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TravelCenters Of America (TravelCenters Of America) Cyclically Adjusted Price-to-FCF : (As of May. 05, 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)
=-2.061/127.3478*127.3478
=-2.061

Current CPI (Mar. 2023) = 127.3478.

TravelCenters Of America Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 -0.799 98.518 -1.033
201309 -4.709 98.790 -6.070
201312 -7.698 98.326 -9.970
201403 -0.783 99.695 -1.000
201406 1.195 100.560 1.513
201409 3.409 100.428 4.323
201412 -5.009 99.070 -6.439
201503 2.207 99.621 2.821
201506 -2.622 100.684 -3.316
201509 -3.648 100.392 -4.628
201512 -17.642 99.792 -22.513
201603 -6.100 100.470 -7.732
201606 -5.697 101.688 -7.135
201609 -4.469 101.861 -5.587
201612 -13.343 101.863 -16.681
201703 -5.452 102.862 -6.750
201706 -1.656 103.349 -2.041
201709 1.891 104.136 2.313
201712 -6.541 104.011 -8.009
201803 0.673 105.290 0.814
201806 1.907 106.317 2.284
201809 -0.460 106.507 -0.550
201812 -10.272 105.998 -12.341
201903 2.770 107.251 3.289
201906 0.028 108.070 0.033
201909 0.950 108.329 1.117
201912 -3.684 108.420 -4.327
202003 -0.713 108.902 -0.834
202006 15.549 108.767 18.205
202009 4.274 109.815 4.956
202012 0.909 109.897 1.053
202103 2.762 111.754 3.147
202106 4.030 114.631 4.477
202109 2.655 115.734 2.921
202112 -5.940 117.630 -6.431
202203 0.631 121.301 0.662
202206 5.355 125.017 5.455
202209 -2.897 125.227 -2.946
202212 -3.269 125.222 -3.325
202303 -2.061 127.348 -2.061

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  (NAS:TA) 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 (TravelCenters Of America) 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.
Executives
Michael J. Barton officer: SVP and CAO C/O TRAVELCENTERS OF AMERICA INC., 24601 CENTER RIDGE ROAD, WESTLAKE OH 44145
Mark R Young officer: EVP & General Counsel C/O REIT MANAGEMENT AND RESEARCH LLC, 400 CENTRE STREET, NEWTON MA 02458
Barry A. Richards officer: Executive Vice President C/O REIT MANAGEMENT & RESEARCH LLC, 400 CENTRE STREET, NEWTON MA 02458
Peter J Crage officer: Exec. VP, CFO and Treasurer ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Adam D. Portnoy director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Elena Poptodorova director TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Jonathan Pertchik director, officer: Chief Executive Officer C/O TRAVELCENTERS OF AMERICA INC., 24601 CENTER RIDGE ROAD, WESTLAKE OH 44145
Rajan Penkar director C/O TRAVELCENTERS OF AMERICA INC., 24601 CENTER RIDGE ROAD, WESTLAKE OH 44145
Barbara D Gilmore director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Joseph Morea director C/O REIT MANAGEMENT & RESEARCH LLC, TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458
Andrew J Rebholz officer: EVP, CFO & Treasurer C/O TRAVELCENTERS OF AMERICA LLC, 400 CENTRE STREET, NEWTON MA 02458
William Earnest Myers officer: Chief Accounting Officer C/O REIT MANAGEMENT & RESEARCH LLC, TWO NEWTON PLACE, 255 WASHINGTON ST, NEWTON MA 02458
Rodney Paul Bresnahan officer: Executive Vice President C/O THE RMR GROUP LLC, TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458
Mcgary John T. Jr. officer: Executive Vice President 24601 CENTER RIDGE ROAD, WESTLAKE OH 44145
Michael J Lombardi officer: EVP of Sales C/O TRAVELCENTERS OF AMERICA LLC, 400 CENTRE STREET, NEWTON MA 02458

TravelCenters Of America (TravelCenters Of America) Headlines