GuruFocus Manual of Stocks™  |  May 20, 2022
Rent-A-Center Inc (NAS:RCII)
www.gurufocus.com/stock/NAS:RCII
Rent-A-Center Inc (NAS:RCII)
[1]
Significantly Undervalued[5]$ 25.64
GF Score: 81/100Market Cap: $ 1,516 Mil
Industry: Industrials - Business Services
Rent-A-Center Inc is prevalent in the rental business in North America. It offers durable products, such as consumer electronics, appliances, computers and smartphones.
GF Value Rank
Rank: 8 /10CurrentIndustry MedianHistorical Median
PE Ratio20.0317.6313.80
Forward P/E4.3314.27N/A
PB Ratio2.901.821.73
PS Ratio0.351.210.51
P/FCF3.9215.439.59
Shiller P/EN/A20.8214.99
PEG Ratio1.421.692.25
Valuation Analysis
Current% of Price
NCAV-34.36-134
Tangible Book-2.87-11
Peter Lynch Value23.7693
Price25.64
Median PS Value37.03144
EPV40.42158
GF Value46.66182
Dividend & Ownership
Dividend Yield (TTM) %5.08
Dividend Yield (Forward) %5.30
Dividend Payout Ratio1.00
Dividend Growth (5Y) %N/A
Yield on Cost (5Y) %5.08
Continuous Div. since2019
Insider Ownership %4.03
Institution Ownership %84.89
Financial Strength
Rank: 5 /10CurrentIndustry MedianHistorical Median
Cash-to-Debt0.061.010.11
Equity-to-Asset0.190.490.43
Interest Coverage2.8516.624.04
Piotroski F-Score666
Profitability Rank
Rank: 7 /10CurrentIndustry MedianHistorical Median
Operating Margin %4.715.736.13
Net Margin %1.873.863.00
ROE %12.758.338.14
ROA %2.963.613.73
ROC (Joel Greenblatt) %11.6418.8114.46
Growth Rank(* per share data)
Rank: 7 /1010-Yr5-Yr1-Yr
Revenue Growth %0.73.039.0
EBITDA Growth %N/A14.152.3
Oprt. Income Growth %N/AN/A-25.1
EPS w/o NRI Growth %N/AN/A-63.3
FCF Growth %N/A11.435.3
Book Value Growth %-13.315.1-21.0
Momentum Rank
Rank: 4 /10CurrentIndustry MedianHistorical Median
5-Day RSI35.0047.64N/A
9-Day RSI43.8645.43N/A
14-Day RSI46.4845.20N/A
6-1M Momentum %-42.56-8.43N/A
12-1M Momentum %-53.30-4.93N/A
Quarterly
Mar21Jun21Sep21Dec21Mar22
Revenue1,0371,1941,1811,1711,160
Net Income42.5561.3121.279.81-4.24
EPS0.640.900.310.15-0.08
Revenue YoY %47.7074.6265.9063.4911.86
Net Income YoY %-13.6759.27-66.79-82.57-109.96
EPS YoY %-27.2728.57-73.04-85.00-112.50
Warning Signs
SEVERESloan Ratio: Poor quality of earnings
SEVEREGross Margin %: Declined
SEVEREAsset Growth: faster than revenue growth
Good Signs
GOODBeneish M-Score: Unlikely manipulator
Insider Trades
InsiderPositionDateTradesCur. Shares
Brown Jeffrey JDirector04/22/2296274,446
Fadel Mitchell ECEO03/01/2240000607,978
Brown Jeffrey JDirector01/13/2255773,484
Blasquez Anthony JEVP, RAC OPS12/08/21-17544,551
Brown Jeffrey JDirector11/08/212433072,927
Hetrick Christopher B.Director11/08/211500028,725
Brown Jeffrey JDirector10/19/2127748,597
Brown Jeffrey JDirector07/13/2128248,320
Fadel Mitchell ECEO06/09/21-27120358,571
Short Maureen BCFO06/09/21-2272579,989
As of 05-20-2022
* All financial numbers are in millions except for per share data, ratios and percentage change.
%GainSP500
1W-4.83-0.73
1M-1.84-12.49
3M-34.31-10.03
6M-42.12-16.39
YTD-45.92-17.75
1Y-51.83-3.96
3Y5.9912.66
5Y21.6112.26
10Y-0.0213.75
65.50
29.10
7.30
6M
3M
2012201320142015201620172018201920202021CurrentPerformance
38.3940.5037.3836.9916.2513.7116.4028.8839.6965.5067.76Highest Stock Price
32.6133.0923.8614.968.937.987.3016.1112.0738.1422.70Lowest Stock Price
1,9941,7581,9247945985928671,5792,0793,1791,516Market Cap
59.455.253.153.153.153.854.556.055.866.853.8Shares Outstanding-Diluted
11.3414.3120.07At LossAt Loss92.50101.199.3010.2723.7820.03PE Ratio
1.361.321.392.072.262.173.033.443.516.192.90PB Ratio
0.660.590.610.240.200.220.330.600.760.700.35PS Ratio
2.592.693.05-8.071.831.881.692.162.582.991.83EV-to-EBITDA
2012201320142015201620172018201920202021TTMPer Share Data
51.7856.0959.4461.8055.7850.1948.7847.7150.4868.5774.53Revenue per Share
3.032.331.81-17.97-1.980.120.163.103.732.021.28Earnings per Share
1.940.47-1.222.835.510.843.663.473.624.946.57Free Cash Flow per Share
0.690.860.930.960.320.16--0.541.181.271.30Dividends per Share
1.92-0.710.223.203.854.034.286.949.47-3.05-2.87Tangible Book per Share
37.4738.8938.1235.1429.0225.1523.7224.4225.4334.5637.03Median PS Value
11.43--2.96----3.303.9322.0028.19----Graham Number
2012201320142015201620172018201920202021TTMIncome Statement
3,0763,0943,1583,2782,9632,7032,6602,6702,8144,5834,706Revenue
2,1372,1532,1842,1181,9351,7191,6881,6441,6722,2352,271Gross Profit
69.5069.6069.1764.6165.3063.5963.4561.5859.4248.7648.24Gross Margin %
1,8241,9051,9911,9561,8501,7821,6321,3901,4351,9542,049Total Operating Expense
313.03248.08193.46162.1184.72-63.0656.14253.86237.34280.54221.54Operating Income
10.188.026.134.942.86-2.332.119.518.436.124.71Operating Margin %
180.02128.7696.42-953.52-105.206.658.49173.55208.12134.9488.15Net Income
5.854.163.05-29.08-3.550.250.326.507.402.941.87Net Margin %
313.87247.82190.20-1,007-66.09-64.2056.81254.81238.10265.18214.89EBIT
1,013978.93957.01-209.39670.53632.78742.40935.48928.471,6521,703EBITDA
12.759.207.08-107.56-32.442.483.0446.5639.6024.4212.75ROE %
6.364.383.07-36.35-5.880.440.6011.6512.495.692.96ROA %
2012201320142015201620172018201920202021Mar22Balance Sheet
61.0942.2746.1360.3695.4072.97155.3970.49159.45108.3395.68Cash & Equivalents
2,8603,0183,2711,9741,6031,4211,3971,5831,7512,9932,777Total Assets
----------------------Short-Term Debt & CLO
687.50916.281,043955.83724.23672.89540.04515.95475.841,8681,702Long-Term Debt & CLO
1,3961,6821,8821,5911,3381,1481,1101,1241,1592,4802,254Total Liabilities
1,4641,3361,389383.59264.93272.44286.52458.96592.08513.28523.06Total Stockholders Equity
1,4641,3361,389383.59264.93272.44286.52458.96592.08513.28523.06Total Equity
2012201320142015201620172018201920202021TTMCashflow Statement
217.90134.3419.11230.99354.07110.53227.51215.42236.50392.30461.80Cash Flow from Operations
-110.73-129.63-96.67-90.08-58.98-63.35-4.6920.76-20.61-1,336-73.40Cash Flow from Investing
-134.46-23.1282.85-124.39-259.71-70.54-140.31-321.63-126.68892.85-415.77Cash Flow from Financing
-26.98-18.813.8514.2435.03-22.4382.42-84.9088.96-51.12-27.34Net Change in Cash
61.0942.2746.1360.3695.4072.97155.3970.49159.45108.3395.68Ending Cash Position
-102.45-108.37-83.79-80.87-61.14-65.46-27.96-21.16-34.55-62.45-67.47Capital Expenditure
115.4525.98-64.67150.12292.9345.07199.54194.26201.96329.85394.33Free Cash Flow
Competitor
TickerCompanyMarket Cap
($M)
PE RatioGF Score
/100
Financial
Strength /10
Profitability
Rank /10
GF Value
Rank /10
Growth
Rank /10
Momentum
Rank /10
TSE:8424Fuyo General Lease Co Ltd1,6836.277936587
SHSE:603300Zhejiang Huatie Emergency Equipment Science & Technology Co Ltd1,55520.0081286103
NAS:RCIIRent-A-Center Inc1,51620.038157874
NYSE:TGHTextainer Group Holdings Ltd1,4675.428138389
NYSE:PRGPROG Holdings Inc1,4278.927477445
GuruFocus Manual of Stocks™  |  May 20, 2022
Rent-A-Center Inc (NAS:RCII)
www.gurufocus.com/stock/NAS:RCII

