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Time Out Group (LSE:TMO) Cyclically Adjusted Price-to-FCF : (As of Jun. 01, 2025)


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What is Time Out Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Time Out Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Time Out Group'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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Time Out Group Cyclically Adjusted Price-to-FCF Chart

Time Out Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Price-to-FCF
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Time Out Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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Competitive Comparison of Time Out Group's Cyclically Adjusted Price-to-FCF

For the Restaurants subindustry, Time Out 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.


Time Out Group's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Time Out Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Time Out Group 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.

Time Out Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun24 is calculated as:

For example, Time Out Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=-0.003/133.0000*133.0000
=-0.003

Current CPI (Jun24) = 133.0000.

Time Out Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.090 99.900 -0.120
201512 -0.116 100.400 -0.154
201612 -0.198 102.200 -0.258
201712 -0.190 105.000 -0.241
201812 -0.228 107.100 -0.283
201912 -0.230 108.500 -0.282
202106 0.000 111.400 0.000
202206 -0.027 120.500 -0.030
202306 0.001 129.400 0.001
202406 -0.003 133.000 -0.003

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.


Time Out Group  (LSE:TMO) 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.


Time Out Group Cyclically Adjusted Price-to-FCF Related Terms

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Time Out Group Business Description

Industry
Traded in Other Exchanges
N/A
Address
172 Drury Lane, First Floor, London, GBR, WC2B 5QR
Time Out Group PLC is a media and entertainment company. It helps people discover, book, and share what the world's cities have to offer. The company provides content about food, drink, entertainment, film, music, attractions, art, culture, shopping, nightlife, hotels, and travel. It operates in two divisions namely Time Out Media and Time Out Market. Time Out Media includes digital and print advertising, marketing solutions, live events tickets, and sponsorship, commissions generated by e-commerce transactions, and fees from the franchise partners while Time Out Market includes concessionaires' sales, Time Out operated bars, and retail, events, and sponsorship. It Its geographical segments include Europe, North America, and the Rest of the World.