GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » United Parks & Resorts Inc (NYSE:PRKS) » Definitions » Cyclically Adjusted Price-to-FCF

United Parks & Resorts (United Parks & Resorts) Cyclically Adjusted Price-to-FCF : 25.78 (As of Apr. 28, 2024)


View and export this data going back to 2013. Start your Free Trial

What is United Parks & Resorts Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), United Parks & Resorts's current share price is $50.78. United Parks & Resorts's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.97. United Parks & Resorts's Cyclically Adjusted Price-to-FCF for today is 25.78.

The historical rank and industry rank for United Parks & Resorts's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

PRKS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.88   Med: 32.96   Max: 75.33
Current: 25.82

During the past years, United Parks & Resorts's highest Cyclically Adjusted Price-to-FCF was 75.33. The lowest was 21.88. And the median was 32.96.

PRKS's Cyclically Adjusted Price-to-FCF is ranked worse than
55.52% of 344 companies
in the Travel & Leisure industry
Industry Median: 21.485 vs PRKS: 25.82

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.

United Parks & Resorts's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.554. 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 $1.97 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Parks & Resorts Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for United Parks & Resorts'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.

United Parks & Resorts Cyclically Adjusted Price-to-FCF Chart

United Parks & Resorts 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 - - 49.42 30.20 26.86

United Parks & Resorts Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 30.20 34.38 28.80 24.62 26.86

Competitive Comparison of United Parks & Resorts's Cyclically Adjusted Price-to-FCF

For the Leisure subindustry, United Parks & Resorts'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.


United Parks & Resorts's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where United Parks & Resorts's Cyclically Adjusted Price-to-FCF falls into.



United Parks & Resorts 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.

United Parks & Resorts's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=50.78/1.97
=25.78

* 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.

United Parks & Resorts's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, United Parks & Resorts's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.554/129.4194*129.4194
=0.554

Current CPI (Dec. 2023) = 129.4194.

United Parks & Resorts Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.382 99.695 -0.496
201406 0.843 100.560 1.085
201409 1.213 100.428 1.563
201412 -0.463 99.070 -0.605
201503 -0.035 99.621 -0.045
201506 0.713 100.684 0.916
201509 1.211 100.392 1.561
201512 -0.398 99.792 -0.516
201603 -0.186 100.470 -0.240
201606 0.283 101.688 0.360
201609 1.344 101.861 1.708
201612 -0.041 101.863 -0.052
201703 -0.599 102.862 -0.754
201706 0.423 103.349 0.530
201709 0.730 104.136 0.907
201712 -0.328 104.011 -0.408
201803 -0.296 105.290 -0.364
201806 0.632 106.317 0.769
201809 1.110 106.507 1.349
201812 -0.143 105.998 -0.175
201903 -0.123 107.251 -0.148
201906 0.790 108.070 0.946
201909 1.347 108.329 1.609
201912 -0.096 108.420 -0.115
202003 -1.151 108.902 -1.368
202006 -0.410 108.767 -0.488
202009 -0.785 109.815 -0.925
202012 -0.594 109.897 -0.700
202103 0.039 111.754 0.045
202106 2.495 114.631 2.817
202109 1.748 115.734 1.955
202112 0.401 117.630 0.441
202203 0.472 121.301 0.504
202206 2.257 125.017 2.336
202209 1.769 125.227 1.828
202212 0.707 125.222 0.731
202303 -0.304 127.348 -0.309
202306 1.690 128.729 1.699
202309 1.165 129.860 1.161
202312 0.554 129.419 0.554

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.


United Parks & Resorts  (NYSE:PRKS) 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.


United Parks & Resorts Cyclically Adjusted Price-to-FCF Related Terms

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


United Parks & Resorts (United Parks & Resorts) Business Description

Traded in Other Exchanges
N/A
Address
6240 Sea Harbor Drive, Orlando, FL, USA, 32821
SeaWorld Entertainment Inc operates in the United States leisure industry. Its core business is the operation of theme parks and such entertainment facilities involving sea animals across the country under prominent brands such as SeaWorld, Sea Rescue, and Busch Gardens. Seaworld also operates a reservations-only attraction offering interaction with marine animals known as Discovery Cove and a seasonal park under the name Sesame Place. The company generates most of its revenue from selling admission to the theme parks.
Executives
Kyle Robert Miller officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Shekufeh Boyle officer: Chief Accounting Officer 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Swanson Marc officer: Chief Accounting Officer C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821
George Anthony Taylor officer: See Remarks C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
William Gray director 355 MAPLE AVENUE, HARLEYSVILLE PA 19438
Byron Surrett officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Christopher Dold officer: Chief Zoological Officer C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
Forrester James W Jr officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Christopher L. Finazzo officer: Chief Commercial Officer C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821
Michelle F Adams officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
James Clark Hughes officer: Chief Human Resources Officer 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Daniel C Mayer officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Timothy Hartnett director 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Elizabeth Gulacsy officer: Chief Accounting Officer C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
Sharon P Nadeau officer: Chief Human Resources Officer 6240 SEA HARBOR DR, ORLANDO FL 32821