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Golden Entertainment (Golden Entertainment) Cyclically Adjusted FCF per Share : $1.57 (As of Mar. 2024)


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What is Golden 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.

Golden Entertainment's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.311. 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 $1.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Golden Entertainment's average Cyclically Adjusted FCF Growth Rate was 14.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 110.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 52.60% 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 Golden Entertainment was 110.90% per year. The lowest was -36.50% per year. And the median was 18.20% per year.

As of today (2024-06-04), Golden Entertainment's current stock price is $29.85. Golden Entertainment's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.57. Golden Entertainment's Cyclically Adjusted Price-to-FCF of today is 19.01.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Golden Entertainment was 1694.50. The lowest was 17.18. And the median was 52.86.


Golden Entertainment Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Golden 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.

Golden Entertainment Cyclically Adjusted FCF per Share Chart

Golden 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 0.22 0.16 0.89 1.18 1.50

Golden 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 1.37 1.52 1.54 1.50 1.57

Competitive Comparison of Golden Entertainment's Cyclically Adjusted FCF per Share

For the Resorts & Casinos subindustry, Golden 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.


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

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

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



Golden 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, Golden 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)
=0.311/131.7762*131.7762
=0.311

Current CPI (Mar. 2024) = 131.7762.

Golden Entertainment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.079 100.560 -0.104
201409 -0.193 100.428 -0.253
201412 0.130 99.070 0.173
201503 -0.158 99.621 -0.209
201506 -0.072 100.684 -0.094
201509 -0.029 100.392 -0.038
201512 0.228 99.792 0.301
201603 0.102 100.470 0.134
201606 -0.118 101.688 -0.153
201609 0.174 101.861 0.225
201612 0.140 101.863 0.181
201703 0.221 102.862 0.283
201706 0.466 103.349 0.594
201709 -0.101 104.136 -0.128
201712 -0.813 104.011 -1.030
201803 0.671 105.290 0.840
201806 0.335 106.317 0.415
201809 -0.205 106.507 -0.254
201812 0.163 105.998 0.203
201903 -0.012 107.251 -0.015
201906 0.305 108.070 0.372
201909 0.313 108.329 0.381
201912 -0.366 108.420 -0.445
202003 -0.264 108.902 -0.319
202006 -0.901 108.767 -1.092
202009 0.920 109.815 1.104
202012 0.249 109.897 0.299
202103 1.556 111.754 1.835
202106 1.917 114.631 2.204
202109 3.784 115.734 4.308
202112 1.123 117.630 1.258
202203 1.017 121.301 1.105
202206 1.180 125.017 1.244
202209 0.763 125.227 0.803
202212 0.160 125.222 0.168
202303 0.954 127.348 0.987
202306 0.568 128.729 0.581
202309 0.314 129.860 0.319
202312 -0.764 129.419 -0.778
202403 0.311 131.776 0.311

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


Golden Entertainment  (NAS:GDEN) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=29.85/1.57
=19.01

* 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 Golden Entertainment was 1694.50. The lowest was 17.18. And the median was 52.86.


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.


Golden Entertainment Cyclically Adjusted FCF per Share Related Terms

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


Golden Entertainment (Golden Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
6595 S Jones Boulevard, Las Vegas, NV, USA, 89118
Golden Entertainment Inc is a us-based company that focuses on distributed gaming, casino, and resort operations. Its reportable segments are Nevada Casino Resorts, Nevada Locals Casinos, Maryland Casino Resort, and Distributed Gaming. It derives key revenue from the Nevada Casino Resorts and Distributed Gaming segments. Nevada Casino Resorts is comprised of destination casino resort properties offering a variety of food and beverage outlets, entertainment venues, and other amenities. Distributed Gaming segment is comprised of the operation of slot machines and amusement devices in non-casino locations across Nevada and Montana, with a limited number of slot machines in each location, as well as the operation of branded taverns.
Executives
Charles Protell officer: President and CFO 6595 S JONES BLVD, LAS VEGAS NV 89118
Stephen A Arcana officer: EVP and COO 6595 S JONES BLVD, LAS VEGAS, NV, USA NV 89118
Andy H Chien director C/O MGM GROWTH PROPERTIES LLC, 6385 S. RAINBOW BLVD., SUITE 500, LAS VEGAS NV 89118
Blake L Sartini director, 10 percent owner, officer: Chairman and CEO 6595 S JONES BLVD, LAS VEGAS, NV, USA NV 89118
Terrence Wright director 6595 S JONES BLVD, LAS VEGAS, NV, USA NV 89118
Sartini Blake L Ii officer: SVP of Distributed Gaming C/O GOLDEN ENTERTAINMENT, INC., 6595 S JONES BLVD., LAS VEGAS NV 89118
Marnell Anthony A. Iii director C/O GOLDEN ENTERTAINMENT, INC., 6595 S JONES BLVD, LAS VEGAS NV 89118
Ann D. Dozier director C/O GOLDEN ENTERTAINMENT, INC., 6595 S JONES BLVD, LAS VEGAS, NV, USA NV 89118
Robert L Miodunski director 6601 S BERMUDA RD, LAS VEGAS NV 89119
Lyle Berman director 10275 WAYZATA BOULEVARD, SUITE 100, MINNETONKA MN 55305
Mark A Lipparelli director 6595 S JONES BLVD, LAS VEGAS, NV, USA NV 89118
Thomas Edwin Haas officer: SVP of Accounting C/O GOLDEN ENTERTAINMENT, INC., 6595 S JONES BLVD, LAS VEGAS NV 89118
Sean T Higgins officer: Executive VP and CLO C/O GOLDEN ENTERTAINMENT, INC., 6595 S JONES BLVD., LAS VEGAS NV 89118
Delise F Sartini 10 percent owner 2411 WEST SAHARA AVENUE, LAS VEGAS NV 89102
Blake L. Sartini & Delise F. Sartini Family Trust 10 percent owner 6595 S JONES BLVD, LAS VEGAS NV 89118