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Renata (DHA:RENATA) Cyclically Adjusted FCF per Share : BDT-1.18 (As of Dec. 2023)


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What is Renata 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.

Renata's adjusted free cash flow per share for the three months ended in Dec. 2023 was BDT-18.407. 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 BDT-1.18 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Renata's average Cyclically Adjusted FCF Growth Rate was -572.00% 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 (2024-04-28), Renata's current stock price is BDT783.40. Renata's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was BDT-1.18. Renata's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Renata was 4871.60. The lowest was 116.36. And the median was 366.67.


Renata Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Renata'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.

Renata Cyclically Adjusted FCF per Share Chart

Renata Annual Data
Trend Dec13 Dec14 Dec15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 3.30 -0.24

Renata 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 0.25 -0.65 -0.24 -0.17 -1.18

Competitive Comparison of Renata's Cyclically Adjusted FCF per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Renata'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.


Renata's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Renata's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Renata 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, Renata'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)
=-18.407/129.4194*129.4194
=-18.407

Current CPI (Dec. 2023) = 129.4194.

Renata Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 2.181 99.695 2.831
201406 -0.672 100.560 -0.865
201409 3.130 100.428 4.034
201412 0.487 99.070 0.636
201503 5.495 99.621 7.139
201506 3.401 100.684 4.372
201509 5.437 100.392 7.009
201512 -6.306 99.792 -8.178
201603 7.933 100.470 10.219
201606 -0.909 101.688 -1.157
201609 11.177 101.861 14.201
201612 6.053 101.863 7.691
201703 5.176 102.862 6.512
201706 -0.276 103.349 -0.346
201709 2.058 104.136 2.558
201712 4.699 104.011 5.847
201803 -6.871 105.290 -8.446
201806 3.836 106.317 4.670
201809 10.540 106.507 12.807
201812 8.562 105.998 10.454
201903 -2.570 107.251 -3.101
201906 4.238 108.070 5.075
201909 11.150 108.329 13.321
201912 -4.210 108.420 -5.025
202003 6.647 108.902 7.899
202006 4.738 108.767 5.638
202009 -1.081 109.815 -1.274
202012 7.382 109.897 8.693
202103 -1.639 111.754 -1.898
202106 -5.560 114.631 -6.277
202109 -0.067 115.734 -0.075
202112 -16.963 117.630 -18.663
202203 -22.461 121.301 -23.964
202206 -22.325 125.017 -23.111
202209 -3.465 125.227 -3.581
202212 -23.970 125.222 -24.774
202303 -8.716 127.348 -8.858
202306 4.025 128.729 4.047
202309 0.591 129.860 0.589
202312 -18.407 129.419 -18.407

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


Renata  (DHA:RENATA) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Renata was 4871.60. The lowest was 116.36. And the median was 366.67.


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.


Renata Cyclically Adjusted FCF per Share Related Terms

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


Renata (DHA:RENATA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Plot Number 1, Milk Vita Road, Section-7, GPO Box No. 303, Mirpur, Dhaka, BGD, 1216
Renata Ltd is a Bangladesh based pharmaceutical company. It is engaged in the manufacturing, marketing, and distribution of Human Pharmaceuticals, Animal Health Medicines, Nutritionals, and Vaccines. It manufactures various pharmaceutical products including Beconex Zi Syrup, Cabolin Tablet, Flontin Tablet, Ivana Tablet, and others. Some of the animal health products offered by the company are Doxivet Powder, Fevenil Injection, Diadin Bolus, Renamet Tablet, and others. The company operates in Bangladesh and sells its products locally and internationally.

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