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Papa John's International (Papa John's International) Cyclically Adjusted Price-to-FCF : 21.46 (As of Apr. 28, 2024)


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What is Papa John's International Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Papa John's International's current share price is $63.10. Papa John's International's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.94. Papa John's International's Cyclically Adjusted Price-to-FCF for today is 21.46.

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

PZZA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.11   Med: 37.31   Max: 62
Current: 21.43

During the past years, Papa John's International's highest Cyclically Adjusted Price-to-FCF was 62.00. The lowest was 20.11. And the median was 37.31.

PZZA's Cyclically Adjusted Price-to-FCF is ranked worse than
61.02% of 118 companies
in the Restaurants industry
Industry Median: 15.395 vs PZZA: 21.43

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.

Papa John's International's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.233. 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 $2.94 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Papa John's International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Papa John's 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.

Papa John's International Cyclically Adjusted Price-to-FCF Chart

Papa John's 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 34.09 38.54 52.54 31.04 25.89

Papa John's International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 31.04 27.60 25.98 23.73 25.89

Competitive Comparison of Papa John's International's Cyclically Adjusted Price-to-FCF

For the Restaurants subindustry, Papa John's 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.


Papa John's International's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

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

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



Papa John's 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.

Papa John's International's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=63.10/2.94
=21.46

* 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.

Papa John's International's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Papa John's International's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.233/129.4194*129.4194
=1.233

Current CPI (Dec. 2023) = 129.4194.

Papa John's International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.364 99.695 0.473
201406 0.305 100.560 0.393
201409 0.454 100.428 0.585
201412 0.658 99.070 0.860
201503 0.807 99.621 1.048
201506 0.716 100.684 0.920
201509 0.796 100.392 1.026
201512 0.972 99.792 1.261
201603 0.616 100.470 0.793
201606 0.853 101.688 1.086
201609 0.720 101.861 0.915
201612 0.327 101.863 0.415
201703 0.864 102.862 1.087
201706 0.407 103.349 0.510
201709 0.665 104.136 0.826
201712 0.305 104.011 0.380
201803 0.817 105.290 1.004
201806 0.760 106.317 0.925
201809 0.715 106.507 0.869
201812 -0.757 105.998 -0.924
201903 0.163 107.251 0.197
201906 0.289 108.070 0.346
201909 0.257 108.329 0.307
201912 0.050 108.420 0.060
202003 0.860 108.902 1.022
202006 1.412 108.767 1.680
202009 2.136 109.815 2.517
202012 0.198 109.897 0.233
202103 1.697 111.754 1.965
202106 1.450 114.631 1.637
202109 1.248 115.734 1.396
202112 -0.965 117.630 -1.062
202203 0.418 121.301 0.446
202206 -0.009 125.017 -0.009
202209 0.375 125.227 0.388
202212 0.319 125.222 0.330
202303 0.652 127.348 0.663
202306 1.121 128.729 1.127
202309 0.520 129.860 0.518
202312 1.233 129.419 1.233

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.


Papa John's International  (NAS:PZZA) 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.


Papa John's International Cyclically Adjusted Price-to-FCF Related Terms

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


Papa John's International (Papa John's International) Business Description

Traded in Other Exchanges
Address
2002 Papa John's Boulevard, Louisville, KY, USA, 40299-2367
Papa John's is one of the largest players in the global QSR pizza market, boasting more than 5,700 restaurants across nearly 50 countries at the end of 2022. The firm operates a predominantly franchised system, owning just shy of 10% of its restaurants and generating revenue from franchise royalties, sales of pizza, and related products at its company-owned stores, and sales from its commissary supply chain. The firm is the third-largest limited-service pizza chain in the U.S. and fourth-largest globally, with a sizable presence in the U.K., China, South Korea, and Chile.
Executives
John W Garratt director 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Stephen L Gibbs director C/O SCIENTIFIC GAMES CORPORATION, 1500 BLUEGRASS LAKES PARKWAY, ALPHARETTA, GA 30004
John C Miller director
Ravi Thanawala officer: Chief Financial Officer 788 CIRCLE 75 PARKWAY, ATLANTA GA 30339
Christopher K Collins officer: VP, Treasury and Tax 788 CIRCLE 75 PARKWAY, ATLANTA GA 30339
Marvin Boakye officer: Chief People Officer PO BOX 99900, LOUISVILLE KY 40269
Olivia F Kirtley director 6655 LANCER BLVD, SAN ANTONIO TX 78219
Robert Lynch director, officer: President and CEO P. O. BOX 99900, LOUISVILLE KY 40269
Jack H Swaysland officer: SVP, COO - International PO BOX 99900, LOUISVILLE KY 40269
Jeffrey C Smith director 201 E LAS OLAS BOULEVARD, SUITE 1000, FORT LAUDERDALE FL 33301
James Norberg officer: SVP, CROO PO BOX 99900, LOUISVILLE KY 40269
Caroline Miller Oyler officer: SVP, General Counsel P.O. BOX 99900, LOUISVILLE KY 40269
Ann B Gugino officer: Chief Financial Officer 1031 MENDOTA HEIGHTS ROAD, ST. PAUL MN 55120
Steven R Coke officer: VP, IR and Strategy P.O. BOX 99900, LOUISVILLE KY 40269
Amanda Clark officer: Chief Development Officer PO BOX 99900, LOUISVILLE KY 40269

Papa John's International (Papa John's International) Headlines