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Vail Resorts (Vail Resorts) Cyclically Adjusted Price-to-FCF : 18.55 (As of Apr. 28, 2024)


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What is Vail Resorts Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Vail Resorts's current share price is $198.33. Vail Resorts's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $10.69. Vail Resorts's Cyclically Adjusted Price-to-FCF for today is 18.55.

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

MTN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.55   Med: 38.19   Max: 62.75
Current: 18.56

During the past years, Vail Resorts's highest Cyclically Adjusted Price-to-FCF was 62.75. The lowest was 18.55. And the median was 38.19.

MTN's Cyclically Adjusted Price-to-FCF is ranked better than
55.52% of 344 companies
in the Travel & Leisure industry
Industry Median: 21.485 vs MTN: 18.56

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.

Vail Resorts's adjusted free cash flow per share data for the three months ended in Jan. 2024 was $4.357. 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 $10.69 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vail Resorts Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Vail Resorts'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.

Vail Resorts Cyclically Adjusted Price-to-FCF Chart

Vail Resorts Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.23 29.30 41.44 25.91 24.07

Vail Resorts Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 26.73 24.70 24.07 19.96 20.77

Competitive Comparison of Vail Resorts's Cyclically Adjusted Price-to-FCF

For the Resorts & Casinos subindustry, Vail 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.


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

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

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



Vail Resorts 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.

Vail Resorts's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=198.33/10.69
=18.55

* 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.

Vail Resorts's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Vail Resorts's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=4.357/129.4194*129.4194
=4.357

Current CPI (Jan. 2024) = 129.4194.

Vail Resorts Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 3.164 100.023 4.094
201407 -1.898 100.520 -2.444
201410 -0.090 100.176 -0.116
201501 5.444 98.604 7.145
201504 2.903 99.824 3.764
201507 -3.440 100.691 -4.421
201510 1.357 100.346 1.750
201601 4.905 99.957 6.351
201604 3.619 100.947 4.640
201607 -1.057 101.524 -1.347
201610 0.298 101.988 0.378
201701 5.485 102.456 6.928
201704 3.543 103.167 4.445
201707 -1.405 103.278 -1.761
201710 2.933 104.070 3.647
201801 5.492 104.578 6.797
201804 3.080 105.708 3.771
201807 -1.653 106.324 -2.012
201810 3.190 106.695 3.869
201901 6.406 106.200 7.807
201904 3.073 107.818 3.689
201907 -1.865 108.250 -2.230
201910 3.885 108.577 4.631
202001 6.331 108.841 7.528
202004 -2.324 108.173 -2.780
202007 -2.425 109.318 -2.871
202010 2.033 109.861 2.395
202101 7.594 110.364 8.905
202104 1.805 112.673 2.073
202107 -1.355 115.183 -1.522
202110 7.390 116.696 8.196
202201 4.497 118.619 4.906
202204 3.239 121.978 3.437
202207 -2.296 125.002 -2.377
202210 5.184 125.734 5.336
202301 4.700 126.223 4.819
202304 1.683 127.992 1.702
202307 -3.776 128.974 -3.789
202310 7.218 129.810 7.196
202401 4.357 129.419 4.357

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.


Vail Resorts  (NYSE:MTN) 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.


Vail Resorts Cyclically Adjusted Price-to-FCF Related Terms

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


Vail Resorts (Vail Resorts) Business Description

Traded in Other Exchanges
Address
390 Interlocken Crescent, Broomfield, CO, USA, 80021
Vail Resorts Inc Bhd is a resorts and casinos company that operates mountain resorts and ski areas. The company has three business segments that include Mountain, Lodging, and Real Estate. The Mountain segment operates numerous ski resort properties that offer a variety of winter and summer activities, such as skiing, snowboarding, snowshoeing, hiking, and mountain biking. The Lodging segment owns and operates hotels and condominiums. The Real Estate segment owns, develops, and leases real estate, typically near its other properties. The company generates the vast majority of its revenue within the United States.
Executives
Hilary Schneider director C/O LIFELOCK, INC., 60 EAST RIO SALADO PARKWAY, SUITE 400, TEMPE AZ 85281
William Rock officer: President, Mountain Division C/O VAIL RESORTS, INC., 390 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Angela A Korch officer: EVP & Chief Financial Officer C/O VAIL RESORTS, INC., 390 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Michael Z Barkin officer: EVP & Chief Financial Officer 390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
John F Sorte director VAIL RESORTS INC, PO BOX 7, VAIL CO 89658
Robert A Katz director, officer: Chief Exec.Officer & Chairman C/O VAIL RESORTS, INC., 390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
Ryan Bennett officer: SVP & Chief Marketing Officer 390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
Nathan Mark Gronberg officer: VP, Controller & CAO 390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
Peter A Vaughn director 390 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
James C. O'donnell officer: EVP, Hospitality, Retail & RE 390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
David T Shapiro officer: EVP, General Counsel & Sec. 601 HAWAII ST., EL SEGUNDO CA 90245
Kirsten A. Lynch officer: EVP & Chief Marketing Officer 390 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Gregory Jon Sullivan officer: SVP, Retail & Hospitality 390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
Patricia A Campbell officer: President-Mountain Division 390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
Ryan H Siurek officer: VP, Controller & CAO 6200 SPRINT PARKWAY, OVERLAND PARK KS 66251