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Sinclair (Sinclair) Cyclically Adjusted Price-to-FCF : 1.63 (As of Apr. 27, 2024)


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What is Sinclair Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Sinclair's current share price is $12.12. Sinclair's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $7.44. Sinclair's Cyclically Adjusted Price-to-FCF for today is 1.63.

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

SBGI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.32   Med: 11.39   Max: 23.7
Current: 1.64

During the past years, Sinclair's highest Cyclically Adjusted Price-to-FCF was 23.70. The lowest was 1.32. And the median was 11.39.

SBGI's Cyclically Adjusted Price-to-FCF is ranked better than
93.28% of 357 companies
in the Media - Diversified industry
Industry Median: 16.88 vs SBGI: 1.64

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.

Sinclair's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.103. 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 $7.44 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sinclair Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sinclair'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.

Sinclair Cyclically Adjusted Price-to-FCF Chart

Sinclair 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 8.72 5.75 4.35 2.17 1.75

Sinclair 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 2.17 2.36 1.86 1.53 1.75

Competitive Comparison of Sinclair's Cyclically Adjusted Price-to-FCF

For the Entertainment subindustry, Sinclair'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.


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

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

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



Sinclair 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.12/7.44
=1.63

* 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.

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

For example, Sinclair'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)
=1.103/129.4194*129.4194
=1.103

Current CPI (Dec. 2023) = 129.4194.

Sinclair Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.250 99.695 1.623
201406 0.297 100.560 0.382
201409 1.500 100.428 1.933
201412 0.530 99.070 0.692
201503 0.942 99.621 1.224
201506 0.447 100.684 0.575
201509 1.129 100.392 1.455
201512 0.736 99.792 0.955
201603 1.131 100.470 1.457
201606 0.539 101.688 0.686
201609 1.074 101.861 1.365
201612 2.797 101.863 3.554
201703 0.522 102.862 0.657
201706 0.568 103.349 0.711
201709 1.116 104.136 1.387
201712 1.220 104.011 1.518
201803 0.765 105.290 0.940
201806 1.206 106.317 1.468
201809 0.896 106.507 1.089
201812 2.516 105.998 3.072
201903 0.751 107.251 0.906
201906 0.977 108.070 1.170
201909 2.574 108.329 3.075
201912 3.896 108.420 4.651
202003 -0.932 108.902 -1.108
202006 3.988 108.767 4.745
202009 6.309 109.815 7.435
202012 9.225 109.897 10.864
202103 -3.038 111.754 -3.518
202106 2.336 114.631 2.637
202109 2.953 115.734 3.302
202112 0.987 117.630 1.086
202203 0.679 121.301 0.724
202206 1.594 125.017 1.650
202209 3.176 125.227 3.282
202212 4.450 125.222 4.599
202303 0.601 127.348 0.611
202306 0.937 128.729 0.942
202309 -0.458 129.860 -0.456
202312 1.103 129.419 1.103

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.


Sinclair  (NAS:SBGI) 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.


Sinclair Cyclically Adjusted Price-to-FCF Related Terms

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


Sinclair (Sinclair) Business Description

Traded in Other Exchanges
N/A
Address
10706 Beaver Dam Road, Hunt Valley, MD, USA, 21030
Sinclair Broadcast Group is the second-largest television station operator in the U.S., with 185 stations in 86 markets. Of the firm's roughly 600 channels, 150 are affiliated with the four national broadcasters—Fox, ABC, CBS, and NBC—with over 80 other channels on networks aligned with The CW (Nexstar) and MyNetworkTV (Fox). The firm also owns the Tennis Channel and four multicast networks. Via the 2019 purchase of the Fox regional sports networks from Disney, Sinclair is now the largest owner of Diamond Sports, which operates regional sports networks. Diamond Sports sought bankruptcy protection in early 2023.
Executives
David B Gibber officer: SVP & General Counsel 10706 BEAVER DAM ROAD, HUNT VALLEY MD 21030
Howard E Friedman director 6201 GREEN MEADOW WAY, BALTIMORE MD 21209
Jeffrey Edward Lewis officer: Chief Compliance Officer 10706 BEAVER DAM ROAD, HUNT VALLEY MD 21030
Benjamin Sr Carson director PO BOX 3599, BATTLE CREEK MI 49016-3599
Lawrence E Mccanna director 36 S CHARLES ST, STE 1800, BALTIMORE MD 21201
Frederick G Smith director, 10 percent owner, officer: Vice President 10706 BEAVER DAM RD, COCKEYSVILLE MD 21030
J Duncan Smith director, 10 percent owner, officer: Secretary 10706 BEAVER DAM RD, COCKEYSVILLE MD 21030
Laurie R Beyer director 6331 FALCONWOOD STREET, MIDDLE RIVER MD 21220
David D Smith director, 10 percent owner, officer: President C/O SINCLAIR BROADCAST GROUP, 2000 WEST 41ST ST, BALTIMORE MD 21211-1420
Justin Leroy Bray officer: VP & Treasurer 10706 BEAVER DAM ROAD, HUNT VALLEY MD 21030
David R Bochenek officer: Controller and CAO 10706 BEAVER DAM ROAD, COCKEYSVILLE MD 21030
Barry Faber officer: Vice President-General Counsel 10706 BEAVER DAM ROAD, COCKEYSVILLE MD 21203
Lucy Rutishauser officer: Treasurer and VP Corp. Finance 10706 BEAVER DAM RD, COCKEYSVILLE MD 21203
Daniel C Keith director 102 W PENNSYLVANIA AVE, STE 501, TOWSON MD 21204
Benson E Legg director 393 SILVER MOSS DRIVE, VERO BEACH FL 32963