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Travel+Leisure Co (LTS:0M1K) Cyclically Adjusted Price-to-FCF : 7.73 (As of May. 24, 2024)


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What is Travel+Leisure Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Travel+Leisure Co's current share price is $58.15. Travel+Leisure Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $7.52. Travel+Leisure Co's Cyclically Adjusted Price-to-FCF for today is 7.73.

The historical rank and industry rank for Travel+Leisure Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LTS:0M1K' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.22   Med: 8.51   Max: 14.38
Current: 6.77

During the past years, Travel+Leisure Co's highest Cyclically Adjusted Price-to-FCF was 14.38. The lowest was 3.22. And the median was 8.51.

LTS:0M1K's Cyclically Adjusted Price-to-FCF is ranked better than
83.62% of 348 companies
in the Travel & Leisure industry
Industry Median: 21.865 vs LTS:0M1K: 6.77

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.

Travel+Leisure Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.417. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $7.52 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Travel+Leisure Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Travel+Leisure Co'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.

* Premium members only.

Travel+Leisure Co Cyclically Adjusted Price-to-FCF Chart

Travel+Leisure Co 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 8.88 7.53 8.61 5.52 6.06

Travel+Leisure Co 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 6.05 6.44 5.77 6.06 7.73

Competitive Comparison of Travel+Leisure Co's Cyclically Adjusted Price-to-FCF

For the Travel Services subindustry, Travel+Leisure Co'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.


Travel+Leisure Co's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Travel+Leisure Co's Cyclically Adjusted Price-to-FCF falls into.



Travel+Leisure Co 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.

Travel+Leisure Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=58.15/7.52
=7.73

* 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.

Travel+Leisure Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Travel+Leisure Co'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)
=0.417/131.7762*131.7762
=0.417

Current CPI (Mar. 2024) = 131.7762.

Travel+Leisure Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 3.328 100.560 4.361
201409 0.437 100.428 0.573
201412 -0.008 99.070 -0.011
201503 1.615 99.621 2.136
201506 3.567 100.684 4.669
201509 0.297 100.392 0.390
201512 1.224 99.792 1.616
201603 1.912 100.470 2.508
201606 3.570 101.688 4.626
201609 0.310 101.861 0.401
201612 1.816 101.863 2.349
201703 1.981 102.862 2.538
201706 3.841 103.349 4.898
201709 -0.224 104.136 -0.283
201712 2.847 104.011 3.607
201803 1.181 105.290 1.478
201806 1.446 106.317 1.792
201809 0.281 106.507 0.348
201812 0.528 105.998 0.656
201903 1.394 107.251 1.713
201906 0.890 108.070 1.085
201909 0.326 108.329 0.397
201912 1.104 108.420 1.342
202003 0.414 108.902 0.501
202006 0.644 108.767 0.780
202009 0.894 109.815 1.073
202012 1.591 109.897 1.908
202103 0.759 111.754 0.895
202106 2.277 114.631 2.618
202109 1.487 115.734 1.693
202112 1.329 117.630 1.489
202203 1.506 121.301 1.636
202206 0.875 125.017 0.922
202209 0.299 125.227 0.315
202212 1.980 125.222 2.084
202303 -0.064 127.348 -0.066
202306 1.152 128.729 1.179
202309 1.005 129.860 1.020
202312 1.646 129.419 1.676
202403 0.417 131.776 0.417

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.


Travel+Leisure Co  (LTS:0M1K) 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.


Travel+Leisure Co Cyclically Adjusted Price-to-FCF Related Terms

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Travel+Leisure Co (LTS:0M1K) Business Description

Traded in Other Exchanges
Address
6277 Sea Harbor Drive, Orlando, FL, USA, 32821
Travel+Leisure Co is a membership and leisure travel company. It provides hospitality services and travel products. The company operates in the segments of Vacation Ownership, which is the key revenue-driving segment, develops, markets and sells vacation ownership interests (VOIs) to individual consumers, provides consumer financing in connection with the sale of VOIs, and provides property management services at resorts and Travel and Membership which operates a variety of travel businesses, including three vacation exchange brands, a home exchange network, travel technology platforms, travel memberships, and direct-to-consumer rentals. Majority of the revenue is earned from United States.

Travel+Leisure Co (LTS:0M1K) Headlines

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