Financial Strength[2] (Quarterly data, as of Mar. 2022) : Fair (5/10)

0
1
2
3
4
5
6
7
8
9

Cash-to-Debt : 0.06

Cash-to-Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. A high ratio indicates that a company is better able to pay back its debt, and is thus able to take on more debt if necessary.


Equity-to-Asset : 0.19

Equity-to-Asset ratio is calculated as total stockholders equity divided by its total assets. Equity-to-Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity-to-Asset ratio (more leveraged) may have higher ROE % because of the leverage.


Debt-to-Equity : 3.25

A high Debt-to-Equity ratio generally means that a company has been aggressive in financing its growth with debt.


Piotroski F-Score : 6

The Piotroski F-Score is used to determine the strength of a firm's financial position, with 9 being the best and 0 being the worst.

0
1
2
3
4
5
6
7
8
9


WACC : 11.81% vs ROIC : 5.24%

The weighted average cost of capital (WACC) is the rate that a company is expected to pay on average to all its security holders to finance its assets. Return on invested capital (ROIC) measures how well a company generates cash flow relative to the capital it has invested in its business.


Dividend Yield : 5.04%

Dividend yield is a way to measure how much cash flow you are getting for each dollar invested in an equity position.

GuruFocus Manual of Stocks™  |  May 20, 2022
Rent-A-Center Inc (NAS:RCII)
www.gurufocus.com/stock/NAS:RCII

Profitability[3] (Annual data, as of Dec. 2021) : Good (7/10)

0
1
2
3
4
5
6
7
8
9

Revenue : $1,160 Mil vs Net Income : $-4 Mil

Revenue is the amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. Net Income is a company's total profit. Net income is calculated by taking revenues and adjusting for the cost of doing business, depreciation, interest, taxes and other expenses.


Cash & Equivalents : $96 Mil vs Long-Term Debt* : $1,702 Mil

Cash & equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash. Long-Term Debt* consists of loans and obligations lasting over one year.


Operating Margin % : 0.95%

Operating margin % measures how much profit a company makes on a dollar of sales. Operating Margin % is calculated as Operating Income divided by Revenue.


EPS without NRI : $-0.08

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock. In calculating earnings per share without non-recurring items, the dividends of preferred stocks and Non Operating Income need to subtracted from the total net income first.


Dividends per Share : $0.34

Dividends per Share is the amount of dividends that the shareholders of a company receive on a per-share basis. It is calculated using the total dividends paid out to shareholders over one fiscal year and the number of shares outstanding.


Free Cash Flow per Share : $3.51

Free Cash flow per Share is the amount of Free cash flow per outstanding share of the company's stock.

GuruFocus Manual of Stocks™  |  May 20, 2022
Rent-A-Center Inc (NAS:RCII)
www.gurufocus.com/stock/NAS:RCII

Valuation (Quarterly data, as of Mar. 2022)

These valuation metrics should give you a sense of reasonable prices, but be careful with them. Always seek to understand why a valuation is changing over time.


Valuation Chart (Current stock price : $25.64)


PE Ratio without NRI : 19.68

The price-to-earnings ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than regular PE Ratio.


PB Ratio : 2.85

The price-to-book ratio measures the valuation of the stock relative to the underlying asset of the company.


PS Ratio : 0.34

The price-to-sales ratio is a valuation ratio that compares a company’s stock price to its revenues. The price-to-sales ratio is an indicator of the value placed on each dollar of a company’s sales or revenues.


Price-to-Free-Cash-Flow : 3.83

Price-to-free-cash-flow is very similar to the valuation metric of price-to-operating-cash-flow but is considered a more exact measure, owing to the fact that it uses free cash flow, which subtracts capital expenditures from a company's total operating cash flow, thereby reflecting the actual cash flow available to fund non-asset-related growth.


EV-to-EBIT : 14.41

Enterprise value of a company divided by its trailing 12 months earnings before interest and taxes (EBIT).

GuruFocus Manual of Stocks™  |  May 20, 2022
Rent-A-Center Inc (NAS:RCII)
www.gurufocus.com/stock/NAS:RCII

Valuation Bands

In these charts the 10-year valuation bands of the price-to-earnings ratio (PE Ratio), price-to-book ratio (PB Ratio), price-to-sales ratio (PS Ratio) and price-to-operating-cash-flow ratio (POCF) are drawn together with the historical stock prices. For example, the upper line of the PE band is where the stock price would have been if it were always traded at the maximum PE ratio of the past 10 years. The lower line of the PE band is where the stock price would have been if it were always traded at the lowest PE ratio of the past 10 years. It is always better if the stock price is close to the lower line, which indicates a lower valuation.


Historical Price and PE Band


Historical Price and PS Band


Historical Price and PB Band


Historical Price and Price-to-Operating-Cash-Flow (POCF) Band

GuruFocus Manual of Stocks™  |  May 20, 2022
Rent-A-Center Inc (NAS:RCII)
www.gurufocus.com/stock/NAS:RCII

Warning Signs

GuruFocus conducted a thorough checkup using a checklist of 32 items that cover the areas of financial strength, profitability, growth, and valuation of each company. The purpose of Warning Signs is to warn you that the company may have red flags in certain areas, helping to avoid overlooking them. These warning signs do not necessarily mean you should not invest in the stock. But you should be aware of them before you invest.


Severe Warning Signs

Sloan Ratio : Poor quality of earnings

When Sloan Ratio (36.03)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

Gross Margin % : Declined

Rent-A-Center Inc gross margin has been in long term decline. The average rate of decline per year is -4.7%.

Asset Growth : faster than revenue growth

If a company builds asset at 11.9% a year, faster than its revenue growth rate of 3% over the past 5 years, it means that the company may be getting less efficent.

Good Signs

Beneish M-Score : Unlikely manipulator

Beneish M-Score -2.89 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

Dividend Yield % : Close to 5-year high

Rent-A-Center Inc stock dividend yield is close to 5-year high.

PB Ratio : Close to 2-year low

Rent-A-Center Inc stock PB Ratio (=2.97) is close to 2-year low of 2.73

Medium Warning Signs

Altman Z-Score : Grey

Altman Z-score of 2.83 is in grey area. The implies that the company is in some kind of financial stress. If it is below 1.8, the company may faces bankrupcy risk.

Dividend Payout Ratio : Too high

If a company dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Rent-A-Center Inc is 1.00, which seems too high.

