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Dine Brands Global (Dine Brands Global) Cyclically Adjusted FCF per Share : $7.25 (As of Mar. 2024)


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What is Dine Brands Global 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.

Dine Brands Global's adjusted free cash flow per share for the three months ended in Mar. 2024 was $1.817. 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 $7.25 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Dine Brands Global's average Cyclically Adjusted FCF Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 2.80% 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 Dine Brands Global was 148.30% per year. The lowest was -22.80% per year. And the median was 6.80% per year.

As of today (2024-05-14), Dine Brands Global's current stock price is $45.00. Dine Brands Global's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $7.25. Dine Brands Global's Cyclically Adjusted Price-to-FCF of today is 6.21.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Dine Brands Global was 19.67. The lowest was 2.70. And the median was 12.16.


Dine Brands Global Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Dine Brands Global'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.

Dine Brands Global Cyclically Adjusted FCF per Share Chart

Dine Brands Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.46 5.98 6.84 7.38 7.42

Dine Brands Global 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 7.04 7.36 7.29 7.42 7.25

Competitive Comparison of Dine Brands Global's Cyclically Adjusted FCF per Share

For the Restaurants subindustry, Dine Brands Global'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.


Dine Brands Global's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Dine Brands Global's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Dine Brands Global 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, Dine Brands Global's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.817/129.4194*129.4194
=1.817

Current CPI (Mar. 2024) = 129.4194.

Dine Brands Global Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.058 100.560 0.075
201409 2.382 100.428 3.070
201412 0.829 99.070 1.083
201503 2.025 99.621 2.631
201506 0.265 100.684 0.341
201509 1.139 100.392 1.468
201512 3.471 99.792 4.501
201603 1.995 100.470 2.570
201606 0.843 101.688 1.073
201609 0.362 101.861 0.460
201612 3.015 101.863 3.831
201703 0.933 102.862 1.174
201706 -0.147 103.349 -0.184
201709 0.420 104.136 0.522
201712 1.739 104.011 2.164
201803 0.727 105.290 0.894
201806 0.307 106.317 0.374
201809 1.813 106.507 2.203
201812 4.248 105.998 5.187
201903 1.369 107.251 1.652
201906 2.046 108.070 2.450
201909 1.881 108.329 2.247
201912 2.608 108.420 3.113
202003 1.491 108.902 1.772
202006 -2.625 108.767 -3.123
202009 2.797 109.815 3.296
202012 3.569 109.897 4.203
202103 1.696 111.754 1.964
202106 4.344 114.631 4.904
202109 2.103 115.734 2.352
202112 2.434 117.630 2.678
202203 -0.781 121.301 -0.833
202206 1.879 125.017 1.945
202209 1.744 125.227 1.802
202212 0.652 125.222 0.674
202303 0.003 127.348 0.003
202306 1.296 128.729 1.303
202309 1.803 129.860 1.797
202312 3.087 129.419 3.087
202403 1.817 129.419 1.817

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


Dine Brands Global  (NYSE:DIN) 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.

Dine Brands Global's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=45.00/7.25
=6.21

* 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 Dine Brands Global was 19.67. The lowest was 2.70. And the median was 12.16.


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.


Dine Brands Global Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Dine Brands Global's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Dine Brands Global (Dine Brands Global) Business Description

Traded in Other Exchanges
N/A
Address
450 North Brand Boulevard, Glendale, CA, USA, 91203-2346
Dine Brands Global Inc owns and franchises thousands of restaurants under the Applebee's and International House of Pancakes names. Almost all company restaurants are located in the United States and franchised. Royalty revenue, which the company gets from franchisees based on franchisees' sales, accounts for roughly three-quarters of total company revenue. The company also earns revenue by leasing restaurant sites to franchisees. The company has four reportable segments Franchise operations, (an aggregation of Applebee's and IHOP franchise operations), Rental operations, Financing operations, and Company-operated restaurant operations. The majority of revenue is derived from the Franchise operations segment.
Executives
Vance Yuwen Chang officer: Chief Financial Officer 5780 UPLANDER WAY, CULVER CITY CA 90230
John W. Peyton director, officer: Chief Executive Officer 175 PARK AVENUE, MADISON NJ 07940
Michael Hyter director 450 N BRAND BLVD., GLENDALE CA 91203
Jay D. Johns officer: President, IHOP Business Unit 450 NORTH BRAND BLVD, GLENDALE CA 91203
Lilian Tomovich director 2028 GROUSE STREET, LAS VEGAS NV 89134
Richard J Dahl director DOLE FOOD CO, 1 DOLE DRIVE, WESTLAKE CA 91362
Caroline W Nahas director 450 NORTH BRAND BLVD 7TH FL, GLENDALE CA 91203
Martha Poulter director C/O STARWOOD HOTELS & RESORTS WORLDWIDE, ONE STARPOINT, STAMFORD CT 06902
Christine K. Son officer: SVP, Legal, GC and Secretary 450 N. BRAND BLVD., 7TH FLOOR, GLENDALE CA 91203
Susan Collyns director 6053 W CENTURY BLVD STE 1100, C/O CALIFORNIA PIZZA KITCHEN INC, LOS ANGLES CA 90045-6430
Tony E. Moralejo officer: President, Applebee's 450 N BRAND BLVD, 7TH FLOOR, GLENDALE CA 91203
Douglas M Pasquale director 245 FICHER AVE STE D-1, COSTA MESA CA 92626
Artie Starrs director 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Gregg Lemkau director 645 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10022
Marc R Lisker director 645 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10022-5910