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Kamat Hotels (India) (BOM:526668) Cyclically Adjusted FCF per Share : ₹28.76 (As of Mar. 2024)


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What is Kamat Hotels (India) Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Kamat Hotels (India)'s adjusted free cash flow per share data for the fiscal year that ended in Mar. 2024 was ₹22.778. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ₹28.76 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kamat Hotels (India)'s average Cyclically Adjusted FCF Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Kamat Hotels (India) was 24.40% per year. The lowest was 15.60% per year. And the median was 15.80% per year.

As of today (2024-06-02), Kamat Hotels (India)'s current stock price is ₹ 237.25. Kamat Hotels (India)'s Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar. 2024 was ₹28.76. Kamat Hotels (India)'s Cyclically Adjusted Price-to-FCF of today is 8.25.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Kamat Hotels (India) was 10.30. The lowest was 1.23. And the median was 2.96.


Kamat Hotels (India) Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Kamat Hotels (India)'s Cyclically Adjusted FCF per Share 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.

Kamat Hotels (India) Cyclically Adjusted FCF per Share Chart

Kamat Hotels (India) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.30 18.52 21.41 27.54 28.76

Kamat Hotels (India) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 27.54 - - - 28.76

Competitive Comparison of Kamat Hotels (India)'s Cyclically Adjusted FCF per Share

For the Lodging subindustry, Kamat Hotels (India)'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.


Kamat Hotels (India)'s Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kamat Hotels (India)'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Kamat Hotels (India)'s Cyclically Adjusted Price-to-FCF falls into.



Kamat Hotels (India) Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Kamat Hotels (India)'s adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=22.778/153.0345*153.0345
=22.778

Current CPI (Mar. 2024) = 153.0345.

Kamat Hotels (India) Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 11.665 97.163 18.373
201603 23.917 102.518 35.702
201703 10.676 105.196 15.531
201803 46.827 109.786 65.274
201903 30.192 118.202 39.089
202003 27.593 124.705 33.861
202103 -2.757 131.771 -3.202
202203 10.528 138.822 11.606
202303 46.613 146.865 48.571
202403 22.778 153.035 22.778

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Kamat Hotels (India)  (BOM:526668) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Kamat Hotels (India)'s Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=237.25/28.76
=8.25

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Kamat Hotels (India) was 10.30. The lowest was 1.23. And the median was 2.96.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Kamat Hotels (India) Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Kamat Hotels (India)'s Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Kamat Hotels (India) (BOM:526668) Business Description

Traded in Other Exchanges
Address
70-C, Nehru Road, Adjoining Orchid Hotel, Near Santacruz Airport, Vile Parle (East), Mumbai, MH, IND, 400 099
Kamat Hotels (India) Ltd, together with its subsidiaries, is engaged in the hospitality and related businesses in India. The company operates hotels and restaurants under the Orchid, Gadh, VITS, and Lotus brand names. The company's activities are categorized as operation of hotels owned by the company, management of hotels owned by other parties under contract, catering services, and timeshare. It is also involved in the management of hotels owned by other parties under contract; clubs resorts; and timeshare business. All the operations are basically functioned through the region of India.

Kamat Hotels (India) (BOM:526668) Headlines

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