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International Game Technology (MIL:GTK) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


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What is International Game Technology Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


International Game Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for International Game Technology'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.

International Game Technology Cyclically Adjusted Price-to-FCF Chart

International Game Technology 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 11.07 8.30 14.22 11.28 12.37

International Game Technology 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 12.50 15.90 15.06 12.37 10.61

Competitive Comparison of International Game Technology's Cyclically Adjusted Price-to-FCF

For the Gambling subindustry, International Game Technology'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 Game Technology's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

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



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

For example, International Game Technology'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)
=0.191/131.6000*131.6000
=0.191

Current CPI (Mar. 2024) = 131.6000.

International Game Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.640 99.800 0.844
201409 0.667 100.000 0.878
201412 1.248 99.900 1.644
201503 -0.095 99.600 -0.126
201506 0.349 100.100 0.459
201509 0.681 100.200 0.894
201512 1.117 100.400 1.464
201603 0.560 100.400 0.734
201606 1.009 101.000 1.315
201609 -0.281 101.500 -0.364
201612 -2.482 102.200 -3.196
201703 0.656 102.700 0.841
201706 -0.864 103.500 -1.099
201709 -0.526 104.300 -0.664
201712 0.589 105.000 0.738
201803 -0.269 105.100 -0.337
201806 -0.402 105.900 -0.500
201809 0.068 106.600 0.084
201812 -1.612 107.100 -1.981
201903 0.140 107.000 0.172
201906 1.703 107.900 2.077
201909 0.500 108.400 0.607
201912 1.351 108.500 1.639
202003 0.376 108.600 0.456
202006 0.585 108.800 0.708
202009 1.079 109.200 1.300
202012 0.973 109.400 1.170
202103 0.810 109.700 0.972
202106 0.868 111.400 1.025
202109 0.324 112.400 0.379
202112 1.666 114.700 1.911
202203 0.608 116.500 0.687
202206 0.639 120.500 0.698
202209 0.951 122.300 1.023
202212 1.019 125.300 1.070
202303 1.170 126.800 1.214
202306 -0.346 129.400 -0.352
202309 1.017 130.100 1.029
202312 1.594 130.500 1.607
202403 0.191 131.600 0.191

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 Game Technology  (MIL:GTK) 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 Game Technology Cyclically Adjusted Price-to-FCF Related Terms

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International Game Technology (MIL:GTK) Business Description

Traded in Other Exchanges
Address
10 Finsbury Square, Third Floor, London, GBR, EC2A 1AF
International Game Technology PLC is a gaming company that delivers entertaining and responsible gaming experiences for players across all channels. The company's operating segments include Global Lottery, Global Gaming, and Digital & Betting.. It generates maximum revenue from the Global Lottery segment. Global Lottery segment provides lottery products and services to governmental organizations through operating contracts, facilities management contracts, lottery management agreements, and product sales contracts. Geographically, it derives a majority of revenue from the United States.

International Game Technology (MIL:GTK) Headlines

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