GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Nathan's Famous Inc (NAS:NATH) » Definitions » Cyclically Adjusted Price-to-FCF

Nathan's Famous (Nathan's Famous) Cyclically Adjusted Price-to-FCF : 17.14 (As of Apr. 27, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Nathan's Famous Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Nathan's Famous's current share 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 for today is 17.14.

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

NATH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.57   Med: 33.76   Max: 76.62
Current: 17.07

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

NATH's Cyclically Adjusted Price-to-FCF is ranked worse than
52.54% of 118 companies
in the Restaurants industry
Industry Median: 15.395 vs NATH: 17.07

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 adjusted free cash flow per share data 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 10 will get our Cyclically Adjusted FCF per Share, which is $3.77 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nathan's Famous Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nathan's Famous'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.

Nathan's Famous Cyclically Adjusted Price-to-FCF Chart

Nathan's Famous Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.33 27.09 25.70 18.99 23.41

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 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 21.92 23.41 22.90 19.02 20.69

Competitive Comparison of Nathan's Famous's Cyclically Adjusted Price-to-FCF

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 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.

Nathan's Famous's Cyclically Adjusted Price-to-FCF for 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.

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

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.

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.


Nathan's Famous  (NAS:NATH) 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.


Nathan's Famous Cyclically Adjusted Price-to-FCF Related Terms

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


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

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