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FRP Holdings (FRP Holdings) Cyclically Adjusted Price-to-FCF : 26.34 (As of May. 14, 2024)


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What is FRP Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), FRP Holdings's current share price is $30.03. FRP Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.14. FRP Holdings's Cyclically Adjusted Price-to-FCF for today is 26.34.

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

FRPH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25.25   Med: 42.32   Max: 116.33
Current: 26.29

During the past years, FRP Holdings's highest Cyclically Adjusted Price-to-FCF was 116.33. The lowest was 25.25. And the median was 42.32.

FRPH's Cyclically Adjusted Price-to-FCF is ranked worse than
76.55% of 695 companies
in the Real Estate industry
Industry Median: 12.62 vs FRPH: 26.29

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.

FRP Holdings's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.648. 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 $1.14 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


FRP Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for FRP Holdings'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.

FRP Holdings Cyclically Adjusted Price-to-FCF Chart

FRP Holdings Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.58 31.42 35.28 26.37 27.53

FRP Holdings 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 28.10 27.88 25.17 27.53 -

Competitive Comparison of FRP Holdings's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, FRP Holdings'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.


FRP Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

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



FRP Holdings 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.

FRP Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=30.03/1.14
=26.34

* 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.

FRP Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, FRP Holdings's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.648/129.4194*129.4194
=0.648

Current CPI (Dec. 2023) = 129.4194.

FRP Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.242 99.695 0.314
201406 0.548 100.560 0.705
201409 0.201 100.428 0.259
201412 0.325 99.070 0.425
201503 0.097 99.621 0.126
201506 0.249 100.684 0.320
201509 0.206 100.392 0.266
201512 0.296 99.792 0.384
201603 0.166 100.470 0.214
201606 0.230 101.688 0.293
201609 0.293 101.861 0.372
201612 0.282 101.863 0.358
201703 0.244 102.862 0.307
201706 0.204 103.349 0.255
201709 0.315 104.136 0.391
201712 0.285 104.011 0.355
201803 0.264 105.290 0.325
201806 0.084 106.317 0.102
201809 -2.401 106.507 -2.918
201812 0.222 105.998 0.271
201903 0.163 107.251 0.197
201906 0.247 108.070 0.296
201909 0.347 108.329 0.415
201912 1.621 108.420 1.935
202003 0.203 108.902 0.241
202006 0.266 108.767 0.317
202009 0.222 109.815 0.262
202012 0.280 109.897 0.330
202103 0.182 111.754 0.211
202106 0.402 114.631 0.454
202109 0.289 115.734 0.323
202112 0.310 117.630 0.341
202203 0.070 121.301 0.075
202206 0.398 125.017 0.412
202209 0.232 125.227 0.240
202212 0.484 125.222 0.500
202303 0.248 127.348 0.252
202306 0.431 128.729 0.433
202309 0.416 129.860 0.415
202312 0.648 129.419 0.648

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.


FRP Holdings  (NAS:FRPH) 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.


FRP Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


FRP Holdings (FRP Holdings) Business Description

Industry
Traded in Other Exchanges
N/A
Address
200 West Forsyth Street, 7th Floor, Jacksonville, FL, USA, 32202
FRP Holdings Inc is a holding company engaged in various real estate businesses. The company's business segments are Leasing and management of commercial properties owned by the company (the Asset Management Segment); Leasing and management of mining royalty land owned by the company (the Mining Royalty Lands Segment); real property acquisition, entitlement, development and construction for apartment, retail, warehouse, and office buildings either alone or through joint ventures (the Development Segment); ownership, leasing and management of buildings through joint ventures (the Stabilized Joint Venture Segment).
Executives
Devilliers David H Iii officer: Executive Vice President 200 WEST FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Milton John D Jr officer: Executive VP and CFO 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Devilliers David H Jr officer: President of Real Estate Group 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Baker John D Ii director, 10 percent owner 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Nicole B. Thomas director 200 W. FORSYTH ST, 7TH FLOOR, JACKSONVILLE FL 32202
John S Surface director 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Baker John D. Iii officer: Chief Financial Officer FRP HOLDINGS, INC., 200 WEST FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
John D Klopfenstein officer: Controller and CAO 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Margaret B. Wetherbee director FRP HOLDINGS, INC., 200 WEST FORSYTH STREET, JACKSONVILLE FL 32202
Commander Charles E Iii director 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
James H Winston director C/O STEIN MORT INC, 1200 RIVERPLACE BLVD, JACKSONVILLE FL 32207
Walton William H Iii director ONE INDEPENDENT DRIVE, SUITE 1600, JACKSONVILLE FL 32202
Baker Thompson S Ii director, 10 percent owner 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Robert E Sandlin officer: President & CEO of FRTL 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Fichthorn Luke E Iii director 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202

FRP Holdings (FRP Holdings) Headlines

From GuruFocus

FRP Holdings, Inc. Announces Investor Day

By GlobeNewswire 08-04-2023