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Tabcorp Holdings (Tabcorp Holdings) Cyclically Adjusted Price-to-FCF : 3.36 (As of May. 15, 2024)


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What is Tabcorp Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Tabcorp Holdings's current share price is $0.47. Tabcorp Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was $0.14. Tabcorp Holdings's Cyclically Adjusted Price-to-FCF for today is 3.36.

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

TABCF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.54   Med: 2.43   Max: 6.53
Current: 3.28

During the past 13 years, Tabcorp Holdings's highest Cyclically Adjusted Price-to-FCF was 6.53. The lowest was 0.54. And the median was 2.43.

TABCF's Cyclically Adjusted Price-to-FCF is ranked better than
93.73% of 351 companies
in the Travel & Leisure industry
Industry Median: 21.74 vs TABCF: 3.28

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.

Tabcorp Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was $-0.023. 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 $0.14 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tabcorp Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tabcorp Holdings'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.

Tabcorp Holdings Cyclically Adjusted Price-to-FCF Chart

Tabcorp Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.29 3.14 4.30 4.91 5.13

Tabcorp Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 4.91 - 5.13 -

Competitive Comparison of Tabcorp Holdings's Cyclically Adjusted Price-to-FCF

For the Gambling subindustry, Tabcorp Holdings'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.


Tabcorp Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Tabcorp Holdings's Cyclically Adjusted Price-to-FCF falls into.



Tabcorp Holdings 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.

Tabcorp Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.47/0.14
=3.36

* 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.

Tabcorp Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Tabcorp Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.023/124.1700*124.1700
=-0.023

Current CPI (Jun23) = 124.1700.

Tabcorp Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.227 98.352 0.287
201506 0.258 99.838 0.321
201606 0.191 100.859 0.235
201706 0.023 102.809 0.028
201806 0.078 104.945 0.092
201906 0.149 106.617 0.174
202006 0.129 106.246 0.151
202106 0.188 110.332 0.212
202206 0.169 117.112 0.179
202306 -0.023 124.170 -0.023

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.


Tabcorp Holdings  (OTCPK:TABCF) 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.


Tabcorp Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Tabcorp Holdings (Tabcorp Holdings) Business Description

Traded in Other Exchanges
Address
727 Collins Street, Level 19, Tower 2, Collins Square, Melbourne, VIC, AUS, 3008
Tabcorp now operates through principally two segments: wagering and media and gaming services, with the lottery and keno businesses demerged on May 24, 2022. The firm conducts wagering activities under the TAB brand both online and physically in every Australian state and territory other than Western Australia, reaching 90% of the population through a network of retail venues. In addition, Tabcorp Gaming Solutions provides services to electronic gaming machine venues.

Tabcorp Holdings (Tabcorp Holdings) Headlines