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Healthpeak Properties (BSP:P1EA34) Cyclically Adjusted Price-to-FCF : 8.53 (As of Jun. 02, 2024)


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What is Healthpeak Properties Cyclically Adjusted Price-to-FCF?

As of today (2024-06-02), Healthpeak Properties's current share price is R$93.39. Healthpeak Properties's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$10.95. Healthpeak Properties's Cyclically Adjusted Price-to-FCF for today is 8.53.

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

BSP:P1EA34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.61   Med: 14.53   Max: 59.64
Current: 8.46

During the past years, Healthpeak Properties's highest Cyclically Adjusted Price-to-FCF was 59.64. The lowest was 6.61. And the median was 14.53.

BSP:P1EA34's Cyclically Adjusted Price-to-FCF is ranked better than
68.29% of 391 companies
in the REITs industry
Industry Median: 11.31 vs BSP:P1EA34: 8.46

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.

Healthpeak Properties's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$1.264. 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 R$10.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Healthpeak Properties Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Healthpeak Properties'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.

Healthpeak Properties Cyclically Adjusted Price-to-FCF Chart

Healthpeak Properties 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 15.65 13.33 14.93 10.32 8.41

Healthpeak Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.00 8.30 7.62 8.41 7.97

Competitive Comparison of Healthpeak Properties's Cyclically Adjusted Price-to-FCF

For the REIT - Healthcare Facilities subindustry, Healthpeak Properties'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.


Healthpeak Properties's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



Healthpeak Properties 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.

Healthpeak Properties's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=93.39/10.95
=8.53

* 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.

Healthpeak Properties's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Healthpeak Properties'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)
=1.264/131.7762*131.7762
=1.264

Current CPI (Mar. 2024) = 131.7762.

Healthpeak Properties Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.758 100.560 2.304
201409 1.402 100.428 1.840
201412 2.101 99.070 2.795
201503 1.568 99.621 2.074
201506 2.451 100.684 3.208
201509 2.304 100.392 3.024
201512 2.958 99.792 3.906
201603 2.130 100.470 2.794
201606 2.892 101.688 3.748
201609 2.307 101.861 2.985
201612 1.544 101.863 1.997
201703 1.271 102.862 1.628
201706 1.676 103.349 2.137
201709 1.378 104.136 1.744
201712 1.469 104.011 1.861
201803 1.369 105.290 1.713
201806 1.954 106.317 2.422
201809 1.689 106.507 2.090
201812 1.704 105.998 2.118
201903 1.271 107.251 1.562
201906 1.788 108.070 2.180
201909 2.080 108.329 2.530
201912 1.775 108.420 2.157
202003 0.902 108.902 1.091
202006 2.166 108.767 2.624
202009 2.206 109.815 2.647
202012 2.088 109.897 2.504
202103 1.284 111.754 1.514
202106 2.187 114.631 2.514
202109 2.072 115.734 2.359
202112 2.347 117.630 2.629
202203 1.791 121.301 1.946
202206 2.389 125.017 2.518
202209 2.340 125.227 2.462
202212 2.018 125.222 2.124
202303 1.656 127.348 1.714
202306 2.641 128.729 2.704
202309 2.285 129.860 2.319
202312 2.070 129.419 2.108
202403 1.264 131.776 1.264

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.


Healthpeak Properties  (BSP:P1EA34) 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.


Healthpeak Properties Cyclically Adjusted Price-to-FCF Related Terms

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


Healthpeak Properties (BSP:P1EA34) Business Description

Industry
Traded in Other Exchanges
Address
4600 South Syracuse Street, Suite 500, Denver, CO, USA, 80237
Healthpeak owns a diversified healthcare portfolio of approximately 457 in-place properties spread across mainly medical office and life science assets, plus a handful of senior housing, hospital, and skilled nursing/post-acute care assets, as well.

Healthpeak Properties (BSP:P1EA34) Headlines

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