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ARKR (Ark Restaurants) Cyclically Adjusted FCF per Share : $1.59 (As of Jun. 2024)


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What is Ark Restaurants 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.

Ark Restaurants's adjusted free cash flow per share for the three months ended in Jun. 2024 was $0.699. 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 $1.59 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Ark Restaurants's average Cyclically Adjusted FCF Growth Rate was -13.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -1.10% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Ark Restaurants was 68.70% per year. The lowest was -29.40% per year. And the median was -0.40% per year.

As of today (2024-09-20), Ark Restaurants's current stock price is $12.44. Ark Restaurants's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was $1.59. Ark Restaurants's Cyclically Adjusted Price-to-FCF of today is 7.82.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ark Restaurants was 18.39. The lowest was 4.61. And the median was 12.12.


Ark Restaurants Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ark Restaurants'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.

Ark Restaurants Cyclically Adjusted FCF per Share Chart

Ark Restaurants Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.63 1.36 1.45 1.87 1.68

Ark Restaurants Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.83 1.68 1.63 1.63 1.59

Competitive Comparison of Ark Restaurants's Cyclically Adjusted FCF per Share

For the Restaurants subindustry, Ark Restaurants'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.


Ark Restaurants's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Ark Restaurants's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ark Restaurants 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, Ark Restaurants's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.699/132.5538*132.5538
=0.699

Current CPI (Jun. 2024) = 132.5538.

Ark Restaurants Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.890 100.428 1.175
201412 0.294 99.070 0.393
201503 -0.265 99.621 -0.353
201506 1.076 100.684 1.417
201509 1.071 100.392 1.414
201512 -0.331 99.792 -0.440
201603 0.482 100.470 0.636
201606 1.238 101.688 1.614
201609 0.184 101.861 0.239
201612 0.031 101.863 0.040
201703 -0.436 102.862 -0.562
201706 -0.597 103.349 -0.766
201709 -0.014 104.136 -0.018
201712 -0.388 104.011 -0.494
201803 -0.016 105.290 -0.020
201806 1.210 106.317 1.509
201809 0.464 106.507 0.577
201812 0.082 105.998 0.103
201903 0.071 107.251 0.088
201906 1.057 108.070 1.296
201909 0.830 108.329 1.016
201912 0.473 108.420 0.578
202003 -0.386 108.902 -0.470
202006 -1.381 108.767 -1.683
202009 -0.714 109.815 -0.862
202012 -1.022 109.897 -1.233
202103 0.229 111.754 0.272
202106 2.123 114.631 2.455
202109 0.598 115.734 0.685
202112 0.946 117.630 1.066
202203 0.115 121.301 0.126
202206 2.845 125.017 3.017
202209 0.994 125.227 1.052
202212 -0.466 125.222 -0.493
202303 0.479 127.348 0.499
202306 1.024 128.729 1.054
202309 0.215 129.860 0.219
202312 0.078 129.419 0.080
202403 -0.041 131.776 -0.041
202406 0.699 132.554 0.699

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


Ark Restaurants  (NAS:ARKR) 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.

Ark Restaurants's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=12.44/1.59
=7.82

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ark Restaurants was 18.39. The lowest was 4.61. And the median was 12.12.


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.


Ark Restaurants Cyclically Adjusted FCF per Share Related Terms

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


Ark Restaurants Business Description

Traded in Other Exchanges
N/A
Address
85 5th Avenue, 14th Floor, New York, NY, USA, 10003
Ark Restaurants Corp owns and operates around 17 restaurants and bars, 16 fast food concepts, and catering operations in the USA. The Las Vegas operations include New York Hotel & Casino Resort, hotel room service operations, banquet facilities, employee dining room, food court concepts, and a restaurant within the Planet Hollywood Resort and Casino. It operates a restaurant and a bar in the Resorts Atlantic City Hotel and Casino and a restaurant in the Tropicana Hotel and Casino. The Florida operations include The Rustic Inn in Dania Beach, Shuckers in Jensen Beach, JB's on the Beach in Deerfield Beach, The Blue Moon Fish Company in Fort Lauderdale, and fast food facilities in Tampa and Hollywood. In Alabama, it operates Original Oyster Houses in Gulf Shores and Spanish Fort.
Executives
Satterfield Thomas A Jr 10 percent owner 2609 CALDWELL MILL LN, BIRMINGHAM AL 35243
Michael S Weinstein director, 10 percent owner, officer: Chairman & CEO C/O ARK RESTAURANTS CORP, 85 FIFTH AVENUE, NEW YORK NY 10003
Anthony Sirica director, officer: Chief Financial Officer 85 FIFTH AVENUE, NEW YORK NY 10003
Paul Gordon director, officer: Senior Vice President C/O ARK LAS VEGAS RESTAURANTS CORP, 3790 LAS VEGAS BLVD S SUITE 11, LAS VEGAS NV 89109
Vincent Pascal director, officer: Senior Vice President C/O ARK RESTAURANTS CORP, 85 FIFTH AVE, NEW YORK NY 10003
Steven Shulman director C/O PARAGON TECHNOLOGIES INC, 600 KUEBLER ROAD, EASTON PA 18040
Robert J Stewart director, officer: President and CFO C/O ARK RESTAURANTS CORP, 85 FIFTH AVE, NEW YORK NY 10003
Arthur Stainman director 320 EAST 72ND STREET, NEW YORK NY 10021
Bruce R Lewin director G&G RETAIL INC, 520 EIGHTH AVENUE, NEW YORK NY 10018
Robert Towers director, officer: Executive Vice President C/O ARK RESTAURANTS CORP, 85 FIFTH AVE, NEW YORK NY 10003
Marcia Allen director P.O. BOX 399, 2600 W. HOMESTEAD CIRCLE, WILSON WY 83014
Prides Capital Partners, Llc 10 percent owner 200 HIGH STREET, SUITE 700, BOSTON MA 02110
Robert Thomas Zankel director 808 BROADWAY, PHB, NEW YORK NY 10003
Stephen A Novick director ANDREA & CHARLES BRONFMAN PHILANTROPIES, 110 EAST 59TH STREET, 26TH FLOOR, NEW YORK NY 10022
Charles E Mccarthy 10 percent owner 200 HIGH STREET, SUITE 700, BOSTON MA 02110

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