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Cinemark Holdings (Cinemark Holdings) Cyclically Adjusted Price-to-FCF : 17.30 (As of Apr. 27, 2024)


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What is Cinemark Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Cinemark Holdings's current share price is $17.65. Cinemark Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.02. Cinemark Holdings's Cyclically Adjusted Price-to-FCF for today is 17.30.

The historical rank and industry rank for Cinemark Holdings's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CNK' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.75   Med: 26.13   Max: 41.3
Current: 17.12

During the past years, Cinemark Holdings's highest Cyclically Adjusted Price-to-FCF was 41.30. The lowest was 5.75. And the median was 26.13.

CNK's Cyclically Adjusted Price-to-FCF is ranked worse than
52.1% of 357 companies
in the Media - Diversified industry
Industry Median: 16.88 vs CNK: 17.12

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.

Cinemark Holdings's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.319. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $1.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cinemark Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cinemark Holdings'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.

* Premium members only.

Cinemark Holdings Cyclically Adjusted Price-to-FCF Chart

Cinemark Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.25 16.26 16.52 10.09 13.80

Cinemark Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 10.09 17.38 16.75 17.85 13.80

Competitive Comparison of Cinemark Holdings's Cyclically Adjusted Price-to-FCF

For the Entertainment subindustry, Cinemark Holdings'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.


Cinemark Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Cinemark Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Cinemark Holdings 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.

Cinemark Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=17.65/1.02
=17.30

* 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.

Cinemark Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Cinemark Holdings'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)
=0.319/129.4194*129.4194
=0.319

Current CPI (Dec. 2023) = 129.4194.

Cinemark Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.079 99.695 0.103
201406 0.419 100.560 0.539
201409 0.085 100.428 0.110
201412 1.241 99.070 1.621
201503 -0.527 99.621 -0.685
201506 0.743 100.684 0.955
201509 -0.270 100.392 -0.348
201512 1.124 99.792 1.458
201603 0.173 100.470 0.223
201606 0.427 101.688 0.543
201609 -0.185 101.861 -0.235
201612 0.759 101.863 0.964
201703 0.512 102.862 0.644
201706 -0.056 103.349 -0.070
201709 -0.034 104.136 -0.042
201712 0.855 104.011 1.064
201803 0.030 105.290 0.037
201806 0.979 106.317 1.192
201809 -0.114 106.507 -0.139
201812 0.916 105.998 1.118
201903 0.401 107.251 0.484
201906 1.216 108.070 1.456
201909 0.191 108.329 0.228
201912 0.408 108.420 0.487
202003 -0.427 108.902 -0.507
202006 -1.295 108.767 -1.541
202009 -0.295 109.815 -0.348
202012 -1.526 109.897 -1.797
202103 -1.210 111.754 -1.401
202106 0.747 114.631 0.843
202109 -0.385 115.734 -0.431
202112 1.446 117.630 1.591
202203 -1.166 121.301 -1.244
202206 1.295 125.017 1.341
202209 -0.449 125.227 -0.464
202212 0.531 125.222 0.549
202303 -0.155 127.348 -0.158
202306 1.449 128.729 1.457
202309 0.294 129.860 0.293
202312 0.319 129.419 0.319

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.


Cinemark Holdings  (NYSE:CNK) 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.


Cinemark Holdings Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Cinemark Holdings's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Cinemark Holdings (Cinemark Holdings) Business Description

Traded in Other Exchanges
Address
3900 Dallas Parkway, Suite 500, Plano, TX, USA, 75093
Cinemark Holdings Inc is geographically diverse operators in the motion picture exhibition industry in the United States. The company operates in around 518 theatres and 5,847 screens in the United States and Latin America. The company generates revenue from filmed entertainment box office receipts and concession sales, with additional revenue from screen advertising, screen rental and other revenue streams, such as transactional fees, vendor marketing promotions, studio trailer placements, meeting rentals and electronic video games located in some of the theatres. Majority of Cinemark's theaters are located in midsize cities or suburbs of large cities.
Executives
Kevin Leroy Mitchell director 3900 DALLAS PARKWAY, PLANO TX 75093
Enrique Senior director 711 FIFTH AVENUE, NEW YORK NY 10022
Wanda Marie Gierhart officer: EVP - Chief Marketing Officer 3900 DALLAS PARKWAY, PLANO TX 75093
Caren Bedard officer: SVP-Global Controller 3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Michael Cavalier officer: SVP-General Counsel 3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Melissa Thomas officer: EVP, Chief Financial Officer 600 WEST CHICAGO AVE, STE 400, CHICAGO IL 60654
Valmir Fernandes officer: Pr - Cinemark International 3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Mark Zoradi director C/O DREAMWORKS ANIMATION SKG, INC., 1000 FLOWER STREET, GLENDALE CA 91201
Ximena G Humrichouse director 1230 RIVER BEND DRIVE, SUITE 215, DALLAS TX 75247
Lee Roy Mitchell director, 10 percent owner, officer: Chairman of the Board
Sean Gamble officer: Chief Financial Officer 3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Tom Owens officer: SVP - Real Estate 3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Nancy S. Loewe director 351 PHELPS DRIVE, IRVING TX 75038
Timothy Warner officer: President and COO 3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Robert Copple officer: Chief Financial Officer 3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093