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Wingstop (Wingstop) Cyclically Adjusted FCF per Share : $1.37 (As of Mar. 2024)


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What is Wingstop 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.

Wingstop's adjusted free cash flow per share for the three months ended in Mar. 2024 was $1.136. 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 $1.37 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-05-16), Wingstop's current stock price is $388.97. Wingstop's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.37. Wingstop's Cyclically Adjusted Price-to-FCF of today is 283.92.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Wingstop was 286.25. The lowest was 135.70. And the median was 197.31.


Wingstop Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Wingstop'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.

Wingstop Cyclically Adjusted FCF per Share Chart

Wingstop 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 - - - - 1.28

Wingstop Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 1.17 1.23 1.28 1.37

Competitive Comparison of Wingstop's Cyclically Adjusted FCF per Share

For the Restaurants subindustry, Wingstop'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.


Wingstop's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

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

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



Wingstop 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, Wingstop'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)
=1.136/131.7762*131.7762
=1.136

Current CPI (Mar. 2024) = 131.7762.

Wingstop Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.046 100.560 0.060
201409 0.100 100.428 0.131
201412 0.116 99.070 0.154
201503 0.085 99.621 0.112
201506 -0.070 100.684 -0.092
201509 0.208 100.392 0.273
201512 0.186 99.792 0.246
201603 0.261 100.470 0.342
201606 0.051 101.688 0.066
201609 0.193 101.861 0.250
201612 0.179 101.863 0.232
201703 0.237 102.862 0.304
201706 0.079 103.349 0.101
201709 0.298 104.136 0.377
201712 0.232 104.011 0.294
201803 0.306 105.290 0.383
201806 0.244 106.317 0.302
201809 0.389 106.507 0.481
201812 0.238 105.998 0.296
201903 0.302 107.251 0.371
201906 0.003 108.070 0.004
201909 -0.052 108.329 -0.063
201912 0.290 108.420 0.352
202003 0.366 108.902 0.443
202006 0.404 108.767 0.489
202009 0.674 109.815 0.809
202012 0.550 109.897 0.659
202103 0.367 111.754 0.433
202106 0.415 114.631 0.477
202109 0.472 115.734 0.537
202112 -0.558 117.630 -0.625
202203 0.470 121.301 0.511
202206 0.090 125.017 0.095
202209 0.582 125.227 0.612
202212 0.603 125.222 0.635
202303 1.045 127.348 1.081
202306 -0.014 128.729 -0.014
202309 0.821 129.860 0.833
202312 0.858 129.419 0.874
202403 1.136 131.776 1.136

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


Wingstop  (NAS:WING) 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.

Wingstop's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=388.97/1.37
=283.92

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of Wingstop was 286.25. The lowest was 135.70. And the median was 197.31.


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.


Wingstop Cyclically Adjusted FCF per Share Related Terms

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


Wingstop (Wingstop) Business Description

Industry
Traded in Other Exchanges
Address
15505 Wright Brothers Drive, Addison, TX, USA, 75001
Founded in 1994 in Garland, Texas, Wingstop is a restaurant operator specializing in indulgent bone-in and boneless chicken wings, chicken tenders, fries, and recently chicken sandwiches. The firm's footprint has grown quickly since its inception, reaching nearly 2,000 global stores at the end of 2022, rendering Wingstop the 40th-largest restaurant chain in the U.S. by system sales, according to Technomic data. With a 98% franchised model, Wingstop generates the lion share of its revenue from franchise royalties and advertising fees, with the remainder derived from a small footprint of company-owned stores.
Executives
Donnie Upshaw officer: Senior Vice President, People 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75420
Anne C Fischer officer: SVP, Chief Growth Officer C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Wesley S Mcdonald director
Michael Skipworth officer: Corporate Controller 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Raj Kapoor officer: SVP, Pres. of International C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Krishnan Anand director 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Marisa Carona officer: VP Strategy & Chief of Staff 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75420
Stacy Peterson officer: Chief Information Officer 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Albert G Mcgrath officer: See Remarks C/O FOGO DE CHAO, INC., 14881 QUORUM DRIVE, SUITE 750, DALLAS TX 75254
Craig M Sherwood officer: SVP, U.S. Development C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Ania Smith director C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Alex Kaleida officer: SVP, Chief Financial Officer C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DR, ADDISON TX 75001
Nicolas Boudet officer: See Remarks 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Charles R Morrison director, officer: President and CEO 3551 PLANO PKWY, THE COLONY TX 75056
Mahesh Sadarangani officer: See remarks 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240