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Expedia Group (FRA:E3X1) Cyclically Adjusted Price-to-FCF : 13.44 (As of May. 21, 2024)


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What is Expedia Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Expedia Group's current share price is €104.70. Expedia Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €7.79. Expedia Group's Cyclically Adjusted Price-to-FCF for today is 13.44.

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

FRA:E3X1' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.34   Med: 20.42   Max: 58.82
Current: 13.58

During the past years, Expedia Group's highest Cyclically Adjusted Price-to-FCF was 58.82. The lowest was 7.34. And the median was 20.42.

FRA:E3X1's Cyclically Adjusted Price-to-FCF is ranked better than
67.52% of 351 companies
in the Travel & Leisure industry
Industry Median: 21.74 vs FRA:E3X1: 13.58

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.

Expedia Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €18.346. 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 €7.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Expedia Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Expedia Group'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.

Expedia Group Cyclically Adjusted Price-to-FCF Chart

Expedia Group 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 16.26 43.21 36.23 14.05 21.07

Expedia 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 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 12.94 13.74 14.24 21.07 16.36

Competitive Comparison of Expedia Group's Cyclically Adjusted Price-to-FCF

For the Travel Services subindustry, Expedia 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.


Expedia Group's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

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



Expedia Group 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.

Expedia Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=104.70/7.79
=13.44

* 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.

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

For example, Expedia 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)
=18.346/131.7762*131.7762
=18.346

Current CPI (Mar. 2024) = 131.7762.

Expedia Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.263 100.560 2.966
201409 0.114 100.428 0.150
201412 -1.778 99.070 -2.365
201503 6.669 99.621 8.822
201506 1.641 100.684 2.148
201509 -1.851 100.392 -2.430
201512 -2.225 99.792 -2.938
201603 5.593 100.470 7.336
201606 2.350 101.688 3.045
201609 -2.134 101.861 -2.761
201612 -1.080 101.863 -1.397
201703 9.447 102.862 12.102
201706 2.896 103.349 3.693
201709 -3.255 104.136 -4.119
201712 -1.544 104.011 -1.956
201803 7.927 105.290 9.921
201806 3.343 106.317 4.144
201809 -3.324 106.507 -4.113
201812 -2.259 105.998 -2.808
201903 11.221 107.251 13.787
201906 4.899 108.070 5.974
201909 -6.944 108.329 -8.447
201912 0.276 108.420 0.335
202003 -6.883 108.902 -8.329
202006 -12.917 108.767 -15.649
202009 -5.978 109.815 -7.174
202012 -2.960 109.897 -3.549
202103 11.583 111.754 13.658
202106 12.977 114.631 14.918
202109 -7.416 115.734 -8.444
202112 0.818 117.630 0.916
202203 16.463 121.301 17.885
202206 8.835 125.017 9.313
202209 -7.283 125.227 -7.664
202212 -2.124 125.222 -2.235
202303 17.911 127.348 18.534
202306 5.611 128.729 5.744
202309 -10.071 129.860 -10.220
202312 -2.635 129.419 -2.683
202403 18.346 131.776 18.346

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.


Expedia Group  (FRA:E3X1) 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.


Expedia Group Cyclically Adjusted Price-to-FCF Related Terms

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


Expedia Group (FRA:E3X1) Business Description

Address
1111 Expedia Group Way W, Seattle, WA, USA, 98119
Expedia is the world's second largest online travel agency by bookings, offering services for lodging (76% of total 2022 sales), air tickets (3%), rental cars, cruises, in-destination, and other (14%), and advertising revenue (7%). Expedia operates a number of branded travel booking sites, including Expedia.com, Hotels.com, Travelocity, Orbitz, Wotif, AirAsia, and Vrbo. It also has a metasearch brand, Trivago. Transaction fees for online bookings account for the bulk of sales and profits.

Expedia Group (FRA:E3X1) Headlines

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