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ABS-CBN (PHS:ABS) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is ABS-CBN Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


ABS-CBN Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ABS-CBN'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.

ABS-CBN Cyclically Adjusted Price-to-FCF Chart

ABS-CBN 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 9.90 136.14 - - -

ABS-CBN 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 - - - - -

Competitive Comparison of ABS-CBN's Cyclically Adjusted Price-to-FCF

For the Entertainment subindustry, ABS-CBN'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.


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

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

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



ABS-CBN 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.

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

For example, ABS-CBN'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)
=0.814/131.7762*131.7762
=0.814

Current CPI (Mar. 2024) = 131.7762.

ABS-CBN Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.677 100.560 -0.887
201409 0.812 100.428 1.065
201412 -2.238 99.070 -2.977
201503 -0.475 99.621 -0.628
201506 0.148 100.684 0.194
201509 2.768 100.392 3.633
201512 -1.381 99.792 -1.824
201603 0.364 100.470 0.477
201606 2.764 101.688 3.582
201609 0.630 101.861 0.815
201612 -1.488 101.863 -1.925
201703 -0.867 102.862 -1.111
201706 0.221 103.349 0.282
201709 0.401 104.136 0.507
201712 -0.211 104.011 -0.267
201803 0.129 105.290 0.161
201806 -0.514 106.317 -0.637
201809 -0.199 106.507 -0.246
201812 -0.090 105.998 -0.112
201903 0.632 107.251 0.777
201906 2.081 108.070 2.537
201909 1.339 108.329 1.629
201912 -1.077 108.420 -1.309
202003 0.595 108.902 0.720
202006 -0.645 108.767 -0.781
202009 -2.751 109.815 -3.301
202012 -6.437 109.897 -7.719
202103 -1.972 111.754 -2.325
202106 -0.087 114.631 -0.100
202109 -1.330 115.734 -1.514
202112 0.424 117.630 0.475
202203 0.925 121.301 1.005
202206 0.297 125.017 0.313
202209 -1.711 125.227 -1.800
202212 -0.443 125.222 -0.466
202303 0.429 127.348 0.444
202306 -0.316 128.729 -0.323
202309 -0.308 129.860 -0.313
202312 -0.588 129.419 -0.599
202403 0.814 131.776 0.814

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.


ABS-CBN  (PHS:ABS) 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.


ABS-CBN Cyclically Adjusted Price-to-FCF Related Terms

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


ABS-CBN (PHS:ABS) Business Description

Traded in Other Exchanges
N/A
Address
Mother Ignacia Street, Sgt. Esguerra Avenue Corner, ABS-CBN Broadcasting Center, Diliman, Quezon, QUE, PHL, 1100
ABS-CBN Corp is one of the media companies in the Philippines. It operates national television networks, radio channels, and international television channels. The company's operating segment includes Content Creation, Production, and Distribution; Cable, satellite, and broadband. It generates maximum revenue from the Content Production and Distribution segment. Geographically, it derives a majority of revenue from the Philippines. ABS-CBN continues to be a supplier of Filipino entertainment, news, and current affairs programs for free TV, cable, and satellite channels and online platforms both in the Philippines and across world.

ABS-CBN (PHS:ABS) Headlines

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