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Telia Company AB (OHEL:TELIA1) Cyclically Adjusted Price-to-FCF : 8.53 (As of Jun. 10, 2024)


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What is Telia Company AB Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Telia Company AB's current share price is €2.388. Telia Company AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.28. Telia Company AB's Cyclically Adjusted Price-to-FCF for today is 8.53.

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

OHEL:TELIA1' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.6   Med: 9.52   Max: 12.23
Current: 8.45

During the past years, Telia Company AB's highest Cyclically Adjusted Price-to-FCF was 12.23. The lowest was 6.60. And the median was 9.52.

OHEL:TELIA1's Cyclically Adjusted Price-to-FCF is ranked better than
72.25% of 191 companies
in the Telecommunication Services industry
Industry Median: 12.99 vs OHEL:TELIA1: 8.45

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.

Telia Company AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.001. 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 €0.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Telia Company AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Telia Company AB'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.

Telia Company AB Cyclically Adjusted Price-to-FCF Chart

Telia Company AB 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 10.52 9.60 10.23 7.82 7.80

Telia Company AB 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 8.03 7.33 7.19 7.80 8.50

Competitive Comparison of Telia Company AB's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Telia Company AB'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.


Telia Company AB's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Telia Company AB's Cyclically Adjusted Price-to-FCF falls into.



Telia Company AB 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.

Telia Company AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.388/0.28
=8.53

* 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.

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

For example, Telia Company AB'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)
=-0.001/132.2054*132.2054
=-0.001

Current CPI (Mar. 2024) = 132.2054.

Telia Company AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.063 100.432 0.083
201409 0.161 100.161 0.213
201412 0.040 100.225 0.053
201503 0.071 99.950 0.094
201506 0.157 99.995 0.208
201509 0.116 100.228 0.153
201512 0.067 100.276 0.088
201603 0.057 100.751 0.075
201606 0.042 101.019 0.055
201609 0.088 101.138 0.115
201612 -0.009 102.022 -0.012
201703 0.099 102.022 0.128
201706 0.066 102.752 0.085
201709 -0.031 103.279 -0.040
201712 0.037 103.793 0.047
201803 0.100 103.962 0.127
201806 0.070 104.875 0.088
201809 0.066 105.679 0.083
201812 0.033 105.912 0.041
201903 0.046 105.886 0.057
201906 0.075 106.742 0.093
201909 0.119 107.214 0.147
201912 0.039 107.766 0.048
202003 0.095 106.563 0.118
202006 0.064 107.498 0.079
202009 0.102 107.635 0.125
202012 0.091 108.296 0.111
202103 0.093 108.360 0.113
202106 0.067 108.928 0.081
202109 0.083 110.338 0.099
202112 0.039 112.486 0.046
202203 0.064 114.825 0.074
202206 0.044 118.384 0.049
202209 0.057 122.296 0.062
202212 0.022 126.365 0.023
202303 -0.068 127.042 -0.071
202306 0.015 129.407 0.015
202309 0.093 130.224 0.094
202312 0.164 131.912 0.164
202403 -0.001 132.205 -0.001

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.


Telia Company AB  (OHEL:TELIA1) 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.


Telia Company AB Cyclically Adjusted Price-to-FCF Related Terms

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Telia Company AB (OHEL:TELIA1) Business Description

Address
Stjarntorget 1, Solna, Stockholm, SWE, 169 94
Telia is the incumbent telecommunications operator in Sweden but is also present in Norway, Finland, Denmark, and the Baltic countries. In the past five years, Telia has been narrowing its business focus, divesting businesses in Asia and focusing on its core markets. In 2022 Telia had revenue of more than SEK 90 billion, with the majority of it coming from the Nordic markets.

Telia Company AB (OHEL:TELIA1) Headlines

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