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The RMR Group (FRA:26R) Cyclically Adjusted Price-to-FCF : 2.60 (As of Jun. 06, 2024)


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What is The RMR Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), The RMR Group's current share price is €21.00. The RMR Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €8.07. The RMR Group's Cyclically Adjusted Price-to-FCF for today is 2.60.

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

FRA:26R' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.52   Med: 2.68   Max: 3.14
Current: 2.59

During the past years, The RMR Group's highest Cyclically Adjusted Price-to-FCF was 3.14. The lowest was 2.52. And the median was 2.68.

FRA:26R's Cyclically Adjusted Price-to-FCF is ranked better than
88.81% of 697 companies
in the Real Estate industry
Industry Median: 12.17 vs FRA:26R: 2.59

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.

The RMR Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.126. 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 €8.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The RMR Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for The RMR 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.

The RMR Group Cyclically Adjusted Price-to-FCF Chart

The RMR Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
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The RMR Group 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 - - - 3.13 2.67

Competitive Comparison of The RMR Group's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, The RMR 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.


The RMR Group's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

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



The RMR 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.

The RMR Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=21.00/8.07
=2.60

* 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.

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

For example, The RMR Group'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)
=0.126/131.7762*131.7762
=0.126

Current CPI (Mar. 2024) = 131.7762.

The RMR Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 100.560 0.000
201409 0.675 100.428 0.886
201412 2.282 99.070 3.035
201503 1.738 99.621 2.299
201506 0.967 100.684 1.266
201509 7.318 100.392 9.606
201512 0.783 99.792 1.034
201603 3.215 100.470 4.217
201606 1.416 101.688 1.835
201609 0.125 101.861 0.162
201612 1.440 101.863 1.863
201703 4.459 102.862 5.712
201706 1.190 103.349 1.517
201709 0.145 104.136 0.183
201712 2.116 104.011 2.681
201803 8.341 105.290 10.439
201806 1.184 106.317 1.468
201809 -0.021 106.507 -0.026
201812 2.938 105.998 3.653
201903 6.678 107.251 8.205
201906 0.976 108.070 1.190
201909 0.223 108.329 0.271
201912 2.324 108.420 2.825
202003 0.192 108.902 0.232
202006 0.854 108.767 1.035
202009 -0.041 109.815 -0.049
202012 0.713 109.897 0.855
202103 0.221 111.754 0.261
202106 0.957 114.631 1.100
202109 -0.021 115.734 -0.024
202112 0.983 117.630 1.101
202203 0.432 121.301 0.469
202206 1.183 125.017 1.247
202209 0.361 125.227 0.380
202212 0.817 125.222 0.860
202303 0.388 127.348 0.401
202306 3.944 128.729 4.037
202309 -0.293 129.860 -0.297
202312 0.838 129.419 0.853
202403 0.126 131.776 0.126

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.


The RMR Group  (FRA:26R) 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.


The RMR Group Cyclically Adjusted Price-to-FCF Related Terms

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


The RMR Group (FRA:26R) Business Description

Industry
Traded in Other Exchanges
Address
255 Washington Street, Suite 300, Two Newton Place, Newton, MA, USA, 02458-1634
The RMR Group Inc is a holding company that conducts its business through its subsidiary, which is an alternative asset management company that invests in real estate and manages real estate-related businesses. Its business consists of providing management services to publicly owned real estate investment trusts, or REITs, and real estate-related operating companies. It also provides management services to real estate securities mutual funds and commercial real estate finance companies. The company's operating segment is RMR LLC and All Other Operations. The RMR Group derives its revenue from providing business and property management services as well as advisory and other services.

The RMR Group (FRA:26R) Headlines

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