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TravelCenters Of America (STU:T8A1) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


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What is TravelCenters Of America Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


TravelCenters Of America Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TravelCenters Of America'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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TravelCenters Of America Cyclically Adjusted Price-to-FCF Chart

TravelCenters Of America Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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TravelCenters Of America Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Competitive Comparison of TravelCenters Of America's Cyclically Adjusted Price-to-FCF

For the Specialty Retail subindustry, TravelCenters Of America'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.


TravelCenters Of America's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, TravelCenters Of America's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where TravelCenters Of America's Cyclically Adjusted Price-to-FCF falls into.



TravelCenters Of America 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.

TravelCenters Of America's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, TravelCenters Of America's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-1.925/127.3478*127.3478
=-1.925

Current CPI (Mar. 2023) = 127.3478.

TravelCenters Of America Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 -0.605 98.518 -0.782
201309 -3.523 98.790 -4.541
201312 -5.620 98.326 -7.279
201403 -0.566 99.695 -0.723
201406 0.880 100.560 1.114
201409 2.645 100.428 3.354
201412 -4.062 99.070 -5.221
201503 2.039 99.621 2.606
201506 -2.337 100.684 -2.956
201509 -3.250 100.392 -4.123
201512 -16.195 99.792 -20.667
201603 -5.478 100.470 -6.943
201606 -5.071 101.688 -6.351
201609 -3.982 101.861 -4.978
201612 -12.649 101.863 -15.814
201703 -5.098 102.862 -6.312
201706 -1.474 103.349 -1.816
201709 1.586 104.136 1.940
201712 -5.528 104.011 -6.768
201803 0.546 105.290 0.660
201806 1.632 106.317 1.955
201809 -0.395 106.507 -0.472
201812 -9.029 105.998 -10.848
201903 2.452 107.251 2.911
201906 0.024 108.070 0.028
201909 0.863 108.329 1.015
201912 -3.316 108.420 -3.895
202003 -0.645 108.902 -0.754
202006 13.807 108.767 16.166
202009 3.629 109.815 4.208
202012 0.747 109.897 0.866
202103 2.320 111.754 2.644
202106 3.345 114.631 3.716
202109 2.256 115.734 2.482
202112 -5.257 117.630 -5.691
202203 0.573 121.301 0.602
202206 5.066 125.017 5.160
202209 -2.926 125.227 -2.976
202212 -3.086 125.222 -3.138
202303 -1.925 127.348 -1.925

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.


TravelCenters Of America  (STU:T8A1) 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.


TravelCenters Of America Cyclically Adjusted Price-to-FCF Related Terms

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TravelCenters Of America (STU:T8A1) Business Description

Traded in Other Exchanges
N/A
Address
24601 Center Ridge Road, Suite 200, Westlake, OH, USA, 44145-5639
TravelCenters Of America Inc is a United states based company which operates travel centers and standalone restaurants. It operated or franchised several travel centers, few standalone truck service facilities, and some standalone restaurants. The company's customers include trucking fleets and their drivers, independent truck drivers, highway and local motorists and casual diners. It generates revenue from fuel operations, non-fuel operations, rents, royalties and other fees from tenants and franchisees.

TravelCenters Of America (STU:T8A1) Headlines

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