ROIC vs. WACC : Return on invested capital is less than weighted average cost of capital.

Companys's return on invested capital is less than weighted average cost of capital. It might not be capital efficient
GuruFocus Manual of Stocks™  |  May 20, 2022
Rent-A-Center Inc (NAS:RCII)
www.gurufocus.com/stock/NAS:RCII

Competitive Comparison


5 Year Price Change Comparison


Financial Strength

CompanyFinancial StrengthCash-to-DebtEquity-to-AssetDebt-to-EquityInterest CoveragePiotroski F-ScoreAltman Z-ScoreBeneish M-ScoreWACC %ROIC %
NYSE:PRGPROG Holdings Inc7/100.300.400.9719.1764.87-2.4814.9816.52
JSE:BAWBarloworld Ltd6/100.780.410.644.6182.180.0013.3110.94
BSP:ARML3Armac Locacao Logistica e Servicos SA5/100.740.351.611.3162.196.757.748.22
BSP:MOVI3Movida Participacoes SA5/100.410.164.281.6051.18-0.808.1511.69
LSE:REDDRedde Northgate PLC5/100.060.510.678.1261.82-2.489.407.25
NAS:RCIIRent-A-Center Inc5/100.060.193.252.8562.83-2.8911.815.24
NAS:HEESH&E Equipment Services Inc4/100.250.154.562.7681.54-2.969.726.93
TSE:8424Fuyo General Lease Co Ltd3/100.160.117.2462.9640.650.000.521.32
XKRX:089860LOTTE Rental Co Ltd2/100.120.203.049.2760.54-2.393.212.77
SHSE:603300Zhejiang Huatie Emergency Equipment Science & Technology Co Ltd2/100.020.351.254.5261.63-2.475.799.71

Profitability

CompanyProfitability RankOperating
Margin %
Net Margin %ROE %ROA %Price-to-Free-Cash-FlowROC (Joel Greenblatt) %3-Year Revenue Growth %3-Year EBITDA Growth %3-Year EPS w/o NRI Growth %
SHSE:603300Zhejiang Huatie Emergency Equipment Science & Technology Co Ltd8/1034.5718.6714.795.6639.3913.9623.1032.600.00
JSE:BAWBarloworld Ltd7/1010.486.6313.605.404.0122.59-9.906.5020.10
NAS:HEESH&E Equipment Services Inc7/1012.976.8629.123.800.0010.73-5.50-1.00-8.00
NYSE:PRGPROG Holdings Inc7/1010.387.1721.3012.799.6146.0311.80-34.7027.50
NAS:RCIIRent-A-Center Inc7/104.711.8712.752.963.9211.6412.0022.00132.90
BSP:ARML3Armac Locacao Logistica e Servicos SA6/1031.5714.637.722.990.0019.11108.70121.90111.40
TSE:8424Fuyo General Lease Co Ltd6/107.345.3211.061.160.002.408.2011.2010.80
XKRX:089860LOTTE Rental Co Ltd6/1010.134.9012.862.0712.635.50-22.00-20.1011.20
BSP:MOVI3Movida Participacoes SA6/1031.7714.9133.125.400.0027.5614.3049.6053.90
LSE:REDDRedde Northgate PLC6/1010.688.5711.015.6114.5010.75-5.10-13.70-6.40

Valuation

CompanyPE RatioPB RatioPS RatioPrice-to-Intrinsic-Value-Projected-FCFPrice-to-Intrinsic-Value-DCF (Earnings Based)Price-to-Median-PS-ValuePrice-to-Peter-Lynch-Fair-ValuePrice-to-Graham-NumberEarnings Yield (Joel Greenblatt) %Forward Rate of Return (Yacktman) %
BSP:MOVI3Movida Participacoes SA5.791.840.900.000.000.000.230.7118.82-27.31
TSE:8424Fuyo General Lease Co Ltd6.270.670.330.000.001.130.540.452.49-38.76
JSE:BAWBarloworld Ltd7.600.970.510.620.001.410.000.6518.586.80
XKRX:089860LOTTE Rental Co Ltd7.891.100.350.000.000.000.000.635.23-58.70
NYSE:PRGPROG Holdings Inc8.922.290.630.470.000.750.001.7114.92-22.20
LSE:REDDRedde Northgate PLC9.180.960.790.930.001.080.000.758.69-2.22
NAS:HEESH&E Equipment Services Inc10.914.011.090.000.001.280.001.926.92-2.99
SHSE:603300Zhejiang Huatie Emergency Equipment Science & Technology Co Ltd20.002.793.760.001.480.001.171.626.1811.61
NAS:RCIIRent-A-Center Inc20.032.900.350.410.000.691.080.006.9033.16
BSP:ARML3Armac Locacao Logistica e Servicos SA65.903.919.630.000.000.000.003.414.230.00
GuruFocus Manual of Stocks™  |  May 20, 2022
Rent-A-Center Inc (NAS:RCII)
www.gurufocus.com/stock/NAS:RCII

Peter Lynch Chart[4]

GuruFocus Manual of Stocks™  |  May 20, 2022
Rent-A-Center Inc (NAS:RCII)
www.gurufocus.com/stock/NAS:RCII

Per Share Data


Per Share Data

Dec06
Dec07
Dec08
Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
TTM Fiscal Period
34.47
41.83
42.93
41.34
41.45
46.57
51.78
56.09
59.44
61.80
55.78
50.19
48.78
47.71
50.48
68.57
74.53
Revenue per Share
10.63
12.38
13.91
13.27
13.24
14.84
17.05
17.75
18.01
-3.95
12.62
11.75
13.61
16.72
16.65
24.71
26.81
EBITDA per Share
3.14
3.04
4.28
4.46
4.58
4.72
5.28
4.49
3.58
-18.99
-1.24
-1.19
1.04
4.55
4.27
3.97
3.23
EBIT per Share
1.46
1.10
2.08
2.52
2.60
2.64
3.03
2.33
1.81
-17.97
-1.98
0.12
0.16
3.10
3.73
2.02
1.28
Earnings per Share (Diluted)
1.46
1.10
2.08
2.52
2.60
2.64
3.03
2.33
1.81
-17.97
-1.98
0.12
0.16
3.10
3.73
2.02
1.28
EPS without NRI
1.63
1.39
4.40
3.47
1.31
2.77
1.95
0.30
-2.04
-20.15
1.73
-0.14
2.42
2.87
2.68
2.68
4.13
Owner Earnings per Share (TTM)
1.46
1.99
4.80
3.93
1.87
2.49
1.94
0.47
-1.22
2.83
5.51
0.84
3.66
3.47
3.62
4.94
6.57
Free Cash Flow per Share
2.65
3.46
5.72
4.96
3.29
4.63
3.67
2.44
0.36
4.35
6.67
2.05
4.17
3.85
4.24
5.87
7.64
Operating Cash Flow per Share
1.32
1.46
1.32
1.55
1.12
1.49
1.05
0.80
0.87
1.14
1.80
1.37
2.90
1.29
2.94
1.64
1.62
Cash per Share
--
--
--
--
0.18
0.54
0.69
0.86
0.93
0.96
0.32
0.16
--
0.54
1.18
1.27
1.30
Dividends per Share
13.44
14.20
16.36
19.00
21.44
23.00
25.23
25.33
26.22
7.23
4.99
5.11
5.35
8.39
10.91
7.76
8.85
Book Value per Share
-4.83
-4.83
-2.85
-0.33
0.44
0.14
1.92
-0.71
0.22
3.20
3.85
4.03
4.28
6.94
9.47
-3.05
-2.87
Tangible Book per Share
18.43
18.88
14.35
10.83
11.10
12.53
11.85
17.37
19.68
18.01
13.63
12.62
10.09
9.43
8.77
28.23
28.77
Total Debt per Share
29.51
14.52
17.65
17.72
32.28
37.00
34.36
33.34
36.32
14.97
11.25
11.10
16.19
28.84
38.29
48.04
25.64
Month End Stock Price

