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Domino's Pizza (Domino's Pizza) Cyclically Adjusted FCF per Share : $9.71 (As of Dec. 2023)


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What is Domino's Pizza Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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 for the three months ended in Dec. 2023 was $3.498. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $9.71 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Domino's Pizza's average Cyclically Adjusted FCF Growth Rate was 15.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 20.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 23.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 20.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Domino's Pizza was 27.20% per year. The lowest was 7.70% per year. And the median was 20.60% per year.

As of today (2024-04-27), Domino's Pizza's current stock price is $499.07. Domino's Pizza's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $9.71. Domino's Pizza's Cyclically Adjusted Price-to-FCF of today is 51.40.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Domino's Pizza was 94.93. The lowest was 32.36. And the median was 62.16.


Domino's Pizza Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Domino's Pizza's Cyclically Adjusted FCF per Share 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 FCF per Share Chart

Domino's Pizza Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.40 5.53 7.18 8.40 9.71

Domino's Pizza Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 8.40 8.72 9.09 9.55 9.71

Competitive Comparison of Domino's Pizza's Cyclically Adjusted FCF per Share

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 FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Domino's Pizza's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.498/129.4194*129.4194
=3.498

Current CPI (Dec. 2023) = 129.4194.

Domino's Pizza Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.517 99.695 0.671
201406 0.214 100.560 0.275
201409 0.814 100.428 1.049
201412 0.606 99.070 0.792
201503 1.353 99.621 1.758
201506 0.110 100.684 0.141
201509 0.893 100.392 1.151
201512 1.814 99.792 2.353
201603 0.130 100.470 0.167
201606 0.748 101.688 0.952
201609 1.624 101.861 2.063
201612 2.246 101.863 2.854
201703 1.291 102.862 1.624
201706 0.469 103.349 0.587
201709 2.131 104.136 2.648
201712 1.426 104.011 1.774
201803 1.578 105.290 1.940
201806 1.087 106.317 1.323
201809 1.858 106.507 2.258
201812 1.817 105.998 2.218
201903 2.009 107.251 2.424
201906 2.156 108.070 2.582
201909 2.523 108.329 3.014
201912 3.141 108.420 3.749
202003 1.965 108.902 2.335
202006 2.521 108.767 3.000
202009 3.547 109.815 4.180
202012 4.691 109.897 5.524
202103 3.476 111.754 4.025
202106 3.304 114.631 3.730
202109 4.624 115.734 5.171
202112 3.470 117.630 3.818
202203 1.821 121.301 1.943
202206 1.499 125.017 1.552
202209 4.406 125.227 4.554
202212 3.048 125.222 3.150
202303 2.679 127.348 2.723
202306 3.062 128.729 3.078
202309 4.484 129.860 4.469
202312 3.498 129.419 3.498

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Domino's Pizza  (NYSE:DPZ) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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 Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=499.07/9.71
=51.40

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Domino's Pizza was 94.93. The lowest was 32.36. And the median was 62.16.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Domino's Pizza Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Domino's Pizza's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Domino's Pizza (Domino's Pizza) Business Description

Industry
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.
Executives
Sam Jackson officer: EVP, Human Resources 30 FRANK LLOYD WRIGHT DRIVE, ANN ARBOR MI 48105
Andy Ballard director ONE MARITIME PLAZA, SUITE 1350, SAN FRANCISCO CA 94111
Lisa V Price officer: EVP, Chief Human Resources Ofc 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105
Cynthia A Headen officer: EVP, Supply Chain Services 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105
Andrew Balson director, 10 percent owner
Patricia E Lopez director 333 LUDLOW ST, STAMFORD CT 06902
Joseph Hugh Jordan officer: EVP, International 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105
James A Goldman director
Reddy Sandeep officer: EVP, Chief Financial Officer C/O GUESS?, INC., 1444 SOUTH ALAMEDA STREET, LOS ANGELES CA 90021
Russell J Weiner officer: President, Domino's U.S.A. 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105
Jessica L Parrish officer: VP, Treasurer, Corp Controller 30 FRANK LLOYD WRIGHT DRIVE, ANN ARBOR MI 48105
Allison Richard E Jr officer: President, Domino's Int'l 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105
Kevin Scott Morris officer: EVP, Gen'l Counsel, Secretary 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105
Diana F Cantor director 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Timothy P. Mcintyre officer: EVP, Comm, Investor Relations 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105

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