GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Metropole Television SA (XPAR:MMT) » Definitions » Cyclically Adjusted Price-to-FCF

Metropole Television (XPAR:MMT) Cyclically Adjusted Price-to-FCF : 9.19 (As of May. 26, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Metropole Television Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Metropole Television's current share price is €13.60. Metropole Television's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €1.48. Metropole Television's Cyclically Adjusted Price-to-FCF for today is 9.19.

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

XPAR:MMT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.17   Med: 13.4   Max: 20.31
Current: 9.2

During the past 13 years, Metropole Television's highest Cyclically Adjusted Price-to-FCF was 20.31. The lowest was 7.17. And the median was 13.40.

XPAR:MMT's Cyclically Adjusted Price-to-FCF is ranked better than
67.79% of 357 companies
in the Media - Diversified industry
Industry Median: 16.89 vs XPAR:MMT: 9.20

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.

Metropole Television's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €1.759. 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 €1.48 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metropole Television Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Metropole Television'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.

Metropole Television Cyclically Adjusted Price-to-FCF Chart

Metropole Television 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 13.50 12.38 13.22 10.75 8.75

Metropole Television Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 13.22 - 10.75 - 8.75

Competitive Comparison of Metropole Television's Cyclically Adjusted Price-to-FCF

For the Broadcasting subindustry, Metropole Television'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.


Metropole Television's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

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



Metropole Television 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.

Metropole Television's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.60/1.48
=9.19

* 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.

Metropole Television's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Metropole Television's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.759/118.3900*118.3900
=1.759

Current CPI (Dec23) = 118.3900.

Metropole Television Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.688 99.860 0.816
201512 0.237 100.040 0.280
201612 0.980 100.650 1.153
201712 1.121 101.850 1.303
201812 1.356 103.470 1.552
201912 1.365 104.980 1.539
202012 1.348 104.960 1.520
202112 2.793 107.850 3.066
202212 1.734 114.160 1.798
202312 1.759 118.390 1.759

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.


Metropole Television  (XPAR:MMT) 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.


Metropole Television Cyclically Adjusted Price-to-FCF Related Terms

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


Metropole Television (XPAR:MMT) Business Description

Traded in Other Exchanges
Address
89, Avenue Charles-de-Gaulle, Cedex, Neuilly-sur-Seine, FRA, 92200
Metropole Television SA is a media holding company that owns several television channels, magazines, publications, and movie production firms. Metropole Television SA's flagship channel is M6, a multimedia television network that displays a wide variety of content and includes dramas, news, comedies, films, and documentaries. Furthermore, Metropole owns production houses and operates digital content publications. The company generates the vast majority of its revenue from France. The RTL Group owns Metropole Television SA.