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MCRI (Monarch Casino & Resort) Cyclically Adjusted FCF per Share : $0.71 (As of Jun. 2024)


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What is Monarch Casino & Resort 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.

Monarch Casino & Resort's adjusted free cash flow per share for the three months ended in Jun. 2024 was $0.574. 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 $0.71 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Monarch Casino & Resort's average Cyclically Adjusted FCF Growth Rate was 108.80% 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 Monarch Casino & Resort was 96.60% per year. The lowest was -19.60% per year. And the median was 3.50% per year.

As of today (2024-09-20), Monarch Casino & Resort's current stock price is $76.34. Monarch Casino & Resort's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was $0.71. Monarch Casino & Resort's Cyclically Adjusted Price-to-FCF of today is 107.52.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Monarch Casino & Resort was 8308.00. The lowest was 15.09. And the median was 104.26.


Monarch Casino & Resort Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Monarch Casino & Resort'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.

Monarch Casino & Resort Cyclically Adjusted FCF per Share Chart

Monarch Casino & Resort 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 -0.13 -0.58 -0.26 0.11 0.57

Monarch Casino & Resort Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.34 0.48 0.57 0.66 0.71

Competitive Comparison of Monarch Casino & Resort's Cyclically Adjusted FCF per Share

For the Resorts & Casinos subindustry, Monarch Casino & Resort'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.


Monarch Casino & Resort's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Monarch Casino & Resort's Cyclically Adjusted Price-to-FCF falls into.



Monarch Casino & Resort 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, Monarch Casino & Resort's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.574/132.5538*132.5538
=0.574

Current CPI (Jun. 2024) = 132.5538.

Monarch Casino & Resort Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.303 100.428 0.400
201412 -0.014 99.070 -0.019
201503 0.027 99.621 0.036
201506 -0.044 100.684 -0.058
201509 0.125 100.392 0.165
201512 -0.074 99.792 -0.098
201603 0.105 100.470 0.139
201606 0.027 101.688 0.035
201609 0.408 101.861 0.531
201612 0.453 101.863 0.589
201703 -0.107 102.862 -0.138
201706 -0.012 103.349 -0.015
201709 0.019 104.136 0.024
201712 0.067 104.011 0.085
201803 -0.277 105.290 -0.349
201806 -1.140 106.317 -1.421
201809 -1.629 106.507 -2.027
201812 -1.165 105.998 -1.457
201903 -1.329 107.251 -1.643
201906 -1.010 108.070 -1.239
201909 -0.790 108.329 -0.967
201912 -0.200 108.420 -0.245
202003 -0.970 108.902 -1.181
202006 -0.543 108.767 -0.662
202009 0.913 109.815 1.102
202012 -2.430 109.897 -2.931
202103 0.800 111.754 0.949
202106 1.416 114.631 1.637
202109 1.353 115.734 1.550
202112 0.609 117.630 0.686
202203 1.053 121.301 1.151
202206 0.679 125.017 0.720
202209 2.094 125.227 2.217
202212 1.300 125.222 1.376
202303 2.379 127.348 2.476
202306 0.915 128.729 0.942
202309 1.914 129.860 1.954
202312 1.113 129.419 1.140
202403 1.051 131.776 1.057
202406 0.574 132.554 0.574

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


Monarch Casino & Resort  (NAS:MCRI) 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.

Monarch Casino & Resort's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=76.34/0.71
=107.52

* 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 Monarch Casino & Resort was 8308.00. The lowest was 15.09. And the median was 104.26.


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.


Monarch Casino & Resort Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Monarch Casino & Resort's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Monarch Casino & Resort Business Description

Traded in Other Exchanges
Address
3800 South Virginia Street, Reno, NV, USA, 89502
Monarch Casino & Resort Inc is engaged in providing the latest gaming, dining, and hospitality amenities. It owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada, and the Monarch Black Hawk Casino in Black Hawk. The company generates the majority of its revenue from Casinos, followed by Food & Beverage and Hotel Operations.
Executives
John Farahi director, 10 percent owner, officer: Co-Chairman and CEO MONARCH CASINO & RESORT INC, 1175 MOANA LANE SUITE 200, RENO NV 89509
Bob Farahi director, 10 percent owner, officer: Co-Chairman and President MONARCH CASINO & RESORT INC, 3800 S. VIRGINIA STREET, RENO NV 89502
David-jacques Farahi officer: Chief Operating Officer 3800 S. VIRGINIA STREET, RENO NV 89502
Edwin S. Koenig officer: CAO 3800 S. VIRGINIA STREET, RENO NV 89502
Ben Farahi 10 percent owner 3652 SOUTH VIRGINIA ST., SUITE C7, RENO NV 89502
Craig F Sullivan director
Richard L. Cooley officer: Vice President of Finance 3800 S. VIRGINIA STREET, RENO NV 89502
Ronald Rowan officer: Chief Financial Officer 3800 S. VIRGINIA STREET, EXECUTIVE OFFICES, RENO NV 89502
Paul Andrews director 3800 S. VIRGINIA STREET, RENO NV 89502
Yvette Landau director
Ronald R Zideck director
Charles W Scharer director C/O GAMETECH INTERNATIONAL INC, 900 SANDHILL ROAD, RENO NV 89521

Monarch Casino & Resort Headlines

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