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International Speedway (International Speedway) Cyclically Adjusted Price-to-FCF : (As of May. 06, 2024)


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What is International Speedway Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


International Speedway Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for International Speedway'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.

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International Speedway Cyclically Adjusted Price-to-FCF Chart

International Speedway Annual Data
Trend Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18
Cyclically Adjusted Price-to-FCF
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International Speedway Quarterly Data
Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19
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Competitive Comparison of International Speedway's Cyclically Adjusted Price-to-FCF

For the Leisure subindustry, International Speedway'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.


International Speedway's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

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



International Speedway 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.

International Speedway's Cyclically Adjusted FCF per Share for the quarter that ended in Aug. 2019 is calculated as:

For example, International Speedway's adjusted Free Cash Flow per Share data for the three months ended in Aug. 2019 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Aug. 2019 (Change)*Current CPI (Aug. 2019)
=0.381/108.2446*108.2446
=0.381

Current CPI (Aug. 2019) = 108.2446.

International Speedway Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200911 -0.533 91.272 -0.632
201002 -0.238 91.445 -0.282
201005 1.188 92.052 1.397
201008 -0.236 92.108 -0.277
201011 -0.579 92.315 -0.679
201102 0.168 93.373 0.195
201105 1.915 95.337 2.174
201108 -0.045 95.582 -0.051
201111 0.525 95.449 0.595
201202 0.397 96.053 0.447
201205 1.158 96.961 1.293
201208 -0.153 97.199 -0.170
201211 0.067 97.133 0.075
201302 0.615 97.953 0.680
201305 1.106 98.282 1.218
201308 0.107 98.675 0.117
201311 0.062 98.334 0.068
201402 0.136 99.057 0.149
201405 0.524 100.373 0.565
201408 -0.800 100.352 -0.863
201411 -0.312 99.635 -0.339
201502 0.028 99.032 0.031
201505 0.421 100.333 0.454
201508 -0.200 100.548 -0.215
201511 -0.313 100.135 -0.338
201602 0.765 100.040 0.828
201605 1.422 101.355 1.519
201608 -0.286 101.617 -0.305
201611 0.368 101.829 0.391
201702 0.397 102.779 0.418
201705 1.068 103.256 1.120
201708 -0.202 103.587 -0.211
201711 -0.238 104.072 -0.248
201802 0.579 105.052 0.597
201805 1.151 106.148 1.174
201808 -0.661 106.383 -0.673
201811 -0.040 106.338 -0.041
201902 0.283 106.649 0.287
201905 1.544 108.048 1.547
201908 0.381 108.245 0.381

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.


International Speedway  (NAS:ISCA) 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.


International Speedway Cyclically Adjusted Price-to-FCF Related Terms

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International Speedway (International Speedway) Business Description

Traded in Other Exchanges
N/A
Address
One Daytona Boulevard, Daytona Beach, FL, USA, 32114
International Speedway operates 13 motorsports stadiums that host more than 100 motorsports events during the racing season, including the famed Daytona 500 and Talladega Superspeedway races. The company has built a casino at its Kansas Speedway in a joint venture with Penn National Gaming. International Speedway is majority-owned by the France family, which also owns privately held NASCAR. About 70% of revenue comes from the motorsports segment, which includes lucrative broadcasting rights.
Executives
Larree M Renda director
Hyatt J Brown director 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Larry Aiello director ONE RIVERFRONT PLZ, CORNING NY 14831
Ford Edsel B Ii director C/O FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Edward H Rensi director 8400 KEARNEY ROAD, DOWNERS GROVE IL 60516
Gregory W Penske director 3534 NORTH PECK ROAD, EL MONTE CA 91731