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Rithm Capital (Rithm Capital) Cyclically Adjusted FCF per Share : $0.05 (As of Dec. 2023)


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What is Rithm Capital 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.

Rithm Capital's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-1.169. 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 $0.05 for the trailing ten years ended in Dec. 2023.

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), Rithm Capital's current stock price is $11.21. Rithm Capital's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.05. Rithm Capital's Cyclically Adjusted Price-to-FCF of today is 224.20.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Rithm Capital was 224.20. The lowest was 33.91. And the median was 44.95.


Rithm Capital Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Rithm Capital'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.

Rithm Capital Cyclically Adjusted FCF per Share Chart

Rithm Capital 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 - - -1.59 -0.02 0.05

Rithm Capital 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 -0.02 0.23 0.22 0.23 0.05

Competitive Comparison of Rithm Capital's Cyclically Adjusted FCF per Share

For the REIT - Mortgage subindustry, Rithm Capital'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.


Rithm Capital's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Rithm Capital's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Rithm Capital 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, Rithm Capital'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)
=-1.169/129.4194*129.4194
=-1.169

Current CPI (Dec. 2023) = 129.4194.

Rithm Capital Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.131 99.695 -0.170
201406 -0.059 100.560 -0.076
201409 -3.212 100.428 -4.139
201412 1.540 99.070 2.012
201503 -0.271 99.621 -0.352
201506 2.083 100.684 2.677
201509 -0.681 100.392 -0.878
201512 -0.768 99.792 -0.996
201603 0.730 100.470 0.940
201606 0.742 101.688 0.944
201609 0.689 101.861 0.875
201612 0.211 101.863 0.268
201703 -4.796 102.862 -6.034
201706 -0.448 103.349 -0.561
201709 -2.208 104.136 -2.744
201712 -1.151 104.011 -1.432
201803 0.427 105.290 0.525
201806 -1.692 106.317 -2.060
201809 -1.804 106.507 -2.192
201812 -3.810 105.998 -4.652
201903 -1.475 107.251 -1.780
201906 -7.187 108.070 -8.607
201909 -0.295 108.329 -0.352
201912 1.522 108.420 1.817
202003 2.150 108.902 2.555
202006 3.322 108.767 3.953
202009 -2.184 109.815 -2.574
202012 -0.052 109.897 -0.061
202103 -1.170 111.754 -1.355
202106 -1.107 114.631 -1.250
202109 0.671 115.734 0.750
202112 7.338 117.630 8.073
202203 8.029 121.301 8.566
202206 3.139 125.017 3.250
202209 2.886 125.227 2.983
202212 0.297 125.222 0.307
202303 2.446 127.348 2.486
202306 0.105 128.729 0.106
202309 0.899 129.860 0.896
202312 -1.169 129.419 -1.169

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


Rithm Capital  (NYSE:RITM) 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.

Rithm Capital's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=11.21/0.05
=224.20

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of Rithm Capital was 224.20. The lowest was 33.91. And the median was 44.95.


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.


Rithm Capital Cyclically Adjusted FCF per Share Related Terms

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


Rithm Capital (Rithm Capital) Business Description

Industry
Address
799 Broadway, New York, NY, USA, 10003
Rithm Capital Corp operates as a real estate investment trust that provides capital and services to the real estate and financial services industries. The company's mission is to generate attractive risk-adjusted returns in all interest rate environments through a complementary portfolio of investments and operating businesses. Rithm Capital's investment portfolio is composed of mortgage servicing related assets (full and excess MSRs and servicer advances), residential securities (and associated call rights) and loans (including single family rental), and consumer loans.
Executives
Peggy Hwan Hebard director 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Philip M Sivin officer: Chief Legal Officer RESURGENCE ASSET MANAGEMENT LLC, 10 NEW KING STREET, WHITE PLAINS NY 10604
Le Melle Patrice M director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Alan L. Tyson director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Andrew Sloves director 799 BROADWAY, NEW YORK NY 10003
Pamela F Lenehan director C/O AVID TECHNOLOGY, INC., ONE PARK WEST, TEWKSBURY MA 01876
Robert Mcginnis director 2002 SUMMIT BLVD., 6TH FLOOR, ATLANTA GA 30319
Nicola Jr Santoro officer: CFO and Treasurer C/O FXCM INC, 55 WATER STREET, NEW YORK NY 10041
David Saltzman director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Nierenberg director, officer: CEO and President 799 BROADWAY, NEW YORK NY 10003
David Schneider officer: Chief Accounting Officer 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Wesley R Edens director 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Home Loan Servicing Solutions, Ltd. 10 percent owner C/O INTERTRUST CORP SERVICES CAYMAN LTD, 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9005
Kevin J Finnerty director 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Susan Givens officer: CFO and Treasurer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105