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Yum Brands (Yum Brands) Cyclically Adjusted Revenue per Share : $21.65 (As of Dec. 2023)


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What is Yum Brands Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Yum Brands's adjusted revenue per share for the three months ended in Dec. 2023 was $7.220. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $21.65 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Yum Brands's average Cyclically Adjusted Revenue Growth Rate was -2.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -0.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Yum Brands was 7.80% per year. The lowest was -2.20% per year. And the median was 0.00% per year.

As of today (2024-04-27), Yum Brands's current stock price is $141.77. Yum Brands's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $21.65. Yum Brands's Cyclically Adjusted PS Ratio of today is 6.55.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Yum Brands was 6.55. The lowest was 1.96. And the median was 3.79.


Yum Brands Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Yum Brands's Cyclically Adjusted Revenue per Share 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.

Yum Brands Cyclically Adjusted Revenue per Share Chart

Yum Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.20 21.57 22.07 22.15 21.65

Yum Brands Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Revenue per Share 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 22.15 22.39 22.41 22.21 21.65

Competitive Comparison of Yum Brands's Cyclically Adjusted Revenue per Share

For the Restaurants subindustry, Yum Brands's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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.


Yum Brands's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Yum Brands's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Yum Brands's Cyclically Adjusted PS Ratio falls into.



Yum Brands Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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.

For example, Yum Brands's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=7.22/129.4194*129.4194
=7.220

Current CPI (Dec. 2023) = 129.4194.

Yum Brands Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.974 99.695 7.755
201406 7.042 100.560 9.063
201409 7.420 100.428 9.562
201412 -6.029 99.070 -7.876
201503 5.879 99.621 7.638
201506 6.978 100.684 8.970
201509 7.718 100.392 9.950
201512 -6.261 99.792 -8.120
201603 3.428 100.470 4.416
201606 3.636 101.688 4.628
201609 3.843 101.861 4.883
201612 5.097 101.863 6.476
201703 3.893 102.862 4.898
201706 4.045 103.349 5.065
201709 4.068 104.136 5.056
201712 4.558 104.011 5.671
201803 4.032 105.290 4.956
201806 4.133 106.317 5.031
201809 4.280 106.507 5.201
201812 4.869 105.998 5.945
201903 3.981 107.251 4.804
201906 4.172 108.070 4.996
201909 4.278 108.329 5.111
201912 5.465 108.420 6.523
202003 4.114 108.902 4.889
202006 3.902 108.767 4.643
202009 4.717 109.815 5.559
202012 5.678 109.897 6.687
202103 4.872 111.754 5.642
202106 5.270 114.631 5.950
202109 5.318 115.734 5.947
202112 6.385 117.630 7.025
202203 5.262 121.301 5.614
202206 5.641 125.017 5.840
202209 5.675 125.227 5.865
202212 7.035 125.222 7.271
202303 5.772 127.348 5.866
202306 5.899 128.729 5.931
202309 5.972 129.860 5.952
202312 7.220 129.419 7.220

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Yum Brands  (NYSE:YUM) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Yum Brands's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=141.77/21.65
=6.55

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Yum Brands was 6.55. The lowest was 1.96. And the median was 3.79.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Yum Brands Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Yum Brands's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Yum Brands (Yum Brands) Business Description

Industry
Address
1441 Gardiner Lane, Louisville, KY, USA, 40213
Yum Brands is a U.S.-based restaurant operator featuring a portfolio of four brands: KFC (27,760 global units at year-end 2022), Pizza Hut (19,034 units), Taco Bell (8,203 units), and The Habit Burger Grill (346 units). With $59 billion in 2022 systemwide sales, the firm is the second-largest restaurant company in the world behind McDonald's ($116 billion), ahead of Restaurant Brands International ($39 billion) and Starbucks ($27 billion). Yum is 98% franchised, with the largest franchisee, Yum China, spun out in 2016 (after which Yum China agreed to pay 3% royalties to Yum Brands in perpetuity). Yum is the newest evolution of Tricon, formerly a division of PepsiCo, and generates the bulk of its revenue from franchise royalties and marketing contributions.
Executives
David W Gibbs director, officer: Chief Executive Officer 7100 CORPORATE DRIVE, PLANO TX 75024
Mark James King officer: CEO - Taco Bell 1441 GARDINER LANE, LOUISVILLE KY 40213
M. Brett Biggs director 702 SW 8TH STREET, BENTONVILLE AR 72716
Susan Doniz director C/O THE BOEING COMPANY, 100 RIVERSIDE PLAZA, MC 5003-1001, CHICAGO IL 60606-1596
Graddick Weir Mirian M director 2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033
Scott Catlett officer: General Counsel and Corp. Sec. 1441GARDINER LANE, LOUISVILLE KY 40213
Tracy L Skeans officer: Chief People Officer 1441 GARDINER LANE, LOUISVILLE KY 40213
David Eric Russell officer: Vice President, Controller 1441 GARDINER LANE, LOUISVILLE KY 40213
Sabir Sami officer: Chief Executive Officer - KFC 1441 GARDINER LANE, LOUISVILLE KY 40213
Anthony Lowings officer: CEO, KFC Division 1441 GARDINER LANE, LOUISVILLE KY 40213
Aaron Powell officer: CEO - Pizza Hut P.O. BOX 619100, DALLAS TX 75261-9100
Lauren R Hobart director 345 COURT STREET, CORAOPOLIS PA 15275
Greg Creed officer: President Taco Bell 1441 GARDINER LANE, LOUISVILLE KY 40213
Scrivner Annie Young director 2401 UTAH AVE. S. SUITE 800, SEATTLE WA 98134
Keith Barr director BROADWATER PARK, DENHAM, BUCKINGHAMSHIRE X0 UB9 5HR

Yum Brands (Yum Brands) Headlines