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InterContinental Hotels Group (BSP:I1HG34) Cyclically Adjusted Price-to-FCF : 38.70 (As of May. 16, 2024)


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What is InterContinental Hotels Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), InterContinental Hotels Group's current share price is R$75.46. InterContinental Hotels Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was R$1.95. InterContinental Hotels Group's Cyclically Adjusted Price-to-FCF for today is 38.70.

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

BSP:I1HG34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.43   Med: 30.52   Max: 39.6
Current: 35.41

During the past 13 years, InterContinental Hotels Group's highest Cyclically Adjusted Price-to-FCF was 39.60. The lowest was 17.43. And the median was 30.52.

BSP:I1HG34's Cyclically Adjusted Price-to-FCF is ranked worse than
67.43% of 350 companies
in the Travel & Leisure industry
Industry Median: 21.75 vs BSP:I1HG34: 35.41

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.

InterContinental Hotels Group's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was R$23.375. 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 R$1.95 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


InterContinental Hotels Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for InterContinental Hotels Group'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.

InterContinental Hotels Group Cyclically Adjusted Price-to-FCF Chart

InterContinental Hotels Group 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 32.88 31.79 29.07 24.85 32.11

InterContinental Hotels Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 29.07 - 24.85 - 32.11

Competitive Comparison of InterContinental Hotels Group's Cyclically Adjusted Price-to-FCF

For the Lodging subindustry, InterContinental Hotels Group'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.


InterContinental Hotels Group's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

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



InterContinental Hotels Group 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.

InterContinental Hotels Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=75.46/1.95
=38.70

* 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.

InterContinental Hotels Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, InterContinental Hotels Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=23.375/130.5000*130.5000
=23.375

Current CPI (Dec23) = 130.5000.

InterContinental Hotels Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 4.141 99.900 5.409
201512 7.691 100.400 9.997
201612 8.958 102.200 11.439
201712 6.794 105.000 8.444
201812 11.145 107.100 13.580
201912 10.574 108.500 12.718
202012 1.724 109.400 2.057
202112 17.948 114.700 20.420
202212 15.765 125.300 16.419
202312 23.375 130.500 23.375

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.


InterContinental Hotels Group  (BSP:I1HG34) 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.


InterContinental Hotels Group Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of InterContinental Hotels Group's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


InterContinental Hotels Group (BSP:I1HG34) Business Description

Traded in Other Exchanges
Address
1 Windsor Dials, Arthur Road, Windsor, Berkshire, GBR, SL4 1RS
InterContinental Hotels Group operates 930,000 rooms across 18 brands addressing the midscale through luxury segments, as of Sept. 30, 2023. Holiday Inn and Holiday Inn Express constitute the largest brand, while Hotel Indigo, Even, Hualuxe, Kimpton, and Voco are newer lifestyle brands experiencing strong demand. The company launched a midscale brand, Avid, in summer 2017 and closed on a 51% stake in Regent Hotels in July 2018. It acquired Six Senses in February 2019 and launched another midscale brand, Garner, in 2023. Managed and franchised represent 99% of total rooms. As of Sept. 30, 2023, the Americas represents 56% of total rooms, with greater China accounting for 18%; Europe, Asia, the Middle East, and Africa make up 26%.

InterContinental Hotels Group (BSP:I1HG34) Headlines

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