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Caesars Entertainment (BSP:C2ZR34) Cyclically Adjusted Price-to-FCF : 76.54 (As of Jun. 05, 2024)


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What is Caesars Entertainment Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), Caesars Entertainment's current share price is R$21.43. Caesars Entertainment's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$0.28. Caesars Entertainment's Cyclically Adjusted Price-to-FCF for today is 76.54.

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

BSP:C2ZR34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 60.05   Med: 79.91   Max: 135.67
Current: 63.48

During the past years, Caesars Entertainment's highest Cyclically Adjusted Price-to-FCF was 135.67. The lowest was 60.05. And the median was 79.91.

BSP:C2ZR34's Cyclically Adjusted Price-to-FCF is ranked worse than
83.67% of 349 companies
in the Travel & Leisure industry
Industry Median: 21.69 vs BSP:C2ZR34: 63.48

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.

Caesars Entertainment's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$-0.424. 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 R$0.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Caesars Entertainment Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Caesars Entertainment'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.

Caesars Entertainment Cyclically Adjusted Price-to-FCF Chart

Caesars Entertainment 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 - - - - 71.98

Caesars Entertainment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 134.17 88.15 80.78 71.98 77.93

Competitive Comparison of Caesars Entertainment's Cyclically Adjusted Price-to-FCF

For the Resorts & Casinos subindustry, Caesars Entertainment'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.


Caesars Entertainment's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

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



Caesars Entertainment 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=21.43/0.28
=76.54

* 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.

Caesars Entertainment's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Caesars Entertainment'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)
=-0.424/131.7762*131.7762
=-0.424

Current CPI (Mar. 2024) = 131.7762.

Caesars Entertainment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.005 100.560 -0.007
201409 0.098 100.428 0.129
201412 0.030 99.070 0.040
201503 -0.108 99.621 -0.143
201506 0.115 100.684 0.151
201509 -0.043 100.392 -0.056
201512 0.192 99.792 0.254
201603 0.002 100.470 0.003
201606 0.201 101.688 0.260
201609 0.075 101.861 0.097
201612 0.091 101.863 0.118
201703 -0.007 102.862 -0.009
201706 -0.126 103.349 -0.161
201709 0.183 104.136 0.232
201712 0.114 104.011 0.144
201803 0.238 105.290 0.298
201806 0.176 106.317 0.218
201809 0.425 106.507 0.526
201812 0.008 105.998 0.010
201903 0.132 107.251 0.162
201906 0.018 108.070 0.022
201909 0.492 108.329 0.598
201912 0.088 108.420 0.107
202003 0.044 108.902 0.053
202006 -0.837 108.767 -1.014
202009 -0.686 109.815 -0.823
202012 -1.152 109.897 -1.381
202103 -0.027 111.754 -0.032
202106 0.396 114.631 0.455
202109 0.414 115.734 0.471
202112 0.043 117.630 0.048
202203 -1.091 121.301 -1.185
202206 0.225 125.017 0.237
202209 0.234 125.227 0.246
202212 0.708 125.222 0.745
202303 -0.237 127.348 -0.245
202306 1.040 128.729 1.065
202309 0.025 129.860 0.025
202312 0.315 129.419 0.321
202403 -0.424 131.776 -0.424

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.


Caesars Entertainment  (BSP:C2ZR34) 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.


Caesars Entertainment Cyclically Adjusted Price-to-FCF Related Terms

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


Caesars Entertainment (BSP:C2ZR34) Business Description

Traded in Other Exchanges
Address
100 West Liberty Street, 12th Floor, Reno, NV, USA, 89501
Caesars Entertainment includes about 50 domestic gaming properties across Las Vegas (58% of 2022 EBITDAR before corporate and digital expenses) and regional (59%) markets. Additionally, the company hosts managed properties and digital assets, the later of which produced material EBITDA losses in 2022. Caesars' U.S. presence roughly doubled with the 2020 acquisition by Eldorado, which built its first casino in Reno, Nevada, in 1973 and expanded its presence through prior acquisitions to over 20 properties before merging with legacy Caesars. Caesars' brands include Caesars, Harrah's, Tropicana, Bally's, Isle, and Flamingo. Also, the company owns the U.S. portion of William Hill (it sold the international operation in 2022), a digital sports betting platform.

Caesars Entertainment (BSP:C2ZR34) Headlines

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