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Cogent Communications Holdings (FRA:OGM1) Cyclically Adjusted Price-to-FCF : 40.30 (As of May. 27, 2024)


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What is Cogent Communications Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), Cogent Communications Holdings's current share price is €54.00. Cogent Communications Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.34. Cogent Communications Holdings's Cyclically Adjusted Price-to-FCF for today is 40.30.

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

FRA:OGM1' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 28.58   Med: 50.2   Max: 171.3
Current: 40.64

During the past years, Cogent Communications Holdings's highest Cyclically Adjusted Price-to-FCF was 171.30. The lowest was 28.58. And the median was 50.20.

FRA:OGM1's Cyclically Adjusted Price-to-FCF is ranked worse than
84.04% of 188 companies
in the Telecommunication Services industry
Industry Median: 13.05 vs FRA:OGM1: 40.64

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.

Cogent Communications Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.420. 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 €1.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cogent Communications Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cogent Communications 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.

* Premium members only.

Cogent Communications Holdings Cyclically Adjusted Price-to-FCF Chart

Cogent Communications 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 57.46 46.28 48.01 33.07 52.09

Cogent Communications 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 35.69 35.96 36.20 52.09 44.90

Competitive Comparison of Cogent Communications Holdings's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Cogent Communications 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.


Cogent Communications Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Cogent Communications Holdings's Cyclically Adjusted Price-to-FCF falls into.



Cogent Communications 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.

Cogent Communications Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=54.00/1.34
=40.30

* 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.

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

For example, Cogent Communications 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)
=-0.42/131.7762*131.7762
=-0.420

Current CPI (Mar. 2024) = 131.7762.

Cogent Communications Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.197 100.560 0.258
201409 0.011 100.428 0.014
201412 0.087 99.070 0.116
201503 0.112 99.621 0.148
201506 0.181 100.684 0.237
201509 0.330 100.392 0.433
201512 0.347 99.792 0.458
201603 0.252 100.470 0.331
201606 0.188 101.688 0.244
201609 0.280 101.861 0.362
201612 0.561 101.863 0.726
201703 0.234 102.862 0.300
201706 0.317 103.349 0.404
201709 0.332 104.136 0.420
201712 0.385 104.011 0.488
201803 0.273 105.290 0.342
201806 0.362 106.317 0.449
201809 0.368 106.507 0.455
201812 0.565 105.998 0.702
201903 0.298 107.251 0.366
201906 0.557 108.070 0.679
201909 0.422 108.329 0.513
201912 0.701 108.420 0.852
202003 0.304 108.902 0.368
202006 0.521 108.767 0.631
202009 0.365 109.815 0.438
202012 0.381 109.897 0.457
202103 0.572 111.754 0.674
202106 0.405 114.631 0.466
202109 0.462 115.734 0.526
202112 0.386 117.630 0.432
202203 0.605 121.301 0.657
202206 0.344 125.017 0.363
202209 0.640 125.227 0.673
202212 0.332 125.222 0.349
202303 0.249 127.348 0.258
202306 0.878 128.729 0.899
202309 -1.544 129.860 -1.567
202312 -1.746 129.419 -1.778
202403 -0.420 131.776 -0.420

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.


Cogent Communications Holdings  (FRA:OGM1) 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.


Cogent Communications Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Cogent Communications Holdings (FRA:OGM1) Business Description

Traded in Other Exchanges
Address
2450 N Street North West, Washington, DC, USA, 20037
Cogent carries over one fifth of the world's internet traffic over its network and is a broadband provider for businesses. Cogent's corporate customers are in high-rise office buildings; the firm provides them with two types of connections: dedicated internet access, which connects them to the internet, and virtual private networking, which offers an internal network for employees in different locations. Cogent's corporate customers are exclusively in North America and account for over half of the firm's revenue. Cogent's netcentric customers include internet service providers and content providers, to which Cogent provides internet transit. They hand traffic to Cogent in data centers and rely on Cogent to deliver it. About half of netcentric revenue is from outside the U.S.

Cogent Communications Holdings (FRA:OGM1) Headlines

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