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iHeartMedia (iHeartMedia) Cyclically Adjusted FCF per Share : $-0.22 (As of Dec. 2023)


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What is iHeartMedia Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

iHeartMedia's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.947. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-0.22 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 24.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of iHeartMedia was 24.90% per year. The lowest was -26.90% per year. And the median was 15.10% per year.

As of today (2024-04-28), iHeartMedia's current stock price is $2.14. iHeartMedia's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-0.22. iHeartMedia's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of iHeartMedia was 1061.00. The lowest was 150.50. And the median was 224.88.


iHeartMedia Cyclically Adjusted FCF per Share Historical Data

The historical data trend for iHeartMedia's Cyclically Adjusted FCF per Share 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.

iHeartMedia Cyclically Adjusted FCF per Share Chart

iHeartMedia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.52 -0.47 -0.47 -0.22

iHeartMedia Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 -0.47 -0.32 -0.17 -0.17 -0.22

Competitive Comparison of iHeartMedia's Cyclically Adjusted FCF per Share

For the Broadcasting subindustry, iHeartMedia'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.


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

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

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



iHeartMedia Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, iHeartMedia'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)
=0.947/129.4194*129.4194
=0.947

Current CPI (Dec. 2023) = 129.4194.

iHeartMedia Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.898 99.695 -2.464
201406 -0.340 100.560 -0.438
201409 -0.427 100.428 -0.550
201412 1.790 99.070 2.338
201503 -3.479 99.621 -4.520
201506 -0.853 100.684 -1.096
201509 -2.266 100.392 -2.921
201512 2.156 99.792 2.796
201603 -3.522 100.470 -4.537
201606 -0.096 101.688 -0.122
201609 -1.988 101.861 -2.526
201612 1.689 101.863 2.146
201703 -5.658 102.862 -7.119
201706 -1.299 103.349 -1.627
201709 -1.796 104.136 -2.232
201712 2.157 104.011 2.684
201803 1.605 105.290 1.973
201806 3.287 106.317 4.001
201809 2.322 106.507 2.822
201812 3.102 105.998 3.787
201903 0.771 107.251 0.930
201906 0.000 108.070 0.000
201909 0.000 108.329 0.000
201912 0.000 108.420 0.000
202003 0.480 108.902 0.570
202006 -0.045 108.767 -0.054
202009 0.098 109.815 0.115
202012 0.363 109.897 0.427
202103 0.361 111.754 0.418
202106 -0.020 114.631 -0.023
202109 0.302 115.734 0.338
202112 0.353 117.630 0.388
202203 -0.507 121.301 -0.541
202206 0.712 125.017 0.737
202209 0.423 125.227 0.437
202212 1.112 125.222 1.149
202303 -0.897 127.348 -0.912
202306 0.228 128.729 0.229
202309 0.452 129.860 0.450
202312 0.947 129.419 0.947

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


iHeartMedia  (NAS:IHRT) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of iHeartMedia was 1061.00. The lowest was 150.50. And the median was 224.88.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


iHeartMedia Cyclically Adjusted FCF per Share Related Terms

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


iHeartMedia (iHeartMedia) Business Description

Traded in Other Exchanges
Address
20880 Stone Oak Parkway, San Antonio, TX, USA, 78258
iHeartMedia Inc is a us-based diversified media and entertainment company. It operates through the segments of the Multiplatform Group, the Digital Audio Group, and the Audio & Media Services Group. The company derives prime revenue from the Multiplatform Group segment which includes the company's Broadcast radio, Networks and Sponsorships, and Events businesses. The Digital Audio Group segment includes all of the company's digital businesses, including podcasting; and the Audio & Media Services Group includes Katz Media Group, a full-service media representation business, and RCS Sound Software, a provider of scheduling and broadcast software and services.
Executives
Robert W Pittman director, officer: Chief Executive Officer C/O CENDANT, 9 WEST 57TH ST, NEW YORK NY 10019
Scott D Hamilton officer: See Remarks 200 EAST BASSE ROAD, SAN ANTONIO TX 78209
Michael B Mcguinness officer: EVP-Finance & Deputy CFO C/O THE HAIN CELESTIAL GROUP, INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
Richard J Bressler director, officer: President, COO and CFO 1515 BROADWAY, NEW YORK NY 10036
James A Rasulo director 20880 STONE OAK PARKWAY, SAN ANTONIO TX 78258
Global Media & Entertainment Investments Ltd 10 percent owner C/O RHONE, BLDG. 2, WESTERN BUS. CNTR., MT. PLEASANT VLG., WESTERN RD, SP63131, NASSAU C5 00000
Simon Groom 10 percent owner C/O GROOM HILL, 24 BOULEVARD PRINCESSE CHARLOTTE, MONACO O9 98000
Global Media & Entertainment Investments Trust 10 percent owner C/O GROOM HILL, 24 BOULEVARD PRINCESSE CHARLOTTE, MONACO O9 98000
Michael Tabor 10 percent owner C/O GROOM HILL, 24 BOULEVARD PRINCESSE CHARLOTTE, MONACO O9 98000
James W. Hill 10 percent owner C/O GROOM HILL, 24 BOULEVARD PRINCESSE CHARLOTTE, MONACO O9 98000
Samuel Eli Englebardt director C/O IHEARTMEDIA, INC., 20880 STONE OAK PARKWAY, SAN ANTONIO TX 78258
Silver Point Capital L.p. 10 percent owner TWO GREENWICH PLAZA, SUITE 1, GREENWICH CT 06830
Edward A Mule director, 10 percent owner C/O SILVER POINT CAPITAL L.P., TWO GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Robert J O'shea director, 10 percent owner C/O SILVER POINT CAPITAL L.P., TWO GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Jordan Fasbender officer: SEE BELOW C/O IHEARTMEDIA, INC., 20880 STONE OAK PARKWAY, SAN ANTONIO TX 78258

iHeartMedia (iHeartMedia) Headlines

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