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Domino's Pizza (WBO:DPZ) Cyclically Adjusted Price-to-FCF : 50.85 (As of May. 21, 2024)


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What is Domino's Pizza Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Domino's Pizza's current share price is €472.90. Domino's Pizza's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €9.30. Domino's Pizza's Cyclically Adjusted Price-to-FCF for today is 50.85.

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

WBO:DPZ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 33.24   Med: 62.16   Max: 94.93
Current: 51.02

During the past years, Domino's Pizza's highest Cyclically Adjusted Price-to-FCF was 94.93. The lowest was 33.24. And the median was 62.16.

WBO:DPZ's Cyclically Adjusted Price-to-FCF is ranked worse than
86.99% of 123 companies
in the Restaurants industry
Industry Median: 16.67 vs WBO:DPZ: 51.02

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.

Domino's Pizza's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €2.703. 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 €9.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Domino's Pizza Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Domino's Pizza'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.

Domino's Pizza Cyclically Adjusted Price-to-FCF Chart

Domino's Pizza 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 66.84 69.33 78.60 41.22 42.45

Domino's Pizza 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 37.83 37.07 39.65 42.45 49.13

Competitive Comparison of Domino's Pizza's Cyclically Adjusted Price-to-FCF

For the Restaurants subindustry, Domino's Pizza'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.


Domino's Pizza's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

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

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



Domino's Pizza 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.

Domino's Pizza's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=472.90/9.3
=50.85

* 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.

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

For example, Domino's Pizza'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)
=2.703/131.7762*131.7762
=2.703

Current CPI (Mar. 2024) = 131.7762.

Domino's Pizza Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.157 100.560 0.206
201409 0.631 100.428 0.828
201412 0.492 99.070 0.654
201503 1.250 99.621 1.653
201506 0.098 100.684 0.128
201509 0.796 100.392 1.045
201512 1.666 99.792 2.200
201603 0.117 100.470 0.153
201606 0.666 101.688 0.863
201609 1.447 101.861 1.872
201612 2.129 101.863 2.754
201703 1.207 102.862 1.546
201706 0.418 103.349 0.533
201709 1.788 104.136 2.263
201712 1.205 104.011 1.527
201803 1.280 105.290 1.602
201806 0.931 106.317 1.154
201809 1.592 106.507 1.970
201812 1.597 105.998 1.985
201903 1.778 107.251 2.185
201906 1.908 108.070 2.327
201909 2.291 108.329 2.787
201912 2.827 108.420 3.436
202003 1.779 108.902 2.153
202006 2.239 108.767 2.713
202009 3.011 109.815 3.613
202012 3.856 109.897 4.624
202103 2.920 111.754 3.443
202106 2.742 114.631 3.152
202109 3.931 115.734 4.476
202112 3.071 117.630 3.440
202203 1.653 121.301 1.796
202206 1.418 125.017 1.495
202209 4.450 125.227 4.683
202212 2.877 125.222 3.028
202303 2.502 127.348 2.589
202306 2.826 128.729 2.893
202309 4.202 129.860 4.264
202312 3.207 129.419 3.265
202403 2.703 131.776 2.703

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.


Domino's Pizza  (WBO:DPZ) 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.


Domino's Pizza Cyclically Adjusted Price-to-FCF Related Terms

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Domino's Pizza (WBO:DPZ) Business Description

Industry
Traded in Other Exchanges
Address
30 Frank Lloyd Wright Drive, Ann Arbor, MI, USA, 48105
Domino's is a restaurant operator and franchiser with nearly 20,000 global stores across more than 90 international markets at the end of 2022. The firm generates revenue through the sales of pizza, wings, salads, sandwiches, and desserts at company-owned stores, royalty and marketing contributions from franchise-operated stores, and its network of 26 domestic (and five Canadian) dough manufacturing and supply chain facilities, which centralize purchasing, preparation, and last-mile delivery for the firm's U.S. and Canadian restaurants. With roughly $17.7 billion in 2022 system sales, Domino's is the largest player in the global pizza market, ahead of Pizza Hut, Little Caesars, and Papa John's.

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