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Groupe Partouche (STU:PZ21) Cyclically Adjusted Price-to-FCF : 13.96 (As of Apr. 30, 2024)


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What is Groupe Partouche Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Groupe Partouche's current share price is €19.55. Groupe Partouche's Cyclically Adjusted FCF per Share for the fiscal year that ended in Oct23 was €1.40. Groupe Partouche's Cyclically Adjusted Price-to-FCF for today is 13.96.

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

STU:PZ21' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.92   Med: 9.57   Max: 17.67
Current: 13.93

During the past 13 years, Groupe Partouche's highest Cyclically Adjusted Price-to-FCF was 17.67. The lowest was 0.92. And the median was 9.57.

STU:PZ21's Cyclically Adjusted Price-to-FCF is ranked better than
67.14% of 350 companies
in the Travel & Leisure industry
Industry Median: 21.745 vs STU:PZ21: 13.93

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.

Groupe Partouche's adjusted free cash flow per share data of for the fiscal year that ended in Oct23 was €1.196. 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 €1.40 for the trailing ten years ended in Oct23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Groupe Partouche Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Groupe Partouche'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.

Groupe Partouche Cyclically Adjusted Price-to-FCF Chart

Groupe Partouche Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.29 11.04 15.76 12.96 12.28

Groupe Partouche Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 15.76 - 12.96 - 12.28

Competitive Comparison of Groupe Partouche's Cyclically Adjusted Price-to-FCF

For the Resorts & Casinos subindustry, Groupe Partouche'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.


Groupe Partouche's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Groupe Partouche's Cyclically Adjusted Price-to-FCF falls into.



Groupe Partouche 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.

Groupe Partouche's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.55/1.4
=13.96

* 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.

Groupe Partouche's Cyclically Adjusted FCF per Share for the fiscal year that ended in Oct23 is calculated as:

For example, Groupe Partouche's adjusted Free Cash Flow per Share data for the fiscal year that ended in Oct23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Oct23 (Change)*Current CPI (Oct23)
=1.196/118.4300*118.4300
=1.196

Current CPI (Oct23) = 118.4300.

Groupe Partouche Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201410 1.960 99.950 2.322
201510 2.680 100.010 3.174
201610 1.275 100.370 1.504
201710 0.127 101.430 0.148
201810 -1.780 103.670 -2.033
201910 1.734 104.460 1.966
202010 1.389 104.510 1.574
202110 0.366 107.250 0.404
202210 3.845 113.900 3.998
202310 1.196 118.430 1.196

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.


Groupe Partouche  (STU:PZ21) 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.


Groupe Partouche Cyclically Adjusted Price-to-FCF Related Terms

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


Groupe Partouche (STU:PZ21) Business Description

Traded in Other Exchanges
Address
141 bis, Rue de Saussure, Paris, FRA, 75017
Groupe Partouche is a France-based company that owns and operates casinos and Hotels. It conducts its activities in France, Belgium, and Switzerland. The games that the company provides include Boule, Texas Hold'em poker, and electronic roulette and slot machines. The company's segments are divided into Casinos, Hotels, and Other Activities. The Casino division, comprises gaming, catering, and entertainment, the Hotel division, comprises accommodation and hospitality services. The majority of the revenue is generated from the Casinos segment. The group also operates in the rest of Europe and at the international level.

Groupe Partouche (STU:PZ21) Headlines

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