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Renaissance ServicesOG (MUS:RNSS) Cyclically Adjusted FCF per Share : ر.ع0.33 (As of Mar. 2024)


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What is Renaissance ServicesOG Cyclically Adjusted FCF 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 FCF per Share and 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.

Renaissance ServicesOG's adjusted free cash flow per share for the three months ended in Mar. 2024 was ر.ع0.052. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ر.ع0.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Renaissance ServicesOG's average Cyclically Adjusted FCF Growth Rate was -2.90% 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 FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-06-10), Renaissance ServicesOG's current stock price is ر.ع0.388. Renaissance ServicesOG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ر.ع0.33. Renaissance ServicesOG's Cyclically Adjusted Price-to-FCF of today is 1.18.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Renaissance ServicesOG was 1.44. The lowest was 0.94. And the median was 1.22.


Renaissance ServicesOG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Renaissance ServicesOG's Cyclically Adjusted FCF 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.

Renaissance ServicesOG Cyclically Adjusted FCF per Share Chart

Renaissance ServicesOG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.33 -

Renaissance ServicesOG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF 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 0.34 0.34 0.33 - 0.33

Competitive Comparison of Renaissance ServicesOG's Cyclically Adjusted FCF per Share

For the Specialty Business Services subindustry, Renaissance ServicesOG'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.


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

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

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



Renaissance ServicesOG Cyclically Adjusted FCF 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 FCF per Share and 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.

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

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. Let's use an example to explain.

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

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

For example, Renaissance ServicesOG'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)
=0.052/131.7762*131.7762
=0.052

Current CPI (Mar. 2024) = 131.7762.

Renaissance ServicesOG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.067 100.560 0.088
201409 0.079 100.428 0.104
201412 0.000 99.070 0.000
201503 0.103 99.621 0.136
201506 0.003 100.684 0.004
201509 0.058 100.392 0.076
201512 0.000 99.792 0.000
201603 0.106 100.470 0.139
201606 0.026 101.688 0.034
201609 0.064 101.861 0.083
201612 0.367 101.863 0.475
201703 0.074 102.862 0.095
201706 0.003 103.349 0.004
201709 0.037 104.136 0.047
201712 0.510 104.011 0.646
201803 -0.011 105.290 -0.014
201806 0.061 106.317 0.076
201809 0.030 106.507 0.037
201812 0.405 105.998 0.503
201903 -0.018 107.251 -0.022
201906 0.033 108.070 0.040
201909 -0.023 108.329 -0.028
201912 0.000 108.420 0.000
202003 0.021 108.902 0.025
202006 0.024 108.767 0.029
202009 0.007 109.815 0.008
202012 0.000 109.897 0.000
202103 0.026 111.754 0.031
202106 0.020 114.631 0.023
202109 0.004 115.734 0.005
202112 0.000 117.630 0.000
202203 0.026 121.301 0.028
202206 0.014 125.017 0.015
202209 0.002 125.227 0.002
202212 0.043 125.222 0.045
202303 0.009 127.348 0.009
202306 0.042 128.729 0.043
202309 -0.008 129.860 -0.008
202312 0.000 129.419 0.000
202403 0.052 131.776 0.052

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Renaissance ServicesOG  (MUS:RNSS) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF 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 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.

Renaissance ServicesOG's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.388/0.33
=1.18

* 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 Price-to-FCF of Renaissance ServicesOG was 1.44. The lowest was 0.94. And the median was 1.22.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Renaissance ServicesOG Cyclically Adjusted FCF per Share Related Terms

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


Renaissance ServicesOG (MUS:RNSS) Business Description

Traded in Other Exchanges
N/A
Address
Renaissance House, P.O. Box 1676, Muttrah, OMN, 114
Renaissance Services SAOG provides vessel chartering, contract, accommodation, and integrated facilities management services to the oil and gas industry. Its segments include contract services which consist of contract services, accommodation solutions, and integrated facilities management (IFM) services. Geographically, it derives most of its revenue from Oman.

Renaissance ServicesOG (MUS:RNSS) Headlines

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