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DISH Network (DISH Network) Cyclically Adjusted FCF per Share : $-3.97 (As of Sep. 2023)


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What is DISH Network 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.

DISH Network's adjusted free cash flow per share for the three months ended in Sep. 2023 was $-1.027. 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 $-3.97 for the trailing ten years ended in Sep. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -38.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -19.50% 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 DISH Network was 63.60% per year. The lowest was -76.70% per year. And the median was 3.60% per year.

As of today (2024-05-06), DISH Network's current stock price is $5.77. DISH Network's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was $-3.97. DISH Network's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of DISH Network was 2704.50. The lowest was 18.25. And the median was 32.95.


DISH Network Cyclically Adjusted FCF per Share Historical Data

The historical data trend for DISH Network'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.

DISH Network Cyclically Adjusted FCF per Share Chart

DISH Network 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 -1.16 -1.27 -1.43 -1.72 -3.40

DISH Network Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -3.46 -3.40 -3.59 -3.81 -3.97

Competitive Comparison of DISH Network's Cyclically Adjusted FCF per Share

For the Telecom Services subindustry, DISH Network'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.


DISH Network's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

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

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



DISH Network 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, DISH Network's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-1.027/129.8595*129.8595
=-1.027

Current CPI (Sep. 2023) = 129.8595.

DISH Network Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.066 98.326 -0.087
201403 -1.906 99.695 -2.483
201406 0.129 100.560 0.167
201409 0.685 100.428 0.886
201412 -2.140 99.070 -2.805
201503 -17.297 99.621 -22.547
201506 -0.221 100.684 -0.285
201509 1.120 100.392 1.449
201512 0.085 99.792 0.111
201603 1.159 100.470 1.498
201606 0.696 101.688 0.889
201609 -2.442 101.861 -3.113
201612 0.696 101.863 0.887
201703 1.044 102.862 1.318
201706 -9.433 103.349 -11.853
201709 0.580 104.136 0.723
201712 0.501 104.011 0.626
201803 0.734 105.290 0.905
201806 0.563 106.317 0.688
201809 0.536 106.507 0.654
201812 0.444 105.998 0.544
201903 0.612 107.251 0.741
201906 0.549 108.070 0.660
201909 0.389 108.329 0.466
201912 0.618 108.420 0.740
202003 0.924 108.902 1.102
202006 0.754 108.767 0.900
202009 0.802 109.815 0.948
202012 -1.209 109.897 -1.429
202103 1.150 111.754 1.336
202106 1.173 114.631 1.329
202109 0.622 115.734 0.698
202112 0.117 117.630 0.129
202203 -11.623 121.301 -12.443
202206 -0.215 125.017 -0.223
202209 -0.185 125.227 -0.192
202212 -0.272 125.222 -0.282
202303 -0.265 127.348 -0.270
202306 -1.003 128.729 -1.012
202309 -1.027 129.860 -1.027

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


DISH Network  (NAS:DISH) 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 DISH Network was 2704.50. The lowest was 18.25. And the median was 32.95.


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.


DISH Network Cyclically Adjusted FCF per Share Related Terms

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


DISH Network (DISH Network) Business Description

Traded in Other Exchanges
N/A
Address
9601 South Meridian Boulevard, Englewood, CO, USA, 80112
From its founding in the 1980s, Dish Network has primarily focused on the satellite television business, capitalizing on technological advancements to expand its reach. The firm now serves 7 million U.S. customers. Dish launched an internet-based television offering under the Sling brand in 2015 and now serves about 2 million customers on this platform. Dish's future, however, hinges primarily on the wireless business. The firm has amassed a large portfolio of spectrum licenses over the past 15 years, spending about $30 billion in the process, and is now building a nationwide wireless network. It acquired Sprint's prepaid business and now serves about 8 million customers. Dish plans to merge with EchoStar, a firm it spun out in 2008 that provides satellite-based communications services.
Executives
Paul W Orban officer: SVP & Chief Accounting Officer 9601 SOUTH MERIDIAN BOULEVARD, ENGLEWOOD CO 80112
Ergen Two-year June 2023 Dish Grat 10 percent owner C/O CANTEY M. ERGEN, 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Thomas A Cullen officer: EVP, Corporate Development DISH NETWORK CORPORATION, 9601 SOUTH MERIDIAN BLVD., ENGLEWOOD CO 80112
Ergen Two-year May 2023 Dish Grat 10 percent owner C/O CANTEY M. ERGEN, TRUSTEE, 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
James Defranco director, officer: Executive Vice President 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Douglas Balsbough officer: EVP and Chief People Officer 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Stephen J Bye director 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Ergen Two-year December 2022 Dish Grat 10 percent owner C/O CANTEY ERGEN, 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Ergen Two-year June 2022 Dish Grat 10 percent owner C/O CANTEY M. ERGEN, 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
George R Brokaw director DISH NETWORK CORPORATION, 9601 S MERIDIAN BLVD, ENGLEWOOD CO 80112
Ergen Two-year May 2022 Dish Grat 10 percent owner C/O CANTEY M. ERGEN, 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Narayan Raghu Iyengar officer: EVP & CHIEF OPERATING OFFICER 415 SOUTH 18TH STREET, ST. LOUIS MO 63103
Ergen Two-year December 2021 Dish Grat 10 percent owner C/O DISH NETWORK L.L.C., 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
David A. Scott officer: EVP & Chief HR Officer 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Ergen Two-year June 2021 Dish Grat 10 percent owner 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112