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Red Rock Resorts (Red Rock Resorts) Cyclically Adjusted FCF per Share : $1.62 (As of Dec. 2023)


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What is Red Rock Resorts 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.

Red Rock Resorts's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.272. 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 $1.62 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-04-27), Red Rock Resorts's current stock price is $54.12. Red Rock Resorts's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.62. Red Rock Resorts's Cyclically Adjusted Price-to-FCF of today is 33.41.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Red Rock Resorts was 37.99. The lowest was 22.87. And the median was 32.27.


Red Rock Resorts Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Red Rock Resorts'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.

Red Rock Resorts Cyclically Adjusted FCF per Share Chart

Red Rock Resorts 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 - - - - 1.62

Red Rock Resorts 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 - - - 1.71 1.62

Competitive Comparison of Red Rock Resorts's Cyclically Adjusted FCF per Share

For the Resorts & Casinos subindustry, Red Rock Resorts'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.


Red Rock Resorts's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Red Rock Resorts's Cyclically Adjusted Price-to-FCF falls into.



Red Rock Resorts 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, Red Rock Resorts'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)
=-0.272/129.4194*129.4194
=-0.272

Current CPI (Dec. 2023) = 129.4194.

Red Rock Resorts Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 98.326 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 1.437 99.621 1.867
201506 1.821 100.684 2.341
201509 0.509 100.392 0.656
201512 1.865 99.792 2.419
201603 1.662 100.470 2.141
201606 0.450 101.688 0.573
201609 0.998 101.861 1.268
201612 0.979 101.863 1.244
201703 0.814 102.862 1.024
201706 -0.779 103.349 -0.976
201709 0.107 104.136 0.133
201712 0.241 104.011 0.300
201803 -0.271 105.290 -0.333
201806 -0.299 106.317 -0.364
201809 -0.683 106.507 -0.830
201812 -1.054 105.998 -1.287
201903 -0.903 107.251 -1.090
201906 -0.331 108.070 -0.396
201909 -0.527 108.329 -0.630
201912 1.021 108.420 1.219
202003 0.244 108.902 0.290
202006 -1.628 108.767 -1.937
202009 1.110 109.815 1.308
202012 1.723 109.897 2.029
202103 1.580 111.754 1.830
202106 1.534 114.631 1.732
202109 1.244 115.734 1.391
202112 0.935 117.630 1.029
202203 1.100 121.301 1.174
202206 0.938 125.017 0.971
202209 -1.276 125.227 -1.319
202212 -1.102 125.222 -1.139
202303 -0.359 127.348 -0.365
202306 -1.035 128.729 -1.041
202309 -0.341 129.860 -0.340
202312 -0.272 129.419 -0.272

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


Red Rock Resorts  (NAS:RRR) 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.

Red Rock Resorts's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=54.12/1.62
=33.41

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of Red Rock Resorts was 37.99. The lowest was 22.87. And the median was 32.27.


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.


Red Rock Resorts Cyclically Adjusted FCF per Share Related Terms

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


Red Rock Resorts (Red Rock Resorts) Business Description

Traded in Other Exchanges
Address
1505 South Pavilion Center Drive, Las Vegas, NV, USA, 89135
Red Rock Resorts Inc along with its subsidiary is a gaming, development, and management company. The company mainly develops strategically-located casino and entertainment properties. It generates a majority of its revenue from Casino.
Executives
Robert A Finch officer: EVP & Chief Operating Officer C/O RED ROCK RESORTS, INC., 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Scott Kreeger officer: President 2535 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS CA 89109
Fertitta Frank J Iii director, 10 percent owner 2411 W SAHARA AVE, LAS VEGAS NV 89102
Lorenzo J Fertitta director, 10 percent owner 2960 W SAHARA AVENUE, LAS VEGAS NV 89102
Joseph J Hasson officer: EVP of Operations C/O RED ROCK RESORTS, INC., 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Richard J Haskins officer: President
Jeffrey T Welch officer: EVP and Chief Legal Officer C/O RED ROCK RESORTS,INC., 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Robert E Lewis director 2411 W. SAHARA AVE, LAS VEGAS NV 89102
Cashell Robert A. Jr director 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Marc J. Falcone officer: EVP, CFO and Treasuer 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Daniel J Roy officer: EVP and COO 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Nave James E D V M director 2411 W SAHARA AVENUE, LAS VEGAS NV 89102
Stephen Lawrence Cootey officer: See Remarks C/O RED ROCK RESORTS, INC., 1505 SOUTH PAVILION CENTER DRIVE,, LAS VEGAS NV 89135
Bank Ag\ Deutsche 10 percent owner TAUNUSANLAGE 12 D-60325, FRANKFURT AM MAIN 2M 00000
Fi Station Investor Llc director, 10 percent owner 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135