GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Cablevision Systems Corp (NYSE:CVC) » Definitions » Cyclically Adjusted FCF per Share

Cablevision Systems (Cablevision Systems) Cyclically Adjusted FCF per Share : $0.00 (As of Mar. 2016)


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

What is Cablevision Systems Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Cablevision Systems's adjusted free cash flow per share for the three months ended in Mar. 2016 was $0.012. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.00 for the trailing ten years ended in Mar. 2016.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-04-27), Cablevision Systems's current stock price is $34.87. Cablevision Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2016 was $0.00. Cablevision Systems's Cyclically Adjusted Price-to-FCF of today is .


Cablevision Systems Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Cablevision Systems's Cyclically Adjusted FCF per Share 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.

Cablevision Systems Cyclically Adjusted FCF per Share Chart

Cablevision Systems Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Cablevision Systems Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Cyclically Adjusted FCF per Share 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 Cablevision Systems's Cyclically Adjusted FCF per Share

For the Broadcasting subindustry, Cablevision Systems'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.


Cablevision Systems's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

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



Cablevision Systems Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Cablevision Systems's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2016 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2016 (Change)*Current CPI (Mar. 2016)
=0.012/100.4704*100.4704
=0.012

Current CPI (Mar. 2016) = 100.4704.

Cablevision Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200606 0.526 85.606 0.617
200609 0.195 85.606 0.229
200612 0.178 85.142 0.210
200703 0.271 86.640 0.314
200706 0.117 87.906 0.134
200709 0.005 87.964 0.006
200712 0.241 88.616 0.273
200803 0.231 90.090 0.258
200806 0.863 92.320 0.939
200809 0.229 92.307 0.249
200812 0.156 88.697 0.177
200903 0.657 89.744 0.736
200906 0.782 91.003 0.863
200909 0.765 91.120 0.844
200912 0.760 91.111 0.838
201003 0.708 91.821 0.775
201006 0.623 91.962 0.681
201009 0.759 92.162 0.827
201012 -0.327 92.474 -0.355
201103 1.008 94.283 1.074
201106 0.702 95.235 0.741
201109 0.230 95.727 0.241
201112 0.031 95.213 0.033
201203 0.058 96.783 0.060
201206 0.245 96.819 0.254
201209 0.521 97.633 0.536
201212 1.058 96.871 1.097
201303 -0.187 98.209 -0.191
201306 1.044 98.518 1.065
201309 0.150 98.790 0.153
201312 -0.333 98.326 -0.340
201403 0.361 99.695 0.364
201406 0.684 100.560 0.683
201409 0.429 100.428 0.429
201412 0.326 99.070 0.331
201503 0.153 99.621 0.154
201506 0.558 100.684 0.557
201509 0.406 100.392 0.406
201512 0.453 99.792 0.456
201603 0.012 100.470 0.012

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Cablevision Systems  (NYSE:CVC) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Cablevision Systems Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Cablevision Systems's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Cablevision Systems (Cablevision Systems) Business Description

Traded in Other Exchanges
N/A
Address
Cablevision Systems Corp is a Delaware corporation which was organized in 1997. It operates through its subsidiary, CSC Holdings. CSC Holdings is a cable operator in the United States. It also provides high-speed data and Voice over Internet Protocol services using its television broadband network; and Ethernet-based data, Internet, voice and video transport and managed services, to the business market in the New York metropolitan area. One of its subsidiaries also operates a newspaper publishing business. It also owns a cable television advertising sales business and regional news and other local programming services businesses. The Company classifies its operations into three reportable segments: Cable, consisting principally of video, high-speed data, and VoIP services; Lightpath; and Other, consisting principally of Newsday, which includes the Newsday daily newspaper, amNew York, Star Community Publishing Group, and online websites including newsday.com and exploreLI.com, the News 12 Networks, which provides regional news programming services, Cablevision Media Sales Corporation, a cable television advertising company, and MSG Varsity, a program service dedicated to showcasing high school sports and activities and other local programming. The Company's cable television systems are operated in New York, New Jersey, and Connecticut under non-exclusive franchise agreements, where required by the franchising authority, with state and/or municipal or county franchising authorities. The Company's competitors include Verizon Communications, Inc., AT&T Inc., RCN Corporation, among others. Its cable television systems are subject to federal, state and local regulations.
Executives
Matthew John Dolan other: Member of 13D Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Charles F. Dolan 2009 Family Trust Fbo Kathleen M. Dolan other: Member of 13D Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Cfd 2010 Grandchildren Trust Fbo Aidan Dolan other: Member of 13D Group KNICKERBOCKER GROUP LLC, PO BOX 420, OYSTER BAY NY 11771
Cfd 2010 Grandchildren Trust Fbo Quentin Dolan other: Member of 13D Group KNICKERBOCKER GROUP LLC, PO BOX 420, OYSTER BAY NY 11771
Kathleen Margaret Dolan other: Member of 13D Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Charles F. Dolan Children Trust Fbo Patrick F. Dolan other: Member of 13D Group DOLAN FAMILY OFFICE, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Cfd 2010 Grandchildren Trust Fbo Descendants Of Kathleen M. Dolan other: Member of 13D Group DOLAN FAMILY OFFICE, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Cfd 2010 Grandchildren Trust Fbo Descendants Of Marianne E. Dolan Weber other: Member of 13D Group DOLAN FAMILY OFFICE, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Cfd 2010 Grandchildren Trust Fbo Descendants Of Patrick F. Dolan other: Member of 13D Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Cfd 2010 Grandchildren Trust Fbo Descendants Of Deborah A. Dolan-sweeney other: Member of 13D Group DOLAN FAMILY OFFICE, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Mary S Dolan other: Member of 13D Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
David M Dolan other: Member of 13D Group 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Paul Joseph Dolan director, other: Member of 13D Group TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Ryan Dolan 1989 Trust other: Member of 13D Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Tara Dolan 1989 Trust other: Member of 13D Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112

Cablevision Systems (Cablevision Systems) Headlines

From GuruFocus

Cablevision Strategizing For The Survival Of The Whole Cable TV Sector

By Business Reports Business Reports 05-09-2015

Mario Gabelli Interview - Looking at Where the Hockey Puck Will Be

By Holly LaFon Holly LaFon 03-01-2012

Mario Gabelli Comments on Cablevision Systems Corp

By Vera Yuan Vera Yuan 11-21-2014

Keep an Eye Out for This Growing Mexican Media Empire

By Pato Kehoe Pato Kehoe 01-26-2014

Why Investors Should Avoid This Cable TV Provider

By RHPanalysts RHPanalysts 12-03-2014

Stocks That Are Cheaper Than Julian Robertson Bought

By Ale Schuvaks Ale Schuvaks 01-06-2012

Cablevision Systems Corp. NY Group (CVC) COO Thomas Rutledge sells 55,500 Shares

By GuruFocus Research GuruFocus Editor 03-15-2010