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A&W Revenue Royaltiesome Fund (A&W Revenue Royaltiesome Fund) Cyclically Adjusted FCF per Share : $1.77 (As of Jun. 2023)


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What is A&W Revenue Royaltiesome Fund Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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 for the three months ended in Jun. 2023 was $0.433. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $1.77 for the trailing ten years ended in Jun. 2023.

During the past 12 months, A&W Revenue Royaltiesome Fund's average Cyclically Adjusted FCF Growth Rate was -100.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of A&W Revenue Royaltiesome Fund was 10.60% per year. The lowest was 3.50% per year. And the median was 7.70% per year.

As of today (2024-05-15), A&W Revenue Royaltiesome Fund's current stock price is $21.76. A&W Revenue Royaltiesome Fund's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2023 was $1.77. A&W Revenue Royaltiesome Fund's Cyclically Adjusted Price-to-FCF of today is 12.29.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of A&W Revenue Royaltiesome Fund was 30.44. The lowest was 11.49. And the median was 19.60.


A&W Revenue Royaltiesome Fund Cyclically Adjusted FCF per Share Historical Data

The historical data trend for A&W Revenue Royaltiesome Fund's Cyclically Adjusted FCF per Share 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 FCF per Share Chart

A&W Revenue Royaltiesome Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 1.59 1.64 1.80 -

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 FCF per Share 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 1.73 1.80 1.69 1.77 -

Competitive Comparison of A&W Revenue Royaltiesome Fund's Cyclically Adjusted FCF per Share

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 FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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)
=0.433/124.2033*124.2033
=0.433

Current CPI (Jun. 2023) = 124.2033.

A&W Revenue Royaltiesome Fund Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 0.380 97.419 0.484
201312 0.396 96.945 0.507
201403 0.347 98.604 0.437
201406 0.338 99.473 0.422
201409 0.378 99.394 0.472
201412 0.428 98.367 0.540
201503 0.353 99.789 0.439
201506 0.333 100.500 0.412
201509 0.362 100.421 0.448
201512 0.416 99.947 0.517
201603 0.313 101.054 0.385
201606 0.357 102.002 0.435
201609 0.357 101.765 0.436
201612 0.400 101.449 0.490
201703 0.332 102.634 0.402
201706 0.242 103.029 0.292
201709 0.433 103.345 0.520
201712 0.515 103.345 0.619
201803 0.362 105.004 0.428
201806 0.429 105.557 0.505
201809 0.502 105.636 0.590
201812 0.541 105.399 0.638
201903 0.422 106.979 0.490
201906 0.554 107.690 0.639
201909 0.458 107.611 0.529
201912 0.539 107.769 0.621
202003 0.371 107.927 0.427
202006 -0.038 108.401 -0.044
202009 0.495 108.164 0.568
202012 0.812 108.559 0.929
202103 0.273 110.298 0.307
202106 0.446 111.720 0.496
202109 0.443 112.905 0.487
202112 0.563 113.774 0.615
202203 0.390 117.646 0.412
202206 0.605 120.806 0.622
202209 0.497 120.648 0.512
202212 0.603 120.964 0.619
202303 0.104 122.702 0.105
202306 0.433 124.203 0.433

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


A&W Revenue Royaltiesome Fund  (OTCPK:AWRRF) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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 Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=21.76/1.77
=12.29

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of A&W Revenue Royaltiesome Fund was 30.44. The lowest was 11.49. And the median was 19.60.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


A&W Revenue Royaltiesome Fund Cyclically Adjusted FCF per Share Related Terms

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


A&W Revenue Royaltiesome Fund (A&W Revenue Royaltiesome Fund) 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.