GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Canlan Ice Sports Corp (TSX:ICE) » Definitions » Cyclically Adjusted Price-to-FCF

Canlan Ice Sports (TSX:ICE) Cyclically Adjusted Price-to-FCF : 48.13 (As of Jun. 08, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Canlan Ice Sports Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Canlan Ice Sports's current share price is C$3.85. Canlan Ice Sports's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$0.08. Canlan Ice Sports's Cyclically Adjusted Price-to-FCF for today is 48.13.

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

TSX:ICE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.94   Med: 35   Max: 390
Current: 45.35

During the past years, Canlan Ice Sports's highest Cyclically Adjusted Price-to-FCF was 390.00. The lowest was 5.94. And the median was 35.00.

TSX:ICE's Cyclically Adjusted Price-to-FCF is ranked worse than
76.15% of 348 companies
in the Travel & Leisure industry
Industry Median: 21.65 vs TSX:ICE: 45.35

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.

Canlan Ice Sports's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$0.022. 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$0.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canlan Ice Sports Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Canlan Ice Sports'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.

Canlan Ice Sports Cyclically Adjusted Price-to-FCF Chart

Canlan Ice Sports 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 158.78 - - 262.48 52.40

Canlan Ice Sports 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 78.81 58.58 65.20 52.40 46.88

Competitive Comparison of Canlan Ice Sports's Cyclically Adjusted Price-to-FCF

For the Leisure subindustry, Canlan Ice Sports'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.


Canlan Ice Sports's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Canlan Ice Sports's Cyclically Adjusted Price-to-FCF falls into.



Canlan Ice Sports 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.

Canlan Ice Sports's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.85/0.08
=48.13

* 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.

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

For example, Canlan Ice Sports'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)
=0.022/126.2576*126.2576
=0.022

Current CPI (Mar. 2024) = 126.2576.

Canlan Ice Sports Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.061 99.473 -0.077
201409 -0.714 99.394 -0.907
201412 0.331 98.367 0.425
201503 -0.553 99.789 -0.700
201506 -0.075 100.500 -0.094
201509 0.152 100.421 0.191
201512 0.434 99.947 0.548
201603 -0.011 101.054 -0.014
201606 -0.243 102.002 -0.301
201609 0.246 101.765 0.305
201612 0.379 101.449 0.472
201703 -0.084 102.634 -0.103
201706 -0.133 103.029 -0.163
201709 0.236 103.345 0.288
201712 0.439 103.345 0.536
201803 -0.075 105.004 -0.090
201806 0.013 105.557 0.016
201809 0.166 105.636 0.198
201812 0.397 105.399 0.476
201903 -1.087 106.979 -1.283
201906 -0.079 107.690 -0.093
201909 -0.086 107.611 -0.101
201912 0.279 107.769 0.327
202003 -0.166 107.927 -0.194
202006 -0.493 108.401 -0.574
202009 -0.038 108.164 -0.044
202012 -0.071 108.559 -0.083
202103 0.070 110.298 0.080
202106 -0.062 111.720 -0.070
202109 0.332 112.905 0.371
202112 0.531 113.774 0.589
202203 0.064 117.646 0.069
202206 -0.097 120.806 -0.101
202209 0.219 120.648 0.229
202212 0.330 120.964 0.344
202303 0.061 122.702 0.063
202306 -0.143 124.203 -0.145
202309 0.055 125.230 0.055
202312 0.378 125.072 0.382
202403 0.022 126.258 0.022

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.


Canlan Ice Sports  (TSX:ICE) 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.


Canlan Ice Sports Cyclically Adjusted Price-to-FCF Related Terms

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


Canlan Ice Sports (TSX:ICE) Business Description

Traded in Other Exchanges
N/A
Address
6501 Sprott Street, Burnaby, BC, CAN, V6B 3B8
Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America. The company has a single operating segment which is an Ice rink and recreational facilities which derive revenue from food and beverage, sports stores, sponsorship, space rental, and others. Geographically it generates the majority of its revenue from Canada.
Executives
Joey St. Aubin Senior Officer