Ratios

Dec06
Dec07
Dec08
Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
TTM Fiscal Period
11.67
8.07
13.78
14.43
13.20
12.05
12.75
9.20
7.08
-108
-32.44
2.48
3.04
46.56
39.60
24.42
12.75
ROE %
5.30
7.91
12.76
15.52
8.74
7.48
9.38
6.97
5.09
-51.96
-14.35
1.14
1.00
13.53
11.28
3.95
4.40
ROE % Adjusted to Book Value
4.40
2.84
5.45
6.79
6.69
5.96
6.36
4.38
3.07
-36.35
-5.88
0.44
0.60
11.65
12.49
5.69
2.96
ROA %
Neg. E
Neg. E
Neg. E
Neg. E
5,955
907
301
350
Neg. E
-1,053
-56.24
3.17
3.82
56.98
46.56
86.40
Neg. E Return-on-Tangible-Equity
8.32
5.41
10.79
13.96
13.53
11.62
12.17
8.17
5.45
-52.19
-6.37
0.46
0.63
12.21
13.10
6.83
4.00
Return-on-Tangible-Asset
31.33
21.35
33.08
51.94
50.64
30.61
24.54
17.84
12.55
-66.31
-4.75
-5.20
5.20
21.99
18.19
16.37
11.64
ROC (Joel Greenblatt) %
11.73
8.86
12.63
14.91
15.03
12.85
12.43
9.42
6.78
-44.01
-4.49
-5.32
5.15
22.09
18.30
13.30
8.64
ROCE %
7.36
6.92
7.90
9.03
9.64
8.32
7.40
5.43
4.32
5.86
4.81
0.28
2.82
15.19
15.19
9.17
5.24
ROIC %
9.71
6.38
5.54
5.24
6.88
5.75
7.10
6.28
6.78
3.44
5.38
3.80
5.29
4.52
8.86
11.24
11.81
WACC %
--
7.43
6.00
3.23
3.79
5.16
4.49
4.94
4.88
4.94
5.62
6.58
7.08
5.88
3.09
6.05
4.66
Effective Interest Rate on Debt %
16.20
15.30
14.44
72.24
73.06
71.21
69.50
69.60
69.17
64.61
65.30
63.59
63.45
61.58
59.42
48.76
48.24
Gross Margin %
9.12
8.36
9.67
10.59
11.81
10.94
10.18
8.02
6.13
4.94
2.86
-2.33
2.11
9.51
8.43
6.12
4.71
Operating Margin %
4.24
2.62
4.84
6.10
6.28
5.67
5.85
4.16
3.05
-29.08
-3.55
0.25
0.32
6.50
7.40
2.94
1.87
Net Margin %
30.84
29.59
32.39
32.10
31.94
31.86
32.93
31.64
30.31
-6.39
22.63
23.41
27.90
35.04
32.99
36.04
36.19
EBITDA Margin %
4.23
4.76
11.18
9.49
4.52
5.34
3.75
0.84
-2.05
4.58
9.89
1.67
7.50
7.28
7.18
7.20
8.38
FCF Margin %
1.37
1.33
0.88
0.57
0.52
0.55
0.47
0.69
0.75
2.49
2.73
2.47
1.89
1.12
0.80
3.64
3.25
Debt-to-Equity
0.34
0.36
0.43
0.51
0.50
0.49
0.51
0.44
0.43
0.19
0.17
0.19
0.21
0.29
0.34
0.17
0.19
Equity-to-Asset
0.47
0.48
0.38
0.29
0.26
0.26
0.24
0.30
0.32
0.48
0.45
0.47
0.39
0.33
0.27
0.62
0.61
Debt-to-Asset
0.66
0.64
0.57
0.49
0.50
0.52
0.49
0.56
0.58
0.81
0.84
0.81
0.80
0.71
0.66
0.83
0.81
Liabilities-to-Assets
16.82
16.57
16.26
80.47
77.77
74.78
75.51
73.27
69.46
80.76
108
114
120
110
100
94.22
76.37
Gross-Profit-to-Asset %
1.04
1.08
1.13
1.11
1.06
1.05
1.09
1.05
1.00
1.25
1.66
1.79
1.89
1.79
1.69
1.93
1.58
Asset Turnover
--
--
--
--
0.07
0.21
0.23
0.37
0.51
--
--
1.33
--
0.17
0.32
0.63
1.00
Dividend Payout Ratio
4.13
4.36
--
--
8.36
7.01
6.00
6.61
7.21
7.71
8.80
9.44
9.57
10.51
11.29
8.62
9.55
Days Sales Outstanding
18.49
16.23
14.34
45.55
55.35
50.84
39.80
42.69
49.18
37.47
36.31
36.83
38.33
50.16
56.60
25.00
23.09
Days Payable
162
148
130
377
396
371
--
--
--
--
--
--
--
--
--
--
-- Days Inventory
147
136
116
331
349
327
-33.80
-36.08
-41.97
-29.76
-27.51
-27.39
-28.76
-39.65
-45.31
-16.38
-13.54
Cash Conversion Cycle
2.26
2.47
2.80
0.97
0.92
0.99
--
--
--
--
--
--
--
--
--
--
-- Inventory Turnover
0.84
0.85
0.86
0.28
0.27
0.29
0.31
0.30
0.31
0.35
0.35
0.36
0.37
0.38
0.41
0.51
0.52
COGS-to-Revenue
0.37
0.34
0.31
0.29
0.29
0.29
--
--
--
--
--
--
--
--
--
--
-- Inventory-to-Revenue
0.04
0.04
0.02
0.03
0.03
0.05
0.03
0.04
0.03
0.03
0.02
0.02
0.01
0.01
0.01
0.01
0.01
Capex-to-Revenue
0.38
0.42
0.22
0.24
0.29
0.42
0.33
0.44
0.43
0.50
0.72
--
0.50
0.08
0.15
0.22
0.31
Capex-to-Operating-Income
0.45
0.42
0.16
0.21
0.43
0.46
0.47
0.81
4.38
0.35
0.17
0.59
0.12
0.10
0.15
0.16
0.15
Capex-to-Operating-Cash-Flow
* All financial numbers are in millions except for per share data, ratios and percentage change. When Return-on-Tangible-Equity displays Neg. E, it means the the tangible equity is negative.
GuruFocus Manual of Stocks™  |  May 20, 2022
Rent-A-Center Inc (NAS:RCII)
www.gurufocus.com/stock/NAS:RCII

