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Rainbow Tours (WAR:RBW) Cyclically Adjusted FCF per Share : zł1.83 (As of Dec. 2023)


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What is Rainbow Tours 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.

Rainbow Tours's adjusted free cash flow per share for the three months ended in Dec. 2023 was zł-7.191. 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 zł1.83 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Rainbow Tours's average Cyclically Adjusted FCF Growth Rate was 128.80% 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 Rainbow Tours was 8.90% per year. The lowest was 8.90% per year. And the median was 8.90% per year.

As of today (2024-05-22), Rainbow Tours's current stock price is zł106.00. Rainbow Tours's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was zł1.83. Rainbow Tours's Cyclically Adjusted Price-to-FCF of today is 57.92.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Rainbow Tours was 118.33. The lowest was 12.86. And the median was 38.89.


Rainbow Tours Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Rainbow Tours'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.

Rainbow Tours Cyclically Adjusted FCF per Share Chart

Rainbow Tours 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 0.62 -0.22 0.50 0.80 1.83

Rainbow Tours Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.80 0.46 1.82 2.60 1.83

Competitive Comparison of Rainbow Tours's Cyclically Adjusted FCF per Share

For the Travel Services subindustry, Rainbow Tours'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.


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

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

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



Rainbow Tours 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, Rainbow Tours'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)
=-7.191/147.7411*147.7411
=-7.191

Current CPI (Dec. 2023) = 147.7411.

Rainbow Tours Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.509 101.262 -2.202
201406 2.720 101.180 3.972
201409 0.965 100.611 1.417
201412 -0.951 100.122 -1.403
201503 -3.708 100.041 -5.476
201506 3.872 100.448 5.695
201509 0.926 99.634 1.373
201512 -0.682 99.471 -1.013
201603 -2.916 98.983 -4.352
201606 1.841 99.552 2.732
201609 0.684 99.064 1.020
201612 -1.089 100.366 -1.603
201703 -4.276 101.018 -6.254
201706 3.630 101.180 5.300
201709 1.559 101.343 2.273
201712 -1.080 102.564 -1.556
201803 -4.728 102.564 -6.811
201806 2.116 103.378 3.024
201809 1.538 103.378 2.198
201812 -2.376 103.785 -3.382
201903 -2.443 104.274 -3.461
201906 3.558 105.983 4.960
201909 4.972 105.983 6.931
201912 -1.088 107.123 -1.501
202003 -7.137 109.076 -9.667
202006 -0.867 109.402 -1.171
202009 1.454 109.320 1.965
202012 -1.986 109.565 -2.678
202103 -0.005 112.658 -0.007
202106 9.221 113.960 11.954
202109 0.521 115.588 0.666
202112 -2.805 119.088 -3.480
202203 -2.595 125.031 -3.066
202206 8.701 131.705 9.760
202209 3.305 135.531 3.603
202212 -6.394 139.113 -6.791
202303 -3.224 145.950 -3.264
202306 17.662 147.009 17.750
202309 7.943 146.113 8.032
202312 -7.191 147.741 -7.191

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


Rainbow Tours  (WAR:RBW) 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.

Rainbow Tours's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=106.00/1.83
=57.92

* 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 Rainbow Tours was 118.33. The lowest was 12.86. And the median was 38.89.


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.


Rainbow Tours Cyclically Adjusted FCF per Share Related Terms

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


Rainbow Tours (WAR:RBW) Business Description

Traded in Other Exchanges
N/A
Address
ul: Piotrkowska 270, Lodz, POL, 90-361
Website
Rainbow Tours SA is a Poland-based tour operator which provides a range of tour options, including city tours, long-distance airplane trips, package holidays, last minute and last second trips, to various destinations worldwide. The company also offers online flight ticket reservation services.

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