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Marriott Vacations Worldwide (Marriott Vacations Worldwide) Cyclically Adjusted Price-to-FCF : 16.87 (As of Apr. 28, 2024)


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What is Marriott Vacations Worldwide Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Marriott Vacations Worldwide's current share price is $100.87. Marriott Vacations Worldwide's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $5.98. Marriott Vacations Worldwide's Cyclically Adjusted Price-to-FCF for today is 16.87.

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

VAC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.09   Med: 22.92   Max: 30.39
Current: 16.9

During the past years, Marriott Vacations Worldwide's highest Cyclically Adjusted Price-to-FCF was 30.39. The lowest was 13.09. And the median was 22.92.

VAC's Cyclically Adjusted Price-to-FCF is ranked better than
59.59% of 344 companies
in the Travel & Leisure industry
Industry Median: 21.485 vs VAC: 16.90

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.

Marriott Vacations Worldwide's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.338. 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 $5.98 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marriott Vacations Worldwide Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Marriott Vacations Worldwide'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.

Marriott Vacations Worldwide Cyclically Adjusted Price-to-FCF Chart

Marriott Vacations Worldwide 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 - 22.14 28.71 22.14 14.20

Marriott Vacations Worldwide 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 22.14 22.96 21.34 17.22 14.20

Competitive Comparison of Marriott Vacations Worldwide's Cyclically Adjusted Price-to-FCF

For the Resorts & Casinos subindustry, Marriott Vacations Worldwide'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.


Marriott Vacations Worldwide's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Marriott Vacations Worldwide's Cyclically Adjusted Price-to-FCF falls into.



Marriott Vacations Worldwide 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.

Marriott Vacations Worldwide's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=100.87/5.98
=16.87

* 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.

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

For example, Marriott Vacations Worldwide'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)
=1.338/129.4194*129.4194
=1.338

Current CPI (Dec. 2023) = 129.4194.

Marriott Vacations Worldwide Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201303 -0.383 98.209 -0.505
201308 2.316 98.675 3.038
201312 0.000 98.326 0.000
201403 1.316 99.695 1.708
201406 1.360 100.560 1.750
201412 0.000 99.070 0.000
201503 0.652 99.621 0.847
201506 1.274 100.684 1.638
201512 0.000 99.792 0.000
201603 0.120 100.470 0.155
201606 0.083 101.688 0.106
201612 0.000 101.863 0.000
201703 1.457 102.862 1.833
201706 -1.354 103.349 -1.696
201709 1.704 104.136 2.118
201712 2.435 104.011 3.030
201803 0.733 105.290 0.901
201806 1.136 106.317 1.383
201809 -0.030 106.507 -0.036
201812 0.146 105.998 0.178
201903 0.390 107.251 0.471
201906 0.420 108.070 0.503
201909 2.558 108.329 3.056
201912 4.403 108.420 5.256
202003 -3.349 108.902 -3.980
202006 0.777 108.767 0.925
202009 5.558 109.815 6.550
202012 3.293 109.897 3.878
202103 -1.618 111.754 -1.874
202106 4.658 114.631 5.259
202109 3.364 115.734 3.762
202112 0.261 117.630 0.287
202203 2.505 121.301 2.673
202206 1.613 125.017 1.670
202209 3.433 125.227 3.548
202212 2.622 125.222 2.710
202303 -1.959 127.348 -1.991
202306 1.164 128.729 1.170
202309 2.148 129.860 2.141
202312 1.338 129.419 1.338

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.


Marriott Vacations Worldwide  (NYSE:VAC) 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.


Marriott Vacations Worldwide Cyclically Adjusted Price-to-FCF Related Terms

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


Marriott Vacations Worldwide (Marriott Vacations Worldwide) Business Description

Traded in Other Exchanges
Address
9002 San Marco Court, Orlando, FL, USA, 32819
Marriott Vacations Worldwide Corp functions in the United States leisure industry. It owns and manages a cluster of resorts and accommodation facilities under trademarks like Marriott Vacation Club, Grand Residencies, and The Ritz-Carlton Destination Club predominantly in the United States. Some of its properties are also spread across Europe and Asia Pacific. Marriott's major revenue components include the sale of vacation ownership products such as luxurious vacation packages. In addition, it offers purchase money financing to the end users of its core services. The company operates in two reportable segments: Vacation Ownership and Exchange & Third-Party Management. The majority of revenue is derived from the Vacation Ownership segment.
Executives
Jason P Marino officer: EVP, Chief Financial Officer 9002 SAN MARCO COURT, ORLANDO FL 32819
Anthony E Terry officer: EVP, CFO 9002 SAN MARCO COURT, ORLANDO FL 32819
Geller John E Jr officer: Exec. VP and CFO 6649 WESTWOOD BLVD., ORLANDO FL 32821
Raman Bukkapatnam officer: EVP & CIO 9002 SAN MARCO COURT, ORLANDO FL 32819
Dwight D. Smith officer: Sr. VP & CIO 6649 WESTWOOD BLVD., ORLANDO FL 32821
Stephanie Sobeck Butera officer: EVP & COO of HVO 9002 SAN MARCO CT, ORLANDO FL 32819
Michael E. Yonker officer: Sr. VP & Chief HR Officer 6649 WESTWOOD BLVD., ORLANDO FL 32821
Lizabeth Kane-hanan officer: Exec. VP & Chief Growth & Inv. 6649 WESTWOOD BLVD., ORLANDO FL 32821
Kathleen A. Pighini officer: SVP and CAO 9002 SAN MARCO COURT, ORLANDO FL 32819
Jonice Gray Tucker director 9002 SAN MARCO COURT, ORLANDO FL 32819
R. Lee Cunningham officer: Exec VP & COO-N.Am & Carribean 6649 WESTWOOD BLVD., ORLANDO FL 32821
Melquiades R. Martinez director 450 SOUTH ORANGE AVENUE, SUITE 250, ORLANDO FL 32801-3443
Hunter James H. Iv officer: Exec. VP & General Counsel 6649 WESTWOOD BLVD., ORLANDO FL 32821
Brian E. Miller officer: ExecVP-Sales,Marketing&ServOp 6649 WESTWOOD BLVD., ORLANDO FL 32821
Stephen P Weisz director, officer: President & CEO 6649 WESTWOOD BLVD., ORLANDO FL 32821