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International Hotel Investments (MAL:IHI) Cyclically Adjusted Price-to-FCF : 11.25 (As of Jun. 03, 2024)


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What is International Hotel Investments Cyclically Adjusted Price-to-FCF?

As of today (2024-06-03), International Hotel Investments's current share price is €0.45. International Hotel Investments's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €0.04. International Hotel Investments's Cyclically Adjusted Price-to-FCF for today is 11.25.

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

MAL:IHI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.68   Med: 17.5   Max: 73
Current: 11.66

During the past 13 years, International Hotel Investments's highest Cyclically Adjusted Price-to-FCF was 73.00. The lowest was 8.68. And the median was 17.50.

MAL:IHI's Cyclically Adjusted Price-to-FCF is ranked better than
71.02% of 352 companies
in the Travel & Leisure industry
Industry Median: 22.04 vs MAL:IHI: 11.66

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.

International Hotel Investments's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €-0.003. 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 €0.04 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


International Hotel Investments Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for International Hotel Investments'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.

International Hotel Investments Cyclically Adjusted Price-to-FCF Chart

International Hotel Investments 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 19.30 17.50 13.57 14.74 14.90

International Hotel Investments Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 13.57 - 14.74 - 14.90

Competitive Comparison of International Hotel Investments's Cyclically Adjusted Price-to-FCF

For the Lodging subindustry, International Hotel Investments'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.


International Hotel Investments's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where International Hotel Investments's Cyclically Adjusted Price-to-FCF falls into.



International Hotel Investments 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.

International Hotel Investments's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.45/0.04
=11.25

* 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.

International Hotel Investments's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, International Hotel Investments's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.003/129.4194*129.4194
=-0.003

Current CPI (Dec23) = 129.4194.

International Hotel Investments Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.042 99.070 0.055
201512 0.030 99.792 0.039
201612 0.029 101.863 0.037
201712 0.075 104.011 0.093
201812 0.051 105.998 0.062
201912 0.075 108.420 0.090
202012 -0.027 109.897 -0.032
202112 0.024 117.630 0.026
202212 0.018 125.222 0.019
202312 -0.003 129.419 -0.003

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.


International Hotel Investments  (MAL:IHI) 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.


International Hotel Investments Cyclically Adjusted Price-to-FCF Related Terms

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


International Hotel Investments (MAL:IHI) Business Description

Traded in Other Exchanges
N/A
Address
22 Europa Centre, Floriana, MLT, FRN 1400
International Hotel Investments PLC operates in the hotel industry. The company is engaged in the ownership, development and operation of hotels, leisure facilities and other activities related to the tourism industry. It has operations spread across various geographical locations which include Malta, Lisbon; Budapest; St. Petersburg; Prague; London, and Tripoli. The company derives a most of revenue from London.

International Hotel Investments (MAL:IHI) Headlines

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