GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » ACRES Commercial Realty Corp (NYSE:ACR) » Definitions » Cyclically Adjusted FCF per Share

ACRES Commercial Realty (ACRES Commercial Realty) Cyclically Adjusted FCF per Share : $5.19 (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is ACRES Commercial Realty 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.

ACRES Commercial Realty's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.415. 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 $5.19 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ACRES Commercial Realty's average Cyclically Adjusted FCF Growth Rate was 1.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -4.80% 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 ACRES Commercial Realty was 3.10% per year. The lowest was -19.50% per year. And the median was -8.70% per year.

As of today (2024-06-06), ACRES Commercial Realty's current stock price is $12.90. ACRES Commercial Realty's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $5.19. ACRES Commercial Realty's Cyclically Adjusted Price-to-FCF of today is 2.49.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ACRES Commercial Realty was 6.92. The lowest was 0.61. And the median was 2.93.


ACRES Commercial Realty Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ACRES Commercial Realty'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.

ACRES Commercial Realty Cyclically Adjusted FCF per Share Chart

ACRES Commercial Realty 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 5.40 5.08 5.66 5.27 5.29

ACRES Commercial Realty Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.12 5.05 4.98 5.29 5.19

Competitive Comparison of ACRES Commercial Realty's Cyclically Adjusted FCF per Share

For the REIT - Mortgage subindustry, ACRES Commercial Realty'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.


ACRES Commercial Realty's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, ACRES Commercial Realty's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



ACRES Commercial Realty 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, ACRES Commercial Realty'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)
=0.415/131.7762*131.7762
=0.415

Current CPI (Mar. 2024) = 131.7762.

ACRES Commercial Realty Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.462 100.560 -0.605
201409 -2.217 100.428 -2.909
201412 -5.062 99.070 -6.733
201503 -4.711 99.621 -6.232
201506 6.922 100.684 9.060
201509 0.936 100.392 1.229
201512 3.475 99.792 4.589
201603 -1.770 100.470 -2.322
201606 -2.826 101.688 -3.662
201609 -2.395 101.861 -3.098
201612 5.134 101.863 6.642
201703 6.238 102.862 7.991
201706 -2.289 103.349 -2.919
201709 15.821 104.136 20.020
201712 1.699 104.011 2.153
201803 1.120 105.290 1.402
201806 1.026 106.317 1.272
201809 0.847 106.507 1.048
201812 1.592 105.998 1.979
201903 0.380 107.251 0.467
201906 1.295 108.070 1.579
201909 1.020 108.329 1.241
201912 1.406 108.420 1.709
202003 0.222 108.902 0.269
202006 1.114 108.767 1.350
202009 0.563 109.815 0.676
202012 1.050 109.897 1.259
202103 0.925 111.754 1.091
202106 1.450 114.631 1.667
202109 0.187 115.734 0.213
202112 1.594 117.630 1.786
202203 0.170 121.301 0.185
202206 1.363 125.017 1.437
202209 0.573 125.227 0.603
202212 1.548 125.222 1.629
202303 1.071 127.348 1.108
202306 1.800 128.729 1.843
202309 1.368 129.860 1.388
202312 1.113 129.419 1.133
202403 0.415 131.776 0.415

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


ACRES Commercial Realty  (NYSE:ACR) 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.

ACRES Commercial Realty's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=12.90/5.19
=2.49

* 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 Price-to-FCF of ACRES Commercial Realty was 6.92. The lowest was 0.61. And the median was 2.93.


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.


ACRES Commercial Realty Cyclically Adjusted FCF per Share Related Terms

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


ACRES Commercial Realty (ACRES Commercial Realty) Business Description

Industry
Traded in Other Exchanges
Address
390 RXR Plaza, Uniondale, New York, NY, USA, 11556
ACRES Commercial Realty Corp is a commercial real estate investment trust that focuses on real-estate-related assets and, to a lesser extent, commercial finance assets. The company invests in commercial real-estate-related assets, including whole loans, A notes, B notes, mezzanine loans, and mortgage-related securities, as well as commercial finance assets, which include other asset-backed securities, senior secured corporate loans, equipment leases and notes, trust preferred securities, debt tranches of collateralize debt obligations, and private equity investments mainly issued by financial institutions.
Executives
Eagle Point Credit Management Llc 10 percent owner 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Eagle Point Dif Gp I Llc 10 percent owner 600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Dawanna Williams director 865 MERRICK AVE, SUITE 200 S, WESTBURY NY 11590
Karen K Edwards director C/O ARBOR REALTY TRUST, 333 EARLE OVINGTON BOULEVARD, SUITE 900, UNIONDALE NY 11553
Jaclyn Jesberger officer: SVP, CLO & Secretary 865 MERRICK AVENUE, SUITE 200S, WESTBURY NY 11590
Andrew Fentress director 865 MERRICK AVE, SUITE 200 S, WESTBURY NY 11590
Mark S Fogel director, officer: CEO and President 865 MERRICK AVE, SUITE 200 S, WESTBURY NY 11590
Thomas C Elliott officer: EVP 1845 WALNUT STREET, 18TH FLOOR, PHILADELPHIA PA 19103
Matthew J Stern officer: President C/O ISLAND CAPITAL GROUP, LLC, 717 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10022
David J Bryant officer: SVP, CFO & Tresurer C/O RESOURCE AMERICA, INC., 1845 WALNUT STREET, 18TH FLOOR, PHILADEPHIA PA 19103
Jeffrey P Cohen director C/O ISLAND CAPITAL GROUP, LLC, 717 5TH AVENUE, 18TH FLOOR, NEW YORK NY 10022
Michele R. Weisbaum officer: SVP, Chief Legal Officer & Sec C/O RESOURCE AMERICA, INC., 1845 WALNUT STREET, 18TH FLOOR, PHILADELPHIA PA 19103
Robert C Lieber officer: CEO & President C/O ISLAND CAPITAL GROUP, LLC, 717 5TH AVENUE, 18TH FLOOR, NEW YORK NY 10022
Gary Ickowicz director C/O RESOURCE AMERICA, INC., 1845 WALNUT STREET, 18TH FLOOR, PHILADELPHIA PA 19103
Paul A Hughson officer: EVP C/O ISLAND CAPITAL GROUP, LLC, 717 5TH AVENUE, 18TH FLOOR, NEW YORK NY 10022