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Charter Hall Group (ASX:CHC) Cyclically Adjusted Price-to-FCF : 20.62 (As of May. 14, 2024)


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What is Charter Hall Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), Charter Hall Group's current share price is A$11.96. Charter Hall Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was A$0.58. Charter Hall Group's Cyclically Adjusted Price-to-FCF for today is 20.62.

The historical rank and industry rank for Charter Hall Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ASX:CHC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.86   Med: 25.43   Max: 56.87
Current: 20.98

During the past 13 years, Charter Hall Group's highest Cyclically Adjusted Price-to-FCF was 56.87. The lowest was 14.86. And the median was 25.43.

ASX:CHC's Cyclically Adjusted Price-to-FCF is ranked worse than
68.92% of 695 companies
in the Real Estate industry
Industry Median: 12.62 vs ASX:CHC: 20.98

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.

Charter Hall Group's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was A$0.695. 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$0.58 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Charter Hall Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Charter Hall Group'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.

Charter Hall Group Cyclically Adjusted Price-to-FCF Chart

Charter Hall Group 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 38.17 28.01 40.35 21.69 18.47

Charter Hall Group 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 - 21.69 - 18.47 -

Competitive Comparison of Charter Hall Group's Cyclically Adjusted Price-to-FCF

For the Real Estate - Diversified subindustry, Charter Hall Group'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.


Charter Hall Group's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Charter Hall Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Charter Hall Group's Cyclically Adjusted Price-to-FCF falls into.



Charter Hall Group 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.

Charter Hall Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.96/0.58
=20.62

* 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.

Charter Hall Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Charter Hall Group'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)
=0.695/124.1700*124.1700
=0.695

Current CPI (Jun23) = 124.1700.

Charter Hall Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.250 98.352 0.316
201506 0.263 99.838 0.327
201606 0.303 100.859 0.373
201706 0.358 102.809 0.432
201806 0.348 104.945 0.412
201906 0.398 106.617 0.464
202006 0.838 106.246 0.979
202106 0.451 110.332 0.508
202206 1.221 117.112 1.295
202306 0.695 124.170 0.695

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.


Charter Hall Group  (ASX:CHC) 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.


Charter Hall Group Cyclically Adjusted Price-to-FCF Related Terms

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


Charter Hall Group (ASX:CHC) Business Description

Industry
Traded in Other Exchanges
Address
No.1 Martin Place, Level 20, Sydney, NSW, AUS, 2000
Charter Hall Group's main activity is managing property funds for retail and institutional investors, and listed REITs such as Charter Hall Retail REIT, Charter Hall Social Infrastructure REIT, and Charter Hall Long WALE REIT. More than two thirds of earnings come from funds management and we expect this proportion to increase over time. Strong returns generated substantial performance fees over the last five years, which we expect to moderate due to lower property market returns in future, however regular base fees and intermittent performance fees should continue. Charter Hall co-invests in its funds, so a portion of its earnings come from rent, as well as development fees and development profits on projects that it manages.

Charter Hall Group (ASX:CHC) Headlines

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