GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Custodian Property Income REIT PLC (LSE:CREI) » Definitions » Cyclically Adjusted FCF per Share

Custodian Propertyome REIT (LSE:CREI) Cyclically Adjusted FCF per Share : £0.06 (As of Sep. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Custodian Propertyome REIT 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.

Custodian Propertyome REIT's adjusted free cash flow per share data for the fiscal year that ended in Mar. 2023 was £0.027. 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 £0.06 for the trailing ten years ended in Mar. 2023.

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 (2024-06-09), Custodian Propertyome REIT's current stock price is £ 0.722. Custodian Propertyome REIT's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar. 2023 was £0.06. Custodian Propertyome REIT's Cyclically Adjusted Price-to-FCF of today is 12.03.

During the past 10 years, the highest Cyclically Adjusted Price-to-FCF of Custodian Propertyome REIT was 15.87. The lowest was 11.25. And the median was 14.02.


Custodian Propertyome REIT Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Custodian Propertyome REIT'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.

Custodian Propertyome REIT Cyclically Adjusted FCF per Share Chart

Custodian Propertyome REIT Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.06

Custodian Propertyome REIT Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - - 0.06 -

Competitive Comparison of Custodian Propertyome REIT's Cyclically Adjusted FCF per Share

For the REIT - Diversified subindustry, Custodian Propertyome REIT'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.


Custodian Propertyome REIT's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



Custodian Propertyome REIT 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, Custodian Propertyome REIT's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.027/126.8000*126.8000
=0.027

Current CPI (Mar. 2023) = 126.8000.

Custodian Propertyome REIT Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.000 99.300 0.000
201503 0.046 99.600 0.059
201603 0.062 100.400 0.078
201703 0.059 102.700 0.073
201803 0.062 105.100 0.075
201903 0.075 107.000 0.089
202003 0.058 108.600 0.068
202103 0.040 109.700 0.046
202203 0.057 116.500 0.062
202303 0.027 126.800 0.027

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


Custodian Propertyome REIT  (LSE:CREI) 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.

Custodian Propertyome REIT's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.722/0.06
=12.03

* 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 10 years, the highest Cyclically Adjusted Price-to-FCF of Custodian Propertyome REIT was 15.87. The lowest was 11.25. And the median was 14.02.


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.


Custodian Propertyome REIT Cyclically Adjusted FCF per Share Related Terms

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


Custodian Propertyome REIT (LSE:CREI) Business Description

Traded in Other Exchanges
Address
1 New Walk Place, Leicester, GBR, LE1 6RU
Custodian Property Income REIT PLC is a real estate investment trust with a portfolio of regional properties let to institutional grade tenants throughout the United Kingdom. The company's only operating segment is an investment in commercial properties. Its investment objective is to provide its shareholders with income by maintaining a high level of dividend, covered by earnings, with a level of gearing. The company properties consist of industrial, office, retail and other properties. It derives its revenue from the rental income it receives from the investment property.

Custodian Propertyome REIT (LSE:CREI) Headlines

No Headlines