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Yelp (BUE:YELP) Cyclically Adjusted FCF per Share : ARS1,100.08 (As of Mar. 2024)


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What is Yelp 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.

Yelp's adjusted free cash flow per share for the three months ended in Mar. 2024 was ARS768.112. 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 ARS1,100.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Yelp's average Cyclically Adjusted FCF Growth Rate was 26.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 33.00% 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 Yelp was 33.00% per year. The lowest was 33.00% per year. And the median was 33.00% per year.

As of today (2024-06-02), Yelp's current stock price is ARS22636.50. Yelp's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ARS1,100.08. Yelp's Cyclically Adjusted Price-to-FCF of today is 20.58.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Yelp was 51.06. The lowest was 17.21. And the median was 26.55.


Yelp Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Yelp'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.

Yelp Cyclically Adjusted FCF per Share Chart

Yelp 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 - 55.22 112.09 244.56 919.62

Yelp 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 321.34 421.78 754.40 919.62 1,100.08

Competitive Comparison of Yelp's Cyclically Adjusted FCF per Share

For the Internet Content & Information subindustry, Yelp'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.


Yelp's Cyclically Adjusted Price-to-FCF Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Yelp's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Yelp 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, Yelp'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)
=768.112/131.7762*131.7762
=768.112

Current CPI (Mar. 2024) = 131.7762.

Yelp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.524 100.560 0.687
201409 0.931 100.428 1.222
201412 -0.133 99.070 -0.177
201503 1.346 99.621 1.780
201506 0.978 100.684 1.280
201509 -0.052 100.392 -0.068
201512 -0.749 99.792 -0.989
201603 2.523 100.470 3.309
201606 2.463 101.688 3.192
201609 4.734 101.861 6.124
201612 7.301 101.863 9.445
201703 6.676 102.862 8.553
201706 5.759 103.349 7.343
201709 8.742 104.136 11.062
201712 6.247 104.011 7.915
201803 5.452 105.290 6.824
201806 3.688 106.317 4.571
201809 19.244 106.507 23.810
201812 14.314 105.998 17.795
201903 14.719 107.251 18.085
201906 26.509 108.070 32.324
201909 30.869 108.329 37.550
201912 38.761 108.420 47.111
202003 29.264 108.902 35.411
202006 6.157 108.767 7.459
202009 64.701 109.815 77.640
202012 37.403 109.897 44.850
202103 63.361 111.754 74.713
202106 51.447 114.631 59.142
202109 63.544 115.734 72.352
202112 49.864 117.630 55.861
202203 79.836 121.301 86.730
202206 17.292 125.017 18.227
202209 122.389 125.227 128.790
202212 74.990 125.222 78.915
202303 188.793 127.348 195.358
202306 136.013 128.729 139.233
202309 471.709 129.860 478.671
202312 349.300 129.419 355.661
202403 768.112 131.776 768.112

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


Yelp  (BUE:YELP) 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.

Yelp's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=22636.50/1100.08
=20.58

* 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 Yelp was 51.06. The lowest was 17.21. And the median was 26.55.


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.


Yelp Cyclically Adjusted FCF per Share Related Terms

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


Yelp (BUE:YELP) Business Description

Industry
Traded in Other Exchanges
Address
350 Mission Street, 10th Floor, San Francisco, CA, USA, 94105
Yelp Inc operates in the online content market based in the United States. It provides a web-based platform and mobile application to bridge the gap between businesses and consumers. The platform assists consumers through product reviews, tips, photos and videos thereby enabling them in making better buying decisions and posting their feedbacks. Its products and services includes Advertising Products and Business Page Products. In addition, it also lets the buyers directly transact with businesses directly through its platform. Yelp generates revenue mainly from the sale of advertising on its website and mobile app to businesses. The company generates majority of the revenue from United States.