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Restaurant Brands International (LTS:0VFA) Cyclically Adjusted Price-to-FCF : 25.37 (As of May. 26, 2024)


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What is Restaurant Brands International Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Restaurant Brands International's current share price is C$95.14. Restaurant Brands International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$3.75. Restaurant Brands International's Cyclically Adjusted Price-to-FCF for today is 25.37.

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

LTS:0VFA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.7   Med: 26.61   Max: 28.54
Current: 24.59

During the past years, Restaurant Brands International's highest Cyclically Adjusted Price-to-FCF was 28.54. The lowest was 22.70. And the median was 26.61.

LTS:0VFA's Cyclically Adjusted Price-to-FCF is ranked worse than
69.11% of 123 companies
in the Restaurants industry
Industry Median: 15.67 vs LTS:0VFA: 24.59

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.

Restaurant Brands International's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$0.365. 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 C$3.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Restaurant Brands International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Restaurant Brands International'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.

Restaurant Brands International Cyclically Adjusted Price-to-FCF Chart

Restaurant Brands International 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 - - - - 27.41

Restaurant Brands International 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 - 27.68 23.99 27.41 28.66

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

For the Restaurants subindustry, Restaurant Brands International'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.


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

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

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



Restaurant Brands International 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=95.14/3.75
=25.37

* 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.

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

For example, Restaurant Brands International'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)
=0.365/126.2576*126.2576
=0.365

Current CPI (Mar. 2024) = 126.2576.

Restaurant Brands International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 99.473 0.000
201409 0.866 99.394 1.100
201412 -0.779 98.367 -1.000
201503 0.627 99.789 0.793
201506 0.568 100.500 0.714
201509 1.159 100.421 1.457
201512 0.641 99.947 0.810
201603 0.502 101.054 0.627
201606 0.863 102.002 1.068
201609 1.137 101.765 1.411
201612 0.893 101.449 1.111
201703 0.800 102.634 0.984
201706 0.538 103.029 0.659
201709 0.895 103.345 1.093
201712 1.416 103.345 1.730
201803 -0.322 105.004 -0.387
201806 1.061 105.557 1.269
201809 0.974 105.636 1.164
201812 1.312 105.399 1.572
201903 0.427 106.979 0.504
201906 0.884 107.690 1.036
201909 1.178 107.611 1.382
201912 1.502 107.769 1.760
202003 0.348 107.927 0.407
202006 0.116 108.401 0.135
202009 1.070 108.164 1.249
202012 0.735 108.559 0.855
202103 0.678 110.298 0.776
202106 1.175 111.720 1.328
202109 1.324 112.905 1.481
202112 1.208 113.774 1.341
202203 0.619 117.646 0.664
202206 1.173 120.806 1.226
202209 1.099 120.648 1.150
202212 1.120 120.964 1.169
202303 0.231 122.702 0.238
202306 1.050 124.203 1.067
202309 1.203 125.230 1.213
202312 1.061 125.072 1.071
202403 0.365 126.258 0.365

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.


Restaurant Brands International  (LTS:0VFA) 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.


Restaurant Brands International Cyclically Adjusted Price-to-FCF Related Terms

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


Restaurant Brands International (LTS:0VFA) Business Description

Traded in Other Exchanges
Address
130 King Street West, Suite 300, P.O. Box 339, Toronto, ON, CAN, M5X 1E1
Restaurant Brands International is one of the largest restaurant companies in the world, with approximately $39 billion in 2022 systemwide sales across a footprint that spanned nearly 30,000 restaurants and more than 100 countries. The firm generates revenue primarily from retail sales at its company-owned restaurants, royalty fees and lease income from franchised stores, and from its Tim Hortons supply chain operations. Formed in 2014 after 3G Capital's acquisition of Tim Hortons International, the Restaurant Brands portfolio now includes Burger King (19,000 units), Tim Hortons (5,600 units), Popeyes Louisiana Kitchen (4,100 units) and Firehouse Subs (1,250 units) as of year-end 2022.

Restaurant Brands International (LTS:0VFA) Headlines

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