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Six Flags Entertainment (BSP:S2IX34) Cyclically Adjusted FCF per Share : R$4.60 (As of Mar. 2024)


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What is Six Flags Entertainment 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.

Six Flags Entertainment's adjusted free cash flow per share for the three months ended in Mar. 2024 was R$-1.335. 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 R$4.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Six Flags Entertainment's average Cyclically Adjusted FCF Growth Rate was -3.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 0.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 17.60% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Six Flags Entertainment was 90.80% per year. The lowest was -1.50% per year. And the median was 27.20% per year.

As of today (2024-05-26), Six Flags Entertainment's current stock price is R$46.50. Six Flags Entertainment's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$4.60. Six Flags Entertainment's Cyclically Adjusted Price-to-FCF of today is 10.11.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Six Flags Entertainment was 316.92. The lowest was 3.77. And the median was 24.00.


Six Flags Entertainment Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Six Flags Entertainment'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.

Six Flags Entertainment Cyclically Adjusted FCF per Share Chart

Six Flags Entertainment 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 - - - - 4.39

Six Flags Entertainment 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 - - 5.02 4.39 4.60

Competitive Comparison of Six Flags Entertainment's Cyclically Adjusted FCF per Share

For the Leisure subindustry, Six Flags Entertainment'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.


Six Flags Entertainment's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

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



Six Flags Entertainment 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, Six Flags Entertainment'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)
=-1.335/131.7762*131.7762
=-1.335

Current CPI (Mar. 2024) = 131.7762.

Six Flags Entertainment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.035 100.560 1.356
201409 1.585 100.428 2.080
201412 0.448 99.070 0.596
201503 -0.966 99.621 -1.278
201506 1.717 100.684 2.247
201509 2.967 100.392 3.895
201512 0.828 99.792 1.093
201603 -1.280 100.470 -1.679
201606 1.835 101.688 2.378
201609 2.486 101.861 3.216
201612 0.722 101.863 0.934
201703 -1.283 102.862 -1.644
201706 1.829 103.349 2.332
201709 2.765 104.136 3.499
201712 0.599 104.011 0.759
201803 -0.845 105.290 -1.058
201806 1.617 106.317 2.004
201809 2.973 106.507 3.678
201812 0.725 105.998 0.901
201903 -1.353 107.251 -1.662
201906 1.792 108.070 2.185
201909 3.032 108.329 3.688
201912 0.796 108.420 0.967
202003 -2.190 108.902 -2.650
202006 -1.480 108.767 -1.793
202009 -1.286 109.815 -1.543
202012 -0.904 109.897 -1.084
202103 -2.282 111.754 -2.691
202106 3.683 114.631 4.234
202109 3.167 115.734 3.606
202112 -0.678 117.630 -0.760
202203 -1.689 121.301 -1.835
202206 1.816 125.017 1.914
202209 2.346 125.227 2.469
202212 0.770 125.222 0.810
202303 -1.706 127.348 -1.765
202306 1.897 128.729 1.942
202309 2.366 129.860 2.401
202312 -0.990 129.419 -1.008
202403 -1.335 131.776 -1.335

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


Six Flags Entertainment  (BSP:S2IX34) 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.

Six Flags Entertainment's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=46.50/4.6
=10.11

* 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 13 years, the highest Cyclically Adjusted Price-to-FCF of Six Flags Entertainment was 316.92. The lowest was 3.77. And the median was 24.00.


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.


Six Flags Entertainment Cyclically Adjusted FCF per Share Related Terms

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


Six Flags Entertainment (BSP:S2IX34) Business Description

Traded in Other Exchanges
Address
1000 Ballpark Way, Suite 400, Arlington, TX, USA, 76011
Six Flags Entertainment Corp owns and operate regional theme parks and water parks. The company operates around 27 theme parks and waterparks, 24 are located in the United States, two are located in Mexico and one is located in Montreal, Canada. The parks generally offer various rides, water attractions, themed areas, concerts, restaurants, game venues, and merchandise outlets.

Six Flags Entertainment (BSP:S2IX34) Headlines

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