Financial Statement

Income Statement

Dec06
Dec07
Dec08
Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
TTM Fiscal Period
2,434
2,906
2,884
2,752
2,732
2,882
3,076
3,094
3,158
3,278
2,963
2,703
2,660
2,670
2,814
4,583
4,706
Revenue
2,040
2,461
2,468
764
736
830
938
941
973
1,160
1,028
984
972
1,026
1,142
2,348
2,436
Cost of Goods Sold
394
445
417
1,988
1,996
2,053
2,137
2,153
2,184
2,118
1,935
1,719
1,688
1,644
1,672
2,235
2,271
Gross Profit
16.20
15.30
14.44
72.24
73.06
71.21
69.50
69.60
69.17
64.61
65.30
63.59
63.45
61.58
59.42
48.76
48.24
Gross Margin %
93.56
186
121
1,694
1,670
1,732
980
1,029
1,051
1,021
958
904
847
773
732
840
857
Selling, General, & Admin. Expense
78.87
15.73
16.64
2.84
3.25
4.67
844
876
940
935
892
878
785
617
703
1,115
1,192
Other Operating Expense
172
202
138
1,697
1,673
1,737
1,824
1,905
1,991
1,956
1,850
1,782
1,632
1,390
1,435
1,954
2,049
Total Operating Expense
222
243
279
291
323
315
313
248
193
162
84.72
-63.06
56.14
254
237
281
222
Operating Income
9.12
8.36
9.67
10.59
11.81
10.94
10.18
8.02
6.13
4.94
2.86
-2.33
2.11
9.51
8.43
6.12
4.71
Operating Margin %
--
6.83
8.86
0.84
0.85
0.63
0.84
0.82
0.95
0.63
0.50
0.79
1.15
3.12
0.77
0.22
0.19
  Interest Income
--
-94.78
-66.24
-26.79
-26.77
-37.23
-32.07
-39.63
-47.84
-49.33
-47.18
-46.00
-42.97
-31.03
-15.33
-70.87
-77.85
  Interest Expense
--
-87.95
-57.38
-25.95
-29.01
-36.61
-31.22
-38.81
-51.11
-48.69
-46.68
-47.14
-42.30
-30.08
-14.56
-86.24
-84.50
Net Interest Income
-57.81
-38.71
-0.16
4.87
-18.94
-24.06
--
-1.07
0.00
-1,170
-151
-0.00
--
-0.00
-0.00
--
0.00
Other Income (Expense)
164
116
221
270
275
255
282
208
142
-1,057
-113
-110
13.84
224
223
194
137
Pre-Tax Income
-61.05
-40.02
-81.72
-103
-103
-91.26
-102
-79.44
-45.93
103
8.08
117
-5.35
-50.24
-14.66
-59.36
-48.88
Tax Provision
37.19
34.41
36.92
37.92
37.53
35.83
36.12
38.16
32.27
9.75
7.13
106
38.65
22.45
6.58
30.55
35.67
Tax Rate %
103
76.27
140
168
172
163
180
129
96.42
-954
-105
6.65
8.49
174
208
135
88.15
Net Income (Continuing Operations)
103
76.27
140
168
172
163
180
129
96.42
-954
-105
6.65
8.49
174
208
135
88.15
Net Income
4.24
2.62
4.84
6.10
6.28
5.67
5.85
4.16
3.05
-29.08
-3.55
0.25
0.32
6.50
7.40
2.94
1.87
Net Margin %
1.48
1.11
2.10
2.54
2.64
2.67
3.06
2.35
1.82
-17.97
-1.98
0.12
0.16
3.19
3.84
2.37
1.51
EPS (Basic)
1.46
1.10
2.08
2.52
2.60
2.64
3.03
2.33
1.81
-17.97
-1.98
0.12
0.16
3.10
3.73
2.02
1.28
EPS (Diluted)
70.61
69.48
67.19
66.57
65.90
61.89
59.41
55.16
53.13
53.05
53.12
53.84
54.54
55.96
55.75
66.84
53.75
Shares Outstanding (Diluted Average)
222
211
288
297
302
292
314
248
190
-1,007
-66.09
-64.20
56.81
255
238
265
215
EBIT
529
649
647
586
571
626
699
731
767
798
737
697
686
681
690
1,387
1,488
Depreciation, Depletion and Amortization
751
860
934
883
872
918
1,013
979
957
-209
671
633
742
935
928
1,652
1,703
EBITDA
30.84
29.59
32.39
32.10
31.94
31.86
32.93
31.64
30.31
-6.39
22.63
23.41
27.90
35.04
32.99
36.04
36.19
EBITDA Margin %
* All financial numbers are in millions except for per share data, ratios and percentage change.
GuruFocus Manual of Stocks™  |  May 20, 2022
Rent-A-Center Inc (NAS:RCII)
www.gurufocus.com/stock/NAS:RCII

Financial Statement

Cashflow Statement

Dec06
Dec07
Dec08
Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
TTM Fiscal Period
103
76.27
140
168
172
163
180
129
96.42
-954
-105
6.65
8.49
174
208
135
88.15
Net Income From Continuing Operations
529
649
647
586
571
626
699
731
767
798
737
697
686
681
690
1,387
1,488
Depreciation, Depletion and Amortization
-1.86
-17.39
-24.57
-34.78
-6.62
-9.22
-13.39
-19.25
-21.82
-19.09
-15.91
-15.74
-14.43
-28.86
-20.67
-25.52
-26.97
  Change In Receivables
-552
-446
-439
-449
-568
-670
--
--
--
--
--
--
--
--
--
--
--   Change In Inventory
-12.85
-6.19
-7.06
-9.42
-124
99.11
1.77
-9.80
-131
31.64
104
-9.62
13.11
3.19
-3.96
-12.77
-6.70
  Change In Prepaid Assets
30.29
-102
-28.40
4.83
21.05
-40.93
10.73
20.79
42.95
-68.67
8.95
-36.54
63.73
-24.92
60.54
-46.46
-92.62
  Change In Payables And Accrued Expense
84.93
-0.94
0.00
-0.00
-0.00
2.49
-684
-768
-797
-622
-524
-487
-570
-647
-738
-1,271
-1,217
  Change In Other Working Capital
-451
-573
-499
-488
-677
-619
-685
-776
-906
-678
-426
-549
-507
-698
-702
-1,356
-1,344
Change In Working Capital
-7.12
11.21
77.54
35.90
95.84
78.11
3.43
24.02
26.80
-145
-32.99
-86.06
6.82
55.26
-6.61
48.32
27.86
Deferred Tax
--
5.05
2.78
3.73
4.12
4.47
8.37
6.46
6.56
9.54
9.21
3.90
5.96
6.96
12.28
148
169
Stock Based Compensation
--
--
--
--
35.11
21.55
12.95
15.66
15.51
1,185
167
15.70
14.61
15.08
14.64
14.40
15.92
Asset Impairment Charge
14.11
71.71
16.70
24.95
15.78
11.49
-1.12
4.28
13.25
14.94
5.93
22.39
13.35
-18.38
19.80
16.29
16.36
Cash Flow from Others
187
240
384
330
216
287
218
134
19.11
231
354
111
228
215
237
392
462
Cash Flow from Operations
-84.41
-102
-61.93
-68.84
-93.01
-133
-102
-108
-83.79
-80.87
-61.14
-65.46
-27.96
-21.16
-34.55
-62.45
-67.47
Purchase Of Property, Plant, Equipment
1.38
4.50
6.14
3.12
0.20
0.21
4.98
19.97
14.47
15.96
5.26
--
--
--
--
--
0.01
Sale Of Property, Plant, Equipment
--
-20.11
-15.70
-7.22
-74.38
-26.75
-13.26
-41.24
-27.35
-25.17
-3.10
-2.53
-2.05
-28.92
-0.70
-1,274
-5.95
Purchase Of Business
--
--
--
--
--
--
--
--
--
15.96
5.26
4.64
25.32
--
--
--
-- Sale Of Business
-657
0.00
0.00
-0.00
0.00
0.00
-0.00
0.00
-0.00
-15.96
-5.26
-0.00
--
70.83
14.64
0.00
0.00
Cash From Other Investing Activities
-740
-118
-71.49
-72.94
-167
-159
-111
-130
-96.67
-90.08
-58.98
-63.35
-4.69
20.76
-20.61
-1,336
-73.40
Cash Flow from Investing
20.10
5.93
--
--
--
--
--
--
--
--
--
--
--
--
--
--
-- Issuance of Stock
-4.69
-83.45
-13.38
-8.83
-84.52
-164
-61.86
-217
--
-0.51
-0.34
-0.23
-0.32
-3.03
-31.84
-411
-399
Repurchase of Stock
568
786
213
186
392
983
607
908
773
531
52.25
348
27.06
305
198
1,780
290
  Issuance of Debt
--
-827
-527
-424
-403
-944
-660
-679
-646
-606
-286
-400
-166
-609
-240
-369
-234
  Payments of Debt
568
-41.20
-314
-238
-11.02
39.28
-53.20
229
127
-74.44
-234
-52.52
-139
-303
-42.00
1,411
56.25
Net Issuance of Debt
--
--
--
--
-7.80
-26.89
-37.87
-46.81
-48.66
-51.01
-25.55
-12.81
--
-13.71
-63.12
-71.51
-75.49
Cash Flow for Dividends
4.29
0.94
3.73
1.81
22.01
41.95
18.47
12.34
4.98
1.57
--
-4.99
-0.70
-1.66
10.28
-35.57
2.05
Other Financing
588
-118
-323
-245
-81.33
-110
-134
-23.12
82.85
-124
-260
-70.54
-140
-322
-127
893
-416
Cash Flow from Financing
57.63
92.34
97.38
87.38
102
70.73
88.07
61.09
42.27
46.13
60.36
95.40
72.97
155
70.49
159
123
Beginning Cash Position
--
--
0.39
2.30
0.95
-0.20
0.31
-0.41
-1.45
-2.30
-0.35
0.93
-0.08
0.56
-0.26
-0.29
0.05
  Effect of Exchange Rate Changes
34.72
5.03
-9.99
14.42
-31.08
17.34
-26.98
-18.81
3.85
14.24
35.03
-22.43
82.42
-84.90
88.96
-51.12
-27.34
Net Change in Cash
92.34
97.38
87.38
102
70.73
88.07
61.09
42.27
46.13
60.36
95.40
72.97
155
70.49
159
108
95.68
Ending Cash Position
-84.41
-102
-61.93
-68.84
-93.01
-133
-102
-108
-83.79
-80.87
-61.14
-65.46
-27.96
-21.16
-34.55
-62.45
-67.47
Capital Expenditure
103
138
322
261
123
154
115
25.98
-64.67
150
293
45.07
200
194
202
330
394
Free Cash Flow
* All financial numbers are in millions except for per share data, ratios and percentage change.
GuruFocus Manual of Stocks™  |  May 20, 2022
Rent-A-Center Inc (NAS:RCII)
www.gurufocus.com/stock/NAS:RCII

