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Meredith (Meredith) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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What is Meredith Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Meredith Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Meredith'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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Meredith Cyclically Adjusted Price-to-FCF Chart

Meredith Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Cyclically Adjusted Price-to-FCF
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Meredith Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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Competitive Comparison of Meredith's Cyclically Adjusted Price-to-FCF

For the Publishing subindustry, Meredith'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.


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

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

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



Meredith 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.

Meredith's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2021 is calculated as:

For example, Meredith's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2021 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2021 (Change)*Current CPI (Sep. 2021)
=0.731/115.7343*115.7343
=0.731

Current CPI (Sep. 2021) = 115.7343.

Meredith Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201112 1.169 95.213 1.421
201203 0.724 96.783 0.866
201206 1.586 96.819 1.896
201209 0.109 97.633 0.129
201212 1.376 96.871 1.644
201303 0.615 98.209 0.725
201306 1.517 98.518 1.782
201309 -0.225 98.790 -0.264
201312 1.307 98.326 1.538
201403 0.561 99.695 0.651
201406 1.732 100.560 1.993
201409 0.204 100.428 0.235
201412 1.178 99.070 1.376
201503 0.899 99.621 1.044
201506 1.228 100.684 1.412
201509 0.022 100.392 0.025
201512 0.856 99.792 0.993
201603 2.658 100.470 3.062
201606 0.908 101.688 1.033
201609 0.728 101.861 0.827
201612 1.613 101.863 1.833
201703 1.216 102.862 1.368
201706 0.485 103.349 0.543
201709 0.658 104.136 0.731
201712 0.908 104.011 1.010
201803 -0.396 105.290 -0.435
201806 0.960 106.317 1.045
201809 -0.965 106.507 -1.049
201812 1.816 105.998 1.983
201903 1.787 107.251 1.928
201906 1.656 108.070 1.773
201909 -0.645 108.329 -0.689
201912 1.416 108.420 1.512
202003 2.184 108.902 2.321
202006 2.490 108.767 2.649
202009 1.513 109.815 1.595
202012 3.765 109.897 3.965
202103 1.463 111.754 1.515
202106 1.087 114.631 1.097
202109 0.731 115.734 0.731

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.


Meredith  (NYSE:MDP) 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.


Meredith Cyclically Adjusted Price-to-FCF Related Terms

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


Meredith (Meredith) Business Description

Traded in Other Exchanges
N/A
Address
1716 Locust Street, Des Moines, IA, USA, 50309-3023
Meredith Corp is an American media company that focuses on publications and marketing services around the home, family, food, and lifestyle markets. The company operates two divisions: national media and local media. The national media segment publishes magazines such as Every Day with Rachael Ray, Better Homes and Gardens, Family Fun, and Parents; this segment is the source of the majority of Meredith's revenue. The local media segment owns over 15 television stations around the United States. In 2014, the company announced a 10-year licensing agreement with Martha Stewart Omnimedia to acquire the rights to Martha Stewart Living, Martha Stewart Weddings, and marthastewart.com.
Executives
John S Zieser officer: Chief Development Officer 1716 LOCUST STREET, LS 101-A; ATTN TERESA T. RINKER, DES MOINES IA 50309-3023
Steven M Cappaert officer: Corporate Controller
Thomas H Harty director, officer: President and CEO MEREDITH CORPORATION 1716 LOCUST ST., MAIL STOP LS101-A DES MOINES IA 50309
Patrick Mccreery officer: President-Local Media Group C/O MEREDITH CORP 1716 LOCUST STREET DES MOINES IA 50309
Jason M. Frierott officer: Chief Financial Officer C/O TRANSPORTATION SYSTEMS HOLDINGS INC. 901 MAIN AVENUE NORWALK CT 06851
Gregory Coleman director C/O MEREDITH CORP., 1716 LOCUST STREET, DES MOINES IA 50309
Donald C Berg director PO BOX 1080, LOUISVILLE KY 40201
Stephen M Lacy director 1716 LOCUST STREET, LS 101-A; ATTN TERESA T. RINKER, DES MOINES IA 50309-3023
Beth J Kaplan director 1716 LOCUST STREET, DES MOINES IA 50309
Joseph H Ceryanec officer: Chief Financial Officer PO BOX 3177 CEDAR RAPIDS IA 52406-3177
Meredith Edwin T Iv 10 percent owner
Elizabeth E Tallett director 6705 ROCKLEDGE DR, SUITE 900, BETHESDA MD 20817
Iii Chris Roberts director 1716 LOCUST ST. LS-175, 7TH FLOOR, DES MOINES IA 50309
Paula Kerger director C/O MEREDITH CORP 1716 LOCUST STREET DES MOINES IA 50309
Donald A Baer director 1716 LOCUST STREET DES MOINES IA 50309