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Yellow Pages (TSX:Y) Cyclically Adjusted Price-to-FCF : 2.64 (As of May. 20, 2024)


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What is Yellow Pages Cyclically Adjusted Price-to-FCF?

As of today (2024-05-20), Yellow Pages's current share price is C$9.54. Yellow Pages's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$3.62. Yellow Pages's Cyclically Adjusted Price-to-FCF for today is 2.64.

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

TSX:Y' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.63   Med: 3.11   Max: 3.7
Current: 2.63

During the past years, Yellow Pages's highest Cyclically Adjusted Price-to-FCF was 3.70. The lowest was 2.63. And the median was 3.11.

TSX:Y's Cyclically Adjusted Price-to-FCF is ranked better than
90.36% of 363 companies
in the Media - Diversified industry
Industry Median: 16.26 vs TSX:Y: 2.63

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.

Yellow Pages's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$0.325. 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 C$3.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yellow Pages Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Yellow Pages'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.

Yellow Pages Cyclically Adjusted Price-to-FCF Chart

Yellow Pages 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 - 3.09 3.26 3.23 3.18

Yellow Pages 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 3.23 3.15 3.23 3.18 2.72

Competitive Comparison of Yellow Pages's Cyclically Adjusted Price-to-FCF

For the Publishing subindustry, Yellow Pages'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.


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

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

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



Yellow Pages 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.

Yellow Pages's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.54/3.62
=2.64

* 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.

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

For example, Yellow Pages'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)
=0.325/126.2576*126.2576
=0.325

Current CPI (Mar. 2024) = 126.2576.

Yellow Pages Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.250 99.473 1.587
201409 1.116 99.394 1.418
201412 -0.115 98.367 -0.148
201503 1.332 99.789 1.685
201506 0.515 100.500 0.647
201509 1.027 100.421 1.291
201512 0.772 99.947 0.975
201603 0.262 101.054 0.327
201606 0.587 102.002 0.727
201609 2.102 101.765 2.608
201612 0.279 101.449 0.347
201703 0.042 102.634 0.052
201706 0.941 103.029 1.153
201709 0.724 103.345 0.885
201712 0.088 103.345 0.108
201803 0.962 105.004 1.157
201806 0.671 105.557 0.803
201809 1.008 105.636 1.205
201812 1.162 105.399 1.392
201903 0.947 106.979 1.118
201906 0.791 107.690 0.927
201909 1.478 107.611 1.734
201912 0.929 107.769 1.088
202003 0.791 107.927 0.925
202006 0.919 108.401 1.070
202009 1.164 108.164 1.359
202012 1.042 108.559 1.212
202103 0.659 110.298 0.754
202106 1.018 111.720 1.150
202109 0.876 112.905 0.980
202112 1.034 113.774 1.147
202203 0.111 117.646 0.119
202206 0.920 120.806 0.962
202209 0.769 120.648 0.805
202212 -0.088 120.964 -0.092
202303 0.490 122.702 0.504
202306 1.041 124.203 1.058
202309 0.535 125.230 0.539
202312 0.332 125.072 0.335
202403 0.325 126.258 0.325

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.


Yellow Pages  (TSX:Y) 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.


Yellow Pages Cyclically Adjusted Price-to-FCF Related Terms

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


Yellow Pages (TSX:Y) Business Description

Traded in Other Exchanges
Address
1751 Richardson Street, Suite 2.300, Montreal, QC, CAN, H3K 1G6
Yellow Pages Ltd is a media and marketing solutions company in Canada, It offers local and national businesses access to digital and print media and marketing solutions to reach consumers in all the provinces and territories of Canada.
Executives
Goldentree Asset Management Lp 10% Security Holder

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