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Aims Property Securities Fund (ASX:APW) Cyclically Adjusted Price-to-FCF : 16.89 (As of Jun. 01, 2024)


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What is Aims Property Securities Fund Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Aims Property Securities Fund's current share price is A$1.52. Aims Property Securities Fund's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was A$0.09. Aims Property Securities Fund's Cyclically Adjusted Price-to-FCF for today is 16.89.

The historical rank and industry rank for Aims Property Securities Fund's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ASX:APW' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0   Med: 0   Max: 17.54
Current: 16.72

During the past 13 years, Aims Property Securities Fund's highest Cyclically Adjusted Price-to-FCF was 17.54. The lowest was 0.00. And the median was 0.00.

ASX:APW's Cyclically Adjusted Price-to-FCF is ranked worse than
67.01% of 391 companies
in the REITs industry
Industry Median: 11.31 vs ASX:APW: 16.72

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.

Aims Property Securities Fund's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was A$0.016. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is A$0.09 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aims Property Securities Fund Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aims Property Securities Fund's Cyclically Adjusted Price-to-FCF 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.

Aims Property Securities Fund Cyclically Adjusted Price-to-FCF Chart

Aims Property Securities Fund Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.65 12.74 14.00 13.74 13.38

Aims Property Securities Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted Price-to-FCF 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 - 13.74 - 13.38 -

Competitive Comparison of Aims Property Securities Fund's Cyclically Adjusted Price-to-FCF

For the REIT - Diversified subindustry, Aims Property Securities Fund'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.


Aims Property Securities Fund's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Aims Property Securities Fund's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Aims Property Securities Fund's Cyclically Adjusted Price-to-FCF falls into.



Aims Property Securities Fund Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Aims Property Securities Fund's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.52/0.09
=16.89

* 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.

Aims Property Securities Fund's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Aims Property Securities Fund's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.016/124.1700*124.1700
=0.016

Current CPI (Jun23) = 124.1700.

Aims Property Securities Fund Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.407 98.352 0.514
201506 0.074 99.838 0.092
201606 0.075 100.859 0.092
201706 0.048 102.809 0.058
201806 0.057 104.945 0.067
201906 0.030 106.617 0.035
202006 0.029 106.246 0.034
202106 0.005 110.332 0.006
202206 -0.002 117.112 -0.002
202306 0.016 124.170 0.016

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


Aims Property Securities Fund  (ASX:APW) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Aims Property Securities Fund Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Aims Property Securities Fund's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Aims Property Securities Fund (ASX:APW) Business Description

Industry
Traded in Other Exchanges
N/A
Address
259 George Street, Level 41, Sydney, NSW, AUS, 2000
Aims Property Securities Fund operates as a real estate securities fund. It invests in listed property trusts, unlisted property trusts, and listed property-related companies, and cash and fixed interest securities. The company manages property and mortgage funds. The investment objective of the fund is to provide investors with regular quarterly income and the potential for long-term capital growth. The company holds investments in a portfolio of property-related securities diversified by property sectors, geographic locations, and fund managers.

Aims Property Securities Fund (ASX:APW) Headlines

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