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Diamondrock Hospitality Co (FRA:HBO) Cyclically Adjusted Price-to-FCF : 62.92 (As of Jun. 10, 2024)


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What is Diamondrock Hospitality Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Diamondrock Hospitality Co's current share price is €7.55. Diamondrock Hospitality Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.12. Diamondrock Hospitality Co's Cyclically Adjusted Price-to-FCF for today is 62.92.

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

FRA:HBO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.88   Med: 24.75   Max: 75.77
Current: 44.81

During the past years, Diamondrock Hospitality Co's highest Cyclically Adjusted Price-to-FCF was 75.77. The lowest was 8.88. And the median was 24.75.

FRA:HBO's Cyclically Adjusted Price-to-FCF is ranked worse than
89.97% of 389 companies
in the REITs industry
Industry Median: 11.36 vs FRA:HBO: 44.81

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.

Diamondrock Hospitality Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.054. 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 €0.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Diamondrock Hospitality Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Diamondrock Hospitality Co'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.

Diamondrock Hospitality Co Cyclically Adjusted Price-to-FCF Chart

Diamondrock Hospitality Co 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 25.80 25.85 56.99 64.18 57.08

Diamondrock Hospitality Co 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 56.27 51.19 51.45 57.08 52.26

Competitive Comparison of Diamondrock Hospitality Co's Cyclically Adjusted Price-to-FCF

For the REIT - Hotel & Motel subindustry, Diamondrock Hospitality Co'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.


Diamondrock Hospitality Co's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Diamondrock Hospitality Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Diamondrock Hospitality Co 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.

Diamondrock Hospitality Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.55/0.12
=62.92

* 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.

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

For example, Diamondrock Hospitality Co'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)
=0.054/131.7762*131.7762
=0.054

Current CPI (Mar. 2024) = 131.7762.

Diamondrock Hospitality Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.152 100.560 0.199
201409 0.135 100.428 0.177
201412 0.237 99.070 0.315
201503 0.065 99.621 0.086
201506 0.237 100.684 0.310
201509 0.195 100.392 0.256
201512 0.240 99.792 0.317
201603 0.010 100.470 0.013
201606 0.169 101.688 0.219
201609 0.147 101.861 0.190
201612 0.182 101.863 0.235
201703 -0.025 102.862 -0.032
201706 0.132 103.349 0.168
201709 0.192 104.136 0.243
201712 0.139 104.011 0.176
201803 0.031 105.290 0.039
201806 -0.008 106.317 -0.010
201809 0.276 106.507 0.341
201812 0.123 105.998 0.153
201903 -0.037 107.251 -0.045
201906 0.000 108.070 0.000
201909 0.015 108.329 0.018
201912 -0.004 108.420 -0.005
202003 -0.180 108.902 -0.218
202006 -0.226 108.767 -0.274
202009 -0.183 109.815 -0.220
202012 -0.157 109.897 -0.188
202103 -0.186 111.754 -0.219
202106 -0.036 114.631 -0.041
202109 -0.463 115.734 -0.527
202112 -0.436 117.630 -0.488
202203 -0.266 121.301 -0.289
202206 0.017 125.017 0.018
202209 0.312 125.227 0.328
202212 -0.225 125.222 -0.237
202303 0.161 127.348 0.167
202306 0.131 128.729 0.134
202309 0.075 129.860 0.076
202312 0.151 129.419 0.154
202403 0.054 131.776 0.054

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.


Diamondrock Hospitality Co  (FRA:HBO) 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.


Diamondrock Hospitality Co Cyclically Adjusted Price-to-FCF Related Terms

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


Diamondrock Hospitality Co (FRA:HBO) Business Description

Industry
Traded in Other Exchanges
Address
2 Bethesda Metro Center, Suite 1400, Bethesda, MD, USA, 20814
Diamondrock Hospitality Company is a real estate investment trust that owns lodging properties. Its business is to acquire, own, manage, and renovate full-service hotel properties in the United States. It operates in cities such as Chicago, Boston, New York, Denver and others. Within DiamondRock's holdings, the majority of the hotel brands include Marriott, Starwood, and Hilton. The revenue is divided between room, food and beverage, and other. The room segment contributes the majority of the revenue. The firm's customers include leisure transient, business transient, and group customers.

Diamondrock Hospitality Co (FRA:HBO) Headlines

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