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Monarch Casino & Resort (Monarch Casino & Resort) Cyclically Adjusted Price-to-FCF : 119.42 (As of Apr. 27, 2024)


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What is Monarch Casino & Resort Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Monarch Casino & Resort's current share price is $68.07. Monarch Casino & Resort's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.57. Monarch Casino & Resort's Cyclically Adjusted Price-to-FCF for today is 119.42.

The historical rank and industry rank for Monarch Casino & Resort's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

MCRI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.09   Med: 74.03   Max: 8308
Current: 119.98

During the past years, Monarch Casino & Resort's highest Cyclically Adjusted Price-to-FCF was 8308.00. The lowest was 15.09. And the median was 74.03.

MCRI's Cyclically Adjusted Price-to-FCF is ranked worse than
91.57% of 344 companies
in the Travel & Leisure industry
Industry Median: 21.485 vs MCRI: 119.98

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.

Monarch Casino & Resort's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.113. 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 $0.57 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monarch Casino & Resort Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Monarch Casino & Resort'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.

Monarch Casino & Resort Cyclically Adjusted Price-to-FCF Chart

Monarch Casino & Resort 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 - - - 675.88 121.88

Monarch Casino & Resort Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 266.48 207.46 128.16 121.88 -

Competitive Comparison of Monarch Casino & Resort's Cyclically Adjusted Price-to-FCF

For the Resorts & Casinos subindustry, Monarch Casino & Resort'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.


Monarch Casino & Resort's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Monarch Casino & Resort's Cyclically Adjusted Price-to-FCF falls into.



Monarch Casino & Resort 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.

Monarch Casino & Resort's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=68.07/0.57
=119.42

* 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.

Monarch Casino & Resort's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Monarch Casino & Resort'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)
=1.113/129.4194*129.4194
=1.113

Current CPI (Dec. 2023) = 129.4194.

Monarch Casino & Resort Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.167 99.695 0.217
201406 0.101 100.560 0.130
201409 0.303 100.428 0.390
201412 -0.014 99.070 -0.018
201503 0.027 99.621 0.035
201506 -0.044 100.684 -0.057
201509 0.125 100.392 0.161
201512 -0.074 99.792 -0.096
201603 0.105 100.470 0.135
201606 0.027 101.688 0.034
201609 0.408 101.861 0.518
201612 0.453 101.863 0.576
201703 -0.107 102.862 -0.135
201706 -0.012 103.349 -0.015
201709 0.019 104.136 0.024
201712 0.067 104.011 0.083
201803 -0.277 105.290 -0.340
201806 -1.140 106.317 -1.388
201809 -1.629 106.507 -1.979
201812 -1.165 105.998 -1.422
201903 -1.329 107.251 -1.604
201906 -1.010 108.070 -1.210
201909 -0.790 108.329 -0.944
201912 -0.200 108.420 -0.239
202003 -0.970 108.902 -1.153
202006 -0.543 108.767 -0.646
202009 0.913 109.815 1.076
202012 -2.430 109.897 -2.862
202103 0.800 111.754 0.926
202106 1.416 114.631 1.599
202109 1.353 115.734 1.513
202112 0.609 117.630 0.670
202203 1.053 121.301 1.123
202206 0.679 125.017 0.703
202209 2.094 125.227 2.164
202212 1.300 125.222 1.344
202303 2.379 127.348 2.418
202306 0.915 128.729 0.920
202309 1.914 129.860 1.908
202312 1.113 129.419 1.113

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.


Monarch Casino & Resort  (NAS:MCRI) 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.


Monarch Casino & Resort Cyclically Adjusted Price-to-FCF Related Terms

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


Monarch Casino & Resort (Monarch Casino & Resort) Business Description

Traded in Other Exchanges
N/A
Address
3800 South Virginia Street, Reno, NV, USA, 89502
Monarch Casino & Resort Inc is engaged in providing the latest gaming, dining, and hospitality amenities. It owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada, and the Monarch Black Hawk Casino in Black Hawk. The company generates the majority of its revenue from Casinos, followed by Food & Beverage and Hotel Operations.
Executives
John Farahi director, 10 percent owner, officer: Co-Chairman and CEO MONARCH CASINO & RESORT INC, 1175 MOANA LANE SUITE 200, RENO NV 89509
Bob Farahi director, 10 percent owner, officer: Co-Chairman and President MONARCH CASINO & RESORT INC, 3800 S. VIRGINIA STREET, RENO NV 89502
David-jacques Farahi officer: Chief Operating Officer 3800 S. VIRGINIA STREET, RENO NV 89502
Edwin S. Koenig officer: CAO 3800 S. VIRGINIA STREET, RENO NV 89502
Ben Farahi 10 percent owner 3652 SOUTH VIRGINIA ST., SUITE C7, RENO NV 89502
Craig F Sullivan director
Richard L. Cooley officer: Vice President of Finance 3800 S. VIRGINIA STREET, RENO NV 89502
Ronald Rowan officer: Chief Financial Officer 3800 S. VIRGINIA STREET, EXECUTIVE OFFICES, RENO NV 89502
Paul Andrews director 3800 S. VIRGINIA STREET, RENO NV 89502
Yvette Landau director
Ronald R Zideck director
Charles W Scharer director C/O GAMETECH INTERNATIONAL INC, 900 SANDHILL ROAD, RENO NV 89521