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Turism Hoteluri Restaurante Marea Neagra (BSE:EFO) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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What is Turism Hoteluri Restaurante Marea Neagra Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Turism Hoteluri Restaurante Marea Neagra Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Turism Hoteluri Restaurante Marea Neagra'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.

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Turism Hoteluri Restaurante Marea Neagra Cyclically Adjusted Price-to-FCF Chart

Turism Hoteluri Restaurante Marea Neagra 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 - - - - 83.65

Turism Hoteluri Restaurante Marea Neagra Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 365.50 - 74.13 83.65 99.27

Competitive Comparison of Turism Hoteluri Restaurante Marea Neagra's Cyclically Adjusted Price-to-FCF

For the Resorts & Casinos subindustry, Turism Hoteluri Restaurante Marea Neagra'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.


Turism Hoteluri Restaurante Marea Neagra's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Turism Hoteluri Restaurante Marea Neagra's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Turism Hoteluri Restaurante Marea Neagra's Cyclically Adjusted Price-to-FCF falls into.



Turism Hoteluri Restaurante Marea Neagra 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.

Turism Hoteluri Restaurante Marea Neagra's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Turism Hoteluri Restaurante Marea Neagra'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)
=-0.001/131.7762*131.7762
=-0.001

Current CPI (Mar. 2024) = 131.7762.

Turism Hoteluri Restaurante Marea Neagra Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 0.000 98.518 0.000
201309 0.000 98.790 0.000
201312 0.000 98.326 0.000
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 0.000 99.792 0.000
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 0.000 101.863 0.000
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 0.000 104.011 0.000
201812 0.000 105.998 0.000
201906 0.000 108.070 0.000
201909 0.000 108.329 0.000
201912 0.000 108.420 0.000
202003 0.000 108.902 0.000
202006 0.000 108.767 0.000
202009 0.000 109.815 0.000
202012 0.000 109.897 0.000
202103 -0.004 111.754 -0.005
202106 -0.026 114.631 -0.030
202109 0.029 115.734 0.033
202112 0.000 117.630 0.000
202203 -0.005 121.301 -0.005
202206 0.003 125.017 0.003
202209 -0.002 125.227 -0.002
202212 0.003 125.222 0.003
202303 0.004 127.348 0.004
202306 -0.015 128.729 -0.015
202309 0.024 129.860 0.024
202312 0.003 129.419 0.003
202403 -0.001 131.776 -0.001

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.


Turism Hoteluri Restaurante Marea Neagra  (BSE:EFO) 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.


Turism Hoteluri Restaurante Marea Neagra Cyclically Adjusted Price-to-FCF Related Terms

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Turism Hoteluri Restaurante Marea Neagra (BSE:EFO) Business Description

Traded in Other Exchanges
N/A
Address
Lavrion Street, No. 29, Constanta County, Mangalia, ROU, 905500
Turism Hoteluri Restaurante Marea Neagra SA is engaged in providing tourist services. It provides resort and various types of accommodation and food services in the resorts and hotels of Black Sea resorts of Eforie Nord, Eforie Sud, Venus and Saturn. The services provided by the company are completed by the health and treatment offers in spa units situated in Bran-Brad-Bega, Balada, Hora, and Sirena. Geographically the operations are carried out through the region of Romania.

Turism Hoteluri Restaurante Marea Neagra (BSE:EFO) Headlines

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