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A&W Revenue Royaltiesome Fund (TSX:AW.UN) Cyclically Adjusted Price-to-FCF : 12.30 (As of Apr. 29, 2024)


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What is A&W Revenue Royaltiesome Fund Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), A&W Revenue Royaltiesome Fund's current share price is C$30.00. A&W Revenue Royaltiesome Fund's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2023 was C$2.44. A&W Revenue Royaltiesome Fund's Cyclically Adjusted Price-to-FCF for today is 12.30.

The historical rank and industry rank for A&W Revenue Royaltiesome Fund's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TSX:AW.UN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.49   Med: 19.67   Max: 30.44
Current: 12.28

During the past years, A&W Revenue Royaltiesome Fund's highest Cyclically Adjusted Price-to-FCF was 30.44. The lowest was 11.49. And the median was 19.67.

TSX:AW.UN's Cyclically Adjusted Price-to-FCF is ranked better than
63.56% of 118 companies
in the Restaurants industry
Industry Median: 15.82 vs TSX:AW.UN: 12.28

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.

A&W Revenue Royaltiesome Fund's adjusted free cash flow per share data for the three months ended in Jun. 2023 was C$0.575. 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 C$2.44 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


A&W Revenue Royaltiesome Fund Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for A&W Revenue Royaltiesome Fund'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.

A&W Revenue Royaltiesome Fund Cyclically Adjusted Price-to-FCF Chart

A&W Revenue Royaltiesome Fund 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 21.61 17.13 18.50 14.86 -

A&W Revenue Royaltiesome Fund Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 14.89 14.86 15.45 14.78 -

Competitive Comparison of A&W Revenue Royaltiesome Fund's Cyclically Adjusted Price-to-FCF

For the Restaurants subindustry, A&W Revenue Royaltiesome Fund'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.


A&W Revenue Royaltiesome Fund's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, A&W Revenue Royaltiesome Fund's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where A&W Revenue Royaltiesome Fund's Cyclically Adjusted Price-to-FCF falls into.



A&W Revenue Royaltiesome Fund 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.

A&W Revenue Royaltiesome Fund's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=30.00/2.44
=12.30

* 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.

A&W Revenue Royaltiesome Fund's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, A&W Revenue Royaltiesome Fund's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.575/124.2033*124.2033
=0.575

Current CPI (Jun. 2023) = 124.2033.

A&W Revenue Royaltiesome Fund Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 0.393 97.419 0.501
201312 0.421 96.945 0.539
201403 0.385 98.604 0.485
201406 0.366 99.473 0.457
201409 0.417 99.394 0.521
201412 0.494 98.367 0.624
201503 0.446 99.789 0.555
201506 0.412 100.500 0.509
201509 0.480 100.421 0.594
201512 0.570 99.947 0.708
201603 0.414 101.054 0.509
201606 0.460 102.002 0.560
201609 0.467 101.765 0.570
201612 0.533 101.449 0.653
201703 0.445 102.634 0.539
201706 0.322 103.029 0.388
201709 0.532 103.345 0.639
201712 0.657 103.345 0.790
201803 0.468 105.004 0.554
201806 0.563 105.557 0.662
201809 0.655 105.636 0.770
201812 0.727 105.399 0.857
201903 0.565 106.979 0.656
201906 0.737 107.690 0.850
201909 0.606 107.611 0.699
201912 0.710 107.769 0.818
202003 0.518 107.927 0.596
202006 -0.051 108.401 -0.058
202009 0.655 108.164 0.752
202012 1.040 108.559 1.190
202103 0.343 110.298 0.386
202106 0.545 111.720 0.606
202109 0.562 112.905 0.618
202112 0.720 113.774 0.786
202203 0.494 117.646 0.522
202206 0.774 120.806 0.796
202209 0.664 120.648 0.684
202212 0.819 120.964 0.841
202303 0.143 122.702 0.145
202306 0.575 124.203 0.575

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.


A&W Revenue Royaltiesome Fund  (TSX:AW.UN) 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.


A&W Revenue Royaltiesome Fund Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of A&W Revenue Royaltiesome Fund's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


A&W Revenue Royaltiesome Fund (TSX:AW.UN) Business Description

Traded in Other Exchanges
Address
300-171 West Esplanade, North Vancouver, BC, CAN, V7M 3K9
A&W Revenue Royalties Income Fund is a limited purpose trust established to invest in A&W Trade Marks Inc, which through its ownership interest in A&W Trade Marks Limited Partnership owns the A&W trade-marks used in the A&W quick service restaurant business in Canada. The company has opened approximately 32 locations, bringing the total number of A&W restaurants to approximately 854, of which almost 845 are franchised and nine are owned and operated corporately. It has granted A&W Food Services of Canada Inc, a license to use the A&W trade-marks to market Root Beer in cans and bottles to the retail grocery trade as well as its acts as a franchisor of hamburger quick-service restaurants in Canada.

A&W Revenue Royaltiesome Fund (TSX:AW.UN) Headlines

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