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Cablevision Systems (Cablevision Systems) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


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What is Cablevision Systems Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cablevision Systems Cyclically Adjusted Price-to-FCF Historical Data

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

Cablevision Systems Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted Price-to-FCF
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Cablevision Systems Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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Competitive Comparison of Cablevision Systems's Cyclically Adjusted Price-to-FCF

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 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.

Cablevision Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2016 is calculated as:

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.

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.


Cablevision Systems  (NYSE:CVC) 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.


Cablevision Systems Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Cablevision Systems's Cyclically Adjusted Price-to-FCF 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

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