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Rave Restaurant Group (Rave Restaurant Group) Cyclically Adjusted FCF per Share : $-0.21 (As of Mar. 2024)


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What is Rave Restaurant Group 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.

Rave Restaurant Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.068. 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 $-0.21 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 0.30% 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 Rave Restaurant Group was 5.00% per year. The lowest was -53.30% per year. And the median was -17.30% per year.

As of today (2024-05-26), Rave Restaurant Group's current stock price is $1.91. Rave Restaurant Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-0.21. Rave Restaurant Group's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Rave Restaurant Group was 731.00. The lowest was 149.00. And the median was 628.50.


Rave Restaurant Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Rave Restaurant Group'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.

Rave Restaurant Group Cyclically Adjusted FCF per Share Chart

Rave Restaurant Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.26 -0.28 -0.28 -0.27 -0.24

Rave Restaurant Group 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 -0.26 -0.24 -0.23 -0.22 -0.21

Competitive Comparison of Rave Restaurant Group's Cyclically Adjusted FCF per Share

For the Restaurants subindustry, Rave Restaurant Group'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.


Rave Restaurant Group's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

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

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



Rave Restaurant Group 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, Rave Restaurant Group'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)
=0.068/131.7762*131.7762
=0.068

Current CPI (Mar. 2024) = 131.7762.

Rave Restaurant Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.043 100.560 0.056
201409 -0.120 100.428 -0.157
201412 -0.030 99.070 -0.040
201503 0.036 99.621 0.048
201506 -0.304 100.684 -0.398
201509 -0.239 100.392 -0.314
201512 -0.187 99.792 -0.247
201603 -0.043 100.470 -0.056
201606 -0.061 101.688 -0.079
201609 -0.156 101.861 -0.202
201612 -0.021 101.863 -0.027
201703 -0.134 102.862 -0.172
201706 -0.266 103.349 -0.339
201709 -0.127 104.136 -0.161
201712 -0.173 104.011 -0.219
201803 -0.095 105.290 -0.119
201806 0.017 106.317 0.021
201809 0.036 106.507 0.045
201812 -0.015 105.998 -0.019
201903 0.000 107.251 0.000
201906 0.015 108.070 0.018
201909 0.007 108.329 0.009
201912 -0.032 108.420 -0.039
202003 -0.030 108.902 -0.036
202006 0.029 108.767 0.035
202009 -0.002 109.815 -0.002
202012 -0.016 109.897 -0.019
202103 -0.003 111.754 -0.004
202106 0.084 114.631 0.097
202109 -0.020 115.734 -0.023
202112 0.019 117.630 0.021
202203 0.026 121.301 0.028
202206 0.043 125.017 0.045
202209 0.065 125.227 0.068
202212 -0.026 125.222 -0.027
202303 0.028 127.348 0.029
202306 0.081 128.729 0.083
202309 0.041 129.860 0.042
202312 -0.024 129.419 -0.024
202403 0.068 131.776 0.068

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


Rave Restaurant Group  (NAS:RAVE) 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 Rave Restaurant Group was 731.00. The lowest was 149.00. And the median was 628.50.


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.


Rave Restaurant Group Cyclically Adjusted FCF per Share Related Terms

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


Rave Restaurant Group (Rave Restaurant Group) Business Description

Traded in Other Exchanges
N/A
Address
3551 Plano Parkway, The Colony, TX, USA, 75056
Rave Restaurant Group Inc operates and franchises pizza buffet, delivery/carry-out, and express restaurants. It operates restaurants under the brand name, Pizza Inn, and Pie Five Pizza Company. It has three operating segments. The Pizza Inn and Pie Five Franchising segments establish franchisees, licensees, and territorial rights. The company-owned restaurant segment includes sales and operating results for all company-owned restaurants. The Pizza Inn Franchising segment accounts for the company's revenue. Geographically, it generates the majority of the revenue from the United States.
Executives
Hallmark Insurance Co other: See Note 1 777 MAIN STREET, SUITE 1000, FORT WORTH TX 76102
Hallmark Specialty Insurance Co other: See Note 1 777 MAIN STREET, SUITE 1000, FORT WORTH TX 76102
American Hallmark Insurance Co Of Texas other: See Explanation 777 MAIN STREET, SUITE 1000, FORT WORTH TX 76102
Brandon Solano officer: Chief Executive Officer 3551 PLANO PARKWAY, THE COLONY TX 75056
Mark E Schwarz director, 10 percent owner 5420 LYNDON B. JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240
Clinton Dayne Fendley officer: Vice President - Finance 3551 PLANO PARKWAY, THE COLONY TX 75056
Burns Michael F Jr officer: Chief Operating Officer 3551 PLANO PARKWAY, THE COLONY TX 75056
Andrea K. Allen officer: Chief Acctg. & Admin. Officer 3551 PLANO PARKWAY, THE COLONY TX 75056
Robert W. Bafundo officer: President 3551 PLANO PARKWAY, THE COLONY TX 75056
Scott Crane officer: President & CEO 3551 PLANO PARKWAY, THE COLONY TX 75056
Brian Timothy Bares director 12600 HILL COUNTRY BLVD, SUITE R-230, AUSTIN TX 78738
Timothy E Mullany officer: Chief Financial Officer 3551 PLANO PARKWAY, THE COLONY TX 75056
Hammett William C Jr director CAMPBELL CENTRE, 8350 N CENTRAL EXPRESSWAY STE 1900, DALLAS TX 75206
Randall E. Gier officer: President & CEO 3551 PLANO PARKWAY, THE COLONY TX 75056
Clinton J Coleman director C/O NEWCASTLE CAPITAL MANAGEMENT, L.P., 200 CRESCENT COURT, SUITE 1400, DALLAS TX 75201

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