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Viad (VVI) Cyclically Adjusted Price-to-FCF : (As of May. 10, 2024)


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What is Viad Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Viad Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Viad'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.

Viad Cyclically Adjusted Price-to-FCF Chart

Viad 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 49.76 64.83 1,309.88 - 293.59

Viad 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 - - 312.79 293.59 -

Competitive Comparison of Viad's Cyclically Adjusted Price-to-FCF

For the Specialty Business Services subindustry, Viad'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.


Viad's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Viad's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Viad 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.

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

For example, Viad'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)
=-1.344/129.4194*129.4194
=-1.344

Current CPI (Mar. 2024) = 129.4194.

Viad Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.243 100.560 -0.313
201409 2.273 100.428 2.929
201412 -1.570 99.070 -2.051
201503 0.657 99.621 0.854
201506 0.598 100.684 0.769
201509 1.624 100.392 2.094
201512 -1.338 99.792 -1.735
201603 0.488 100.470 0.629
201606 1.194 101.688 1.520
201609 2.428 101.861 3.085
201612 -1.596 101.863 -2.028
201703 0.864 102.862 1.087
201706 0.696 103.349 0.872
201709 2.124 104.136 2.640
201712 -0.955 104.011 -1.188
201803 -1.485 105.290 -1.825
201806 0.883 106.317 1.075
201809 2.384 106.507 2.897
201812 -1.445 105.998 -1.764
201903 -0.574 107.251 -0.693
201906 0.224 108.070 0.268
201909 2.326 108.329 2.779
201912 -0.407 108.420 -0.486
202003 -1.383 108.902 -1.644
202006 -1.761 108.767 -2.095
202009 -0.980 109.815 -1.155
202012 -2.472 109.897 -2.911
202103 -2.066 111.754 -2.393
202106 -1.089 114.631 -1.229
202109 0.791 115.734 0.885
202112 -2.341 117.630 -2.576
202203 0.261 121.301 0.278
202206 0.339 125.017 0.351
202209 1.835 125.227 1.896
202212 -2.126 125.222 -2.197
202303 -0.063 127.348 -0.064
202306 0.378 128.729 0.380
202309 2.607 129.860 2.598
202312 -1.559 129.419 -1.559
202403 -1.344 129.419 -1.344

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.


Viad  (NYSE:VVI) 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.


Viad Cyclically Adjusted Price-to-FCF Related Terms

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


Viad (VVI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7000 East 1st Avenue, Scottsdale, AZ, USA, 85251-4304
Viad Corp is a marketing company engaged in providing extraordinary experiences, including hospitality and leisure activities, experiential marketing, and live events. It has three segments; Pursuit includes a collection of inspiring and unforgettable travel experiences that includes recreational attractions, hotels and lodges, food and beverage, retail, sightseeing, and ground transportation services, Spiro includes a marketing agency that partners with brands around the world to manage and elevate their experiential marketing activities, and GES Exhibitions is an exhibition services company that partners with exhibition and conference organizers as a full-service provider of strategic and logistics solutions to manage the complexity of their shows.
Executives
Jonathan A. Massimino officer: General Counsel & Corporate Se C/O VIAD CORP, 7000 EAST 1ST AVENUE, SCOTTSDALE AZ 85251
Joshua Schechter director C/O THE PANTRY, INC., 305 GREGSON DRIVE, CARY NC 27511
Lavalley Sung-chul Patrick Thomas director C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Jeffrey A. Stelmach officer: President, Brand Experience 7000 E. 1ST AVENUE, SCOTTSDALE AZ 85251
Steven W Moster director, officer: President & Chief Executive Of 7000 E. 1ST AVE., SCOTTSDALE AZ 85251
Beverly K Carmichael director 305 HARTMANN DRIVE, LEBANON TN 37087
Ellen M Ingersoll officer: Chief Financial Offi, cer 7000 E. 1ST AVENUE, SCOTTSDALE AZ 85251
Andrew B Benett director 1850 N CENTRAL AVENUE, SUITE 1900, PHOENIX AZ 85004-4565
David W Barry officer: President - Pursuit 7000 E. 1ST AVENUE, SCOTTSDALE AZ 85251
Leslie S Striedel officer: Chief Accounting Officer 7000 E. 1ST AVENUE, SCOTTSDALE AZ 85251
Crestview Advisors, L.l.c. director, 10 percent owner 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Crestview Partners Iv Gp, L.p. director, 10 percent owner C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Crestview Iv Vc Te Holdings, Llc director, 10 percent owner C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Crestview Iv Vc Holdings, L.p. director, 10 percent owner C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Crestview Iv Vc Ci Holdings, L.p. director, 10 percent owner C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022

Viad (VVI) Headlines

From GuruFocus

Viad Corp Schedules First Quarter 2022 Earnings Call

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The IMEX Group & GES Announce Extended Partnership

By PRNewswire PRNewswire 12-16-2021

Viad Corp Completes Sale of Non-Core Business Unit

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GES Launches Spiro�

By PRNewswire PRNewswire 03-30-2022

Viad Corp Announces Participation in Upcoming Conferences

By Business Wire Business Wire 06-11-2021

Jeff Stelmach Joins GES as Global President Brand Experiences

By PRNewswire PRNewswire 08-04-2021

Viad Corp Announces Participation in Upcoming Investor Events

By Business Wire Business Wire 11-30-2022