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Office Propertiesome Trust (Office Propertiesome Trust) Cyclically Adjusted FCF per Share : $6.63 (As of Mar. 2024)


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What is Office Propertiesome Trust 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.

Office Propertiesome Trust's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.549. 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 $6.63 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Office Propertiesome Trust's average Cyclically Adjusted FCF Growth Rate was -7.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 28.90% 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 Office Propertiesome Trust was 28.90% per year. The lowest was 28.90% per year. And the median was 28.90% per year.

As of today (2024-05-24), Office Propertiesome Trust's current stock price is $2.32. Office Propertiesome Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $6.63. Office Propertiesome Trust's Cyclically Adjusted Price-to-FCF of today is 0.35.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Office Propertiesome Trust was 9.37. The lowest was 0.28. And the median was 2.62.


Office Propertiesome Trust Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Office Propertiesome Trust'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.

Office Propertiesome Trust Cyclically Adjusted FCF per Share Chart

Office Propertiesome Trust 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 -1.98 3.15 7.44 7.25 6.75

Office Propertiesome Trust 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 7.20 7.08 6.95 6.75 6.63

Competitive Comparison of Office Propertiesome Trust's Cyclically Adjusted FCF per Share

For the REIT - Office subindustry, Office Propertiesome Trust'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.


Office Propertiesome Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where Office Propertiesome Trust's Cyclically Adjusted Price-to-FCF falls into.



Office Propertiesome Trust 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, Office Propertiesome Trust'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)
=0.549/131.7762*131.7762
=0.549

Current CPI (Mar. 2024) = 131.7762.

Office Propertiesome Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.179 100.560 2.855
201409 1.901 100.428 2.494
201412 2.197 99.070 2.922
201503 1.608 99.621 2.127
201506 1.964 100.684 2.571
201509 1.476 100.392 1.937
201512 1.481 99.792 1.956
201603 1.758 100.470 2.306
201606 2.297 101.688 2.977
201609 1.106 101.861 1.431
201612 1.972 101.863 2.551
201703 1.475 102.862 1.890
201706 2.451 103.349 3.125
201709 1.077 104.136 1.363
201712 1.679 104.011 2.127
201803 1.424 105.290 1.782
201806 2.351 106.317 2.914
201809 1.077 106.507 1.333
201812 0.989 105.998 1.230
201903 0.390 107.251 0.479
201906 1.853 108.070 2.259
201909 0.839 108.329 1.021
201912 1.397 108.420 1.698
202003 0.782 108.902 0.946
202006 1.530 108.767 1.854
202009 1.141 109.815 1.369
202012 1.402 109.897 1.681
202103 1.202 111.754 1.417
202106 1.234 114.631 1.419
202109 0.856 115.734 0.975
202112 1.302 117.630 1.459
202203 1.042 121.301 1.132
202206 1.216 125.017 1.282
202209 0.907 125.227 0.954
202212 0.826 125.222 0.869
202303 1.074 127.348 1.111
202306 0.751 128.729 0.769
202309 0.432 129.860 0.438
202312 0.673 129.419 0.685
202403 0.549 131.776 0.549

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


Office Propertiesome Trust  (NAS:OPI) 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.

Office Propertiesome Trust's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.32/6.63
=0.35

* 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 Office Propertiesome Trust was 9.37. The lowest was 0.28. And the median was 2.62.


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.


Office Propertiesome Trust Cyclically Adjusted FCF per Share Related Terms

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


Office Propertiesome Trust (Office Propertiesome Trust) Business Description

Industry
Traded in Other Exchanges
Address
255 Washington Street, Two Newton Place, Suite 300, Newton, MA, USA, 02458-1634
Office Properties Income Trust is a United States-based real estate investment trust. Its property portfolio is mainly composed of single-tenant office buildings, as well as multitenant properties, which are leased to parties of high credit quality characteristics. Its largest tenant is the U.S. government, followed by other smaller government entities and corporations. The company's properties are spread across the United States.
Executives
Brian E. Donley officer: CFO and Treasurer C/O THE RMR GROUP LLC,, TWO NEWTON PL., 255 WASHINGTON ST., NEWTON MA 02458
Mark A. Talley director C/O THE RMR GROUP LLC, TWO NEWTON PALCE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Jennifer B Clark director
Christopher J. Bilotto officer: Vice President C/O THE RMR GROUP LLC, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Matthew C. Brown officer: CFO and Treasurer C/O OFFICE PROPERTIES INCOME TRUST, TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458
Donna D. Fraiche director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
William A. Lamkin director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Jeffrey C. Leer officer: CFO and Treasurer C/O FIVE STAR SENIOR LIVING INC., 400 CENTRE STREET, NEWTON MA 02458
Elena Poptodorova director TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Reit Commonwealth 10 percent owner TWO NORTH RIVERSIDE PLAZA, SUITE 2000, CHICAGO IL 60606
Mark Lawrence Kleifges officer: Treasurer and CFO C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
David M Blackman officer: Treasurer and CFO C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Barry M. Portnoy director, 10 percent owner C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
John L Harrington director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Adam D. Portnoy director, 10 percent owner, officer: President C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458