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Lojas Renner (BSP:LREN3) Cyclically Adjusted Price-to-FCF : 25.64 (As of May. 14, 2024)


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What is Lojas Renner Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), Lojas Renner's current share price is R$15.13. Lojas Renner's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$0.59. Lojas Renner's Cyclically Adjusted Price-to-FCF for today is 25.64.

The historical rank and industry rank for Lojas Renner's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:LREN3' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 23.48   Med: 101.93   Max: 160.61
Current: 25.4

During the past years, Lojas Renner's highest Cyclically Adjusted Price-to-FCF was 160.61. The lowest was 23.48. And the median was 101.93.

BSP:LREN3's Cyclically Adjusted Price-to-FCF is ranked worse than
73.62% of 436 companies
in the Retail - Cyclical industry
Industry Median: 13.01 vs BSP:LREN3: 25.40

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.

Lojas Renner's adjusted free cash flow per share data for the three months ended in Dec. 2023 was R$0.702. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is R$0.59 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lojas Renner Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lojas Renner's Cyclically Adjusted Price-to-FCF 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.

Lojas Renner Cyclically Adjusted Price-to-FCF Chart

Lojas Renner Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 148.76 142.55 73.83 53.26 29.30

Lojas Renner Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 53.26 38.60 45.48 25.70 29.30

Competitive Comparison of Lojas Renner's Cyclically Adjusted Price-to-FCF

For the Department Stores subindustry, Lojas Renner'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.


Lojas Renner's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

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



Lojas Renner Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Lojas Renner's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.13/0.59
=25.64

* 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.

Lojas Renner's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Lojas Renner'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)
=0.702/156.2729*156.2729
=0.702

Current CPI (Dec. 2023) = 156.2729.

Lojas Renner Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.048 90.447 -0.083
201406 0.120 91.838 0.204
201409 -0.107 92.602 -0.181
201412 0.167 94.194 0.277
201503 -0.106 97.799 -0.169
201506 0.126 100.006 0.197
201509 0.026 101.392 0.040
201512 0.186 104.247 0.279
201603 0.019 106.979 0.028
201606 0.238 108.851 0.342
201609 0.042 109.986 0.060
201612 0.253 110.802 0.357
201703 -0.198 111.869 -0.277
201706 0.324 112.115 0.452
201709 -0.143 112.777 -0.198
201712 0.347 114.068 0.475
201803 -0.311 114.868 -0.423
201806 0.158 117.038 0.211
201809 -0.010 117.881 -0.013
201812 0.389 118.340 0.514
201903 -0.171 120.124 -0.222
201906 0.476 120.977 0.615
201909 0.330 121.292 0.425
201912 0.318 123.436 0.403
202003 -0.418 124.092 -0.526
202006 -0.203 123.557 -0.257
202009 0.120 125.095 0.150
202012 0.569 129.012 0.689
202103 -0.075 131.660 -0.089
202106 -0.565 133.871 -0.660
202109 0.610 137.913 0.691
202112 0.287 141.992 0.316
202203 -0.092 146.537 -0.098
202206 0.255 149.784 0.266
202209 0.026 147.800 0.027
202212 0.255 150.207 0.265
202303 0.017 153.352 0.017
202306 0.424 154.519 0.429
202309 0.707 155.464 0.711
202312 0.702 156.273 0.702

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


Lojas Renner  (BSP:LREN3) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Lojas Renner Cyclically Adjusted Price-to-FCF Related Terms

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


Lojas Renner (BSP:LREN3) Business Description

Traded in Other Exchanges
Address
Avenida Joaquim Porto Villanova, 401, Porto Alegre, RS, BRA, 91410-400
Lojas Renner SA is a retailer that operates stores under brand names including Renner, Camicado, and Youcom. Renner and Youcom stores sell clothing, sports articles, accessories, and cosmetics. Camicado sells houseware and home decor products, including appliances, towels and linen, and kitchen products. Lojas retail segment provides the vast majority of the company's revenue. The company also has a financial products segment that offers credit cards to its customers. Nearly all of the company's stores and sales are in Brazil.

Lojas Renner (BSP:LREN3) Headlines

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