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Viad (FRA:DIL1) Cyclically Adjusted FCF per Share : €-0.13 (As of Mar. 2024)


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What is Viad 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.

Viad's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-1.237. 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 €-0.13 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -40.20% 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 Viad was 33.10% per year. The lowest was -69.00% per year. And the median was -3.40% per year.

As of today (2024-05-20), Viad's current stock price is €32.60. Viad's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-0.13. Viad's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Viad was 1426.33. The lowest was 8.75. And the median was 42.36.


Viad Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Viad'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.

Viad Cyclically Adjusted FCF per Share Chart

Viad 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 1.24 0.43 0.03 -0.19 0.11

Viad 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 -0.11 -0.02 0.08 0.11 -0.13

Competitive Comparison of Viad's Cyclically Adjusted FCF per Share

For the Specialty Business Services subindustry, Viad'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.


Viad's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Viad's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Viad 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, Viad'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)
=-1.237/131.7762*131.7762
=-1.237

Current CPI (Mar. 2024) = 131.7762.

Viad Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.179 100.560 -0.235
201409 1.764 100.428 2.315
201412 -1.273 99.070 -1.693
201503 0.607 99.621 0.803
201506 0.533 100.684 0.698
201509 1.447 100.392 1.899
201512 -1.228 99.792 -1.622
201603 0.438 100.470 0.574
201606 1.063 101.688 1.378
201609 2.163 101.861 2.798
201612 -1.513 101.863 -1.957
201703 0.808 102.862 1.035
201706 0.619 103.349 0.789
201709 1.782 104.136 2.255
201712 -0.807 104.011 -1.022
201803 -1.204 105.290 -1.507
201806 0.755 106.317 0.936
201809 2.043 106.507 2.528
201812 -1.270 105.998 -1.579
201903 -0.508 107.251 -0.624
201906 0.198 108.070 0.241
201909 2.112 108.329 2.569
201912 -0.366 108.420 -0.445
202003 -1.252 108.902 -1.515
202006 -1.564 108.767 -1.895
202009 -0.832 109.815 -0.998
202012 -2.032 109.897 -2.437
202103 -1.736 111.754 -2.047
202106 -0.904 114.631 -1.039
202109 0.673 115.734 0.766
202112 -2.072 117.630 -2.321
202203 0.237 121.301 0.257
202206 0.321 125.017 0.338
202209 1.854 125.227 1.951
202212 -2.007 125.222 -2.112
202303 -0.059 127.348 -0.061
202306 0.349 128.729 0.357
202309 2.443 129.860 2.479
202312 -1.430 129.419 -1.456
202403 -1.237 131.776 -1.237

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


Viad  (FRA:DIL1) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Viad was 1426.33. The lowest was 8.75. And the median was 42.36.


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.


Viad Cyclically Adjusted FCF per Share Related Terms

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


Viad (FRA:DIL1) Business Description

Industry
Traded in Other Exchanges
Address
7000 East 1st Avenue, Scottsdale, AZ, USA, 85251-4304
Viad Corp is a marketing company engaged in providing extraordinary experiences, including hospitality and leisure activities, experiential marketing, and live events. It has three segments; Pursuit includes a collection of inspiring and unforgettable travel experiences that includes recreational attractions, hotels and lodges, food and beverage, retail, sightseeing, and ground transportation services, Spiro includes a marketing agency that partners with brands around the world to manage and elevate their experiential marketing activities, and GES Exhibitions is an exhibition services company that partners with exhibition and conference organizers as a full-service provider of strategic and logistics solutions to manage the complexity of their shows.

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