Financial Satement

Balance Sheet

Dec06
Dec07
Dec08
Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
TTM Fiscal Period
92.34
97.38
87.38
102
70.73
88.07
61.09
42.27
46.13
60.36
95.40
72.97
155
70.49
159
108
95.68
  Cash And Cash Equivalents
92.34
97.38
87.38
102
70.73
88.07
61.09
42.27
46.13
60.36
95.40
72.97
155
70.49
159
108
95.68
Cash, Cash Equivalents, Marketable Securities
34.68
--
--
--
62.56
48.22
52.82
59.18
65.49
72.93
69.90
69.82
69.65
84.12
90.00
126
121
  Accounts Receivable
--
41.63
51.77
63.44
-8.67
--
--
--
--
-3.61
-0.12
--
--
--
--
--
--   Other Current Receivables
34.68
41.63
51.77
63.44
53.89
48.22
52.82
59.18
65.49
69.32
69.79
69.82
69.65
84.12
90.00
126
121
Total Receivables
--
--
--
--
842
--
--
--
--
--
--
--
--
--
--
--
--   Inventories, Finished Goods
1,056
940
822
754
--
--
--
--
--
--
--
--
--
--
--
--
--   Inventories, Other
1,056
940
822
754
842
--
--
--
--
--
--
--
--
--
--
--
-- Total Inventories
54.07
56.38
59.22
50.68
171
4.10
3.74
4.04
4.86
4.67
3.63
4.03
3.83
4.88
5.44
6.41
5.41
Other Current Assets
1,237
1,136
1,021
970
1,138
140
118
105
116
134
169
147
229
159
255
241
222
Total Current Assets
6.29
5.19
5.19
5.19
5.30
5.30
5.30
6.85
6.85
6.75
6.75
6.75
6.74
--
--
--
--   Land And Improvements
185
207
224
239
259
292
312
326
314
294
274
270
252
208
196
199
--   Buildings And Improvements
248
252
258
238
263
297
329
345
371
421
534
522
516
476
443
641
--   Machinery, Furniture, Equipment
23.45
4.02
10.18
26.92
42.29
55.21
61.86
93.42
80.68
91.54
23.77
10.19
3.54
5.35
7.27
25.29
--   Construction In Progress
--
--
-0.00
0.00
--
1,461
1,547
1,734
1,909
1,825
1,595
1,375
1,258
1,557
1,619
2,341
2,320
  Other Gross PPE
463
468
498
509
570
2,111
2,254
2,504
2,682
2,639
2,433
2,183
2,036
2,246
2,265
3,207
2,320
Gross Property, Plant and Equipment
-245
-246
-289
-304
-346
-870
-937
-1,044
-1,112
-1,171
-1,115
-1,031
-1,003
-963
-931
-1,302
-574
  Accumulated Depreciation
218
222
209
205
225
1,241
1,317
1,461
1,571
1,467
1,318
1,152
1,034
1,283
1,334
1,905
1,746
Property, Plant and Equipment
1,282
1,269
1,267
1,269
1,326
1,351
1,353
1,374
1,378
214
60.56
57.50
57.34
78.98
78.09
715
693
Intangible Assets
1,254
1,255
1,265
1,269
1,320
1,339
1,345
1,365
1,370
206
55.31
56.61
56.85
70.22
70.22
290
290
  Goodwill
3.89
0.00
0.00
-0.00
0.00
69.33
71.96
78.47
206
159
54.99
64.58
76.91
60.93
83.79
132
116
Other Long Term Assets
1,504
1,491
1,476
1,474
1,551
2,661
2,742
2,913
3,155
1,840
1,434
1,274
1,168
1,423
1,496
2,752
2,555
Total Long-Term Assets
2,741
2,627
2,497
2,444
2,688
2,801
2,860
3,018
3,271
1,974
1,603
1,421
1,397
1,583
1,751
2,993
2,777
Total Assets
118
100
93.50
97.16
126
105
99.57
120
142
96.36
108
90.35
114
168
186
136
131
  Accounts Payable
--
--
--
--
--
25.46
27.66
24.74
20.63
20.08
22.56
27.42
54.51
28.40
48.04
49.71
--   Total Tax Payable
--
--
--
--
--
9.47
12.19
12.10
12.74
12.77
4.26
--
--
15.91
17.00
27.80
--   Other Current Payables
351
--
290
265
288
172
159
163
185
179
190
166
162
131
137
157
324
  Current Accrued Expense
469
100
383
362
414
312
299
320
360
308
325
284
330
343
388
370
455
Accounts Payable & Accrued Expense
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--   Short-Term Debt
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
-- Short-Term Debt & Capital Lease Obligation
35.52
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--   Current Deferred Revenue
--
--
87.22
123
219
--
--
--
--
--
--
--
--
--
--
--
--   Current Deferred Taxes Liabilities
35.52
--
87.22
123
219
--
--
--
--
--
--
--
--
--
--
--
-- DeferredTaxAndRevenue
505
100
470
485
633
312
299
320
360
308
325
284
330
343
388
370
455
Total Current Liabilities
1,293
1,259
947
711
701
741
688
916
1,043
956
724
673
540
231
190
1,571
1,401
  Long-Term Debt
--
--
--
--
--
0.11
--
--
--
--
--
--
--
285
285
297
301
  Long-Term Capital Lease Obligation
1,293
1,259
947
711
701
741
688
916
1,043
956
724
673
540
516
476
1,868
1,702
Long-Term Debt & Capital Lease Obligation
1.37
1.33
0.88
0.57
0.52
0.55
0.47
0.69
0.75
2.49
2.73
2.47
1.89
1.12
0.80
3.64
3.25
Debt-to-Equity
--
--
--
--
--
44.97
56.75
54.10
55.35
42.94
40.55
37.78
55.79
38.55
48.03
46.75
-- PensionAndRetirementBenefit
--
9.68
--
--
--
344
353
392
423
284
248
154
185
226
247
196
97.87
NonCurrent Deferred Liabilities
--
310
--
-0.00
-0.00
0.00
0.00
0.00
-0.00
-0.00
-0.00
-0.00
0.00
0.00
0.00
0.00
0.00
Other Long-Term Liabilities
1,293
1,579
947
711
701
1,130
1,097
1,362
1,522
1,283
1,013
865
780
781
771
2,110
1,799
Total Long-Term Liabilities
1,798
1,680
1,418
1,196
1,335
1,442
1,396
1,682
1,882
1,591
1,338
1,148
1,110
1,124
1,159
2,480
2,254
Total Liabilities
1.04
1.05
1.05
1.05
1.06
1.08
1.09
1.09
1.09
1.09
1.10
1.10
1.10
1.11
1.11
1.07
1.07
Common Stock
994
1,070
1,208
1,377
1,541
1,669
1,806
1,880
1,927
923
801
799
806
948
1,091
1,144
1,119
Retained Earnings
--
--
0.39
2.30
3.25
-0.75
2.03
0.01
-4.65
-11.04
-16.23
-10.99
-11.27
-10.67
-11.40
-12.37
-11.71
Accumulated other comprehensive income (loss)
662
674
681
687
713
758
785
802
813
818
827
831
838
870
887
1,147
1,180
Additional Paid-In Capital
-714
-798
-811
-820
-904
-1,068
-1,130
-1,348
-1,348
-1,348
-1,348
-1,348
-1,348
-1,349
-1,376
-1,766
-1,766
Treasury Stock
--
-0.00
--
-0.00
--
0.00
-0.00
--
-0.00
-0.00
-0.00
--
-0.00
0.00
-0.00
--
0.00
Other Stockholders Equity
943
947
1,079
1,248
1,354
1,359
1,464
1,336
1,389
384
265
272
287
459
592
513
523
Total Stockholders Equity
943
947
1,079
1,248
1,354
1,359
1,464
1,336
1,389
384
265
272
287
459
592
513
523
Total Equity
0.34
0.36
0.43
0.51
0.50
0.49
0.51
0.44
0.43
0.19
0.17
0.19
0.21
0.29
0.34
0.17
0.19
Equity-to-Asset
* All financial numbers are in millions except for per share data, ratios and percentage change.
GuruFocus Manual of Stocks™  |  May 20, 2022
Rent-A-Center Inc (NAS:RCII)
www.gurufocus.com/stock/NAS:RCII

