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Riot Platforms (MEX:RIOT) Cyclically Adjusted Price-to-FCF : (As of Jun. 25, 2024)


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What is Riot Platforms Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Riot Platforms Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Riot Platforms's Cyclically Adjusted Price-to-FCF 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.

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Riot Platforms Cyclically Adjusted Price-to-FCF Chart

Riot Platforms Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Riot Platforms Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Riot Platforms's Cyclically Adjusted Price-to-FCF

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 Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Riot Platforms's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Riot Platforms'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)
=-16.099/131.7762*131.7762
=-16.099

Current CPI (Mar. 2024) = 131.7762.

Riot Platforms Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -7.395 100.560 -9.691
201409 -8.037 100.428 -10.546
201412 -7.780 99.070 -10.348
201503 -9.052 99.621 -11.974
201506 -6.354 100.684 -8.316
201509 -6.119 100.392 -8.032
201512 -7.469 99.792 -9.863
201603 -8.498 100.470 -11.146
201606 -3.086 101.688 -3.999
201609 -6.260 101.861 -8.098
201612 -7.735 101.863 -10.006
201703 -6.813 102.862 -8.728
201706 -3.230 103.349 -4.118
201709 -1.975 104.136 -2.499
201712 -2.795 104.011 -3.541
201803 -36.378 105.290 -45.529
201806 -7.484 106.317 -9.276
201809 -9.334 106.507 -11.549
201812 -4.409 105.998 -5.481
201903 -4.313 107.251 -5.299
201906 -6.005 108.070 -7.322
201909 -4.016 108.329 -4.885
201912 -6.852 108.420 -8.328
202003 -2.203 108.902 -2.666
202006 -6.415 108.767 -7.772
202009 -7.001 109.815 -8.401
202012 -5.867 109.897 -7.035
202103 -15.786 111.754 -18.614
202106 -12.187 114.631 -14.010
202109 -26.460 115.734 -30.128
202112 -51.431 117.630 -57.616
202203 -31.571 121.301 -34.297
202206 -15.231 125.017 -16.055
202209 -5.395 125.227 -5.677
202212 -3.341 125.222 -3.516
202303 -1.951 127.348 -2.019
202306 -9.693 128.729 -9.922
202309 -13.232 129.860 -13.427
202312 -12.290 129.419 -12.514
202403 -16.099 131.776 -16.099

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


Riot Platforms  (MEX:RIOT) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Riot Platforms Cyclically Adjusted Price-to-FCF Related Terms

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


Riot Platforms (MEX:RIOT) 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.