GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SITE Centers Corp (FRA:DDR2) » Definitions » Cyclically Adjusted Price-to-FCF

SITE Centers (FRA:DDR2) Cyclically Adjusted Price-to-FCF : 7.06 (As of Jun. 05, 2024)


View and export this data going back to . Start your Free Trial

What is SITE Centers Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), SITE Centers's current share price is €13.20. SITE Centers's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.87. SITE Centers's Cyclically Adjusted Price-to-FCF for today is 7.06.

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

FRA:DDR2' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.19   Med: 7.01   Max: 18
Current: 7.08

During the past years, SITE Centers's highest Cyclically Adjusted Price-to-FCF was 18.00. The lowest was 2.19. And the median was 7.01.

FRA:DDR2's Cyclically Adjusted Price-to-FCF is ranked better than
72.05% of 390 companies
in the REITs industry
Industry Median: 11.465 vs FRA:DDR2: 7.08

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.

SITE Centers's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.176. 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 €1.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SITE Centers Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SITE Centers'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.

SITE Centers Cyclically Adjusted Price-to-FCF Chart

SITE Centers 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 7.24 5.19 7.28 6.30 6.59

SITE Centers 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 5.63 6.12 5.81 6.59 7.12

Competitive Comparison of SITE Centers's Cyclically Adjusted Price-to-FCF

For the REIT - Retail subindustry, SITE Centers'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.


SITE Centers's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



SITE Centers 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.

SITE Centers's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.20/1.87
=7.06

* 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.

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

For example, SITE Centers'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)
=0.176/131.7762*131.7762
=0.176

Current CPI (Mar. 2024) = 131.7762.

SITE Centers Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.448 100.560 0.587
201409 0.495 100.428 0.650
201412 0.474 99.070 0.630
201503 0.322 99.621 0.426
201506 0.715 100.684 0.936
201509 0.451 100.392 0.592
201512 0.671 99.792 0.886
201603 0.402 100.470 0.527
201606 0.726 101.688 0.941
201609 0.586 101.861 0.758
201612 0.568 101.863 0.735
201703 0.469 102.862 0.601
201706 0.571 103.349 0.728
201709 0.422 104.136 0.534
201712 0.496 104.011 0.628
201803 0.254 105.290 0.318
201806 0.482 106.317 0.597
201809 0.166 106.507 0.205
201812 0.315 105.998 0.392
201903 0.207 107.251 0.254
201906 0.381 108.070 0.465
201909 0.346 108.329 0.421
201912 0.382 108.420 0.464
202003 0.167 108.902 0.202
202006 0.166 108.767 0.201
202009 0.237 109.815 0.284
202012 0.271 109.897 0.325
202103 0.236 111.754 0.278
202106 0.347 114.631 0.399
202109 0.291 115.734 0.331
202112 0.272 117.630 0.305
202203 0.213 121.301 0.231
202206 0.361 125.017 0.381
202209 0.346 125.227 0.364
202212 0.228 125.222 0.240
202303 0.187 127.348 0.194
202306 0.373 128.729 0.382
202309 0.292 129.860 0.296
202312 0.204 129.419 0.208
202403 0.176 131.776 0.176

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.


SITE Centers  (FRA:DDR2) 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.


SITE Centers Cyclically Adjusted Price-to-FCF Related Terms

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


SITE Centers (FRA:DDR2) Business Description

Industry
Traded in Other Exchanges
Address
3300 Enterprise Parkway, Beachwood, OH, USA, 44122
SITE Centers Corp is a United States-based self-administered and self-managed REIT that operates as a fully integrated real estate company. The company is the owner and manager of open-air shopping centers that provide a compelling shopping experience and merchandise mix for retail partners and consumers.

SITE Centers (FRA:DDR2) Headlines

No Headlines