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Randstad NV (Randstad NV) Cyclically Adjusted FCF per Share : $5.90 (As of Mar. 2024)


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What is Randstad NV 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.

Randstad NV's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.085. 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 $5.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Randstad NV's average Cyclically Adjusted FCF Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 12.40% 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 Randstad NV was 13.80% per year. The lowest was 11.30% per year. And the median was 11.75% per year.

As of today (2024-05-17), Randstad NV's current stock price is $51.05. Randstad NV's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $5.90. Randstad NV's Cyclically Adjusted Price-to-FCF of today is 8.65.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Randstad NV was 21.74. The lowest was 8.84. And the median was 14.56.


Randstad NV Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Randstad NV'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.

Randstad NV Cyclically Adjusted FCF per Share Chart

Randstad NV 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 3.38 4.46 4.51 5.10 5.50

Randstad NV 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 5.58 5.48 5.20 5.50 5.90

Competitive Comparison of Randstad NV's Cyclically Adjusted FCF per Share

For the Staffing & Employment Services subindustry, Randstad NV'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.


Randstad NV's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

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

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



Randstad NV 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, Randstad NV'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)
=0.085/128.5800*128.5800
=0.085

Current CPI (Mar. 2024) = 128.5800.

Randstad NV Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.617 99.240 -0.799
201409 1.759 99.960 2.263
201412 1.707 99.050 2.216
201503 0.201 99.750 0.259
201506 -0.369 100.230 -0.473
201509 1.266 100.500 1.620
201512 1.875 99.730 2.417
201603 0.377 100.310 0.483
201606 -0.064 100.260 -0.082
201609 1.220 100.570 1.560
201612 1.209 100.710 1.544
201703 0.665 101.440 0.843
201706 -0.593 101.370 -0.752
201709 1.121 102.030 1.413
201712 2.588 101.970 3.263
201803 0.208 102.470 0.261
201806 0.292 103.100 0.364
201809 1.760 103.950 2.177
201812 3.133 103.970 3.875
201903 0.332 105.370 0.405
201906 0.504 105.840 0.612
201909 3.138 106.700 3.781
201912 2.933 106.800 3.531
202003 0.271 106.850 0.326
202006 3.586 107.510 4.289
202009 3.495 107.880 4.166
202012 1.175 107.850 1.401
202103 0.348 108.870 0.411
202106 0.788 109.670 0.924
202109 2.198 110.790 2.551
202112 1.612 114.010 1.818
202203 1.109 119.460 1.194
202206 0.593 119.050 0.640
202209 1.672 126.890 1.694
202212 2.048 124.940 2.108
202303 1.353 124.720 1.395
202306 1.046 125.830 1.069
202309 2.045 127.160 2.068
202312 2.215 126.450 2.252
202403 0.085 128.580 0.085

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


Randstad NV  (OTCPK:RANJF) 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.

Randstad NV's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=51.05/5.9
=8.65

* 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 Randstad NV was 21.74. The lowest was 8.84. And the median was 14.56.


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.


Randstad NV Cyclically Adjusted FCF per Share Related Terms

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


Randstad NV (Randstad NV) Business Description

Industry
Address
Diemermere 25, Diemen, NH, NLD, 1112 TC
Randstad NV is engaged in the HR services industry. The company is the largest HR services provider and is driven to become the most valued working life partner, supporting as many people as possible in realizing their true potential throughout their working lives. The company provides companies with high-quality, diverse, and agile workforces as per need while helping people get rewarding jobs and stay relevant in the ever-changing world of work.

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