GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Six Flags Entertainment Corp (NYSE:SIX) » Definitions » Cyclically Adjusted Price-to-FCF

Six Flags Entertainment (Six Flags Entertainment) Cyclically Adjusted Price-to-FCF : 8.95 (As of Apr. 27, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Six Flags Entertainment Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Six Flags Entertainment's current share price is $23.73. Six Flags Entertainment's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.65. Six Flags Entertainment's Cyclically Adjusted Price-to-FCF for today is 8.95.

The historical rank and industry rank for Six Flags Entertainment's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SIX' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.77   Med: 24.85   Max: 329.58
Current: 8.96

During the past years, Six Flags Entertainment's highest Cyclically Adjusted Price-to-FCF was 329.58. The lowest was 3.77. And the median was 24.85.

SIX's Cyclically Adjusted Price-to-FCF is ranked better than
79.07% of 344 companies
in the Travel & Leisure industry
Industry Median: 21.485 vs SIX: 8.96

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.

Six Flags Entertainment's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.606. 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 $2.65 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Six Flags Entertainment Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Six Flags Entertainment'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.

Six Flags Entertainment Cyclically Adjusted Price-to-FCF Chart

Six Flags Entertainment 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 15.37 13.48 15.46 8.28 9.47

Six Flags Entertainment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 8.28 9.37 9.21 8.44 9.47

Competitive Comparison of Six Flags Entertainment's Cyclically Adjusted Price-to-FCF

For the Leisure subindustry, Six Flags Entertainment'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.


Six Flags Entertainment's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Six Flags Entertainment's Cyclically Adjusted Price-to-FCF falls into.



Six Flags Entertainment 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.

Six Flags Entertainment's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=23.73/2.65
=8.95

* 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.

Six Flags Entertainment's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Six Flags Entertainment'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)
=-0.606/129.4194*129.4194
=-0.606

Current CPI (Dec. 2023) = 129.4194.

Six Flags Entertainment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.076 99.695 -1.397
201406 1.389 100.560 1.788
201409 2.034 100.428 2.621
201412 0.508 99.070 0.664
201503 -0.922 99.621 -1.198
201506 1.655 100.684 2.127
201509 2.281 100.392 2.941
201512 0.640 99.792 0.830
201603 -1.038 100.470 -1.337
201606 1.608 101.688 2.047
201609 2.292 101.861 2.912
201612 0.646 101.863 0.821
201703 -1.231 102.862 -1.549
201706 1.665 103.349 2.085
201709 2.648 104.136 3.291
201712 0.546 104.011 0.679
201803 -0.773 105.290 -0.950
201806 1.287 106.317 1.567
201809 2.170 106.507 2.637
201812 0.560 105.998 0.684
201903 -1.057 107.251 -1.275
201906 1.394 108.070 1.669
201909 2.208 108.329 2.638
201912 0.581 108.420 0.694
202003 -1.345 108.902 -1.598
202006 -0.856 108.767 -1.019
202009 -0.714 109.815 -0.841
202012 -0.527 109.897 -0.621
202103 -1.215 111.754 -1.407
202106 2.197 114.631 2.480
202109 1.800 115.734 2.013
202112 -0.360 117.630 -0.396
202203 -1.018 121.301 -1.086
202206 1.079 125.017 1.117
202209 1.342 125.227 1.387
202212 0.440 125.222 0.455
202303 -0.983 127.348 -0.999
202306 1.173 128.729 1.179
202309 1.437 129.860 1.432
202312 -0.606 129.419 -0.606

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.


Six Flags Entertainment  (NYSE:SIX) 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.


Six Flags Entertainment Cyclically Adjusted Price-to-FCF Related Terms

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


Six Flags Entertainment (Six Flags Entertainment) Business Description

Traded in Other Exchanges
Address
1000 Ballpark Way, Suite 400, Arlington, TX, USA, 76011
Six Flags Entertainment Corp owns and operate regional theme parks and water parks. The company operates around 27 theme parks and waterparks, 24 are located in the United States, two are located in Mexico and one is located in Montreal, Canada. The parks generally offer various rides, water attractions, themed areas, concerts, restaurants, game venues, and merchandise outlets.
Executives
Derek Sample officer: Chief Accounting Officer C/O SIX FLAGS ENTERTAINMENT CORPORATION, 1000 BALLPARK WAY, SUITE 400, ARLINGTON TX 76011
Aimee Williams-ramey officer: CHIEF LEGAL OFFICER C/O SIX FLAGS ENTERTAINMENT CORPORATION, SUITE 400, ARLINGTON TX 76011
Gary Mick officer: CHIEF FINANCIAL OFFICER C/O SIX FLAGS ENTERTAINMENT CORPORATION, 1000 BALLPARK WAY, SUITE 400, ARLINGTON TX 76011
Marilyn G Spiegel director ONE CAESARS PALACE DRIVE, C/O CAESARS ENTERTAINMENT, LAS VEGAS NV 89109
Rehan Jaffer 10 percent owner C/O H PARTNERS MANAGEMENT, LLC, 888 SEVENTH AVENUE, 29TH FLOOR, NEW YORK NY 10019
Arik W Ruchim director 600 CORPORATION DRIVE, PENDLETON IN 46064
Chieh E. Huang director C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Stephen Purtell officer: Interim CFO C/O SIX FLAGS ENTERTAINMENT CORPORATION, 1000 BALLPARK WAY, SUITE 400, ARLINGTON TX 76011
Justin Hunt officer: Principal Accounting Officer C/O SIX FLAGS ENTERTAINMENT CORPORATION, 1000 BALLPARK WAY, SUITE 400, ARLINGTON TX 76011
Selim A Bassoul director C/O MIDDLEBY CORP, 1400 TOASTMASTER DRIVE, ELGIN IL 8477413300
Wilson Taylor Brooks officer: VP, Chief Accounting Officer 2020 RAISINTREE DRIVE, FORT WORTH TX 76244
Mike Spanos director PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Denise M. Clark director C/O AMC ENTERTAINMENT HOLDINGS INC, 11500 ASH STREET, LEAWOOD KS 66211
Kurt Matthew Cellar director 71 ROTON AVENUE, NORWALK CT 06853
Nancy A Krejsa director 292 SOUTH OLD CREEK ROAD, VERNON HILLS IL 60061