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Six Flags Entertainment (STU:6FE) Cyclically Adjusted FCF per Share : €2.52 (As of Mar. 2024)


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What is Six Flags 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.

Six Flags Entertainment's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.740. 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 €2.52 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Six Flags Entertainment's average Cyclically Adjusted FCF Growth Rate was -3.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 0.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 17.60% 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 Six Flags Entertainment was 90.80% per year. The lowest was -1.50% per year. And the median was 27.20% per year.

As of today (2024-05-25), Six Flags Entertainment's current stock price is €24.00. Six Flags Entertainment's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.52. Six Flags Entertainment's Cyclically Adjusted Price-to-FCF of today is 9.52.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Six Flags Entertainment was 316.92. The lowest was 3.77. And the median was 24.00.


Six Flags Entertainment Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Six Flags 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.

Six Flags Entertainment Cyclically Adjusted FCF per Share Chart

Six Flags 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 2.63 1.97 2.39 2.54 2.37

Six Flags Entertainment 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 2.47 2.62 2.67 2.37 2.52

Competitive Comparison of Six Flags Entertainment's Cyclically Adjusted FCF per Share

For the Leisure subindustry, Six Flags 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.


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

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

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



Six Flags 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, Six Flags Entertainment'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)
=-0.74/131.7762*131.7762
=-0.740

Current CPI (Mar. 2024) = 131.7762.

Six Flags Entertainment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.022 100.560 1.339
201409 1.578 100.428 2.071
201412 0.412 99.070 0.548
201503 -0.852 99.621 -1.127
201506 1.475 100.684 1.930
201509 2.032 100.392 2.667
201512 0.588 99.792 0.776
201603 -0.932 100.470 -1.222
201606 1.431 101.688 1.854
201609 2.042 101.861 2.642
201612 0.612 101.863 0.792
201703 -1.151 102.862 -1.475
201706 1.482 103.349 1.890
201709 2.222 104.136 2.812
201712 0.461 104.011 0.584
201803 -0.627 105.290 -0.785
201806 1.101 106.317 1.365
201809 1.860 106.507 2.301
201812 0.492 105.998 0.612
201903 -0.935 107.251 -1.149
201906 1.234 108.070 1.505
201909 2.005 108.329 2.439
201912 0.523 108.420 0.636
202003 -1.217 108.902 -1.473
202006 -0.760 108.767 -0.921
202009 -0.606 109.815 -0.727
202012 -0.434 109.897 -0.520
202103 -1.021 111.754 -1.204
202106 1.824 114.631 2.097
202109 1.530 115.734 1.742
202112 -0.318 117.630 -0.356
202203 -0.925 121.301 -1.005
202206 1.021 125.017 1.076
202209 1.356 125.227 1.427
202212 0.416 125.222 0.438
202303 -0.918 127.348 -0.950
202306 1.082 128.729 1.108
202309 1.346 129.860 1.366
202312 -0.556 129.419 -0.566
202403 -0.740 131.776 -0.740

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


Six Flags Entertainment  (STU:6FE) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=24.00/2.52
=9.52

* 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 13 years, the highest Cyclically Adjusted Price-to-FCF of Six Flags Entertainment was 316.92. The lowest was 3.77. And the median was 24.00.


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.


Six Flags Entertainment Cyclically Adjusted FCF per Share Related Terms

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


Six Flags Entertainment (STU:6FE) Business Description

Traded in Other Exchanges
Address
1000 Ballpark Way, Suite 400, Arlington, TX, USA, 76011
Six Flags Entertainment Corp owns and operate regional theme parks and water parks. The company operates around 27 theme parks and waterparks, 24 are located in the United States, two are located in Mexico and one is located in Montreal, Canada. The parks generally offer various rides, water attractions, themed areas, concerts, restaurants, game venues, and merchandise outlets.

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