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Noble Roman's (Noble Roman's) Cyclically Adjusted FCF per Share : $0.00 (As of Sep. 2023)


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What is Noble Roman's 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.

Noble Roman's's adjusted free cash flow per share for the three months ended in Sep. 2023 was $0.030. 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 $0.00 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Noble Roman's's average Cyclically Adjusted FCF Growth Rate was -100.00% 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 Noble Roman's was 115.40% per year. The lowest was -20.60% per year. And the median was -3.70% per year.

As of today (2024-05-20), Noble Roman's's current stock price is $0.47. Noble Roman's's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was $0.00. Noble Roman's's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Noble Roman's was 327.10. The lowest was 6.33. And the median was 16.33.


Noble Roman's Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Noble Roman's'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.

Noble Roman's Cyclically Adjusted FCF per Share Chart

Noble Roman's Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.03 0.02 0.02 -

Noble Roman's Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.01 - - - -

Competitive Comparison of Noble Roman's's Cyclically Adjusted FCF per Share

For the Restaurants subindustry, Noble Roman's'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.


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

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

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



Noble Roman's 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, Noble Roman's's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.03/129.8595*129.8595
=0.030

Current CPI (Sep. 2023) = 129.8595.

Noble Roman's Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.026 98.326 0.034
201403 0.029 99.695 0.038
201406 0.010 100.560 0.013
201409 0.010 100.428 0.013
201412 -0.018 99.070 -0.024
201503 0.020 99.621 0.026
201506 0.017 100.684 0.022
201509 -0.015 100.392 -0.019
201512 -0.002 99.792 -0.003
201603 -0.018 100.470 -0.023
201606 -0.041 101.688 -0.052
201609 0.003 101.861 0.004
201612 -0.032 101.863 -0.041
201703 -0.011 102.862 -0.014
201706 0.010 103.349 0.013
201709 -0.011 104.136 -0.014
201712 -0.029 104.011 -0.036
201803 -0.003 105.290 -0.004
201806 -0.013 106.317 -0.016
201809 0.025 106.507 0.030
201812 0.003 105.998 0.004
201903 0.011 107.251 0.013
201906 0.012 108.070 0.014
201909 0.017 108.329 0.020
201912 0.010 108.420 0.012
202003 -0.025 108.902 -0.030
202006 0.024 108.767 0.029
202009 0.003 109.815 0.004
202012 -0.020 109.897 -0.024
202103 0.029 111.754 0.034
202106 0.006 114.631 0.007
202109 -0.010 115.734 -0.011
202112 -0.024 117.630 -0.026
202203 -0.019 121.301 -0.020
202206 0.004 125.017 0.004
202209 -0.007 125.227 -0.007
202212 0.002 125.222 0.002
202303 -0.009 127.348 -0.009
202306 0.022 128.729 0.022
202309 0.030 129.860 0.030

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


Noble Roman's  (OTCPK:NROM) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Noble Roman's was 327.10. The lowest was 6.33. And the median was 16.33.


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.


Noble Roman's Cyclically Adjusted FCF per Share Related Terms

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


Noble Roman's (Noble Roman's) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6612 E. 75th Street, Suite 450, Indianapolis, IN, USA, 46250
Noble Roman's Inc is a restaurant operator. It sells and services franchises and licenses for non-traditional foodservice operations and stand-alone locations under the trade names Noble Roman's Pizza, Noble Roman's Take-N-Bake, Noble Roman's Craft Pizza and Pub, and Tuscano's Italian Style Subs. It is known for pizza and sub sandwiches, along with other related menu items, simple operating systems, fast service times, labor-minimizing operations, attractive food costs, and overall affordability.
Executives
Bt Brands, Inc. other: 5% owner 405 MAIN AVENUE WEST, SUITE 2D, WEST FARGO ND 58078
Robert P Stiller 10 percent owner 515 N. FLAGLER DR., SUITE 1702, WEST PALM BEACH FL 33401
Marcel Herbst director 834 W. ROSCOE ST., UNIT 2, CHICAGO X1 60657
William Wildman director 101 WEST OHIO STREET, SUITE 2000, INDIANAPOLIS IN 46204
Alan Scott Mobley director, officer: President ONE VIRGINIA AVE, SUITE 800, INDIANAPOLIS IN 46204
Douglas Harold Coape-arnold director 1000 POST ROAD, SCARSDALE NY 10583
Privet Fund Lp 10 percent owner, other: See Explanation of Responses 3280 PEACHTREE ROAD NE, SUITE 2670, Atlanta GA 30305
Mitchell Grunat officer: VP of Franchise Services 2 OAK PARK CT, NOVATO CA 94945
Privet Fund Management Llc 10 percent owner, other: See Explanation of Responses 3280 PEACHTREE ROAD NE, SUITE 2670, ATLANTA GA 30305
Paul W Mobley director, 10 percent owner, officer: CEO, CFO
Ryan Levenson 10 percent owner, other: See Explanation of Responses 2396 DELLWOOD DRIVE, ATLANTA GA 30305
James Douglas Bales officer: Vice President of Operations 15727 GATESHEAD DRIVE, WESTFIELD IN 46074
Geovest Capital Partners, Lp 10 percent owner 1000 POST ROAD, SCARSDALE NY 10583
Jeffrey R Gaither director 111 MONUMENT CIRCLE, SUITE 2700, INDIANAPOLIS IN 46204
James F Basili director 536 GRAND STREET, SUITE 505, HOBOKEN NJ 07030