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SIR Royaltyome Fund (TSX:SRV.UN) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


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What is SIR Royaltyome Fund Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


SIR Royaltyome Fund Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SIR Royaltyome Fund'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.

SIR Royaltyome Fund Cyclically Adjusted Price-to-FCF Chart

SIR Royaltyome Fund 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 7.96 3.27 12.59 17.01 15.26

SIR Royaltyome Fund 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 16.65 15.97 15.44 15.26 -

Competitive Comparison of SIR Royaltyome Fund's Cyclically Adjusted Price-to-FCF

For the Restaurants subindustry, SIR Royaltyome Fund'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.


SIR Royaltyome Fund's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

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

* The bar in red indicates where SIR Royaltyome Fund's Cyclically Adjusted Price-to-FCF falls into.



SIR Royaltyome Fund 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.

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

For example, SIR Royaltyome Fund'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)
=0.327/125.4675*125.4675
=0.327

Current CPI (Mar. 2024) = 125.4675.

SIR Royaltyome Fund Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.227 99.473 0.286
201409 0.203 99.394 0.256
201412 0.215 98.367 0.274
201503 0.228 99.789 0.287
201506 0.195 100.500 0.243
201509 0.228 100.421 0.285
201512 0.228 99.947 0.286
201603 0.173 101.054 0.215
201606 0.205 102.002 0.252
201609 0.238 101.765 0.293
201612 0.212 101.449 0.262
201703 0.239 102.634 0.292
201706 0.217 103.029 0.264
201709 0.235 103.345 0.285
201712 0.251 103.345 0.305
201803 0.276 105.004 0.330
201806 0.298 105.557 0.354
201809 0.244 105.636 0.290
201812 0.320 105.399 0.381
201903 0.251 106.979 0.294
201906 0.251 107.690 0.292
201909 0.280 107.611 0.326
201912 0.231 107.769 0.269
202003 0.282 107.927 0.328
202006 0.000 108.401 0.000
202009 -0.007 108.164 -0.008
202012 -0.013 108.559 -0.015
202103 0.000 110.298 0.000
202106 0.024 111.720 0.027
202109 0.313 112.905 0.348
202112 0.410 113.774 0.452
202203 0.178 117.646 0.190
202206 0.275 120.806 0.286
202209 0.432 120.648 0.449
202212 0.337 120.964 0.350
202303 0.116 122.702 0.119
202306 0.318 124.203 0.321
202309 0.164 125.230 0.164
202312 0.257 125.468 0.257
202403 0.327 125.468 0.327

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.


SIR Royaltyome Fund  (TSX:SRV.UN) 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.


SIR Royaltyome Fund Cyclically Adjusted Price-to-FCF Related Terms

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


SIR Royaltyome Fund (TSX:SRV.UN) Business Description

Traded in Other Exchanges
Address
5360 South Service Road, Suite 200, Burlington, ON, CAN, L7L 5L1
SIR Royalty Income Fund (The fund) holds an investment in SIR (Service Inspired Restaurant) Corp. The company is a privately held corporation that owns and operates a diverse portfolio of restaurants in Canada. It has concept restaurant brands, including Jack Astor's Bar and Grill, Scaddabush Italian Kitchen & Bar; and SIR's signature restaurant brands, including Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose. The fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. It generates revenue through the license and royalty agreement from its investments in partnership.

SIR Royaltyome Fund (TSX:SRV.UN) Headlines

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