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The Wendy's Co (STU:TQK) Cyclically Adjusted Price-to-FCF : 21.03 (As of Jun. 08, 2024)


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What is The Wendy's Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), The Wendy's Co's current share price is €15.56. The Wendy's Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.74. The Wendy's Co's Cyclically Adjusted Price-to-FCF for today is 21.03.

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

STU:TQK' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.55   Med: 52.56   Max: 410.5
Current: 20.6

During the past years, The Wendy's Co's highest Cyclically Adjusted Price-to-FCF was 410.50. The lowest was 5.55. And the median was 52.56.

STU:TQK's Cyclically Adjusted Price-to-FCF is ranked worse than
61.48% of 122 companies
in the Restaurants industry
Industry Median: 16.15 vs STU:TQK: 20.60

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.

The Wendy's Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.367. 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 €0.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Wendy's Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for The Wendy's 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.

The Wendy's Co Cyclically Adjusted Price-to-FCF Chart

The Wendy's 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 69.63 55.36 46.20 35.74 26.22

The Wendy's 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 32.74 31.84 28.44 26.22 23.28

Competitive Comparison of The Wendy's Co's Cyclically Adjusted Price-to-FCF

For the Restaurants subindustry, The Wendy's 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.


The Wendy's Co's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

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

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



The Wendy's 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.

The Wendy's Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.56/0.74
=21.03

* 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.

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

For example, The Wendy's 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)
=0.367/131.7762*131.7762
=0.367

Current CPI (Mar. 2024) = 131.7762.

The Wendy's Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.010 100.560 0.013
201409 0.038 100.428 0.050
201412 -0.062 99.070 -0.082
201503 -0.098 99.621 -0.130
201506 -0.091 100.684 -0.119
201509 0.023 100.392 0.030
201512 0.309 99.792 0.408
201603 0.039 100.470 0.051
201606 0.083 101.688 0.108
201609 -0.029 101.861 -0.038
201612 0.056 101.863 0.072
201703 0.100 102.862 0.128
201706 0.168 103.349 0.214
201709 0.110 104.136 0.139
201712 0.171 104.011 0.217
201803 0.190 105.290 0.238
201806 0.231 106.317 0.286
201809 0.229 106.507 0.283
201812 -0.130 105.998 -0.162
201903 0.191 107.251 0.235
201906 0.292 108.070 0.356
201909 0.262 108.329 0.319
201912 0.070 108.420 0.085
202003 -0.127 108.902 -0.154
202006 0.130 108.767 0.158
202009 0.594 109.815 0.713
202012 0.196 109.897 0.235
202103 0.280 111.754 0.330
202106 0.218 114.631 0.251
202109 0.372 115.734 0.424
202112 0.139 117.630 0.156
202203 0.035 121.301 0.038
202206 0.258 125.017 0.272
202209 0.308 125.227 0.324
202212 0.183 125.222 0.193
202303 0.177 127.348 0.183
202306 0.306 128.729 0.313
202309 0.456 129.860 0.463
202312 0.206 129.419 0.210
202403 0.367 131.776 0.367

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.


The Wendy's Co  (STU:TQK) 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.


The Wendy's Co Cyclically Adjusted Price-to-FCF Related Terms

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The Wendy's Co (STU:TQK) Business Description

Industry
Traded in Other Exchanges
Address
One Dave Thomas Boulevard, Dublin, OH, USA, 43017
The Wendy's Company is the second-largest burger quick-service restaurant, or QSR, chain in the United States by systemwide sales, with $11.7 billion in 2022, narrowly edging Burger King ($10.3 billion) and clocking in well behind wide-moat McDonald's ($48.1 billion). After divestitures of Tim Hortons (2006) and Arby's (2011), the firm manages just the burger banner, generating sales across a footprint that spanned almost 7,100 total units in 30 countries as of year-end 2022. Wendy's generates revenue from the sale of hamburgers, chicken sandwiches, salads, and fries throughout its company-owned footprint, through franchise royalty and marketing fund payments remitted by its franchisees, which account for 94% of stores, and through franchise flipping and advisory fees.

The Wendy's Co (STU:TQK) Headlines

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