Paying users zone. Data is covered by hidden.

  • Get to Marriott International Inc. for $15.99, or

  • get to entire website for at least 3 months from $49.99.


Visa Mastercard Maestro American Express Discover JCB    PayPal

Microsoft Excel LibreOffice Calc

Marriott International Inc. (MAR)


Enterprise Value to FCFF (EV/FCFF)

Difficulty: Intermediate


Free Cash Flow to The Firm (FCFF)

Marriott International Inc., FCFF calculation

USD $ in millions

Microsoft Excel LibreOffice Calc
12 months ended Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014
Net income hidden hidden hidden hidden hidden
Net noncash charges hidden hidden hidden hidden hidden
Working capital changes hidden hidden hidden hidden hidden
Net cash provided by operating activities hidden hidden hidden hidden hidden
Cash paid for interest, net of amounts capitalized, net of tax1 hidden hidden hidden hidden hidden
Capital expenditures hidden hidden hidden hidden hidden
Contract acquisition costs hidden hidden hidden hidden hidden
Free cash flow to the firm (FCFF) hidden hidden hidden hidden hidden

Based on: 10-K (filing date: 2019-03-01), 10-K (filing date: 2018-02-15), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-18), 10-K (filing date: 2015-02-19).

Item Description The company
FCFF Free cash flow to the firm is the cash flow available to the Marriott International Inc.’s suppliers of capital after all operating expenses have been paid and necessary investments in working and fixed capital have been made. Marriott International Inc.’s FCFF increased from 2016 to 2017 but then slightly declined from 2017 to 2018.

Interest Paid, Net of Tax

Marriott International Inc., interest paid, net of tax calculation

USD $ in millions

Microsoft Excel LibreOffice Calc
12 months ended Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014
Effective Income Tax Rate (EITR)
EITR1 hidden hidden hidden hidden hidden
Interest Paid, Net of Tax
Cash paid for interest, net of amounts capitalized, before tax hidden hidden hidden hidden hidden
Less: Cash paid for interest, net of amounts capitalized, tax2 hidden hidden hidden hidden hidden
Cash paid for interest, net of amounts capitalized, net of tax hidden hidden hidden hidden hidden

Based on: 10-K (filing date: 2019-03-01), 10-K (filing date: 2018-02-15), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-18), 10-K (filing date: 2015-02-19).

2018 Calculations

2 Cash paid for interest, net of amounts capitalized, tax = Cash paid for interest, net of amounts capitalized × EITR
= hidden × hidden = hidden


Enterprise Value to FCFF Ratio, Current

Marriott International Inc., current EV/FCFF calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Selected Financial Data (USD $ in millions)
Enterprise value (EV) hidden
Free cash flow to the firm (FCFF) hidden
Ratio
EV/FCFF hidden
Benchmarks
EV/FCFF, Competitors
Booking Holdings Inc. hidden
Delta Air Lines Inc. hidden
McDonald’s Corp. hidden
Starbucks Corp. hidden
EV/FCFF, Sector
Travel & Leisure hidden
EV/FCFF, Industry
Consumer Services hidden

Based on: 10-K (filing date: 2019-03-01).

If company EV/FCFF is lower then the EV/FCFF of benchmark then company is relatively undervalued.

Otherwise, if company EV/FCFF is higher then the EV/FCFF of benchmark then company is relatively overvalued.


Enterprise Value to FCFF Ratio, Historical

Marriott International Inc., historical EV/FCFF calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014
Selected Financial Data (USD $ in millions)
Enterprise value (EV)1 hidden hidden hidden hidden hidden
Free cash flow to the firm (FCFF)2 hidden hidden hidden hidden hidden
Ratio
EV/FCFF3 hidden hidden hidden hidden hidden
Benchmarks
EV/FCFF, Competitors
Booking Holdings Inc. hidden hidden hidden hidden hidden
Delta Air Lines Inc. hidden hidden hidden hidden hidden
McDonald’s Corp. hidden hidden hidden hidden hidden
Starbucks Corp. hidden hidden hidden hidden hidden
EV/FCFF, Sector
Travel & Leisure hidden hidden hidden hidden hidden
EV/FCFF, Industry
Consumer Services hidden hidden hidden hidden hidden

Based on: 10-K (filing date: 2019-03-01), 10-K (filing date: 2018-02-15), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-18), 10-K (filing date: 2015-02-19).

2018 Calculations

3 EV/FCFF = EV ÷ FCFF
= hidden ÷ hidden = hidden

Ratio Description The company
EV/FCFF Enterprise value to free cash flow to the firm is whole company valuation indicator. Marriott International Inc.’s EV/FCFF ratio declined from 2016 to 2017 and from 2017 to 2018.