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Renasant (FRA:RN6) Cyclically Adjusted Price-to-FCF : 7.19 (As of May. 28, 2024)


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What is Renasant Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Renasant's current share price is €27.40. Renasant's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.81. Renasant's Cyclically Adjusted Price-to-FCF for today is 7.19.

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

FRA:RN6' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.72   Med: 8.12   Max: 11.6
Current: 7.32

During the past years, Renasant's highest Cyclically Adjusted Price-to-FCF was 11.60. The lowest was 4.72. And the median was 8.12.

FRA:RN6's Cyclically Adjusted Price-to-FCF is ranked better than
50.12% of 830 companies
in the Banks industry
Industry Median: 7.35 vs FRA:RN6: 7.32

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.

Renasant's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €1.005. 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 €3.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Renasant Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Renasant'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.

Renasant Cyclically Adjusted Price-to-FCF Chart

Renasant 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 7.98 8.15 9.68 8.62 8.36

Renasant Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.27 6.32 6.55 8.36 7.57

Competitive Comparison of Renasant's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Renasant'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.


Renasant's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Renasant's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Renasant 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=27.40/3.81
=7.19

* 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.

Renasant's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Renasant's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.005/131.7762*131.7762
=1.005

Current CPI (Mar. 2024) = 131.7762.

Renasant Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.830 100.560 1.088
201409 0.578 100.428 0.758
201412 0.638 99.070 0.849
201503 -1.987 99.621 -2.628
201506 0.693 100.684 0.907
201509 3.374 100.392 4.429
201512 2.666 99.792 3.520
201603 -0.959 100.470 -1.258
201606 0.661 101.688 0.857
201609 2.689 101.861 3.479
201612 0.764 101.863 0.988
201703 1.066 102.862 1.366
201706 -1.013 103.349 -1.292
201709 0.686 104.136 0.868
201712 2.621 104.011 3.321
201803 -1.074 105.290 -1.344
201806 -0.309 106.317 -0.383
201809 1.137 106.507 1.407
201812 1.096 105.998 1.363
201903 2.002 107.251 2.460
201906 -1.578 108.070 -1.924
201909 -0.350 108.329 -0.426
201912 1.925 108.420 2.340
202003 -1.994 108.902 -2.413
202006 2.775 108.767 3.362
202009 -0.208 109.815 -0.250
202012 0.244 109.897 0.293
202103 -0.883 111.754 -1.041
202106 1.408 114.631 1.619
202109 0.553 115.734 0.630
202112 0.774 117.630 0.867
202203 3.299 121.301 3.584
202206 2.358 125.017 2.485
202209 1.955 125.227 2.057
202212 1.796 125.222 1.890
202303 -0.259 127.348 -0.268
202306 -0.463 128.729 -0.474
202309 1.254 129.860 1.273
202312 1.542 129.419 1.570
202403 1.005 131.776 1.005

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.


Renasant  (FRA:RN6) 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.


Renasant Cyclically Adjusted Price-to-FCF Related Terms

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


Renasant (FRA:RN6) Business Description

Industry
Traded in Other Exchanges
Address
209 Troy Street, Tupelo, MS, USA, 38804-4827
Renasant Corp operates as a holding company for Renasant Bank, a Mississippi banking corporation, and its subsidiary, Renasant Insurance, Inc. It has three reportable segments: community banks, insurance, and wealth management. With its community banks segment, the company provides a range of financial services to individuals and small businesses. Its insurance segment is an insurance agency providing commercial and personal insurance through third-party carriers. The wealth management segment provides a range of services including money management and retirement planning. The majority of the company's revenue is driven by lending activities in its community banks segment. Renasant Corporation operates in the southern United States.

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