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VEON (VEON) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is VEON Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


VEON Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for VEON'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.

VEON Cyclically Adjusted Price-to-FCF Chart

VEON 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 3.27 2.12 2.03 - -

VEON Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 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 2.03 - - - -

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

For the Telecom Services subindustry, VEON'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.


VEON's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

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

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



VEON 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.

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

For example, VEON's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0/125.8300*125.8300
=0.000

Current CPI (Jun. 2023) = 125.8300.

VEON Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 17.941 96.760 23.331
201303 5.929 98.580 7.568
201306 9.162 98.320 11.726
201309 10.053 99.080 12.767
201312 24.596 98.360 31.465
201403 -0.086 99.390 -0.109
201406 -1.672 99.240 -2.120
201409 11.223 99.960 14.128
201412 9.865 99.050 12.532
201503 -17.342 99.750 -21.876
201506 2.816 100.230 3.535
201509 7.827 100.500 9.800
201512 4.118 99.730 5.196
201603 -9.677 100.310 -12.139
201606 5.883 100.260 7.383
201609 8.413 100.570 10.526
201612 -1.481 100.710 -1.850
201703 1.386 101.440 1.719
201706 -1.885 101.370 -2.340
201709 7.106 102.030 8.764
201712 0.017 101.970 0.021
201803 0.348 102.470 0.427
201806 1.394 103.100 1.701
201809 3.596 103.950 4.353
201812 2.820 103.970 3.413
201903 6.236 105.370 7.447
201906 4.271 105.840 5.078
201909 4.971 106.700 5.862
201912 4.063 106.800 4.787
202003 2.458 106.850 2.895
202006 0.505 107.510 0.591
202009 6.407 107.880 7.473
202012 16.065 107.850 18.743
202103 0.310 108.870 0.358
202106 2.925 109.670 3.356
202109 7.091 110.790 8.054
202112 16.377 114.010 18.075
202206 0.000 119.050 0.000
202212 0.000 124.940 0.000
202306 0.000 125.830 0.000

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.


VEON  (NAS:VEON) 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.


VEON Cyclically Adjusted Price-to-FCF Related Terms

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


VEON (VEON) Business Description

Traded in Other Exchanges
Address
Claude Debussylaan 88, Amsterdam, NLD, 1082 MD
VEON Ltd is a global provider of connectivity and internet services. The company provides its customers with voice, fixed broadband, data, and digital services. Currently, the company offers services to customers in the following countries: Pakistan, Ukraine, Kazakhstan, Bangladesh, Uzbekistan, and Kyrgyzstan. The reportable segments currently consist of the following five segments: Pakistan, Ukraine, Kazakhstan, Bangladesh, and Uzbekistan. The company provides services under the Beeline, Kyivstar, banglalink and Jazz brands.