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United Parks & Resorts (FRA:W2L) Cyclically Adjusted FCF per Share : €1.86 (As of Mar. 2024)


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What is United Parks & Resorts 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.

United Parks & Resorts's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.228. 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 €1.86 for the trailing ten years ended in Mar. 2024.

During the past 12 months, United Parks & Resorts's average Cyclically Adjusted FCF Growth Rate was 14.00% 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.

As of today (2024-05-22), United Parks & Resorts's current stock price is €47.60. United Parks & Resorts's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.86. United Parks & Resorts's Cyclically Adjusted Price-to-FCF of today is 25.59.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of United Parks & Resorts was 75.33. The lowest was 21.88. And the median was 32.91.


United Parks & Resorts Cyclically Adjusted FCF per Share Historical Data

The historical data trend for United Parks & Resorts'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.

United Parks & Resorts Cyclically Adjusted FCF per Share Chart

United Parks & Resorts 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 - - 1.15 1.62 1.79

United Parks & Resorts 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 1.58 1.76 1.75 1.79 1.86

Competitive Comparison of United Parks & Resorts's Cyclically Adjusted FCF per Share

For the Leisure subindustry, United Parks & Resorts'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.


United Parks & Resorts's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, United Parks & Resorts's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where United Parks & Resorts's Cyclically Adjusted Price-to-FCF falls into.



United Parks & Resorts 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, United Parks & Resorts'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)
=-0.228/131.7762*131.7762
=-0.228

Current CPI (Mar. 2024) = 131.7762.

United Parks & Resorts Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.620 100.560 0.812
201409 0.941 100.428 1.235
201412 -0.375 99.070 -0.499
201503 -0.032 99.621 -0.042
201506 0.635 100.684 0.831
201509 1.079 100.392 1.416
201512 -0.365 99.792 -0.482
201603 -0.167 100.470 -0.219
201606 0.252 101.688 0.327
201609 1.198 101.861 1.550
201612 -0.039 101.863 -0.050
201703 -0.560 102.862 -0.717
201706 0.377 103.349 0.481
201709 0.613 104.136 0.776
201712 -0.277 104.011 -0.351
201803 -0.240 105.290 -0.300
201806 0.541 106.317 0.671
201809 0.951 106.507 1.177
201812 -0.126 105.998 -0.157
201903 -0.109 107.251 -0.134
201906 0.699 108.070 0.852
201909 1.223 108.329 1.488
201912 -0.087 108.420 -0.106
202003 -1.042 108.902 -1.261
202006 -0.364 108.767 -0.441
202009 -0.666 109.815 -0.799
202012 -0.488 109.897 -0.585
202103 0.033 111.754 0.039
202106 2.070 114.631 2.380
202109 1.486 115.734 1.692
202112 0.355 117.630 0.398
202203 0.428 121.301 0.465
202206 2.135 125.017 2.250
202209 1.787 125.227 1.880
202212 0.667 125.222 0.702
202303 -0.284 127.348 -0.294
202306 1.560 128.729 1.597
202309 1.092 129.860 1.108
202312 0.508 129.419 0.517
202403 -0.228 131.776 -0.228

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


United Parks & Resorts  (FRA:W2L) 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.

United Parks & Resorts's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=47.60/1.86
=25.59

* 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 United Parks & Resorts was 75.33. The lowest was 21.88. And the median was 32.91.


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.


United Parks & Resorts Cyclically Adjusted FCF per Share Related Terms

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


United Parks & Resorts (FRA:W2L) Business Description

Traded in Other Exchanges
Address
6240 Sea Harbor Drive, Orlando, FL, USA, 32821
SeaWorld Entertainment Inc operates in the United States leisure industry. Its core business is the operation of theme parks and such entertainment facilities involving sea animals across the country under prominent brands such as SeaWorld, Sea Rescue, and Busch Gardens. Seaworld also operates a reservations-only attraction offering interaction with marine animals known as Discovery Cove and a seasonal park under the name Sesame Place. The company generates most of its revenue from selling admission to the theme parks.

United Parks & Resorts (FRA:W2L) Headlines

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