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Hellenic Telecommunication Organization (ATH:HTO) Cyclically Adjusted FCF per Share : €1.05 (As of Mar. 2024)


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What is Hellenic Telecommunication Organization 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.

Hellenic Telecommunication Organization's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.344. 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 €1.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hellenic Telecommunication Organization's average Cyclically Adjusted FCF Growth Rate was 6.10% 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 Hellenic Telecommunication Organization was -4.70% per year. The lowest was -10.80% per year. And the median was -8.65% per year.

As of today (2024-06-08), Hellenic Telecommunication Organization's current stock price is €13.76. Hellenic Telecommunication Organization's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.05. Hellenic Telecommunication Organization's Cyclically Adjusted Price-to-FCF of today is 13.10.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hellenic Telecommunication Organization was 20.62. The lowest was 4.03. And the median was 11.26.


Hellenic Telecommunication Organization Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hellenic Telecommunication Organization'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.

Hellenic Telecommunication Organization Cyclically Adjusted FCF per Share Chart

Hellenic Telecommunication Organization Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 - - - 1.02

Hellenic Telecommunication Organization Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Sep23 Mar24
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 0.99 1.02 1.04 1.04 1.05

Competitive Comparison of Hellenic Telecommunication Organization's Cyclically Adjusted FCF per Share

For the Telecom Services subindustry, Hellenic Telecommunication Organization'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.


Hellenic Telecommunication Organization's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

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

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



Hellenic Telecommunication Organization 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, Hellenic Telecommunication Organization'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)
=0.344/117.2848*117.2848
=0.344

Current CPI (Mar. 2024) = 117.2848.

Hellenic Telecommunication Organization Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201203 0.236 104.371 0.265
201206 0.327 104.599 0.367
201209 0.542 104.662 0.607
201212 0.239 104.729 0.268
201303 0.338 104.150 0.381
201306 0.035 104.198 0.039
201309 0.203 103.487 0.230
201312 0.412 102.937 0.469
201403 -0.090 102.748 -0.103
201406 0.024 103.060 0.027
201409 0.247 102.624 0.282
201412 0.628 100.254 0.735
201503 -0.047 100.549 -0.055
201506 0.168 100.838 0.195
201509 0.001 100.856 0.001
201512 0.460 100.087 0.539
201603 0.014 99.041 0.017
201606 0.235 100.121 0.275
201609 -0.020 99.878 -0.023
201612 0.533 100.110 0.624
201703 -0.078 100.770 -0.091
201706 0.096 101.138 0.111
201709 -0.085 100.882 -0.099
201712 -0.144 100.762 -0.168
201803 -0.024 100.534 -0.028
201806 0.188 102.121 0.216
201809 0.164 101.982 0.189
201812 0.242 101.330 0.280
201906 0.000 101.837 0.000
201912 0.000 102.120 0.000
202006 0.000 100.239 0.000
202012 0.000 99.751 0.000
202106 0.827 101.270 0.958
202112 0.000 104.853 0.000
202206 0.966 113.517 0.998
202209 0.231 114.371 0.237
202212 0.373 112.428 0.389
202303 0.567 113.620 0.585
202309 0.106 116.234 0.107
202403 0.344 117.285 0.344

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


Hellenic Telecommunication Organization  (ATH:HTO) 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.

Hellenic Telecommunication Organization's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=13.76/1.05
=13.10

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hellenic Telecommunication Organization was 20.62. The lowest was 4.03. And the median was 11.26.


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.


Hellenic Telecommunication Organization Cyclically Adjusted FCF per Share Related Terms

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


Hellenic Telecommunication Organization (ATH:HTO) Business Description

Traded in Other Exchanges
Address
99 Kifissias Avenue, Maroussi, Athens, GRC, 15124
Hellenic Telecommunication Organization is a telecommunications company that offers Internet access services, TV services, broadband, fixed-line services, and mobile telecommunication. The reportable segments of the company are as follows: 1) OTE is a provider of fixed-line services, internet access services, ICT services and TV services in Greece. 2) Cosmonote Group- Greece is a provider of mobile telecommunications, retail operations (shops) and customer services. 3) Telekom Romania Mobile is a provider of mobile telecommunications services in Romania. The majority of revenue earned by the company is from OTE segment.

Hellenic Telecommunication Organization (ATH:HTO) Headlines

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