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Yum Brands (BSP:YUMR34) Cyclically Adjusted Price-to-FCF : 39.77 (As of May. 26, 2024)


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What is Yum Brands Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Yum Brands's current share price is R$364.68. Yum Brands's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$9.17. Yum Brands's Cyclically Adjusted Price-to-FCF for today is 39.77.

The historical rank and industry rank for Yum Brands's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:YUMR34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.69   Med: 36.31   Max: 49.06
Current: 37.66

During the past years, Yum Brands's highest Cyclically Adjusted Price-to-FCF was 49.06. The lowest was 22.69. And the median was 36.31.

BSP:YUMR34's Cyclically Adjusted Price-to-FCF is ranked worse than
82.93% of 123 companies
in the Restaurants industry
Industry Median: 15.67 vs BSP:YUMR34: 37.66

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.

Yum Brands's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$2.734. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is R$9.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yum Brands Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Yum Brands's Cyclically Adjusted Price-to-FCF 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.

Yum Brands Cyclically Adjusted Price-to-FCF Chart

Yum Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.30 40.45 45.41 38.47 36.34

Yum Brands Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 38.38 39.07 35.15 36.34 37.94

Competitive Comparison of Yum Brands's Cyclically Adjusted Price-to-FCF

For the Restaurants subindustry, Yum Brands'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.


Yum Brands's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

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

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



Yum Brands Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Yum Brands's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=364.68/9.17
=39.77

* 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.

Yum Brands's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Yum Brands'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)
=2.734/131.7762*131.7762
=2.734

Current CPI (Mar. 2024) = 131.7762.

Yum Brands Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.683 100.560 0.895
201409 0.727 100.428 0.954
201412 -0.733 99.070 -0.975
201503 1.018 99.621 1.347
201506 0.888 100.684 1.162
201509 2.778 100.392 3.646
201512 -1.585 99.792 -2.093
201603 1.006 100.470 1.319
201606 0.709 101.688 0.919
201609 1.001 101.861 1.295
201612 0.802 101.863 1.038
201703 0.911 102.862 1.167
201706 0.354 103.349 0.451
201709 0.892 104.136 1.129
201712 1.057 104.011 1.339
201803 0.709 105.290 0.887
201806 0.849 106.317 1.052
201809 2.231 106.507 2.760
201812 1.778 105.998 2.210
201903 1.561 107.251 1.918
201906 0.792 108.070 0.966
201909 2.560 108.329 3.114
201912 2.284 108.420 2.776
202003 1.615 108.902 1.954
202006 0.777 108.767 0.941
202009 4.037 109.815 4.844
202012 3.276 109.897 3.928
202103 2.577 111.754 3.039
202106 3.391 114.631 3.898
202109 4.064 115.734 4.627
202112 3.076 117.630 3.446
202203 1.786 121.301 1.940
202206 1.862 125.017 1.963
202209 3.556 125.227 3.742
202212 3.025 125.222 3.183
202303 2.623 127.348 2.714
202306 2.283 128.729 2.337
202309 3.626 129.860 3.680
202312 2.971 129.419 3.025
202403 2.734 131.776 2.734

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


Yum Brands  (BSP:YUMR34) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Yum Brands Cyclically Adjusted Price-to-FCF Related Terms

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


Yum Brands (BSP:YUMR34) Business Description

Industry
Traded in Other Exchanges
Address
1441 Gardiner Lane, Louisville, KY, USA, 40213
Yum Brands is a U.S.-based restaurant operator featuring a portfolio of four brands: KFC (27,760 global units at year-end 2022), Pizza Hut (19,034 units), Taco Bell (8,203 units), and The Habit Burger Grill (346 units). With $59 billion in 2022 systemwide sales, the firm is the second-largest restaurant company in the world behind McDonald's ($116 billion), ahead of Restaurant Brands International ($39 billion) and Starbucks ($27 billion). Yum is 98% franchised, with the largest franchisee, Yum China, spun out in 2016 (after which Yum China agreed to pay 3% royalties to Yum Brands in perpetuity). Yum is the newest evolution of Tricon, formerly a division of PepsiCo, and generates the bulk of its revenue from franchise royalties and marketing contributions.

Yum Brands (BSP:YUMR34) Headlines

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