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Rush Enterprises (Rush Enterprises) Cyclically Adjusted FCF per Share : $1.35 (As of Dec. 2023)


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What is Rush Enterprises 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.

Rush Enterprises's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.059. 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 $1.35 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Rush Enterprises's average Cyclically Adjusted FCF Growth Rate was -0.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 31.70% 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 Rush Enterprises was 31.70% per year. The lowest was -9.70% per year. And the median was 11.70% per year.

As of today (2024-04-29), Rush Enterprises's current stock price is $44.54. Rush Enterprises's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.35. Rush Enterprises's Cyclically Adjusted Price-to-FCF of today is 32.99.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Rush Enterprises was 139.81. The lowest was 20.22. And the median was 32.88.


Rush Enterprises Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Rush Enterprises'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.

Rush Enterprises Cyclically Adjusted FCF per Share Chart

Rush Enterprises 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 -0.21 0.51 1.18 1.39 1.35

Rush Enterprises 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 1.40 1.47 1.45 1.35 -

Competitive Comparison of Rush Enterprises's Cyclically Adjusted FCF per Share

For the Auto & Truck Dealerships subindustry, Rush Enterprises'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.


Rush Enterprises's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Rush Enterprises's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Rush Enterprises 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, Rush Enterprises'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)
=0.059/129.4194*129.4194
=0.059

Current CPI (Dec. 2023) = 129.4194.

Rush Enterprises Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.661 99.695 -0.858
201406 -0.101 100.560 -0.130
201409 -0.259 100.428 -0.334
201412 -0.847 99.070 -1.106
201503 -1.941 99.621 -2.522
201506 0.835 100.684 1.073
201509 -0.528 100.392 -0.681
201512 0.110 99.792 0.143
201603 0.513 100.470 0.661
201606 0.658 101.688 0.837
201609 1.319 101.861 1.676
201612 1.069 101.863 1.358
201703 -0.018 102.862 -0.023
201706 0.575 103.349 0.720
201709 -0.212 104.136 -0.263
201712 -0.952 104.011 -1.185
201803 0.751 105.290 0.923
201806 0.047 106.317 0.057
201809 -0.517 106.507 -0.628
201812 -0.562 105.998 -0.686
201903 -1.164 107.251 -1.405
201906 -1.013 108.070 -1.213
201909 2.095 108.329 2.503
201912 1.625 108.420 1.940
202003 1.064 108.902 1.264
202006 2.971 108.767 3.535
202009 1.732 109.815 2.041
202012 1.681 109.897 1.980
202103 0.083 111.754 0.096
202106 1.681 114.631 1.898
202109 1.880 115.734 2.102
202112 -0.703 117.630 -0.773
202203 -0.128 121.301 -0.137
202206 -0.441 125.017 -0.457
202209 0.670 125.227 0.692
202212 0.510 125.222 0.527
202303 0.024 127.348 0.024
202306 -0.879 128.729 -0.884
202309 -0.072 129.860 -0.072
202312 0.059 129.419 0.059

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


Rush Enterprises  (NAS:RUSHB) 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.

Rush Enterprises's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=44.54/1.35
=32.99

* 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 Rush Enterprises was 139.81. The lowest was 20.22. And the median was 32.88.


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.


Rush Enterprises Cyclically Adjusted FCF per Share Related Terms

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


Rush Enterprises (Rush Enterprises) Business Description

Traded in Other Exchanges
Address
555 IH-35 South, Suite 500, New Braunfels, TX, USA, 78130
Rush Enterprises Inc is a full-service, integrated retailer of commercial vehicles and related services. The company operates in a single segment; Truck Segment includes the operation of a network of commercial vehicle dealerships under the name Rush Truck Centers. It sells commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, IC Bus, and Blue Bird and also provides one-stop service for the needs of commercial vehicle customers, including retail sales of new and used commercial vehicles, aftermarket parts sales, service and repair facilities, financing, leasing and rental, and insurance products. The company's business is concentrated in the United States commercial vehicle markets and related aftermarkets.