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Reitmans (Canada) (TSXV:RET.A) Cyclically Adjusted FCF per Share : C$0.68 (As of Jan. 2024)


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What is Reitmans (Canada) 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.

Reitmans (Canada)'s adjusted free cash flow per share for the three months ended in Jan. 2024 was C$0.604. 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 C$0.68 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Reitmans (Canada)'s average Cyclically Adjusted FCF Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 17.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -6.90% 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 Reitmans (Canada) was 30.40% per year. The lowest was -21.50% per year. And the median was -3.10% per year.

As of today (2024-04-28), Reitmans (Canada)'s current stock price is C$2.50. Reitmans (Canada)'s Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was C$0.68. Reitmans (Canada)'s Cyclically Adjusted Price-to-FCF of today is 3.68.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Reitmans (Canada) was 10.47. The lowest was 0.15. And the median was 5.40.


Reitmans (Canada) Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Reitmans (Canada)'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.

Reitmans (Canada) Cyclically Adjusted FCF per Share Chart

Reitmans (Canada) Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.42 0.29 0.65 0.68

Reitmans (Canada) Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.65 0.65 0.68 0.72 0.68

Competitive Comparison of Reitmans (Canada)'s Cyclically Adjusted FCF per Share

For the Apparel Retail subindustry, Reitmans (Canada)'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.


Reitmans (Canada)'s Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Reitmans (Canada)'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Reitmans (Canada)'s Cyclically Adjusted Price-to-FCF falls into.



Reitmans (Canada) 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, Reitmans (Canada)'s adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.604/125.4675*125.4675
=0.604

Current CPI (Jan. 2024) = 125.4675.

Reitmans (Canada) Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.833 98.920 -1.057
201407 0.718 99.315 0.907
201410 0.124 99.473 0.156
201501 0.551 98.209 0.704
201504 -1.036 99.710 -1.304
201507 0.804 100.579 1.003
201510 -0.220 100.500 -0.275
201601 0.484 100.184 0.606
201604 -0.628 101.370 -0.777
201607 0.671 101.844 0.827
201610 -0.145 102.002 -0.178
201701 0.411 102.318 0.504
201704 -0.416 103.029 -0.507
201707 0.448 103.029 0.546
201710 0.152 103.424 0.184
201801 -0.114 104.056 -0.137
201804 -0.072 105.320 -0.086
201807 0.368 106.110 0.435
201810 0.157 105.952 0.186
201901 -0.202 105.557 -0.240
201904 -0.297 107.453 -0.347
201907 0.631 108.243 0.731
201910 -0.051 107.927 -0.059
202001 0.724 108.085 0.840
202004 -0.745 107.216 -0.872
202007 1.137 108.401 1.316
202010 0.257 108.638 0.297
202101 0.047 109.192 0.054
202104 0.062 110.851 0.070
202107 0.635 112.431 0.709
202110 0.134 113.695 0.148
202201 -1.478 114.801 -1.615
202204 0.316 118.357 0.335
202207 0.848 120.964 0.880
202210 0.702 121.517 0.725
202301 0.985 121.596 1.016
202304 -0.513 123.571 -0.521
202307 0.707 124.914 0.710
202310 0.232 125.310 0.232
202401 0.604 125.468 0.604

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


Reitmans (Canada)  (TSXV:RET.A) 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.

Reitmans (Canada)'s Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.50/0.68
=3.68

* 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 Reitmans (Canada) was 10.47. The lowest was 0.15. And the median was 5.40.


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.


Reitmans (Canada) Cyclically Adjusted FCF per Share Related Terms

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


Reitmans (Canada) (TSXV:RET.A) Business Description

Traded in Other Exchanges
Address
155 Wellington Street West, 40th Floor, Toronto, ON, CAN, M5V 3J7
Reitmans (Canada) Ltd is an apparel retailer based in Canada. Its main business is the sale of ladies' specialty apparel to consumers. The product offering comprises Tops, Bottoms, Dresses, Coats and Jackets, Blazers, Lingerie and Sleepwear, among others. It also sells accessories such as Scarves, Bags, Belts, Sunglasses and others. The company operates an e-commerce website shopping for all its banners. Some of its revenue sources are from the sale of merchandise, customer loyalty award programs and sale of gift cards. The group offers its products through the retail banners of Reitmans, Penningtons and RW & CO. The Company's operating segments, operate in the women apparel business, in Canada.

Reitmans (Canada) (TSXV:RET.A) Headlines

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