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Lightstone Value Plus REIT I (Lightstone Value Plus REIT I) Cyclically Adjusted FCF per Share : $0.75 (As of Mar. 2024)


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What is Lightstone Value Plus REIT I 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.

Lightstone Value Plus REIT I's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.100. 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 $0.75 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lightstone Value Plus REIT I's average Cyclically Adjusted FCF Growth Rate was -3.80% 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.

As of today (2024-06-08), Lightstone Value Plus REIT I's current stock price is $4.65. Lightstone Value Plus REIT I's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.75. Lightstone Value Plus REIT I's Cyclically Adjusted Price-to-FCF of today is 6.20.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lightstone Value Plus REIT I was 8.11. The lowest was 5.45. And the median was 6.88.


Lightstone Value Plus REIT I Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Lightstone Value Plus REIT I'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.

Lightstone Value Plus REIT I Cyclically Adjusted FCF per Share Chart

Lightstone Value Plus REIT I 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 - - 0.67 0.68 0.74

Lightstone Value Plus REIT I 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 0.78 0.96 1.10 0.74 0.75

Competitive Comparison of Lightstone Value Plus REIT I's Cyclically Adjusted FCF per Share

For the REIT - Hotel & Motel subindustry, Lightstone Value Plus REIT I'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.


Lightstone Value Plus REIT I's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Lightstone Value Plus REIT I's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Lightstone Value Plus REIT I's Cyclically Adjusted Price-to-FCF falls into.



Lightstone Value Plus REIT I 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, Lightstone Value Plus REIT I'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)
=-0.1/131.7762*131.7762
=-0.100

Current CPI (Mar. 2024) = 131.7762.

Lightstone Value Plus REIT I Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.434 100.560 0.569
201409 0.489 100.428 0.642
201412 0.183 99.070 0.243
201503 0.118 99.621 0.156
201506 0.183 100.684 0.240
201509 0.143 100.392 0.188
201512 -0.117 99.792 -0.154
201603 0.226 100.470 0.296
201606 0.291 101.688 0.377
201609 0.287 101.861 0.371
201612 0.345 101.863 0.446
201703 0.215 102.862 0.275
201706 0.290 103.349 0.370
201709 0.240 104.136 0.304
201712 0.088 104.011 0.111
201803 0.181 105.290 0.227
201806 0.195 106.317 0.242
201809 0.255 106.507 0.316
201812 0.217 105.998 0.270
201903 0.254 107.251 0.312
201906 0.208 108.070 0.254
201909 0.208 108.329 0.253
201912 0.161 108.420 0.196
202003 0.113 108.902 0.137
202006 0.092 108.767 0.111
202009 0.230 109.815 0.276
202012 0.019 109.897 0.023
202103 0.057 111.754 0.067
202106 0.166 114.631 0.191
202109 0.306 115.734 0.348
202112 -0.080 117.630 -0.090
202203 0.264 121.301 0.287
202206 0.102 125.017 0.108
202209 0.043 125.227 0.045
202212 -0.045 125.222 -0.047
202303 -0.197 127.348 -0.204
202306 -0.057 128.729 -0.058
202309 -0.078 129.860 -0.079
202312 -0.018 129.419 -0.018
202403 -0.100 131.776 -0.100

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


Lightstone Value Plus REIT I  (GREY:LHTV) 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.

Lightstone Value Plus REIT I's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.65/0.75
=6.20

* 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 Lightstone Value Plus REIT I was 8.11. The lowest was 5.45. And the median was 6.88.


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.


Lightstone Value Plus REIT I Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Lightstone Value Plus REIT I's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Lightstone Value Plus REIT I (Lightstone Value Plus REIT I) Business Description

Traded in Other Exchanges
N/A
Address
1985 Cedar Bridge Avenue, Suite 1, Lakewood, NJ, USA, 08701
Lightstone Value Plus REIT I Inc operates as a real estate investment trust company. Principally, it engages in the business of investing in and owning commercial and residential real estate properties located in the United States. Additionally, its commercial holdings consist of retail primarily multi-tenant shopping centers, lodging, industrial and residential properties comprised of multi-family complexes. The company generates revenue through the provision of rental, tenant, and other services.
Executives
Howard E Friedman director 6201 GREEN MEADOW WAY, BALTIMORE MD 21209
Owen Peyton H Jr officer: President C/O LIGHTSTONE GROUP, 326 THIRD STREET, LAKEWOOD NJ 08701
Donna Brandin officer: CFO and Treasurer C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
George R Whittemore director P.O. BOX 330, MIDLOTHIAN VA 23113
Michael M Schurer officer: CFO, Treasurer C/O THE LIGHTSTONE GROUP, LLC, 326 3RD STREET, LAKEWOOD NJ 08701
Stephen H Hamrick officer: VP, Investor Relations 139 VAN BOLEN WAY, MAHWAH NJ 07430
David Lichtenstein director, officer: CEO, President, Chairmn Bd Dr C/O THE LIGHTSTONE GROUP, LLC, 1985 CEDAR BRIDGE AVENUE, SUITE 1, LAKEWOOD NJ 08701
Edwin J Glickman director
Vinck Bruno De director, officer: COO, Senior VP, Secretary C/O THE LIGHTSTONE GROUP, LLC, 1985 CEDAR BRIDGE AVENUE, SUITE 1, LAKEWOOD NJ 08701
Shawn R Tominus director C/O METRO MANAGEMENT, P.O. BOX 425, OLD BRIDGE NJ 08857
Joseph E Teichman officer: General Counsel C/O LIGHTSTONE VALUE PLUS REIT, INC., 326 THIRD STREET, LAKEWOOD NJ 08701

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