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Texas Roadhouse (Texas Roadhouse) Cyclically Adjusted Price-to-FCF : 62.73 (As of Apr. 27, 2024)


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What is Texas Roadhouse Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Texas Roadhouse's current share price is $157.46. Texas Roadhouse's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.51. Texas Roadhouse's Cyclically Adjusted Price-to-FCF for today is 62.73.

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

TXRH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25.25   Med: 55.17   Max: 76.82
Current: 62.55

During the past years, Texas Roadhouse's highest Cyclically Adjusted Price-to-FCF was 76.82. The lowest was 25.25. And the median was 55.17.

TXRH's Cyclically Adjusted Price-to-FCF is ranked worse than
90.68% of 118 companies
in the Restaurants industry
Industry Median: 15.14 vs TXRH: 62.55

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.

Texas Roadhouse's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.060. 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 $2.51 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Texas Roadhouse Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Texas Roadhouse'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.

Texas Roadhouse Cyclically Adjusted Price-to-FCF Chart

Texas Roadhouse 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 39.77 54.97 49.07 40.95 48.74

Texas Roadhouse 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 40.95 45.09 46.36 38.85 48.74

Competitive Comparison of Texas Roadhouse's Cyclically Adjusted Price-to-FCF

For the Restaurants subindustry, Texas Roadhouse'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.


Texas Roadhouse's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

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

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



Texas Roadhouse 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.

Texas Roadhouse's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=157.46/2.51
=62.73

* 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.

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

For example, Texas Roadhouse'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)
=1.06/129.4194*129.4194
=1.060

Current CPI (Dec. 2023) = 129.4194.

Texas Roadhouse Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.319 99.695 0.414
201406 0.072 100.560 0.093
201409 -0.002 100.428 -0.003
201412 0.548 99.070 0.716
201503 0.344 99.621 0.447
201506 -0.005 100.684 -0.006
201509 -0.247 100.392 -0.318
201512 0.676 99.792 0.877
201603 0.434 100.470 0.559
201606 0.200 101.688 0.255
201609 0.023 101.861 0.029
201612 0.640 101.863 0.813
201703 0.817 102.862 1.028
201706 -0.050 103.349 -0.063
201709 0.229 104.136 0.285
201712 0.748 104.011 0.931
201803 0.996 105.290 1.224
201806 0.374 106.317 0.455
201809 0.226 106.507 0.275
201812 1.140 105.998 1.392
201903 0.961 107.251 1.160
201906 0.416 108.070 0.498
201909 -0.031 108.329 -0.037
201912 0.901 108.420 1.076
202003 -0.357 108.902 -0.424
202006 0.072 108.767 0.086
202009 0.694 109.815 0.818
202012 0.678 109.897 0.798
202103 1.987 111.754 2.301
202106 1.032 114.631 1.165
202109 -0.030 115.734 -0.034
202112 0.835 117.630 0.919
202203 2.000 121.301 2.134
202206 0.757 125.017 0.784
202209 0.458 125.227 0.473
202212 0.665 125.222 0.687
202303 1.817 127.348 1.847
202306 0.170 128.729 0.171
202309 0.197 129.860 0.196
202312 1.060 129.419 1.060

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.


Texas Roadhouse  (NAS:TXRH) 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.


Texas Roadhouse Cyclically Adjusted Price-to-FCF Related Terms

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


Texas Roadhouse (Texas Roadhouse) Business Description

Traded in Other Exchanges
Address
6040 Dutchmans Lane, Louisville, KY, USA, 40205
Texas Roadhouse Inc is a restaurant company operating predominately in the casual dining segment. The company's operating segment includes Texas Roadhouse; Bubba's 33 and others. It generates maximum revenue from the Texas Roadhouse segment.
Executives
Christopher C. Colson officer: General Counsel 6040 DUTCHMANS LANE, LOUISVILLE KY 40205
Gerald L. Morgan officer: President 6040 DUTCHMANS LANE, LOUISVILLE KY 40205
Gregory N Moore director 6040 DUTCHMANS LANE, SUITE 200, LOUISVILLE KY 40205
Wayne L. Jones director 7755 CENTER AVENUE, SUITE 300, HUNTINGTON BEACH CA 92647
David Christopher Monroe officer: Chief Financial Officer 6040 DUTCHMANS LANE, LOUISVILLE KY 40205
S. Chris Jacobsen officer: Chief Marketing Officer 6040 DUTCHMANS LANE, LOUISVILLE KY 40205
Kathy Widmer director C/O ELIZABETH ARDEN, INC., 2400 S.W. 145 AVENUE, MIRAMAR FL 33027
Regina A. Tobin officer: Chief Learning & Culture Offcr 6040 DUTCHMANS LANE, LOUISVILLE KY 40205
Hernan E. Mujica officer: Chief Information Officer 6040 DUTCHMANS LANE, LOUISVILLE KY 40205
Keith Humpich officer: Interim Chief Financial Offcr. 6040 DUTCHMANS LANE, LOUISIVILLE KY 40205
James R Zarley director 4360 PARK TERRACE, SUITE 100, WESTLAKE VILLAGE CA 91361
Tonya Robinson officer: CFO 6040 DUTCHMANS LANE, SUITE 400, LOUISVILLE KY 40205
Curtis Warfield director 6040 DUTCHMANS LANE, LOUISVILLE KY 40205
Donna E Epps director 11465 JOHNS CREEK PARKWAY, SUITE400, JOHNS CREEK GA 30097
Wayne Kent Taylor director, 10 percent owner, officer: Chairman of Company & Board 6040 DUTCHMANS LANE, SUITE 200, LOUISVILLE KY 40205