GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Caesars Entertainment Inc (NAS:CZR) » Definitions » Cyclically Adjusted FCF per Share

CZR (Caesars Entertainment) Cyclically Adjusted FCF per Share : $0.48 (As of Sep. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Caesars Entertainment Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Caesars Entertainment's adjusted free cash flow per share for the three months ended in Sep. 2024 was $-0.963. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.48 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Caesars Entertainment's average Cyclically Adjusted FCF Growth Rate was -15.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-12-14), Caesars Entertainment's current stock price is $37.01. Caesars Entertainment's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was $0.48. Caesars Entertainment's Cyclically Adjusted Price-to-FCF of today is 77.10.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Caesars Entertainment was 135.67. The lowest was 55.65. And the median was 77.71.


Caesars Entertainment Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Caesars Entertainment's Cyclically Adjusted FCF per Share 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.

Caesars Entertainment Cyclically Adjusted FCF per Share Chart

Caesars Entertainment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.65

Caesars Entertainment Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted FCF per Share 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 0.57 0.65 0.56 0.63 0.48

Competitive Comparison of Caesars Entertainment's Cyclically Adjusted FCF per Share

For the Resorts & Casinos subindustry, Caesars 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.


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

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

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



Caesars Entertainment Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Caesars Entertainment's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.963/133.0289*133.0289
=-0.963

Current CPI (Sep. 2024) = 133.0289.

Caesars Entertainment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.112 99.070 0.150
201503 -0.344 99.621 -0.459
201506 0.371 100.684 0.490
201509 -0.111 100.392 -0.147
201512 0.495 99.792 0.660
201603 0.005 100.470 0.007
201606 0.588 101.688 0.769
201609 0.230 101.861 0.300
201612 0.271 101.863 0.354
201703 -0.021 102.862 -0.027
201706 -0.382 103.349 -0.492
201709 0.583 104.136 0.745
201712 0.346 104.011 0.443
201803 0.727 105.290 0.919
201806 0.468 106.317 0.586
201809 1.035 106.507 1.293
201812 0.021 105.998 0.026
201903 0.345 107.251 0.428
201906 0.047 108.070 0.058
201909 1.193 108.329 1.465
201912 0.215 108.420 0.264
202003 0.090 108.902 0.110
202006 -1.613 108.767 -1.973
202009 -1.270 109.815 -1.538
202012 -2.240 109.897 -2.711
202103 -0.048 111.754 -0.057
202106 0.787 114.631 0.913
202109 0.785 115.734 0.902
202112 0.076 117.630 0.086
202203 -2.192 121.301 -2.404
202206 0.447 125.017 0.476
202209 0.447 125.227 0.475
202212 1.350 125.222 1.434
202303 -0.456 127.348 -0.476
202306 2.144 128.729 2.216
202309 0.051 129.860 0.052
202312 0.644 129.419 0.662
202403 -0.852 131.776 -0.860
202406 0.579 132.554 0.581
202409 -0.963 133.029 -0.963

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Caesars Entertainment  (NAS:CZR) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Caesars Entertainment's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=37.01/0.48
=77.10

* 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.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Caesars Entertainment was 135.67. The lowest was 55.65. And the median was 77.71.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Caesars Entertainment Cyclically Adjusted FCF per Share Related Terms

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


Caesars Entertainment Business Description

Traded in Other Exchanges
Address
100 West Liberty Street, 12th Floor, Reno, NV, USA, 89501
Caesars Entertainment includes about 50 domestic gaming properties across Las Vegas (49% of 2023 EBITDAR before corporate expenses) and regional (48%) markets. Additionally, the company hosts managed properties and digital assets, the later of which produced marginal EBITDA in 2023. Caesars' US presence roughly doubled with the 2020 acquisition by Eldorado, which built its first casino in Reno, Nevada, in 1973 and expanded its presence through prior acquisitions to over 20 properties before merging with legacy Caesars. Caesars' brands include Caesars, Harrah's, Tropicana, Bally's, Isle, and Flamingo. Also, the company owns the US portion of William Hill (it sold the international operation in 2022), a digital sports betting platform.
Executives
Mather Courtney director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Fahrenkopf Frank J Jr director ONE CORPORATE CENTER, RYE NY 10580
Bonnie Biumi director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Michael E Pegram director PO BOX 285, BURLINGTON WA 98233
Stephanie Lepori officer: CAO & Chief Admin. Officer 100 WEST LIBERTY STREET, SUITE 1150, RENO NV 89501
Thomas Reeg director, officer: Chief Executive Officer 21 WATERWAY AVE, SUITE 150, THE WOODLANDS TX 77380
David P Tomick director 100 REGENCY FOREST DR, SUITE 400, CARY NC 27511
Don R Kornstein director DON R KORNSTEIN, 825 LAKESHORE BLVD, INCLINE VILLAGE NV 89451
Sandra Douglass Morgan director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Quatmann Edmund L Jr officer: See Remarks 600 EMERSON ROAD, SUITE 300, ST. LOUIS MO 63141
Josh Jones officer: Chief Marketing Officer 100 W. LIBERTY ST., 12TH FLOOR, RENO NV 89501
Gary L. Carano director, officer: Exec. Chairman of the Board 100 WEST LIBERTY STREET, 11TH FLOOR, RENO NV 89501
Anthony L. Carano officer: President and COO 100 WEST LIBERTY STREET, RENO NV 89501
Jones Blackhurst Janis L director ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
James Larry Nelson director 2747 PARADISE ROAD, PH2804, LAS VEGAS NV 89109