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PlayAGS (PlayAGS) Cyclically Adjusted FCF per Share : $-0.10 (As of Mar. 2024)


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What is PlayAGS Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

PlayAGS's adjusted free cash flow per share data for the fiscal year that ended in Dec. 2023 was $0.636. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-0.10 for the trailing ten years ended in Dec. 2023.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-05-31), PlayAGS's current stock price is $ 11.55. PlayAGS's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec. 2023 was $-0.10. PlayAGS's Cyclically Adjusted Price-to-FCF of today is .


PlayAGS Cyclically Adjusted FCF per Share Historical Data

The historical data trend for PlayAGS's Cyclically Adjusted FCF per Share 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.

PlayAGS Cyclically Adjusted FCF per Share Chart

PlayAGS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -0.10

PlayAGS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 - - - -0.10 -

Competitive Comparison of PlayAGS's Cyclically Adjusted FCF per Share

For the Gambling subindustry, PlayAGS'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.


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

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

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



PlayAGS Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, PlayAGS's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.636/129.4194*129.4194
=0.636

Current CPI (Dec. 2023) = 129.4194.

PlayAGS Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.505 99.070 -0.660
201512 -0.795 99.792 -1.031
201612 -0.268 101.863 -0.341
201712 -0.400 104.011 -0.498
201812 -0.601 105.998 -0.734
201912 0.478 108.420 0.571
202012 0.013 109.897 0.015
202112 0.730 117.630 0.803
202212 0.227 125.222 0.235
202312 0.636 129.419 0.636

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


PlayAGS  (NYSE:AGS) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


PlayAGS Cyclically Adjusted FCF per Share Related Terms

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


PlayAGS (PlayAGS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6775 S. Edmond Street, Suite 300, Las Vegas, NV, USA, 89118
PlayAGS Inc is a designer and supplier of gaming products and services for the gaming industry. The company mainly supplies electronic gaming machines (EGM), server-based systems and back-office systems which are used by casinos, and various gaming locations. Its operating segments are EGM, Table Products, and Interactive. The EGM segment offers a selection of video slot titles developed for the global marketplace as well as EGM cabinets. Its Table Products segments include live proprietary table games and side bets, as well as ancillary table products. The Interactive segment consists of delivering games through mobile apps such as Lucky Play Casino and Vegas Fever. It earns a majority of its revenue from the Electronic Gaming Machines segment and geographically from the United States.
Executives
Robert Barron Ziems officer: Chief Legal Officer, Secretary 6775 S. EDMOND ST., STE. 300, LAS VEGAS NV 89118
Adam Chibib director 7501B NORTH CAPITAL OF TEXAS HGHWY, AUSTIN TX 78731
Anna Massion director 5475 S. DECATUR BLVD., STE #100, LAS VEGAS NV 89118
Ap Gaming Voteco, Llc 10 percent owner 5475 S. DECATUR BLVD., LAS VEGAS NV 89118
David-jacques Farahi director 3800 S. VIRGINIA STREET, RENO NV 89502
David Lopez officer: Chief Executive Officer 7250 S. TENAYA WAY, SUITE 100, LAS VEGAS NV 89113
Kimo Akiona officer: Treas, CFO & Chief Acctg. Off. 5475 S. DECATUR BLVD., STE #100, LAS VEGAS NV 89118
Victor Gallo officer: GC, Secy. & Compliance Officer 5475 S. DECATUR BLVD., STE #100, LAS VEGAS NV 89118
Geoff Freeman director 5475 S. DECATUR BLVD., SUITE 100, LAS VEGAS NV 89118
Yvette Landau director
Eric Press director 1301 AVENUE OF THE AMERICA 38TH FLOOR, NEW YORK NY 10019
Marc J Rowan 10 percent owner APOLLO ADVISORS LP, 1301 AVE OF THE AMERICAS, NEW YORK NY 10019
David Sambur director, other: See Remarks 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Sigmund Lee officer: Chief Tech. Officer 5475 S. DECATUR BLVD., STE #100, LAS VEGAS NV 89118
Daniel Evan Cohen director, other: See Remarks C/O APOLLO GLOBAL MANAGEMENT, L.P., 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019