0.991
201806 0.759 106.317 0.924
201809 1.029 106.507 1.250
201812 1.013 105.998 1.237
201903 0.235 107.251 0.284
201906 0.840 108.070 1.006
201909 0.866 108.329 1.035
201912 0.903 108.420 1.078
202003 0.300 108.902 0.357
202006 0.684 108.767 0.814
202009 0.742 109.815 0.874
202012 0.855 109.897 1.007
202103 0.741 111.754 0.858
202106 0.908 114.631 1.025
202109 0.973 115.734 1.088
202112 0.747 117.630 0.822
202203 0.786 121.301 0.839
202206 0.625 125.017 0.647
202209 0.273 125.227 0.282
202212 0.008 125.222 0.008
202303 -0.046 127.348 -0.047
202306 -0.911 128.729 -0.916
202309 0.039 129.860 0.039
202312 -0.038 129.419 -0.038

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.


Lumen Technologies  (NYSE:LUMN) 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.


Lumen Technologies Cyclically Adjusted Price-to-FCF Related Terms

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


Lumen Technologies (Lumen Technologies) Business Description

Address
100 CenturyLink Drive, Monroe, LA, USA, 71203
With 450,000 route miles of fiber, including over 35,000 route miles of subsea fiber connecting Europe, Asia, and Latin America, Lumen Technologies is one of the United States' largest telecommunications carriers serving global enterprises. Its merger with Level 3 in 2017 and divestiture of much of its incumbent local exchange carrier, or ILEC, business in 2022 has shifted the company's operations away from its legacy consumer business and toward enterprises (now nearly 80% of revenue). Lumen offers businesses a full menu of communications services, providing colocation and data center services, data transportation, and end-user phone and internet service. On the consumer side, Lumen provides broadband and phone service across 37 states, where it has 4.5 million broadband customers.
Executives
James Fowler director 100 CENTURYLINK DRIVE, MONROE LA 71203
Christopher Stansbury officer: EVP and CFO C/O ARROW ELECTRONICS, INC, 9201 EAST DRY CREEK ROAD, CENTENNIAL CO 80112
Kathleen E Johnson director, officer: President & CEO 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Quincy L Allen director 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Ashley Haynes-gaspar officer: EVP and Customer Exp Officer 100 CENTURYLINK DRIVE, MONROE LA 71203
Kevin P. Chilton director 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Laurie Siegel director C/O VOLT INFORMATION SCIENCES, INC., 1133 AVENUE OF THE AMERICAS, 15TH FLOOR, NEW YORK NY 10036
Peter C Brown director 909 WALNUT STE 200, KANSAS CITY MO 64106
Scott Trezise officer: EVP, Human Resources 100 CENTURYLINK DRIVE, MONROE LA 71203
Shaun C Andrews officer: Exec VP & Chief Mktg Officer 100 CENTURYLINK DRIVE, MONROE LA 71203
Sham Chotai officer: EVP, Product and IT 10201 TORRE AVENUE, SUITE 350, CUPERTINO CA 95014
Michael James Roberts director ONE MCDONALD'S PLAZA, OAK BROOK IL 60523
Steven T Clontz director 781 THIRD AVENUE, KING OF PRUSSIA PA 19406-1409
Martha Helena Bejar director C/O POLYCOM, INC., 6001 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Hal Jones director 1150 15TH STREET, NW, WASHINGTON DC 20071