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Telefonica Brasil (BUE:VIV) Cyclically Adjusted Price-to-FCF : 9.85 (As of Jun. 10, 2024)


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What is Telefonica Brasil Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Telefonica Brasil's current share price is ARS10923.00. Telefonica Brasil's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ARS1,109.49. Telefonica Brasil's Cyclically Adjusted Price-to-FCF for today is 9.85.

The historical rank and industry rank for Telefonica Brasil's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BUE:VIV' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.51   Med: 9.35   Max: 12.78
Current: 8.73

During the past years, Telefonica Brasil's highest Cyclically Adjusted Price-to-FCF was 12.78. The lowest was 6.51. And the median was 9.35.

BUE:VIV's Cyclically Adjusted Price-to-FCF is ranked better than
68.42% of 190 companies
in the Telecommunication Services industry
Industry Median: 12.975 vs BUE:VIV: 8.73

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.

Telefonica Brasil's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ARS298.974. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ARS1,109.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Telefonica Brasil Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Telefonica Brasil'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.

Telefonica Brasil Cyclically Adjusted Price-to-FCF Chart

Telefonica Brasil 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 11.54 10.83 10.40 8.24 10.95

Telefonica Brasil Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 8.09 8.73 8.69 10.95 9.82

Competitive Comparison of Telefonica Brasil's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Telefonica Brasil'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.


Telefonica Brasil's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

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

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



Telefonica Brasil 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.

Telefonica Brasil's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10923.00/1109.49
=9.85

* 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.

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

For example, Telefonica Brasil'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)
=298.974/159.3724*159.3724
=298.974

Current CPI (Mar. 2024) = 159.3724.

Telefonica Brasil Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 4.140 91.838 7.184
201409 5.170 92.602 8.898
201412 -0.950 94.194 -1.607
201503 -1.837 97.799 -2.994
201506 1.494 100.006 2.381
201509 1.013 101.392 1.592
201512 4.971 104.247 7.600
201603 0.425 106.979 0.633
201606 2.924 108.851 4.281
201609 3.274 109.986 4.744
201612 3.845 110.802 5.530
201703 -0.360 111.869 -0.513
201706 5.210 112.115 7.406
201709 6.079 112.777 8.591
201712 2.757 114.068 3.852
201803 3.081 114.868 4.275
201806 1.321 117.038 1.799
201809 1.445 117.881 1.954
201812 11.312 118.340 15.234
201903 8.492 120.124 11.267
201906 16.131 120.977 21.251
201909 19.850 121.292 26.082
201912 22.884 123.436 29.546
202003 18.281 124.092 23.479
202006 24.121 123.557 31.113
202009 30.629 125.095 39.022
202012 16.613 129.012 20.522
202103 24.730 131.660 29.935
202106 21.422 133.871 25.503
202109 32.015 137.913 36.997
202112 14.324 141.992 16.077
202203 34.071 146.537 37.055
202206 35.580 149.784 37.858
202209 34.176 147.800 36.852
202212 33.711 150.207 35.768
202303 78.687 153.352 81.776
202306 88.013 154.519 90.778
202309 102.644 155.464 105.225
202312 52.141 157.148 52.879
202403 298.974 159.372 298.974

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.


Telefonica Brasil  (BUE:VIV) 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.


Telefonica Brasil Cyclically Adjusted Price-to-FCF Related Terms

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


Telefonica Brasil (BUE:VIV) Business Description

Traded in Other Exchanges
Address
Avenida Engenheiro Luis Carlos Berrini, 1376, 32nd Floor, Sao Paulo, SP, BRA, 04571-936
Telefonica Brasil, known as Vivo, is the largest wireless carrier in Brazil with 98 million customers, equal to about 40% market share. The firm is strongest in the postpaid business, where it has 60 million customers, about 42% share of this market. It is the incumbent fixed-line telephone operator in Sao Paulo state and, following the acquisition of GVT, the owner of an extensive fiber network across the country. The firm provides internet access to 6 million households on this network. Following its parent Telefonica's footsteps, Vivo is cross-selling fixed-line and wireless services as a converged offering. The firm also sells pay-tv services to its fixed-line customers.

Telefonica Brasil (BUE:VIV) Headlines

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