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Hyatt Hotels (Hyatt Hotels) Cyclically Adjusted FCF per Share : $1.38 (As of Dec. 2023)


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What is Hyatt Hotels 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.

Hyatt Hotels's adjusted free cash flow per share for the three months ended in Dec. 2023 was $2.889. 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 $1.38 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Hyatt Hotels's average Cyclically Adjusted FCF Growth Rate was 39.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 41.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 0.90% 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 Hyatt Hotels was 41.20% per year. The lowest was -26.40% per year. And the median was -12.90% per year.

As of today (2024-04-28), Hyatt Hotels's current stock price is $151.32. Hyatt Hotels's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.38. Hyatt Hotels's Cyclically Adjusted Price-to-FCF of today is 109.65.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hyatt Hotels was 228.20. The lowest was 35.33. And the median was 91.44.


Hyatt Hotels Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hyatt Hotels'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.

Hyatt Hotels Cyclically Adjusted FCF per Share Chart

Hyatt Hotels 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 1.29 0.49 0.66 0.99 1.38

Hyatt Hotels 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 0.99 1.19 1.23 1.11 1.38

Competitive Comparison of Hyatt Hotels's Cyclically Adjusted FCF per Share

For the Lodging subindustry, Hyatt Hotels'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.


Hyatt Hotels's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

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



Hyatt Hotels 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, Hyatt Hotels'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)
=2.889/129.4194*129.4194
=2.889

Current CPI (Dec. 2023) = 129.4194.

Hyatt Hotels Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.051 99.695 0.066
201406 0.863 100.560 1.111
201409 0.338 100.428 0.436
201412 0.171 99.070 0.223
201503 -0.309 99.621 -0.401
201506 0.742 100.684 0.954
201509 1.042 100.392 1.343
201512 0.417 99.792 0.541
201603 0.096 100.470 0.124
201606 1.045 101.688 1.330
201609 0.428 101.861 0.544
201612 0.303 101.863 0.385
201703 0.695 102.862 0.874
201706 0.678 103.349 0.849
201709 0.311 104.136 0.387
201712 0.597 104.011 0.743
201803 -0.050 105.290 -0.061
201806 -0.730 106.317 -0.889
201809 0.247 106.507 0.300
201812 0.971 105.998 1.186
201903 -0.493 107.251 -0.595
201906 0.804 108.070 0.963
201909 -0.028 108.329 -0.033
201912 -0.029 108.420 -0.035
202003 -1.529 108.902 -1.817
202006 -2.597 108.767 -3.090
202009 -1.471 109.815 -1.734
202012 -1.638 109.897 -1.929
202103 -1.083 111.754 -1.254
202106 0.147 114.631 0.166
202109 2.298 115.734 2.570
202112 0.545 117.630 0.600
202203 1.244 121.301 1.327
202206 1.269 125.017 1.314
202209 -0.162 125.227 -0.167
202212 1.933 125.222 1.998
202303 1.790 127.348 1.819
202306 0.889 128.729 0.894
202309 -0.084 129.860 -0.084
202312 2.889 129.419 2.889

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


Hyatt Hotels  (NYSE:H) 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.

Hyatt Hotels's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=151.32/1.38
=109.65

* 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 Hyatt Hotels was 228.20. The lowest was 35.33. And the median was 91.44.


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.


Hyatt Hotels Cyclically Adjusted FCF per Share Related Terms

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


Hyatt Hotels (Hyatt Hotels) Business Description

Traded in Other Exchanges
Address
150 North Riverside Plaza, 8th Floor, Chicago, IL, USA, 60606
Hyatt is an operator of owned (4% of total rooms) and managed and franchise (96%) properties across around 20 upscale luxury brands, which includes vacation brands (Apple Leisure Group, Hyatt Ziva and Hyatt Zilara), the recently launched full-service lifestyle brand Hyatt Centric, the soft lifestyle brand Unbound, and the wellness brand Miraval. Hyatt acquired Two Roads in November 2018 and Apple Leisure Group in 2021. The regional exposure as a percentage of total rooms is 55% Americas, 19% Asia-Pacific, and 26% rest of world.
Executives
Jnp Parachute Mirror Trust L other: See Remarks 104 SOUTH MICHIGAN AVENUE, SUITE 900, CHICAGO IL 60603-5906
Jnp Parachute Mirror Trust K other: See Remarks 104 SOUTH MICHIGAN AVENUE, SUITE 900, CHICAGO IL 60603-5906
Jnp 2010-pg Trust other: See Remarks 104 SOUTH MICHIGAN AVENUE, SUITE 900, CHICAGO IL 60603-5906
Joan Bottarini officer: See Remarks 150 NORTH RIVERSIDE PLAZA, CHICAGO IL 60606
Peter Sears officer: See Remarks 71 SOUTH WACKER DRIVE, 12TH FLOOR, CHICAGO IL 60606
David Udell officer: See Remarks 71 SOUTH WACKER DRIVE, 12TH FLOOR, CHICAGO IL 60606
Malaika Myers officer: See Remarks 71 SOUTH WACKER DRIVE, CHICAGO IL 60606
Mark R Vondrasek officer: See Remarks C/O AFFINION GROUP HOLDINGS, INC., 6 HIGH RIDGE PARK, STAMFORD CT 06905
Jspv 2010 Lasalle Mirror Trust #56 other: See Remarks 3555 TIMMONS LANE, SUITE 800, HOUSTON TX 77027
Tspv 2010 Lasalle Mirror Trust #60 other: See Remarks 3555 TIMMONS LANE, SUITE 800, HOUSTON TX 77027
Acps 2010 Lasalle Mirror Trust #19 other: See Remarks 3555 TIMMONS LANE, SUITE 800, HOUSTON TX 77027
Djps 2010 Lasalle Mirror Trust #46 other: See Remarks 3555 TIMMONS LANE, SUITE 800, HOUSTON TX 77027
Richard C Tuttle director 71 SOUTH WACKER DRIVE, 12TH FLOOR, CHICAGO IL 60606
Michael A Rocca director C/O LIGAND PHARMACEUTICALS INCORPORATED, 10275 SCIENCE CENTER DRIVE, SAN DIEGO CA 92121
Susan D Kronick director C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202