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Cinemark Holdings (FRA:ZZA) Cyclically Adjusted Price-to-FCF : 16.36 (As of Jun. 07, 2024)


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What is Cinemark Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Cinemark Holdings's current share price is €15.055. Cinemark Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.92. Cinemark Holdings's Cyclically Adjusted Price-to-FCF for today is 16.36.

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

FRA:ZZA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.75   Med: 25.73   Max: 41.3
Current: 16.9

During the past years, Cinemark Holdings's highest Cyclically Adjusted Price-to-FCF was 41.30. The lowest was 5.75. And the median was 25.73.

FRA:ZZA's Cyclically Adjusted Price-to-FCF is ranked worse than
52.19% of 366 companies
in the Media - Diversified industry
Industry Median: 16.135 vs FRA:ZZA: 16.90

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.

Cinemark Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.279. 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 €0.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cinemark Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cinemark Holdings'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.

Cinemark Holdings Cyclically Adjusted Price-to-FCF Chart

Cinemark Holdings 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 22.25 16.26 16.52 10.09 13.80

Cinemark Holdings 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 17.38 16.75 17.85 13.80 17.99

Competitive Comparison of Cinemark Holdings's Cyclically Adjusted Price-to-FCF

For the Entertainment subindustry, Cinemark Holdings'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.


Cinemark Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Cinemark Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Cinemark Holdings 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.

Cinemark Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.055/0.92
=16.36

* 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.

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

For example, Cinemark Holdings'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)
=-0.279/131.7762*131.7762
=-0.279

Current CPI (Mar. 2024) = 131.7762.

Cinemark Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.308 100.560 0.404
201409 0.066 100.428 0.087
201412 1.007 99.070 1.339
201503 -0.487 99.621 -0.644
201506 0.662 100.684 0.866
201509 -0.240 100.392 -0.315
201512 1.032 99.792 1.363
201603 0.155 100.470 0.203
201606 0.380 101.688 0.492
201609 -0.165 101.861 -0.213
201612 0.720 101.863 0.931
201703 0.479 102.862 0.614
201706 -0.050 103.349 -0.064
201709 -0.029 104.136 -0.037
201712 0.722 104.011 0.915
201803 0.024 105.290 0.030
201806 0.838 106.317 1.039
201809 -0.097 106.507 -0.120
201812 0.805 105.998 1.001
201903 0.355 107.251 0.436
201906 1.076 108.070 1.312
201909 0.174 108.329 0.212
201912 0.368 108.420 0.447
202003 -0.386 108.902 -0.467
202006 -1.150 108.767 -1.393
202009 -0.251 109.815 -0.301
202012 -1.254 109.897 -1.504
202103 -1.016 111.754 -1.198
202106 0.620 114.631 0.713
202109 -0.328 115.734 -0.373
202112 1.280 117.630 1.434
202203 -1.059 121.301 -1.150
202206 1.225 125.017 1.291
202209 -0.454 125.227 -0.478
202212 0.501 125.222 0.527
202303 -0.145 127.348 -0.150
202306 1.337 128.729 1.369
202309 0.276 129.860 0.280
202312 0.293 129.419 0.298
202403 -0.279 131.776 -0.279

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.


Cinemark Holdings  (FRA:ZZA) 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.


Cinemark Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Cinemark Holdings (FRA:ZZA) Business Description

Traded in Other Exchanges
Address
3900 Dallas Parkway, Suite 500, Plano, TX, USA, 75093
Cinemark Holdings Inc is geographically diverse operators in the motion picture exhibition industry in the United States. The company operates in around 518 theatres and 5,847 screens in the United States and Latin America. The company generates revenue from filmed entertainment box office receipts and concession sales, with additional revenue from screen advertising, screen rental and other revenue streams, such as transactional fees, vendor marketing promotions, studio trailer placements, meeting rentals and electronic video games located in some of the theatres. Majority of Cinemark's theaters are located in midsize cities or suburbs of large cities.

Cinemark Holdings (FRA:ZZA) Headlines

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