GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Cogent Communications Holdings Inc (NAS:CCOI) » Definitions » Cyclically Adjusted Price-to-FCF

Cogent Communications Holdings (Cogent Communications Holdings) Cyclically Adjusted Price-to-FCF : 45.06 (As of Apr. 27, 2024)


View and export this data going back to 2002. Start your Free Trial

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

As of today (2024-04-27), Cogent Communications Holdings's current share price is $65.79. Cogent Communications Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.46. Cogent Communications Holdings's Cyclically Adjusted Price-to-FCF for today is 45.06.

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

CCOI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 28.58   Med: 50.2   Max: 171.3
Current: 44.47

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.

CCOI's Cyclically Adjusted Price-to-FCF is ranked worse than
86.56% of 186 companies
in the Telecommunication Services industry
Industry Median: 13.505 vs CCOI: 44.47

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 Dec. 2023 was $-1.904. 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 $1.46 for the trailing ten years ended in Dec. 2023.

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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 33.07 35.69 35.96 36.20 52.09

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
=65.79/1.46
=45.06

* 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 Dec. 2023 is calculated as:

For example, Cogent Communications Holdings's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-1.904/129.4194*129.4194
=-1.904

Current CPI (Dec. 2023) = 129.4194.

Cogent Communications Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.106 99.695 -0.138
201406 0.268 100.560 0.345
201409 0.015 100.428 0.019
201412 0.107 99.070 0.140
201503 0.121 99.621 0.157
201506 0.204 100.684 0.262
201509 0.371 100.392 0.478
201512 0.378 99.792 0.490
201603 0.281 100.470 0.362
201606 0.211 101.688 0.269
201609 0.314 101.861 0.399
201612 0.592 101.863 0.752
201703 0.251 102.862 0.316
201706 0.356 103.349 0.446
201709 0.396 104.136 0.492
201712 0.456 104.011 0.567
201803 0.337 105.290 0.414
201806 0.423 106.317 0.515
201809 0.430 106.507 0.523
201812 0.643 105.998 0.785
201903 0.336 107.251 0.405
201906 0.630 108.070 0.754
201909 0.465 108.329 0.556
201912 0.779 108.420 0.930
202003 0.336 108.902 0.399
202006 0.586 108.767 0.697
202009 0.430 109.815 0.507
202012 0.463 109.897 0.545
202103 0.681 111.754 0.789
202106 0.487 114.631 0.550
202109 0.543 115.734 0.607
202112 0.437 117.630 0.481
202203 0.667 121.301 0.712
202206 0.364 125.017 0.377
202209 0.633 125.227 0.654
202212 0.352 125.222 0.364
202303 0.266 127.348 0.270
202306 0.951 128.729 0.956
202309 -1.647 129.860 -1.641
202312 -1.904 129.419 -1.904

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  (NAS:CCOI) 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 (Cogent Communications Holdings) 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.
Executives
John B. Chang officer: VP & CHIEF LEGAL OFFICER 2450 N ST NW, 4TH FLOOR, WASHINGTON DC 20037
Dave Schaeffer director, 10 percent owner, officer: Chairman, President & CEO C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N ST NW, 4TH FLOOR, WASHINGTON DC 20037
Henry W Kilmer officer: VP of IP Engineering C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N ST NW, 4TH FLOOR, WASHINGTON DC 20037
James Bubeck officer: Chief Revenue Officer 2450 N STREET NW, WASHINGTON DC 20037
Thaddeus Gerard Weed officer: VP, Controller COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N ST NW, 4TH FLOOR, WASHINGTON DC 20037
Lewis H Ferguson director 8717 BURDETTE ROAD, BETHESDA MD 20817
Sheryl Lynn Kennedy director C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037
Blake Bath director 1010 WISCONSIN AVENUE, SUITE 600, WASHINGTON DC 20007
Marc Montagner other: director nominee C/O ENDURANCE INT'L GROUP HOLDINGS, INC., 10 CORPORATE DRIVE, SUITE 300, BURLINGTON MA 01803
David Allen Kapp officer: VP & CHIEF TECHNICAL OFFICER C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037
Jeffrey S Danielson officer: VP Infrastructure C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037
Steven D Brooks director C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N ST NW, 4TH FLOOR, WASHINGTON DC 20037
Greg W O'connor officer: VP, CHIEF OPERATING OFFICER C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037
Eve N Howard director C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037
Sa Paul De director C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037