Valuation Ratios

Valuation Ratios

Dec06
Dec07
Dec08
Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
TTM Fiscal Period
20.21
13.20
8.49
7.03
12.42
14.02
11.34
14.31
20.07
At Loss
At Loss
92.50
101
9.30
10.27
23.78
20.03
PE Ratio
20.21
13.20
8.49
7.03
12.42
14.02
11.34
14.31
20.07
At Loss
At Loss
92.50
101
9.30
10.27
23.78
20.03
PE Ratio without NRI
18.16
10.45
4.01
5.10
24.58
13.35
17.58
113
--
--
6.52
--
6.68
10.04
14.31
17.95
6.23
Price-to-Owner-Earnings
2.20
1.02
1.08
0.93
1.51
1.61
1.36
1.32
1.39
2.07
2.26
2.17
3.03
3.44
3.51
6.19
2.90
PB Ratio
--
--
--
--
73.53
262
17.93
--
169
4.68
2.93
2.75
3.78
4.15
4.04
--
-- Price-to-Tangible-Book
20.24
7.29
3.68
4.51
17.23
14.88
17.68
70.79
--
5.29
2.04
13.26
4.42
8.31
10.57
9.73
3.92
Price-to-Free-Cash-Flow
11.12
4.20
3.09
3.57
9.83
7.99
9.37
13.69
101
3.44
1.69
5.41
3.88
7.49
9.03
8.19
3.34
Price-to-Operating-Cash-Flow
0.86
0.35
0.41
0.43
0.78
0.79
0.66
0.59
0.61
0.24
0.20
0.22
0.33
0.60
0.76
0.70
0.35
PS Ratio
8.32
--
--
0.89
2.02
3.15
2.33
2.10
2.47
--
--
--
--
--
--
1.48
1.42
PEG Ratio
1.34
0.73
0.70
0.64
0.98
0.99
0.85
0.85
0.93
0.52
0.41
0.44
0.47
0.76
0.85
1.08
0.67
EV-to-Revenue
4.36
2.48
2.17
2.01
3.06
3.09
2.59
2.69
3.05
-8.07
1.83
1.88
1.69
2.16
2.58
2.99
1.83
EV-to-EBITDA
14.74
10.09
7.04
5.97
8.85
9.73
8.35
10.62
15.36
-1.68
-18.56
-18.56
22.03
7.94
10.06
18.62
14.53
EV-to-EBIT
6.78
9.91
14.20
16.75
11.30
10.28
11.98
9.42
6.51
-59.52
-5.39
-5.39
4.54
12.59
9.94
5.37
6.90
Earnings Yield (Joel Greenblatt) %
11.28
9.46
1.95
23.18
14.62
12.32
12.67
13.20
11.08
--
--
--
--
--
--
22.37
33.16
Forward Rate of Return (Yacktman) %
22.33
9.92
10.85
9.56
16.20
16.60
14.72
14.27
15.83
32.78
226
--
--
--
--
--
-- Shiller PE Ratio
--
--
--
--
0.56
1.46
2.01
2.58
2.56
6.41
2.84
1.44
--
0.87
3.08
2.64
5.08
Dividend Yield %

