GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Textainer Group Holdings Ltd (NYSE:TGH) » Definitions » Cyclically Adjusted FCF per Share

Textainer Group Holdings (Textainer Group Holdings) Cyclically Adjusted FCF per Share : $-5.10 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Textainer Group Holdings 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.

Textainer Group Holdings's adjusted free cash flow per share for the three months ended in Dec. 2023 was $3.520. 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 $-5.10 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.60% 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 Textainer Group Holdings was 11.40% per year. The lowest was -10.20% per year. And the median was -0.40% per year.

As of today (2024-04-27), Textainer Group Holdings's current stock price is $49.99. Textainer Group Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-5.10. Textainer Group Holdings's Cyclically Adjusted Price-to-FCF of today is .


Textainer Group Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Textainer Group Holdings'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.

Textainer Group Holdings Cyclically Adjusted FCF per Share Chart

Textainer Group Holdings 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 -7.11 -7.33 -9.33 -7.20 -5.10

Textainer Group Holdings 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 -7.20 -6.63 -6.23 -5.76 -5.10

Competitive Comparison of Textainer Group Holdings's Cyclically Adjusted FCF per Share

For the Rental & Leasing Services subindustry, Textainer Group Holdings'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.


Textainer Group Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Textainer Group Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Textainer Group Holdings's Cyclically Adjusted Price-to-FCF falls into.



Textainer Group Holdings 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, Textainer Group Holdings'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)
=3.52/129.4194*129.4194
=3.520

Current CPI (Dec. 2023) = 129.4194.

Textainer Group Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.803 99.695 -2.341
201406 -0.444 100.560 -0.571
201409 -1.845 100.428 -2.378
201412 -3.850 99.070 -5.029
201503 -1.759 99.621 -2.285
201506 -1.623 100.684 -2.086
201509 0.435 100.392 0.561
201512 0.126 99.792 0.163
201603 -1.305 100.470 -1.681
201606 -0.173 101.688 -0.220
201609 -1.482 101.861 -1.883
201612 -1.061 101.863 -1.348
201703 0.666 102.862 0.838
201706 0.964 103.349 1.207
201709 0.808 104.136 1.004
201712 -2.105 104.011 -2.619
201803 -3.053 105.290 -3.753
201806 -2.202 106.317 -2.680
201809 -0.040 106.507 -0.049
201812 -4.058 105.998 -4.955
201903 -0.212 107.251 -0.256
201906 -1.925 108.070 -2.305
201909 -0.067 108.329 -0.080
201912 1.550 108.420 1.850
202003 1.107 108.902 1.316
202006 1.359 108.767 1.617
202009 -2.284 109.815 -2.692
202012 -7.157 109.897 -8.428
202103 -3.489 111.754 -4.041
202106 -10.066 114.631 -11.365
202109 -12.243 115.734 -13.691
202112 -3.285 117.630 -3.614
202203 -0.334 121.301 -0.356
202206 3.017 125.017 3.123
202209 0.552 125.227 0.570
202212 4.313 125.222 4.458
202303 3.295 127.348 3.349
202306 3.087 128.729 3.104
202309 3.076 129.860 3.066
202312 3.520 129.419 3.520

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


Textainer Group Holdings  (NYSE:TGH) 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.


Textainer Group Holdings Cyclically Adjusted FCF per Share Related Terms

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


Textainer Group Holdings (Textainer Group Holdings) Business Description

Address
16 Par-La-Ville Road, Century House, Hamilton, BMU, HM 08
Textainer Group Holdings Ltd is an intermodal container leasing company providing customers globally, including international shipping lines and other leases. The company's operating segments are Container Ownership, Container Management, and Container Resale. Its geographical segments are Asia, Europe, North/South America, and other international countries. Textainer generates the majority of its revenue from lease rental income.