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Red Rock Resorts (Red Rock Resorts) Cyclically Adjusted Price-to-FCF : 31.10 (As of Jun. 05, 2024)


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What is Red Rock Resorts Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), Red Rock Resorts's current share price is $51.01. Red Rock Resorts's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.64. Red Rock Resorts's Cyclically Adjusted Price-to-FCF for today is 31.10.

The historical rank and industry rank for Red Rock Resorts's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

RRR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.87   Med: 31.27   Max: 37.53
Current: 31.79

During the past years, Red Rock Resorts's highest Cyclically Adjusted Price-to-FCF was 37.53. The lowest was 22.87. And the median was 31.27.

RRR's Cyclically Adjusted Price-to-FCF is ranked worse than
63.32% of 349 companies
in the Travel & Leisure industry
Industry Median: 21.69 vs RRR: 31.79

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.

Red Rock Resorts's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.274. 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 $1.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Red Rock Resorts Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Red Rock Resorts'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.

Red Rock Resorts Cyclically Adjusted Price-to-FCF Chart

Red Rock Resorts 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 - - - - 32.83

Red Rock Resorts 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 - - 24.01 32.83 36.50

Competitive Comparison of Red Rock Resorts's Cyclically Adjusted Price-to-FCF

For the Resorts & Casinos subindustry, Red Rock Resorts'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.


Red Rock Resorts's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Red Rock Resorts's Cyclically Adjusted Price-to-FCF falls into.



Red Rock Resorts 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.

Red Rock Resorts's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=51.01/1.64
=31.10

* 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.

Red Rock Resorts's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Red Rock Resorts's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.274/131.7762*131.7762
=0.274

Current CPI (Mar. 2024) = 131.7762.

Red Rock Resorts Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 1.437 99.621 1.901
201506 1.821 100.684 2.383
201509 0.509 100.392 0.668
201512 1.865 99.792 2.463
201603 1.662 100.470 2.180
201606 0.450 101.688 0.583
201609 0.998 101.861 1.291
201612 0.979 101.863 1.266
201703 0.814 102.862 1.043
201706 -0.779 103.349 -0.993
201709 0.107 104.136 0.135
201712 0.241 104.011 0.305
201803 -0.271 105.290 -0.339
201806 -0.299 106.317 -0.371
201809 -0.683 106.507 -0.845
201812 -1.054 105.998 -1.310
201903 -0.903 107.251 -1.109
201906 -0.331 108.070 -0.404
201909 -0.527 108.329 -0.641
201912 1.021 108.420 1.241
202003 0.244 108.902 0.295
202006 -1.628 108.767 -1.972
202009 1.110 109.815 1.332
202012 1.723 109.897 2.066
202103 1.580 111.754 1.863
202106 1.534 114.631 1.763
202109 1.244 115.734 1.416
202112 0.935 117.630 1.047
202203 1.100 121.301 1.195
202206 0.938 125.017 0.989
202209 -1.276 125.227 -1.343
202212 -1.102 125.222 -1.160
202303 -0.359 127.348 -0.371
202306 -1.035 128.729 -1.060
202309 -0.341 129.860 -0.346
202312 -0.272 129.419 -0.277
202403 0.274 131.776 0.274

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.


Red Rock Resorts  (NAS:RRR) 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.


Red Rock Resorts Cyclically Adjusted Price-to-FCF Related Terms

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


Red Rock Resorts (Red Rock Resorts) Business Description

Traded in Other Exchanges
Address
1505 South Pavilion Center Drive, Las Vegas, NV, USA, 89135
Red Rock Resorts Inc along with its subsidiary is a gaming, development, and management company. The company mainly develops strategically-located casino and entertainment properties. It generates a majority of its revenue from Casino.
Executives
Robert A Finch officer: EVP & Chief Operating Officer C/O RED ROCK RESORTS, INC., 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Scott Kreeger officer: President 2535 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS CA 89109
Fertitta Frank J Iii director, 10 percent owner 2411 W SAHARA AVE, LAS VEGAS NV 89102
Lorenzo J Fertitta director, 10 percent owner 2960 W SAHARA AVENUE, LAS VEGAS NV 89102
Joseph J Hasson officer: EVP of Operations C/O RED ROCK RESORTS, INC., 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Richard J Haskins officer: President
Jeffrey T Welch officer: EVP and Chief Legal Officer C/O RED ROCK RESORTS,INC., 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Robert E Lewis director 2411 W. SAHARA AVE, LAS VEGAS NV 89102
Cashell Robert A. Jr director 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Marc J. Falcone officer: EVP, CFO and Treasuer 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Daniel J Roy officer: EVP and COO 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Nave James E D V M director 2411 W SAHARA AVENUE, LAS VEGAS NV 89102
Stephen Lawrence Cootey officer: See Remarks C/O RED ROCK RESORTS, INC., 1505 SOUTH PAVILION CENTER DRIVE,, LAS VEGAS NV 89135
Bank Ag\ Deutsche 10 percent owner TAUNUSANLAGE 12 D-60325, FRANKFURT AM MAIN 2M 00000
Fi Station Investor Llc director, 10 percent owner 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135