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Tivoli A/S (LTS:0RFR) Cyclically Adjusted Price-to-FCF : (As of May. 28, 2024)


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What is Tivoli A/S Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tivoli A/S Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tivoli A/S'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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Tivoli A/S Cyclically Adjusted Price-to-FCF Chart

Tivoli A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Tivoli A/S Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Tivoli A/S's Cyclically Adjusted Price-to-FCF

For the Leisure subindustry, Tivoli A/S'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.


Tivoli A/S's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Tivoli A/S's Cyclically Adjusted Price-to-FCF falls into.



Tivoli A/S 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.

Tivoli A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Tivoli A/S'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)
=-18.597/118.4000*118.4000
=-18.597

Current CPI (Mar. 2024) = 118.4000.

Tivoli A/S Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 6.396 99.700 7.596
201409 6.245 99.700 7.416
201412 15.514 99.400 18.479
201503 -13.139 100.200 -15.526
201506 2.086 100.300 2.462
201509 8.598 100.200 10.160
201512 12.159 99.800 14.425
201603 -24.453 100.200 -28.895
201606 -2.249 100.600 -2.647
201609 8.729 100.200 10.315
201612 -2.789 100.300 -3.292
201703 -31.563 101.200 -36.927
201706 -9.052 101.200 -10.590
201709 2.979 101.800 3.465
201712 13.906 101.300 16.253
201803 -16.561 101.700 -19.280
201806 0.655 102.300 0.758
201809 1.472 102.400 1.702
201812 17.935 102.100 20.798
201903 -19.070 102.900 -21.943
201906 4.071 102.900 4.684
201909 3.021 102.900 3.476
201912 12.891 102.900 14.833
202003 -20.674 103.300 -23.696
202006 -19.605 103.200 -22.493
202009 15.113 103.500 17.289
202012 -10.600 103.400 -12.138
202103 -22.599 104.300 -25.654
202106 -0.759 105.000 -0.856
202109 10.126 105.800 11.332
202112 26.435 106.600 29.361
202203 -18.314 109.900 -19.730
202206 14.708 113.600 15.329
202209 13.585 116.400 13.818
202212 7.802 115.900 7.970
202303 -18.233 117.300 -18.404
202306 6.109 116.400 6.214
202309 19.341 117.400 19.506
202312 4.873 116.700 4.944
202403 -18.597 118.400 -18.597

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.


Tivoli A/S  (LTS:0RFR) 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.


Tivoli A/S Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Tivoli A/S's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Tivoli A/S (LTS:0RFR) Business Description

Industry
Traded in Other Exchanges
Address
Vesterbrogade 3, Copenhagen, DNK, 1630
Tivoli A/S operates Tivoli amusement park, located in central Copenhagen. It provides services like rides, music, and entertainment, food, and drink. Its amusement park includes a green park, a concert hall, a theatre, a circus. The company operates in six business segments Games & Casino, Food & Beverage, high end, Enterprise Rental, Sales, Culture.

Tivoli A/S (LTS:0RFR) Headlines

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