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Royal Caribbean Group (MEX:RCL) Cyclically Adjusted FCF per Share : MXN-61.45 (As of Mar. 2024)


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What is Royal Caribbean Group 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.

Royal Caribbean Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was MXN64.141. 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 MXN-61.45 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -83.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Royal Caribbean Group was 63.50% per year. The lowest was -133.90% per year. And the median was 1.00% per year.

As of today (2024-06-21), Royal Caribbean Group's current stock price is MXN2760.00. Royal Caribbean Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was MXN-61.45. Royal Caribbean Group's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Royal Caribbean Group was 7195.00. The lowest was 13.68. And the median was 166.88.


Royal Caribbean Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Royal Caribbean Group'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.

Royal Caribbean Group Cyclically Adjusted FCF per Share Chart

Royal Caribbean Group 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 32.95 -12.72 -52.06 -71.80 -68.20

Royal Caribbean Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -60.54 -56.94 -60.36 -68.20 -61.45

Competitive Comparison of Royal Caribbean Group's Cyclically Adjusted FCF per Share

For the Travel Services subindustry, Royal Caribbean 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.


Royal Caribbean Group's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

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



Royal Caribbean Group 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, Royal Caribbean Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=64.141/131.7762*131.7762
=64.141

Current CPI (Mar. 2024) = 131.7762.

Royal Caribbean Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 23.251 100.560 30.469
201409 21.718 100.428 28.497
201412 -64.292 99.070 -85.517
201503 8.407 99.621 11.121
201506 -16.553 100.684 -21.665
201509 27.400 100.392 35.966
201512 6.706 99.792 8.855
201603 18.019 100.470 23.634
201606 -85.937 101.688 -111.365
201609 41.546 101.861 53.747
201612 32.064 101.863 41.480
201703 58.782 102.862 75.305
201706 59.734 103.349 76.164
201709 57.139 104.136 72.305
201712 22.206 104.011 28.134
201803 -67.712 105.290 -84.746
201806 47.602 106.317 59.001
201809 46.257 106.507 57.232
201812 -39.097 105.998 -48.605
201903 56.227 107.251 69.085
201906 -25.510 108.070 -31.106
201909 40.945 108.329 49.807
201912 -6.610 108.420 -8.034
202003 -118.177 108.902 -143.000
202006 -263.123 108.767 -318.785
202009 -107.151 109.815 -128.580
202012 -107.783 109.897 -129.242
202103 -157.374 111.754 -185.569
202106 -53.550 114.631 -61.559
202109 -62.265 115.734 -70.896
202112 -62.684 117.630 -70.223
202203 -147.830 121.301 -160.596
202206 -37.561 125.017 -39.592
202209 -21.271 125.227 -22.384
202212 31.253 125.222 32.889
202303 74.786 127.348 77.387
202306 36.176 128.729 37.032
202309 23.451 129.860 23.797
202312 -87.901 129.419 -89.502
202403 64.141 131.776 64.141

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


Royal Caribbean Group  (MEX:RCL) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Royal Caribbean Group was 7195.00. The lowest was 13.68. And the median was 166.88.


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.


Royal Caribbean Group Cyclically Adjusted FCF per Share Related Terms

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


Royal Caribbean Group (MEX:RCL) Business Description

Address
1050 Caribbean Way, Miami, FL, USA, 33132
Royal Caribbean is the world's second-largest cruise company, operating 64 ships across five global and partner brands in the cruise vacation industry, with 10 more ships on order. Brands the company operates include Royal Caribbean International, Celebrity Cruises, and Silversea. The company also has a 50% investment in a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. The selection of brands in the portfolio allows Royal to compete on the basis of innovation, quality of ships and service, variety of itineraries, choice of destinations, and price. The company completed the divestiture of its Azamara brand in the first quarter of 2021.