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Now (PHS:NOW) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Now Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Now Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Now'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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Now Cyclically Adjusted Price-to-FCF Chart

Now Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Now Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Now's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Now'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.


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

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

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



Now 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.

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

For example, Now'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)
=0.001/131.7762*131.7762
=0.001

Current CPI (Mar. 2024) = 131.7762.

Now Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.008 100.560 -0.010
201409 -0.004 100.428 -0.005
201412 0.001 99.070 0.001
201503 0.000 99.621 0.000
201506 -0.006 100.684 -0.008
201509 -0.009 100.392 -0.012
201512 0.002 99.792 0.003
201603 -0.018 100.470 -0.024
201606 0.003 101.688 0.004
201609 -0.014 101.861 -0.018
201612 -0.001 101.863 -0.001
201703 -0.015 102.862 -0.019
201706 -0.037 103.349 -0.047
201709 0.029 104.136 0.037
201712 -0.003 104.011 -0.004
201803 -0.020 105.290 -0.025
201806 -0.006 106.317 -0.007
201809 -0.048 106.507 -0.059
201812 0.037 105.998 0.046
201903 -0.006 107.251 -0.007
201906 0.004 108.070 0.005
201909 -0.021 108.329 -0.026
201912 0.015 108.420 0.018
202003 0.019 108.902 0.023
202006 -0.041 108.767 -0.050
202009 0.015 109.815 0.018
202012 -0.015 109.897 -0.018
202103 0.006 111.754 0.007
202106 -0.002 114.631 -0.002
202109 0.003 115.734 0.003
202112 -0.018 117.630 -0.020
202203 -0.005 121.301 -0.005
202206 0.003 125.017 0.003
202209 0.005 125.227 0.005
202212 -0.009 125.222 -0.009
202303 0.009 127.348 0.009
202306 -0.003 128.729 -0.003
202309 0.001 129.860 0.001
202312 0.013 129.419 0.013
202403 0.001 131.776 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.


Now  (PHS:NOW) 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.


Now Cyclically Adjusted Price-to-FCF Related Terms

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Now (PHS:NOW) Business Description

Traded in Other Exchanges
N/A
Address
100 C. Palanca Street Corner Dela Rosa and Gil Streets, Unit 5 - I, 5th Floor, OPL Building, Legaspi Village, Makati, PHL, 1229
Now Corp is in the business of telecommunications, media, and technology space. The company's operating segment includes Broadband Services; Software Licenses and Services, and IT Manpower and Resource Augmentation. It generates maximum revenue from the Broadband and Management Services segment. The Broadband Services segment provides high-speed broadband service of up to 1000 Mbps. Software Licenses and Services provides software license products and installation services. IT Manpower and Resource Augmentation provide deployment of IT professionals.

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