GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Expedia Group Inc (NAS:EXPE) » Definitions » Cyclically Adjusted Price-to-FCF

Expedia Group (Expedia Group) Cyclically Adjusted Price-to-FCF : 18.85 (As of Apr. 27, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Expedia Group Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Expedia Group's current share price is $135.70. Expedia Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $7.20. Expedia Group's Cyclically Adjusted Price-to-FCF for today is 18.85.

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

EXPE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.34   Med: 20.55   Max: 58.82
Current: 18.84

During the past years, Expedia Group's highest Cyclically Adjusted Price-to-FCF was 58.82. The lowest was 7.34. And the median was 20.55.

EXPE's Cyclically Adjusted Price-to-FCF is ranked better than
54.94% of 344 companies
in the Travel & Leisure industry
Industry Median: 21.485 vs EXPE: 18.84

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.

Expedia Group's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-2.874. 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 $7.20 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Expedia Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Expedia Group'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.

Expedia Group Cyclically Adjusted Price-to-FCF Chart

Expedia Group 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 16.26 43.21 36.23 14.05 21.07

Expedia Group 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 14.05 12.94 13.74 14.24 21.07

Competitive Comparison of Expedia Group's Cyclically Adjusted Price-to-FCF

For the Travel Services subindustry, Expedia Group'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.


Expedia Group's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

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



Expedia Group 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.

Expedia Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=135.70/7.2
=18.85

* 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.

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

For example, Expedia Group'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)
=-2.874/129.4194*129.4194
=-2.874

Current CPI (Dec. 2023) = 129.4194.

Expedia Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 6.868 99.695 8.916
201406 3.075 100.560 3.958
201409 0.147 100.428 0.189
201412 -2.192 99.070 -2.864
201503 7.218 99.621 9.377
201506 1.842 100.684 2.368
201509 -2.078 100.392 -2.679
201512 -2.423 99.792 -3.142
201603 6.228 100.470 8.023
201606 2.640 101.688 3.360
201609 -2.396 101.861 -3.044
201612 -1.139 101.863 -1.447
201703 10.104 102.862 12.713
201706 3.254 103.349 4.075
201709 -3.879 104.136 -4.821
201712 -1.827 104.011 -2.273
201803 9.775 105.290 12.015
201806 3.905 106.317 4.754
201809 -3.878 106.507 -4.712
201812 -2.570 105.998 -3.138
201903 12.679 107.251 15.300
201906 5.536 108.070 6.630
201909 -7.648 108.329 -9.137
201912 0.307 108.420 0.366
202003 -7.605 108.902 -9.038
202006 -14.546 108.767 -17.308
202009 -7.041 109.815 -8.298
202012 -3.601 109.897 -4.241
202103 13.790 111.754 15.970
202106 15.635 114.631 17.652
202109 -8.725 115.734 -9.757
202112 0.925 117.630 1.018
202203 18.131 121.301 19.344
202206 9.339 125.017 9.668
202209 -7.211 125.227 -7.452
202212 -2.251 125.222 -2.326
202303 19.177 127.348 19.489
202306 6.079 128.729 6.112
202309 -10.748 129.860 -10.712
202312 -2.874 129.419 -2.874

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.


Expedia Group  (NAS:EXPE) 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.


Expedia Group Cyclically Adjusted Price-to-FCF Related Terms

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


Expedia Group (Expedia Group) Business Description

Address
1111 Expedia Group Way W, Seattle, WA, USA, 98119
Expedia is the world's second largest online travel agency by bookings, offering services for lodging (76% of total 2022 sales), air tickets (3%), rental cars, cruises, in-destination, and other (14%), and advertising revenue (7%). Expedia operates a number of branded travel booking sites, including Expedia.com, Hotels.com, Travelocity, Orbitz, Wotif, AirAsia, and Vrbo. It also has a metasearch brand, Trivago. Transaction fees for online bookings account for the bulk of sales and profits.
Executives
Dara Khosrowshahi officer: Chief Executive Officer C/O INTERACTIVE CORP, 152 WEST 57TH ST, NEW YORK NY 10019
Lance A Soliday officer: Chief Accounting Officer C/O EXPEDIA, INC., 333 108TH AVENUE NE, BELLEVUE WA 98004
Robert J Dzielak officer: EVP, Gen. Counsel & Sec. C/O EXPEDIA, INC., 333 108TH AVE NE, BELLEVUE WA 98004
Alexandr Wang director C/O EXPEDIA GROUP, INC., 1111 EXPEDIA GROUP WAY W., SEATTLE WA 98119
Madhumita Moina Banerjee director C/O JBG SMITH PROPERTIES, 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815
Henrique Vasoncelos Dubugras director 1000 LAUREL WAY, BEVERLY HILLS CA 90210
Jonathan L Dolgen director CHARTER COMMUNICATIONS, INC., 12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131
Patricia Menendez-cambo director C/O EXPEDIA GROUP, INC., 1111 EXPEDIA GROUP WAY W., SEATTLE WA 98119
Peter M Kern director C/O EXPEDIA, INC., 333 108TH AVENUE NE, BELLEVUE WA 98004
Susan C Athey director C/O EXPEDIA, INC., 333 108TH AVE NE, BELLEVUE WA 98004
Beverly J Anderson director 1550 PEACHTREE STREET NW, ATLANTA GA 30309
A George Battle director 600 TOWNSEND ST, SUITE 500, SAN FRANCISCO CA 94103
Slp V Fort Gp I, L.l.c. director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slp V Fort Holdings I, L.p. director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slp Fort Aggregator Ii, L.p director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025

Expedia Group (Expedia Group) Headlines

From GuruFocus

Q4 2019 Expedia Group Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2021 Expedia Group Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2023 Expedia Group Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2023 Expedia Group Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2022 Expedia Group Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2020 Expedia Group Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2020 Expedia Group Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2022 Expedia Group Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024