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Coast Entertainment Holdings (ASX:CEH) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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What is Coast Entertainment Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Coast Entertainment Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Coast Entertainment Holdings's Cyclically Adjusted Price-to-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.

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Coast Entertainment Holdings Cyclically Adjusted Price-to-FCF Chart

Coast Entertainment Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Coast Entertainment Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Coast Entertainment Holdings's Cyclically Adjusted Price-to-FCF

For the Leisure subindustry, Coast Entertainment Holdings'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.


Coast Entertainment Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

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



Coast Entertainment Holdings Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Coast Entertainment Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Coast Entertainment Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.066/124.1700*124.1700
=-0.066

Current CPI (Jun23) = 124.1700.

Coast Entertainment Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.027 98.352 0.034
201506 -0.043 99.838 -0.053
201606 -0.042 100.859 -0.052
201706 -0.299 102.809 -0.361
201806 -0.139 104.945 -0.164
201906 -0.091 106.617 -0.106
202006 -0.069 106.246 -0.081
202106 0.105 110.332 0.118
202206 0.105 117.112 0.111
202306 -0.066 124.170 -0.066

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


Coast Entertainment Holdings  (ASX:CEH) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Coast Entertainment Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Coast Entertainment Holdings (ASX:CEH) Business Description

Traded in Other Exchanges
Address
83 Mount Street, Suite 601, Level 6, North Sydney, Sydney, NSW, AUS, 2060
Ardent Leisure is an owner and operator of leisure assets. Its theme park businesses are situated in Australia, including Dreamworld and WhiteWater World on the Gold Coast. The sale of Main Event in the U.S., completed in June 2022, was executed at a good price, and the proceeds led to a healthy distribution to shareholders. It leaves the group with just the theme parks unit.

Coast Entertainment Holdings (ASX:CEH) Headlines

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