GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Canterbury Park Holding Corp (NAS:CPHC) » Definitions » Cyclically Adjusted Price-to-FCF

Canterbury Park Holding (Canterbury Park Holding) Cyclically Adjusted Price-to-FCF : 42.89 (As of May. 01, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Canterbury Park Holding Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), Canterbury Park Holding's current share price is $23.1595. Canterbury Park Holding's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.54. Canterbury Park Holding's Cyclically Adjusted Price-to-FCF for today is 42.89.

The historical rank and industry rank for Canterbury Park Holding's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CPHC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25.21   Med: 45.27   Max: 88.29
Current: 42.94

During the past years, Canterbury Park Holding's highest Cyclically Adjusted Price-to-FCF was 88.29. The lowest was 25.21. And the median was 45.27.

CPHC's Cyclically Adjusted Price-to-FCF is ranked worse than
75.14% of 350 companies
in the Travel & Leisure industry
Industry Median: 21.745 vs CPHC: 42.94

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.

Canterbury Park Holding's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.200. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.54 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canterbury Park Holding Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Canterbury Park Holding'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.

* Premium members only.

Canterbury Park Holding Cyclically Adjusted Price-to-FCF Chart

Canterbury Park Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.71 53.84 47.62 73.52 37.88

Canterbury Park Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 73.52 49.01 36.94 33.13 37.88

Competitive Comparison of Canterbury Park Holding's Cyclically Adjusted Price-to-FCF

For the Gambling subindustry, Canterbury Park Holding'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.


Canterbury Park Holding's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

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



Canterbury Park Holding 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.

Canterbury Park Holding's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=23.1595/0.54
=42.89

* 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.

Canterbury Park Holding's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Canterbury Park Holding'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)
=-0.2/129.4194*129.4194
=-0.200

Current CPI (Dec. 2023) = 129.4194.

Canterbury Park Holding Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.334 99.695 0.434
201406 0.092 100.560 0.118
201409 -0.227 100.428 -0.293
201412 -0.458 99.070 -0.598
201503 0.178 99.621 0.231
201506 -0.182 100.684 -0.234
201509 0.075 100.392 0.097
201512 -0.110 99.792 -0.143
201603 0.399 100.470 0.514
201606 -0.402 101.688 -0.512
201609 -0.280 101.861 -0.356
201612 0.400 101.863 0.508
201703 0.554 102.862 0.697
201706 1.055 103.349 1.321
201709 -1.000 104.136 -1.243
201712 0.406 104.011 0.505
201803 0.266 105.290 0.327
201806 1.519 106.317 1.849
201809 -1.616 106.507 -1.964
201812 0.023 105.998 0.028
201903 -0.356 107.251 -0.430
201906 1.152 108.070 1.380
201909 -1.388 108.329 -1.658
201912 0.455 108.420 0.543
202003 -0.102 108.902 -0.121
202006 -0.268 108.767 -0.319
202009 0.207 109.815 0.244
202012 0.073 109.897 0.086
202103 0.329 111.754 0.381
202106 1.767 114.631 1.995
202109 -0.539 115.734 -0.603
202112 0.462 117.630 0.508
202203 0.444 121.301 0.474
202206 1.317 125.017 1.363
202209 -0.280 125.227 -0.289
202212 -0.200 125.222 -0.207
202303 0.977 127.348 0.993
202306 0.283 128.729 0.285
202309 -0.320 129.860 -0.319
202312 -0.200 129.419 -0.200

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.


Canterbury Park Holding  (NAS:CPHC) 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.


Canterbury Park Holding Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Canterbury Park Holding's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Canterbury Park Holding (Canterbury Park Holding) Business Description

Traded in Other Exchanges
N/A
Address
1100 Canterbury Road, Shakopee, MN, USA, 55379
Canterbury Park Holding Corp is in the business of pari-mutuel wagering on horse races and unbanked card games at its canterbury park racetrack and card casino facility in Minnesota. The company has four operating segments. The horse racing segment represents pari-mutuel wagering operations on simulcast and lives horse races; the Card Casino segment represents unbanked card operations; the food and beverage segment includes concessions, catering, and events services provided at the Racetrack; and the development segment represents its real estate development operations. The firm generates a majority of its revenue from the Card Casino segment.
Executives
Damon E. Schramm director C/O EVINE LIVE INC., 6740 SHADY OAK ROAD, EDEN PRAIRIE MN 553444
Peter Ahn director 1100 CANTERBURY ROAD SOUTH, SHAKOPEE MN 55379
Sampson Family Real Estate Holdings, Llc 10 percent owner 930 LAKE SUSAN HILLS DR., CHANHASSEN MN 55317
Mark Chronister director 1100 CANTERBURY ROAD SOUTH, SHAKOPEE MN 55379
Maureen Hooley Bausch director 1100 CANTERBURY PARK RD, SHAKOPEE MN 55379
John Stefan Himle director 1100 CANTERBURY PARK RD, SHAKOPEE MN 55379
Randy James Dehmer officer: CFO/Vice President of Finance 1100 CANTERBURY PARK RD, SHAKOPEE MN 55379
Dale H Schenian director
Burton F Dahlberg director 1100 CANTERBURY ROAD, SHAKOPEE MN 55379
Robert Wolf officer: VP of Finance 1100 CANTERBURY RD., SHAKOPEE MN 55379
Daniel J. Kennedy officer: Senior VP of Operations 1100 CANTERBURY ROAD, SHAKOPEE MN 55379
Carin J Offerman director 1100 CANTERBURY ROAD, SHAKOPEE MN 55379
Curtis A Sampson director PO BOX 777, S MAIN ST, HECTOR MN 55342
Michael Hochman officer: Vice President - Card Casino 1100 CANTERBURY ROAD, SHAKOPEE MN 55379
Randall D Sampson director, 10 percent owner, officer: President, CEO & General Mgr 1100 CANTERBURY ROAD, SHAKOPEE MN 55379