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Clear Channel Outdoor Holdings (FRA:C7C1) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Clear Channel Outdoor Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Clear Channel Outdoor Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Clear Channel Outdoor Holdings'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.

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Clear Channel Outdoor Holdings Cyclically Adjusted Price-to-FCF Chart

Clear Channel Outdoor Holdings 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 8.89 10.38 111.98 - -

Clear Channel Outdoor Holdings 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 - - - - -

Competitive Comparison of Clear Channel Outdoor Holdings's Cyclically Adjusted Price-to-FCF

For the Advertising Agencies subindustry, Clear Channel Outdoor Holdings'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.


Clear Channel Outdoor Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Clear Channel Outdoor Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Clear Channel Outdoor Holdings's Cyclically Adjusted Price-to-FCF falls into.



Clear Channel Outdoor Holdings 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.

Clear Channel Outdoor Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Clear Channel Outdoor Holdings'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)
=-0.116/131.7762*131.7762
=-0.116

Current CPI (Mar. 2024) = 131.7762.

Clear Channel Outdoor Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.004 100.560 -0.005
201409 0.142 100.428 0.186
201412 0.144 99.070 0.192
201503 -0.083 99.621 -0.110
201506 -0.009 100.684 -0.012
201509 0.057 100.392 0.075
201512 0.237 99.792 0.313
201603 -0.077 100.470 -0.101
201606 0.056 101.688 0.073
201609 0.125 101.861 0.162
201612 0.096 101.863 0.124
201703 -0.223 102.862 -0.286
201706 -0.089 103.349 -0.113
201709 0.140 104.136 0.177
201712 -0.006 104.011 -0.008
201803 -0.053 105.290 -0.066
201806 0.067 106.317 0.083
201809 0.014 106.507 0.017
201812 -0.083 105.998 -0.103
201903 -0.185 107.251 -0.227
201906 0.126 108.070 0.154
201909 -0.091 108.329 -0.111
201912 0.102 108.420 0.124
202003 -0.263 108.902 -0.318
202006 0.082 108.767 0.099
202009 -0.214 109.815 -0.257
202012 -0.094 109.897 -0.113
202103 -0.257 111.754 -0.303
202106 -0.247 114.631 -0.284
202109 0.082 115.734 0.093
202112 -0.084 117.630 -0.094
202203 0.026 121.301 0.028
202206 -0.150 125.017 -0.158
202209 0.109 125.227 0.115
202212 -0.068 125.222 -0.072
202303 -0.054 127.348 -0.056
202306 -0.195 128.729 -0.200
202309 0.030 129.860 0.030
202312 -0.040 129.419 -0.041
202403 -0.116 131.776 -0.116

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.


Clear Channel Outdoor Holdings  (FRA:C7C1) 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.


Clear Channel Outdoor Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Clear Channel Outdoor Holdings (FRA:C7C1) Business Description

Traded in Other Exchanges
Address
4830 North Loop 1604 West, Suite 111, San Antonio, TX, USA, 78249
Clear Channel Outdoor Holdings Inc is one of the world's largest outdoor advertising companies. The company is engaged in providing advertising opportunities through billboards, street furniture displays, transit displays, and other out-of-home advertising displays for its clients. Its reportable segment includes America; Airports; Europe-North and Europe-South. The company generates maximum revenue from the America segment. The America segment serves markets throughout the U.S., with over 90% of its revenue generated from billboard displays.

Clear Channel Outdoor Holdings (FRA:C7C1) Headlines

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