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Nathan's Famous (Nathan's Famous) Cyclically Adjusted FCF per Share : $3.77 (As of Dec. 2023)


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What is Nathan's Famous 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.

Nathan's Famous's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.528. 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 $3.77 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Nathan's Famous's average Cyclically Adjusted FCF Growth Rate was 22.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 13.70% 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 Nathan's Famous was 29.60% per year. The lowest was 6.40% per year. And the median was 15.80% per year.

As of today (2024-04-27), Nathan's Famous's current stock price is $64.62. Nathan's Famous's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.77. Nathan's Famous's Cyclically Adjusted Price-to-FCF of today is 17.14.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nathan's Famous was 76.62. The lowest was 16.57. And the median was 33.76.


Nathan's Famous Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Nathan's Famous'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.

Nathan's Famous Cyclically Adjusted FCF per Share Chart

Nathan's Famous Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.05 2.25 2.46 2.85 3.23

Nathan's Famous 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 3.07 3.23 3.43 3.71 3.77

Competitive Comparison of Nathan's Famous's Cyclically Adjusted FCF per Share

For the Restaurants subindustry, Nathan's Famous'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.


Nathan's Famous's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

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

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



Nathan's Famous 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, Nathan's Famous'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)
=0.528/129.4194*129.4194
=0.528

Current CPI (Dec. 2023) = 129.4194.

Nathan's Famous Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.920 99.695 1.194
201406 0.609 100.560 0.784
201409 1.121 100.428 1.445
201412 0.406 99.070 0.530
201503 0.422 99.621 0.548
201506 1.398 100.684 1.797
201509 0.435 100.392 0.561
201512 1.061 99.792 1.376
201603 -0.405 100.470 -0.522
201606 1.114 101.688 1.418
201609 0.544 101.861 0.691
201612 0.432 101.863 0.549
201703 0.121 102.862 0.152
201706 0.993 103.349 1.243
201709 0.204 104.136 0.254
201712 0.541 104.011 0.673
201803 2.600 105.290 3.196
201806 -0.698 106.317 -0.850
201809 3.006 106.507 3.653
201812 -0.645 105.998 -0.788
201903 0.871 107.251 1.051
201906 -0.272 108.070 -0.326
201909 1.669 108.329 1.994
201912 0.092 108.420 0.110
202003 1.231 108.902 1.463
202006 0.671 108.767 0.798
202009 1.464 109.815 1.725
202012 -0.845 109.897 -0.995
202103 1.435 111.754 1.662
202106 -0.024 114.631 -0.027
202109 2.109 115.734 2.358
202112 0.207 117.630 0.228
202203 1.558 121.301 1.662
202206 0.128 125.017 0.133
202209 2.157 125.227 2.229
202212 0.834 125.222 0.862
202303 1.580 127.348 1.606
202306 0.508 128.729 0.511
202309 2.229 129.860 2.221
202312 0.528 129.419 0.528

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


Nathan's Famous  (NAS:NATH) 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.

Nathan's Famous's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=64.62/3.77
=17.14

* 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 Nathan's Famous was 76.62. The lowest was 16.57. And the median was 33.76.


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.


Nathan's Famous Cyclically Adjusted FCF per Share Related Terms

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


Nathan's Famous (Nathan's Famous) Business Description

Industry
Traded in Other Exchanges
Address
One Jericho Plaza, Second Floor - Wing A, Jericho, NY, USA, 11753
Nathan's Famous Inc is an owner of fast food franchises in the United States. The company's reportable segment includes the Branded Product Program, Product licensing, Restaurant operations and Corporate. Branded Product Program derives revenue principally from the sale of hot dog products either directly to foodservice operators or to various foodservice distributors who resell the products to foodservice operators. It generates maximum revenue from the Branded Product Program segment. Geographically, it derives a majority of revenue from the United States.
Executives
Brian S Genson director
Joanne Podell director ONE JERICHO PLAZA, JERICHO NY 11753
Robert E Steinberg officer: VP Finance, CFO, Treasurer NATHAN'S FAMOUS INC., ONE JERICHO PLAZA, JERICHO NY 11753
Andrew M Levine director C/O NATHAN'S FAMOUS, INC., ONE JERICHO PLAZA, SECOND FLOOR - WING A, JERICHO NY 11753
Ronald G Devos officer: VP-Fin, CFO and Secy
James Robert Walker officer: SVP, Restaurants C/O NATHAN'S FAMOUS, INC., ONE JERICHO PLAZA, SECOND FLOOR - WING A, JERICHO NY 11753
Robert J Eide director 70 EAST SUNRISE HIGHWAY STE 415, VALLEY STREAM NY 11581
Randy Watts officer: VP - Franchise Operations 1400 OLD COUNTRY ROAD, SUITE 400, WESTBURY NY 11590
Leigh Platte officer: Vice President, Food Service C/O NATHAN'S FAMOUS, INC., ONE JERICHO PLAZA, SECOND FLOOR - WING A, JERICHO NY 11753
Scott F. Harvey officer: Executive Vice President ONE JERICHO PLAZA, SECOND FLOOR - WING A, JERICHO NY 11753
Donald P Schedler officer: Vice President
Barry Leistner director
Wayne Norbitz director, officer: President
Donald L Perlyn director, officer: Executive Vice President
Howard M Lorber director, 10 percent owner, officer: Executive Chairman 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137

Nathan's Famous (Nathan's Famous) Headlines