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Genco Shipping & Trading (Genco Shipping & Trading) Cyclically Adjusted FCF per Share : $-6.09 (As of Dec. 2023)


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What is Genco Shipping & Trading 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.

Genco Shipping & Trading's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-1.138. 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 $-6.09 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 28.70% 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 Genco Shipping & Trading was 39.50% per year. The lowest was 13.20% per year. And the median was 24.60% per year.

As of today (2024-04-28), Genco Shipping & Trading's current stock price is $21.55. Genco Shipping & Trading's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-6.09. Genco Shipping & Trading's Cyclically Adjusted Price-to-FCF of today is .


Genco Shipping & Trading Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Genco Shipping & Trading'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.

Genco Shipping & Trading Cyclically Adjusted FCF per Share Chart

Genco Shipping & Trading 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 -31.87 -9.32 -10.61 -10.28 -6.09

Genco Shipping & Trading 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 -10.28 -9.89 -9.71 -8.54 -6.09

Competitive Comparison of Genco Shipping & Trading's Cyclically Adjusted FCF per Share

For the Marine Shipping subindustry, Genco Shipping & Trading'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.


Genco Shipping & Trading's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Genco Shipping & Trading's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Genco Shipping & Trading's Cyclically Adjusted Price-to-FCF falls into.



Genco Shipping & Trading 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, Genco Shipping & Trading'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)
=-1.138/129.4194*129.4194
=-1.138

Current CPI (Dec. 2023) = 129.4194.

Genco Shipping & Trading Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -4.682 99.695 -6.078
201406 -9.944 100.560 -12.798
201409 -4.185 100.428 -5.393
201412 -4.349 99.070 -5.681
201503 -6.037 99.621 -7.843
201506 -3.045 100.684 -3.914
201509 -4.469 100.392 -5.761
201512 -5.151 99.792 -6.680
201603 -3.847 100.470 -4.955
201606 -1.944 101.688 -2.474
201609 -0.662 101.861 -0.841
201612 -0.885 101.863 -1.124
201703 -0.198 102.862 -0.249
201706 0.149 103.349 0.187
201709 0.138 104.136 0.172
201712 0.586 104.011 0.729
201803 0.269 105.290 0.331
201806 0.408 106.317 0.497
201809 -5.284 106.507 -6.421
201812 0.474 105.998 0.579
201903 0.027 107.251 0.033
201906 -0.166 108.070 -0.199
201909 -0.100 108.329 -0.119
201912 0.456 108.420 0.544
202003 -0.314 108.902 -0.373
202006 -0.279 108.767 -0.332
202009 0.544 109.815 0.641
202012 0.450 109.897 0.530
202103 0.286 111.754 0.331
202106 0.592 114.631 0.668
202109 -0.389 115.734 -0.435
202112 2.177 117.630 2.395
202203 0.130 121.301 0.139
202206 1.007 125.017 1.042
202209 1.184 125.227 1.224
202212 0.784 125.222 0.810
202303 0.382 127.348 0.388
202306 0.407 128.729 0.409
202309 0.292 129.860 0.291
202312 -1.138 129.419 -1.138

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


Genco Shipping & Trading  (NYSE:GNK) 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.


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.


Genco Shipping & Trading Cyclically Adjusted FCF per Share Related Terms

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


Genco Shipping & Trading (Genco Shipping & Trading) Business Description

Traded in Other Exchanges
Address
299 Park Avenue, 12th Floor, New York, NY, USA, 10171
Genco Shipping & Trading Ltd is an international shipping company specializing in the transportation of iron ore, coal, grain, steel products and other drybulk cargoes. It is involved in the ocean transportation of drybulk cargoes. The company operates in one segment, the ocean transportation of drybulk cargoes through the ownership and operation of drybulk carrier vessels. It generates revenue through time charter agreements, spot market voyage charters, pool agreements and spot market-related time charters.
Executives
Peter George Allen officer: Chief Financial Officer GENCO SHIPPING & TRADING LIMITED, 299 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10171
Arthur L Regan director C/O ARLINGTON TANKERS LTD, THE HAYWARD BUILDING 22 BERMUDIANA ROAD, HAMILTON HM 11 D0 --
Jesper Christensen officer: Chief Commercial Officer GENCO SHIPPING & TRADING LIMITED, 299 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10171
Robert E Hughes officer: Chief Operations Officer GENCO SHIPPING & TRADING LIMITED, 299 PARK AVE., 12TH FLOOR, NEW YORK NY 10171
Apostolos Zafolias officer: Chief Financial Officer GENCO SHIPPING & TRADING, 299 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10171
John C Wobensmith officer: Chief Financial Officer 35 WEST 56TH STREET, NEW YORK NY 10019
Joseph Adamo officer: Chief Accounting Officer GENCO SHIPPING & TRADING, 299 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10171
Ccp Ii Cayman Gp Ltd. 10 percent owner 375 PARK AVE, 12TH FLOOR, NEW YORK NY 10152
Centerbridge Credit Partners, L.p. 10 percent owner 375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Karin Y Orsel director HOGELANDSTERWEG 14, FARMSUM P7 9936 BH
Apollo Management Holdings Gp, Llc 10 percent owner 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Strategic Value Partners, Llc 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Daniel Han director GENCO SHIPPING & TRADING LIMITED, 299 PARK AVE., 12TH FLOOR, NEW YORK NY 10171
Kathleen C Haines director P.O. BOX 385, COS COB CT 06807
Christoph O Majeske director 17001 NORTHCHASE DR., STE. 100, HOUSTON TX 77060