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United Parks & Resorts (United Parks & Resorts) Intrinsic Value: Projected FCF : $28.71 (As of Apr. 25, 2024)


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What is United Parks & Resorts Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-04-25), United Parks & Resorts's Intrinsic Value: Projected FCF is $28.71. The stock price of United Parks & Resorts is $51.25. Therefore, United Parks & Resorts's Price-to-Intrinsic-Value-Projected-FCF of today is 1.8.

The historical rank and industry rank for United Parks & Resorts's Intrinsic Value: Projected FCF or its related term are showing as below:

PRKS' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.12   Med: 2.27   Max: 9.08
Current: 1.78

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of United Parks & Resorts was 9.08. The lowest was 1.12. And the median was 2.27.

PRKS's Price-to-Projected-FCF is ranked worse than
65.06% of 561 companies
in the Travel & Leisure industry
Industry Median: 1.19 vs PRKS: 1.78

United Parks & Resorts Intrinsic Value: Projected FCF Historical Data

The historical data trend for United Parks & Resorts's Intrinsic Value: Projected 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.

United Parks & Resorts Intrinsic Value: Projected FCF Chart

United Parks & Resorts Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.98 3.48 9.55 10.97 28.71

United Parks & Resorts Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Intrinsic Value: Projected 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 10.97 11.04 53.47 25.25 28.71

Competitive Comparison of United Parks & Resorts's Intrinsic Value: Projected FCF

For the Leisure subindustry, United Parks & Resorts's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.


United Parks & Resorts's Price-to-Projected-FCF Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where United Parks & Resorts's Price-to-Projected-FCF falls into.



United Parks & Resorts Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get United Parks & Resorts's Free Cash Flow(6 year avg) = $151.58.

United Parks & Resorts's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec23)/0.8)/Shares Outstanding (Diluted Average)
=(13.973715027901*151.5808+-208.216/0.8)/64.701
=28.71

* 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.


United Parks & Resorts  (NYSE:PRKS) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

United Parks & Resorts's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=51.25/28.714809707752
=1.78

* 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.


United Parks & Resorts Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of United Parks & Resorts's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


United Parks & Resorts (United Parks & Resorts) Business Description

Traded in Other Exchanges
N/A
Address
6240 Sea Harbor Drive, Orlando, FL, USA, 32821
SeaWorld Entertainment Inc operates in the United States leisure industry. Its core business is the operation of theme parks and such entertainment facilities involving sea animals across the country under prominent brands such as SeaWorld, Sea Rescue, and Busch Gardens. Seaworld also operates a reservations-only attraction offering interaction with marine animals known as Discovery Cove and a seasonal park under the name Sesame Place. The company generates most of its revenue from selling admission to the theme parks.
Executives
Kyle Robert Miller officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Shekufeh Boyle officer: Chief Accounting Officer 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Swanson Marc officer: Chief Accounting Officer C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821
George Anthony Taylor officer: See Remarks C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
William Gray director 355 MAPLE AVENUE, HARLEYSVILLE PA 19438
Byron Surrett officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Christopher Dold officer: Chief Zoological Officer C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
Forrester James W Jr officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Christopher L. Finazzo officer: Chief Commercial Officer C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821
Michelle F Adams officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
James Clark Hughes officer: Chief Human Resources Officer 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Daniel C Mayer officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Timothy Hartnett director 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Elizabeth Gulacsy officer: Chief Accounting Officer C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
Sharon P Nadeau officer: Chief Human Resources Officer 6240 SEA HARBOR DR, ORLANDO FL 32821