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Good Spirits Hospitality (NZSE:GSH) Cyclically Adjusted Price-to-FCF : 0.73 (As of May. 21, 2024)


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What is Good Spirits Hospitality Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Good Spirits Hospitality's current share price is NZ$0.022. Good Spirits Hospitality's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was NZ$0.03. Good Spirits Hospitality's Cyclically Adjusted Price-to-FCF for today is 0.73.

The historical rank and industry rank for Good Spirits Hospitality's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

NZSE:GSH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.5   Med: 2.31   Max: 8
Current: 0.86

During the past 13 years, Good Spirits Hospitality's highest Cyclically Adjusted Price-to-FCF was 8.00. The lowest was 0.50. And the median was 2.31.

NZSE:GSH's Cyclically Adjusted Price-to-FCF is not ranked
in the Restaurants industry.
Industry Median: 16.67 vs NZSE:GSH: 0.86

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.

Good Spirits Hospitality's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was NZ$0.035. 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 NZ$0.03 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Good Spirits Hospitality Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Good Spirits Hospitality'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.

Good Spirits Hospitality Cyclically Adjusted Price-to-FCF Chart

Good Spirits Hospitality Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.20 199.36 - 1.00 0.98

Good Spirits Hospitality Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 1.00 - 0.98 -

Competitive Comparison of Good Spirits Hospitality's Cyclically Adjusted Price-to-FCF

For the Restaurants subindustry, Good Spirits Hospitality'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.


Good Spirits Hospitality's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

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

* The bar in red indicates where Good Spirits Hospitality's Cyclically Adjusted Price-to-FCF falls into.



Good Spirits Hospitality 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.

Good Spirits Hospitality's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.022/0.03
=0.73

* 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.

Good Spirits Hospitality's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Good Spirits Hospitality's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.035/125.8458*125.8458
=0.035

Current CPI (Jun23) = 125.8458.

Good Spirits Hospitality Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.092 99.646 0.116
201506 -0.035 100.063 -0.044
201606 0.002 100.480 0.003
201706 0.084 102.231 0.103
201806 -0.030 103.764 -0.036
201906 0.024 105.502 0.029
202006 0.044 107.035 0.052
202106 0.034 110.614 0.039
202206 -0.038 118.690 -0.040
202306 0.035 125.846 0.035

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.


Good Spirits Hospitality  (NZSE:GSH) 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.


Good Spirits Hospitality Cyclically Adjusted Price-to-FCF Related Terms

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


Good Spirits Hospitality (NZSE:GSH) Business Description

Traded in Other Exchanges
N/A
Address
Ascot Business Park, 95 Ascot Avenue, Ground Floor, Building B, Greenlane, Auckland, NZL, 1051
Good Spirits Hospitality Ltd is an Australian firm that mainly in the food and beverage and hospitality sectors within New Zealand. The firm business division includes Good Spirits Hospitality No.1.This business division segment includes the operations of a chain of eight bars based in Auckland and one based in Hamilton. It derives key revenue from Auckland.

Good Spirits Hospitality (NZSE:GSH) Headlines

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