GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Liberty Broadband Corp (NAS:LBRDK) » Definitions » Cyclically Adjusted Price-to-FCF

Liberty Broadband (Liberty Broadband) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Liberty Broadband Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Liberty Broadband Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Liberty Broadband'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.

Liberty Broadband Cyclically Adjusted Price-to-FCF Chart

Liberty Broadband 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 - - - - -

Liberty Broadband 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 - - - - -

Competitive Comparison of Liberty Broadband's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Liberty Broadband'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.


Liberty Broadband's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

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

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



Liberty Broadband 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.

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

For example, Liberty Broadband'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)
=-0.075/129.4194*129.4194
=-0.075

Current CPI (Dec. 2023) = 129.4194.

Liberty Broadband Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.504 99.695 0.654
201406 -0.168 100.560 -0.216
201409 -0.101 100.428 -0.130
201412 -0.234 99.070 -0.306
201503 0.147 99.621 0.191
201506 0.464 100.684 0.596
201509 -0.134 100.392 -0.173
201512 -0.139 99.792 -0.180
201603 -0.008 100.470 -0.010
201606 -0.049 101.688 -0.062
201609 0.014 101.861 0.018
201612 -0.038 101.863 -0.048
201703 -0.052 102.862 -0.065
201706 -0.009 103.349 -0.011
201709 -0.067 104.136 -0.083
201712 -0.035 104.011 -0.044
201803 -0.020 105.290 -0.025
201806 -0.016 106.317 -0.019
201809 -0.052 106.507 -0.063
201812 -0.056 105.998 -0.068
201903 -0.063 107.251 -0.076
201906 -0.047 108.070 -0.056
201909 -0.039 108.329 -0.047
201912 -0.059 108.420 -0.070
202003 -0.079 108.902 -0.094
202006 -0.007 108.767 -0.008
202009 -0.116 109.815 -0.137
202012 -0.331 109.897 -0.390
202103 0.842 111.754 0.975
202106 -0.547 114.631 -0.618
202109 -0.087 115.734 -0.097
202112 -1.000 117.630 -1.100
202203 0.343 121.301 0.366
202206 -0.728 125.017 -0.754
202209 -0.857 125.227 -0.886
202212 -0.302 125.222 -0.312
202303 -0.088 127.348 -0.089
202306 -0.932 128.729 -0.937
202309 -0.306 129.860 -0.305
202312 -0.075 129.419 -0.075

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.


Liberty Broadband  (NAS:LBRDK) 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.


Liberty Broadband Cyclically Adjusted Price-to-FCF Related Terms

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


Liberty Broadband (Liberty Broadband) Business Description

Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
Liberty Broadband Corp serves in the telecommunications industry in the United States. It provides cable services to both residential and small to medium businesses through its fiber, hybrid fiber, and coaxial cable infrastructure. The services provided by the company are residential services which include video services, internet services, voice services, and mobile services, commercial services which include small, and medium business and enterprise solutions, advertising services, and other services which include security and home management. The reportable segments of the company are GCI Holdings, Charter. The firm derives the majority of its revenue from GCI Holdings.
Executives
Sue Ann Hamilton director 12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131
Gregg L Engles director 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Julie D. Frist director 810 JACKSON BLVD., NASHVILLE TN 37205
Renee L Wilm officer: Chief Legal Officer 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
John C Malone director, 10 percent owner 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Brian J Wendling officer: SVP/Controller/PFO 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Mark D Carleton officer: Chief Financial Officer 12300 LIBERTY BLVD., ENGLEWOOD CO 80112
J David Wargo director C/O WARGO & CO, 712 FIFTH AVENUE 41ST FLOOR, NEW YORK NY 10019
Donne F Fisher director 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Welsh John E Iii director AVALON CAPITAL PARTNERS, 181 MAIN ST, COLD SPRING HARBOR NY 11724
Richard R Green director 1550 WEWATTA STREET, STE 1000, DENVER CO 80202
Gregory B Maffei director, officer: President/CEO 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Liberty Media Corp 10 percent owner 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Albert E Rosenthaler officer: Senior Vice President 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Christopher W Shean officer: Senior Vice President/CFO 12300 LIBERTY BLVD., ENGLEWOOD CO 80116