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China Mobile (BUE:CHL) Cyclically Adjusted Price-to-FCF : (As of May. 19, 2024)


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What is China Mobile Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Mobile Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Mobile'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.

China Mobile Cyclically Adjusted Price-to-FCF Chart

China Mobile 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 - - - 13.87 23.49

China Mobile Quarterly Data
Jun18 Dec18 Jun19 Dec19 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 17.45 17.11 17.34 23.49 24.91

Competitive Comparison of China Mobile's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, China Mobile'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.


China Mobile's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

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

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



China Mobile 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.

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

For example, China Mobile'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)
=106.736/117.7354*117.7354
=106.736

Current CPI (Mar. 2024) = 117.7354.

China Mobile Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200806 0.000 79.919 0.000
200812 0.000 79.590 0.000
200906 0.000 79.260 0.000
200912 0.000 80.799 0.000
201006 0.000 81.568 0.000
201012 0.000 83.217 0.000
201106 0.000 86.185 0.000
201112 0.000 87.944 0.000
201206 0.000 89.373 0.000
201212 0.000 91.132 0.000
201306 0.000 93.001 0.000
201312 0.000 95.090 0.000
201406 0.000 96.409 0.000
201412 0.000 99.707 0.000
201506 0.000 99.267 0.000
201512 0.000 102.015 0.000
201606 0.000 101.686 0.000
201612 0.000 103.225 0.000
201706 0.000 103.664 0.000
201712 0.000 104.984 0.000
201806 0.000 106.193 0.000
201812 0.000 107.622 0.000
201906 0.000 109.601 0.000
201912 0.000 110.700 0.000
202006 0.000 110.590 0.000
202009 0.000 107.512 0.000
202012 0.000 109.711 0.000
202103 9.576 111.579 10.104
202106 18.910 111.360 19.993
202109 27.895 109.051 30.116
202112 -7.653 112.349 -8.020
202203 25.409 113.558 26.344
202206 15.094 113.448 15.664
202209 26.937 113.778 27.874
202212 0.159 114.548 0.163
202303 44.272 115.427 45.157
202306 58.517 115.647 59.574
202309 69.963 116.087 70.957
202312 -124.085 117.296 -124.550
202403 106.736 117.735 106.736

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.


China Mobile  (BUE:CHL) 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.


China Mobile Cyclically Adjusted Price-to-FCF Related Terms

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


China Mobile (BUE:CHL) Business Description

Address
99 Queen’s Road Central, 60th Floor, The Center, Hong Kong, HKG
China Mobile is not only the largest telecom operator in China by the number of mobile subscribers (990 million) but also the largest in the world. It has 60% of the total wireless market in China and 45% of the fixed-line broadband market. The firm is continuing to roll out its 5G network, having launched 5G service in late 2019. It is doing some 5G network sharing with China Broadnet at 700 MHz and also resells its 2G/4G/5G network through China Broadnet. Strong growth is being generated through internet data centers where it has the second-largest network in China and through Cloud Services. The company issued stock on the A-share market in 2022 and completed its first buyback of H-shares.

China Mobile (BUE:CHL) Headlines

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