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Yum Brands (Yum Brands) Cyclically Adjusted Price-to-FCF : 39.38 (As of Apr. 27, 2024)


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What is Yum Brands Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Yum Brands's current share price is $141.77. Yum Brands's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.60. Yum Brands's Cyclically Adjusted Price-to-FCF for today is 39.38.

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

YUM' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.69   Med: 36.25   Max: 49.06
Current: 39.43

During the past years, Yum Brands's highest Cyclically Adjusted Price-to-FCF was 49.06. The lowest was 22.69. And the median was 36.25.

YUM's Cyclically Adjusted Price-to-FCF is ranked worse than
83.9% of 118 companies
in the Restaurants industry
Industry Median: 15.395 vs YUM: 39.43

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.

Yum Brands's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.213. 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 $3.60 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yum Brands Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Yum Brands'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.

Yum Brands Cyclically Adjusted Price-to-FCF Chart

Yum Brands 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 39.30 40.45 45.41 38.47 36.34

Yum Brands 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 38.47 38.38 39.07 35.15 36.34

Competitive Comparison of Yum Brands's Cyclically Adjusted Price-to-FCF

For the Restaurants subindustry, Yum Brands'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.


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

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

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



Yum Brands 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.

Yum Brands's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=141.77/3.6
=39.38

* 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.

Yum Brands's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Yum Brands'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)
=1.213/129.4194*129.4194
=1.213

Current CPI (Dec. 2023) = 129.4194.

Yum Brands Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.873 99.695 1.133
201406 0.611 100.560 0.786
201409 0.622 100.428 0.802
201412 -0.555 99.070 -0.725
201503 0.648 99.621 0.842
201506 0.571 100.684 0.734
201509 1.423 100.392 1.834
201512 -0.817 99.792 -1.060
201603 0.544 100.470 0.701
201606 0.414 101.688 0.527
201609 0.615 101.861 0.781
201612 0.478 101.863 0.607
201703 0.582 102.862 0.732
201706 0.215 103.349 0.269
201709 0.569 104.136 0.707
201712 0.642 104.011 0.799
201803 0.432 105.290 0.531
201806 0.450 106.317 0.548
201809 1.086 106.507 1.320
201812 0.916 105.998 1.118
201903 0.813 107.251 0.981
201906 0.411 108.070 0.492
201909 1.243 108.329 1.485
201912 1.113 108.420 1.329
202003 0.661 108.902 0.786
202006 0.300 108.767 0.357
202009 1.495 109.815 1.762
202012 1.274 109.897 1.500
202103 0.915 111.754 1.060
202106 1.349 114.631 1.523
202109 1.540 115.734 1.722
202112 1.088 117.630 1.197
202203 0.718 121.301 0.766
202206 0.738 125.017 0.764
202209 1.356 125.227 1.401
202212 1.153 125.222 1.192
202303 1.007 127.348 1.023
202306 0.941 128.729 0.946
202309 1.469 129.860 1.464
202312 1.213 129.419 1.213

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.


Yum Brands  (NYSE:YUM) 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.


Yum Brands Cyclically Adjusted Price-to-FCF Related Terms

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


Yum Brands (Yum Brands) Business Description

Industry
Address
1441 Gardiner Lane, Louisville, KY, USA, 40213
Yum Brands is a U.S.-based restaurant operator featuring a portfolio of four brands: KFC (27,760 global units at year-end 2022), Pizza Hut (19,034 units), Taco Bell (8,203 units), and The Habit Burger Grill (346 units). With $59 billion in 2022 systemwide sales, the firm is the second-largest restaurant company in the world behind McDonald's ($116 billion), ahead of Restaurant Brands International ($39 billion) and Starbucks ($27 billion). Yum is 98% franchised, with the largest franchisee, Yum China, spun out in 2016 (after which Yum China agreed to pay 3% royalties to Yum Brands in perpetuity). Yum is the newest evolution of Tricon, formerly a division of PepsiCo, and generates the bulk of its revenue from franchise royalties and marketing contributions.
Executives
David W Gibbs director, officer: Chief Executive Officer 7100 CORPORATE DRIVE, PLANO TX 75024
Mark James King officer: CEO - Taco Bell 1441 GARDINER LANE, LOUISVILLE KY 40213
M. Brett Biggs director 702 SW 8TH STREET, BENTONVILLE AR 72716
Susan Doniz director C/O THE BOEING COMPANY, 100 RIVERSIDE PLAZA, MC 5003-1001, CHICAGO IL 60606-1596
Graddick Weir Mirian M director 2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033
Scott Catlett officer: General Counsel and Corp. Sec. 1441GARDINER LANE, LOUISVILLE KY 40213
Tracy L Skeans officer: Chief People Officer 1441 GARDINER LANE, LOUISVILLE KY 40213
David Eric Russell officer: Vice President, Controller 1441 GARDINER LANE, LOUISVILLE KY 40213
Sabir Sami officer: Chief Executive Officer - KFC 1441 GARDINER LANE, LOUISVILLE KY 40213
Anthony Lowings officer: CEO, KFC Division 1441 GARDINER LANE, LOUISVILLE KY 40213
Aaron Powell officer: CEO - Pizza Hut P.O. BOX 619100, DALLAS TX 75261-9100
Lauren R Hobart director 345 COURT STREET, CORAOPOLIS PA 15275
Greg Creed officer: President Taco Bell 1441 GARDINER LANE, LOUISVILLE KY 40213
Scrivner Annie Young director 2401 UTAH AVE. S. SUITE 800, SEATTLE WA 98134
Keith Barr director BROADWATER PARK, DENHAM, BUCKINGHAMSHIRE X0 UB9 5HR