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Pierre & Vacances (XPAR:VAC) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Pierre & Vacances Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pierre & Vacances Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pierre & Vacances'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.

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Pierre & Vacances Cyclically Adjusted Price-to-FCF Chart

Pierre & Vacances Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Cyclically Adjusted Price-to-FCF
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Pierre & Vacances Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Mar24
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Competitive Comparison of Pierre & Vacances's Cyclically Adjusted Price-to-FCF

For the Lodging subindustry, Pierre & Vacances'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.


Pierre & Vacances's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Pierre & Vacances's Cyclically Adjusted Price-to-FCF falls into.



Pierre & Vacances 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.

Pierre & Vacances's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep22 is calculated as:

For example, Pierre & Vacances's adjusted Free Cash Flow per Share data for the fiscal year that ended in Sep22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep22 (Change)*Current CPI (Sep22)
=3.668/112.7400*112.7400
=3.668

Current CPI (Sep22) = 112.7400.

Pierre & Vacances Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 -2.401 99.630 -2.717
201409 0.579 99.920 0.653
201509 1.439 99.950 1.623
201609 0.327 100.340 0.367
201709 0.046 101.330 0.051
201809 -1.668 103.560 -1.816
201909 0.084 104.500 0.091
202009 -0.889 104.550 -0.959
202109 -2.989 106.810 -3.155
202209 3.668 112.740 3.668

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.


Pierre & Vacances  (XPAR:VAC) 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.


Pierre & Vacances Cyclically Adjusted Price-to-FCF Related Terms

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Pierre & Vacances (XPAR:VAC) Business Description

Traded in Other Exchanges
Address
L’Artois, Espace Pont de Flandre, 11, Rue de Cambrai, Paris Cedex 19, Paris, FRA, 75947
Pierre & Vacances is a France-based company engaged in providing holiday residences. The company's segment includes Center Parcs; Pierre and Vacances; Adagio; Major Projects and Senioriales and riales Holding company. It generates maximum revenue from the Center Parcs segment. The Center Parcs segment includes the operation of the Domaines marketed under the Center Parcs, Sunparks and Villages Nature brands, and the construction/renovation of tourism assets and real estate marketing activities in the Netherlands, Germany and Belgium.