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FirstCash Holdings (FirstCash Holdings) Cyclically Adjusted Revenue per Share : $49.04 (As of Mar. 2024)


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What is FirstCash Holdings Cyclically Adjusted Revenue 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

FirstCash Holdings's adjusted revenue per share for the three months ended in Mar. 2024 was $18.428. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $49.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, FirstCash Holdings's average Cyclically Adjusted Revenue Growth Rate was 13.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 13.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 13.30% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of FirstCash Holdings was 16.10% per year. The lowest was 8.20% per year. And the median was 13.55% per year.

As of today (2024-06-08), FirstCash Holdings's current stock price is $112.47. FirstCash Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $49.04. FirstCash Holdings's Cyclically Adjusted PS Ratio of today is 2.29.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of FirstCash Holdings was 4.90. The lowest was 1.63. And the median was 2.59.


FirstCash Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for FirstCash Holdings's Cyclically Adjusted Revenue 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.

FirstCash Holdings Cyclically Adjusted Revenue per Share Chart

FirstCash Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.99 31.70 36.14 41.72 47.10

FirstCash Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue 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 43.38 44.87 46.22 47.10 49.04

Competitive Comparison of FirstCash Holdings's Cyclically Adjusted Revenue per Share

For the Credit Services subindustry, FirstCash Holdings's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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.


FirstCash Holdings's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, FirstCash Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where FirstCash Holdings's Cyclically Adjusted PS Ratio falls into.



FirstCash Holdings Cyclically Adjusted Revenue 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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, FirstCash Holdings's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=18.428/131.7762*131.7762
=18.428

Current CPI (Mar. 2024) = 131.7762.

FirstCash Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.635 100.560 7.384
201409 6.075 100.428 7.971
201412 7.041 99.070 9.365
201503 6.150 99.621 8.135
201506 5.900 100.684 7.722
201509 6.007 100.392 7.885
201512 6.824 99.792 9.011
201603 6.487 100.470 8.508
201606 6.443 101.688 8.349
201609 7.541 101.861 9.756
201612 9.449 101.863 12.224
201703 9.247 102.862 11.846
201706 8.628 103.349 11.001
201709 9.134 104.136 11.558
201712 10.174 104.011 12.890
201803 9.677 105.290 12.111
201806 9.324 106.317 11.557
201809 9.744 106.507 12.056
201812 10.955 105.998 13.619
201903 10.711 107.251 13.160
201906 10.311 108.070 12.573
201909 10.482 108.329 12.751
201912 11.655 108.420 14.166
202003 11.105 108.902 13.438
202006 9.938 108.767 12.040
202009 8.665 109.815 10.398
202012 9.489 109.897 11.378
202103 9.936 111.754 11.716
202106 9.548 114.631 10.976
202109 9.865 115.734 11.232
202112 12.025 117.630 13.471
202203 13.661 121.301 14.841
202206 13.634 125.017 14.371
202209 14.294 125.227 15.042
202212 16.110 125.222 16.953
202303 16.470 127.348 17.043
202306 16.433 128.729 16.822
202309 17.329 129.860 17.585
202312 18.715 129.419 19.056
202403 18.428 131.776 18.428

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


FirstCash Holdings  (NAS:FCFS) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

FirstCash Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=112.47/49.04
=2.29

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of FirstCash Holdings was 4.90. The lowest was 1.63. And the median was 2.59.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


FirstCash Holdings Cyclically Adjusted Revenue per Share Related Terms

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


FirstCash Holdings (FirstCash Holdings) Business Description

Traded in Other Exchanges
Address
1600 West 7th Street, Fort Worth, TX, USA, 76102
FirstCash Holdings Inc operates pawn stores in the United States and Latin America. Its primary business involves making small loans secured by personal property. These pawn loans give the borrower the option of either repaying the loans with interest or forfeiting the property without further penalty. Close to 30% of total company revenue comes from interest earned on the loans. Close to 70% of total revenue comes from reselling forfeited property in the company's retail stores. Revenue is split almost equally between loans made in the United States, where the company has more than 300 retail locations, and loans made in Latin America, where the company has over 700 locations in Mexico and several more in Guatemala.
Executives
R Douglas Orr officer: EVP & Chief Financial Officer 1600 WEST 7TH STREET, FORT WORTH TX 76102
Douglas Richard Rippel director, 10 percent owner 8425 MYSTIC LAKES, MAIZE KS 67101
Randel G Owen director C/O EMERGENCY MEDICAL SERVICES CORP, 6200 SOUTH SYRACUSE WAY, GREENWOOD VILLAGE CO 80111
Howard F Hambleton officer: AFF President 1660 WEST 7TH ST., FORT WORTH TX 76102
Raul Ramos officer: SVP Latin American Operations 1600 WEST 7TH STREET, FORT WORTH TX 76102
James H Graves director ERWIN GRAVES & ASSOCIATES, 2100 MCKINNEY AVE STE 900, DALLAS TX 75205
Marthea Davis director 1600 WEST 7TH ST., FORT WORTH TX 76102
Douglas R. Rippel Revocable Trust 10 percent owner 7570 W. 21ST STREET N, BUILDING 1010, SUITE C, WICHITA KS 67205
Aff Services, Inc. 10 percent owner 7570 W. 21ST STREET N, BUILDING 1010, SUITE C, WICHITA KS 67205
Paula K Garrett director 1600 WEST 7TH ST, FORT WORTH TX 76102
Mikel D Faulkner director 180 STATE STREET 200, SOUTHLAKE TX 76092
Daniel R Feehan director CASH AMERICA INTL INC, 1600 W &TH ST, FORT WORTH TX 76102
Thomas Brent Stuart officer: President and COO 1600 W. 7TH STREET, FORT WORTH TX 76102
Anna M Alvarado officer: General Counsel 1600 WEST 7TH STREET, FORT WORTH TX 76102
Daniel E Berce director 801 CHERRY STREET, SUITE 3900, C/O GM FINANCIAL COMPANY, INC., FORT WORTH TX 76102

FirstCash Holdings (FirstCash Holdings) Headlines

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