Valuation and Quality

Dec06
Dec07
Dec08
Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
TTM Fiscal Period
2,071
969
1,165
1,163
2,038
2,187
1,994
1,758
1,924
794
598
592
867
1,579
2,079
3,179
1,516
Market Cap
3,272
2,131
2,024
1,773
2,669
2,839
2,621
2,632
2,921
1,690
1,227
1,192
1,251
2,024
2,395
4,938
3,161
Enterprise Value
29.51
14.52
17.65
17.72
32.28
37.00
34.36
33.34
36.32
14.97
11.25
11.10
16.19
28.84
38.29
48.04
25.64
Month End Stock Price
-24.30
-23.72
-20.16
-16.67
-20.01
-22.91
-23.00
-31.10
-34.65
-28.84
-23.38
-20.17
-17.84
-19.24
-18.41
-35.84
-36.50
Net Cash per Share
-7.99
-8.16
-6.01
-3.45
-3.12
-22.03
-22.02
-29.90
-33.32
-27.44
-21.99
-18.79
-16.46
-17.62
-16.65
-33.84
-34.36
Net Current Asset Value
-16.41
-16.68
-13.93
-10.93
-12.60
-22.30
-22.31
-30.26
-33.72
-27.81
-22.39
-19.19
-16.86
-18.09
-17.17
-34.41
-34.96
Net-Net Working Capital
40.68
43.68
49.35
46.48
46.04
49.31
51.48
50.92
44.33
22.37
22.96
18.84
20.21
26.53
36.12
35.04
63.05
Intrinsic Value: Projected FCF
30.02
33.92
32.33
29.74
30.37
34.57
37.47
38.89
38.12
35.14
29.02
25.15
23.72
24.42
25.43
34.56
37.03
Median PS Value
--
--
--
19.91
15.99
--
--
15.64
14.73
--
--
--
--
--
--
32.06
23.76
Peter Lynch Fair Value
--
--
--
--
5.07
2.89
11.43
--
2.96
--
--
3.30
3.93
22.00
28.19
--
-- Graham Number
73.66
71.49
27.16
39.73
49.01
60.23
68.85
75.00
67.98
64.18
60.54
47.54
48.44
47.85
51.87
29.31
40.42
Earnings Power Value (EPV)
2.61
2.64
2.94
3.14
3.33
3.04
3.10
2.71
2.51
0.83
2.56
2.73
3.23
3.76
3.91
3.08
2.83
Altman Z-Score
6.00
6.00
7.00
8.00
8.00
5.00
7.00
5.00
2.00
5.00
6.00
5.00
8.00
6.00
7.00
4.00
6.00
Piotroski F-Score
-1.35
-3.46
-2.87
-5.55
-2.59
-2.61
-2.35
-2.46
-2.28
-5.55
-4.12
-2.74
-3.14
-2.35
-2.41
-1.64
-2.89
Beneish M-Score
1.10
0.77
0.74
0.74
0.81
0.75
0.75
0.77
0.79
0.39
0.45
0.54
0.47
0.65
0.57
1.30
0.71
Scaled Net Operating Assets
23.94
-1.77
-6.94
-3.65
4.55
1.29
2.55
4.11
5.32
-55.43
-24.98
-2.85
-15.34
-3.96
-0.44
36.03
-10.81
Sloan Ratio %
2.45
11.31
2.17
2.00
1.80
0.45
0.39
0.33
0.32
0.44
0.52
0.52
0.69
0.46
0.66
0.65
0.49
Current Ratio
0.36
1.95
0.42
0.44
0.47
0.45
0.39
0.33
0.32
0.44
0.52
0.52
0.69
0.46
0.66
0.65
0.49
Quick Ratio
0.18
0.97
0.19
0.21
0.11
0.28
0.20
0.13
0.13
0.20
0.29
0.26
0.47
0.21
0.41
0.29
0.21
Cash Ratio
N/A
2.56
4.21
10.88
12.06
8.47
9.76
6.26
4.04
3.29
1.80
--
1.31
8.18
15.49
3.96
2.85
Interest Coverage
30.41
31.09
24.40
22.26
32.67
38.04
38.39
40.50
37.38
36.99
16.25
13.71
16.40
28.88
39.69
65.50
67.76
Highest Stock Price
18.68
13.17
12.04
14.85
17.66
22.13
32.61
33.09
23.86
14.96
8.93
7.98
7.30
16.11
12.07
38.14
22.70
Lowest Stock Price
1.11
4.96
1.08
0.51
3.82
6.40
1.80
9.13
-0.46
-0.17
-0.15
-0.31
-0.43
-2.24
0.82
-21.89
10.80
Shares Buyback Ratio %
-0.74
8.00
1.15
0.76
4.15
7.51
3.10
12.37
--
0.06
0.06
0.04
0.04
0.19
1.53
12.93
26.28
Buyback Yield %
9.30
21.36
2.62
-3.69
0.26
12.35
11.18
8.33
5.97
3.97
-9.73
-10.02
-2.82
-2.18
5.79
35.86
39.01
YoY Rev. per Sh. Growth
-20.22
-24.66
89.09
21.15
3.17
1.54
14.77
-23.10
-22.32
-1,093
88.98
106
33.33
1,838
20.32
-45.84
-63.32
YoY EPS Growth
0.99
16.43
12.34
-4.57
-0.23
12.09
14.89
4.09
1.51
-122
420
-6.90
15.82
22.83
-0.39
48.39
52.33
YoY EBITDA Growth
2.43
-6.03
-12.53
7.90
6.15
4.45
4.86
6.80
8.14
--
--
--
--
--
--
16.03
14.10
5-Year EBITDA Growth Rate
69.66
68.71
66.61
65.99
65.10
61.19
58.91
54.80
52.85
53.05
53.12
53.28
53.47
54.33
54.19
57.05
53.75
Shares Outstanding (Basic Average)
70.19
66.70
65.99
65.65
63.15
59.10
58.04
52.74
52.98
53.07
53.15
53.31
53.54
54.74
54.29
66.17
59.14
Shares Outstanding (EOP)
1.43
1.52
1.04
0.59
0.80
0.76
1.11
0.74
1.02
0.16
0.71
0.20
0.59
0.47
1.63
1.96
2.08
Beta
03/01/07
02/29/08
02/27/09
02/26/10
02/25/11
02/28/12
02/26/13
03/03/14
03/02/15
02/29/16
03/01/17
03/01/18
03/01/19
03/02/20
03/01/21
02/28/22
  Filing Date
03/01/07
02/27/09
02/26/10
02/28/12
02/26/13
03/03/14
03/02/15
02/29/16
03/01/17
03/01/18
03/01/19
03/02/20
03/01/21
02/28/22
02/28/22
02/28/22
  Restated Filing Date
02/01/10
02/01/11
01/31/12
01/29/13
01/28/14
02/03/15
02/02/16
02/14/17
02/21/18
02/26/19
02/25/20
02/25/21
02/24/22
  Earnings Release Date
--
60.00
51.00
66.00
67.00
69.00
50.00
44.00
41.00
37.00
38.00
35.00
26.00
38.00
51.00
--
-- Number of Shareholders
19,740
18,600
17,900
17,400
18,300
19,700
20,200
22,200
22,200
24,300
21,600
18,300
14,000
14,500
14,850
14,290
14,290
Number of Employees
* All financial numbers are in millions except for per share data, ratios and percentage change.
GuruFocus Manual of Stocks™  |  May 20, 2022
Rent-A-Center Inc (NAS:RCII)
www.gurufocus.com/stock/NAS:RCII

Explanation

1. Predictability Rank

GuruFocus Predictability Rank is a proprietary ranking of the consistency of a business. We rank the predictability of companies based on the consistency of their revenue per share and EBITDA (earnings before interest, tax, depreciation and amortization) per share over the past 10 fiscal years. Our study found that there is a strong correlation between the stock performance and the predictability of a business. Over the long term, companies with higher predictability also have better stock performance.

The rank is from 1-star to 5-star, with 5-star as the best.

2. Financial Strength

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

  1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
  2. Debt to revenue ratio. The lower, the better.
  3. Altman Z-Score.

The rank is from 1 to 10, with 10 as the highest.

A Financial Strength rank of 8 or above indicates good financial strength; between 4-7 indicates fair financial strength; 3 or below means poor financial strength.

3. Profitability Rank

GuruFocus Profitability Rank indicates how profitable a company is and how likely it is that the company's business will stay that way. It is based on these factors:

  1. Operating Margin %.
  2. Piotroski F-Score.
  3. Trend of the Operating Margin percentage (five-year average). A company with an uptrend in profit margin will have a higher rank.
  4. Consistency of the profitability.
  5. Predictability Rank.

The rank is from 1 to 10, with 10 as the highest.

A Profitability Rank of 8 or above indicates good profitability; between 4-7 indicates fair profitability; 3 or below means poor profitability.

4. Peter Lynch Chart

In Peter Lynch's excellent book, "One Up on Wall Street," he used many charts to illustrate the valuation of stocks. “A quick way to tell if a stock is overpriced is to compare the price line to the earnings line. If you bought familiar growth companies – such as Shoney’s, The Limited, or Marriott – when the stock price fell well below the earnings line, and sold them when the stock price rose dramatically above it, the chances are you’d do pretty well.”

The original Peter Lynch Chart does have limitations due to the right side price scale is pre-set at 15 times the earnings scale on the left side. When the stock price and earnings line coincide, the price-to-earnings ratio is always 15 times. Instead of using the fixed PE Ratio of 15, our approach is using 15-year historical median PE without NRI Ratio for each stock.

The Peter Lynch Chart with earnings line at median PE without NRI ratio works well for the companies with steady growth and earnings trends, or the stalwarts, as coined by Lynch. These companies tend to be found in sectors such as consumer staples, healthcare, and utilities, where the consumption of the product or service is relatively independent of economic conditions. It does not work well with the sectors that are cyclical: industrials, chemicals, durable goods, and so forth.

5. GF Value

Based on the relationship between the current stock price and the GF Value, GuruFocus provides the following 6 evaluations:

  1. Possible Value Trap, Think Twice
  2. Significantly Overvalued
  3. Modestly Overvalued
  4. Fairly Valued
  5. Modestly Undervalued
  6. Significantly Undervalued
There is only a sufficient margin of safety when the stock is undervalued.

Disclaimer

GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.