GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Carrols Restaurant Group Inc (NAS:TAST) » Definitions » Cyclically Adjusted Price-to-FCF

Carrols Restaurant Group (Carrols Restaurant Group) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Carrols Restaurant Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Carrols Restaurant Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Carrols Restaurant Group'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.

Carrols Restaurant Group Cyclically Adjusted Price-to-FCF Chart

Carrols Restaurant Group 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 - - - - -

Carrols Restaurant Group 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 - - - - -

Competitive Comparison of Carrols Restaurant Group's Cyclically Adjusted Price-to-FCF

For the Restaurants subindustry, Carrols Restaurant Group'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.


Carrols Restaurant Group's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Carrols Restaurant Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Carrols Restaurant Group's Cyclically Adjusted Price-to-FCF falls into.



Carrols Restaurant Group 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.

Carrols Restaurant Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Carrols Restaurant Group'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)
=0.146/129.4194*129.4194
=0.146

Current CPI (Dec. 2023) = 129.4194.

Carrols Restaurant Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.433 99.695 -0.562
201406 -0.452 100.560 -0.582
201409 -0.036 100.428 -0.046
201412 -0.446 99.070 -0.583
201503 0.049 99.621 0.064
201506 0.019 100.684 0.024
201509 0.271 100.392 0.349
201512 -0.118 99.792 -0.153
201603 -0.175 100.470 -0.225
201606 -0.075 101.688 -0.095
201609 -0.165 101.861 -0.210
201612 -0.497 101.863 -0.631
201703 -0.070 102.862 -0.088
201706 0.098 103.349 0.123
201709 0.191 104.136 0.237
201712 -0.281 104.011 -0.350
201803 -0.007 105.290 -0.009
201806 0.100 106.317 0.122
201809 0.158 106.507 0.192
201812 -0.187 105.998 -0.228
201903 -0.283 107.251 -0.341
201906 -0.538 108.070 -0.644
201909 -0.656 108.329 -0.784
201912 -0.494 108.420 -0.590
202003 -0.803 108.902 -0.954
202006 0.715 108.767 0.851
202009 0.368 109.815 0.434
202012 0.138 109.897 0.163
202103 -0.072 111.754 -0.083
202106 0.075 114.631 0.085
202109 0.251 115.734 0.281
202112 0.129 117.630 0.142
202203 -0.788 121.301 -0.841
202206 -0.160 125.017 -0.166
202209 0.236 125.227 0.244
202212 0.285 125.222 0.295
202303 0.000 127.348 0.000
202306 0.571 128.729 0.574
202309 0.540 129.860 0.538
202312 0.146 129.419 0.146

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.


Carrols Restaurant Group  (NAS:TAST) 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.


Carrols Restaurant Group Cyclically Adjusted Price-to-FCF Related Terms

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


Carrols Restaurant Group (Carrols Restaurant Group) Business Description

Traded in Other Exchanges
Address
968 James Street, Syracuse, NY, USA, 13203
Carrols Restaurant Group Inc is a restaurant company. It owns and operates Burger King restaurants in the Northeastern, Midwestern, and Southeastern United States. The Burger King restaurants are quick-service restaurants featuring hamburgers and other sandwiches.
Executives
Anthony E Hull officer: VP, CFO, Treasurer 175 PARK AVENUE, MADISON NJ 07940
Gretta Miles officer: VP, Controller, Asst Treasurer 968 JAMES STREET, SYRACUSE NY 13203
Ahmad Filsoof officer: VP, Strategic Initiatives 968 JAMES STREET, SYRACUSE NY 13203
Cambridge Franchise Partners, Llc 10 percent owner 853 BROADWAY, NEW YORK NY 10003
Richard G Cross officer: VP, Real Estate 968 JAMES STREET, SYRACUSE NY 13203
Gary Mcquillan officer: VP, Strategic Procurement 968 JAMES STREET, SYRACUSE NY 13203
Joseph W Hoffman officer: Chief Restaurant Officer 968 JAMES STREET, SYRACUSE NY 13203
Paulo A Pena officer: President and CEO 968 JAMES STREET, SYRACUSE NY 13203
John Davis Smith director 968 JAMES STREET, SYRACUSE NY 13203
Jared L. Landaw officer: VP, GC, Secretary 101 WEST 79TH STREET - 12B, NEW YORK NY 10024
Nathan Mucher officer: VP, Chief Information Officer 968 JAMES STREET, SYRACUSE NY 13203
Thomas Benjamin Curtis director 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105
Matthew Terker Perelman director, 10 percent owner 853 BROADWAY, SUITE 2014, NEW YORK NY 10003
Carl S Hauch officer: VP and COO ADVANCE AUTO PARTS, INC, 5008 AIRPORT RD, ROANOKE VA 24012
David Harris director 237 PARK AVENUE - SUITE 900, NEW YORK NY 10017