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Ryder System (STU:RYD) Cyclically Adjusted FCF per Share : €-11.54 (As of Mar. 2024)


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What is Ryder System 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.

Ryder System's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-3.271. 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 €-11.54 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -5.50% 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 Ryder System was 25.00% per year. The lowest was -37.10% per year. And the median was -6.40% per year.

As of today (2024-05-23), Ryder System's current stock price is €111.00. Ryder System's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-11.54. Ryder System's Cyclically Adjusted Price-to-FCF of today is .


Ryder System Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ryder System'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.

Ryder System Cyclically Adjusted FCF per Share Chart

Ryder System 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 -14.69 -12.18 -11.99 -11.80 -11.62

Ryder System 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 -11.80 -11.76 -12.14 -11.62 -11.54

Competitive Comparison of Ryder System's Cyclically Adjusted FCF per Share

For the Rental & Leasing Services subindustry, Ryder System'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.


Ryder System's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

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

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



Ryder System 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, Ryder System'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)
=-3.271/131.7762*131.7762
=-3.271

Current CPI (Mar. 2024) = 131.7762.

Ryder System Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -5.151 100.560 -6.750
201409 -0.700 100.428 -0.919
201412 -1.778 99.070 -2.365
201503 -4.687 99.621 -6.200
201506 -6.706 100.684 -8.777
201509 -5.771 100.392 -7.575
201512 -3.621 99.792 -4.782
201603 -3.484 100.470 -4.570
201606 -2.503 101.688 -3.244
201609 0.516 101.861 0.668
201612 0.393 101.863 0.508
201703 -0.525 102.862 -0.673
201706 -1.574 103.349 -2.007
201709 -0.367 104.136 -0.464
201712 -1.370 104.011 -1.736
201803 -4.986 105.290 -6.240
201806 -3.751 106.317 -4.649
201809 -5.976 106.507 -7.394
201812 -6.822 105.998 -8.481
201903 -9.102 107.251 -11.183
201906 -10.514 108.070 -12.820
201909 -3.512 108.329 -4.272
201912 -3.898 108.420 -4.738
202003 0.132 108.902 0.160
202006 6.551 108.767 7.937
202009 6.816 109.815 8.179
202012 3.420 109.897 4.101
202103 1.332 111.754 1.571
202106 2.202 114.631 2.531
202109 0.482 115.734 0.549
202112 -0.382 117.630 -0.428
202203 -2.042 121.301 -2.218
202206 0.483 125.017 0.509
202209 -0.771 125.227 -0.811
202212 -3.608 125.222 -3.797
202303 -3.207 127.348 -3.319
202306 -5.380 128.729 -5.507
202309 -3.726 129.860 -3.781
202312 -5.377 129.419 -5.475
202403 -3.271 131.776 -3.271

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


Ryder System  (STU:RYD) 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.


Ryder System Cyclically Adjusted FCF per Share Related Terms

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


Ryder System (STU:RYD) Business Description

Industry
Traded in Other Exchanges
Address
11690 N.W. 105th Street, Miami, FL, USA, 33178
Ryder System Inc operates in three business segments: (1) Fleet Management Solutions which provides full-service leasing and leasing with flexible maintenance options, commercial rental and maintenance services of trucks, tractors and trailers to customers; (2) Supply Chain Solutions (SCS), which provides integrated logistics solutions, including distribution management, dedicated transportation, transportation management, brokerage, e-commerce, last mile, and professional services; and (3) Dedicated Transportation Solutions (DTS), which provides turnkey transportation solutions in the U.S., including dedicated vehicles, professional drivers, management, and administrative support.

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