GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Texas Roadhouse Inc (FRA:ROW) » Definitions » Cyclically Adjusted Price-to-FCF

Texas Roadhouse (FRA:ROW) Cyclically Adjusted Price-to-FCF : 60.77 (As of May. 22, 2024)


View and export this data going back to . Start your Free Trial

What is Texas Roadhouse Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Texas Roadhouse's current share price is €154.35. Texas Roadhouse's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.54. Texas Roadhouse's Cyclically Adjusted Price-to-FCF for today is 60.77.

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

FRA:ROW' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25.25   Med: 55.12   Max: 76.82
Current: 61.05

During the past years, Texas Roadhouse's highest Cyclically Adjusted Price-to-FCF was 76.82. The lowest was 25.25. And the median was 55.12.

FRA:ROW's Cyclically Adjusted Price-to-FCF is ranked worse than
91.06% of 123 companies
in the Restaurants industry
Industry Median: 16.28 vs FRA:ROW: 61.05

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.

Texas Roadhouse's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €2.273. 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 €2.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Texas Roadhouse Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Texas Roadhouse'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.

Texas Roadhouse Cyclically Adjusted Price-to-FCF Chart

Texas Roadhouse 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 39.77 54.97 49.07 40.95 48.74

Texas Roadhouse 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 45.09 46.36 38.85 48.74 56.00

Competitive Comparison of Texas Roadhouse's Cyclically Adjusted Price-to-FCF

For the Restaurants subindustry, Texas Roadhouse'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.


Texas Roadhouse's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

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

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



Texas Roadhouse 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.

Texas Roadhouse's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=154.35/2.54
=60.77

* 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.

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

For example, Texas Roadhouse'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)
=2.273/131.7762*131.7762
=2.273

Current CPI (Mar. 2024) = 131.7762.

Texas Roadhouse Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.053 100.560 0.069
201409 -0.001 100.428 -0.001
201412 0.444 99.070 0.591
201503 0.318 99.621 0.421
201506 -0.005 100.684 -0.007
201509 -0.220 100.392 -0.289
201512 0.621 99.792 0.820
201603 0.390 100.470 0.512
201606 0.178 101.688 0.231
201609 0.021 101.861 0.027
201612 0.607 101.863 0.785
201703 0.764 102.862 0.979
201706 -0.045 103.349 -0.057
201709 0.192 104.136 0.243
201712 0.632 104.011 0.801
201803 0.808 105.290 1.011
201806 0.320 106.317 0.397
201809 0.194 106.507 0.240
201812 1.002 105.998 1.246
201903 0.850 107.251 1.044
201906 0.368 108.070 0.449
201909 -0.028 108.329 -0.034
201912 0.811 108.420 0.986
202003 -0.323 108.902 -0.391
202006 0.064 108.767 0.078
202009 0.589 109.815 0.707
202012 0.557 109.897 0.668
202103 1.669 111.754 1.968
202106 0.857 114.631 0.985
202109 -0.025 115.734 -0.028
202112 0.739 117.630 0.828
202203 1.816 121.301 1.973
202206 0.716 125.017 0.755
202209 0.462 125.227 0.486
202212 0.628 125.222 0.661
202303 1.697 127.348 1.756
202306 0.157 128.729 0.161
202309 0.184 129.860 0.187
202312 0.972 129.419 0.990
202403 2.273 131.776 2.273

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.


Texas Roadhouse  (FRA:ROW) 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.


Texas Roadhouse Cyclically Adjusted Price-to-FCF Related Terms

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


Texas Roadhouse (FRA:ROW) Business Description

Traded in Other Exchanges
Address
6040 Dutchmans Lane, Louisville, KY, USA, 40205
Texas Roadhouse Inc is a restaurant company operating predominately in the casual dining segment. The company's operating segment includes Texas Roadhouse; Bubba's 33 and others. It generates maximum revenue from the Texas Roadhouse segment.

Texas Roadhouse (FRA:ROW) Headlines

No Headlines