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Drive Shack (Drive Shack) Cyclically Adjusted Price-to-FCF : (As of May. 02, 2024)


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What is Drive Shack Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Drive Shack Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Drive Shack'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.

Drive Shack Cyclically Adjusted Price-to-FCF Chart

Drive Shack Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.15 33.68 - - -

Drive Shack Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - - -

Competitive Comparison of Drive Shack's Cyclically Adjusted Price-to-FCF

For the Leisure subindustry, Drive Shack'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.


Drive Shack's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

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



Drive Shack 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.

Drive Shack's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Drive Shack'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)
=-0.153/129.8595*129.8595
=-0.153

Current CPI (Sep. 2023) = 129.8595.

Drive Shack Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.906 98.326 1.197
201403 0.077 99.695 0.100
201406 0.192 100.560 0.248
201409 0.147 100.428 0.190
201412 0.175 99.070 0.229
201503 -0.182 99.621 -0.237
201506 -0.067 100.684 -0.086
201509 -0.042 100.392 -0.054
201512 0.251 99.792 0.327
201603 -0.166 100.470 -0.215
201606 -0.100 101.688 -0.128
201609 -0.081 101.861 -0.103
201612 0.300 101.863 0.382
201703 -0.207 102.862 -0.261
201706 -0.083 103.349 -0.104
201709 -0.209 104.136 -0.261
201712 -0.198 104.011 -0.247
201803 -0.461 105.290 -0.569
201806 -0.132 106.317 -0.161
201809 -0.405 106.507 -0.494
201812 -0.040 105.998 -0.049
201903 -0.670 107.251 -0.811
201906 -0.327 108.070 -0.393
201909 -0.350 108.329 -0.420
201912 -0.190 108.420 -0.228
202003 -0.136 108.902 -0.162
202006 -0.063 108.767 -0.075
202009 0.021 109.815 0.025
202012 0.000 109.897 0.000
202103 -0.171 111.754 -0.199
202106 -0.017 114.631 -0.019
202109 -0.157 115.734 -0.176
202112 -0.024 117.630 -0.026
202203 -0.146 121.301 -0.156
202206 -0.014 125.017 -0.015
202209 -0.264 125.227 -0.274
202212 -0.021 125.222 -0.022
202303 -0.092 127.348 -0.094
202306 -0.039 128.729 -0.039
202309 -0.153 129.860 -0.153

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.


Drive Shack  (OTCPK:DSHK) 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.


Drive Shack Cyclically Adjusted Price-to-FCF Related Terms

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


Drive Shack (Drive Shack) Business Description

Traded in Other Exchanges
Address
10670 N. Central Expressway, Suite 700, Dallas, TX, USA, 75231
Drive Shack Inc is an owner and operator of golf-related leisure and entertainment businesses. The company conducts its business through three primary segments: Traditional Golf properties, Entertainment Golf venues, and corporate. The Traditional Golf properties segment operates and owns golf properties. The Entertainment Golf venues segment plans to open a chain of gold, competition, dining, and fun. The Corporate segment consists primarily of investments in loans and securities. The majority of the firm's revenue gets derived from the Traditional Golf Properties segment.
Executives
Wesley R Edens director 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Hana Khouri officer: President 218 WEST 18TH STREET, 3RD FLOOR, NEW YORK NY 10011
Stuart A Mcfarland director C/O FORTRESS INVESTMENT GROUP, 1345 AVE OF THE AMERICAS 46TH FL, NEW YORK NY 10105
Goodfield Lawrence A. Jr. officer: CFO, CAO & Treasurer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Lee Nichols officer: Chief Financial Officer C/O DRIVE SHACK INC., 218 W. 18TH STREET, 3RD FLOOR, NEW YORK NY 10011
Acacia Research Corp director 767 3RD AVENUE, 6TH FLOOR, NEW YORK NY 10017
Virgis Colbert director 5725 DELPHI DRIVE, TROY MI 48098
Benjamin M Crane director 218 WEST 18TH STREET 3RD FLOOR, NEW YORK NY 10011
Clifford Press director 152 WEST 57TH STREET, NEW YORK NY 10019
David Hammarley officer: Chief Financial Officer 111 WEST 19TH STREET, 8TH FLOOR, NEW YORK NY 10011
Kenneth A May director, officer: CEO & President 13155 NOEL ROAD, SUITE 1600, THREE GALLERIA TOWER, DALLAS TX 75240
William J Clifford director 845 BERKSHIRE BLVD. SUITE 200, WYOMISSING PA 19610
Alan L. Tyson director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Sara A. Yakin officer: Chief Operating Officer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Sarah Watterson officer: CEO & President 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105