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Empire Resorts (Empire Resorts) Cyclically Adjusted FCF per Share : $0.00 (As of Sep. 2019)


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What is Empire Resorts 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.

Empire Resorts's adjusted free cash flow per share for the three months ended in Sep. 2019 was $-0.685. 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 $0.00 for the trailing ten years ended in Sep. 2019.

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 (2024-05-01), Empire Resorts's current stock price is $9.75. Empire Resorts's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2019 was $0.00. Empire Resorts's Cyclically Adjusted Price-to-FCF of today is .


Empire Resorts Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Empire Resorts'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.

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Empire Resorts Cyclically Adjusted FCF per Share Chart

Empire Resorts Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted FCF per Share
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Empire Resorts Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Empire Resorts's Cyclically Adjusted FCF per Share

For the Resorts & Casinos subindustry, Empire Resorts'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.


Empire Resorts's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

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



Empire Resorts 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, Empire Resorts's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2019 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=-0.685/108.3294*108.3294
=-0.685

Current CPI (Sep. 2019) = 108.3294.

Empire Resorts Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200912 0.154 91.111 0.183
201003 -0.610 91.821 -0.720
201006 0.143 91.962 0.168
201009 -0.424 92.162 -0.498
201012 -0.074 92.474 -0.087
201103 -0.330 94.283 -0.379
201106 0.316 95.235 0.359
201109 0.203 95.727 0.230
201112 0.036 95.213 0.041
201203 -0.210 96.783 -0.235
201206 0.196 96.819 0.219
201209 -0.110 97.633 -0.122
201212 0.501 96.871 0.560
201303 -0.505 98.209 -0.557
201306 -0.113 98.518 -0.124
201309 -0.099 98.790 -0.109
201312 -0.045 98.326 -0.050
201403 -0.292 99.695 -0.317
201406 -0.689 100.560 -0.742
201409 -0.639 100.428 -0.689
201412 -0.271 99.070 -0.296
201503 -0.453 99.621 -0.493
201506 -0.452 100.684 -0.486
201509 -0.761 100.392 -0.821
201512 -3.117 99.792 -3.384
201603 -3.900 100.470 -4.205
201606 -1.440 101.688 -1.534
201609 -3.692 101.861 -3.926
201612 0.449 101.863 0.478
201703 -14.191 102.862 -14.945
201706 0.949 103.349 0.995
201709 -0.202 104.136 -0.210
201712 -0.461 104.011 -0.480
201803 -2.932 105.290 -3.017
201806 -1.712 106.317 -1.744
201809 -1.247 106.507 -1.268
201812 -2.389 105.998 -2.442
201903 -0.947 107.251 -0.957
201906 -0.759 108.070 -0.761
201909 -0.685 108.329 -0.685

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


Empire Resorts  (NAS:NYNY) 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.


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.


Empire Resorts Cyclically Adjusted FCF per Share Related Terms

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


Empire Resorts (Empire Resorts) Business Description

Traded in Other Exchanges
N/A
Address
c/o Monticello Casino and Raceway, 204 State Route 17B, P.O. Box 5013, Monticello, NY, USA, 12701
Empire Resorts Inc is a United State based holding company which operates casinos. It engaged in the hospitality and gaming industries. The company's subsidiary, Monticello Raceway Management, Inc., owns and operates the Monticello Casino and Raceway in Monticello, New York. The facility includes over 1,000 slot machines and electronic table games, as well as dining and live entertainment.
Executives
Kok Thay Lim 10 percent owner 22ND FLOOR, WISMA GENTING, JALAN SULTAN ISMAIL, KUALA LUMPUR N8 50250
Emanuel R Pearlman director, officer: Executive Chairman 250 EAST 79TH STREET, NEW YORK NY 10075
Paul Debary director C/O NOVUME SOLUTIONS, INC., 14420 ALBEMARLE POINT PLACE, SUITE 200, CHANTILLY VA 20151
Richard L Robbins director C/O VITAL SIGNS INC, 20 CAMPUS ROAD, TOTWA NJ 07512
Robert Alan Berman 10 percent owner C/O NOVUME SOLUTIONS, INC., 14420 ALBEMARLE POINT PLACE, SUITE 200, CHANTILLY VA 20151
David Patrick Hanlon director, officer: CEO and President
Arthur Sonnenblick director 888 SEVENTH AVE, NEW YORK NY 10019