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Altarea SCA (Altarea SCA) Cyclically Adjusted Price-to-FCF : 9.01 (As of Jun. 01, 2024)


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What is Altarea SCA Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Altarea SCA's current share price is $115.00. Altarea SCA's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 was $12.76. Altarea SCA's Cyclically Adjusted Price-to-FCF for today is 9.01.

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

ATRRF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.61   Med: 15.01   Max: 56.07
Current: 8.75

During the past 13 years, Altarea SCA's highest Cyclically Adjusted Price-to-FCF was 56.07. The lowest was 5.61. And the median was 15.01.

ATRRF's Cyclically Adjusted Price-to-FCF is ranked better than
65.98% of 391 companies
in the REITs industry
Industry Median: 11.31 vs ATRRF: 8.75

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.

Altarea SCA's adjusted free cash flow per share data of for the fiscal year that ended in Dec22 was $9.613. 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 $12.76 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altarea SCA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Altarea SCA'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.

Altarea SCA Cyclically Adjusted Price-to-FCF Chart

Altarea SCA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.74 12.75 14.62 10.59 -

Altarea SCA 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 14.62 - 10.59 - -

Competitive Comparison of Altarea SCA's Cyclically Adjusted Price-to-FCF

For the REIT - Residential subindustry, Altarea SCA'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.


Altarea SCA's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where Altarea SCA's Cyclically Adjusted Price-to-FCF falls into.



Altarea SCA 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.

Altarea SCA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=115.00/12.76
=9.01

* 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.

Altarea SCA's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Altarea SCA's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=9.613/114.1600*114.1600
=9.613

Current CPI (Dec22) = 114.1600.

Altarea SCA Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.491 99.800 -0.562
201412 8.150 99.860 9.317
201512 6.816 100.040 7.778
201612 9.829 100.650 11.148
201712 14.050 101.850 15.748
201812 13.391 103.470 14.774
201912 21.967 104.980 23.888
202012 29.181 104.960 31.739
202112 12.070 107.850 12.776
202212 9.613 114.160 9.613

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.


Altarea SCA  (OTCPK:ATRRF) 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.


Altarea SCA Cyclically Adjusted Price-to-FCF Related Terms

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Altarea SCA (Altarea SCA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Altarea SCA (OTCPK:ATRRF) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
8 avenue Delcasse, Paris, FRA, 75008
Altarea SCA is a real estate investment trust primarily engaged in the acquisition, development, and management of properties throughout Western and Southern Europe. The company's real estate portfolio is composed of residential, retail, office, and mixed-use spaces. Altarea derives the majority of its revenue from rental income related to the leasing of its real estate assets. The company's entry-level and midrange residential apartment properties generate most of this income. In terms of geography, the vast majority of Altarea's revenue comes from its holdings in France's major urban areas, such as the Greater Paris region.

Altarea SCA (Altarea SCA) Headlines

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