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Transcontinental Realty Investors (FRA:TI9) Cyclically Adjusted Price-to-FCF : (As of Jun. 01, 2024)


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What is Transcontinental Realty Investors Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Transcontinental Realty Investors Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Transcontinental Realty Investors'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.

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Transcontinental Realty Investors Cyclically Adjusted Price-to-FCF Chart

Transcontinental Realty Investors Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Transcontinental Realty Investors Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Transcontinental Realty Investors's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, Transcontinental Realty Investors'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.


Transcontinental Realty Investors's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Transcontinental Realty Investors's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Transcontinental Realty Investors's Cyclically Adjusted Price-to-FCF falls into.



Transcontinental Realty Investors 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.

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

For example, Transcontinental Realty Investors'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)
=0.412/131.7762*131.7762
=0.412

Current CPI (Mar. 2024) = 131.7762.

Transcontinental Realty Investors Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.694 100.560 0.909
201409 0.480 100.428 0.630
201412 -1.773 99.070 -2.358
201503 2.366 99.621 3.130
201506 -6.889 100.684 -9.016
201509 0.068 100.392 0.089
201512 -0.684 99.792 -0.903
201603 -0.650 100.470 -0.853
201606 3.801 101.688 4.926
201609 -1.410 101.861 -1.824
201612 -1.622 101.863 -2.098
201703 -0.983 102.862 -1.259
201706 1.394 103.349 1.777
201709 -1.753 104.136 -2.218
201712 -1.100 104.011 -1.394
201803 0.157 105.290 0.196
201806 -0.056 106.317 -0.069
201809 -2.107 106.507 -2.607
201812 -16.220 105.998 -20.165
201903 -1.790 107.251 -2.199
201906 0.190 108.070 0.232
201909 0.674 108.329 0.820
201912 -2.731 108.420 -3.319
202003 -0.806 108.902 -0.975
202006 -0.172 108.767 -0.208
202009 -0.562 109.815 -0.674
202012 2.039 109.897 2.445
202103 -0.088 111.754 -0.104
202106 0.130 114.631 0.149
202109 -0.752 115.734 -0.856
202112 -0.388 117.630 -0.435
202203 -0.439 121.301 -0.477
202206 -0.366 125.017 -0.386
202209 0.248 125.227 0.261
202212 -4.371 125.222 -4.600
202303 0.166 127.348 0.172
202306 -1.065 128.729 -1.090
202309 1.766 129.860 1.792
202312 -4.131 129.419 -4.206
202403 0.412 131.776 0.412

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.


Transcontinental Realty Investors  (FRA:TI9) 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.


Transcontinental Realty Investors Cyclically Adjusted Price-to-FCF Related Terms

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Transcontinental Realty Investors (FRA:TI9) Business Description

Traded in Other Exchanges
Address
1603 Lyndon B Johnson Freeway, Suite 800, Dallas, TX, USA, 75234
Transcontinental Realty Investors Inc is a fully integrated externally managed real estate company. It operates multifamily and commercial properties throughout the southern United States and also invests in mortgage notes receivable and in the land that is either held for appreciation or development. The company has two business segments: the acquisition, development, ownership, and management of multifamily properties which include the rental of apartments and other tenant services, including parking and storage space rental, and the acquisition, development, ownership, and management of commercial properties which are office properties. It includes the rental of office space and other tenant services, including parking and storage space rental.

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