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Riot Platforms (Riot Platforms) Cyclically Adjusted FCF per Share : $-2.58 (As of Dec. 2023)


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What is Riot Platforms 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.

Riot Platforms's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.724. 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 $-2.58 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 35.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 40.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 28.90% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Riot Platforms was 45.10% per year. The lowest was 2.20% per year. And the median was 22.25% per year.

As of today (2024-05-03), Riot Platforms's current stock price is $10.30. Riot Platforms's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-2.58. Riot Platforms's Cyclically Adjusted Price-to-FCF of today is .


Riot Platforms Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Riot Platforms'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.

Riot Platforms Cyclically Adjusted FCF per Share Chart

Riot Platforms 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 -17.55 -9.67 -4.49 -2.93 -2.58

Riot Platforms Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -2.93 -2.73 -2.68 -2.65 -2.58

Competitive Comparison of Riot Platforms's Cyclically Adjusted FCF per Share

For the Capital Markets subindustry, Riot Platforms'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.


Riot Platforms's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Riot Platforms's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Riot Platforms 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, Riot Platforms'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)
=-0.724/129.4194*129.4194
=-0.724

Current CPI (Dec. 2023) = 129.4194.

Riot Platforms Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.065 99.695 -1.383
201406 -0.570 100.560 -0.734
201409 -0.599 100.428 -0.772
201412 -0.527 99.070 -0.688
201503 -0.594 99.621 -0.772
201506 -0.405 100.684 -0.521
201509 -0.362 100.392 -0.467
201512 -0.434 99.792 -0.563
201603 -0.494 100.470 -0.636
201606 -0.167 101.688 -0.213
201609 -0.324 101.861 -0.412
201612 -0.375 101.863 -0.476
201703 -0.362 102.862 -0.455
201706 -0.179 103.349 -0.224
201709 -0.109 104.136 -0.135
201712 -0.142 104.011 -0.177
201803 -2.002 105.290 -2.461
201806 -0.381 106.317 -0.464
201809 -0.499 106.507 -0.606
201812 -0.225 105.998 -0.275
201903 -0.222 107.251 -0.268
201906 -0.313 108.070 -0.375
201909 -0.203 108.329 -0.243
201912 -0.363 108.420 -0.433
202003 -0.094 108.902 -0.112
202006 -0.278 108.767 -0.331
202009 -0.317 109.815 -0.374
202012 -0.295 109.897 -0.347
202103 -0.772 111.754 -0.894
202106 -0.612 114.631 -0.691
202109 -1.287 115.734 -1.439
202112 -2.507 117.630 -2.758
202203 -1.586 121.301 -1.692
202206 -0.757 125.017 -0.784
202209 -0.268 125.227 -0.277
202212 -0.171 125.222 -0.177
202303 -0.111 127.348 -0.113
202306 -0.565 128.729 -0.568
202309 -0.760 129.860 -0.757
202312 -0.724 129.419 -0.724

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


Riot Platforms  (NAS:RIOT) 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.


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.


Riot Platforms Cyclically Adjusted FCF per Share Related Terms

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


Riot Platforms (Riot Platforms) Business Description

Traded in Other Exchanges
Address
3855 Ambrosia Street, Suite 301, Castle Rock, CO, USA, 80109
Riot Platforms Inc is a vertically integrated Bitcoin mining company focused on building, supporting, and operating blockchain technologies. Distributed blockchain technology is a decentralized and encrypted ledger that is designed to offer a secure, efficient, verifiable, and permanent way of storing records and other information without the need for intermediaries. It serves as a medium of exchange, store of value, or unit of account. The company's segments include Bitcoin Mining; Data Center Hosting and Engineering. It generates maximum revenue from the Bitcoin Mining segment.
Executives
William Richard Jackman officer: General Counsel C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Hubert Marleau director C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Jason Chung officer: EVP, CORP DEV (SEE REMARKS) C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Lance Varro D'ambrosio director C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Yi Soo Il Benjamin director C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Jason Les director C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Ryan D. Werner officer: SVP & CAO (See Remarks) C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Hannah Cho director C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Yee Colin M. officer: CFO C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Chad Everett Harris officer: Subsidiary Officer See Remarks C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Megan M. Brooks officer: Chief Operating Officer C/O RIOT BLOCKCHAIN, INC., 3855 AMBROSIA STREET, STE 301, CASTLE ROCK CO 80109
Jefferey Mcgonegal officer: Chief Financial Officer 3855 AMBROSIA STREET, STE.301, CASTLE ROCK CO 80109
Data Ag Northern 10 percent owner AN DER WELLE 3, FRANKFURT AM MAIN 2M 60322
Lyle Joseph Theriot officer: Subsidiary Officer See Remarks C/O RIOT BLOCKCHAIN, INC., 3855 AMBROSIA STREET, STE. 301, CASTLE ROCK CO 80109
Remo Mancini director 6 LAIRD AVENUE SOUTH, AMHERSTBURG A6 N9V 1X5