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The Walt Disney Co (The Walt Disney Co) Cyclically Adjusted Price-to-FCF : 28.11 (As of Apr. 27, 2024)


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What is The Walt Disney Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), The Walt Disney Co's current share price is $112.73. The Walt Disney Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.01. The Walt Disney Co's Cyclically Adjusted Price-to-FCF for today is 28.11.

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

DIS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.73   Med: 32.52   Max: 50.95
Current: 28.1

During the past years, The Walt Disney Co's highest Cyclically Adjusted Price-to-FCF was 50.95. The lowest was 19.73. And the median was 32.52.

DIS's Cyclically Adjusted Price-to-FCF is ranked worse than
69.47% of 357 companies
in the Media - Diversified industry
Industry Median: 16.88 vs DIS: 28.10

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.

The Walt Disney Co's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.483. 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 $4.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Walt Disney Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for The Walt Disney Co'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.

The Walt Disney Co Cyclically Adjusted Price-to-FCF Chart

The Walt Disney Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.22 31.80 42.28 23.08 20.17

The Walt Disney Co 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 22.13 25.11 22.75 20.17 22.50

Competitive Comparison of The Walt Disney Co's Cyclically Adjusted Price-to-FCF

For the Entertainment subindustry, The Walt Disney Co'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.


The Walt Disney Co's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

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



The Walt Disney Co 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.

The Walt Disney Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=112.73/4.01
=28.11

* 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.

The Walt Disney Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, The Walt Disney Co'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)
=0.483/129.4194*129.4194
=0.483

Current CPI (Dec. 2023) = 129.4194.

The Walt Disney Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.032 99.695 1.340
201406 1.171 100.560 1.507
201409 1.177 100.428 1.517
201412 0.499 99.070 0.652
201503 1.173 99.621 1.524
201506 0.966 100.684 1.242
201509 1.535 100.392 1.979
201512 0.629 99.792 0.816
201603 1.448 100.470 1.865
201606 1.530 101.688 1.947
201609 1.510 101.861 1.919
201612 0.253 101.863 0.321
201703 1.474 102.862 1.855
201706 2.096 103.349 2.625
201709 1.728 104.136 2.148
201712 0.826 104.011 1.028
201803 2.293 105.290 2.819
201806 1.642 106.317 1.999
201809 1.770 106.507 2.151
201812 0.603 105.998 0.736
201903 1.747 107.251 2.108
201906 -1.417 108.070 -1.697
201909 0.392 108.329 0.468
201912 0.150 108.420 0.179
202003 1.064 108.902 1.264
202006 0.250 108.767 0.297
202009 0.518 109.815 0.610
202012 -0.371 109.897 -0.437
202103 0.338 111.754 0.391
202106 0.285 114.631 0.322
202109 0.833 115.734 0.931
202112 -0.647 117.630 -0.712
202203 0.375 121.301 0.400
202206 0.102 125.017 0.106
202209 0.753 125.227 0.778
202212 -1.180 125.222 -1.220
202303 1.085 127.348 1.103
202306 0.895 128.729 0.900
202309 1.870 129.860 1.864
202312 0.483 129.419 0.483

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.


The Walt Disney Co  (NYSE:DIS) 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.


The Walt Disney Co Cyclically Adjusted Price-to-FCF Related Terms

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


The Walt Disney Co (The Walt Disney Co) Business Description

Address
500 South Buena Vista Street, Burbank, CA, USA, 91521
Disney operates in three global business segments: entertainment, sports, and experiences. Entertainment and experiences both benefit from franchises and characters the firm has created over the course of a century. Entertainment includes the ABC broadcast network, several cable television networks, and the Disney+ and Hulu streaming services. Within the segment, Disney also engages in movie and television production and distribution, with content licensed to movie theaters, other content providers, or, increasingly, kept in-house for use on Disney's own streaming platform and television networks. The sports segment houses ESPN and the ESPN+ streaming service. Experiences contains Disney's theme parks and vacation destinations, and also benefits from merchandise licensing.
Executives
Sonia L Coleman officer: Sr. EVP and Chief HR Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Brent Woodford officer: EVP, Control, Fin Plan & Tax 1441 GARDINER LANE, LOUISVILLE KY 40213
Amy Chang director 2100 SEAPORT BLVD., C/O INFORMATICA CORPORATION, REDWOOD CITY CA 94063
Kevin A Lansberry officer: Interim Chief Finan Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Christine M Mccarthy officer: SEVP-Chief Financial Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521-0964
Carolyn Everson director C/O THE HERTZ CORPORATION, 225 BRAE BOULEVARD, PARK RIDGE NJ 07656-0713
Kristina K Schake officer: Sr. EVP and Chief Comm Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Horacio E Gutierrez officer: Sr EVP, General Counsel & Secy 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Geoff Morrell officer: SEVP Chf Corp Affairs Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Robert A Chapek officer: Chief Executive Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Paul J Richardson officer: Sr. EVP and Chief HR Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Calvin Mcdonald director C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Robert A Iger director, officer: Chairman and CEO C/O WALT DISNEY CO, 500 S BUENA VISTA STREET, BURBANK CA 91521-1062
Zenia B. Mucha officer: SEVP Corporate Communications 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Mary Jayne Parker officer: SEVP and Chief HR Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521-0966

The Walt Disney Co (The Walt Disney Co) Headlines