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Diamondrock Hospitality Co (Diamondrock Hospitality Co) Cyclically Adjusted Price-to-FCF : 56.88 (As of Apr. 30, 2024)


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What is Diamondrock Hospitality Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Diamondrock Hospitality Co's current share price is $9.10. Diamondrock Hospitality Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.16. Diamondrock Hospitality Co's Cyclically Adjusted Price-to-FCF for today is 56.88.

The historical rank and industry rank for Diamondrock Hospitality Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

DRH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.88   Med: 24.47   Max: 75.77
Current: 55.02

During the past years, Diamondrock Hospitality Co's highest Cyclically Adjusted Price-to-FCF was 75.77. The lowest was 8.88. And the median was 24.47.

DRH's Cyclically Adjusted Price-to-FCF is ranked worse than
90.82% of 392 companies
in the REITs industry
Industry Median: 11.43 vs DRH: 55.02

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.

Diamondrock Hospitality Co's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.165. 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 $0.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Diamondrock Hospitality Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Diamondrock Hospitality Co'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.

Diamondrock Hospitality Co Cyclically Adjusted Price-to-FCF Chart

Diamondrock Hospitality Co 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 25.80 25.85 56.99 64.18 57.08

Diamondrock Hospitality Co 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 64.18 56.27 51.19 51.45 57.08

Competitive Comparison of Diamondrock Hospitality Co's Cyclically Adjusted Price-to-FCF

For the REIT - Hotel & Motel subindustry, Diamondrock Hospitality Co'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.


Diamondrock Hospitality Co's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Diamondrock Hospitality Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Diamondrock Hospitality Co's Cyclically Adjusted Price-to-FCF falls into.



Diamondrock Hospitality Co 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.

Diamondrock Hospitality Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.10/0.16
=56.88

* 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.

Diamondrock Hospitality Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Diamondrock Hospitality Co'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)
=0.165/129.4194*129.4194
=0.165

Current CPI (Dec. 2023) = 129.4194.

Diamondrock Hospitality Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.077 99.695 -0.100
201406 0.206 100.560 0.265
201409 0.174 100.428 0.224
201412 0.292 99.070 0.381
201503 0.071 99.621 0.092
201506 0.266 100.684 0.342
201509 0.218 100.392 0.281
201512 0.261 99.792 0.338
201603 0.011 100.470 0.014
201606 0.189 101.688 0.241
201609 0.165 101.861 0.210
201612 0.192 101.863 0.244
201703 -0.027 102.862 -0.034
201706 0.148 103.349 0.185
201709 0.229 104.136 0.285
201712 0.164 104.011 0.204
201803 0.039 105.290 0.048
201806 -0.010 106.317 -0.012
201809 0.322 106.507 0.391
201812 0.140 105.998 0.171
201903 -0.041 107.251 -0.049
201906 0.000 108.070 0.000
201909 0.016 108.329 0.019
201912 -0.004 108.420 -0.005
202003 -0.199 108.902 -0.236
202006 -0.255 108.767 -0.303
202009 -0.215 109.815 -0.253
202012 -0.191 109.897 -0.225
202103 -0.222 111.754 -0.257
202106 -0.043 114.631 -0.049
202109 -0.544 115.734 -0.608
202112 -0.492 117.630 -0.541
202203 -0.293 121.301 -0.313
202206 0.018 125.017 0.019
202209 0.309 125.227 0.319
202212 -0.238 125.222 -0.246
202303 0.172 127.348 0.175
202306 0.142 128.729 0.143
202309 0.080 129.860 0.080
202312 0.165 129.419 0.165

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.


Diamondrock Hospitality Co  (NYSE:DRH) 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.


Diamondrock Hospitality Co Cyclically Adjusted Price-to-FCF Related Terms

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


Diamondrock Hospitality Co (Diamondrock Hospitality Co) Business Description

Industry
Traded in Other Exchanges
Address
2 Bethesda Metro Center, Suite 1400, Bethesda, MD, USA, 20814
Diamondrock Hospitality Company is a real estate investment trust that owns lodging properties. Its business is to acquire, own, manage, and renovate full-service hotel properties in the United States. It operates in cities such as Chicago, Boston, New York, Denver and others. Within DiamondRock's holdings, the majority of the hotel brands include Marriott, Starwood, and Hilton. The revenue is divided between room, food and beverage, and other. The room segment contributes the majority of the revenue. The firm's customers include leisure transient, business transient, and group customers.
Executives
Mark W Brugger officer: Chief Financial Officer C/O DIAMONDROCK HOSPITALITY COMPANY, 10400 FERNWOOD ROAD, SUITE 3000, BETHESDA MD 20817
Justin L. Leonard officer: EVP & Chief Operating Officer C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
William J Tennis officer: EVP and General Counsel DIAMONDROCK HOSPITALITY COMPANY, 6903 ROCKLEDGE DRIVE, SUITE 800, BETHESDA MD 20817
Tabassum Zalotrawala director 610 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660
Briony R. Quinn officer: Chief Accounting Officer DIAMONDROCK HOSPITALITY COMPANY, 3 BETHESDA METRO CENTER, SUITE 1500, BETHESDA MD 20814
Troy Furbay officer: Chief Investment Officer DIAMONDROCK HOSPITALITY COMPANY, 3 BETHESDA METGRO CENTER, SUITE 1500, BETHESDA MD 20814
Michael A. Hartmeier director C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Jeffrey Donnelly officer: EVP & Chief Financial Officer C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Maureen L Mcavey director C/O DIAMONDROCK HOSPITALITY COMPANY, 10400 FERNWOOD ROAD, SUITE 300, BETHESDA MD 20817
Kathleen Wayton director C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Gilbert T Ray director 901 N GLEBE ROAD, ARLINGTON VA 22203
Jay Lecoryelle Johnson officer: EVP & Chief Financial Officer C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Thomas G. Healy officer: EVP & Chief Operating Officer DIAMONDROCK HOSPITALITY COMPANY, 3 BETHESDA METRO CENTER, SUITE 1500, BETHESDA MD 20814
Sean M Mahoney officer: CAO and Corporate Controller 3 BETHESDA METRO CTR #1000, BETHESDA MD 20814
William Joseph Shaw director 6649 WESTWOOD BLVD., ORLANDO FL 32821