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Fair Value REIT-AG (FRA:FVI) Cyclically Adjusted Price-to-FCF : 4.44 (As of Jun. 12, 2024)


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What is Fair Value REIT-AG Cyclically Adjusted Price-to-FCF?

As of today (2024-06-12), Fair Value REIT-AG's current share price is €3.86. Fair Value REIT-AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €0.87. Fair Value REIT-AG's Cyclically Adjusted Price-to-FCF for today is 4.44.

The historical rank and industry rank for Fair Value REIT-AG's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:FVI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.02   Med: 10.14   Max: 15.35
Current: 4.64

During the past 13 years, Fair Value REIT-AG's highest Cyclically Adjusted Price-to-FCF was 15.35. The lowest was 4.02. And the median was 10.14.

FRA:FVI's Cyclically Adjusted Price-to-FCF is ranked better than
85.6% of 389 companies
in the REITs industry
Industry Median: 11.3 vs FRA:FVI: 4.64

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.

Fair Value REIT-AG's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €0.875. 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 €0.87 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fair Value REIT-AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fair Value REIT-AG'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.

Fair Value REIT-AG Cyclically Adjusted Price-to-FCF Chart

Fair Value REIT-AG 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 12.36 10.13 10.35 6.52 4.62

Fair Value REIT-AG 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 10.35 - 6.52 - 4.62

Competitive Comparison of Fair Value REIT-AG's Cyclically Adjusted Price-to-FCF

For the REIT - Retail subindustry, Fair Value REIT-AG'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.


Fair Value REIT-AG's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where Fair Value REIT-AG's Cyclically Adjusted Price-to-FCF falls into.



Fair Value REIT-AG 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.

Fair Value REIT-AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.86/0.87
=4.44

* 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.

Fair Value REIT-AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Fair Value REIT-AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.875/123.7729*123.7729
=0.875

Current CPI (Dec23) = 123.7729.

Fair Value REIT-AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.649 99.543 0.807
201512 0.496 99.717 0.616
201612 0.673 101.217 0.823
201712 1.324 102.617 1.597
201812 0.751 104.217 0.892
201912 0.609 105.818 0.712
202012 0.706 105.518 0.828
202112 0.725 110.384 0.813
202212 0.673 119.345 0.698
202312 0.875 123.773 0.875

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.


Fair Value REIT-AG  (FRA:FVI) 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.


Fair Value REIT-AG Cyclically Adjusted Price-to-FCF Related Terms

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


Fair Value REIT-AG (FRA:FVI) Business Description

Industry
Traded in Other Exchanges
Address
Wurmstrasse 13a, Grafelfing, Munich, DEU, 82166
Fair Value REIT-AG is a real estate investment trust. The company invests in German commercial real estates. Investment focuses on retail properties and office buildings in regional locations. It solely generates its segment revenues from Tenants.

Fair Value REIT-AG (FRA:FVI) Headlines