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Whitbread (LSE:WTB) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


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What is Whitbread Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Whitbread Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Whitbread'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.

Whitbread Cyclically Adjusted Price-to-FCF Chart

Whitbread Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 150.58 353.38 - - -

Whitbread Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 - - - - -

Competitive Comparison of Whitbread's Cyclically Adjusted Price-to-FCF

For the Lodging subindustry, Whitbread'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.


Whitbread's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

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



Whitbread 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.

Whitbread's Cyclically Adjusted FCF per Share for the fiscal year that ended in Feb23 is calculated as:

For example, Whitbread's adjusted Free Cash Flow per Share data for the fiscal year that ended in Feb23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb23 (Change)*Current CPI (Feb23)
=1.386/126.0000*126.0000
=1.386

Current CPI (Feb23) = 126.0000.

Whitbread Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201402 0.585 99.100 0.744
201502 -0.124 99.500 -0.157
201602 -0.673 100.100 -0.847
201702 0.077 102.400 0.095
201802 0.475 104.900 0.571
201902 0.261 106.800 0.308
202002 -0.911 108.600 -1.057
202102 -3.292 109.400 -3.792
202202 1.415 115.400 1.545
202302 1.386 126.000 1.386

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.


Whitbread  (LSE:WTB) 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.


Whitbread Cyclically Adjusted Price-to-FCF Related Terms

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


Whitbread (LSE:WTB) Business Description

Industry
Traded in Other Exchanges
Address
Porz Avenue, Whitbread Court, Houghton Hall Business Park, Dunstable, Bedfordshire, GBR, LU5 5XE
Whitbread PLC owns hotels and restaurants that operate in the United Kingdom. It operates more than 800 hotels under the Premier Inn brand and provides services in relation to accommodation and food both in the UK and internationally. Restaurant brands include Beefeater, Brewers Fayre, Cookhouse & Pub, Bar Block and Others. Geographically the company derives majority of revenue from UK division.

Whitbread (LSE:WTB) Headlines

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