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Quest Resource Holding Free Cash Flow per Share

: $-0.12 (TTM As of Mar. 2022)
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Quest Resource Holding's Free Cash Flow per Share for the three months ended in Mar. 2022 was $-0.04. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2022 was $-0.12.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Quest Resource Holding was -135.40% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -19.50% 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 FCF Growth Rate using Free Cash Flow per Share data.

The historical rank and industry rank for Quest Resource Holding's Free Cash Flow per Share or its related term are showing as below:

QRHC' s 3-Year FCF Growth Rate Range Over the Past 10 Years
Min: -19.5   Med: 7.8   Max: 48.2
Current: -19.5

During the past 13 years, Quest Resource Holding's highest 3-Year average Free Cash Flow per Share Growth Rate was 48.20% per year. The lowest was -19.50% per year. And the median was 7.80% per year.

QRHC's 3-Year FCF Growth Rate is ranked worse than
77.55% of 147 companies
in the Waste Management industry
Industry Median: 6.90 vs QRHC: -19.50

Quest Resource Holding Free Cash Flow per Share Historical Data

The historical data trend for Quest Resource Holding's Free Cash Flow 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.

Quest Resource Holding Annual Data
Trend Jun12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Free Cash Flow per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.13 0.18 0.13 0.16 0.09

Quest Resource Holding Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Free Cash Flow per Share 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 Premium Member Only Premium Member Only Premium Member Only 0.20 0.06 -0.10 -0.04 -0.04

Quest Resource Holding Free Cash Flow per Share Calculation

Free Cashflow per Share is the amount of Free Cashflow per outstanding share of the company's stock.

Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company.

Note: GuruFocus does not calculate Free Cash Flow Per Share when Capital Expenditure is 0.

Quest Resource Holding's Free Cash Flow Per Share for the fiscal year that ended in Dec. 2021 is calculated as

Free Cash Flow Per Share(A: Dec. 2021 )
=(Cash Flow from Operations+Capital Expenditure)/Shares Outstanding (Diluted Average)
=(2.566+-0.636)/20.735
=1.93/20.735
=0.09

Quest Resource Holding's Free Cash Flow Per Share for the quarter that ended in Mar. 2022 is calculated as

Free Cash Flow Per Share(Q: Mar. 2022 )
=(Cash Flow from Operations+Capital Expenditure)/Shares Outstanding (Diluted Average)
=(-0.392+-0.323)/19.245
=-0.715/19.245
=-0.04

Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.12

* 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.


Quest Resource Holding  (NAS:QRHC) Free Cash Flow per Share Explanation

Free Cash Flow is very close to Warren Buffett's definition of Owner's Earnings, except that in Warren Buffett's Owner's Earnings, the spending for Property, Plant, and Equipment is only for maintenance (replacement), while in the Free Cash Flow calculation, the cost of new Property, Plant, and Equipment due to business expansion is also deducted. There, Free Cash Flow is more conservative than Owner's Earnings.

In Don Yacktman's calculation of forward rate of return, he uses Free Cash Flow for the calculation. Yacktman explained the forward rate of return concept in detail in his interview with GuruFocus. Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation.

This is what Yacktman said in his March 2012 interview - when the S&P 500 was at 1400:

If the business is stable, this calculation is fairly straightforward. For instance, on the S&P 500 we would normalize earnings. We would then calculate what percentage of those earnings are not reinvested in the underlying businesses and are therefore free. Historically, for the S&P 500, this has been just under 50% of earnings. Currently, we expect the S&P to earn about 70 on a normalized basis, a number which is far below reported earnings due to our adjusting for record high profit margins. $70 X ½ / 1400 gives you a normalized free cash flow yield of approximately 2.5%.

The historical real growth rate of the S&P 500 (companies) is about 1.5%. Assuming an inflation rate of 2.5%, the forward rate of return on an investment in the S&P 500 is about 6.5% today (2.5% free cash flow yield plus 1.5% real growth plus 2.5% inflation).

For the growth part of the Forward Rate of Return calculation, GuruFocus uses the 5-year average growth rate of EBITDA per share as the growth rate, and the growth rate is always capped at 20%. For the Free Cash Flow we use per share data averaged over seven years. The reason we use seven years is because research shows that seven years is the length of the typical business cycle.

Therefore, as of Dec21, Quest Resource Holding's Forward Rate of Return (Yacktman) % is

Forward Rate of Return (Yacktman) % (Dec21)=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0/6.15+0
=0.00 %

* 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.


Be Aware

Free Cash Flow within a report period can be affected by management's decisions of capital spending. Therefore, it is important to look at long term when it comes to Free Cash Flow.


Quest Resource Holding Free Cash Flow per Share Related Terms

Thank you for viewing the detailed overview of Quest Resource Holding's Free Cash Flow per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Quest Resource Holding Business Description

Quest Resource Holding logo
Traded in Other Exchanges
Address
3481 Plano Parkway, The Colony, TX, USA, 75056
Quest Resource Holding Corp is a national provider of waste and recycling services to customers from across multiple industry sectors that are typically larger, multi-location businesses. The company creates customer-specific programs and perform the related services for the collection, processing, recycling, disposal, and tracking of waste streams and recyclables. The company's services focus on the waste streams and recyclables from big box, grocers, and other specialty retailers; automotive after-market operations such as automotive maintenance, quick lube, dealerships, and collision repair; transportation, logistics, and fleet operators; manufacturing and industrial facilities; multi-family and commercial properties; restaurant chains and food operations.
Executives
Culpepper Glenn director 6363 S FIDDLER'S GREEN CIRCLE GREENWOOD VILLAGE CO 80111
Allred Alan D. officer: See Remarks C/O QUEST RESOURCE HOLDING CORPORATION 3481 PLANO PARKWAY THE COLONY TX 75056
Coskery Stephen officer: See Remarks C/O QUEST RESOURCE HOLDING CORPORATION 3481 PLANO PARKWAY THE COLONY TX 75056
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE SUITE 509 NEW YORK NY 10123
Wynnefield Small Cap Value Offshore Fund Ltd 10 percent owner 450 SEVENTH AVE STE 509 NEW YORK NY 10123
Wynnefield Capital Inc 10 percent owner 450 SEVENTH AVE STE 509 NEW YORK NY 10123
Landes Joshua 10 percent owner
Kitt Barry M 10 percent owner
Obus Nelson 10 percent owner
Wynnefield Capital Management Llc 10 percent owner 450 SEVENTH AVE STE 509 NEW YORK NY 10123
Wynnefield Capital, Inc. Profit Sharing Plan 10 percent owner 450 SEVENTH AVENUE SUITE 509 NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I 10 percent owner 450 SEVENTH AVENUE SUITE 509 NEW YORK NY 10123
Wadecki Isabell Marie director
Knittel Russell J director C/O SYNAPTICS INCORP 1251 MCKAY DRIVE SAN JOSE CA 95131
Golden Michael F director 2100 ROOSEVELT AVENUE SPRINGFIELD MA 01104

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